The Latest Breaking News from Oil

US denies involvement in Kremlin drone attack and says Moscow lacks strength to mount large attacks – as it happened

After Moscow accuses US of being behind Kremlin drone attack, White House says: ‘We had nothing to do with this’

The Guardian - AU · May 4, 2023

Buru Energy investigates potential for floating liquefied natural gas facility in the Kimberley

A decade after conflict at James Price Point prompted Woodside to abandon its gas hub plans for the region, another energy giant is looking at establishing a floating LNG facility off the coast.

ABC News · May 3, 2023

Senate to vote on solar tariffs, prairie bird protections

The Senate is expected to approve a measure Wednesday that would reinstate tariffs on solar panel imports from several Southeast Asian countries after President Joe Biden paused them in a bid to boost solar installations in the U.S. Lawmakers also will vote late Wednesday on a separate plan to undo…

The Independent UK · May 3, 2023

Alberta election: Is the province's energy regulator acting in the public interest?

Alberta’s claims that it’s a responsible energy producer are increasingly ringing hollow.

The Conversation · May 3, 2023

The supermarket staples that have soared in price this year - from cheese, milk and eggs to lemonade and chicken nuggets

Cucumber and olive oil have seen the biggest price increases

Manchester Evening News · May 3, 2023

Food and drink prices soar in supermarkets and takeaways

It's bad news if you like cucumbers, olive oil, hard cheese or popping out for fish and chips

Wales Online · May 3, 2023

Greece warned shipowners days before Iran seized tankers - sources

Greece issued a series of warnings to shipowners to avoid sailing close to Iranian waters days before Tehran seized two tankers amid heightening tensions in the region, according to documents and industry sources.

Reuters · May 3, 2023

The Great Rotation: 3 Value Stocks to Buy in May 2023

As periods of economic turmoil bode relatively well for the value stocks, it could be wise to invest in shares of Group 1 Automotive (GPI), Golden Agri-Resources (GARPY), and Friedman Industries (FRD) that are trading at discounted prices and offer stable returns. Continue reading….

StockNews.com · May 3, 2023

Syria and Iran leaders sign long-term oil, trade agreements

The agreements were signed in Damascus to bolster economic ties between war-torn Syria and longtime ally Iran.

Al Jazeera · May 3, 2023

Crude Prices Sink on the Outlook for Weaker Global Energy Demand

June WTI crude oil (CLM23 ) this morning is down -2.87 (-4.01%), and June RBOB gasoline (RBM23 ) is down -10.73 (-4.41%). June Nymex natural gas (NGM23 ) is down -0.105 (-4.74%). Crude oil and gasoline prices this morning are falling sharply for a second session, with crude posting a...

Barchart · May 3, 2023