The Latest Breaking News from Oil

Energy giants raking in £60 million a DAY in profit as Tories ignore windfall tax demands

The Government has been accused of giving these companies “generous and untargeted handouts” by Labour as millions struggle through the cost of living crisis.

Daily Mirror · May 1, 2023

Crude Oil Prices Retreat on Dollar Strength and Chinese Economic Concerns

June WTI crude oil (CLM23 ) on Monday closed down -1.12 (-1.46%), and June RBOB gasoline (RBM23 ) closed up +2.03 (+0.80%). Crude oil prices Monday settled lower. A rally in the dollar index Monday to a 1-1/2 week high undercut energy prices. Also, Chinese economic concerns weighed on crude...

Barchart · May 1, 2023

Canada's oil province Alberta schedules election for May 29

Canada's main oil-producing province Alberta will hold its election on May 29, a vote expected to be a tight race between Premier Danielle Smith's ruling United Conservative Party (UCP) and Rachel Notley's left-leaning New Democratic Party (NDP).

Reuters · May 1, 2023

Vandals 'destroy 20 cars', pour oil over seats and slash tyres in bizarre town attacks

Residents have been left completely fed up after a strange spate of vandalism has seen a number of cars completely destroyed, with some victims reporting oil being poured over driving seats and excessive graffiti on the cars' paint

Daily Mirror · May 1, 2023

Sector Investors: This Industry Is the Best Bet in 2023 and 3 Stocks Pointing You in the Right Direction

After a strong 2022, the energy sector could show strength this year as well due to production cuts by OPEC+, the long lead time to ramp up new supply and refining capacity, and the revival of demand in China. Therefore, it could be wise to buy fundamentally strong energy stocks…

StockNews.com · May 1, 2023

TikTok users left mind-blown after discovering real use of plastic pull tab on olive oil lids

Don't toss that ring pull from your olive oil bottle just yet

Dublin Live · May 1, 2023

Does the UK really need to drill for more North Sea oil and gas?

Ministers are weighing up a new gasfield but is more UK fossil fuel production necessary or desirable given its climate commitments?

The Guardian - UK · May 1, 2023

Vandals destroyed 20 cars in crime spree leaving locals furious

It is alleged that tyres have been slashed, windows smashed and seats covered in oil during the senseless attack.

Daily Record · May 1, 2023

Fury as vandals destroy over TWENTY cars in a matter of days in sudden crime surge

'On Thursday night someone had all four tyres slashed and oil poured all over the inside of their car'

Manchester Evening News · May 1, 2023

Indigenous community in Colombia gets its day in court over ‘ancestral land’

The U’wa people’s case against the Colombian government could help protect the environment across Latin America

The Guardian - US · May 1, 2023