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The Latest Breaking News from Oil

Russia curtails oil shipments to central Europe

Several countries in Europe dependent on Russian energy are suffering another blow with confirmation that oil shipments have stopped through a critical pipeline

The Independent UK

Olive oil prices to rise due to heatwave

The price of Olive Oil is set to increase as the heatwave takes hold

Evening Standard

Warning over hidden dangers to dogs found on UK beaches

The warmer weather can wash up deadly substances that range from algae to shellfish that are 1000 times more potent than cyanide

Chronicle Live

From analysis to the latest developments in health,
read the most diverse news in one place.

Rail strikes: and the winners are – car dealers, oil companies and bus firms

Train Talk: ‘Stay strong, stay united and we will prevail’ says the Aslef boss. I’m not so sure

The Independent UK

Southern California gas prices are falling fast. But how long can it last?

Southern California drivers are getting more relief at the gas pump, with the average cost of a gallon of regular gas in Los Angeles County slipping below $5.50.

Los Angeles Times

Robinhood, Procter & Gamble And 3 Other Big Stocks Insiders Are Selling

U.S. crude oil futures traded mostly lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Ukraine halted oil flows to Europe over payment issue, Russia's Transneft says

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday.

Reuters

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Congress is about to pass a historic climate bill. So why are oil companies pleased?

The bill is a devil’s bargain between the Democrats, the fossil fuel industry, and recalcitrant senator Joe Manchin. Yet it’s better than nothing

The Guardian - US

FairFuelUK slams 'profiteering' as it says petrol and diesel should be 25p a litre cheaper

FairFuelUK says action is needed now

Wales Online

Sainsbury's, Tesco, Waitrose, Morrisons and Asda shoppers issued olive oil prices warning

Olive oil costs could soar by around 25% due to a fierce heatwave in Spain that is halting production of the cupboard staple

Daily Record

U.S. Stock Futures Edge Higher; Crude Oil Drops

Pre-open movers

Benzinga

LZ Granderson: Alex Jones is no kind of 'theorist'

I don't like using the phrase "conspiracy theorist" to describe people like Alex Jones, because people like Jones are not "theorists." They're snake oil salesmen.

Los Angeles Times

Married man, 52, had sex with pony while drunk and on drugs

His DNA was found inside a horse, which had been taped up and wrapped in bandage. Police found baby oil and carrots in his car and 1,000 searches on his internet history

Wales Online

Oil Slips amid Chance of Iran Nuclear Deal Supply Boost

Oil prices slipped on Tuesday as traders eyed the latest progress in last-ditch talks to revive the 2015 nuclear accord with Iran, which would clear the way to boost its crude exports in a tight market. Brent crude futures were down 86 cents, or 0.9%, at $95.79 a barrel at…

Asharq Al-Awsat

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The Independent UK

Cost of living: Calls for 25p cut in fuel duty as petrol firms accused of ‘highway robbery’

FairFuelUK accuses big oil companies of ‘profiteering’ at pumps and calls for government help

Irish Mirror

Expert sounds winter blackout alarm as Ireland 'least prepared' for winter energy crisis

The prices of both oil and gas remain extraordinarily high, putting further pressure onto the Irish public to try and cut costs elsewhere so they can heat their home or cook their food

The Independent UK

Learning from failures: How Biden scored win on climate plan

Many pieces of President Joe Biden's domestic agenda have been jettisoned over the last year, but his proposals on climate change remain largely intact

Bangkok Post

Three reinforces holistic, sustainable approach to skincare

The Japanese cosmetics company Three began its global expansion in Thailand nine years ago, disseminating its holistic beauty philosophy, based on achieving a balance of mind, body and skin through natural ingredients, particularly essential oils.

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Bangkok Post

TOP expects global oil prices to continue to fall

Thai Oil Plc (TOP), Thailand’s largest oil refinery by capacity, expects global oil prices to continue to decline this week to US$84-94 per barrel amid growing concerns over a global economic recession, but the decrease will not cause authorities to reduce domestic diesel prices.

The Hindu

Morning Digest | India finishes 4th as Commonwealth Games closes; BJP says it will stand by ally JD(U), and more

A select list of stories to read before you start your day

Tribune News Service

News briefs

Trump did flush ripped-up papers down the toilets, photos in upcoming book reveal

Reuters

Devastating fire may force Cuba to resort to floating oil storage

An inferno at Cuba's largest oil storage facility has killed at least one firefighter, injured many more, and threatens to further swell the fuel import bill for the impoverished island nation that relies on foreign oil for everything from transportation to its power grid.

Miami Herald

As Cuba struggles to put out oil tank fire, questions about disaster response mount

Cuban authorities were still struggling Monday to contain a raging fire at an oil storage facility at the port of Matanzas, after new explosions spread the flames to other oil tanks, raising questions about the country’s disaster preparedness and its ongoing energy crisis.

StockNews.com

4 Energy Stocks You Shouldn’t Ditch Just Yet

Oil prices have declined significantly from their highs earlier this year. However, with supply expected to remain short of demand in the near term, analysts expect Brent crude to average above the $100 mark. Hence, we think it might not be wise to exit fundamentally strong energy stocks Valero Energy…

Benzinga

Nasdaq Turns Lower; Crude Oil Rises Over 1%

U.S. stocks pared gains toward the end of trading, with the S&P 500 and the Nasdaq turning lower on Monday.

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