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The Latest Breaking News from Oil

EU inches towards deal on Russian oil price cap this week

European Union countries are inching towards a deal this week on a price cap on Russian oil, a way to adjust the cap in future, and on linking it to a package of new sanctions against Moscow over its invasion of Ukraine, diplomats said on Tuesday.

Reuters

Macron goes to Washington: Will brewing transatlantic trade row sour state visit?

It's a state visit that's also a chance to gauge superpower status. French President Emmanuel Macron heads to Washington at a time when Europeans are wondering aloud if Vladimir Putin’s invasion of Ukraine has not made the EU even more dependent on the United States. Arming the Ukrainians has shown…

France 24

Fox News’ Peter Doocy taken down in White House press conference clash: ‘That is not an accurate take’

Mr Doocy is known for his provocative line of questioning that frequently delivers combative soundbites to the Fox News audience

The Independent UK

From analysis to the latest developments in health,
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WH spox calls out Fox News reporter

John Kirby swiped back at the reporter with a quick fact-check

Salon

Western governments struggle to agree on Russian oil price cap

Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine.

Reuters

Just Stop Oil activist jailed for six months for M25 disruption

Magistrate reportedly speaks of using Jan Goodey’s case as a ‘deterrent’ during court proceedings

The Guardian - UK

Stephen F. Austin State University moves to join the University of Texas System

Regents said they chose the UT System because of its access to the Permanent University Fund, which consists of oil and gas assets.

The Texas Tribune

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Energy CEO says markets should brace for 'one or two years of extreme volatility'

The head of one of Europe’s largest energy companies says turmoil is far from over, and European nations should start thinking ahead.

Fortune

Kirit Parikh panel for price band to tame CNG, PNG spike

NEW DELHI: A panel under economist Kirit Parikh is set to recommend a price band of $4-6.5 per unit for gas produced from old fields of state-run ONGC and OIL, which would ease pressure on city gas utilities as well as CNG and PNG consumers.

The Times of India

Stowaways make an 11-day 2,000-mile voyage clinging to ship's rudder inches from water

Three stowaways travelled from Nigeria to the Canary Islands on oil tanker Alithini II by sitting on the rudder with their feet just inches from the water for 11 days

Daily Mirror

Best rosacea treatments: Anti-redness skincare from soothing creams to face masks

Treatments to help tackle telltale signs, from redness to inflammation

Evening Standard

Urine Isn't a "Noxious or Filthy Substance for Purposes of 1851 Massachusetts Vandalism Law"

In Commonwealth v. Narvaez, decided Tuesday by the Massachusetts high court, the defendant had allegedly deliberately "urinated on the floor both inside and outside of [his jail] cell": Based on the location of the toilet in the cell, the officer stated that "it [was] apparent that [the defendant] purposely urinated…

Reason

Mediterranean rice pilaf with eggplant and tomato

This recipe makes for a light meal or side dish. Serve it with grilled meats and fish or a roasted chicken.

Chicago Sun-Times

Delayed £400 energy rebate to be paid to people in park homes as ‘soon as possible’

Oil and LPG users are also due a one-off payment for £200 this winter.

Daily Record

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Kiplinger

How to Find the Best Oil Stocks to Buy

Higher demand and lower inventories should help the top-rated oil stocks outperform.

The Independent UK

Rishi Sunak urged to ‘shame’ oil giants avoiding windfall tax by publishing sums collected

Exclusive: Amendment would force ministers to share amounts saved through ‘loophole’

Axios

Oil prices touch pre-Ukraine war lows

Fears of an energy price apocalypse have subsided, for now.

The National (Scotland)

Government vows to oppose 'Grangemouth nuclear reactor plans'

ANY plans to power Scotland’s last remaining oil refinery with a nuclear reactor will be blocked by ministers, the Government has confirmed.

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Manchester Evening News

Shoppers impressed by £28 Dunelm heater that costs pennies to run

Some say they’ve even ditched their central heating for the compact device

Evening Standard

Stowaways survive 11-day voyage from Nigeria to Canary Islands perched on oil tanker’s rudder

The three men were taken to hospital suffering signs of hypothermia and dehydration

The Independent UK

Pair to stand trial over Just Stop Oil protest that closed Dartford Crossing

Drivers were unable to use the Queen Elizabeth II Bridge after two demonstrators mounted its cables with climbing equipment.

St. Louis Post-Dispatch

Editorial: The Saudis mastered 'sportswashing,' so now they're trying oil-washing

World leaders gathered in Egypt this month for a summit to address climate change, but thanks to heavy lobbying by Saudi Arabia, they couldn’t quite bring themselves to put into writing the two main culprits behind climate change: humans and their consumption of fossil fuels. If the major and minor…

Asharq Al-Awsat

UAE Supports Responsible Energy Transition

The UAE is committed to remaining a responsible global energy provider and enabling a more sustainable future, announced President Sheikh Mohammed bin Zayed Al Nahyan. Sheikh Mohammed noted that the UAE would support the efforts to ensure a responsible energy transition by keeping pace with the future and investing in…

Asharq Al-Awsat

Jordan’s King Abdullah, Yemen’s Al-Alimi Discuss Regional Security

Jordan's King Abdullah II met the head of Yemen's presidential council, Rashad Al-Alimi, in Amman on Monday and discussed with him regional developments following Houthis escalating their terrorist attacks on Yemeni oil terminals. Yemeni sources stated that Al-Alimi arrived in Amman on an official visit, accompanied by two members of…

Tribune News Service

Kenny Pickett rallies Steelers with game-winning drive to beat Colts

INDIANAPOLIS — Last time Kenny Pickett was in this building, he was going through the paces at the NFL combine and cementing himself as the No. 1 quarterback in the 2022 draft class. This time around, there were far more fans in the stands, but Pickett pulled through with poise…

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