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The Latest Breaking News from Oil

Dips, dals and naked ravioli: five ways with frozen spinach

From curries to pie, frozen spinach is an economical way to pack a heavy vegetable punch – and it works in just about every cuisine

The Guardian - AU

Pipeline company to pay nearly $1M over California oil spill

The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern California will pay nearly $1 million in cleanup costs

The Independent UK

Fed's rate rises might have way to go yet

By the time this article is published, readers will know how much the US Fed funds rate has been raised for the fourth time this year. It does not really matter whether the rate is raised by 0.75% or 1% this time because the Fed will need to keep raising…

Bangkok Post

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3 Energy Stocks That’ll Help Power up Your Portfolio

Robust demand amid Russia’s supply cuts in an already tight market is driving up oil and gas prices. With prices expected to remain elevated, we think the energy stocks TotalEnergies (TTE), Diamondback Energy (FANG), and ConocoPhillips (COP) might be solid buys. Read on….

StockNews.com

The message for Biden — West Asia has moved on

The U.S. President’s visit could serve his domestic interests to some extent, but it has made no difference to the region

The Hindu

Biden could unlock new powers by declaring a ‘climate emergency’

Such a declaration would enable the US president to halt crude oil exports and spur investments in clean energy tech.

Al Jazeera

'Asinine' Cash Flow: Energy Analyst Revises Forecast On Energy Stocks, Crude Oil Prices - 'Facts' Have Changed

Fundamentals will win, and shareholders will benefit from energy companies generating "asinine amounts" of free cash flow, says energy analysts at HFI Research. HFI is a contrarian investment research firm whose current focus is on the energy and natural gas markets.

Benzinga

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Brittney Griner testifies at her drugs trial in Russia

Here are some quotes from Wednesday's testimony by U.S. basketball star Brittney Griner to a Russian court trying her for possession of drugs, after she was detained at a Moscow airport in February with vape cartridges containing hashish oil.

Reuters

Secret Nottingham bar Boilermaker announces new venture after closure

The new looks screams 'we are open'

Nottingham Post

Winter Is Coming: Natural Gas Rationing Is Coming To Europe--Plus, An Update On Our Natural Gas Play

Poke The Bear, Suffer A Frosty Winter

Benzinga

Talaris Therapeutics And 3 Other Stocks Under $5 Insiders Are Aggressively Buying

US crude oil futures traded higher by around 1% on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall…

Benzinga

G7 aim to have price cap on Russian oil in place before Dec 5

The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7 official said on Wednesday.

Reuters

‘I was out in the sun every spare moment I had but now I’ve got cancer’

Doctors told Gary Jones the skin cancer that spread to his lymph nodes was caused by sun damage after years of sun bathing at home and on holiday. Please be aware this article contains some graphic images

Wales Online

Drivers flock to 'cheapest petrol station in UK' as it lowers prices again to help drivers

Cars can be seen queuing up and down the street to fill up at Limes Service Station in Walkden, Greater Manchester, where unleaded costs 159.9p a litre

Daily Mirror

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Asharq Al-Awsat

Egypt Seeks to Reduce, Capture and Store Carbon

Egyptian Petroleum Minister Tarek El Molla and Environment Minister Yasmine Fouad met on Tuesday to discuss preparations for the COP27 Climate Summit, which will be held in the Red Sea resort of Sharm El-Sheikh in November. They discussed organizing a number of events related to environmental sustainability, carbon reduction, capture…

Evening Standard

Best castor oils for hair: What are the benefits and top products to buy

To strengthen and nourish your locks

Dynamite News

Rahul Gandhi targets PM Modi on issue of price rise

"Why a cylinder for Rs 1053? Why GST on curd-cereals? Why Mustard Oil for Rs 200? The 'king' arrested 57 MPs and suspended 23 MPs for asking questions on inflation and unemployment," Gandhi said in a tweet in Hindi. Full story on Dynamite News:

The Independent UK

Global stocks, oil prices higher before likely US rate hike

Major global stock markets and Wall Street futures have advanced as traders brace for a possible sharp interest rate hike by the Federal Reserve to cool surging inflation

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Reuters

Iranian tanker to retrieve oil cargo confiscated by U.S. this week

An Iranian-flagged tanker anchored off the Greek port of Piraeus is expected this week to retrieve part of its cargo of oil confiscated by the United States and sail back to Iran following a Greek court ruling, government sources said on Wednesday.

Belfast Live

Bangor businesses urged to check drainage connections after latest Ward Park pollution

"Contamination of the water has unfortunately occurred on a number of different occasions over the past number of years."

Al Jazeera

Indonesian ExxonMobil accusers get day in court after 21 years

US judge clears way for trial over alleged human rights abuses by the oil giant during the late 1990s and early 2000s.

Asharq Al-Awsat

Oil Steady as Demand Concerns Offset US Crude Stock Drawdown

Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles. Brent crude futures were at $104.55 a barrel at 0640 GMT, up 15 cents, or 0.1%.

France 24

Live: Three Ukrainian ports resume work following deal on grain exports

Three Ukrainian Black Sea ports resumed work Wednesday, Ukraine's navy said, following a UN-backed deal aimed at releasing 25 million tonnes of cereals stuck in Ukraine. Russian energy giant Gazprom cut gas deliveries to Europe via the Nord Stream pipeline to about 20 percent of its capacity, German authorities said.…

The Guardian - AU

Westpac’s climate targets blasted by activists despite tougher stance on fossil fuels

Bank tightens rules on financing coal, oil and gas projects but environmental groups say it’s not enough

Bangkok Post

PTT signs 20y LNG purchase contract

National oil and gas conglomerate PTT Plc has signed a 20-year purchase contract for liquefied natural gas (LNG) with Cheniere Energy Inc, a subsidiary of US-based Corpus Christi Liquefaction LLC.

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