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The Latest Breaking News from Oil

Oil Prices Ease Ahead of US Inventory Data

Oil prices edged down on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in US crude inventories as product demand weakens. Brent crude prices for September fell 37 cents, or 0.3%, to $106.98 a barrel by 0340 GMT, while US West Texas Intermediate…

Asharq Al-Awsat

Australian supermarket mayonnaises tasted and rated – plus what to cook with them

Not all mayonnaises are made equally. Rosheen Kaul puts 12 to the test, and shares mayo-based recipes for grilled chicken wings and green goddess slaw

The Guardian - AU

Putin warns EU that gas supplies could keep dwindling

Russian President Vladimir Putin says the flow of Russian natural gas to the European customers has dwindled due to the West’s own fault and warned that it could continue ebbing

The Independent UK

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Putin meets Raisi, Erdogan in Iran for talks overshadowed by war

The leaders of Iran, Russia and Turkey met in Tehran to discuss the conflict in Syria but with the turmoil caused by Russian President Vladimir Putin’s war in Ukraine far more in focus.

Tribune News Service

Nasdaq Rises More Than 300 Points; Crude Oil Moves Higher

U.S. stocks extended gains toward the end of trading, with the Nasdaq Composite gaining around 3% on Tuesday.

Benzinga

Explainer: What Putin wants from Iran and why Tehran might be cautious

A budding courtship between Russia and Iran is an unwelcome development for the West that the United States will watch with concern, but it falls well short of a geopolitical game changer.

Reuters

NATO would have eventually started Ukraine war: Khamenei to Putin

Meeting of Iranian, Russian leaders in Tehran came shortly ahead of trilateral summit with Turkey’s President Erdogan.

Al Jazeera

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Biden mulls declaring climate emergency

"Biden needs to deploy every executive power," advocates say

Salon

2 Energy Stocks Investors Should Pull the Trigger on Now

President Biden’s talk in the middle-east ended with no decision to raise OPEC+ oil output. Analysts believe that the oil demand-supply imbalance would keep prices up, and the proposed cap on Russian oil might raise them further. Hence, we think investors should scoop up energy stocks Adams Resources (AE) and…

StockNews.com

How Canada's oilsands can help build better roads

The future seems bleak for Canada’s oilsands. But given the world’s ongoing need for smooth, safe roads, there is hope for the industry. Asphalt binder made from oilsands bitumen is the ideal glue to hold the world’s 40 million kilometres of roads together — and it can be done sustainably,…

The Conversation

Why and how you should spoil your vagina right now

A comprehensive guide to pampering your pus during these trying times for bodily autonomy.

Mic

Five things to know about inflation and how it is affecting us

Why inflation is happening across the globe, and what the pandemic and war in Ukraine mean for food and energy prices.

Al Jazeera

Three held with MDMA, hashish oil

ALAPPUZHA

The Hindu

Why the Best Investors Don't Fear Recessions

Don’t fear recessions since more millionaires and successful companies have been created during these times. Discover why recessions can be a prime time to build wealth.

Benzinga

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StockNews.com

1 Energy Stock to Buy Now With Over 55% Upside

Oil and gas producer Marathon Oil (MRO) has gained 31.4% this year. Moreover, Wall Street analysts expect the stock to rally more than 55% in the near term. So, given MRO’s solid fundamentals, it could be wise to buy the stock now. Read on….

The National (Scotland)

Energy secretary flown around Saudi Arabia by oil firm 'shows UK's hypocrisy'

Kwarteng was flown to various cities in the Saudi kingdom by majority state-owned oil firm Aramco

Benzinga

G2 Energy Names James Tague as President of G2 Energy Holdings US, Inc.

Vancouver, B.C. - TheNewswire - July 14, 2022 - G2 Energy Corp. (CSE:GTOO), ((, (FWB:1NZ.F) (the "Company" or "G2") is pleased to announce that James Tague has been appointed as President of its wholly owned subsidiary G2 Energy Holdings US. In this role, Mr. Tague will manage the operational, financial, and…

WEKU

Yellen believes U.S. will get on board with global minimum corporate tax — eventually

Treasury Secretary Janet Yellen spoke to Morning Edition about global efforts to choke off much of Russia's profit from oil sales and the odds of a recession in the U.S.

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Reuters

Libya's new govt-appointed NOC chief says no change to company status

Farhat Bengdara, who was declared chairman of Libya's National Oil Corp last week by the Government of National Unity in Tripoli, said his appointment did not change the company's legal position after its validity was challenged.

The Independent UK

Chicken caesar salad is so much better as a sandwich

This recipe turns all the delicious parts of your favourite salad into a sandwich you can pick up and bite into, writes Ann Maloney

The Guardian - US

What do we really know about the Russian roots of America’s biggest cannabis company?

Curaleaf could be worth $75bn by 2030. But its US-born chair, Boris Jordan, faces questions over his two decades in Russia

Bangkok Post

Diesel remains capped at B34.94

The Board of the Oil Fuel Fund on Tuesday agreed to maintain its subsidised cap on the price of standard diesel at 34.94 baht per litre for the fifth week to help keep down the cost of living.

Reuters

Iran and Russia's Gazprom sign primary deal for energy cooperation

The National Iranian Oil Company (NIOC) and Russian gas producer Gazprom signed on Tuesday a memorandum of understanding worth around $40 billion, Iran's oil ministry's news agency SHANA said.

The Hindu

Russia seeking oil payments from India in dirhams

Moscow replaced Saudi Arabia as the second biggest oil supplier to India after Iraq for the second month in a row in June

The Independent UK

Asian shares slip as investors eye inflation, earnings

Asian shares are mostly lower as investors weigh oil prices, inflation worries and corporate earnings

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