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The Latest Breaking News from Oil

3 Energy Stocks to Buy and 1 to Avoid in July

Oil prices might soar higher as demand continues to outstrip supply. And we think energy stocks Adams Resources & Energy (AE), TotalEnergies (TTE), and Devon Energy (DVN) are well-positioned to benefit from the industry tailwinds and might be solid buys. However, as oil prices have receded lately on recession fears,…

StockNews.com

Crude Oil Prices Fall Sharply; Greenwich LifeSciences Shares Spike Higher

U.S. stocks traded mixed toward the end of trading after recording losses in the previous session.

Benzinga

Current account deficit likely to touch $105 billion this fiscal: Report

MUMBAI: The country's current account deficit is likely to touch $105 billion or 3 per cent of the GDP this fiscal, mainly due to continuously widening trade deficit, according to a report.

The Times of India

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G2 Energy Signs Purchase and Sale Agreement for Additional Oil Properties

Vancouver, B.C. - TheNewswire - July 7, 2022 - G2 Energy Corp. (CSE:GTOO), (CSE:GTOO), ((, (FWB:1NZ.F) (the "Company" or "G2") is pleased to announce the Company's wholly owned subsidiary G2 Energy TX2, Inc. has signed a Purchase and Sale Agreement (the "PSA") dated April 12, 2022 with subsequent amendments dated June…

Benzinga

How to beat the incoming hummus shortage by making your own (and pita bread)

Both are super easy to make at home

Manchester Evening News

Oil slides on strong dollar and weaker demand outlook

Recession fears and China COVID curbs weigh on oil; Brent and WTI slide by more than $6 a barrel

The Hindu

‘Humiliating climbdown’ or a chance to assert US diplomacy: What’s really behind Biden’s controversial trip to Saudi Arabia

The White House says Mr Biden’s visit with Saudi leaders is meant to ‘reorient’ America’s relationship with Riyadh. But as Andrew Feinberg reports, foreign policy experts are split on whether the president should be going at all

The Independent UK

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People warned not to fish around Torness nuclear power station after oil spill

East Lothian Council has already advised people not to bathe at two nearby beaches or let their pets go in the sea

Edinburgh Live

Midnight Oil to sign off on touring career

Midnight Oil will play one of the last shows of their final tour in Canberra in October, making up for a cancelled show in April.

The Canberra Times

The 4 Top-Performing S&P 500 Stocks as of July 2022

Worries over the Fed’s hawkish stance to curb the rising inflation and growing recession risks have weighed heavily on market sentiment, causing the benchmark S&P 500 to tumble significantly. However, fundamentally sound S&P 500 stocks Occidental Petroleum (OXY), Hess (HES), Valero Energy (VLO), and Exxon Mobil (XOM) managed to gain…

StockNews.com

Biden seeks new chapter in troubled Middle East

President Joe Biden will visit the Middle East this week at a time when the region is experiencing dramatic changes and struggling to address deep problems

The Independent UK

In pursuit of oil and Mideast security, Biden to meet with Saudis he once regarded as pariahs

WASHINGTON — Nothing about President Joe Biden’s visit this week to the Middle East is going to be easy.

Los Angeles Times

Twitter And 3 Other Stocks Insiders Are Selling

US crude oil futures traded sharply lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Serica Energy rejects Kistos' £1.04 billion bid

Latest counter offer batted away, but UK oil and gas firm is still 'considering its position'

Insider UK

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Bangkok Post

PTT injects B3bn into Oil Fuel Fund

National oil and gas conglomerate PTT Plc has resolved to allocate 3 billion baht to support the state Oil Fuel Fund, which is shouldering a heavy financial burden to put a cap on diesel and liquefied petroleum gas (LPG) prices.

Asharq Al-Awsat

Egypt Takes Measures to Improve Energy Efficiency, Saves $42M Annually

Egypt has managed to save EGP813 million ($42.4 million) annually by adopting measures to improve the energy efficiency in 31 petroleum companies. In a statement on Monday, the Petroleum Ministry said the country’s petroleum and mineral resources sector is implementing an integrated work program to improve energy efficiency in all…

The Independent UK

Pretend you’re in Spain during the heatwave with these three recipes

Omar Allibhoy’s foolproof Spanish recipes are just the ticket for warmer weather

Reuters

Factbox: Biden set to tackle oil, Israel, Yemen, Iran on Saudi trip

President Joe Biden will visit the United State's most important Arab ally Saudi Arabia on July 15-16 after two years of strained ties over the killing of Washington Post journalist Jamal Khashoggi and the war in Yemen.

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Reuters

Timeline: U.S.-Saudi ties through good times and bad

U.S. President Joe Biden visits Saudi Arabia at a rocky time in relations, which have been tested by the killing of Washington Post journalist Jamal Khashoggi and the Yemen war.

The National (Scotland)

Scots warned to stay out of water after leak from nuclear power plant substation

FAMILIES have been warned to stay out of the water at two Scottish beaches after an oil leak from a nuclear power plant substation ...

Insider UK

Energy prices 'will rise if oil fields like Cambo are halted'

Committee writes to UK Energy Minister about actions to help tackle the climate crisis

Chronicle Live

Mrs Hinch fans share £1 spider repellent hack to keep your home free of creepy crawlies

Many people living with arachnophobia will be looking for ways of ridding their home from spiders, while avoiding killing the eight-legged creatures in the process.

The Independent UK

High UAE gas prices stand out where cheap fuel was the norm

Fuel prices in the oil-rich United Arab Emirates have soared since Russia’s invasion of Ukraine

Liverpool Echo

Amazon selling cut-price hair straighteners that are 'better than GHDs' in Prime Day sale

The Remington straighteners are reduced in the Prime Day sale

Reuters

Ukraine and Russia: What you need to know right now

Russian missiles struck a Ukrainian city far behind the frontlines in an attack Kyiv officials said was a war crime that killed at least 23 people while there were more signs of progress in efforts to unblock Ukrainian grain exports.

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