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The Latest Breaking News from Oil

Ukrainian rockets hit Russian-held area as Kyiv readies southern counter-attack

Ukraine said on Tuesday it had carried out a long-range rocket strike against Russian forces and military equipment in southern Ukraine, territory it says it is planning to retake in a counter-offensive using hundreds of thousands of troops.

Reuters

Spider repellant hack for homes this summer costs just £1, according to cleaning fans

Those who are scared of spiders and looking for ways to rid their home of them have been given an expert time about a repellant.

Daily Record

Hoteliers uneasy over upcoming holidays

Hotel operators have mixed feelings over travel for the two upcoming long holidays in July as the spike in Covid infections and oil prices continue to impact tourism.

Bangkok Post

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Ukraine latest updates: UN says civilian death toll tops 5,000

Ukraine news from July 12: UN human rights office says 5,024 people killed in Ukraine since Russia’s invasion began.

Al Jazeera

Call for more state promotion of ethanol

The Tapioca Ethanol Association is urging energy policymakers to promote more use of cassava-based ethanol in order to help motorists cope with high fuel bills, which have been driven up by the global oil price surge.

Bangkok Post

Biden will push for greater oil output on Mideast trip -Sullivan

U.S. President Joe Biden will make the case for greater oil production from OPEC nations to bring down gasoline prices when he meets Gulf leaders in Saudi Arabia this week, White House national security adviser Jake Sullivan said on Monday.

Reuters

Top ETFs To Gain Access To Alternative Investments

If you’ve taken a look at the Dow Jones, Nasdaq or S&P 500 lately, you probably didn’t see a pretty picture. They are all taking a beating and with economists fretting about a potential recession, it’s beginning to look like this bear market will continue for quite some time.

Benzinga

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Hoteliers uneasy over coming long weekends

Hotel operators have voiced mixed feelings over travel sentiment for the two long holidays in July as the spike in Covid-19 infections and oil prices continue to impact tourism.

Bangkok Post

‘We’re in trouble’: Electric rates in Texas have surged over 70% as summer kicks in

There’s no escaping rising oil prices. They’ve driven up the cost of gasoline, and the higher expense registers every time people fill up the tank.

Tribune News Service

East Lothian bathers warned to stay out of water after oil spill at Torness

The leak happened at an electricity substation on the nuclear power station site after a fault sparked a fire system into action sending oil and cooling water into the drainage system

Edinburgh Live

If Biden Were Serious About Energy Policy, Here's What He'd Propose

Blaming oil companies and Vladimir Putin for our current energy woes is dishonest and unhelpful.

Reason

Warren Buffett Upped His Stake in This Energy Stock Again. Should We Do It, Too?

The oil and gas company Occidental Petroleum (OXY) has achieved strong top and bottom-line growth in its most recent quarter. Also, the stock has gained nearly 109% in price year-to-date, driven by the industry tailwinds. Moreover, renowned investor Warren Buffett has bought more OXY shares, raising its stake to 18.7%…

StockNews.com

Six things to watch during Biden's trip to the Middle East

President Joe Biden is heading to the Middle East for the first time since taking office last year

The Independent UK

Cleaning fan shares £1 oil hack to 'repel' spiders from inside your home

Many people are fearful of spiders and will be looking for ways to rid their home of them, without it being actually harmful to the eight-legged creatures themselves

Daily Mirror

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StockNews.com

3 Bloated Oil & Gas Stocks to Avoid as Energy Prices Fall

Energy prices declined significantly last week due to concerns that an economic slowdown could weaken demand. Given the price volatility, we think it could be wise to avoid fundamentally weak oil & gas stocks Houston American Energy (HUSA), NextDecade (NEXT), and Tellurian (TELL), which look bloated. Read on….

The Guardian - US

Biden is trying to rebuild America’s middle class. Our lopsided economy needs it

The Republican promise is to cut taxes and regulation. But the numbers show just how badly that argument has failed

The Guardian - UK

Boris Johnson rules out windfall tax on electricity firms

Ex-chancellor Rishi Sunak had mooted tax similar to energy profits levy on North Sea oil and gas

The Times of India

Petrol price hike, raising power tariffs: What Pakistan needs to do to obtain IMF loan

NEW DELHI: The economic crisis in Pakistan has posed severe challenges for the government as it grapples with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency.

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StockNews.com

3 High-Yield Stocks to Buy and Hold for the Rest of 2022

The growing concerns over a potential recession due to tighter monetary policy to tame the high inflation have kept the stock market under immense pressure lately. Given this volatile backdrop, we think it could be wise to buy and hold high-yield dividend stocks Suncor Energy Inc. (SU), MetLife, Inc. (MET),…

Zenger

Ukrainian Paratroopers Blow Up Russian Tank, Thwarting Infantry Push

The video was obtained from the 80th Air Assault Brigade of the Ukrainian Air Assault Forces.

The Independent UK

Five foolproof recipes to try even if you think you’re a pro in the kitchen

Here’s five beginner recipes for you or the people in your life who could use them most, says Emily Weinstein

Zenger

Russian Fighting Vehicle Now Flies Ukraine Flag After Being Captured By Brave Reserve Troops

The footage was obtained from the Regional Directorate of the Territorial Defense Forces "East" of the Armed Forces of Ukraine.

Zenger

Ukrainian Artillerymen Joke They Are Helping Russian Troops Provide Further Gestures Of Goodwill

The video was obtained from the 40th Artillery Brigade of the Ukrainian Armed Forces.

Zenger

Ukrainian Artillerymen Show Destruction Of Russian Military Vehicles In Dnipropetrovsk Region

The footage was obtained from the 45th Separate Artillery Brigade of the Armed Forces of Ukraine along with a statement.

Daily Mirror

Holiday warning for Brits as travel insiders say flight prices are set to soar

Willie Walsh, director general of the International Air Transport Association, has said the rising cost of oil and increased competition for plane seats will cause ticket prices to rise

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