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The Latest Breaking News from Oil

Baht set for relief as current-account swings to surplus

A better-than-expected rebound in foreign tourist arrivals, lower oil prices and sliding shipping costs are brightening the outlook for Thailand’s current account, potentially offering a reprieve for the country's currency trading near a 16-year low.

Bangkok Post

Choose Ayurvedic goodness this festive season

The festivals come in October-November, and the indulgence in food and looking at your best increases drastically. Insufficient sleep, oily food, and makeup for hours result in skin problems like pimples and dryness.

The Times of India

Oil suppliers got best of Florida’s gas-tax ‘holiday,’ experts say

TALLAHASSEE, Florida — Florida’s one-month gas tax holiday ended Monday without consumers ever seeing the full 25-cents-per-gallon break Gov. Ron DeSantis promised at the beginning of October.

Orlando Sentinel

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Ecuador's attorney general detains seven in Petroecuador corruption probe

Ecuador's attorney general has detained seven people, including former officials, as part of an investigation into suspected corruption in state oil company Petroecuador, it said on Tuesday.

Reuters

Just Stop Oil announce temporary protest pause but vow escalation if demands not met

The group threatened to increase their protests if their demands are not met by Friday

Evening Standard

Calls for windfall tax hike after BP reveals 'eyewatering' profits of £900 per second

The oil and gas goliath BP announced a forecast-shattering £7.1billion haul for the three months to September, more than double what it raked in the same time last year

Daily Mirror

Woman makes 'perfect roast potatoes' without oven or air fryer

Ria McCullough shared her unconventional cooking method on Facebook and it's now gone viral

Liverpool Echo

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3 Energy Stocks That Are Ready to Pop in Q4

The decision of oil supply cuts by OPEC+ could cause a supply squeeze in an already tight market and raise oil prices. Hence, investors might consider loading up on energy stocks that have gained significant momentum, TotalEnergies (TTE), Valero Energy (VLO), and Energy Transfer (ET) now. Read on….

StockNews.com

Brazil road blockades disrupting fuel distribution nationwide -energy lobby

Protests blocking Brazilian roads in several states are disrupting fuel distribution nationwide, the Brazilian Institute of Oil and Gas (IBP) told Reuters in an interview on Tuesday.

Reuters

Just Stop Oil to pause protests – but threatens escalation after Friday

Activists have given ministers until the end of the day on Friday to respond to their calls for all new oil and gas licences to be halted.

The Independent UK

Porsche 911 GT3 Gets 550-HP Subaru WRX STI Engine At SEMA

A Japanese oil company is also displaying a tuned Nissan Frontier, Datsun 521, Tesla Model 3, and Acura Integra Type R.

Motor1

$Antrim and Newtownabbey 'betrayed' by MP Paul Girvan's fracking vote says councillor$

Antrim and Newtownabbey 'betrayed' by MP Paul Girvan's fracking vote says councillor

The council has now voted against oil and gas exploration, extraction or fracking

Belfast Live

Dow Drops Over 200 Points; Crude Oil Rises Sharply

U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 200 points on Tuesday.

Benzinga

Just Stop Oil members try to scale Downing Street gates on 32nd day of action

The demonstrators also sat in Whitehall blocking traffic.

The Independent UK

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The Conversation

Serena Williams' investment shows that Nigeria's technology sector is attractive – but things can be better

Nigeria is the leading African destination for foreign direct investments in technology startup businesses. Between 2015 and 2022, Nigerian technology startups have secured funding totalling just over US$2 billion. This is the highest amount of funding recorded by any country in Africa.

Evening Standard

Just Stop Oil protesters target Downing Street calling for stiffer windfall taxes after BP’s bumper profit

‘It’s time for a serious windfall tax on big oil’ said the activist group

Evening Standard

Just Stop Oil block Downing Street gates

Just Stop Oil protesters attempted to scale the gates of Downing Street on Tuesday morning - calling for stiffer windfall taxes for energy firms after BP announced a £7bn quarterly profit. At 11:15am, 22 environmental activists “swarmed towards the gates” of Downing Street, home to Prime Minister Rishi Sunak, with…

Manchester Evening News

Woman makes 'amazing' and 'crispy' roast potatoes for 5p without using an oven or air fryer

"They are amazing. Never thought of doing roasties like this."

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Asharq Al-Awsat

Iran’s Currency Hits New Low Against the Dollar Amid Unrest

Iran’s currency dropped to its lowest value against the dollar on Tuesday, after weeks of nationwide unrest roiling the country. A stalemate in negotiations to revive Tehran's nuclear deal with world powers has also weighed heavily on the rial. Traders in Tehran exchanged the rial at 338,000 to the dollar,…

Daily Mirror

Downing Street security alert as protesters try to climb over metal gate

Just Stop Oil protestors were dragged down as they attempted to scale the Downing Street fence this morning, with others gluing themselves to the ground outside to block the entrance

The Guardian - UK

Sale of oil and gas permits casts shadow over world’s second-largest rainforest

Villagers in the Congo basin rely on the forest for food, medicine and spiritual wellbeing, but an auction of exploration rights could threaten that way of life

The Guardian - UK

West accused of double standards over oil and gas exploration in DRC

Calls by countries such as UK and US to halt auction for drilling permits in the world’s second-largest rainforest branded ‘galling’

Financial Times

Bumper profits raise pressure on oil majors

Saudi Aramco makes $42.5bn quarterly profits as BP steps up share buybacks

The Guardian - UK

BP declares £7bn profits while energy bills soar? It’s time to start taxing shareholder payouts

Closing tax loopholes would redirect more of BP and Shell’s bumper profits, says Joseph Evans of the IPPR

Edinburgh Live

Woman's game-changing roast potato cooking hack costs just 5p an hour with no oven

Savvy Ria McCullough's method produces such good results, she has pledged never to go back to cooking them in the oven again. And better still, it comes in at nearly £1 an hour cheaper.

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