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The Latest Breaking News from Oil

EU bought 61% of Russia's fossil fuels in first 100 days of Ukraine war

NEW DELHI: Russia's invasion of Ukraine since late February has pushed up energy prices to record highs and tightened global supplies.

The Times of India

Riyadh Lists 11 Entities, 8 Individuals as Terrorist for Houthi Ties

The Saudi Presidency of State Security designated on Tuesday eleven entities and eight individuals as terrorist for their ties to the Iran-backed Houthi militias in Yemen. Saudi Arabia is determined and will continue to work to stop the influence of the Houthi militias, stressed the agency in a statement. The…

Asharq Al-Awsat

Oil vs human rights: Biden’s controversial mission to Saudi Arabia

The president’s trip to Riyadh next month is a remarkable U-turn that was sparked by Russia’s invasion of Ukraine

Financial Times

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Stagflation: what is it and is it really happening in Australia?

Australians are feeling the pinch from rising inflation, but experts are divided on whether the 1970s economic phenomenon is back

The Guardian - AU

Indonesia president reshuffles cabinet, names new trade minister

Indonesian President Joko Widodo announced a cabinet reshuffle on Wednesday, appointing a new trade minister following controversy over a series of policy flip-flops on palm oil exports.

Reuters

Without Cheap Russian Energy, Some European Factories Are Shutting Down

For decades, European industry relied on Russia to supply low-cost oil and natural gas that kept the continent's factories humming.

Bangkok Post

Food quality to suffer with paltry midday meal budget in Maharashtra

PUNE: Self-help groups and centralized kitchens cooking midday meals for thousands of children in the state will have to cut corners to provide quality food.

The Times of India

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Prairie songbirds are affected by unpredictable noise produced by oil drilling

Grassland songbirds have been steadily decreasing for decades in Canada. In addition to having to endure strenuous migration every year, they are confronted with the symphonies of oil extraction and drilling once they finally reach their prairie breeding grounds.

The Conversation

Thinktank that briefed against XR given $30k by ExxonMobil in 2017

Report shows Policy Exchange, which called for criminalisation of climate group, previously received money from oil firm

The Guardian - UK

New energy subsidy being devised

The Energy Ministry will aim to cap the retail price of diesel at no more than 35 baht per litre until the end of this month as it waits for new energy price subsidy measures to be approved, permanent secretary for energy Kulit Sombatsiri said on Tuesday.

Bangkok Post

The ultimate sweet and sour sauce

Plus, a recipe for stir-fried sweet and sour pork from Northeastern China

Salon

3 Stocks Benefiting From Higher Inflation

A higher-than-expected May inflation report has concerned investors since this could force the Federal Reserve to hike interest rates aggressively. Since the possibility of the economy slipping into a recession is expected to keep the stock market under pressure, investors could consider stocks that tend to perform well amid an…

StockNews.com

What's Going On With Houston American Energy Corporation Shares Rising Today?

Shares of small-cap oil and gas company Houston American Energy Corporation (NASDAQ: HUSA) are trading higher by 5.87% at $6.77 Tuesday. Energy companies at large are trading higher amid strength in oil prices.

Benzinga

Why petrol and diesel are so expensive right now prices soar again

New figures from the RAC show the price of petrol has jumped to 192.6p as diesel spiked to 186.5p. Driving is becoming more and more expensive, we looked at reasons why the cost of fuel continues to rise.

Glasgow Live

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Benzinga

What's Going On With Indonesia Energy Corporation Shares Rising Today?

Indonesia Energy Corp Ltd (NASDAQ: INDO) shares are trading higher by 12.42% to $8.69 on above-average volume. Shares of energy companies at large are trading higher amid strength in oil prices.

The Independent UK

Newly declassified files reveal UK interest in Falklands oil

Ministers wanted to cash in on oil around islands before and after war

Benzinga

CBD & Placebo: Expectations Influence Stress And Anxiety-Reducing Effects Of Cannabidiol

Over the past several years, CBD's popularity exploded thanks in part to scientific research that has highlighted its medical benefits in addition to aggressive marketing.

Benzinga

BZ Chart Of The Day: Is Oil Going Even Higher?

Oil is testing resistance. If it breaks through, it could form a new uptrend. Resistance is a large group of investors trying to sell at, or close to, the same price. At these levels, there is more supply than demand. This is why rallies end when they reach them. As…

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news in one place.

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Benzinga

$100 Invested In Imperial Oil 20 Years Ago Would Be Worth This Much Today

Imperial Oil (AMEX:IMO) has outperformed the market over the past 20 years by 2.05% on an annualized basis producing an average annual return of 8.9%. Currently, Imperial Oil has a market capitalization of $36.13 billion.

StockNews.com

3 Oil & Gas Stocks That Remain Undervalued

Oil and gas prices have been rising amid the tight supply situation, benefiting the producers. Moreover, the energy sector is known to have historically performed well amid an inflationary environment. Hence, we think oil and stocks YPF Sociedad Anónima (YPF), Gran Tierra (GTE), and Adams Resources & Energy (AE), which…

StockNews.com

3 Buffett Stocks to Buy on the Dip

Warren Buffett’s strategic investment decisions have been a guide for retail inventors for decades. And we think investors should consider buying the dip in these fundamentally solid stocks from his portfolio, Apple (AAPL), Amazon.com (AMZN), and Occidental Petroleum (OXY) now.

Daily Mirror

Mum of girl, 8, who suffers 300 seizures a day says daughter 'robbed of her childhood'

Olivia McCafferty has suffered cuts and bruises as a result of her daily convulsions and is now undergoing cannabis oil treatment as her medication leaves her feeling "like a zombie"

The Times of India

K Beauty: How to get perfect Korean glass skin with natural ingredients

Koreans are known for their superb skin and are the creators of Glass Skin, a skincare concept in which the skin appears brilliant and reflects like glass due to its clarity and translucence. It is a popular K-beauty craze that has swept the globe. Glass skin is defined as having…

The Guardian - UK

Hungary to make $600m annual profit through Russian oil tax – research agency

Eurointelligence analysis says profit is ‘at expense of everyone else in EU’

Evening Standard

Best products for acne scars and hyperpigmentation

These products will help speed up the renewal and healing process

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