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The Latest Breaking News from Oil

EU faces crunch point over Russia’s gas payment demands

As deadline loom, Brussels commissioner says handing over roubles would breach sanctions

The Guardian - UK

Germany Drops Opposition to Russian Oil Ban, Ministers Say

Two senior ministers in Chancellor Olaf Scholz's government on Monday said Germany would be ready to back an immediate European Union ban on Russian oil imports, and that Europe's biggest economy could weather shortages and price hikes. The comments by Finance Minister Christian Lindner and Economy Minister Robert Habeck are…

Asharq Al-Awsat

2 Best Stocks Under $2 to Buy This Month

Stocks trading in single digits are often overlooked. This is a mistake, as investors often miss out in getting involved in high-quality stocks with solid growth trajectories. We believe Gran Tierra (GTE) and GEE Group (JOB) are two of these stocks and deserve your attention now.

StockNews.com

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read the most diverse news in one place.

How Fed rate hikes could impact stocks, crypto and other investments

The Federal Reserve is set to raise interest rates at its May meeting after it hiked rates for the first time since 2018 in March. The nation’s central bank is expected to lift the benchmark Fed funds rate by 0.5 percent, according to the CME FedWatch Tool.

Tribune News Service

Adani Wilmar Q4 profit down 26% to Rs 234 crore; income up 40% to Rs 15,023 crore

NEW DELHI: Edible oil major Adani Wilmar on Monday reported a 26 per cent decline in consolidated net profit at Rs 234.29 crore for the quarter ended March on higher tax expenses.

The Times of India

Gulf of Mexico oil drilling makes too-little, too-late comeback

A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.

Tribune News Service

Will Exxon Mobil Keep Outperforming in 2022?

International oil and gas company Exxon Mobil Corporation’s (XOM) huge profit increases in the first quarter of 2022, driven by lofty crude oil prices and the strength of its growing production portfolio positions, should help it see strong growth in the near term. Given that the oil giant continues to…

StockNews.com

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Lush turns fan-favourite fragrance into a candle perfect for long candlelit baths

The bath and beauty retailer have also revealed an unlimited delivery pass

Manchester Evening News

Up More Than 50% YTD, is Cenovus Energy Still a Buy?

Canadian oil and gas producer Cenovus Energy (CVE) is up more than 50% this year on the back of surging energy prices. Wall Street analysts believe the company to grow faster than its industry peers. CVE seems to be an attractive bet. So, read on to learn more about the…

StockNews.com

Below the radar: How an Indian tycoon’s petrochemicals empire quietly dodged Iran sanctions

Indian tycoon Yogesh Mehta is not shy about his success. In dozens of interviews, YouTube videos, and Twitter posts, he recounts how his hard work and ingenuity made his Dubai-based business, Petrochem, the number one chemical distributor in the Middle East and Africa.

Newslaundry

Executives Buy Around $1.6M Of 4 Penny Stocks

US crude oil futures traded lower on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading…

Benzinga

Camber Energy vs. Tellurian: Which Energy Stock is a Better Buy?

In today's article I will analyze and compare Camber Energy (CEI) and Tellurian (TELL) to determine which oil & gas stock is a better buy.

StockNews.com

EU energy ministers 'close' to deal on ridding Europe of Russian gas

Energy ministers from the European Union gathered for crisis talks Monday to discuss the bloc's energy supply, days after Russia cut gas supplies to Bulgaria and Poland for their refusal to pay in roubles.

Radio France Internationale

Sensex slips for 2nd day as hawkish Fed looms; HDFC shines after Q4 show

MUMBAI: Equities remained under pressure for the second session running on Monday as investors stayed on the sidelines ahead of a crucial meeting of the US Federal Reserve this week where it is expected to go for an aggressive rate hike to tame runaway inflation.

The Times of India

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Asharq Al-Awsat

Syria Says Crude Oil Supplies to Arrive ‘Soon’ from Friendly Countries

Syria’s Oil Minister Bassam Tohme announced on Sunday a partial breakthrough in the country’s recent gasoline crisis, pointing to the arrival of new crude oil supplies “soon.” Ending the crisis depends on the arrival of oil shipments to Syria, Tohme explained. He said the Syrian government is working to resolve…

Reuters

Analysis-Iran nuclear deal near death, but West not ready to pull plug

Western officials have largely lost hope the Iran nuclear deal can be resurrected, sources familiar with the matter said, forcing them to weigh how to limit Iran's atomic program even as Russia's invasion of Ukraine has divided the big powers.

Evening Standard

Let’s Make-Up: the new beauty launches to have on your radar in May 2022

Our series where we fill you in on the buzziest beauty launches to know this month

Al Jazeera

Cinnamon summers: On being Libyan, and British

Writer Nadeine Asbali recreates beloved Libyan dishes inspired by childhood summers by the sea in Benghazi.

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news in one place.

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Daily Mirror

LookFantastic slash up to 40% off plus an extra 10% for a limited time only

If you’re running low on your favourite beauty essentials or just fancy treating yourself to something new, LookFantastic have an unmissable sale on right now - but you’ll need to be quick as it ends at midnight tonight!

The Independent UK

How to celebrate Eid al-Fitr on a budget

These two festive recipes deliver on flavour without breaking the bank

Reuters

Germany drops opposition to Russian oil ban, ministers say

Tribune News Service

Gretchen's table: Really awesome black bean burgers

If you're not a fan of veggie burgers, I can probably guess why.

Tribune News Service

Alexander Smalls' musical meals help home cooks explore the Gullah Geechee foods of his childhood

PITTSBURGH — Alexander Smalls was a professional opera singer before he reinvented himself as a chef and restaurateur. So it's no surprise he brings an artist's eye to the recipes he created for his 2020 cookbook, "Meals, Music, And Muses: Recipes From my African American Kitchen" (Flatiron, $35).

Tribune News Service

Diabetes Quick Fix: Moussaka

Moussaka, a layered eggplant casserole, is traditional fare at every Greek taverna. The dish has hundreds of variations. Usually, slices of eggplant and sometimes potatoes are sautéed and layered with a spiced ground meat.

The Independent UK

Five dishes from around the world to try this week

Emily Weinstein has been perfecting her milanese; plus four other recommendations for weeknight dinners

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