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The Latest Breaking News from Oil

Who rules the waves? In my part of Scotland that’s far from clear

The sale of a Clyde estate might once have been seen as making a positive case for globalisation. But it’s no longer so simple, says journalist Ian Jack

The Guardian - UK

Ukraine to end fuel shortages soon, Zelenskiy says

Ukraine will soon stamp out fuel shortages, even though Russian forces have damaged a number of oil depots, President Volodymyr Zelenskiy said on Friday.

Reuters

Tesco, Aldi, Asda Morrisons and more: We compare sunflower oil prices amid shortages

Here are the most expensive and cheapest prices in supermarkets across Bristol

Bristol Post

From analysis to the latest developments in health,
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Keir Starmer urges voters to punish Nicola Sturgeon and Boris Johnson over "absolute failure" on cost of living crisis

In an interview with the Record, he also said Boris Johnson's administration was worse than the notorious Major Government in the 1990s

Daily Record

Russia makes last-minute bond payment to avoid default

Russia has staved off a default on its debt by making a last-minute payment using its precious dollar reserves sitting outside the country

The Independent UK

Over 700kg of ganja seized in Ernakulam since January 2021: Police

KOCHI: The district police had seized over 700kg of ganja since January 2021. Statistics from the police show that 730kg of ganja, 3.5kg of hashish oil and 2.6kg of MDMA were seized during the period.

The Times of India

Just Stop Oil protestors who targeted service stations charged by police

The four were released on bail following their protests on Thursday

Evening Standard

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Russia-Ukraine war: What happened today (April 29)

A roundup of key developments and the latest in-depth coverage of Russia's invasion of Ukraine.

WEKU

Offo to postpone end of biofuel subsidy

The Oil Fuel Fund Office (Offo) expects to delay a plan to end the biofuel subsidy for two years to give sugar cane, cassava and palm famers more time to manage their output.

Bangkok Post

BoT: Economy still on the road to recovery

While higher inflation agitated Thais and slowed the country's economy in March, the outlook remains a path towards recovery, according to the Bank of Thailand.

Bangkok Post

Fuel prices a time bomb

From Sunday, motorists who have enjoyed the benefits of the diesel subsidy for over a year will have to dig deeper into their pockets because the cash-strapped government can no longer fully provide the subsidy and needs to raise the price from 30 to 32 baht per litre.

Bangkok Post

Why Baytex Energy Shares Are Trading Lower Today

BMO Capital analyst Ray Kwan raised the price target for Baytex Energy Corp (TSX:BTE) (OTC:BTEGF) to C$8.50 from C$8 while maintaining the Market Perform rating on the shares. The analyst mentions that while the quarter was in line, the Clearwater at Peavine continues to deliver exceptional results, with recent wells having initial rates as high…

Benzinga

Core sectors’ growth slows to 4.3% in March

Coal production shrinks; industrial output growth in the month expected to be 2.5%-3.5%

The Hindu

2 Stocks to Buy as Gasoline Prices Keep Rising into the Summer

Despite declining oil prices and increased productivity, gas stations have managed to keep gas prices high--as is traditional. Furthermore, because seasonal gasoline demand is estimated to soar, we think it could be wise to bet on quality oil & gas industry stocks Marathon Petroleum (MPC) and Valero Energy (VLO). Let’s…

StockNews.com

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Salon

Oil profits skyrocket amid Ukraine war

Chevron's profits have quadrupled since Russia invaded Ukraine

Daily Mirror

DIY-savvy mum builds 'privacy wall' in garden to give herself space from neighbours

A DIY-savvy mum who shares her garden with her neighbours has built her own 'privacy wall' around her patio to give herself some space - and people online love it

The Guardian - UK

Oil and gas industry defends North Sea spending levels as Kwarteng urges more

Business secretary calls for increased investment by energy producers to avoid being hit with tax on soaring profits

Daily Mirror

How Boris Becker squandered £127M fortune – expensive divorce battles to dubious deals

Boris Becker has been jailed today after being found guilty of bankruptcy offences. During his trial it was revealed the former tennis star lost his money on expensive divorces, his lavish lifestyle and dodgy investments

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news in one place.

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The National (Scotland)

Scotland's missed oil opportunity revealed amid cost-of-living crisis

SCOTLAND'S missed oil opportunities are under the spotlight as campaigners call for Rishi Sunak to nationalise UK energy.

The Guardian - UK

Just Stop Oil’s ‘spring uprising’ protests funded by US philanthropists

LA-based based Climate Emergency Fund donated hundreds of thousands of dollars to activists

The Times of India

Core sector growth slows down to 4.3% in March; end FY22 with 10.4% expansion

NEW DELHI: The production growth of eight infrastructure sectors slowed down to 4.3 per cent in March due to a decline in the output of coal and crude oil, though for the full 2021-22 fiscal, the core sector recorded a 10.4 per cent expansion, according to official data released on…

Benzinga

Imperial Oil: Q1 Earnings Insights

Imperial Oil (AMEX:IMO) reported its Q1 earnings results on Friday, April 29, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

Chevron's Q1 Profits Leap On Gas, Crude Oil Price Surge

Chevron Corporation (NYSE: CVX) posted better-than-expected first-quarter earnings as profits rose nearly fourfold from last year amid a record surge in U.S. gas prices and a spike in global crude linked to Russia's invasion of Ukraine.

Al Jazeera

Infographic: How expensive are everyday items in Nigeria?

Since 2016, the Nigerian economy, Africa’s largest, has suffered two recessions; prices of necessities have soared.

Evening Standard

Germany caves to EU pressure over Russian oil ban

Germany has said it “won’t stand in the way” of an EU ban on Russian oil imports despite resisting the move for weeks over economic fears.

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