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The Latest Breaking News from Oil

Brittney Griner Pleads Guilty, Biden Lashes Out Over Her Detention, Russia Calls It 'Hype,' What's Next?

Brittney Griner pleaded guilty to drug charges as her trial continued in a Russian court on Thursday. She admitted to bringing cannabis oil into the country saying she had packed in a hurry and did not intend to break the law.

Benzinga

A blockchain tool that helps track sustainability, from palm oil to plastics

New technology means companies can monitor materials from the start of their production journey to the end of their lifespan

The Guardian - UK

Gardaí issue warning and advice to homeowners after spate of home heating oil thefts

"The position of the tank can have a significant effect on how a thief views how hard a target is."

Irish Mirror

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Ukraine war helps push 71 million into poverty due to soaring food and oil prices, UN says

The United Nations Development Programme warns the cost of living impact ‘almost without precedent in a generation’

The Independent UK

How to host a South African braai at home

If these recipes from Peckham favourite Kudu don’t inspire you to travel south of the river once in a while, Hannah Twiggs doesn’t know what will

The Independent UK

Three recipes straight from a Spanish home kitchen

Spanish food isn’t all tapas and paella, says Lauren Taylor. These recipes from José Pizarro’s new cookbook, featuring simple, seasonal dishes and memories from his family home, prove it

The Independent UK

The bitter fight to stop a 2,000-mile carbon pipeline

Three pipeline projects are in early stages of planning in Iowa. An alliance of farmers, Indigenous groups and environmentalists wants to stop them

The Guardian - US

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AD Ports Group, SEG Sign Deals to Develop Logistics, Freight, Food Trading Infrastructure in Uzbekistan

Abu Dhabi Ports Group launched a joint venture with SEG, one of Uzbekistan's largest oil and gas companies, to open new logistics and freight businesses. They also signed a Memorandum of Understanding (MoU) to develop a food trading hub in Uzbekistan. During a ceremony in Tashkent, the two companies signed…

Asharq Al-Awsat

Biden struggles to define agenda ahead of visit to Saudi Arabia

US president says Arab normalisation with Israel and other regional issues are driving his upcoming trip to the kingdom.

Al Jazeera

Australia drops charge against lawyer over spying claim

Australia’s new government has dropped the 4-year-old prosecution of a lawyer over his alleged attempt to help East Timor prove Australia spied on it during multibillion-dollar oil and gas negotiations

The Independent UK

Conservatives blame the energy crisis on net zero climate goals – but what is really going on?

A range of factors is behind the rise in electricity prices, but net zero isn’t one of them

The Guardian - AU

Asian stocks higher after Fed says rate hikes may be needed

Asian stock markets are higher after the Federal Reserve said more U.S. interest rate hikes might be needed to cool inflation

The Independent UK

Asian stocks higher after US Fed signals more rate hikes

Markets in Shanghai, Tokyo and Sydney rise after Fed meeting flags possibility of “even more restrictive stance”.

Al Jazeera

Australian fossil fuel megaprojects at risk from record high global gas prices

Experts warn of ‘permanent demand destruction’ for gas but say conditions are ideal for a structural shift to renewable energy

The Guardian - AU

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Bangkok Post

Producers keep eye on sales amid rising costs

Higher energy prices have driven up production costs by 20%, but manufacturers managed to increase goods prices by less than 10% as they struggle to maintain sales volume, according to the latest poll conducted by the Federation of Thai Industries (FTI).

The Hindu

Oil carrier develops leak in fuel tank inside Chennai Port

The empty carrier had arrived from Sri Lanka

Benzinga

Why Shell Shares Are Falling Today

Shell PLC (NYSE: SHEL) shares are trading lower by 2.72% to $47.25 Wednesday morning. Shares of energy companies are trading lower again Wednesday amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Exxon Mobil Shares Are Diving Again Today

Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.72% to $82.51 Wednesday morning. Shares of energy companies are trading lower again Wednesday amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

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news in one place.

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Creative Bloq

Oil painting for beginners: 5 important things to know before you get started

From techniques to equipment, this is oil painting for beginners.

The Times of India

Govt asks companies to cut edible oils price by up to Rs 10 per litre, maintain uniform MRP of same brand oil

NEW DELHI: Amid a fall in global prices, the government on Wednesday directed edible oil manufacturers to further cut the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per litre within a week, and maintain a uniform MRP of the same brand of oil across…

Benzinga

OPEC Leader Mohammed Barkindo Dies Unexpectedly: How Will Oil Stocks Such as Exxon Mobil Respond?

OPEC has announced that its Secretary General Mohammad Barkindo had passed away at the age of 63. Barkindo held the position for six years and was due to step down from his post at the end of July. He was set to join the U.S. think tank Atlantic Council's Global Energy Center as…

Benzinga

Coinbase Says Two-Thirds of Crypto Price Decline Due To Macro Factors

The correlation between stock and crypto-asset prices has risen significantly since 2020 and the digital assets today share similar risk profiles to oil commodity prices and technology stocks, according to Cesare Fracassi, Chief Economist at Coinbase Global Inc (NASDAQ: COIN).

Reason

Americans' Trust in Government Institutions Hits a New Low

Plus: First-degree murder charges for the Illinois parade shooting suspect, breakthroughs in cloning technology, and more...

The Guardian - UK

BP accused of dumping industrial waste in marine-protected area off Shetland

UK regulator gave oil firm clearance to drop thousands of tonnes of pipes and cables after drilling finished

Benzinga

HP And 3 Other Stocks Insiders Are Selling

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

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