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The Latest Breaking News from Oil

World's Biggest Sovereign Wealth Fund Cashes Out Of Rivian, Trims Tesla Stake, But Bulks Up On This Chinese EV Maker

Norges Bank, the central bank of Norway and the sponsor of the world's biggest sovereign wealth fund (the Norwegian Oil Fund), has substantially changed its allocation toward electric vehicle stocks in the first quarter.

Benzinga

UN Says $144 Million Needed to Avert Yemen Tanker Disaster

The United Nations was seeking $144 million on Wednesday needed to fund the salvage operation of a decaying tanker full of oil moored off the coast of Yemen, a ship whose demise could cause an environmental disaster. The amount includes $80 million to transfer the more than 1 million barrels…

Asharq Al-Awsat

3 Strong Under-the-Radar Energy Stocks to Add to Your List

Energy stocks have attracted significant investor attention over the past few months, thanks to soaring oil and gas prices due to strong demand and a global supply crush caused by the Russia-Ukraine war. Because this trend is expected to continue in the coming months, we think it could be wise…

StockNews.com

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US to Allow Foreign Investment in Northeast Syria without Sanctions

The United States will allow some foreign investment in areas of northeast Syria outside government control without coming under sanctions, it said on Wednesday, a move it says is aimed at helping a region previously controlled by ISIS. Speaking in Marrakech at a meeting of the global coalition against ISIS,…

Asharq Al-Awsat

What’s the Fallout from Ukraine’s Pipe Shutdown?

The shutdown of a gas pipeline in eastern Ukraine has sent a fresh wave of energy jitters through Europe. The price of gas jumped - then fell.

Asharq Al-Awsat

Explained: What led to record fall in rupee and how it may affect economy

NEW DELHI: The see-sawing rupee has given Indian investors a tough time in the past few days. On Monday, the rupee slumped by 54 paise to close at a record low of 77.44 against the US dollar.

The Times of India

Mid-Day Market Update: Crude Oil Surges 6%; Kornit Digital Shares Plummet

U.S. stocks traded mixed midway through trading, with the Dow Jones jumping more than 100 points on Wednesday.

Benzinga

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$US fracking boom could tip world to edge of climate disaster$

US fracking boom could tip world to edge of climate disaster

140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows

The Guardian - US

Are Medical Device Stocks Good Investments During a Recession?

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…

StockNews.com

Milk union cautions dealers, consumers about rising atmospheric temperature

It could lead to easy souring of milk

The Hindu

Project to support enterprises by tribespersons

Objective of RGCB initiative is to protect heritage through scientific interventions

The Hindu

Dear Coldplay, listen to Massive Attack and save yourselves from greenwashing

The partnership of Chris Martin’s band with biofuel producer Neste has raised eyebrows about the green credentials of their new tour says culture writer Eleanor Salter

The Guardian - UK

EXPLAINER: What's the fallout from Ukraine's pipe shutdown?

The shutdown of a gas pipeline through Russian-held territory in Ukraine is sending a new wave of energy jitters through Europe

The Independent UK

The simple car accessory that could land you an MOT failure and lead to a £2.5k fine

Make sure that you are safe and don't get caught out by this error

Nottingham Post

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Benzinga

Profrac Holding Corp To Start Trading Tomorrow

ProFrac Holding Corp (NASDAQ:PFHC) IPO will take place May, 12 on the NASDAQ exchange under the ticker PFHC. The company is offering shares at an expected price between $21.00 and $24.00 per share with an insider lock-up period of 180 days ending on November 08, 2022.

Benzinga

Mid-Morning Market Update: Markets Mixed; US Inflation Rate Slows To 8.3%

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining 2% on Wednesday.

StockNews.com

Outperform Rising Inflation with These 3 Dividend Stocks

Persistently high inflation and other economic uncertainties continue to spook investors. Amid this environment, we think investors should consider investing in companies that offer products and services that face inelastic demand and whose stock provides stable returns in the form of dividends. Therefore, it could be wise to bet on…

The Independent UK

UN says $144 million needed to avert Yemen tanker disaster

The United Nations is seeking $144 million needed to fund the salvage operation of a decaying tanker full of oil moored off the coast of Yemen

Get all your
news in one place.

100's of premium titles.
One news app.

The National (Scotland)

Tory MP tells Priti Patel to back chain gang punishment for climate protesters

PRITI Patel has not ruled out putting environmental protesters to work in chain gangs as punishment for disruptive tactics.

The Times of India

Explained: How Sri Lanka fell into its worst economic crisis & what's next

NEW DELHI: Sri Lanka's unprecedented economic crisis has only deepened further in the past few months, stemming from mismanaged government finances and ill-timed tax cuts in addition to the impact of Covid pandemic.

Belfast Live

Woman 'forced to sell wedding rings to afford oil' as group demands action from Stormont

"People can't hold on any longer for political squabbling to end."

The Conversation

Ukrainian propaganda: how Zelensky is winning the information war against Russia

As well as success on the battlefield, wars are often won or lost through information advantage. In the Russia-Ukraine conflict, we might have expected Russia -– an old hand at propaganda -– to have bested Ukraine early on.

Irish Mirror

Checklist of items banned from hand luggage on Ryanair, Aer Lingus and more

There is a huge checklist of items prohibited from carry-on baggage on Ryanair, Aer Lingus and Jet2 flights including lighters, Christmas crackers, energy-saving lightbulbs, ice picks and razor blades.

Benzinga

3 Stocks Under $2 Insiders Are Buying

US crude oil futures traded higher on Wednesday. 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…

The Guardian - UK

Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns

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