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The Latest Breaking News from Oil

Suriname President Vows Oil Bonanza Won't Hit Carbon-negative Status

Ahead of oil-rich Suriname's election, the country's president tells AFP that a looming energy windfall will not spell a shift away from climate-friendly policies.

International Business Times

Russia is facing fresh sanctions, but Putin is used to dealing with a struggling economy

The UK and the EU have agreed to hit Russia with a raft of new economic sanctions after hopes of a ceasefire with Ukraine came to nothing. One French minister commented that it is time to “suffocate” the Russian economy.

The Conversation

Still Wakes The Deep deserves its three Baftas for superlative survival horror game thrills

The survival horror game genre is very much like the survival horror-movie genre. It is a niche genre which appeals to people who crave good scares and want to get their adrenaline pumping. Some of the most popular games, such as Resident Evil – a game so influential it spawned…

The Conversation

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Crude Prices Recover Early Losses as the Dollar Sinks

July WTI crude oil (CLN25 ) today is up +0.24 (+0.39%) and July RBOB gasoline (RBN25 ) is down -0.0072 (-0.34%). Crude oil and gasoline prices today are mixed, with gasoline sliding to a 1-week low. Crude prices recovered from a 2-week low today and moved higher as the dollar...

Barchart

Reform UK promises to reverse ban on new North Sea oil drilling if elected

Party spokesperson says policy has ‘clear benefits for securing jobs and energy independence’

The Guardian - UK

UK should get rid of ‘unsightly windmills’ and drill for North Sea oil – Trump

The US president was writing about the effects of the trade deal with the UK on his social media platform.

Evening Standard

France's TotalEnergies To Face Court In June In 'Greenwashing' Case

TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges -- an unprecedented case in France against a major fossil fuel company, activists said Friday.

International Business Times

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Trump takes aim at Starmer over net zero strategy

IN FULL

The Independent UK

Miami Republicans Reportedly Demanded Trump End an Oil Deal With Venezuela To Support His 'Big, Beautiful Bill'

President Donald Trump reportedly ended an oil-for-deportees deal with Venezuela's authoritarian government in order to get some Miami Republicans to support his "big, beautiful bill"

Latin Times

Donald Trump calls for more drilling for oil in Scottish waters

DONALD Trump has urged the UK Government to drill for more oil and criticised net zero strategies.

The National (Scotland)

'Trump playbook': Reform woo oil and gas companies with tax and regulations slash

REFORM UK has reportedly told oil and gas companies they would introduce tax breaks and slash regulations in a move borrowed straight “from the…

The National (Scotland)

Trump tells Starmer to stop building ‘unsightly windmills’ and drill for more oil in North Sea

US president, who once bizarrely claimed wind turbines cause electricity to go out leaving ‘wives and husbands’ unable ‘to watch Donald Trump on television’, hits out at Labour prime minister’s net zero strategy on climate change

The Independent UK

Unreal estate: the 12 greatest homes in video game history

Murderous mansions with carnivorous toilets or a fantasy lighthouse on misty shores, every gamer has a favourite property – here are some of ours

The Guardian - UK

Oil under pressure as OPEC+ weighs further output hike ahead of US-Iran talks

Crude oil prices extended their losses following reports that OPEC+ is considering a further production increase in July, ahead of US-Iran nuclear talks later today. Oil markets remain caught between escalating geopolitical tensions and persistent concerns over a potential oversupply.

Euronews

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The Independent UK

Ofgem confirms energy bills are set to fall by £129 under latest price cap

It comes after US president Donald Trump's aggressive tariff plans led to a significant slump in gas and oil prices

International Business Times

US Tariff Tensions Test Southeast Asian Leaders At Regional Summit

Southeast Asian leaders will express deep concern over US President Donald Trump's tariff blitz when they meet at a summit Monday, warning that the unilateral move posed huge challenges to economic growth and stability in the region, according to a draft statement seen by AFP. Trump's tariffs has roiled global…

The Independent UK

Asian stocks rise and oil prices slip after Treasury yields ease

Asian stocks have advanced as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt

The Independent UK

I tested the best CBD oils to see which actually help with stress and sleep

Our favourite CBD oils are perfect for first-timers and seasoned pros alike

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Barchart

Crude Prices Weighed Down by Fears of a Global Supply Glut

July WTI crude oil (CLN25 ) Thursday closed down -0.37 (-0.60%) and July RBOB gasoline (RBN25 ) closed down -0.0127 (-0.60%). Crude oil and gasoline prices on Thursday fell to 1-week lows and settled lower. Thursday's stronger dollar was bearish for energy prices. Also, concerns about a global supply glut...

The Independent UK

Delta flight that had to be evacuated amid thick smoke after emergency landing had ‘no oil visible’ in one engine, report shows

The National Transport Safety Board found indications that the aircraft suffered an oil system failure in a preliminary report

The Mary Sue

‘These are not right’: Woman says Ritz Crackers are ‘different.’ Did they really change?

Whether with cheese, dip, or on its own, who doesn’t love a buttery Ritz cracker? The classic treats came out in 1934, but one customer says they’ve recently taken a turn for the worse.

Barchart

Crude Prices Decline as OPEC+ may Boost Production Again in July

July WTI crude oil (CLN25 ) today is down -0.71 (-1.15%) and July RBOB gasoline (RBN25 ) is down -0.0249 (-1.18%). Crude oil and gasoline prices today are moving lower and posted 1-week lows. Today's stronger dollar is bearish for energy prices. Also, concerns about a global supply glut of...

Latin Times

Marco Rubio Claims Chevron License Will Expire Next Week, Contradicting Reports Of Secret Oil-For-Deportees Pact

Secretary of State Marco Rubio claimed that Chevron's license to operate in Venezuela is set to expire next week, contradicting reports about a pact with the Maduro authoritarian government

Evening Standard

Broken helicopter blade ‘narrowly missed’ worker on oil rig, report finds

The incident occurred on the Elgin Oil Platform in the North Sea in February 2023 during Storm Otto.

Fortune

Tesla brand damage revealed: Consumers rank its ethics and character near the very bottom of new Axios Harris poll

Even scandal-hit UnitedHealth Group and the U.K. oil company behind the Deepwater Horizon catastrophe are viewed in a better light.

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