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The Latest Breaking News from Oil

Crude Prices Sink on Concerns About a Global Oil Glut

June WTI crude oil (CLM25 ) today is down -1.78 (-3.05%), and June RBOB gasoline (RBM25 ) is down -0.0327 (-1.62%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 3-1/2 week low and gasoline dropping to a 3-week low. Concern about a global crude...

Barchart

The new biohackers: How women are taking longevity into their own hands

IN FOCUS: Faced with a medical establishment that doesn’t serve them, a volatile political environment, and a technological revolution, some women are taking longevity into their own hands, Holly Baxter reports

The Independent UK

European Commodities: German Stocks Approach Double-Top Resistance

The V-shaped recovery in Germany's benchmark index could be at risk as stiff resistance looms.

Barchart

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Teachers and librarians are among those least likely to die by suicide − public health researchers offer insights on what this means for other professions

Where you work affects your risk of dying by suicide. For example, loggers, musicians and workers in the oil and gas industries have much higher rates of suicide than the rest of the population.

The Conversation

Rukmini Iyer’s quick and easy recipe for crispy chicken with zhoug and jersey royals

Fried, breadcrumbed chicken with new potatoes, all brought to life by a garlicky Yemeni sauce of chilli, preserved lemons, herbs and spices

The Guardian - UK

As the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world

Kimmeridge activist investment firm eyes Canadian producers and new LNG projects.

Fortune

Oil Prices Slide After OPEC+ Output Hike

Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and growing fears that US President Donald Trump's trade war could weaken demand.

International Business Times

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Budget Bites: Spring dinners that feel fancy (but take less than half an hour)

These three veg-packed plates look impressive, taste even better and won’t leave you sweating over the stove – or the shopping bill. Tofu tacos, spicy pasta and a crisp-filled tortilla walk into your weeknight…

The Independent UK

A massive coastal restoration project is in peril amid claims Louisiana concealed a critical report

An ambitious project to restore a rapidly vanishing stretch of Louisiana coast devastated by the 2010 Gulf oil spill has been thrown deeper into disarray amid claims by Gov. Jeff Landry that his predecessor concealed an unfavorable study that could imperil the $3 billion effort

The Independent UK

Oil prices plunge to multi-year low as OPEC+ plans to accelerate production hikes

Crude oil prices fell to a multi-year low on Monday as OPEC+ confirmed plans to continue unwinding production cuts, accelerating output increases in June. The move is expected to exacerbate a market surplus amid weakening demand driven by escalating US-China trade tensions.

Euronews

'Bombshell' OPEC+ Output Hike Hits Oil Price

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed.

International Business Times

Oil prices drop $2 with most Asian markets closed for holidays

Oil prices have fallen more than $2 a barrel after the OPEC+ group of oil producing nations said it plans to increase output

The Independent UK

Aussie shares see red as energy, banks snap winning run

A continued fall in the oil price and an underwhelming result from Westpac have weighed on the Australian bourse, ending a seven-day green streak.

AAP

‘Freak offs’, baby oil and the Cassie tape: The shocking allegations behind Diddy’s trial

Music mogul, facing charges of sex trafficking, racketeering and transportation for prostitution, has pleaded not guilty

The Independent UK

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Fortune

Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices

Futures for the Dow Jones industrial average dropped 193 points, or 0.47%. Futures for the S&P 500 fell 0.52%, and Nasdaq futures eased 0.53%.

Motorsport

Dramatic fire ends Denny Hamlin's Texas NASCAR Cup race

Denny Hamlin became the first driver to fall out of the race Sunday at Texas Motor Speedway with his day ending in a dramatic oil fire.

The Guardian - UK

Shell reportedly weighing up merits of making move to buy BP

Such a takeover would be one of biggest deals ever in oil and gas industry

The Guardian - AU

Cost of emissions from five major Australian resource companies more than $900bn, study finds

US researchers link BHP, Rio Tinto, Santos, Whitehaven Coal and Woodside Energy to specific climate harms over three decades

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The Guardian - UK

How to make the perfect vegan caesar salad – recipe

A respectful homage to the classic caesar, using plant-based ingredients to hit the same flavour notes

MarketBeat

Why Energy Stocks Like Exxon and Hess Are Back in Focus

After power outages left Portugal and Spain in the dark, the world might have woken up to the fact that fossil fuels are still necessary.

The National (Scotland)

Anas Sarwar blames SNP and Tories for Grangemouth job losses

ANAS Sarwar has claimed the SNP and Tories are to blame for job losses at Grangemouth oil refinery after he was challenged on previous promises he…

The National (Scotland)

Grangemouth closure risks fuel shortages and rationing, MP claims

MINISTERS have been warned that the closure of Scotland’s last oil refinery risks fuel shortages and even rationing.

Al Jazeera

Houthis maintain pressure on Israel as US launches more strikes on Yemen

Prime minister of Yemen’s internationally recognised government has resigned amid political turmoil.

The Guardian - US

Puerto Rico drops climate lawsuit after DoJ sues states to block threats to big oil

Territory’s voluntary move comes as Trump administration makes good on pledge to end lawsuits against oil and gas

Barchart

Crude Prices Settle Lower as OPEC+ Discusses a Crude Production Hike

June WTI crude oil (CLM25 ) Friday closed down -0.95 (-1.60%), and June RBOB gasoline (RBM25 ) closed down -0.0293 (-1.43%). Crude oil and gasoline prices fell moderately on Friday after OPEC+ brought forward its meeting to discuss an increase in crude production, bolstering concerns about a global supply glut....

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