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The Latest Breaking News from Oil

Starmer says Sunak’s lack of investment in wind power is ‘gift to Putin’

Labour leader claims Conservatives’ onshore turbine ban costs families £180 each and makes UK reliant on gas imports

The Guardian - UK

Just Stop Oil’s demands are ‘contemptible’, says Starmer

The Labour leader confirmed that he would not revoke drilling licences issued by Rishi Sunak

The Independent UK

Saudi Arabia Boosts Oil Prices To Asia And Europe Amid Growing Market Demand And Supply Restrictions

As supply constraints and increasing demand tighten the global crude market, Saudi Arabia raises oil prices to Asia and Europe

Zenger

From analysis to the latest developments in health,
read the most diverse news in one place.

Russia-Ukraine war: Three dead in overnight shelling across Ukraine – as it happened

Kyiv says 70 drones, cruise and hypersonic missile were used in attacks by Russia

The Guardian - AU

Many Indane LPG distributors object to being forced to sell biscuits and flour in Chennai

Many distributors of the Indane liquefied petroleum gas (LPG) of the Indian Oil Corporation Ltd. are objecting to the oil marketing company (OMC) asking them to sell products of two private brands.

The Hindu

Tories must show they care about the environment, says Thérèse Coffey

Environment secretary says party is still committed to net zero, after Rishi Sunak’s promise to ‘max out’ gas and oil reserves

The Guardian - UK

World Cycling Championships road race in Scotland interrupted by protesters

The men’s road race at the World Cycling Championships in Scotland has been interrupted by protesters

The Guardian - UK

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Recipe: cheesy kimchi toastie with bloody mary mayo

This is my ultimate quick and easy brunch, lunch or hangover cure, said Conor Spacey. I haven’t reinvented the wheel here – this recipe is based on the classic Welsh rarebit. As for the mayo, it has no vodka in it, but it does have the same spicy kick as…

The Week

Fire Weather by John Vaillant review – apocalypse in Alberta

This telling of the 2016 inferno that engulfed the oil town of Fort McMurray, and the lives of the people who confronted it, is an urgent warning – and an all-consuming read

The Guardian - UK

Ukrainians move to North Dakota for oil field jobs to help families facing war back home

North Dakota's oil industry is turning to Ukrainians to fill jobs amid a workforce shortage

The Independent UK

Expert casts fresh doubt on Rishi Sunak’s claims of reducing bills

AN EMINENT academic who has worked with the UK offshore industries for the past 40 years has rubbished claims by Rishi Sunak that increasing gas and…

The National (Scotland)

‘Despair is a luxury we can’t afford’: David Suzuki on fighting for action on the climate crisis

The celebrated science broadcaster and environmental activist says we have to stop elevating the economy and politics over the state of our world

The Guardian - AU

Russian oil tanker hit by Ukrainian sea drone off occupied Crimea

Ukraine designates Russian Black Sea ports as ‘war risk’ areas after strike on ship known to supply Russian forces

The Guardian - UK

Help with UK energy bills unlikely this winter, suggests Grant Shapps

Energy secretary says government wants to focus on cutting taxes once inflation falls

The Guardian - UK

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Woman & Home

How to clean glass shower doors: 5 easy steps to a sparkling shine

Want to know how to clean glass shower doors? Look no further than our handy guide of tried and tested methods

Zenger

Peppermint Oil Aromatherapy May Ease Pain After Heart Surgery: Study

And it can also improve patients' sleep quality, according to the findings.

The Independent UK

‘Cuddling’: Just what the doctor ordered for rescued walrus calf in Alaska

A walrus calf is being nursed back to health after being found on its own about four miles inland by oil field workers in Alaska

StockNews.com

3 Oil Stocks Topping Investors’ August Buy List

With crude oil supply set to suffer more constraints, quality energy stocks Repsol (REPYY), Sasol (SSL), and Ultrapar Participações (UGP), which are also participating in energy transition, have been justifiably popular on Wall Street. Read on….

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Reason

Alabama Woman Jailed for 2 Months for Using CBD Oil While Pregnant

Etowah County, Alabama, has charged hundreds of pregnant women and new mothers with "chemical endangerment" over minor drug offenses.

Barchart

Crude Prices Settle Higher on Tight Global Supplies

September WTI crude oil (CLU23 ) on Friday closed up +1.27 (+1.56%), and Sep RBOB gasoline (RBU23 ) closed up +1.84 (+0.67%). Crude oil and gasoline prices Friday closed moderately higher, with crude posting a 3-1/2 month high. A weaker dollar Friday was bullish for energy prices. Also, the outlook...

Salon

Feds shutter some California oil wells

The decision will preserve some of the state's last remaining grassland, where "superblooms" regularly occur

Barchart

How High Will Oil Prices Rise?

Nearby WTI and Brent crude oil futures settled at $70.64 and $74.90, respectively, at the end of Q2 2023. WTI futures were 6.65% lower in Q2 and fell nearly 12% over the first half of 2023. Brent fell 6.25% in the second quarter and was almost 12.75% lower over the…

StockNews.com

3 Energy Stocks at the Top of Investors’ August Watchlist

With soaring prices and robust demand, the energy sector is anticipated to remain resilient and stable. Hence, it could be wise to keep a watch on three fundamentally sound energy stocks Energy Transfer LP (ET), CVR Energy, Inc. (CVI), and North European Oil Royalty Trust (NRT). Keep reading….

Barchart

Crude Prices Underpinned on the Outlook for Tighter Global Oil Supplies

September WTI crude oil (CLU23 ) this morning is up +1.02 (+1.25%), and Sep RBOB gasoline (RBU23 ) is up +1.03 (+0.37%). Crude oil and gasoline prices this morning are moderately high, with crude climbing to a 3-1/2 month high. A weaker dollar today is bullish for energy prices. Also,...

WEKU

Hyundai and Kia recall nearly 92,000 cars and urge outdoor parking due to fire risk

Several Hyundai and Kia models are being recalled over faulty oil pumps that can overheat and cause fires — less than five months since the two automakers recalled vehicles due to another fire hazard.

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