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The Latest Breaking News from Oil

2 Underperforming Warren Buffett Stocks to Buy Now

Several Berkshire Hathaway holdings are underperforming the markets in 2023. Chevron and Bank of America are two underperforming Warren Buffett stocks worth buying at these levels.

Barchart

Oil companies that made a killing last year are now facing a reckoning

European powerhouses Shell and TotalEnergies capitalized on favorable tailwinds, but now face falling profits.

Fortune

Best cleansing milks that are kinder to sensitive skin

Soothing, hydrating cleanser to counteract sensitivities, eczema or rosacea

Evening Standard

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

I Tried AviClear, the First-of-Its-Kind Laser Designed to Clear Acne For Good

AviClear, which secured FDA approval last year, has been dubbed the “laser alternative to Accutane.”

Marie Claire

Indian Coast Guard rescues NIO research vessel off Karwar coast

Coast Guard swiftly averted potential environmental disaster, rescuing 36 people onboard NIO's RV Sindhu Sadhana, drifting close to Karwar. Ship was carrying valuable scientific equipment and data, posing imminent threat of oil spill.

The Hindu

Which Energy Stock Should You Buy, Hold or Sell: Schlumberger (SLB) or Geospace Technologies (GEOS)

Strong energy demand as China’s economy is rebounding and people planning vacation travel during summers coupled with tight supplies could push energy prices higher this year, benefitting energy producers and businesses serving them. So, let’s determine if investors should buy, hold, or sell energy stocks Schlumberger (SLB) and Geospace Technologies…

StockNews.com

Inside Labour’s battle with its own green agenda

The Uxbridge by-election and the ongoing disputes over Ulez have shone a light on ideological struggles at the heart of the Opposition, says Anne McElvoy

Evening Standard

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UK first as trains running on vegetable oil use Marylebone station

‘Plant-based’ locomotives pioneered by Chiltern Railways in bid to cut emissions

Evening Standard

Shell earnings top $5 billion. But that's nearly half what it pulled in months ago

Shell has reported that it earned nearly $5.1 billion in the second quarter

The Independent UK

These Energy ‘Middlemen’ Are an Income Lover’s Dream

Midstream energy companies, which connect producers and end users, service the industry itself, rather than being tied to commodity prices.

Kiplinger

Coutts CEO stands down in Farage bank account row, as Sunak fails to back NatWest chairman Davies – as it happened

Peter Flavel says Coutts fell below its ‘high standards’ in the handling of Nigel Farage’s case, while Rishi Sunak declined to say whether he had confidence in NatWest’s chairman

The Guardian - UK

Shell’s ‘obscene’ $5bn profits reignite outrage amid climate crisis

Campaigners criticise plan to increase oil and gas production despite extreme heat in Europe

The Guardian - UK

Shell misses expectations as earnings halve

Adjusted earnings were just under 5.1bn US dollars (£3.9bn) in the three months to the end of June, down from 11.5bn dollars (£8.9bn) a year earlier.

The Independent UK

France's TotalEnergies starts drilling for oil in Uganda

French oil giant TotalEnergies has started drilling oil wells in Uganda as part of the massive East African Crude Oil Pipeline project that has been opposed by environmental and human rights groups.

Radio France Internationale

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Barchart

Crude Settles Lower on a Smaller-Than-Expected Draw in Weekly EIA Supplies

September WTI crude oil (CLU23 ) on Wednesday closed down -0.85 (-1.07%), and Sep RBOB gasoline (RBU23 ) closed up +4.39 (+1.57%). Crude oil and gasoline prices on Wednesday settled mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's action Wednesday...

Zenger

Regular Olive Oil Use Linked To Lower Risk Of Fatal Dementia, Study Finds

Incorporating half a tablespoon of olive oil into daily diet may reduce risk of dementia-related death by 28%, according to research.

Barchart

Crude Under Pressure on a Smaller-Than-Expected Draw in EIA Inventories

September WTI crude oil (CLU23 ) this morning is down -0.23 (-0.29%), and Sep RBOB gasoline (RBU23 ) is up +5.32 (+1.89%). Crude oil and gasoline prices this morning are mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's expected 25...

The National (Scotland)

Footage of climate activists spray painting portrait of King Charles in Edinburgh

TWO activists from climate action group This is Rigged have sprayed “the people are mightier than the lord” onto a portrait of King Charles…

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The Hindu

CET operates bus using biodiesel made from waste cooking oil

The College of Engineering Thiruvananthapuram (CET) has successfully powered its bus using biodiesel produced from used cooking oil

Capital & Main

Big Oil’s War Against ‘Woke Capitalism’

The fossil fuel industry and right-wing activists are increasingly targeting investors that consider environmental and social issues — but is it working?

The Hindu

Oil palm farmers in Andhra Pradesh complain to State BJP chief over low remuneration

AP Oil Palm Farmers' Welfare Assoc. requested BJP State Pres. Daggubati Purandeswari to take their issues to Central govt. Duty-free import of CPO adversely affecting farmers, price of FFB dropped from ₹23,635 to ₹13,000. Dynamic import duty mechanism & reimpose duties needed to protect livelihood of oil palm & oilseed…

Chicago Sun-Times

How to grill the best kebabs at all your upcoming barbecues

Most kebabs are best cooked over direct medium-high or high heat. Make sure your grill grates are clean, hot, and brushed with oil before you start grilling.

The Independent UK

Just Stop Oil pair in bid to challenge ‘longest’ sentences for peaceful protest

Morgan Trowland, 40, and Marcus Decker, 34, were previously found guilty of causing a public nuisance after scaling a bridge on the Dartford Crossing.

The Guardian - US

Trump to return artefacts sent by Israel and held at Mar-a-Lago

Israel sent items including ancient coins and ceramic oil lamps in December 2019 for Hanukah event at White House

The National (Scotland)

Fury as oil giant's profits total £6 billion in just three months

CLIMATE campaigners have been left outraged at the news Norwegian oil giant Equinor has announced pre-tax profits of £5.8 billion for the last…

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