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The Latest Breaking News from Oil

Crude Recovers Early Losses as Weekly EIA Inventories Decline

June WTI crude oil (CLM24 ) this morning is up +0.45 (+0.57%), and June RBOB gasoline (RBM24 ) is down -2.33 (-0.92%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 2-month low. A stronger dollar today is negative for energy prices. Also, a rebound...

Barchart

Anchovy sauce to sundried chillies: what the UK’s Italian chefs eat for a real taste of home

Whether it’s smoked cheese, Alpine beer or something Nonna used to make, when Italian foodies want an authentic taste of home, this is what they reach for …

The Guardian - UK

Awe-bergine: Alice Zaslavsky’s low-fuss recipe for stuffed eggplant parmigiana

The cookbook author scores, salts and stuffs the eggplants with a cheesy and herby breadcrumb mix. The result? A soft and saucy vegetarian midweeker

The Guardian - AU

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Oil services company John Wood Group rejects £1.4bn takeover offer

Aberdeen-based firm listed on FTSE 250 knocked back unsolicited approach from Dubai-based Sidara

The Guardian - UK

This budget diffuser on Amazon will make your home oh-so-fresh (no wonder over 20,000 shoppers scooped it up last month)

We're loving this diffuser on Amazon that has plenty of five-star reviews from shoppers. We asked a fragrance expert why it's a useful buy for your home

Real Homes

Stocks Rise After Sweden Rate Cut, Oil Prices Decline

Global stock markets rise as Sweden cuts interest rates, while oil prices fall. Stay informed for market trends.

Top News

Malaysia plans ‘orangutan diplomacy’ in palm oil pitch

Commodities minister says critically endangered animals could be given to countries that buy Malaysia’s palm oil.

Al Jazeera

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Egypt's Non-Oil Business Shrinks For 41St Consecutive Month

Egypt's non-oil business sector faces challenges with 41 months of contraction, needing reforms and strategic interventions for recovery.

Top News

Pakistan bets on a cannabis high as its economy struggles

A new regulator aims to legalise hemp growth, while crushing a black market. But is Pakistan too late to the party?

Al Jazeera

Ukraine Targets Oil Depot In Russian-Held Luhansk

Ukraine's attack on oil depot in Luhansk escalates conflict with strategic implications. Tensions rise in the region as international community monitors fo...

Top News

Oil Prices Dip Due To Increased US Stockpiles

Learn about the impact of rising US stockpiles on oil prices and market stability.

Top News

Crude Prices Fall Slightly on Dollar Strength

June WTI crude oil (CLM24 ) on Tuesday closed down -0.10 (-0.13%), and June RBOB gasoline (RBM24 ) closed down -4.48 (-1.73%). Crude oil and gasoline prices on Tuesday fell to 8-week lows and settled moderately lower. A stronger dollar (DXY00 ) on Tuesday was bearish for energy prices. Crude...

Barchart

BP right to hold steady on climate targets despite below forecast profits

Although chief executive Murray Auchincloss has left himself room to pump more oil and gas, renewables should start generating greater returns

The Guardian - UK

Confusion prevails among LPG consumers about biometric data collection

Confusion arises as state-run oil companies in Chennai require biometric details from over 2.33 crore LPG consumers.

The Hindu

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Capital & Main

‘How Do You Approve an Underground Toxic Waste Dump Without Telling Nobody?’

An oil and gas firm planned to convert a New Mexico water well into a disposal site for toxic wastewater. A familiar face stood in its way.

Barchart

Crude Prices Slip as Russia Said OPEC+ is Analyzing a Possible Boost in Output

June WTI crude oil (CLM24 ) this morning is down -0.26 (-0.33%), and June RBOB gasoline (RBM24 ) is down -4.37 (-1.69%). Crude oil and gasoline prices this morning dropped to 8-week lows and are moderately lower. Crude prices are under pressure today after Russian Deputy Prime Minister Novak said...

Top News

US Official: Iran's Oil Movement Reliant On Malaysian Providers

US official highlights Malaysia's crucial role in Iran's oil transportation amidst escalating US-Iran tensions and sanctions.

Ideal Home

Why is my air fryer smoking and how do I get it to stop? We asked the experts

Is your air fryer smoking? Don't worry, we can help. Get the answers you need to stop it, with the help of our experts

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The Texas Tribune

U.S. oil and gas production is booming. So are the industry’s donations to its GOP allies

The biggest recipient of campaign donations from the industry isn’t Donald Trump or President Joe Biden, it’s a Texas House member who represents part of the Permian Basin.

Evening Standard

BP plans cost cutting alongside multi-billion payday for investors as profits miss forecasts

New CEO at FTSE 100 oil multinational points to $2 billion in ‘cash cost savings’

The Guardian - UK

BP to cut $2bn in costs as profits miss forecasts

Oil company to maintain pace of share buybacks despite impact of falling gas prices

International Business Times

Saudi Aramco Says Q1 Profit Down 14.5 Percent

Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place.

The Guardian - UK

LockBit ransomware group’s leader unmasked and hit with sanctions; UK house prices inch higher– business live

Leader of major cybercrime group has been unmasked and sanctioned by the UK, US and Australia, authorities say

The Guardian - UK

Extra virgin olive oil prices tipped to top £16 a litre next month

Price rise for mass-market types expected as global production falls to lowest level in more than 10 years

Top News

Oil Prices Rise As Israel Strikes Gaza Amid Truce Talks

Geopolitical tensions in Israel and Gaza drive fluctuations in global oil prices, impacting economies worldwide.

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