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The Latest Breaking News from Oil

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

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

The Independent UK

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…

International Business Times

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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

The Independent UK

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...

Barchart

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 Independent UK

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‘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.

The Mary Sue

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...

Barchart

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

Latin Times

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.

Evening Standard

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.

Fortune

Buy the Dip? 3 Oil Stocks Poised for a Big Comeback

These oil services companies act as the picks and shovels for the oil and gas markets and could be set to soar if the price of oil rises for whatever reason

MarketBeat

Tell us: what have you never quite understood about cooking oils?

In a new video series on our It’s Complicated YouTube channel, we’re on a mission to untangle confusing everyday topics by speaking directly with experts

The Guardian - UK

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The Independent UK

Activists accuse major bank of suppressing protest over controversial African oil pipeline

The 11 activists, who are still detained in prison, are the latest arrests of protesters against the East African Crude Oil Pipeline

The National (Scotland)

Scotland 'on course for an unjust transition' from oil and gas, report warns

Scotland is on course for an “unjust transition”, a report has found, with the Government accused of having no plan for oil and gas workers ...

The Guardian - UK

UK petrol prices poised to fall further as oil prices tumble

Global prices drop after reports that Opec+ is ready to raise output despite weaker demand for fossil fuels

Clever Dude

12 Car Repairs That Will Cost Double If You Wait Too Long

As a former mechanic, I can tell you that putting off car repairs is typically not a good idea. Whether it’s a slight squeal or a warning light flash, your vehicle will tell you when something’s not quite right. One of the worst things you can do is shrug it…

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Homes & Gardens

Obsessed with Stanley Tucci’s cooking show? Me too, so I just had to test the Tucci x GreenPan cookware collection

Obsessed with Stanley Tucci’s cooking show? Me too, so I tested his new cookware collaboration with GreenPan to see if it matched up to his style and skill in the kitchen

Marie Claire

Hot Girl Summer Is Almost Here—Get Supermodel-Worthy Legs In Minutes

Body? Glistening. Cute selfies for Instagram? Perfected.

The Guardian - UK

The hidden cost of your supermarket sea bass

Revealed: an investigation shows how consumers buying fish in the UK are playing a role in food insecurity and unemployment in Senegal

The Independent UK

Oil and gas workers face ‘unjust transition’ with no plan, commission warns

The Just Transition Commission said urgent action is needed to ensure the transition from fossil fuels happens fairly.

Marie Claire

I've Never Been One For Pricey Body Wash, But This Nourishing Shower Oil is My Summer Skin Saviour

Plus, the scent lingers all day

The Independent UK

Diddy’s ex-assistant describes cleaning baby oil from hotel rooms after ‘freak off’ sex marathons

George Kaplan, 34, worked 100-hour weeks for the mogul from September 2014 through December 2015

The Independent UK

Trump’s Big Beautiful Bill edges closer to passing. Here’s what it says, and what it means for you

The bill looks to slash taxes and increase spending on oil drilling, the military, and immigration, while also making cuts to Medicaid and food assistance programs

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