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The Latest Breaking News from Oil

Cannabis farmer avoids jail after 120 plants worth up to £45,000 are found at his North Shields home

Ian Howard, who has 70 offences on his record, including two for cultivating the class B drug, claimed he'd been growing the crop to make cannabis oil for himself

Chronicle Live

US says price caps on Russia's oil are cutting revenue nearly in half and weakening its economy

When the Group of Seven nations, the European Union and Australia last year announced a plan to cap the price of Russian oil, U.S. officials said it would deliver a most effective blow to Russia’s economy, undermining its greatest revenue source

The Independent UK

Bureau chief tied to illegal oil incident

The director of the Excise Department's Prevention and Suppression Bureau was involved in a case of illegally transported oil detected by the Highway Police on June 7, according to the results of an internal probe.

Bangkok Post

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UN chief says fossil fuels 'incompatible with human survival'

The head of the United Nations launched a tirade against fossil fuel companies Thursday, accusing them of betraying future generations and undermining efforts to phase out a product he called “incompatible with human survival.”

France 24

Just Stop Oil protesters interrupt opera at Glyndebourne festival

Three activists use glitter cannons and air horns during performance of Poulenc’s Dialogues des Carmélites

The Guardian - UK

Crude Sharply Higher on China Energy Demand Optimism

July WTI crude oil (CLN23 ) on Thursday closed up +2.35 (+3.44%), and July RBOB gasoline (RBN23 ) closed up +8.71 (+3.41%). Crude oil and gasoline prices Thursday settled sharply higher. A slump in the dollar index Thursday to a 1-month low is bullish for energy prices. Crude also found...

Barchart

3 Energy Stocks Rated Buy NOW

Rising oil and gas exploration activities to meet the world’s increasing energy demand is poised to keep the energy services industry afloat in the foreseeable future. Therefore, investing in Buy-rated fundamentally strong energy stocks ChampionX Corporation (CHX), MRC Global (MRC), and Geospace Technologies (GEOS) could be wise. Read on….

StockNews.com

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Crude Rallies on Dollar Weakness and China's Interest Rate Cut

July WTI crude oil (CLN23 ) this morning is up +1.56 (+2.29%), and July RBOB gasoline (RBN23 ) is up +6.80 (+2.66%). July Nymex natural gas (NGN23 ) is up +0.191 (+8.16%). Crude oil and gasoline prices this morning are moderately higher. A slump in the dollar index today to...

Barchart

UN requires delegates at climate talks to reveal affiliation in effort to curb lobbying by Big Oil

The United Nations will require delegates attending the global body’s annual climate summit to disclose their affiliation in an effort to clamp down on undue influence by fossil fuel companies and others

The Independent UK

Best essential oils to elevate your aromatherapy practice

Lovely smells for relaxation spells

Evening Standard

Will Danielle Smith veer back to the right and towards Alberta separatism?

With a fresh and workable majority, Alberta Premier Danielle Smith is facing the choice of conforming to her moderate election stance or pushing the strategies of various quasi-separatist groups like Take Back Alberta and Project Confederation.

The Conversation

Brooklyn Beckham slammed again online for 'out of touch' cooking video

The aspiring chef often posts cooking videos online but his most recent one didn't go down well with fans.

Daily Record

Shell faces backlash for ‘destructive’ decision to abandon oil reduction plans

Plan to reduce oil production by up to 2% each year this decade dropped, with claim that oil field sell-offs mean target already reached

Insider UK

6 ways to care for your hair during summer, according to experts

Because the sun can really take its toll

Marie Claire

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The Guardian - UK

Eat the rainbow! 10 spectacular salads to help you eat 30 plants a week

The more colourful your plate, the more nourishing it will be, too. Here’s how to eat the widest range of veg – while having your most delicious summer ever

The Independent UK

Brooklyn Beckham divides viewers with fried chicken recipe

‘That’s at least $25 worth of avocado oil,’ one viewer claims

The Independent UK

Drug syndicate hid meth in Canadian maple syrup, canola oil bound for Down Under, authorities say

Authorities say a drug syndicate that tried to smuggle tons of methamphetamine from Canada to Australia and New Zealand by hiding it in shipments of maple syrup and canola oil has been busted

Bangkok Post

GPSC, Meranti join forces on clean energy research

Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, has joined hands with Singapore-based steel producer Meranti Steel Pte to jointly conduct a study on clean energy development for steel manufacturing in an effort to reduce carbon dioxide emissions.

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The Independent UK

Brooklyn Beckham divides viewers with fried chicken recipe that uses large quantity of ‘expensive’ oil

‘That’s at least $25 worth of avocado oil,’ one viewer claims

Barchart

Crude Prices Fall on Ample U.S. Oil Supplies

July WTI crude oil (CLN23 ) on Wednesday closed down -1.15 (-1.66%), and July RBOB gasoline (RBN23 ) closed down -0.33 (-0.13%). Crude oil and gasoline prices Wednesday settled lower. Crude prices gave up an early advance and moved moderately lower after an unexpected build in weekly EIA crude inventories....

The Guardian - US

US government toughens rules on chemicals used to break up oil slicks

Environmental activists sued EPA to update regulations, after thousands of people sickened from Deepwater Horizon cleanup

StockNews.com

The Top 3 Shipping Stocks With Great Momentum

The demand for shipping services is expected to stay afloat on the backs of international trade. Therefore, investors could look to buy fundamentally strong shipping stocks Teekay Corp. (TK), Overseas Shipholding Group (OSG), and StealthGas Inc. (GASS), which are riding the tides of momentum. Continue reading….

France 24

A necessary ‘sacrifice’: Nigeria ends almost 50 years of fuel subsidies

More than two weeks after announcing the end of fuel subsidies dating from the 1970s, Nigeria's new President Bola Tinubu called the move a necessary "sacrifice" and promised Nigerians "massive" investment in public services in return.

Barchart

Crude Prices Fall after Weekly EIA Crude Inventories Unexpectedly Climb

July WTI crude oil (CLN23 ) this morning is down -0.60 (-0.86%), and July RBOB gasoline (RBN23 ) is down -0.34 (-0.13%). July Nymex natural gas (NGN23 ) is up +0.003 (+0.09%). Crude oil and gasoline prices this morning are mixed. Crude prices gave up an early advance and moved...

Daily Mirror

Brooklyn Beckham under fire AGAIN as fans slam him for 'out of touch' cooking video

Brooklyn Beckham shared a video promoting Chosen Foods avocado oil when he used a full bottle, which retails from between $15 and $20 (£12 - £16)

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