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The Latest Breaking News from Oil

Suriname Poised For Cash Inflow From Newly Discovered Oil

Suriname, South America's smallest country, is preparing for an inflow of cash from a huge offshore oil find, with the president insisting the population will receive a direct share of the wealth.

International Business Times

Europe's long, arduous battle against Russia's 'shadow fleet' is far from over

The EU has imposed several rounds of sanctions against Russia's infamous "shadow fleet". But is there more to be done?

Euronews

Two brilliant recipes for the bank holiday – come rain or shine

Whether you're dusting off the barbecue or keeping things cosy in the kitchen, these two punchy, flavour-packed dishes are perfect for the long weekend – whatever the weather brings

The Independent UK

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The Best Explanation Yet For Why America Is Giving Up On EVs

As the rest of the world, especially China, races toward more sustainable energy sources, America is doubling down on oil and gas. That's not by accident.

InsideEVs

Key moments from the second week of Sean ‘Diddy’ Combs’ sex trafficking trial

The second week of Sean Combs' sex trafficking and racketeering trial featured a dozen witnesses who described the music mogul's physical attacks on others or who provided testimony addressing the government's charges

The Independent UK

Utah Family Conspired With Jalisco Cartel in Cross-Border Fuel Scheme, Indictment Says

A Utah family has been arrested and indicted on federal charges in connection with a scheme to smuggle hundreds of millions of dollars in crude oil from Mexico into the United States

Latin Times

12 best diffusers, tested in real homes for long-lasting fragrance

Whether you’re looking for an electric diffuser or a reed diffuser, I’ve found the best options

The Independent UK

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Crude Prices Edge Higher on Dollar Weakness and Decline in US Oil Rigs to 3-1/2 Year Low

July WTI crude oil (CLN25 ) Friday closed up +0.33 (+0.54%) and July RBOB gasoline (RBN25 ) closed down -0.0169 (-0.81%). Crude oil and gasoline prices on Friday settled mixed, with gasoline sliding to a 1-week low. Crude prices recovered from a 2-week low Friday and moved higher as the...

Barchart

Venezuelan Regime Arrests Top Opposition Leader After U.S. Says It Won't Renew Chevron Oil License

Venezuelan opposition leader Juan Pablo Guanipa was arrested by the Venezuelan regime shortly after Secretary of State Marco Rubio announced the U.S. won't renew Chevron's license to export oil from the country

Latin Times

Ronald Atkins obituary

Guardian jazz critic for over 30 years who also contributed widely to respected music books

The Guardian - UK

Suriname President Vows Oil Bonanza Won't Hit Carbon-negative Status

Ahead of oil-rich Suriname's election, the country's president tells AFP that a looming energy windfall will not spell a shift away from climate-friendly policies.

International Business Times

Russia is facing fresh sanctions, but Putin is used to dealing with a struggling economy

The UK and the EU have agreed to hit Russia with a raft of new economic sanctions after hopes of a ceasefire with Ukraine came to nothing. One French minister commented that it is time to “suffocate” the Russian economy.

The Conversation

Still Wakes The Deep deserves its three Baftas for superlative survival horror game thrills

The survival horror game genre is very much like the survival horror-movie genre. It is a niche genre which appeals to people who crave good scares and want to get their adrenaline pumping. Some of the most popular games, such as Resident Evil – a game so influential it spawned…

The Conversation

Crude Prices Recover Early Losses as the Dollar Sinks

July WTI crude oil (CLN25 ) today is up +0.24 (+0.39%) and July RBOB gasoline (RBN25 ) is down -0.0072 (-0.34%). Crude oil and gasoline prices today are mixed, with gasoline sliding to a 1-week low. Crude prices recovered from a 2-week low today and moved higher as the dollar...

Barchart

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The Guardian - UK

Reform UK promises to reverse ban on new North Sea oil drilling if elected

Party spokesperson says policy has ‘clear benefits for securing jobs and energy independence’

Evening Standard

UK should get rid of ‘unsightly windmills’ and drill for North Sea oil – Trump

The US president was writing about the effects of the trade deal with the UK on his social media platform.

International Business Times

France's TotalEnergies To Face Court In June In 'Greenwashing' Case

TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges -- an unprecedented case in France against a major fossil fuel company, activists said Friday.

The Independent UK

Trump takes aim at Starmer over net zero strategy

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Latin Times

Miami Republicans Reportedly Demanded Trump End an Oil Deal With Venezuela To Support His 'Big, Beautiful Bill'

President Donald Trump reportedly ended an oil-for-deportees deal with Venezuela's authoritarian government in order to get some Miami Republicans to support his "big, beautiful bill"

The National (Scotland)

Donald Trump calls for more drilling for oil in Scottish waters

DONALD Trump has urged the UK Government to drill for more oil and criticised net zero strategies.

The National (Scotland)

'Trump playbook': Reform woo oil and gas companies with tax and regulations slash

REFORM UK has reportedly told oil and gas companies they would introduce tax breaks and slash regulations in a move borrowed straight “from the…

The Independent UK

Trump tells Starmer to stop building ‘unsightly windmills’ and drill for more oil in North Sea

US president, who once bizarrely claimed wind turbines cause electricity to go out leaving ‘wives and husbands’ unable ‘to watch Donald Trump on television’, hits out at Labour prime minister’s net zero strategy on climate change

The Guardian - UK

Unreal estate: the 12 greatest homes in video game history

Murderous mansions with carnivorous toilets or a fantasy lighthouse on misty shores, every gamer has a favourite property – here are some of ours

Euronews

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.

The Independent UK

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

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