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The Latest Breaking News from Oil

All of your grilling questions answered

Stumped by the grill? Here are some helpful tips (and a bonus recipe!) to help brighten up your summer

Salon

F1 bosses and drivers warn 'selfish' protest will put lives at risk at British Grand Prix

Just Stop Oil protestors disrupted the British Grand Prix in 2022, running onto the track at Silverstone after Alfa Romeo's Zhou Guanyuan crashed on the opening lap

Daily Mirror

UAE announces plans to invest $54B in energy and triple renewable sources

The United Arab Emirates plans to triple its supply of renewable energy and invest up to $54 billion over the next seven years to meet its growing energy demands

The Independent UK

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read the most diverse news in one place.

Concessions for import of silk and palm oil have hit local farmers hard, claims farmers’ body

The Federation of Karnataka State Farmers’ Association has complained that the concessions extended to import of raw silk and palm oil have hit the indigenous sericulture and coconut farmers hard.

The Hindu

Pure petrofiction: why writers will keep drilling for stories about oil

From tales of ‘hissing’ oilmen to ‘crying’ trees, novels about petroleum and its devastating effect on communities and the environment are powerful fiction for our times – with the potential for prophecy

The Guardian - UK

Sainsbury's boss insists food prices ARE starting to fall in boost for shoppers

Supermarket boss says prices will remain higher since Russia's invasion of Ukraine, when a number of key commodities from wheat to oil surged in cost

Daily Mirror

"Armageddon" at 25: An anti-science epic

"Armageddon" isn't just scientifically inaccurate — experts also say that it is downright hostile to intellectuals

Salon

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Fears for Libyan oil production amid military threats

Gen Khalifa Haftar warned of military action unless oil revenues are divided fairly

The Guardian - UK

Shapps: Not awarding new oil and gas licences is ‘bonkers policy’

Green MP Caroline Lucas urged the Government to ‘rule out’ new licences.

The Independent UK

Which is the Top Energy Stock Pick for July: Marathon Oil Corporation (MRO) or Cheniere Energy (LNG)?

Despite a challenging macroeconomic environment, the energy sector continues to experience strong demand. As a result, leading industry players Marathon Oil (MRO) and Cheniere Energy (LNG) should benefit. To determine the top pick between the two stocks, let's delve further into their fundamentals.

StockNews.com

Ten Years after Disaster, Lac-Mégantic Is a Model for a Greener Future

Rebuilding from scratch meant the Quebec community could become more sustainable than ever

The Walrus

As demand for plant-based products increase, value-added products from coconut are in the spotlight

Value-added products from coconut, like cosmetics, ready-to-cook pastes, and gel drinks are in the spotlight

The Hindu

Desertification: Iraq’s worsening water crisis

When many thousands of Iraqis turn on their taps “nothing comes out”, said Hayder Indhar for Phys.org.

The Week

Sainsbury profits could hit £700m, but it insists food costs are falling

Costs of toilet paper and chicken are down

Evening Standard

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The Conversation

The earth might hold huge stores of natural hydrogen – and prospectors are already scouring South Australia for it

Hydrogen comes in an ever-increasing range of colours. Green hydrogen, made by cracking water into oxygen and hydrogen. Blue hydrogen, made from natural gas with the carbon emissions captured and stored. Grey hydrogen, using natural gas with carbon dioxide emissions released to the atmosphere.

Bangkok Post

OR opens laundry service in Cambodia

SET-listed PTT Oil and Retail Business (OR) continues to expand its non-oil businesses overseas by opening a laundry service at its filling station in Cambodia.

The Independent UK

Braverman to meet police and sporting leaders over Just Stop Oil protests

Ministers fear further ‘guerrilla protests’ will follow the action seen last week at the Ashes.

Barchart

Crude Relinquishes Early Gains on Energy Demand Concerns

August WTI crude oil (CLQ23 ) on Monday closed -0.85 (-1.20%), and Aug RBOB gasoline (RBQ23 ) closed down -8.25 (-3.24%). Crude oil and gasoline prices Monday gave up an early rally and closed moderately lower. A stronger dollar Monday weighed on energy prices. Also, energy demand concerns undercut oil...

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Chronicle Live

Shoppers over the moon with £17 'peaceful' Neom oil which has a 'heavenly, relaxing scent'

The Perfect Peace Essential Oil Blend by Neom London is aptly named, according to many of the 4.6 star reviews online.

The Hindu

India refiners start yuan payments for Russian oil imports, say sources

Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find alternatives to the dollar for settling payments.

Barchart

Crude Gains as Saudi Arabia Extends its Production Cut

August WTI crude oil (CLQ23) this morning is up +0.55 (+0.78%), and Aug RBOB gasoline (RBQ23) is down -1.39 (-0.55%). This morning, crude oil and gasoline prices are mixed, with crude posting a 1-week high. The main bullish factor for crude prices is today's action by Saudi Arabia to announce...

Wales Online

Andy Murray fires warning shot to Just Stop Oil protesters at Wimbledon

The SW19 showpiece kicked off on Monday with a backdrop of fears over the threat of potential protests, with organisers on red alert after Just Stop Oil’s high-profile intervention during day one of the second Ashes Test at Lord’s

The Independent UK

Saudi Arabia and Russia are cutting oil supply again in bid to boost prices

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world to try to prop up prices

Evening Standard

Let’s Make-Up: the new beauty launches to have on your radar in July 2023

Our series where we fill you in on the buzziest beauty launches to know this month

Belfast Live

Boots shoppers hail 'non-greasy' £20 SPF moisturiser which 'prevents dark spots and wrinkles'

One shopper said: "Lovely smooth matte application. No oil or grease. A little goes a long way."

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