The Latest Breaking News from Oil

Five key points for Scotland from Rachel Reeves’s spending review

CHANCELLOR Rachel Reeves set out her spending plans for the next three years today – which will have an impact on Scotland

The National (Scotland) · Jun 11, 2025

Indoor farming helps community members bring healthy food to northern Manitoba

Healthy food is hard to come by in northern Manitoba. Food shipped from the south is prohibitively expensive and is often stale, and the climate and soil in the region don’t support much traditional outdoor farming.

The Conversation · Jun 11, 2025

My Dry, Dehydrated Skin Is Loving This Skincare Routine for Summer

It took a while to get here.

Marie Claire · Jun 11, 2025

Why the salmon on your plate contains less omega-3 than it used to – and how the industry can address that

Farmed Atlantic salmon has become one of the most highly traded food commodities in the world, enjoyed for its versatility as much as for its health benefits. It has long been known that eating oily fish such as salmon is the best way to consume long-chain omega-3 fatty acids. These…

The Conversation · Jun 10, 2025

Rosebank oilfield: why more UK oil means more global emissions

The UK government will soon face a momentous decision over whether to approve production in the Rosebank oilfield off the coast of Shetland.

The Conversation · Jun 10, 2025

Crude Prices Advance on US-China Trade Deal Optimism

July WTI crude oil (CLN25) today is up +0.79 (+1.21%), and July RBOB gasoline (RBN25) is up +0.0153 (+0.73%). Crude oil and gasoline prices are moving higher today, with crude climbing to a 2-1/4 month high and gasoline posting a 2-week high. Crude oil prices have support today on signs...

Barchart · Jun 10, 2025

EU seeks to lower a price cap on Russian oil and discourage Nord Stream pipeline investors

The European Union wants to lower a cap on the price of Russian oil to deprive the Kremlin of profits to fund its war in Ukraine

The Independent UK · Jun 10, 2025

Ahead of UN climate talks, Brazil fast-tracks oil and highway projects that threaten the Amazon

With the first U.N. climate talks in the Amazon set for November, Brazil is fast-tracking a series of controversial decisions that undercut its green rhetoric, revealing mounting political pressure on the federal environmental agency and widening divisions within President Luiz Inácio Lula da Silva’s cabinet

The Independent UK · Jun 10, 2025

Ministers should apologise to oil and gas workers who have lost jobs, Tories say

Andrew Bowie cites figures which suggest tens of thousands of jobs in Scotland could go as part of Labour’s green transition.

Evening Standard · Jun 10, 2025

EU calls for lower price cap on Russian oil in move to tighten sanctions

Other measures include greater restrictions on ‘shadow fleet’, banks and Nord Stream investment

The Guardian - UK · Jun 10, 2025