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The Latest Breaking News from Oil

S&P 500 Down 0.5%; Crude Oil Falls Sharply

U.S. stocks traded lower toward the end of trading, with the S&P 500 dropping around 0.5% on Monday.

Benzinga

Nothing will change on climate until death toll rises in west, says Gabonese minister

Before Cop27, Lee White also says broken promises on funding leave sense of betrayal

The Guardian - UK

AP source: Biden to float windfall tax on energy producers

President Joe Biden plans to raise the possibility of imposing a ‘windfall tax’ on oil companies, as his administration aims to combat high gas prices just days before the midterm elections

The Independent UK

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read the most diverse news in one place.

Judge orders more than 180 protesters to stop blocking roads in London

Mr Justice Freedman granted injunctions at a High Court hearing after Transport for London bosses said Just Stop Oil protests had intensified

The Independent UK

India: Higher oil prices would backfire on producers

NEW DELHI: India’s oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.

The Times of India

Watch moment man tackles Just Stop Oil protester covering them in paint outside MI5 building

A man tried to intervene to stop the rogue painting at the MI5 building

Evening Standard

Exxon Mobil, Chevron Shares Continue Rally Following Q3 Earnings, But Which Oil Stock Do Wall Street Analysts Prefer?

U.S. oil majors Exxon Mobil Corp (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both reported impressive third-quarter numbers last week, with each company beating consensus earnings estimates by roughly 15%.

Benzinga

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Irish woman shares 'genius' method to cook roast potatoes without using an oven

"Didn't realise I could use the SC [slow cooker] for anything other than a casserole"

Irish Mirror

Good soup: Five straightforward recipes for the season

Emily Weinstein makes soup season simple

The Independent UK

Woman's 'amazing' roast potato cooking hack with no oven required

While the tip for roasties might seem unconventional, home cooks have raved about the results.

Daily Record

North Sea oil and gas revenues 'up to nearly £8 billion' this year so far

TAX revenues from North Sea oil and gas have increased to almost £8 billion in the first nine months of 2022, according to research.

The National (Scotland)

Arrests made after Just Stop Oil activists spray orange paint on buildings

The Home Office, the MI5 building, the Bank of England and the headquarters of News Corp were targeted.

The Independent UK

Saudi Q3 GDP Grows 8.6% y/y

Saudi Arabia's gross domestic product expanded by 8.6% in the third quarter compared with the same period in 2021, according to initial government estimates on Monday, as the world's top oil exporter benefits from higher energy prices. Growth was largely driven by a 14.5% increase in oil activities, the General…

Asharq Al-Awsat

Two-thirds of US money for fossil fuel pours into Africa despite climate goals

Joe Biden will fly to Africa to attend the Cop27 talks in Egypt but the US funnels billions to dirty projects in the continent

The Guardian - US

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Evening Standard

Watch: Just Stop Oil protesters paint the town orange

Just Stop Oil supporters have sprayed orange paint on four buildings in Central London. They are demanding that the government halts all new oil and gas licences and consents. At 8:30am today, 6 Just Stop Oil supporters sprayed orange paint from fire extinguishers on the Home Office, the MI5 building,…

The Independent UK

Joe Joyce on heavyweight knockouts, oil painting, and teaching 60-year-olds to swim

Exclusive interview: The unbeaten Briton reflects on the creative endeavours that gave way to a ‘destructive’ career in the ring

Asharq Al-Awsat

QatarEnergy Seeks to Acquire 30% stake in Lebanon's Offshore Exploration Area

QatarEnergy is in talks with the Lebanese government to acquire a 30 percent stake in an offshore exploration area and is also negotiating with TotalEnergies and Eni in this regard, announced CEO Saad al-Kaabi. Two sources told Reuters last week that TotalEnergies and the Lebanese government have reached a deal…

Evening Standard

Just Stop Oil supporters spray orange paint onto the MI5 building, Home Office, Bank of England

Londoners have been warned not to ‘directly intervene’ with protesters

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The Independent UK

Why Puglia makes a great off-season Italian escape

The ‘heel of the boot’ is having a moment in fashion, luxury and social media alike. Lucy Thackray heads south to see what all the fuss is about

Daily Mirror

Boy who had 1,000 epileptic fits a month now seizure free - due to medical cannabis

Alfie Dingley is one of just three people in the UK to have been handed an NHS prescription for the drug. Mum Hannah Deacon says the cannabis has made a huge difference to the 11-year-old’s life

Birmingham Post

Oil firm Rockhopper 'disappointed' as Italy seeks to annul drilling ban payout

The Salisbury-based company was awarded more than €190m in damages by the country in August over a banned drilling project

The Independent UK

Saudi, UAE back OPEC cuts as US envoy warns of 'uncertainty'

Saudi Arabia and the United Arab Emirates are defending a decision by OPEC and its allies to cut oil production

Asharq Al-Awsat

Sudanese Refinery Resumes Full Operations After ‘Sabotage’

An oil refinery in the Sudanese capital of Khartoum resumed operations following a brief halt due to an act of “sabotage” on one of its pipelines, state-run media said on Monday. According to the SUNA news agency, the pipeline was “forced to stop for a limited period due to sabotage…

Asharq Al-Awsat

Iran’s Guards Seize Vessel in Gulf Allegedly Carrying 11 Million Liters of Smuggled Fuel

Iran’s Revolutionary Guards seized a foreign vessel, saying it was carrying 11 million liters of smuggled fuel in the Gulf on Monday, according to the Student News Network’s Telegram channel. The captain and crew of the foreign oil tanker are in custody to complete the investigation process and legal proceedings.…

The Independent UK

IMF says Mideast, North Africa economies resilient in 2022

The International Monetary Fund says the economies of Middle Eastern and North African countries were resilient in 2022, but double-digit inflation is expected to slow growth in the region next year

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