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The Latest Breaking News from Oil

Petroleum Minister Hardeep Singh Puri comments on reducing petroleum prices at BJP headquarters

To questions on whether a reduction in oil prices was under consideration, Union Petroleum Minister Hardeep Singh Puri said he was not in a position to make an announcement on the issue.

The Hindu

Malayali sailors, who were detained in Nigeria, return to an emotional reunion with families

Three Malayali sailors of very large crude oil carrier MT Heroic Idun who were detained by the Nigerian Navy for almost a year had an emotional reunion with their families at the Cochin International Airport on their return via the South African city of Cape Town

The Hindu

Ravinder Bhogal’s recipes for cooking with fresh sardines

Sardines are cheap, sustainable and cook in no time, so throw them on the barbecue or griddle pan, turn them into pakoras or slap them on top of Italian tomato bread in these easy summer recipes

The Guardian - UK

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Airfares may stay sky-high, say industry experts

PARIS: Despite the recent fall in oil prices, high airfares may stay in place for some time to come, say airline industry professionals and experts.

Bangkok Post

Mick Hutson 1965-2023: "Most people’s reaction to my job is ‘you lucky sod!'"

Mick Hutson photographed pretty much every rock legend during his 37-year career, but his charm is what people loved

Digital Camera World

AI rectifies glitch in Boeing plane stranded in Magadan; aircraft departs for Mumbai

Air India’s Boeing aircraft that was grounded in Magadan in far east Russia is now airborne after engineers rectified the oil system defect in one of the engines and the plane will land in Mumbai later in the day, the airline said on June 10.

The Hindu

Activists to stage protests across Scotland against Rosebank oil field

Hundreds of demonstrators will descend on beaches and take to the sea across Scotland to protest against the planned development of the Rosebank oil…

The National (Scotland)

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UK Government plan to scrap windfall tax on oil company profits is outrageous

Record View says that the plan is further proof that the Tories don't care about the general public and only care about helping out their wealthy mates.

Daily Record

How Lower Volatility and Oil Production Cuts Could Impact the Market…

I'm pleased with how the portfolio has shaped up over the last couple weeks. Of our 8 current positions, 6 are winners, one is breaking even, and one is a small loser. Several of the stocks have been in an uptrend as well. For the time being, we're going to…

StockNews.com

Crude Prices Fall on Energy Demand Concerns in China

July WTI crude oil (CLN23 ) on Friday closed down -1.12 (-1.57%), and July RBOB gasoline (RBN23 ) closed down -1.95 (-0.75%). Crude oil and gasoline prices Friday posted moderate losses. A stronger dollar Friday undercut energy prices. Also, concern about weakness in China's energy demand is bearish for crude...

Barchart

Determined to forge ahead with canal expansion, Army Corps unveils testing plan for contaminants in Matagorda Bay

The expansion project will enable the world’s largest class of tanker ships to dock at a new oil export terminal on the Gulf Coast. It also involves dredging a Superfund site.

The Texas Tribune

Crude Slightly Lower on Energy Demand Concerns in China

July WTI crude oil (CLN23 ) this morning is down -0.08 (-0.11%), and July RBOB gasoline (RBN23 ) is down -0.16 (-0.06%). July Nymex natural gas (NGN23 ) is down -0.063 (-2.68%). Crude oil and gasoline prices today are slightly lower. A stronger dollar today is undercutting energy prices. Also,...

Barchart

Beach warning after dog dies of eating suspected palm oil

The warning comes after a three-year-old dog died at Newgale beach

Wales Online

Beauty Around the Clock: Maitreyi Ramakrishnan

The 'Never Have I Ever' star on how she embraces her natural hair, her favorite South-Asian-owned beauty brands, and the foundation TikTok loves.

Marie Claire

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Homes & Gardens

Should you put olive oil in your coffee? I tried the trend and have the notes

Starbucks are the first chain to try olive oil coffee - this new take on bulletproof coffee claims lots of health benefits, but it’s not for everyone

Manchester Evening News

'I've stopped using moisturiser for Summer since finding a five-star rated face mask that gives flawless skin in 10 minutes'

"It was a lifesaver for me. It really did leave my skin smooth, glowy, and my blackheads were barely visible after one application"

The Independent UK

Government to scrap windfall tax if energy prices drop

Decision criticised as ‘shortsighted’ in face of soaring UK household energy debt and continuing war in Ukraine

The National (Scotland)

Outrage as UK Government 'bows to pressure' from fossil fuel giants over windfall tax

Tory ministers said they would slash the current 75 tax on North Sea oil and gas profits back to its regular 40 if prices reach certain levels.

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Texas Observer

Controversial Matagorda Bay Ship Channel Grows Closer to Reality

The U.S. Army Corps of Engineers plans on dredging a superfund site to complete the projected expansion of a massive terminal for oil tankers.

The Guardian - UK

From North Sea revival to renewables, Aberdeen sees corporate interests triumph

While transition to wind energy could benefit the local area, private interests are set to create wealth elsewhere

The New Daily

Petrol prices nudge $2 a litre for King’s Birthday long weekend

Australians are facing petrol prices teetering around $2 a litre ahead of the long weekend, with bowsers peaking across Australia's big cities.

Daily Record

Tories slammed over plan to scrap North Sea oil and gas windfall tax

The Scottish Lib Dems said the move shows the Tories 'simply doesn’t care about the people who are struggling to get by' while the Greens called it 'devastating'.

Nottingham Post

Government says windfall tax on energy firms will be removed if prices keep falling

The tax was added when prices soared, but it could soon return to regular levels

Wales Online

Windfall tax on energy firms will be removed if prices keep falling, says UK government

The tax was added when prices soared, but it could soon return to regular levels

The Guardian - UK

Boris Johnson resigns as MP with immediate effect and says he is ‘bewildered and appalled’ at being ‘forced out’ – as it happened

Former prime minister to be suspended for 10 days and will not stand again in Uxbridge and South Ruislip

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