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The Latest Breaking News from Oil

Crude Prices Jump as Weekly EIA Crude Inventories Unexpectedly Plunge

July WTI crude oil (CLN23 ) this morning is up +1.35 (+1.85%), and July RBOB gasoline (RBN23 ) is up +4.86 (+1.91%). June Nymex natural gas (NGM23 ) is up +0.056 (+2.41%). Crude oil and gasoline prices this morning are moving higher, with crude posting a 3-week high and gasoline...

Barchart

New Mexico, ‘Climate Champ’ Governor Sued for Oil and Gas Failures

Lawsuit argues the state is not equally upholding environmental protections enshrined in its constitution.

Capital & Main

Here’s Why Murphy Oil (MUR) Might Be Worth Speculating On

Although the hydrocarbon sector hasn’t been off to a great start, upstream player Murphy Oil could be interesting as a possible forward inflation trade.

Barchart

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Just Stop Oil ‘slow marches’ cost Scotland Yard £3.5m in a month

Just Stop Oil’s new tactic of “slow marching” on the roads of London has cost the Metropolitan Police more than £3.5million, the force said on Wednesday.

Evening Standard

OPINION - Interest rates set to rise as inflation falls by less than expected

Today’s inflation figures are akin to a hangover that grows worse throughout the day. You wake up surprisingly chipper, just a sore throat and achy arms. But pretty soon you realise things are heading south, you’re not 21 anymore, and a deep familiarisation with the toilet bowl awaits. Oh, and…

Evening Standard

Air fried chicken

Crisp golden coated chicken breasts cooked in an air fryer to perfection...

GoodToKnow

Canada Wildfires Raise Threat of Another Oil-Sands Shutdown

Energy analyst counsels clients to “pray for rain,” while Fort McMurray residents rehearse lessons learned from the 2016 blaze.

Businessweek

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Brodies opens Middle East office

New Abu Dhabi outpost will primarily focus on locally serving clients in the oil and gas sector

Insider UK

UK inflation: which goods and services have risen most in price?

From olive oil to jam and clothing to transport, how costs have soared

The Guardian - UK

‘Worthless’: Chevron’s carbon offsets are mostly junk and some may harm, research says

Exclusive: investigation finds energy giant’s efforts to offset its huge emissions rely on schemes with little impact

The Guardian - US

Editorial: The Arab world's conspiracy of dictators helps mask egregious rights abuses

What happens way over in the Arab world almost always has an impact here in tangible ways, whether it’s Syrian refugees amassing at the border or setting up residence in St. Louis, or Saudi Arabia teaming with Russia to make global oil prices skyrocket. A lot of readers might have…

St. Louis Post-Dispatch

Coroner warns of cooking oil, heaters after deadly shed fire in Swansea

The death of a 61-year-old in a fire is a "solemn reminder" of the dangers of drying towels on heaters and leaving cooking oil unattended.

The New Daily

Cooking oil, heater warning after deadly shed fire

A coroner has highlighted the dangers of using heaters to dry towels and leaving cooking oil unattended after a fatal shed fire in Tasmania.

AAP

UK students pledge ‘career boycott’ of insurers over fossil fuels

Hundreds of students and graduates vow not to work for ‘climate wreckers that insure those responsible for the climate crisis’

The Guardian - UK

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AAP

Oil that 'confuses' mice offers hope to farmers

A non-toxic method to prevent mice from devouring wheat crops has been shown to drastically reduce seed loss according to new research.

Barchart

Crude Posts Moderate Gains on Comments from Saudi Energy Minister

July WTI crude oil (CLN23 ) on Tuesday closed up +0.86 (+1.19%), and July RBOB gasoline (RBN23 ) closed up +2.11 (+0.83%). Crude oil and gasoline prices Tuesday settled moderately higher, with crude posting a 1-1/2 week high and gasoline climbing to a 5-week high. Crude prices jumped Tuesday after...

Kiplinger

Stock Market Today: Debt Ceiling Anxiety Weighs on Stocks

While a Monday night meeting between Biden and McCarthy was "productive," there are no signs the two sides are nearing a deal.

The Conversation

How to fool a mouse: ‘chemical camouflage’ can hide crops and cut losses by over 60%

For as long as humans have grown our own food, we have battled pest animals that destroy crops and take food for themselves.

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The Texas Tribune

Texas Republicans want to shield oil and gas from federal climate regulations. Their bill would have little impact, experts say.

The bill would direct Texas agencies to not enforce federal regulations on the oil industry if there’s not a similar state regulation. But it likely wouldn’t apply to most federal environmental rules, experts and lawmakers said.

Barchart

Is Chevron a Buy With Latest Deal for Shale Growth?

Chevron’s all-stock deal to buy PDC Energy looks like a slam dunk. The only fly in the ointment for the oil giant is an uncooperative economy combined with a lower price per barrel of oil.

Barchart

Crude Prices Jump after Saudi Energy Minister Warns of Pain to Short Sellers

July WTI crude oil (CLN23 ) this morning is up +1.17 (+1.62%), and July RBOB gasoline (RBN23 ) is up +4.02 (+1.58%). June Nymex natural gas (NGM23 ) is down -0.046 (-1.92%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-1/2 week high and...

The Guardian - AU

Just add milk: how to level up your instant noodles

From a silky ramen with Japanese mayo to cuppa carbonara that’s a ‘crime’ but delicious, there are many ways to make a meal from the humble student staple

Chicago Sun-Times

Shrimp and bulgur salad is fresh, wholesome goodness on a plate

Don’t be intimidated by the lengthy list of ingredients in this recipe. They are essential to building the flavor of the salad, and it’s likely you have many of the components on hand.

Evening Standard

Just Stop Oil protesters clash with drivers as slow marches block London bridges

Tempers flared as activists again blocked roads in the capital as part of an ongoing campaign against Government licences for oil and gas

Reuters

US, EU lawmakers push to depose UAE's Jaber from climate talks

Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec's appointment threatened the integrity of negotiations.

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