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The Latest Breaking News from Oil

King Charles III coronation: What happens in sacred anointing ceremony?

The coronation will take place on Saturday 6 May 2023

The Independent UK

Oil giant BP makes £4bn profit in three months despite rise in fuel prices

The huge quarterly profit figure has led to critics claiming the profits are undeserved while many are struggling to heat their homes due to rising fuel costs.

Wales Online

BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax

Oil and gas company beats analysts’ forecasts, with profits reaching $5bn in first three months of year

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

TV tonight: murder, fire and oil barons – a busy first day back for Perry Mason

The depression-era drama returns for a second series. Plus: Leomie Anderson fronts Glow Up. Here’s what to watch this evening

The Guardian - UK

Green investment funds pushing money into fossil fuel firms, research finds

BlackRock and L&G among asset managers using funds with ESG label to invest in coal, oil and gas

The Guardian - UK

Data | Russia’s exports to India rise further, trade deficit balloons

India accounts for more than 70% of the seaborne supplies of the grade so far this month and China for about 20%

The Hindu

Labour calls for energy firms to pay more tax on £60m-a-day profits

Party wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK households

The Guardian - UK

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Energy giants raking in £60 million a DAY in profit as Tories ignore windfall tax demands

The Government has been accused of giving these companies “generous and untargeted handouts” by Labour as millions struggle through the cost of living crisis.

Daily Mirror

Crude Oil Prices Retreat on Dollar Strength and Chinese Economic Concerns

June WTI crude oil (CLM23 ) on Monday closed down -1.12 (-1.46%), and June RBOB gasoline (RBM23 ) closed up +2.03 (+0.80%). Crude oil prices Monday settled lower. A rally in the dollar index Monday to a 1-1/2 week high undercut energy prices. Also, Chinese economic concerns weighed on crude...

Barchart

Canada's oil province Alberta schedules election for May 29

Canada's main oil-producing province Alberta will hold its election on May 29, a vote expected to be a tight race between Premier Danielle Smith's ruling United Conservative Party (UCP) and Rachel Notley's left-leaning New Democratic Party (NDP).

Reuters

Crude Falls on Dollar Strength and Concern About China's Recovery

June WTI crude oil (CLM23 ) this morning is down -1.34 (-1.75%), and June RBOB gasoline (RBM23 ) is down -0.16 (-0.06%). June Nymex natural gas (NGM23 ) is down -0.101 (-4.19%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure from a stronger...

Barchart

Copper Falls Below $4 per Pound

Many market participants remain bullish on the prospects for copper prices as Goldman Sachs and other analysts continue to call the red industrial metal the new crude oil. Copper is a critical input in green energy initiatives, boosting demand in an environment where inventories have declined, and new production will…

Barchart

What if George W. Bush was right?

Bush’s infamously premature claim unraveled as combat escalated between Iraqi insurgents and occupying forces

Salon

How to make Indonesian sambal prawns with coconut and cashews

You only need a handful of kitchen staples to create this spectacular dish with warmth and salty sweetness, says Prudence Wade

The Independent UK

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news in one place.

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Daily Mirror

Vandals 'destroy 20 cars', pour oil over seats and slash tyres in bizarre town attacks

Residents have been left completely fed up after a strange spate of vandalism has seen a number of cars completely destroyed, with some victims reporting oil being poured over driving seats and excessive graffiti on the cars' paint

StockNews.com

Sector Investors: This Industry Is the Best Bet in 2023 and 3 Stocks Pointing You in the Right Direction

After a strong 2022, the energy sector could show strength this year as well due to production cuts by OPEC+, the long lead time to ramp up new supply and refining capacity, and the revival of demand in China. Therefore, it could be wise to buy fundamentally strong energy stocks…

Dublin Live

TikTok users left mind-blown after discovering real use of plastic pull tab on olive oil lids

Don't toss that ring pull from your olive oil bottle just yet

The Guardian - UK

Does the UK really need to drill for more North Sea oil and gas?

Ministers are weighing up a new gasfield but is more UK fossil fuel production necessary or desirable given its climate commitments?

Get all your
news in one place.

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One news app.

Daily Record

Vandals destroyed 20 cars in crime spree leaving locals furious

It is alleged that tyres have been slashed, windows smashed and seats covered in oil during the senseless attack.

Manchester Evening News

Fury as vandals destroy over TWENTY cars in a matter of days in sudden crime surge

'On Thursday night someone had all four tyres slashed and oil poured all over the inside of their car'

The Guardian - US

Indigenous community in Colombia gets its day in court over ‘ancestral land’

The U’wa people’s case against the Colombian government could help protect the environment across Latin America

The Independent UK

King Charles III coronation: What happens in sacred anointing ceremony?

The coronation will take place on Saturday 6 May 2023

The National (Scotland)

North Sea oil and gas profits must be reinvested in Scotland, SNP say

The SNP has said profits from North Sea oil and gas must be reinvested in Scotland, accusing Westminster of “hoarding” Scotland’s…

Liverpool Echo

Liverpool hairdresser delivers verdict on hair oiling TikTok trend

It has become very popular but does it actually work?

Reuters

Oil depot fire part of Ukraine's preparation for counter-offensive - military

Undermining Russia's logistics is one of the elements of preparation for the expected Ukrainian counter-offensive, a Ukrainian military spokeswoman said on Sunday, after a fire destroyed a large Russian fuel depot in Crimea.

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