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The Latest Breaking News from Oil

Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?

"When people say, 'Oh no, it’s so low,' well, what is it there for? It’s there to help us out."

Fortune

Ukrainian Drones Target Russian Oil Facilities In Border Regions

Recent drone strikes by Ukraine on Russian oil facilities escalate tensions in Europe's conflict. Zelenskyy seeks Western support amid threats from Putin.

Top News

South Africa’s largest oil refinery sold for a few cents: will BP and Shell be held accountable for environmental damage?

The sale of the South African Petroleum Refinery (Sapref), jointly owned by multinational energy companies BP and Shell, to the state-owned Central Energy Fund for R1 (five US cents) raises questions about whether the company is evading its social and environmental liabilities.

The Conversation

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

Ukraine hits Russian oil facilities as President Zelenskyy joins leaders at D-Day events in France

Officials say Ukrainian drones have struck an oil refinery and a fuel depot in Russian border regions

The Independent UK

EV sales boom in Nepal, helping to save on oil imports, alleviate smog

Nepal's abundant hydroelectric power is helping the Himalayan nation cut its oil imports and clean up its air, thanks to a boom in sales of electric vehicles

The Independent UK

Investment in clean energy likely to be double figure for fossil fuels in 2024, IEA says

Low-carbon electricity investment driven by solar projects but oil and gas spending still too high to meet climate goals

The Guardian - UK

After A Bitter Break-up, Trump Makes Up With Billionaire Donors

In an electoral system in which money is the ultimate kingmaker, Donald Trump has been courting the country's billionaires -- and they have their checkbooks ready.

International Business Times

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Ukraine war briefing: Russian oil refinery burns again in drone attack

Ukraine rations power as generation falls far short of needs; US to reportedly release $225m more in weapons, France to sign €650m deal. What we know on day 834

The Guardian - AU

Wild Time-Lapse Video Shows Lucas Oil Stadium Transformation for Olympic Swim Trials

Goodbye backfield, hello backstroke.

Sports Illustrated

Yes, carbon capture and storage is controversial – but it’s going to be crucial

Renewable energy sources such as wind and solar are vital tools to help us make cuts to the 36 billion tonnes of greenhouse gases we emit each year.

The Conversation

Crude Prices Rebound as Oversold Conditions Spark Some Short Covering

July WTI crude oil (CLN24 ) Wednesday closed up +0.82 (+1.12%), and July RBOB gasoline (RBN24 ) closed up +0.41 (+0.17%). Crude oil and gasoline prices on Wednesday recovered from early losses and finished moderately higher. Technical short-covering emerged in crude futures Wednesday after prices fell for five consecutive sessions...

Barchart

Best foaming cleansers to keep your face clean, tried and tested

Frothy formulas that cleanse without stripping

Evening Standard

Ban fossil fuel ads to save climate, says UN chief

Average global temperatures have an 80 per cent chance of increasing by 1.5C in the next five years, the UN warned

The Independent UK

Crude Prices Pressured by Build in Weekly EIA Inventories

July WTI crude oil (CLN24 ) today is down -0.16 (-0.22%), and July RBOB gasoline (RBN24 ) is down -1.42 (-0.60%). Crude oil and gasoline prices today are mildly lower, with crude holding above Tuesday's 4-month low. A stronger dollar today is weighing on energy prices. Crude is also under...

Barchart

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news in one place.

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Woman & Home

Demi Moore proves a classic red mani works for any occasion – especially when paired with this trending nail shape

Want a manicure that suits all occasions while remaining chic? Demi Moore's red squoval nails will be just the ticket...

The Guardian - AU

The power and passion of Midnight Oil: the inside story of the band that changed Australia

A new documentary – more than five years in the making – follows the unforgettable trajectory of one of Australia’s greatest rock bands, who are still radical decades later

The Guardian - AU

Gourd almighty! Alice Zaslavsky’s recipe for pumpkin fritters with spiced chickpea couscous

Anything zucchinis can do, pumpkin can do better, says the cookbook author – including this fuss-free meal of fritters with pickles

Investors Business Daily

Nasdaq, S&P 500 Hit New Highs As Nvidia, Apple Reach $3 Trillion Mark

Volume was running 11% higher vs. the same time Tuesday on the Nasdaq.

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news in one place.

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Fortune

Gas prices may ‘trend lower’ this summer—depending on the hurricane season

Summer demand has yet to fully kick in.

International Business Times

As Investment Drive Falters, Saudi Milks Aramco 'Cash Cow'

A fresh offering of shares in Saudi Aramco, the Gulf kingdom's largely state-owned oil behemoth, comes at a pivotal moment for sweeping economic reforms that have struggled to lure foreign investment.

Homes & Gardens

What smells do rats and mice hate? 5 scents to help deter these pests

From peppermint oil to vinegar and cayenne pepper, these are the smells that rats and mice detest – learn how best to use them to protect your home from these unwanted visitors

The National (Scotland)

SNP not against new oil and gas licences, Kate Forbes says

THE SNP is not against new oil and gas licences, Deputy First Minister Kate Forbes has said.

Barchart

1 Top Energy Stock to Profit from Shale Industry Consolidation

Merger and acquisition activity in the U.S. oil and gas sector has surged to almost $200 billion in the past year. Not surprisingly, the country’s richest shale area - the Permian Basin - has been the focus of much of the activity over the past five years - and with…

The National (Scotland)

Poll reveals SNP voters' views on North Sea oil and gas as party mulls policy switch

LESS than one-third of SNP voters support issuing new oil and gas licences in the North Sea, according to new polling ...

International Business Times

'All Eyes On Papua' Campaign Generates Interest In Deforestation Cases

A campaign seeking to drive support for Indigenous tribes fighting palm oil plantations in eastern Indonesia is spreading widely online after taking inspiration from an AI-generated image of Gaza.

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