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The Latest Breaking News from Oil

Oil producers led by Saudis face a decision on whether to extend production cuts as oil prices lag

Saudi Arabia and allied oil producing countries face a decision on whether to extend production cuts

The Independent UK

Kuwait Names New Crown Prince Amid Political Dysfunction

Sheikh Sabah Khalid Al Sabah appointed as Kuwait's new crown prince amidst political turmoil. Kuwait faces challenges despite its significant oil reserves.

Top News

John Swinney: Labour would cause ‘devastation’ to Scotland's oil and gas industry

A LABOUR government would “lead to the devastation of employment” in the oil and gas industry in north-east Scotland, the First Minister has…

The National (Scotland)

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It's Incredible How Much Horsepower You Can Find By Running Your Engine Low on Oil

Looking for a few extra horses for that final drag race? Just drain some oil from your pan.

Motor1

These Are the Best Black-Owned Beauty Brands to Support for Juneteenth and All Year Long

From small businesses to Rihanna's tried-and-true Fenty empire, here are the best black-owned beauty brands to shop this season and always.

Fashion Times

Vermont to penalize Big Oil for climate

After a summer of disastrous flooding last year, Vermont wants fossil fuel companies to pay for damages

Salon

‘Game-changing’: Vermont becomes first state to require big oil to pay for climate damages

Climate Superfund Act compels oil companies to pay potentially billions of dollars for climate impacts caused by their emissions

The Guardian - US

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Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) today is down -0.79 (-1.01%), and July RBOB gasoline (RBN24 ) is up +0.61 Z(+0.25%). Crude oil prices today are being undercut by demand concerns after the slightly weaker-than-expected US personal spending report. Crude oil prices are also being undercut by today's weakness in...

Barchart

Why the US oil majors may end up doing more for the green transition than their (slightly) more progressive European rivals

The energy transition is not on track to mitigate the effects of climate change. Take the case of Shell, whose shareholders recently voted to decelerate the UK-based oil giant’s climate targets. Shell had planned to cut its “net carbon intensity” by 20% by 2030 and 45% by 2035, but now…

The Conversation

The 8 non-obvious essentials our beauty editor always packs for a holiday

These non-obvious beauty travel essentials will make your getaway much easier...

Woman & Home

UK Labour Pitches New Energy Policy In Election Battle

The UK's Labour opposition launched its flagship clean energy policy Friday, bidding to ease the country's cost-of-living crisis and contrast the party with the ruling Conservatives in the looming general election.

International Business Times

Vermont becomes 1st state to enact law requiring oil companies pay for damage from climate change

Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather

The Independent UK

John Swinney issues warning over Keir Starmer's GB Energy plans

FIRST Minister John Swinney expressed confusion over Keir Starmer’s Great British Energy plans as he warned Labour’s proposals will lead to a…

The National (Scotland)

Vacation's Latest Sunscreen Innovation Will Have You Dressing Up to Go to the Beach

The chic sunblock boasts premium oils for a luxurious liquid gold feel in addition to two levels of illuminating shimmer.

Fashion Times

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Livingetc

How to Get Rid of Soil Mites — Tricks to Keep These "Friendly" Bugs Under Control

These soil-dwelling insects are often helpful to your garden, but not always. Experts say you should follow these methods if you want to get rid of soil mites

The Guardian - UK

UK politics: Diane Abbott free to stand as a Labour candidate, says Starmer – as it happened

Latest from campaign trail sees leader of the opposition head to Scotland, after his visit to Wales

The Independent UK

Oil giant Saudi Aramco offers a second stock tranche worth billions of dollars

Saudi Arabia says it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019

Top News

Citgo Executives Sue Former Employer For 0 Million

Citgo oil executives sue former employer for 0 million after being wrongfully imprisoned in Venezuela. Lawsuit alleges abandonment and lack of support d...

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International Business Times

World's Biggest Companies Snap Up 'Likely Junk' Carbon Offsets: Analysis

Globally recognized companies -- from oil and gas majors to the banking sector and tech -- are contributing to greenwashing by snapping up vast quantities of "likely junk" carbon offsets, a watchdog warned Thursday.

International Business Times

Oil Giant Aramco To Offer Shares Worth Over $10 Bn On Saudi Bourse

Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years.

Barchart

Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) Thursday closed down -1.32 (-1.67%), and July RBOB gasoline (RBN24 ) closed down -5.64 (-2.29%). Crude oil and gasoline prices Thursday closed moderately lower. Concern that interest rates will stay higher for longer sparked risk-off sentiment in financial assets on Thursday and undercut crude...

The Guardian - UK

No need for countries to issue new oil, gas or coal licences, study finds

Researchers say world has enough fossil fuel projects planned to meet demand forecasts to 2050 if net zero is reached

Capital & Main

Texas Has ‘the Most Aggressive’ Well-Plugging Program in the U.S. So Why Is Its To-Do List So Long?

No state has punched more holes in its bedrock than the Lone Star State. The environmental risks are staggering, and so are the clean up costs

Barchart

Crude Prices Weighed Down by Energy Demand Concerns

July WTI crude oil (CLN24 ) today is down -0.80 (-1.01%), and July RBOB gasoline (RBN24 ) is down -3.53 (-1.44%). Crude oil and gasoline prices today are moderately lower. Concern that interest rates will stay higher for longer have sparked risk-off sentiment in financial assets and are undercutting crude...

International Business Times

US Democrats Call For Criminal Probe Into Big Oil Price-fixing

Senate Majority Leader Chuck Schumer and nearly two dozen Democrats called on the Justice Department Thursday to investigate the oil and gas industry over allegations of price-fixing.

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