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The Latest Breaking News from Oil

Shell urged to clarify climate targets as it braces for shareholder rebellion

NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM

The Guardian - UK

Cop29 at a crossroads in Azerbaijan with focus on climate finance

Fossil-fuel dependent country hopes to provide bridge between wealthy global north and poor south at November gathering

The Guardian - UK

Senegal's PM Sonko questions future of French military presence in Dakar

Senegalese Prime Minister Ousmane Sonko has raised the possibility of closing French military bases in the West African country in a wide-ranging speech that also touched on the euro-backed CFA franc currency, oil and gas deals and LGBTQ+ rights.

Radio France Internationale

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This deliciously simple chicken supper is perfect for summer evenings

Take your cooking up a notch this summer with Tesco Finest

Woman & Home

This is what Fred Sirieix cooks in an air fryer

From buffalo cauliflower bites to Cajun prawns, the First Dates maitre d’s recipes show how easy it is to cook delicious food in the nation’s favourite kitchen gadget

The Independent UK

One advanced stat to know for each Seattle Seahawks draft pick

USA Today Sports Media Group

Asian Shares Mixed As China Announces Property Market Measures

Asian and U.S. stock markets show mixed performance influenced by economic data, company reports, and market stimuli. Oil prices rise, U.S. dollar strengthens.

Top News

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Can you control your image? Gina Rinehart, King Charles and ‘moral portraits’

“She’s no oil painting”.

The Conversation

PM must explain why his government scrapped Backward Region Grant Fund: Congress

Congress questions PM Modi on scrapping Backward Regions Grant Fund, neglecting mentha farmers, and inactive Budhwal Sugar Mill.

The Hindu

UK government adviser on disruptive protest accused of conflict of interest

John Woodcock, whose review proposes bans for protest groups, has lobbying links to firms in arms and fossil fuel sectors

The Guardian - UK

Union urges Labour not to ban new North Sea licences without plan for jobs

Unite launches bid to persuade Keir Starmer to invest more in north-east Scotland

The Guardian - UK

US To Prioritize Existing Investors For Venezuela Oil Licenses

US plans to prioritize existing investors for Venezuela oil licenses, impacting the industry significantly.

Top News

Oil, Gas Groups Sue To Block US Drilling Fee Increase

Oil and gas industry challenges Biden's proposed drilling fee increase on public lands, sparking debate over environmental conservation and economic interests.

Top News

Chevron to sell off its remaining North Sea oil and gas fields

US company denies decision is linked to UK’s 35% windfall tax on North Sea producers

The Guardian - UK

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Barchart

Crude Posts Moderate Gains on Tight Supplies and US Energy Demand Optimism

June WTI crude oil (CLM24 ) on Thursday closed up +0.60 (+0.76%), and June RBOB gasoline (RBM24 ) closed up +4.10 (+1.64%). Crude oil and gasoline settled moderately higher on Thursday. Crude has carryover support from Wednesday's weekly EIA report, which showed declines in crude and gasoline supplies. Also, Thursday's...

The Independent UK

Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing

A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and cooler temperatures sweep through the area

The Guardian - UK

Pa-rental guidance benefits charities

Letters: Charging children rent | Keffiyehs and kippahs | A well-oiled cyclist | Sex (and other) education | 100-year mortgages

Barchart

Crude Gains on Tight Supplies and US Energy Demand Optimism

June WTI crude oil (CLM24 ) this morning is up +0.43 (+0.55%), and June RBOB gasoline (RBM24 ) is up +3.00 (+1.20%). Crude oil and gasoline prices this morning are moderately higher. Crude has support from today's rally in the S&P 500 to a new record high, which shows optimism...

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Barchart

Marathon Oil Stock: Analyst Estimates & Ratings

Marathon Oil has underperformed the broader market this year, but Wall Street analysts are optimistic about the stock’s recovery potential.

The Guardian - US

Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum

The Guardian - UK

‘Just by breathing we are contaminated’: schoolgirls fight to extinguish Ecuador’s gas flares

A group of determined teenagers has taken the government to court for not doing more to protect their community from the noxious byproduct of oil extraction in the northern Amazon

WEKU

Barge hits bridge connecting Galveston and Pelican Island, causing oil to spill

The collision's impact sent pieces of the bridge, which connects Galveston to Pelican Island, tumbling on top of the barge and shut down a stretch of waterway so crews could clean up the spill.

The Independent UK

MPs urge Sunak to stop plans to ‘max out’ North Sea oil

Cross party MPs wrote to Rishi Sunak to end the current approach to North Sea oil and gas

Top News

Oil Prices Surge Due To Slower US Inflation And High Demand

Learn about the factors driving the recent surge in oil prices, from global demand to geopolitical tensions.

Barchart

Grain Markets: Will Global Production Issues Continue to Push Wheat Prices Higher?

In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets.

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