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The Latest Breaking News from Oil

Russia Shows Grad Multiple Launch Rocket System Unleashing Salvo Before Hastily Changing Location

The BM-21 Grad was first designed in the 1960s in the Soviet Union.

Zenger

Ukrainian Flag Flies Over Snake Island Once More After Shelling Forces Russia To Abandon It

New, graphic video images show the Ukrainian flag flying once more over Snake Island in the Black Sea after Russian troops were forced to abandon it.

Zenger

Dos Santos, Angola’s former president, dies at 79

Angola's former president Jose Eduardo dos Santos, who ruled Africa's second biggest oil producer for nearly four decades, has died aged 79, the Angolan presidency said Friday.

France 24

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Helicopter And Plane Belonging To Putin Ally Seized And Gifted To Ukrainian Armed Forces

A helicopter and an airplane belonging to Viktor Medvedchuk and his family have been seized by Ukrainian authorities and handed over to the Armed Forces.

Zenger

Jose Eduardo dos Santos: won Angola's war and took the spoils

José Eduardo dos Santos, who ruled Angola for nearly four decades, winning a brutal civil war and overseeing an oil-fuelled boom that did little to alleviate poverty, died on Friday. He was 79 years old.

Reuters

Russia Shows Off Its Grad Multiple Launch Rocket Systems

The footage was obtained from the Russian Ministry of Defense (MoD) on the evening of Wednesday, July 6.

Zenger

FTSE 100: Markets cling on with big oil bets

“Boris is to sound economics what Nick Kyrgios is to diplomacy” -- Tim Martin

Evening Standard

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Yellen to push price cap on Russian oil during Asia visit

Treasury Secretary Janet Yellen will travel to Asia this month, her first trip to the Indo-Pacific since becoming head of the agency

The Independent UK

Israel Confirms Lebanon’s Approval of its Share in Karish Gas Field

An agreement put forward by US mediator Amos Hochstein stipulated that Lebanon gain control over the Qana field in exchange for granting Israel full rights in the Karish oil field, well-informed sources in Tel Aviv said. The sources noted that most politicians in Lebanon have voiced support for this agreement,…

Asharq Al-Awsat

Petrol prices: UK watchdog raises concerns over refinery margins

CMA review found ‘on the whole the fuel duty cut appears to have been implemented’

The Guardian - UK

Oil Rises as Market Weighs Tight Supply, Recession Fears

Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up the tight global supply concerns against recession fears. Brent crude futures rose 48 cents, or 0.5%, to $105.13 a barrel by 0630 GMT, after a near 4% rise on Thursday, Reuters…

Asharq Al-Awsat

Sydney beaches covered in filthy debris after Hawkesbury River flooding

Communities in Sydney's north find debris washed up on their beaches from the devastating flooding of the Hawkesbury River, prompting a warning for local residents.

ABC News

Global oil prices have slumped, yet petrol price relief is uncertain

The global oil price slump does not necessarily mean you will pay less to fill your tank.

ABC News

Industry cowers as baht dips again

The Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices.

Bangkok Post

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Salon

Crispy, cheesy two-ingredient fritters

Inspired by tabbouleh, this recipe only needs a handful of ingredients. The secret is to use them smartly

Asharq Al-Awsat

Oil Minister Says Iraq to Act to Annul Kurdish Oil Deals

Iraq’s oil minister said on Thursday the government will take steps to enforce a recent court decision to annul oil contracts the semiautonomous northern Iraqi Kurdish region made with international companies. The minister, Ihsan Abdul-Jabbar Ismail, told The Associated Press the deals, which circumvent the government in Baghdad, are illegal…

The Independent UK

Oil minister says Iraq to act to annul Kurdish oil deals

Iraq's oil minister says the government will take steps to enforce a recent court decision to annul oil contracts in the country's northern Kurdish region

Asharq Al-Awsat

Oil up $5 as Tight Supply Outweighs Recession Fears

Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession. Brent crude futures were up $5.39, or 5.4%, at $106.08 a barrel by 12:23 p.m. EDT (1623 GMT). US WTI crude…

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The Conversation

Ukraine Recap: letter from Kyiv and despatches from the war zone

For the duration of the war in Ukraine, we’ve received regular military updates from Frank Ledwidge, an expert in military strategy at the University of Portsmouth. A few weeks ago Ledwidge got in touch to say that he was moving temporarily to Kyiv, where he is a visiting fellow with…

Al Jazeera

US basketball star Griner pleads guilty in Russian drug trial

WNBA player Brittney Griner says she was in a rush to pack and accidentally put cannabis oil in her luggage.

Tribune News Service

Brittney Griner pleads guilty to drug charges in Russian court

WNBA star Brittney Griner pleaded guilty Thursday to controversial drug charges in Russia after she was allegedly caught with cannabis oil in her luggage at a Moscow airport.

Benzinga

Brittney Griner Pleads Guilty, Biden Lashes Out Over Her Detention, Russia Calls It 'Hype,' What's Next?

Brittney Griner pleaded guilty to drug charges as her trial continued in a Russian court on Thursday. She admitted to bringing cannabis oil into the country saying she had packed in a hurry and did not intend to break the law.

The Guardian - UK

A blockchain tool that helps track sustainability, from palm oil to plastics

New technology means companies can monitor materials from the start of their production journey to the end of their lifespan

Irish Mirror

Gardaí issue warning and advice to homeowners after spate of home heating oil thefts

"The position of the tank can have a significant effect on how a thief views how hard a target is."

The Independent UK

Ukraine war helps push 71 million into poverty due to soaring food and oil prices, UN says

The United Nations Development Programme warns the cost of living impact ‘almost without precedent in a generation’

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Kriengkrai Thiennukul

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