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The Latest Breaking News from Oil

AAP Rolling News Bulletin June 1, 1100

AAP Rolling News Bulletin for June 1 at 1100

AAP

Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Oil prices surged over 2% as intensified fighting between Israel and Hezbollah in Lebanon overshadowed hopes for a ceasefire extension with Iran. Stepped-up conflict, despite a prior truce, dimmed expectations for a deal, while concerns over mines in the Strait of Hormuz further tightened supply outlooks.

The Economic Times

AAP Rolling News Bulletin June 1, 1030

AAP Rolling News Bulletin for June 1 at 1030

AAP

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AAP Rolling News Bulletin June 1, 1000

AAP Rolling News Bulletin for June 1 at 1000

AAP

AAP Rolling News Bulletin June 1, 0930

AAP Rolling News Bulletin for June 1 at 0930

AAP

Woman Goes To Walmart For An Oil Change. Then She Overhears The Manager: ‘I Have Been Here An Hour And 30 Minutes'

"It’s all Walmarts."

Motor1

AAP Rolling News Bulletin June 1, 0900

AAP Rolling News Bulletin for June 1 at 0900

AAP

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Wall Street may have solved a nagging mystery in global oil markets as doomsday scenarios have yet to arrive

China has quietly emerged as the global oil market's stealthy swing consumer, potentially holding off doomsday a while longer.

Fortune

AAP Rolling News Bulletin June 1, 0830

AAP Rolling News Bulletin for June 1 at 0830

AAP

AAP Rolling News Bulletin June 1, 0800

AAP Rolling News Bulletin for June 1 at 0800

AAP

AAP Rolling News Bulletin June 1, 0730

AAP Rolling News Bulletin for June 1 at 0730

AAP

AAP Rolling News Bulletin June 1, 0700

AAP Rolling News Bulletin for June 1 at 0700

AAP

AAP Rolling News Bulletin June 1, 0630

AAP Rolling News Bulletin for June 1 at 0630

AAP

AAP Rolling News Bulletin June 1, 0600

AAP Rolling News Bulletin for June 1 at 0600

AAP

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AAP

AAP Rolling News Bulletin June 1, 0530

AAP Rolling News Bulletin for June 1 at 0530

The Economic Times

Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flows

India's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create significant challenges. Inflation is rising while growth slows. The committee must navigate these uncertainties to set interest rates. The government is already taking steps to manage the economy. The committee's…

AAP

AAP Rolling News Bulletin June 1, 0500

AAP Rolling News Bulletin for June 1 at 0500

AAP

AAP Rolling News Bulletin June 1, 0430

AAP Rolling News Bulletin for June 1 at 0430

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International Business Times

EU May Freeze Price Cap On Russian Oil Purchases As Iran Turmoil Continues

The hopes of an end to the conflict are also not concrete, given the back-and-forth negotiations between the Trump administration and the Iranian regime.

AAP

Ukraine drones hit Russian pipeline, refinery and depot

Ukrainian President Volodymyr Zelenskiy says the country's forces have struck a Russian oil refinery "700km from the front line".

The Guardian - UK

The Guardian view on the Aberdeen South byelection: the politics of energy take centre stage

Editorial: While Westminster’s attention is focused on Andy Burnham and Makerfield, another pivotal byelection is taking place in Scotland’s north-east

France 24

Ukraine hits Russian energy targets, denies striking Zaporizhzhia nuclear plant

Ukrainian drones struck targets across several Russian regions overnight from Saturday, including an oil pumping station, a refinery and a fuel depot, Russian and Ukrainian authorities said Sunday. Kyiv however denied Moscow's claims that a Ukrainian drone struck the Zaporizhzhia nuclear plant in Russian-occupied Ukraine.

The Times of India

Ukrainian drones hit oil depot, key pipeline facility in Russia

Ukraine said on Sunday that its drones struck a major oil pipeline dispatch station and an oil depot deep inside Russia, as Kyiv continued to expand long-range attacks on Moscow's energy infrastructure more than four years into the war.

International Business Times

US Warns Of Sanctions Risk If Deals On Strait Of Hormuz Passage Are Struck

The Strait of Hormuz is a key waterway that connects the Persian Gulf to the rest of the world though which a fifth of the world's energy transit was routed. After the US-Israeli strikes began on February 28, the passage of vessels through the Strait has been hit, severely disrupting…

Euronews

Russia launches fresh strikes on Ukraine, Kyiv hits refinery hub

In response to Russian shelling of Ukrainian territory, Ukrainian forces launched a series of powerful strikes on strategically important Russian oil infrastructure.

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