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The Latest Breaking News from Oil

UN Raises Funds to Salvage the Safer Tanker

The United Nations said Wednesday it has raised the $75 million necessary to salvage the Safer, a stricken tanker off Yemen, in an emergency operation aimed at averting a disastrous Red Sea oil spill -- and a potential $20 billion cleanup.

Asharq Al-Awsat

Carbon-neutral dinner party recipes for eco-conscious hosts

If you try to champion a sustainable lifestyle, why not convince your friends, too, with these planet-positive recipes from Lettice Events and Hedsor House

The Independent UK

Oil Rises as Supply Fears Overtake Recession Worries

Oil rebounded on Thursday after sliding 1% in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession. Brent crude futures rose 50 cents, or 0.6%, to $90.33 per barrel by 0319 GMT, recouping their losses in early Asia trade.

Asharq Al-Awsat

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Gasohol E20 poised to be primary fuel at stations

Energy authorities are planning to make gasohol E20 the primary oil fuel at petrol stations in place of gasohol E10, also known as gasohol 91, which will be gradually phased out.

Bangkok Post

Cost-of-living crisis: SDLP seek recall of Assembly to address growing energy costs

The move also follows UK government plans to help with spiralling energy costs for homes and businesses

Belfast Live

The Best Momentum Stock to Buy Before September Ends

Shares of crude oil exploration company Marathon Oil (MRO) have garnered significant investor attention and gained more than 124% over the past year. In addition, the company’s solid financials and profitability make it well-positioned to deliver handsome gains in the near term. Therefore, it could be wise to invest in…

StockNews.com

3 No-Brainer Stocks to Buy if You Have Money to Spend

Raging inflation and the Fed’s commitment to bring it under control with rate hikes are raising recession worries. However, according to BofA, the market could see a rally later this year. Given the macro uncertainties, we think investors should add fundamentally solid stocks Microsoft (MSFT), Merck & Co. (MRK), and…

StockNews.com

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‘Definite parmesan cheese vibes’: how to cook with nutritional yeast

Nutrient-rich and bursting with umami, nutritional yeast flakes have been a vegan cheese substitute for years. Now nooch is going mainstream

The Guardian - AU

Direct air capture: how advanced is technology to suck up carbon dioxide – and could it slow climate change?

Humanity must remove up to 660 billion tonnes of carbon dioxide (CO₂) from the atmosphere by the end of the century to limit global warming to 1.5°C. That’s according to the most recent report by the Intergovernmental Panel on Climate Change (IPCC), which based its estimate on atmospheric CO₂ concentrations…

The Conversation

S&P 500 Rises 0.5%; Crude Oil Falls Sharply

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 100 points on Wednesday.

Benzinga

Russian mobilization hikes urgency of oil price cap -Ukrainian presidential advisor

Russia's first mobilization since World War Two makes more urgent the need for a cap on Russian oil prices to cut off the "blood money" supporting its war in Ukraine, a senior economic adviser to Ukrainian President Volodymyr Zelenskiy told Reuters.

Reuters

West Zone Task Force seize hash oil, ganja

HYDERABAD

The Hindu

Visualising victory For Ukraine And Oil Prices

Back in February, when Russia launched its invasion of Ukraine, a victory for Kyiv would have been almost impossible to imagine. It's the classic David and Goliath. Recent developments on the battlefront, however, are starting to paint a different picture, showing the possibility of Ukraine ending the conflict with a…

Benzinga

Two people killed in massive fire and ‘explosion’ at Ohio BP oil refinery

Facility has been shut down

The Independent UK

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Belfast Live

Cost of living: Energy bill support package for Northern Ireland - what you need to know

A round-up of what you need to know about the major announcements for homes and businesses in Northern Ireland

The National (Scotland)

We can't stop Truss's oil and gas bonanza plans without independence, minister says

SCOTLAND is almost entirely powerless to stop a reported oil and gas licensing bonanza by the UK Government, a minister has said.

The Independent UK

Ohio oil refinery fire kills 2 people; plant shut down

Officials say a fire at an oil refinery in Ohio killed two people and the facility has been shut down

The Independent UK

Oil terminal protesters walk free from court after injunction breach

Police were pulled away from the Queen’s funeral preparations to help arrest demonstrators, a court heard.

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StockNews.com

This Earnings Winner is Our Featured Stock of the Week...

Target Hospitality (TH) is a specialty rental and hospitality services company that has been experiencing big gains in recent weeks. Read more to find out what's driving the stock higher, and why the gains could continue.

The Independent UK

Oil leak from ship off Gibraltar affects fishing, beaches

Gibraltar Port authorities say they are working to mitigate the impact of a new oil leak from a partly sunken ship in its bay area

Asharq Al-Awsat

Saudi Aramco Urges World Unity around New Energy Transformation Plan

President and CEO of Saudi Aramco, Amin bin Hassan Nasser, emphasized the need for a more reliable energy transition plan, in a keynote speech on Tuesday at the Schlumberger Digital Forum. In his speech, Nasser underlined the importance of achieving a new global consensus of views and positions, outlining three…

The Times of India

Explainer: What if US economy goes into recession? How it may impact India

NEW DELHI: The US Federal Reserve is expected to lift interest rates by three-quarters of a percentage point for a third straight time on Wednesday and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation.

Wales Online

Martin Lewis urges UK Government for update on support for non-mains gas customers

Energy customers on LPG, heating oil and those on central heating plans still don't know what support will be available this winter

The Guardian - US

We need to be told the true climate cost of Schumer and Manchin’s pipeline side deal

Democrats hailed the Inflation Reduction Act as a climate crisis victory – so why the secrecy over an oil and gas pipelines bill?

Birmingham Post

Holiday home demand and high oil prices see Rix revenues rise 42 per cent

Hull family business is back above £500m turnover mark after Covid-hit period as staycations help fuel growth

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