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The Latest Breaking News from Oil

Crude Prices Sink on Global Energy Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -3.60 (-4.76%), and June RBOB gasoline (RBM23 ) is down -10.65 (-4.18%). June Nymex natural gas (NGM23 ) is down -0.104 (-4.49%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 5-week low and gasoline...

Barchart

Calls for ‘loophole’ to be closed as BP profits are £500m ahead of expectations

Enormous earnings are the ‘unearned, unexpected windfalls of war’, says Labour shadow energy secretary Ed Miliband

The Independent UK

Sardine surge startles fishermen in Kochi as scientists take a close look

A resident said that the flood of oil sardines was noticed both at the sea mouth near Fort Kochi and Vypeen and the phenomenon lasted for about two hours during which period people were easily picking up the fish with bare hands.

The Hindu

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Witnesses sought after Just Stop Oil activist’s foot ‘run over’

A person ‘was involved in a collision’ while ‘engaged in a protest’, police said

Evening Standard

Titans drop another teaser video for Oilers throwbacks reveal

The Titans dropped another teaser video for Oilers throwbacks on Tuesday morning.

USA Today Sports Media Group

Nagaland tribal body makes oil exploration conditional

There can be no exploration without the consent of the stakeholders, the NTC said.

The Hindu

Mercedes-Benz Dealer Charges EQA EV Owner For "Engine Oil Change"

A Mercedes-Benz EQA owner from Australia was surprised to see that the invoice issued by a dealership after service included "engine oil and filter charge."

InsideEVs

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SNP and Labour slam Tories after BP profits are £500m more than expected

The oil giant said it made just under £4 billion in underlying replacement cost profit between January and March.

Daily Record

BP posts $5B quarterly profit on strong oil and gas trading

British energy giant BP has posted strong quarterly profit numbers even as energy prices that soared after Russia’s war in Ukraine last year have eased off

The Independent UK

Let’s Make-Up: the new beauty launches to have on your radar in May 2023

Our series where we fill you in on the buzziest beauty launches to know this month

Evening Standard

Three missing from burning tanker off Malaysia

Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a Malaysian maritime enforcement agency official said on Tuesday.

Bangkok Post

BP reports blockbuster profit for the first quarter but slows from 2022’s record-breaking pace

Shares in the FTSE 100 oil major fall as rate of share buybacks also eases

Evening Standard

Egypt Hikes Prices of Subsidized Goods, Bread Unchanged

The Egyptian government has raised the prices of most of the subsidized goods sold to more than half the population starting from Monday. According to a document sent by Egypt’s Supply Ministry to store owners, the hikes included a bottle of vegetable oil increasing to EGP 30 ($0.97) from EGP…

Asharq Al-Awsat

How to clean a wooden cutting board and get rid of stains

Prep your foods safely with these simple ways to clean a wooden cutting board and keep it stain-free.

Tom’s Guide

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Insider UK

BP profit more than £500 million higher than expected

Just under £4bn of profit was reported between January and March, due to strong performance in oil trading

Evening Standard

Just Stop Oil to march near Westminster Abbey every day until King’s Coronation

The protests are being held a stone’s throw from where the coronation will take place on Saturday

The National (Scotland)

Oil giant BP profit more than £500m higher than expected

OIL giant BP’s profit was more than half a billion pounds higher than expected in the first three months of the year as the business continued to…

The Independent UK

King Charles III coronation: What happens in sacred anointing ceremony?

The coronation will take place on Saturday 6 May 2023

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Wales Online

Oil giant BP makes £4bn profit in three months despite rise in fuel prices

The huge quarterly profit figure has led to critics claiming the profits are undeserved while many are struggling to heat their homes due to rising fuel costs.

The Guardian - UK

BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax

Oil and gas company beats analysts’ forecasts, with profits reaching $5bn in first three months of year

The Guardian - UK

TV tonight: murder, fire and oil barons – a busy first day back for Perry Mason

The depression-era drama returns for a second series. Plus: Leomie Anderson fronts Glow Up. Here’s what to watch this evening

The Guardian - UK

Green investment funds pushing money into fossil fuel firms, research finds

BlackRock and L&G among asset managers using funds with ESG label to invest in coal, oil and gas

The Hindu

Data | Russia’s exports to India rise further, trade deficit balloons

India accounts for more than 70% of the seaborne supplies of the grade so far this month and China for about 20%

The Guardian - UK

Labour calls for energy firms to pay more tax on £60m-a-day profits

Party wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK households

Daily Mirror

Energy giants raking in £60 million a DAY in profit as Tories ignore windfall tax demands

The Government has been accused of giving these companies “generous and untargeted handouts” by Labour as millions struggle through the cost of living crisis.

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