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The Latest Breaking News from Oil

Indonesian ExxonMobil accusers get day in court after 21 years

US judge clears way for trial over alleged human rights abuses by the oil giant during the late 1990s and early 2000s.

Al Jazeera

Oil Steady as Demand Concerns Offset US Crude Stock Drawdown

Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles. Brent crude futures were at $104.55 a barrel at 0640 GMT, up 15 cents, or 0.1%.

Asharq Al-Awsat

Live: Three Ukrainian ports resume work following deal on grain exports

Three Ukrainian Black Sea ports resumed work Wednesday, Ukraine's navy said, following a UN-backed deal aimed at releasing 25 million tonnes of cereals stuck in Ukraine. Russian energy giant Gazprom cut gas deliveries to Europe via the Nord Stream pipeline to about 20 percent of its capacity, German authorities said.…

France 24

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Westpac’s climate targets blasted by activists despite tougher stance on fossil fuels

Bank tightens rules on financing coal, oil and gas projects but environmental groups say it’s not enough

The Guardian - AU

PTT signs 20y LNG purchase contract

National oil and gas conglomerate PTT Plc has signed a 20-year purchase contract for liquefied natural gas (LNG) with Cheniere Energy Inc, a subsidiary of US-based Corpus Christi Liquefaction LLC.

Bangkok Post

Yellen discusses price cap on Russian oil with UK's Zahawi - U.S. Treasury

U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to reduce the impact of the war in Ukraine on global energy prices.

Reuters

US senators call for sanctions on Russian oil sales to China

Senator Marco Rubio wants the U.S. to sanction China’s purchases of oil and other energy supplies from Russia in an effort to cut off funding for that country’s war against Ukraine.

Tribune News Service

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I Will Pour Boiling Oil Over The New Robot Police Dog In WA

Australia now has its first Boston Dynamics robot police dog — the one that inspired that horrifying Black Mirror ep — on WA's Police force.

Pedestrian.tv

Jim Harbaugh on Michigan's QB battle: 'The best player is going to play'

INDIANAPOLIS — Michigan coach Jim Harbaugh took the podium at Big Ten media days with the Wolverines' 2021 Big Ten championship banner hanging in Lucas Oil Stadium just to his left.

Tribune News Service

Seeing silver linings

When the 11th White Elephant Art Award announced its theme "Endless Giving", people in Thailand were facing a difficult time due to lockdown measures to control the spread of Covid-19. Artist Ananyot Jannual said it was so difficult to think about "endless giving" at that time because almost everyone was…

Bangkok Post

Michael Pascoe: Business isn’t wasting a good crisis while China plays the long game

Ampol’s increased refinery profits, the price of bread in Britain, environmentalists making coal miners richer and China selling its US Treasuries stash.

The New Daily

Imperial (IMO) To Report Q2 Earnings: Is A Surprise In Store?

Imperial Oil Limited (NYSEAMERICAN: IMO) is set to release second-quarter results on Jul 29. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $2.14 per share on revenues of $16.7 billion.

Benzinga

Petrobras (PBR) Output Down, Refinery Utilization Up At 97%

The Brazilian state-owned oil major Petrobras' (NYSE: PBR) oil production dropped in the second quarter due to divestments along with an increase in work stoppages. The company's refinery utilization rate, however, was at a high of 97%.

Benzinga

Crude Oil Drops 1%; General Motors Earnings Miss Views

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping more than 200 points on Tuesday.

Benzinga

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Irish Mirror

Car dashboard warning lights and what they mean before your summer road trip

The colours of the car warning lights you need to be concerned about are orange and red, as these lights indicate a problem.

Al Jazeera

Saudi Arabia, Greece to sign energy deal, Crown Prince MBS says

Saudi’s Mohammed bin Salman is visiting Greece and France on a his first EU visit since the murder of Jamal Khashoggi.

The Independent UK

Budget bites: Take an affordable trip to Greece from your kitchen

In a new column, we take the stress out of cooking during the cost of living crisis, writes Hannah Twiggs. First stop: Greece

Liverpool Echo

CCTV footage shows 'sophisticated' thieves targeting village pub

The pub is known for being at the 'heart of the community'

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France 24

Saudi prince visits Greece, then heads to France in first EU trip since Khashoggi killing

Saudi Crown Prince Mohammed bin Salman (MBS) arrived in Greece Tuesday and is due to head to France later in the week, his first European Union trip since the 2018 killing of Saudi journalist Jamal Khashoggi.

Daily Mirror

Sand & Sky launch Oil Control range that’s perfect for acne prone skin - plus get 15% off!

Say so long to shine and break up with breakouts with Sand & Sky’s new Oil Control Range - the latest range from the Aussie skincare brand that had a waitlist of 15,000 people!

StockNews.com

The 3 Best Stocks to Hedge Against Inflation

With inflation at a multi-decade high and the Fed’s aggressive interest rate hikes increasing the odds of a recession, the stock market is expected to remain highly volatile in the upcoming months. So we think investing in fundamentally sound stocks Coca-Cola (KO), Marathon Oil (MRO), and Weis Markets (WMK) could…

StockNews.com

4 Energy Stocks to Buy in 2022

The persistent macroeconomic and geopolitical headwinds have injected immense volatility into the energy market. Concerns about the demand-supply instability and Russia's gas squeeze will likely keep energy prices up. Thus, it could be wise to invest in fundamentally sound energy stocks Via Renewables (VIA), Genie Energy (GNE), FirstEnergy (FE), and…

Daily Mirror

The 9 companies helping you add CBD to your daily routine

From pouches to gummies and everything in between, here are some different ways you can add CBD to your daily routine

The Independent UK

Treat yourself to scallops with crispy chorizo for dinner tonight

A bit of spicy sausage tossed into savoury dishes can mean the difference between fine and oh my, delicious, writes Ann Maloney

The Independent UK

Our top 20 salad recipes to keep you going through summer

Cathy Lo gives you loose formulas for our favourite combinations – go ahead and make these your own

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