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The Latest Breaking News from Oil

BP admits windfall tax will not affect its North Sea investments after all

Executive tells MPs new clarity on levy’s December 2025 end date means it no longer needs to review investments

The Guardian - UK

Libya says oil exports resumed after monthslong hiatus

Libya's National Oil Corporation says it resumed oil exports, ending a monthslong hiatus

The Independent UK

Excited? Gas Prices Dropped 35 Days In A Row And May Hit This Number In Less Than A Month

The national average price of gas is on a steady decline, falling for 35 days in a row.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Five arrested as demonstrators climb motorway signs in climate protest

Just Stop Oil targeted the M25 at various points on Wednesday morning.

The Independent UK

Suncor (SU) Alters Board, Reviews Station Sale Post Elliot Deal

Suncor Energy (NYSE: SU) recently declared that it has entered into an agreement with the activist investment firm — Elliott Investment Management — according to which SU's board of directors will appoint three new independent directors, two of whom will serve on the CEO search committee.

Benzinga

Protect your hair from damage during monsoon

Beautiful rains bring with them a huge relief. Mercury level drops and finally there is respite from torturing summers. Unfortunately, this beautiful weather is the harshest on hair health. Most people experience unusually high hair fall during the monsoon season. High humidity and sweat increases dandruff for many, makes the…

The Times of India

Reliance Industries shares climb over 4%; ONGC jumps 7%

NEW DELHI: Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.

The Times of India

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Italy political turmoil a headache for Europe's central bank

Italy's political turmoil is making life harder for the European Central Bank as it hikes interest rates and raising bad memories of the eurozone debt crisis a decade ago

The Independent UK

The 10 items with the fastest rising price tag - and the reasons why

Prices almost across the board have rocketed over the past 12 months with increases of up to 128%

Wales Online

What is Just Stop Oil? Protesters charged after Theatre Royal play disrupted

A Theatre Royal show on Drury Lane was disrupted after stage invasion on Monday

Evening Standard

Fuel, energy and eight other things rising in price as inflation hits 40-year high

ONS data measuring price indexes has shown that the cost of living crisis is almost at its peak

Chronicle Live

Libya Resumes Oil Exports from Es Sider Port

Libya resumed exporting crude oil from Es Sider port on Thursday, the oil ministry said on Thursday. Libya's Waha Oil Company resumed production at its fields with an initial capacity of 15,000 barrels per day, which is expected to reach 30,000 bpd by the end of the day, the ministry…

Asharq Al-Awsat

Just Stop Oil activists banned from football for Spurs v West Ham pitch invasion

Just Stop Oil protestors who invaded the pitch during a Premier League clash between Spurs and West Ham have been banned from football matches for the next three years.

Evening Standard

Sky-high diesel prices squeeze truckers, farmers, consumers

High diesel prices are driving up the cost of everything, from groceries to Amazon orders and furniture

The Independent UK

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The Independent UK

Just Stop Oil demonstrators climb motorway signs in climate protest

One group of activists began climbing the gantries that support overhead motorway signs at junction 10 eastbound near Cobham, Surrey.

Daily Mirror

The 10 items going up in price the fastest as inflation hits 40-year high

The cost of living crisis is hitting a peak as almost all prices measured by the ONS are going up - here are the goods that are costing you the most, from petrol to insurance

Asharq Al-Awsat

Saudi Arabia Leads Contract Awards in GCC

Saudi Arabia topped the GCC project awards, which improved during the year's second quarter despite global economic challenges caused by supply chain problems and higher oil prices primarily driven by the Russia-Ukraine conflict. Higher crude oil price was the most significant contributor to inflation numbers across countries, including in the…

Asharq Al-Awsat

Saudi Oil Production Capacity at Highest Levels in Over 2 Years

Saudi Arabia's crude oil production grew to 10.538 million bpd in May, rising 0.9 percent from 10.441 million bpd in April.

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news in one place.

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Evening Standard

Just Stop Oil: Eco activists blockade M25 as they declare it a ‘site of civil resistance’ after heatwave

Protesters block M25 in two locations including route to Heathrow Airport Terminal 5 and Dartford Crossing

Daily Mirror

Vladimir Putin gets taste of his own medicine as he's kept waiting by President Erdogan

Ukrainians seized on Turkish President Recep Tayyip Erdoğan's 48-second snub of Vladimir Putin after he arrived in Iran yesterday - a power play often employed by Russia's tyrannical leader

Los Angeles Times

Editorial: Joe Manchin’s dangerous betrayal on climate change will weaken America

Climate change is stoking life-threatening heat and wildfires in Europe while tens of millions of Americans in the South, Southwest and Midwest broil under excessive heat this week. Much of California is under strict outdoor watering restrictions because of severe drought. But President Biden’s best hope for serious climate action…

Tribune News Service

Jay Ambrose: Biden fails, Iran awaits nuclear weaponry

OK, it’s happened, Iran says it can quickly build an atomic bomb if it wants, and thank you oh, so much ex-President Barack Obama for facilitating this achievement with a progressively inane deal throwing sanctions out the window while autocratically skipping a constitutionally required treaty process.

Asharq Al-Awsat

Saudi Arabia Says There Is a Lack of Refining Capacity in Market, Not Oil

Saudi Foreign Minister Prince Faisal bin Farhan stressed on Tuesday the Kingdom's commitment to the stability of energy markets. The Minister said Saudi Arabia is focused on maintaining the stability of oil markets through OPEC+, asserting that dialogue within the group is very active and responds to the requirements of…

The Hindu

Rupee falls 4 paise to 79.96 against U.S. dollar in early trade

Rupee touched the 80-mark briefly on July 18

Bangkok Post

Murder suspect arrested in Songkhla

SONGKHLA: The prime suspect in the murder of one brother and wounding of another in Chumphon province four months ago was arrested at an oil palm plantation in Ranot district in this southern province on Wednesday.

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