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The Latest Breaking News from Oil

From stocks to crypto, a punishing six months for investors

Americans with stock portfolios or retirement investment plans would likely prefer to forget the last six months

The Independent UK

Saudi Arabia Announces Development Projects in Yemen Worth $600 Mln

Saudi Arabia announced on Thursday a number of vital development projects that will be implemented in Yemen, reported the Saudi Press Agency. The Saudi Development and Reconstruction Program for Yemen will implement 17 projects, worth $400 million, that cover six sectors, including energy, transportation, education, water, health, and building state…

Asharq Al-Awsat

Biden says will see Saudi's crown prince, won't push Saudi directly on oil

U.S. President Joe Biden on Thursday said he would see Saudi Arabia's king and crown prince during a visit to the country next month but that the purpose of his trip was not to press them to increase oil output.

Reuters

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Tips to have a beautiful skin this monsoon

Those first drops of blue, the earthy smell of soil, that vibrant look on trees and that grandeur of thunder and lightning, rainy season is truly a sight to behold. The only problem! Nature blooms with ravishing and radiant pride during monsoons, but our skin retreats to looking like a…

The Times of India

Pallone presses White House to reinstate crude oil export ban - Roll Call

House Energy and Commerce Chairman Frank Pallone Jr. called on President Joe Biden to limit oil exports in response to high gasoline prices.

Roll Call

Data | India’s imports from Russia soar amid sanctions

India’s crude oil imports from Russia surged by 286% while coal imports surged by over 345% in the January-April 2022 period

The Hindu

Good blend of flavour and ingredients at Turkish chef Eyüp Kemal’s culinary workshop in Hyderabad

In Hyderabad for a food fest, Turkish chef Eyüp Kemal conducted a culinary workshop

The Hindu

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Biden sued for oil leasing

"Burning fossil fuels from existing leases on federal lands is incompatible with a livable climate"

Salon

OPEC+ may not be much help with high oil, gasoline prices

Oil prices are high, and drivers are paying more at the pump

The Independent UK

Why are we feeding crops to our cars when people are starving?

Modern biofuels are touted as a boon for the climate. But, used on a large scale, they are no more sustainable than whale oil, says Guardian columnist George Monbiot

The Guardian - UK

Oil Rises as Supply Concerns Outweigh US Fuel Stocks Build

Oil prices edged higher on Thursday after dipping in early Asian trade, as concerns about global supply tightness outweighed a build in US gasoline and distillate inventories. Brent crude futures for September, the more actively traded contract, rose 63 cents, or 0.6%, to $113.08 a barrel at 0250 GMT. The…

Asharq Al-Awsat

Country diary: Hermit crab is a rare find on West Country rockpool safari

Wembury, Devon: These crustaceans disappeared after the Torrey Canyon oil spill, only to be rediscovered six years ago

The Guardian - UK

Climate concerns grow as US helps Europe replace Russian gas

President Joe Biden’s point man for global energy problems knows, he says, that transitioning away from the climate-wrecking pollution of fossil fuels is the only way to go

The Independent UK

Five arrested after protesters glue themselves to painting in art gallery

The Just Stop Oil members allegedly targeted a landscape called My Heart’s In The Highlands hanging in the Kelvingrove Gallery.

The Independent UK

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Reuters

Ecuador's Oriente crude exports suspended, Napo flowing amid force majeure

Exports of Ecuador's flagship Oriente crude remain suspended under a force majeure declaration as the spread of anti-government protests hurts oil output, state-run Petroecuador said on Wednesday.

The Independent UK

UK maritime insurers to play key role in slowing Putin’s oil money

Lack of shipping insurance would hamper Russian oil deliveries to non-Western countries

The Independent UK

Biden administration holding its first onshore oil sales

The U.S. government this week is holding its first onshore oil and gas sales from public lands since President Joe Biden took office

Manchester Evening News

Fears price of lager could rise due to war in Ukraine

Ukraine is struggling to export vital ingredients used in the process of making beer

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Benzinga

$1000 Invested In Imperial Oil 20 Years Ago Would Be Worth This Much Today

Imperial Oil (AMEX:IMO) has outperformed the market over the past 20 years by 1.08% on an annualized basis producing an average annual return of 8.08%. Currently, Imperial Oil has a market capitalization of $30.73 billion.

The Independent UK

Climate protesters glue themselves to frame of artwork at Kelvingrove museum

The demonstrators also sprayed the Just Stop Oil logo on to the walls and floor of the Glasgow museum.

Daily Record

Oil protestors glue themselves to painting at Scots art gallery

Protestors say they have taken action because art institutions are failing to challenge the government's plans on new oil and gas.

Glasgow Live

Glasgow Kelvingrove Museum protest sees climate activists glue themselves to painting

Three young protestors from Just Stop Oil have sprayed paint around the Glasgow museum, while two have also glued themselves to the frame of a 19th century landscape painting.

Daily Mirror

Price of lager set to rocket due to Russia's grain blockade, Ukrainian MP warns

Odessa MP Alex Goncharenko - a key ally of President Volodymyr Zelensky - called for the Royal Navy to police a deal allowing grain exports from Black Sea ports

Evening Standard

Time to cut the green rubbish...and deliver a proper energy policy

City Voices: Why we still need fossil fuels

Liverpool Echo

I tried a £6 dupe of the Dior £28 lip oil and 'I'm obsessed'

It made my lips feel amazing

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