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The Latest Breaking News from Oil

Letters to the Editor — May 10, 2022

Negotiate peace

The Hindu

Mid-Afternoon Market Update: Crude Oil Down 6%; Palantir Technologies Shares Slide

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 400 points on Monday.

Benzinga

EU's von der Leyen sees progress in talks with Hungary on Russian oil ban

European Commission President Ursula von der Leyen said on Monday she had made progress in talks with Hungarian Prime Minister Viktor Orban on a possible EU-wide ban on Russian fossil fuels.

Reuters

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Never scrub a sequin! How to care for special occasion clothes

Beading, tulle, lace, and pleats: occasion wear can be difficult to clean and mend but there are tips to make it easier on you – and your dry cleaner

The Guardian - AU

Rupee slumps to all-time low of 77.44 on forex outflows, rising US yields

MUMBAI: Extending its losses for a second day, the rupee on Monday slumped by 54 paise to close at a record low of 77.44 against the US dollar, pressured by the strength of the American currency overseas and unabated foreign fund outflows.

The Times of India

French Court Shortens Jail Sentence for Ex-PM Fillon

A French appeals court on Monday upheld former Prime Minister Francois Fillon's conviction for embezzling public funds, but cut a year off his prison term. Fillon was sentenced in 2020 to five years in jail, three of them suspended, for paying his wife about 1 million euros of public money…

Asharq Al-Awsat

RBI intervenes to defend rupee, ready to do more

NEW DELHI: The Reserve Bank of India (RBI) is intervening in all foreign-exchange markets and will continue to do so to protect the rupee that slid to a record low Monday, said a person familiar with the matter.

The Times of India

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World Martini Day: the best in London, from Dukes Bar to Egerton House

Tyler Zielinski and Mike Daw on the capital’s bartender pushing the boundaries of the cocktail — with a few classics to boot

Evening Standard

Explained: How Sri Lanka economic crisis spiralled out of control

NEW DELHI: The unprecedented economic crisis in Sri Lanka has intensified in the past few days.

The Times of India

Climate crisis: what lessons can we learn from the last great cooling-off period?

The ‘little ice age’ of the 14th to the 19th centuries brought cold winters to Europe and unusual weather globally. Studying how humans adapted could be valuable

The Guardian - UK

Can coal investing be environmentally friendly? A contrarian take on ESG

One of the biggest investment trends over the last several years has been symbolized by a ubiquitous acronym: ESG, or environmental, social and governance.

Los Angeles Times

Agios Nikolaos: wellbeing, water therapy and the bath of Athena on Crete’s east coast

If you’re seeking a destination to help recharge your batteries, look no further than this secluded corner of Greece’s largest island – charging batteries for millenia

The Guardian - UK

5 beauty potions that can be found in kitchen

Kitchen beauty remedies have a separate fan base and if you are a fan of everything DIY found in the pantry, then here are five super ideas to try out.

The Times of India

Three things that can go wrong at an illegal oil refinery in Nigeria

Years of government neglect and unemployment in Nigeria’s Niger Delta region have given rise to a widespread industry of illegally refining stolen oil.

The Conversation

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Texas Observer

How the War in Ukraine Could Slow Texas’ Energy Transition

Europe’s demand for non-Russian energy is supercharging exports.

Benzinga

Executives Buy Around $5M Of 4 Penny Stocks

US crude oil futures traded lower on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading…

Reuters

French court shortens jail term for former PM Fillon - media

A French appeals court on Monday upheld former Prime Minister Francois Fillon's conviction for embezzling public funds, but cut a year off his prison term, media reported.

The Independent UK

Boris Johnson resists calls for windfall tax amid warnings of £1,000 hike in energy bills

ScottishPower boss says current support ‘nowhere near enough’ to cushion blow for households

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Daily Mirror

Google Maps users convinced they've found secret rocket hidden deep in desert

After spotting the odd-looking site deep in the Taklamakan desert people think they've uncovered a hidden Chinese rocket, although others believe there's a much simpler explanation

The Independent UK

How to make spicy sesame and chilli oil noodles

If you’ve seen this viral recipe on TikTok, you’ll want to try this simple recipe, says Joe Yonan

The Independent UK

Easy, let-the-oven-do-the-work recipes for long working days

Letting the oven do its thing gives you more time to enjoy the little things, says Emily Weinstein

Benzinga

President Biden Did Not Consult Global Energy Partners Before Its Massive Reserve Release: Reuters

The International Energy Agency members have become worried that U.S.

The Independent UK

Peruvian beef stir-fry is fusion cooking at its best

Peru’s lomo saltado is fusion cooking at its easiest and most approachable

The Guardian - UK

Thomasina Miers’ recipe for grilled mackerel with herbed pearl barley salad

Grilled mackerel atop a fresh-tasting herby barley salad with a sharp, sweet-sour cucumber ketchup on the side

Daily Mirror

Meghan Markle swears by this Body Shop beauty product that costs £8.50

The Duchess of Sussex has revealed her skincare secret is tea tree oil, which can be used for everything from bites to breakouts

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