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The Latest Breaking News from Oil

Indonesian farmers support palm oil export ban

JAKARTA: Indonesia's Oil Palm Farmers Union said on Sunday it supported the government's ban on palm oil exports, calling it a temporary measure that was needed to ensure supply and affordability of cooking oil in the domestic market.

Bangkok Post

A divided France and a Germany unsure of its identity threaten Europe’s future

In a time of multiple crises and dangers, the EU needs urgently to recover a sense of common purpose

The Guardian - UK

Morrisons apologises for low availability of meat and lettuce

The store blamed supply issues on "low availability"

Wales Online

From analysis to the latest developments in health,
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Saudis’ Biden snub suggests crown prince still banking on Trump’s return

Refusal to help US punish Russia and $2bn investment in Kushner fund signal crown prince’s displeasure with Trump’s successor

The Guardian - US

China promotes coal in setback for efforts to cut emissions

China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings that Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source

The Independent UK

Trump repeats 2020 election lies and rants about dishwashers at Ohio rally for JD Vance

Trump and Ohio Senate candidate JD Vance falsely claim Joe Biden is still allowing oil imports from Russia despite signing an order banning them last month

The Independent UK

Labour demands emergency cost-of-living Budget as NI rise felt in pay packets

Labour is pushing for a one-off windfall tax on oil and gas producer profits to help cut household bills by up to £600.

The Independent UK

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Brits could see food bills rising by £1,000 a year amid cost of living crisis

Retail expert Clive Black says food prices have risen by up to 12%, putting the average family’s food shop of £150-£200 up by around £20 a week. The steep rise adds up to more than £1,000 over a year

Daily Mirror

Explosion at Nigerian illegal oil refinery kills more than 100

Unemployment and poverty in oil-producing Niger Delta has made illegal crude refining an attractive but deadly business.

Al Jazeera

Sydney's Chinese-Australians buying food for family in lockdown in Shanghai

Sydney residents are securing food for their families in Shanghai, who continue to live under strict lockdown rules because of a COVID-19 Omicron outbreak.

ABC News

Zelenskiy’s economic guru: ‘Germany can survive without Russian oil: I wouldn’t want my country facing the shame’

Exclusive President Zelenskiy’s economic adviser, Oleg Ustenko, tells of his fury at how Europe’s refusal to act is piling more misery on Ukraine

The Guardian - UK

Countries buying Russian oil ‘complicit in war crimes’ says Ukraine adviser

Oleg Ustenko lashes out at ‘unacceptable’ failure to impose complete embargo on Russian imports

The Guardian - UK

Sanctions Hit Russian Economy, Although Putin Says Otherwise

Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West. While Russia can claim some symbolic victories, the full impact of Western sanctions is starting to be felt in very real ways. As the West moved to cut off…

Asharq Al-Awsat

Explosion at Illegal Oil Refining Depot in Nigeria Kills over 100

An explosion at an illegal oil refining depot in Nigeria's Rivers state killed over 100 people overnight, a local government official and the NGO Youths and Environmental Advocacy Centre (YEAC) said on Saturday. "The fire outbreak occurred at an illegal bunkering site and it affected over 100 people who were…

Asharq Al-Awsat

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Salon

Historians to Trump: You're fired!

"The Presidency of Donald J. Trump" offers a wealth of valuable perspectives — but fails to measure the danger

The Independent UK

Nigeria explosion: ‘More than 100 people killed’ in blast at illegal oil refinery

Victims were ‘burnt beyond recognition’ according to officials

Reuters

Blast at illegal Nigerian oil refinery kills more than 100 people

Charred bodies were left scattered among burnt palms, cars and vans on Sunday after a weekend explosion which killed more than 100 people at an illegal oil refining depot on the border of Nigeria's Rivers and Imo states.

The Hindu

The problem of poor patronage

Industrial units on the banks of NW III canals in Kochi are yet to make use of it to transport chemicals, LPG etc.

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The Independent UK

Sanctions hit Russian economy, although Putin says otherwise

Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West

Bangkok Post

Fire guts luxury yacht in Phuket

PHUKET: A luxury catamaran was gutted by a fire and sank at Phuket Yacht Haven Marina in Thalang district on Saturday afternoon, with damage estimated at 16 million baht.

The Guardian - UK

Poached leeks, steamed broccoli and cheesy gratin: Joe Woodhouse’s spring veg recipes

A celeriac gratin with parsley-parmesan crust, poached leeks with grated egg and crisp fried capers, and a side of steamed broccoli in cider vinaigrette

Los Angeles Times

Drought boon or boondoggle? Critics blast Poseidon desalination plan as crucial vote looms

LOS ANGELES — Among the many complex arguments over water in California, one particularly heated debate centers on whether the state should seek more drinking water from a plentiful but expensive source: the Pacific Ocean.

Wales Online

Welsh morning headlines: News, Ukraine and sport as coronavirus rates fall in Wales

All the latest news you need for your Saturday

Evening Standard

Iceland rations sunflower oil sales to one bottle per customer as supplies are hit by Ukraine war

The price of cooking oils has gone up 7% and is nearly a quarter more expensive than a year ago

Asharq Al-Awsat

Yemen in the Grips of Optimism

It may be naive to speak of optimism seven years since the coup by the Iran-backed Houthi militias and the consequent eruption of the war. The recent changes however, have led to optimism because they have allowed the Yemenis to draw up scenarios that may have been impossible up until…

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