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The Latest Breaking News from Oil

VE Day: Three Spam recipes, as sales shoot up ahead of the celebrations

Hard to believe, perhaps, but sales of Spam have recently been rocketing up. Waitrose this week reported that sales of the wartime favourite increased some 48 per cent last week, compared with the same period last year.

Evening Standard

'That spring scent may be poisoning you' – 6 surprising sources of toxic phthalates in your home, and what to replace them with

They’ve recently been linked to heart disease, a study shows

Homes & Gardens

‘A ruthless agenda’: charting 100 days of Trump’s onslaught on the environment

Guardian reporters map out how Trump is eviscerating efforts to protect the natural world – from ‘drill, baby, drill’ to mass firings

The Guardian - US

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Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says

The International Monetary Fund says that countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid

The Independent UK

Crude Prices Plunge on Reports Saudi Arabia Can Sustain a Period of Low Oil Prices

June WTI crude oil (CLM25 ) Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25 ) closed down -0.0393 (-1.91%). Crude oil and gasoline prices on Wednesday extended this week’s sharp losses, with crude sinking to a 3-week low and gasoline tumbling to a 2-week low. Concerns about global...

Barchart

Best miniature paint sets for plein air and travel

Discover the best miniature paint sets for plein air and travel. Find the perfect kit to enhance your outdoor painting experience.

Evening Standard

Forbes laments ‘dark moment’ at Grangemouth but says ‘real progress’ being made

The Deputy First Minister told MSPs Scottish Enterprise has received 66 inquiries related to Project Willow.

Evening Standard

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Fracking-Powered Crypto Mine in Pennsylvania Shuts Down Without Word to Regulators

State inspectors find site abandoned, raising concerns about pollution from unplugged wells across Appalachia.

Capital & Main

Is HRW the Next WTI?

Back in 2025, WTI crude oil famously fell below $0, setting the standard for overwhelmingly bearish commodity markets. With that, another look at the 2025 HRW wheat market.

Barchart

‘Extraordinary volatility’ from tariffs cancels energy deals and freezes M&A

Amplify Energy cancels its "transformational" deal as M&A grinds to a halt.

Fortune

TotalEnergies Profits Drop As Prices Slide

TotalEnergies boosted crude oil production by two percent from the first quarter of 2024, but that wasn't enough to compensate for nine percent drop in the international reference price.

International Business Times

The experts: neurologists on 17 simple ways to look after your brain

Sleep well, swap butter for olive oil, learn a musical instrument – or embrace some other ‘magnificent obsession’. Here is what doctors do themselves to delay the onset of cognitive decline

The Guardian - UK

Crude Oil Prices Fall Sharply on Energy Demand Concerns

June WTI crude oil (CLM25 ) Tuesday closed down -1.63 (-2.63%), and June RBOB gasoline (RBM25 ) closed down -0.0368 (-1.76%). Crude oil and gasoline prices on Tuesday fell sharply, with crude dropping to a 1-1/2 week low. Tuesday's weaker-than-expected US job openings and consumer confidence reports were negative for...

Barchart

Trump's 100-Day Energy Policy Scorecard: Disrupted Markets and Slowed Investment

So much for unleashing American energy.

Reason

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The National (Scotland)

Labour MSPs vote against giving Grangemouth and Scunthorpe equal support

SCOTTISH Labour MSPs have rejected proposals to give Grangemouth oil refinery equal protections to Scunthorpe's British Steel works ...

The National (Scotland)

'Absolutely dreadful': Local representatives react to Grangemouth refinery's last day

LOCAL representatives have called the last day of crude oil production at the Grangemouth oil refinery an “absolutely dreadful day” for Scotland…

Barchart

Weak US Economic Reports Weigh on Crude Oil Prices

June WTI crude oil (CLM25) today is down -1.07 (-1.72%), and June RBOB gasoline (RBM25) is down -0.0331 (-1.58%). Crude oil and gasoline prices today are sharply lower, with crude dropping to a 1-1/2 week low. Today's weaker-than-expected US job openings and consumer confidence reports were negative for economic growth...

Salon

Ditch the pan. Air-fry your salmon

Served with crispy leeks and a briny Italian sauce, this fish dish is your new weeknight obsession

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The Conversation

The world needs climate change leadership – it’s time for China to step up

The second Trump administration has announced various anti-climate policies under its “America first” strategy. Leaving the Paris agreement, kicking off a trade war, shutting down USAid and drilling for more oil and gas will not only undermine the US’s international reputation but will undermine the global effort to combat climate…

The National (Scotland)

'What changed?': Labour MP pans party's broken pledges as Grangemouth refining ends

A SCOTTISH Labour MP tore into broken promises from his party’s leadership in a fiery Westminster speech after it was confirmed that Scotland’s…

The Independent UK

Oil refining comes to an end in Scotland as Grangemouth halts processing work

The industrial site in central Scotland was the last oil refinery operating north of the border.

The National (Scotland)

BP profits tumble after 'planet-wrecking' shift back to oil and gas

BP profits have tumbled in the first quarter of this financial year – as climate campaigners blasted the firm’s move away from green investments…

The National (Scotland)

Grangemouth refinery officially ceases processing crude oil

The Grangemouth refinery has now ceased processing crude oil, its owner Petroineos has confirmed

International Business Times

BP Profit Drops 70% Amid Pivot Back To Oil And Gas

Britain's BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business.

The Guardian - UK

BP green energy chief to exit as it retreats from low-carbon investments

Oil company says Giulia Chierchia will not be replaced after pressure from investors including Elliott

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