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The Latest Breaking News from Oil

Labour accused of treating Scotland as 'afterthought' amid British Steel plans

LABOUR have been accused of treating Scotland as an “afterthought” after the UK Government announced plans to pass emergency legislation to…

The National (Scotland)

FTSE lifts again in calmer session for global markets

The FTSE 100 finished up by 0.64%, or 50.93 points, to close at 7,964.18.

Evening Standard

Dollar Weakness Lifts Crude Prices

May WTI crude oil (CLK25 ) today is up +0.11 (+0.18%), and May RBOB gasoline (RBK25 ) is down -0.0031 (-0.16%). Crude oil and gasoline prices today are trading mixed. Crude has garnered support today from a slump in the dollar index (DXY00 ) to a 3-year low. However, the...

Barchart

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Estonian authorities detain Russian 'shadow fleet'-linked oil tanker near Tallinn

Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, which authorities claim is part of Moscow's "shadow fleet," has already been sanctioned by the EU and other countries.

Euronews

New Mexico made childcare free. It lifted 120,000 people above the poverty line

The state, which has long ranked worst in the US for child wellbeing, became the first and only in the country to offer free childcare to a majority of families

The Guardian - US

White House plans for Alaskan oil and gas face some hurdles – including from Trump and the petroleum industry

The second Trump administration has launched the next stage in the half-century-long battle between commerce and conservation over Alaskan oil and gas development. But its moves are delivering a mixed message to the petroleum industry.

The Conversation

Cool condiments: ‘little treat culture’ leading to boom in preserves and sauces

Social media, and specifically #CondimentTok, is fuelling trend, with everyone from Meghan to Heinz getting in on the act

The Guardian - UK

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3 Energy Stock Winners Even as Oil Prices Plunge

Falling crude oil prices create a challenging, but not insurmountable, environment for energy stocks; here are three companies that investors should be watching

MarketBeat

China raises US tariffs to 125% as Xi invites EU to team up against Trump ‘bullying’

Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continues

The Guardian - UK

24 Products That Made Amazon Reviewers Write Straight-Up Love Letters

Every product here turned regular customers into brand evangelists who can't help but spread the gospel of their latest obsession.

Bored Panda

Tesla Opens First Showroom In Oil-rich Saudi

The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich Saudi Arabia -- where hybrid cars remain a rare sight.

International Business Times

Fragrance Layering Is Cool and All—But an Olfactory Personality Is So Much Chicer

Curating your scent style infuses individualism into a perfume wardrobe.

Marie Claire

Crude Prices Fall Sharply as Demand Concerns Grow

May WTI crude oil (CLK25 ) Thursday closed down -2.07 (-3.32%), and May RBOB gasoline (RBK25 ) closed down -0.0771 (-3.78%). Crude oil and gasoline prices on Thursday fell sharply because of concerns that the US trade war would slow economic growth and energy demand. Also, Thursday's stock selloff reduced...

Barchart

3 Unusally Active Long-Haul Call Options to Buy From Wednesday’s Wild Ride

Yesterday’s S&P 500 move from 4,950 to 5,456.90 at the close was one for the ages. The 90-day pause lit a fire under investors. These three unusually active long-haul call options stood out.

Barchart

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The Independent UK

Company says thousands of gallons of oil have been recovered from a pipeline spill in North Dakota

Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland

Barchart

Trade War Fears Hammer Crude Prices Again

May WTI crude oil (CLK25) today is down -2.68 (-4.30%), and May RBOB gasoline (RBK25) is down -0.0765 (-3.75%). Crude oil and gasoline prices today are sharply lower on concern the escalation of the US-China trade war will lead to a slowdown in economic growth and energy demand. Also, today's...

Euronews

‘One big backlash’: Why is a green shareholder activist group pausing its climate resolutions?

A “changing political landscape” and global trade tensions are partly to blame, according to the Netherlands-based group.

The Guardian - UK

Just 9.5% of plastic made in 2022 used recycled material, study shows

Global research reveals most of 400m tonnes produced using fossil fuels, predominantly coal or oil

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news in one place.

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The Conversation

Can personal data be considered a trade secret?

Have you ever wondered why some people say “Data is the New Oil”?

Barchart

Hess Corporation Earnings Preview: What to Expect

Hess Corporation is preparing to announce its first-quarter earnings later this month, and analysts are projecting a double-digit decline in its profitability.

Fortune

7 questions for Valvoline Global CEO Jamal Muashsher, who was once a producer on a Bear Grylls TV show

Valvoline Global CEO Jamal Muashsher came to the company after a stint at Procter & Gamble, where he sold skincare products. Now he's running a $3 billion oil behemoth owned by Saudi Aramco.

The Texas Tribune

Budget day in the House: Texas lawmakers approve $337 billion spending plan

Among the hundreds of amendments were ones that focused on school vouchers, the attorney general’s office and the Texas Lottery.

The Guardian - UK

Green activist group is pausing work after backlash by investors

Dutch group Follow This says it will not file any resolutions against oil and gas companies this AGM season

Fortune

Russian economy grows at slowest pace in 2 years—plunge in oil prices could make things much worse

Oil prices fell to four-year lows as the U.S. and China stepped up their trade war, putting extra pressure on Russia’s key export.

AAP

Oil-gas giant defends energy policy, share-price slide

Oil and gas producer Santos says it's well placed to weather volatility in commodity markets, as shareholders and traditional owners call the company to task.

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