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The Latest Breaking News from Oil

Oil Prices Drop Due To Demand Concerns Over Fed's Rates

Oil prices decline as Federal Reserve hints at interest rate changes, raising global demand concerns and sparking investor fears.

Top News

UK running out of options for offshore energy ‘just transition’, says report

The UK will fail to achieve a “just and fair” transition by 2030 unless there is urgent alignment across the political spectrum to sustain…

The National (Scotland)

Top oil firms’ climate pledges failing on almost every metric, report finds

Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as ‘the worst of the worst’

The Guardian - US

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The 5 chicest French women I know just told me their hair secrets—here's how to get that Parisian look

You better believe there's some bob insights, too

Marie Claire

Thousands of jobs at risk if UK fails to act now on North Sea energy transition

The decline in North oil and gas industry needs to be offset by greater investment in renewables to save jobs, report says

The Independent UK

UK Cracks Down On 'Just Stop Oil': Will Force Org To Pay For Being Disruptive And Make It Easier to Sue Them

Government adviser Lord Walney's new proposals will see people be able to claim compensation from Just Stop Oil protestors who disrupt them.

International Business Times UK

The developer of exceptional 2022 sci-fi adventure Norco is following it up with a 'narrative micro-adventure' about an android exploring an AI-haunted oil refinery

You can play the demo for Silenus (and find all the tracks to Umbilical by Thou) right now.

PC Gamer

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Dollar Strength Weighs on Crude

June WTI crude oil (CLM24 ) on Monday closed down -0.26 (-0.32%), and June RBOB gasoline (RBM24 ) closed down -3.43 (-1.33%). Crude oil and gasoline on Monday gave up an early advance and posted moderate losses. A stronger dollar on Monday weighed on energy prices. Losses in crude Monday...

Barchart

UK review of protest tactics expected to stop short of banning groups

Palestine Action, Just Stop Oil and Extinction Rebellion to be highlighted in report by John Woodcock for ‘dangerous’ tactics

The Guardian - UK

Texas bridge connecting Galveston and Pelican Island reopened after barge collision

Officials say a bridge near Galveston, Texas, that was damaged last week when a barge carrying fuel broke free from a tugboat has been reopened to vehicle and pedestrian traffic after safety inspections deemed it safe

The Independent UK

Why unions are lobbying Labour over a ‘just transition’ to cleaner energy

Jobs and communities dependent on oil and gas sector must be considered in plan to ban North Sea licences, say GMB and Unite

The Guardian - UK

Crude Slightly Lower on Dollar Strength

June WTI crude oil (CLM24 ) this morning is down -0.05 (-0.06%), and June RBOB gasoline (RBM24 ) is down -2.35 (-0.91%). Crude oil and gasoline today shed an early advance and are slightly lower. A stronger dollar today is weighing on energy prices. Losses in crude are limited by...

Barchart

3 Energy Stocks Ready for a May Rally

Higher oil prices amid robust energy demand and supply chain disruptions, aggravated by geopolitical tensions and several technological innovations, are creating tailwinds for the energy sector. Thus, it could be wise to invest in fundamentally sound energy stocks Cenovus Energy (CVE), Repsol (REPYY), and Subsea 7 (SUBCY) poised for a…

StockNews.com

Sizzling, twice-spiced beef skewers add a twist to a Memorial Day barbecue

Street vendors in China sell sizzling skewers of meat hot off the grill, rich with cumin and chiles

The Independent UK

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Roll Call

Election year politics roil the EV transition - Roll Call

Electric vehicles, already facing lagging consumer demand, will be confronted with a hostile president if Donald Trump wins in November.

The Guardian - US

Green activists push Biden to freeze ‘disastrous’ deepwater oil export rigs

Sensing election-year traction, coalition of 20 environmental groups also demand entrenchment of pause in gas-export licences

Evening Standard

Just Stop Oil could be forced to pay compensation for protest disruption under government plans

Financial costs could be imposed on groups like Just Stop Oil if they carry out acts such as blocking roads or disrupting businesses

The Conversation

I can’t afford olive oil. What else can I use?

If you buy your olive oil in bulk, you’ve likely been in for a shock in recent weeks. Major supermarkets have been selling olive oil for up to A$65 for a four-litre tin, and up to $26 for a 750 millilitre bottle.

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news in one place.

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Fortune

'Copper is the new oil,' and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says

"But I go back to the 2000s, I was bullish on oil then as I am on copper today."

Real Homes

How to remove candle wax from upholstery — 6 different methods that work

Learn how to remove candle wax from upholstery. Experts say pick one of these six which you have ingredients for as quick action brings best results

The Guardian - UK

Billie Eilish and Becky Hill’s grim take on growing up in today’s world

Brief letters: Pop stars’ angst | Palestinian olive oil | Garlic-less greengrocer | Euan Blair’s riches | Little carbon footprints

The National (Scotland)

Unite divert Labour election funds in protest over oil and gas ban plans

ONE of Britain’s biggest trade unions has demanded Labour commit £6.6 billion to save oil and gas jobs as it revealed it was putting financial…

The Guardian - UK

Lamb kofta, sea bream puttanesca, potato cakes – 20-minute recipes from Anna Haugh

The Dublin-born chef talks about realising the culinary value of Irish food, plus six recipes from her new cookbook, Cooking with Anna

Top News

Houthi Rebels Strike Oil Tanker In Red Sea

Houthi rebels target oil tanker in Red Sea, causing damage and disruptions amid ongoing conflict.

The National (Scotland)

The Ferret: Oil industry’s SNP lobbyists fuel worry on North Sea extraction

LOBBYING on behalf of the oil industry by former SNP spin doctors has sparked fears that the Scottish Government could be about to abandon its…

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