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The Latest Breaking News from Oil

Dow Surges 400 Points; Crude Oil Down 1%

U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 400 points on Monday.

Benzinga

'It’s going to be pretty bad': This part of the US is hurtling towards a winter heating crisis and consumers could pay the highest prices in decades

New England’s stockpiles of diesel and heating oil — the same product, taxed differently — are a third of normal levels.

Fortune

Talking Point: What do you think of the Met’s operation to arrest climate-change activists?

The Met Police has labelled the latest protests ‘criminality’

Evening Standard

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The Leader podcast: Just Stop Oil protests continue as COP27 begins

As Rishi Sunak calls on world leaders at COP27 in Egypt to protect the planet ‘for our children and grandchildren’, back in the UK there’s pressure on his government to do more to tackle global warming.

Evening Standard

Police arrest 23 and brand Just Stop Oil protests on M25 as ‘criminality’

Assistant Commissioner Matt Twist said the action on Monday was ‘grossly disproportionate’.

The Independent UK

M25 protests: More than 20 Just Stop Oil activists arrested for attempting ‘massive disruption’

Group vows that its ‘supporters will be returning – today, tomorrow and the next day’

The Independent UK

Ye and Adidas break up: Why brand marriages sometimes go bad

Brand partnerships between seemingly disparate companies or organizations are all around us.

The Conversation

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Chancellor weighs up £35 billion in spending cuts

An expansion of the windfall tax on oil and gas giants has also been hinted at

Insider UK

A nutrition scientist reveals the missing piece of the Mediterranean diet

The perenially popular Mediterranean diet isn't just about whole foods and olive oil, but a more balanced, joyful way of living.

Inverse

Sanctions on Russia 'are working', US deputy treasury secretary says

In an interview with FRANCE 24, US Deputy Treasury Secretary Wally Adeyemo discussed the sanctions imposed on Moscow in the wake of Russia's invasion of Ukraine. "The sanctions are working and that's why Russia is working so hard to evade them," he said. Adeyemo also discussed the cap on the…

France 24

Oil supertanker grounded in Indonesia will take a month to free - navy

Indonesian authorities said on Monday it could take up to a month to free a crude oil tanker stuck in its waters, while the United States slapped sanctions on the vessel for alleged links to Hezbollah and a branch of Iran's Revolutionary Guards.

Reuters

'Minor' Fire Breaks Out at Oil Facility In Southern Iran

A fire that broke out at an oil export facility in southern Iran was brought under control without causing any damage, according to local media. "A fire has occurred in an open oil channel leading to the export port in the city of Mahshahr," Fars news agency reported after the…

Asharq Al-Awsat

After maritime border deal with Israel, Lebanon looks to capitalise on underwater oil exploration

Lebanon and Israel have signed a historic agreement demarcating a long-disputed maritime border after years of US-mediated negotiations, paving the way for Lebanon to exploit the energy resources off its coast. However, analysts point out that Lebanon lacks the infrastructure and governance for a rapid shift to becoming an oil-exporting…

France 24

Irish hair expert Pamela Morrissey says covering grey hairs the wrong way is ageing you

Hair care and maintenance can play a massive role in anti-ageing when done right, and the good news is it's actually really easy

Irish Mirror

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The Independent UK

Boris Johnson jokes about climate change causing his downfall as PM

40C summer temperatures contibuted to ‘political turmoil’ in Tory party, suggests ex-PM

Evening Standard

Watch: Just Stop Oil protests cause chaos across M25

Just Stop Oil protesters have caused chaos across the M25 on Monday morning after climbing multiple motorway gantries at a number of junctions, including in Enfield, Essex and Surrey. Police are responding to protesters at Junction 25 near Enfield, Junctions 6, 8, 9, 12, 13, 14 in Surrey and Junction…

Asharq Al-Awsat

Iraq to Increase Production Capacity at Basra Refinery

Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani announced Sunday that the Oil Ministry is working to increase the refining capacity of the Basra Gas Company to 1,400 million cubic feet per day in the coming years. During his visit to the facilities of…

Asharq Al-Awsat

Algeria Expects Oil Prices to Stabilize at $100 by Year's End

Oil prices are predicted to stabilize at $100 a barrel by the year-end, Algeria's Minister of Energy and Mines Mohamed Arkab said. The Minister explained that despite the decline in oil prices and global recession concerns, the latest decision of OPEC+ countries to reduce production by two million barrels per…

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The National (Scotland)

Just Stop Oil causes disruption on busy UK road despite police operation

ENVIRONMENTAL protesters have disrupted sections of one of the UK’s busiest motorways despite a major Metropolitan Police operation to foil their…

The Independent UK

Just Stop Oil causes disruption on M25 despite police operation

Various police forces said activists had climbed onto motorway gantries along the busy motorway during rush hour.

The Independent UK

Just Stop Oil protesters on M25 deserve ‘Christmas in prison’, says Grant Shapps

‘I hope justice is served up to these people’, says business secretary

Evening Standard

‘You’ll hate me for this’: Tearful Just Stop Oil protester climbs gantry amid M25 chaos

Louise, 24, was among at least 23 protesters who scaled gantries at a number of junctions in London, Surrey, Essex and Kent around 7.30am

Daily Mirror

M25 traffic at standstill as Just Stop Oil protesters block 'up to nine' junctions

Protesters have climbed across gantries at a number of locations across one of the nation's busiest motorways despite a High Court order that's in place

The Guardian - UK

Spam is back! Chefs on their favourite recipes from katsu curry to Spam fries with cheesy kimchi sauce

Sales of the tinned meat are on the rise as households tighten their belts. But you can do more with it than you thought

Asharq Al-Awsat

Kuwait Launches Commercial Operations at Al-Zour Refinery

The Kuwait Integrated Petroleum Industries Co (KIPIC) launched the first phase of al-Zour refinery commercial operations on Sunday after the project started last month to produce and sell primary quantities of fuel oil and supply it to local power stations. In a statement to (KUNA), Acting CEO of (KIPIC) Waleed…

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