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The Latest Breaking News from Oil

French government: on right track over further easing petrol supply problems

The French government said on Sunday that France was on the right track over further easing the problem of petrol service stations not having enough petrol due to strikes at oil refineries, which had hit motorists around the country.

Reuters

Egypt Keeps Fuel Prices Unchanged until Year End

Egypt fixed gasoline prices on Saturday, for a period of 3 months until the end of this year, as a result of global economic conditions and their repercussions on the oil markets. The decision comes after three consecutive price increases, and the devaluation of the local currency against the dollar,…

Asharq Al-Awsat

Algeria businesses hope gov't will stay the course on reforms

Algerian businesses say they are starting to benefit from new rules to encourage investment and exports in one of the world's most closed economies, but they fear a petrodollar windfall could push the government back to its state-heavy model.

Reuters

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Fears over Russian threat to Norway's energy infrastructure

Norwegian oil and gas workers normally don’t see anything more threatening than North Sea waves crashing against the steel legs of their offshore platforms

The Independent UK

Yemen Govt Warns ‘All Options Open’ after Houthi Attack on Dhabba Oil Terminal

The Iran-backed Houthi militias’ attack on the al-Dhabba oil terminal on Friday sparked outrage in Yemen and Arab and international condemnation. The government said on Friday its forces had intercepted armed drones launched on the southern oil terminal in Hadhramaut province by the militias as an oil tanker was preparing…

Asharq Al-Awsat

Hoarding Colorado water for Big Oil

A loophole in Utah law could enable the country’s first commercial oil mining operation

Salon

Soup on the van Gogh: Kids are alright

Was the London soup-throwing incident an absurd plea for attention? Absolutely — it was also totally justified

Salon

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Just Stop Oil protest stops traffic in north London

Police arrest 17 protesters after activists glued themselves to the road in Upper Street, Islington

The Guardian - UK

Glasgow woman who had 'blizzard of dark thoughts' during perimenopause hoping to help others

Abi Judge wants to help others struggling with perimenopausal symptoms protect their mental health. She also spoke of her relief at getting through some of her darkest moments through the use of cannabis oil.

Glasgow Live

Just Stop Oil activists block roads in Islington on 22nd day of civil unrest

Over 500 activists have been arrested so far this month

Evening Standard

L.S Lowry oil painting of the North Sea at Sunderland fetches over £1m at auction

The North Sea, which was signed and dated in 1966, is said to be one of the finest examples of Lowry’s large scale sea paintings

Chronicle Live

Saudi Arabia Condemns Houthi Attack on Yemen Oil Port

Saudi Arabia condemned on Saturday the terrorist attack carried out by the Houthi militias on the southern Al-Dhabba oil port of Yemen's Hadramout province. In a statement, the Saudi foreign ministry said the “escalation” came after the UN-brokered truce in Yemen expired.

Asharq Al-Awsat

Biden Warned of Repeating Nixon’s Mistake

The administration of President Joe Biden is renouncing itself by repeating the mistakes of former President Richard Nixon in positions related to oil and the relationship with Saudi Arabia, according to US media. They warned of the consequences of severe disruption in energy supplies on global political and economic stability,…

Asharq Al-Awsat

Saudi Arabia, China Stress Importance of Reliable Oil Supplies for Market Stability

Saudi Arabia and China have agreed to cooperate in the field of "peaceful use of nuclear energy" and establish a regional hub for Chinese manufacturers to use the Kingdom's strategic location linking three continents. Saudi Energy Minister Prince Abdulaziz bin Salman held on Friday an online meeting with China’s National…

Asharq Al-Awsat

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The Independent UK

Inflation protests across Europe threaten political turmoil

Across Europe, soaring inflation is behind a wave of protests and strikes that underscores growing discontent with the spiraling cost of living and threatens to unleash political turmoil

The Independent UK

Try this autumnal feast instead of roast dinner on Sunday

The seasons have changed and so, too, have our appetites. Make the most of autumn’s glorious produce with this menu from David Tanis

Asharq Al-Awsat

‘Lions’ Prowl West Bank Amid Talk of a New Intifada

In the skies above Nablus, Israeli drones are watching; on the ground, Israeli soldiers block access to the West Bank city as tensions rise amid talk of a new "intifada". Young Palestinians on scooters speed past sellers of everything from olive oil to bras, as they sport the colors of…

Daily Mirror

London gangster recalls horrific boiling oil attack that kickstarted his criminal career

Dave Courtney, 63, claims that that he had to kill to stay alive and says he has been shot, stabbed, and had his nose bitten off during his grisly criminal past

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Reuters

Yemeni government forces intercept Houthi drones attacking southern oil terminal

Yemen's Saudi-backed government said on Friday its forces had intercepted armed drones launched against a southern oil terminal by Houthi fighters as an oil tanker was preparing to dock.

Bangkok Post

Equities move lower but SET outlook still good

RECAP: Asian and European stocks moved lower yesterday, as US Treasury yields held at the highest level since the global financial crisis of 2008 and investors weighed risks to Chinese markets.

The Independent UK

Ruling could mean trials against Big Oil over state wetlands

Federal judges have ordered a 9-year-old lawsuit against oil and gas companies over damage to Louisiana wetlands to be returned to state court for trial

Benzinga

Biden's Plan To Help Taxpayers At The Gas Pump Comes As Strategic Reserves Fall To 1984 Levels

President Joe Biden announced on Oct. 19 the release of 15 million barrels of oil from the strategic petroleum reserve (SPR) due to recent production cuts announced by the OPEC + coalition.

The Texas Tribune

Luke Warford tries to break the Republican hold on the Railroad Commission by focusing on the power grid and climate change

One of three seats on the Texas Railroad Commission, which oversees the oil and gas industry, is up for grabs this election. Democrat Luke Warford is betting his campaign on the issues of electric grid reliability, regulatory enforcement and reducing emissions.

Reuters

Nigeria's Tinubu: Will remove fuel subsidy, deregulate gas prices if elected

Nigeria's presidential frontrunner Bola Tinubu on Friday promised to remove a fuel subsidy if elected next February, adding that his government would ramp up oil production and deregulate midstream gas prices within six months.

Tribune News Service

New York, New England ration heating oil even before peak winter

The US Northeast is so short on heating oil that the fuel used to power home furnaces is being rationed even before the start of winter.

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