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The Latest Breaking News from Oil

Sainsbury's, Tesco, Waitrose, Morrisons and Asda shoppers issued olive oil prices warning

Olive oil costs could soar by around 25% due to a fierce heatwave in Spain that is halting production of the cupboard staple

Daily Record

U.S. Stock Futures Edge Higher; Crude Oil Drops

Pre-open movers

Benzinga

LZ Granderson: Alex Jones is no kind of 'theorist'

I don't like using the phrase "conspiracy theorist" to describe people like Alex Jones, because people like Jones are not "theorists." They're snake oil salesmen.

Los Angeles Times

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Married man, 52, had sex with pony while drunk and on drugs

His DNA was found inside a horse, which had been taped up and wrapped in bandage. Police found baby oil and carrots in his car and 1,000 searches on his internet history

Wales Online

Oil Slips amid Chance of Iran Nuclear Deal Supply Boost

Oil prices slipped on Tuesday as traders eyed the latest progress in last-ditch talks to revive the 2015 nuclear accord with Iran, which would clear the way to boost its crude exports in a tight market. Brent crude futures were down 86 cents, or 0.9%, at $95.79 a barrel at…

Asharq Al-Awsat

Cost of living: Calls for 25p cut in fuel duty as petrol firms accused of ‘highway robbery’

FairFuelUK accuses big oil companies of ‘profiteering’ at pumps and calls for government help

The Independent UK

Expert sounds winter blackout alarm as Ireland 'least prepared' for winter energy crisis

The prices of both oil and gas remain extraordinarily high, putting further pressure onto the Irish public to try and cut costs elsewhere so they can heat their home or cook their food

Irish Mirror

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Learning from failures: How Biden scored win on climate plan

Many pieces of President Joe Biden's domestic agenda have been jettisoned over the last year, but his proposals on climate change remain largely intact

The Independent UK

Three reinforces holistic, sustainable approach to skincare

The Japanese cosmetics company Three began its global expansion in Thailand nine years ago, disseminating its holistic beauty philosophy, based on achieving a balance of mind, body and skin through natural ingredients, particularly essential oils.

Bangkok Post

TOP expects global oil prices to continue to fall

Thai Oil Plc (TOP), Thailand’s largest oil refinery by capacity, expects global oil prices to continue to decline this week to US$84-94 per barrel amid growing concerns over a global economic recession, but the decrease will not cause authorities to reduce domestic diesel prices.

Bangkok Post

Morning Digest | India finishes 4th as Commonwealth Games closes; BJP says it will stand by ally JD(U), and more

A select list of stories to read before you start your day

The Hindu

News briefs

Trump did flush ripped-up papers down the toilets, photos in upcoming book reveal

Tribune News Service

Devastating fire may force Cuba to resort to floating oil storage

An inferno at Cuba's largest oil storage facility has killed at least one firefighter, injured many more, and threatens to further swell the fuel import bill for the impoverished island nation that relies on foreign oil for everything from transportation to its power grid.

Reuters

As Cuba struggles to put out oil tank fire, questions about disaster response mount

Cuban authorities were still struggling Monday to contain a raging fire at an oil storage facility at the port of Matanzas, after new explosions spread the flames to other oil tanks, raising questions about the country’s disaster preparedness and its ongoing energy crisis.

Miami Herald

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StockNews.com

4 Energy Stocks You Shouldn’t Ditch Just Yet

Oil prices have declined significantly from their highs earlier this year. However, with supply expected to remain short of demand in the near term, analysts expect Brent crude to average above the $100 mark. Hence, we think it might not be wise to exit fundamentally strong energy stocks Valero Energy…

Benzinga

Nasdaq Turns Lower; Crude Oil Rises Over 1%

U.S. stocks pared gains toward the end of trading, with the S&P 500 and the Nasdaq turning lower on Monday.

Tribune News Service

US, Iran face deadline as nuclear talks end without a deal

The U.S. and Iran have just weeks to decide whether they want to revive their nuclear deal, after European Union diplomats presented parties with a final draft accord that could deliver a major expansion of Iranian oil exports to global markets.

The Hindu

Parliamentary proceedings | Profit of oil companies increased manifold: Centre tells Rajya Sabha

LPG price increased only by 41.5% while Saudi Contract Price had increased by 207% from 2020 to 2022: Minister

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The Independent UK

Fire at Cuba oil facility spreads as 3rd tank ignites

A deadly fire that began at a large oil storage facility in western Cuba has spread after flames enveloped a third tank that firefighters had tried to cool as they struggle to fight the massive blaze

Liverpool Echo

I tried the £28 Olaplex bonding oil for a week and people commented on how 'shiny' my hair looked

The styling oil is popular with shoppers - but is it worth the hype?

Reuters

Third oil storage tank collapses in Cuba terminal following fire, spill -governor

A third crude tank caught fire and collapsed at Cuba's main oil terminal in Matanzas, its governor said on Monday, as an oil spill spread flames from a second tank that caught fire two days earlier in the island's biggest oil industry accident in decades.

Irish Mirror

Fears of fuel shortages lead to plans for energy rationing in Ireland from September

The ongoing war in Ukraine is placing a huge squeeze on international oil and gas supplies

Daily Record

'I tried Aldi's sell out Olaplex £3.49 'dupes' - and I am stunned by how healthy my hair feels'

Shopping writer Rachel Williams tries out Aldi's viral new Bonded haircare range which is said to be similar to the iconic Olaplex.

The Independent UK

Pope encourages Cuban search crews after Matanzas blaze

Pope Francis is offering support to firefighters and search crews in Cuba following explosions at a big oil tank farm in the western province of Matanzas

Benzinga

G2 Energy Corp. Appoints John Costigan as VP, Corporate Development

Vancouver, B.C. - TheNewswire - August 3, 2022 - G2 Energy Corp. (CSE:GTOO), ((, (FKN:UD9) (the "Company" or "G2") is pleased to announce that current director John Costigan has been named as VP of Corporate Development of the Company effective immediately. John has been involved with the Company in his capacity…

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