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The Latest Breaking News from Oil

Saudi Arabia wants to build its post-oil future with massive AI data centers — Trump and U.S. tech have big incentives to oblige

In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.

Fortune

Dutch climate campaigners vow to take Shell to court again

In a letter, Milieudefensie says it wants to stop firm developing new oil and gas projects ‘to curb crisis’

The Guardian - UK

Crude Prices Gain on Dollar Weakness and Additional US Sanctions on Iranian Oil

June WTI crude oil (CLM25 ) today is up +1.30 (+2.10%), and June RBOB gasoline (RBM25 ) is up +0.0211 (+0.99%). Crude oil and gasoline prices today are moving sharply higher due to a weaker dollar and a rally in stocks, which shows confidence in the economic outlook that is...

Barchart

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Dutch Climate Group Launches New Case Against Shell

Dutch environmental group Milieudefensie said Tuesday it was launching a new legal case against Shell, aiming to stop the fossil fuel giant investing in new oil and gas fields.

International Business Times

European economist says Russia's economy is strained due to the Ukraine war and sanctions

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of Ukraine drags on

The Independent UK

Dutch NGO hits Shell with fresh legal challenge - and the impact could be ‘enormous’

“Shell will not stop of its own accord,” says the director of Milieudefensie, which has enjoyed previous legal success against the oil giant.

Euronews

I've been testing this shimmer-infused SPF and I'll never go back to normal sun cream

Shining, shimmering, SPF

Marie Claire

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US and Saudi Arabia seek closer financial ties as Trump heads to Riyadh

The Saudi-US Investment Forum starts on Tuesday in Riyadh with the US President set to attend, along with CEOs and other government leaders.

Euronews

Baby oil, domestic violence and a male escort: Graphic testimony emphasizes the reality of the accusations Diddy faces

Seated early Monday morning, the jury already heard shocking allegations about the music mogul’s sex life

The Independent UK

Worried About Stagflation? These 3 Top-Rated Dividend Stocks Are ‘Strong Buys.’

These companies have resilient business models, strong dividend yields, and analyst support.

Barchart

Mexican Cartels Smuggle Dangerous Bootleg Gasoline into the U.S.

The oil thieves, known as "huachicoleros," steal the oil from the state-owned company, Pemex.

Latin Times

Easing US-China Trade Tensions Boost Crude Prices

June WTI crude oil (CLM25 ) Monday closed up +0.93 (+1.52%), and June RBOB gasoline (RBM25 ) closed up +0.0247 (+1.17%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 2-week high and gasoline posting a 6-week high. Crude prices rallied sharply Monday after the...

Barchart

Dollar Strength Undercuts Sugar Prices

July NY world sugar #11 (SBN25 ) Monday closed down -0.08 (-0.45%), and August London ICE white sugar #5 (SWQ25 ) closed down -4.90 (-0.98%). Sugar prices Monday fell from 2-week highs and settled lower. Sugar prices on Monday initially moved higher after WTI crude oil (CLM25 ) rallied more...

Barchart

Traders Have Reportedly Rebranded Over $1 Billion Worth of Venezuelan Oil As Brazilian To Bypass U.S. Sanctions

Traders are reportedly rebranding Venezuelan oil as Brazilian to circumvent U.S. sanctions. They have done so with over $1 billion worth of exports, according to Reuters

Latin Times

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Barchart

NY Sugar Slightly Higher on Strength in Crude Oil

July NY world sugar #11 (SBN25 ) today is up +0.05 (+0.28%), and August London ICE white sugar #5 (SWQ25 ) is down -1.80 (-0.36%). Sugar prices today fell from 2-week highs and are mixed. Strength in crude prices is bullish for sugar prices, with WTI crude oil (CLM25 )...

MarketBeat

BP Buyout Buzz Puts Spotlight on Transocean’s Comeback Potential

There is a new potential bidding war for BP going on, as the broader oil industry seems to be headed to a cyclically low valuation.

Evening Standard

Jenrick calls for removal of kettles from all high-risk prisoners after attack

The shadow justice secretary’s warning comes after Southport killer Axel Rudakubana’s allegedly poured boiling water over an officer.

Barchart

Crude Prices Jump on Reduced US-China Trade Tensions

June WTI crude oil (CLM25 ) today is up +1.28 (+2.10%), and June RBOB gasoline (RBM25 ) is up +0.0288 (+1.37%). Crude oil and gasoline prices today are sharply higher, with crude climbing to a 2-week high and gasoline climbing to a 6-week high. Crude prices are rallying today after...

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news in one place.

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Capital & Main

Push to Make Big Oil Pay for Climate Damage Losing Steam in California Legislature

After climate-driven L.A. fires, “rancid” politics and fear of job loss, gas prices, slows momentum to confront industry.

The Guardian - UK

UK windfall tax can fund switch to green jobs for North Sea oil workers – report

Exclusive: Campaigners call for energy profits levy to be made permanent to enable ‘just transition’ from fossil fuels

Euronews

Saudi Arabian oil giant Aramco takes hit due to lagging oil prices

Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term.

The Guardian - UK

Elly Curshen’s quick weeknight recipes for using up leftover greens, bread and vegetables

Sunday roast overspill vegetables are superb on toast with cottage or cream cheese and chilli jam; leftover naans happily host boiled eggs, chutney and chilli oil; plus an ad lib olive salsa on toast with red onion and hummus

The Guardian - UK

‘It was just the perfect game’: Henk Rogers on buying Tetris and foiling the KGB

The man who brought Tetris to the west reveals what the movie of his life got right and wrong, how he influenced Nintendo, and why he has now swapped gaming for climate change campaigning

PC Gamer

A unique horror strategy game about drilling for oil released on Steam last week

Anoxia Station is a harrowing indie game with a distinct aesthetic.

Motor1

Those Oil Life Indicators Are Way More Accurate Than You Think

Many modern cars have an oil life indicator to tell owners when they should have their oil changed. Some are even fancy enough to display a percentage that conveys exactly how much life is left in the oil. If you've ever wondered if that percentage is accurate, well, it is.…

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