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The Latest Breaking News from Oil

Nigerian oil spill still damaging livelihoods 17 years later, court hears

The Bodo community are seeking a court injunction that would compel clean-up action.

The Independent UK

Is Energy Transfer Undervalued or a Value Trap?

With oil prices under pressure, investors are asking if Energy Transfer is an undervalued energy stock or a value trap in a cyclical sector

MarketBeat

Alberta has long accused Ottawa of trying to destroy its oil industry. Here’s why that’s a dangerous myth

“Alberta is a place soaked in self-deception.” Those words began Alberta-based journalist Mark Lisac’s 2004 book aimed at shattering the myths that have unhelpfully animated too much of Alberta’s politics over the past few decades.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Summer House's Lindsay Hubbard has a scent-scaping tip that will impress your impromptu guests – it will change how you host in 2025

The reality TV star and new mom has teamed up with AirWick, and has shared that she loves to use different scents in different areas of the home

Homes & Gardens

Labour was warned of ‘real and present danger’ to oil and gas sector – Flynn

The SNP Westminster leader was speaking after Harbour Energy announced the loss of 250 jobs.

Evening Standard

Woodside blocks climate questions as protesters blow up

Oil and gas giant Woodside has evaded questions on climate issues after its shareholder meeting was gatecrashed by whistle-blowing activists.

AAP

Climate protesters target BP lobbying reception at Holyrood

Extinction Rebellion Scotland protesters have targeted a lobbying reception at Holyrood organised by oil giant BP

The National (Scotland)

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Oil Prices Fall on Oversupply Fears and Reduced Trade and Geopolitical Tensions

June WTI crude oil (CLM25 ) Wednesday closed down -1.02 (-1.73%), and June RBOB gasoline (RBM25 ) closed down -0.0367 (-1.78%). Crude oil and gasoline prices on Wednesday gave up an early advance and posted moderate losses due to the dollar's strength and an easing of geopolitical tensions in the...

Barchart

Best blue light therapy gadgets: Are these tools the secret to clearer, calmer skin?

Feeling blue? This light therapy might lift more than your mood

Evening Standard

Crude Prices Pressured by Dollar Strength and Oversupply Fears

June WTI crude oil (CLM25 ) today is down -0.45 (-0.76%), and June RBOB gasoline (RBM25 ) is down -0.0319 (-1.55%). Crude oil and gasoline prices today gave up an early advance and turned lower due to the dollar's strength. Crude prices today initially moved higher in hopes of easing...

Barchart

What Oil, Value, and Growth Correlations Say About the Market

A new signal is showing up all over the market, warning investors that the worst might not be over yet for the S&P 500 and the economy.

MarketBeat

Global oil prices have plunged. So when will Australian motorists see cheaper petrol?

Analysts predict bowser prices for regular unleaded to come down to temporary lows of near 160c per litre in major cities

The Guardian - AU

Ethical super fund says QBE ‘not joining the dots’ between fossil fuel projects and rising premiums

Australian Ethical, which holds $56m worth of QBE shares, calls on insurer to overhaul its policies which allow it to underwrite oil and gas projects without restriction before AGM

The Guardian - AU

Harbour Energy axing 250 jobs in Aberdeen

The job losses come on top of 350 roles that were cut by the oil and gas firm in 2023.

Evening Standard

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Bored Panda

58 Cooking Myths That People In This Online Thread Wish Others Knew Are False

"You don't need to wash your chicken!"

Bored Panda

22 Clever Kitchen Tools That Might Just Blow Your Culinary Mind A Little

Get ready to discover some low-key brilliant kitchen additions that might just streamline your cooking routine.

The National (Scotland)

Major oil and gas firm to cut 250 jobs from Scottish workforce

AN OIL and gas firm has announced it will cut around 250 onshore jobs in Aberdeen ...

The Guardian - UK

Abandoned infrastructure one of the biggest polluters in the world – report

Emissions from abandoned coalmines, oil and gas wells globally are larger than any single country except China, the US and Russia

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The Guardian - UK

Pasta and pesto, broth and dumplings, pancakes and chutney: Ravinder Bhogal’s pea recipes

Pea and mung bean pancakes with fried eggs and coconut coriander chutney, pea broth with bread dumplings, and pasta with lemony pea pesto

The Guardian - UK

Ukraine’s economy has greater staying power than Russia’s, but the US mineral deal shows how fragile its advantage is

Kyiv still relies heavily on foreign support for its war effort, and it has agreed to difficult terms to keep the US on side, says academic Luke Cooper

Barchart

Crude Prices Rally as Oversupply Fears Recede

June WTI crude oil (CLM25 ) Tuesday closed up +1.96 (+3.43%), and June RBOB gasoline (RBM25 ) closed up +0.0417 (+2.06%). Crude oil and gasoline prices settled sharply higher on Tuesday. Tuesday's weaker dollar is bullish for energy prices. Also, short covering emerged to push crude prices higher Tuesday on...

Barchart

Gold and Silver May See Profit-Taking on May 7. Watch Crude Oil Here.

The results of the Federal Open Market Committee meeting, which will be released in the afternoon on May 7, could have major impacts for commodity futures markets.

Fortune

A top CEO declared the U.S. oil industry has 'peaked'

“We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility introduced."

The Guardian - UK

Shell doesn’t need to bid for BP

The opportunity to build a European mega-cap firm is tempting, but it’s hard to beat the appeal of share buy-backs

Evening Standard

FTSE edges higher amid UK-India trade deal to continue winning streak

The FTSE 100 finished up by 0.01%, or 1.07 points, to close at 8,597.42.

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