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The Latest Breaking News from Oil

Revealed: Forecasts of greenhouse gas emissions from fossil fuels soar in Trump’s first 100 days

Even as Trump’s pledge to ‘drill, baby, drill’ is hampered by tariff chaos, analysis shows surge in planet-heating emissions

The Guardian - US

Shell Net Profit Sinks 35% In First-quarter As Oil Prices Fall

British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but pushed ahead with shareholder returns.

International Business Times

Shell reveals lower profits after slump in oil prices

Chief executive Wael Sawan said Shell ‘delivered another solid set of results in the first quarter of 2025’.

Evening Standard

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FTSE notches up its longest-ever winning streak with 15th day of gains – as it happened

Live, rolling coverage of business, economics and financial markets as the FTSE nets its longest-ever winning run, Amazon’s Bezos to sell stock worth up to $4.75bn; US employment figures higher than expected

The Guardian - UK

Archibald Packing Room Prize goes to Abdul Abdullah for Jason Phu portrait, among broader set of bold and deeply personal works

More than 50 years ago, when I was a junior curatorial assistant at the Art Gallery of NSW, I had the daunting experience of hanging the annual Archibald, Wynne and Sulman prizes.

The Conversation

US Expects Iran Talks But Trump Presses Sanctions

The United States said Thursday it expected new nuclear talks to take place soon with Iran but President Donald Trump vowed to enforce sanctions and called for global boycott of "any amount" of Iranian oil or petrochemicals.

International Business Times

Crude Prices Climb as a Stock Rally Boosts Market Sentiment

June WTI crude oil (CLM25 ) Thursday closed up +1.03 (+1.77%), and June RBOB gasoline (RBM25 ) closed up +0.0315 (+1.56%). Crude oil and gasoline prices recovered from early losses on Thursday and posted moderate gains. Short covering emerged in crude oil Thursday after US stocks rallied sharply, which boosted...

Barchart

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Can Texas clean up fracking water enough to use for farming? One company thinks so.

The Texas Legislature has also invested millions in research to clean the fracking wastewater. Critics say it’s not a viable solution to the state’s water crisis.

The Texas Tribune

Crude Prices Recover as Risk-On Sentiment Improves in Asset Markets

June WTI crude oil (CLM25 ) today is up +0.41 (+0.70%), and June RBOB gasoline (RBM25 ) is up +0.0196 (+0.97%). Crude oil and gasoline prices today recovered from early losses and are moderately higher. Short covering emerged in crude oil today after US stocks rallied sharply, which boosted risk-on...

Barchart

Nip+Fab’s peptide-packed oil and mist duo leaves me with super plump and glowy skin—I won’t be without it this summer

It’s time to get familiar with the power of peptides

Marie Claire

Commodity Market Roundup- April’s Top Performers and Underperformers

April was a trying month for markets across all asset classes, and commodities were no exception. Markets experienced significant volatility, and many commodity prices declined.

Barchart

How tariffs and other uncertainties are weighing on Middle East economies

Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid, the International Monetary Fund said on Wednesday.

Euronews

Trump has launched more attacks on the environment in 100 days than his entire first term

Blitzkrieg has hit protections in place for land, oceans, forests and wildlife, and will worsen the climate crisis

The Guardian - US

VE Day: Three Spam recipes, as sales shoot up ahead of the celebrations

Hard to believe, perhaps, but sales of Spam have recently been rocketing up. Waitrose this week reported that sales of the wartime favourite increased some 48 per cent last week, compared with the same period last year.

Evening Standard

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Homes & Gardens

'That spring scent may be poisoning you' – 6 surprising sources of toxic phthalates in your home, and what to replace them with

They’ve recently been linked to heart disease, a study shows

The Guardian - US

‘A ruthless agenda’: charting 100 days of Trump’s onslaught on the environment

Guardian reporters map out how Trump is eviscerating efforts to protect the natural world – from ‘drill, baby, drill’ to mass firings

The Independent UK

Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says

The International Monetary Fund says that countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid

Barchart

Crude Prices Plunge on Reports Saudi Arabia Can Sustain a Period of Low Oil Prices

June WTI crude oil (CLM25 ) Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25 ) closed down -0.0393 (-1.91%). Crude oil and gasoline prices on Wednesday extended this week’s sharp losses, with crude sinking to a 3-week low and gasoline tumbling to a 2-week low. Concerns about global...

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Evening Standard

Best miniature paint sets for plein air and travel

Discover the best miniature paint sets for plein air and travel. Find the perfect kit to enhance your outdoor painting experience.

Evening Standard

Forbes laments ‘dark moment’ at Grangemouth but says ‘real progress’ being made

The Deputy First Minister told MSPs Scottish Enterprise has received 66 inquiries related to Project Willow.

Capital & Main

Fracking-Powered Crypto Mine in Pennsylvania Shuts Down Without Word to Regulators

State inspectors find site abandoned, raising concerns about pollution from unplugged wells across Appalachia.

Barchart

Is HRW the Next WTI?

Back in 2025, WTI crude oil famously fell below $0, setting the standard for overwhelmingly bearish commodity markets. With that, another look at the 2025 HRW wheat market.

Fortune

‘Extraordinary volatility’ from tariffs cancels energy deals and freezes M&A

Amplify Energy cancels its "transformational" deal as M&A grinds to a halt.

International Business Times

TotalEnergies Profits Drop As Prices Slide

TotalEnergies boosted crude oil production by two percent from the first quarter of 2024, but that wasn't enough to compensate for nine percent drop in the international reference price.

The Guardian - UK

The experts: neurologists on 17 simple ways to look after your brain

Sleep well, swap butter for olive oil, learn a musical instrument – or embrace some other ‘magnificent obsession’. Here is what doctors do themselves to delay the onset of cognitive decline

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