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The Latest Breaking News from Oil

Replacing methane with hydrogen to heat homes is a bad idea -- here's why

Hydrogen is an energy-rich gas, which releases no carbon emissions when burned. It can be used in most equipment where fossil fuels such as natural gas (methane) or LPG (liquefied petroleum gas) are currently used. In your home, that might mean a gas boiler, heater, cooker or all three.

The Conversation

Radical SR1 XXR Debuts With Upgraded 199-HP Engine, New Rear Fin

Durability upgrades to the engine include a longer time between oil changes.

Motor1

Sudan's conflict has its roots in three decades of elites fighting over oil and energy

Sudan stands on the brink of yet another civil war sparked by the deadly confrontation between the Sudan Armed Forces of General Abdelfatah El-Burhan and the Rapid Support Forces of Mohamed Hamdan Dagalo (“Hemedti”).

The Conversation

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Africa's oceans are being protected to serve the interests of big foreign corporates

Africa’s valuable ocean resources have drawn the interest of foreign nations, particularly those in the West and Asia.

The Conversation

Blow to government’s plan for more oil and gas drilling as High Court grants legal challenge

Climate authorities have repeatedly warned against new drilling for fossil fuels

The Independent UK

Dad given one year to live now 'almost cancer free' after using cannabis oil

Luke Goodwin feels as “right as rain” when he takes the oils, alongside his chemotherapy treatment for stage 4 leiomyosarcoma.

Daily Record

Just Stop Oil block traffic in Westminster for third time this week

Protesters began marching from five locations around Westminster and Lambeth

Evening Standard

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Oil Rises as Falling US Inventories Refocus Market on Demand

Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling US crude oil and fuel inventories refocused investors on robust demand in the world's top oil consumer. Brent crude climbed by 30 cents, or 0.4%, to $81.07 a barrel by 0358 GMT. US…

Asharq Al-Awsat

Shaky ceasefire enters second day as Sudanese, foreigners flee

A US-brokered ceasefire between Sudan's warring generals entered its second day Wednesday but remained fragile after witnesses reported fresh air strikes and paramilitaries claimed to have seized a major oil refinery. As combat eased, foreign governments organised civilian evacuations. Around 245 French and foreign nationals evacuated from Sudan landed in…

France 24

Fair price shops in T.N. likely to begin selling cooking gas cylinders

The Tamil Nadu Civil Supplies Department is mulling over a proposal to make available, cooking gas cylinders at fair price shops. The Department already sells 5kg and 10kg free trade licence (FTL) cylinders belonging to the three State-run oil marketing companies (OMCs) through its supermarkets, including Tamil Nadu Urban Cooperative…

The Hindu

ASX slips as inflation slows, Wall Street sinks on recession fears as First Republic Bank plunges 49pc

The Australian share market closed slighlty lower after the latest ABS figures showed that inflation fell from its December quarter peak, while Wall Street suffered its biggest falls in a month as fears of a banking crisis resurfaced, leading to shares of First Republic Bank plunging 49 per cent overnight.

ABC News

Crude Prices Move Lower on Dollar Strength and Economic Concerns

June WTI crude oil (CLM23 ) on Tuesday closed down -1.69 (-2.15%), and June RBOB gasoline (RBM23 ) closed down -5.17 (-1.98%). Crude oil and gasoline prices Tuesday retreated, with crude falling to a 3-week low. Dollar strength Tuesday pressured energy prices. Also, concern that a slowdown in the global...

Barchart

Tax shield on super gas profits leaves Australians looking like 'chumps', economist says

It was once described as world-leading, but calls are growing louder for changes to Australia's super gas profits tax amid claims it is collecting "beer nuts".

ABC News

Cricket shouldn’t float on barrels of oil at a time of climate crisis

The Hindu

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The Conversation

Global economic uncertainty means oil prices -- and your fuel bill -- will continue to surprise this year

Oil prices have confounded expectations in the first quarter of 2023. Brent – a major global benchmark – hit a low of US$72 (£58) a barrel on March 17, while the world’s other main benchmark, WTI, dropped to less than US$66 a barrel. This is a far cry from the…

The Independent UK

Swiss indict 2 managers of Saudi oil company in 1MDB scandal

Swiss prosecutors say they have indicted two managers of a Saudi oil exploration company as part of a yearslong international investigation of a Malaysian sovereign wealth fund

Barchart

Crude Oil Prices Retreat on Dollar Strength and Economic Concerns

June WTI crude oil (CLM23 ) this morning is down -1.73 (-2.20%), and June RBOB gasoline (RBM23 ) is down -5.97 (-2.29%). May Nymex natural gas (NGK23 ) is down -0.043 (-1.89%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 3-week low. Dollar...

Real Homes

Reed diffuser vs oil diffuser — what’s the difference and which is best?

Discover the differences between a reed and oil diffuser, plus advice on which is one for you

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The Guardian - UK

Tory former net zero tsar calls for halt to Rosebank North Sea oil project

MP Chris Skidmore says approval would undermine UK’s efforts to tackle climate crisis and its claims to leadership on world stage

The Guardian - UK

I’m a Tory MP, but I can’t let ministers trash our net zero pledge with the Rosebank oilfield

It would be able to produce 500m barrels, exceeding our carbon budgets for the oil and gas industry. It will also make the UK poorer, says Chris Skidmore, chair of the Net Zero Review

Evening Standard

Anatomē’s apothecary products will make you sleep, move and feel better

Sounds like a win in our books

StockNews.com

3 Energy Growth Stocks to Pump Into Your Portfolio

Rising demand for oil and gas amid Chinese economic recovery and production cuts could push oil prices up in the upcoming months. Given this backdrop, quality energy stocks NexTier Oilfield Solutions (NEX), NOW Inc. (DNOW), and NCS Multistage Holdings (NCSM) could be solid portfolio additions now. Read on….

Irish Mirror

Plumber exposes the shocking cost of flushing common household items down the toilet

Many homeowners may be flushing items down the toilet without realizing they're on a fast track to racking up huge repair bills

Investors Business Daily

3 Fast-Growing Companies Near Buy Points. How One Executive Hire Sent This Stock Soaring

XPO Logistics stock soared on news it landed a new Chief Operating Officer.

The New Daily

Petrol prices fall below $2 per litre, amid oil market uncertainty

Australian motorists are enjoying relief as petrol prices fall from Easter highs after a recent bump in oil prices.

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