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The Latest Breaking News from Oil

Get a Discount on Kosmos Energy (KOS) Despite the Risky Oil Market

Although upstream oil specialist Kosmos Energy presents high risks, the actions of options traders suggest that there could be more room for growth for KOS stock.

Barchart

Ratings agency S&P stops grading ESG credit risks

An attempt to boil down a corporation's exposure to ESG risks has not been accepted by institutional investors.

Fortune

Crude Undercut by Concern about Weak Chinese Energy Demand

September WTI crude oil (CLU23 ) this morning is down -0.16 (-0.20%), and Sep RBOB gasoline (RBU23 ) is down -0.37 (-0.13%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy prices. Also, concerns about China's economy are undercutting crude prices...

Barchart

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The simplicity of frying at home

"The more I fried, the more confident I became and soon, any and all oil-based projects felt attainable"

Salon

Work on airport complex on Chennai-Bengaluru Highway in Vellore nears completion

Work on Vellore airport complex on NH 44 nearing completion; steel fencing, approach roads, waiting hall, 850m runway, taxiway, ATC, terminal building, oil depot built; UDAN-RCS sanctioned airport to improve connectivity in smaller towns; facility to handle 20-seater aircraft; to benefit domestic travellers in nearby areas.

The Hindu

‘Politicians will be judged on delivery of net zero strategy,’ UN climate chief tells world leaders

Exclusive: You’re the ringmasters in fight to save planet, UN’s new climate chief tells world leaders

Evening Standard

Are oil boilers being phased out? Tory plans explained

The plans would see rural homes affected in a few years’ time

Evening Standard

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Here are eight vegetables you might not know you can eat raw for health boost

Experts say there’s no need to cook these delicious and nutritious veggies

The Independent UK

Tory MP George Eustice compares new oil boiler ban to Ulez for rural communities

Mr Eustice said the Government needs to create different approaches to develop the delivery of net zero, rather than ‘lock’ into technologies now.

The Independent UK

Crude Prices Moderately Lower on Concern About Tighter Fed Policy

September WTI crude oil (CLU23 ) on Monday closed down -0.88 (-1.06%), and Sep RBOB gasoline (RBU23 ) closed up +2.13 (+0.77%). Crude oil and gasoline prices Monday settled mixed. Crude prices fell back from a 3-3/4 month high posted in overnight trade and turned lower on concerns the Fed...

Barchart

Crude Prices Slip on Concerns of Additional Fed Rate Hikes

September WTI crude oil (CLU23 ) this morning is down -0.93 (-1.11%), and Sep RBOB gasoline (RBU23 ) is up +0.52 (+0.19%). Crude oil and gasoline prices this morning are mixed. Crude prices fell back from a 3-3/4 month high in overnight trade and turned lower on concerns the Fed...

Barchart

The world’s third-biggest company just saw its profits plummet 38%—but it still paid shareholders $19.5 billion in dividends

The company said boosting dividends was part of a “sustainable and progressive” approach to investor payouts.

Fortune

Just Stop Oil protesters, 68 and 66, who struck at Wimbledon appear in court

Play was disrupted after climate activists ran on to Court 18 and threw orange confetti and jigsaw pieces.

Evening Standard

Best skincare that doubles as makeup

From bronzing drops to lip oils, is it possible to replace your entire makeup bag with skincare products?

Evening Standard

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The Guardian - UK

Saudi Aramco’s quarterly profits drop nearly 40% but it still rakes in $30bn

Decline in crude oil prices and less refining income trims revenues inflated in 2022 by Russian invasion of Ukraine

The Independent UK

Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year

Saudi Arabia’s state-run oil giant Aramco made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year

The Independent UK

Romesco chicken and other recipes to fall in love with

This in-between phase of British summer calls for recipes that fill the gap. From date night romesco chicken to crispy chilli beef protein bowls, this week’s meal plan from Hannah Twiggs covers all the bases

The Independent UK

Three budget-friendly recipes to keep the bills down before pay day

Feeling the pinch? Hannah Twiggs shares three ways to elevate chicken wings and pork mince to new heights that neither skimp on flavour, nor break the bank

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The Guardian - UK

Starmer says Sunak’s lack of investment in wind power is ‘gift to Putin’

Labour leader claims Conservatives’ onshore turbine ban costs families £180 each and makes UK reliant on gas imports

The Independent UK

Just Stop Oil’s demands are ‘contemptible’, says Starmer

The Labour leader confirmed that he would not revoke drilling licences issued by Rishi Sunak

Zenger

Saudi Arabia Boosts Oil Prices To Asia And Europe Amid Growing Market Demand And Supply Restrictions

As supply constraints and increasing demand tighten the global crude market, Saudi Arabia raises oil prices to Asia and Europe

The Guardian - AU

Russia-Ukraine war: Three dead in overnight shelling across Ukraine – as it happened

Kyiv says 70 drones, cruise and hypersonic missile were used in attacks by Russia

The Hindu

Many Indane LPG distributors object to being forced to sell biscuits and flour in Chennai

Many distributors of the Indane liquefied petroleum gas (LPG) of the Indian Oil Corporation Ltd. are objecting to the oil marketing company (OMC) asking them to sell products of two private brands.

The Guardian - UK

Tories must show they care about the environment, says Thérèse Coffey

Environment secretary says party is still committed to net zero, after Rishi Sunak’s promise to ‘max out’ gas and oil reserves

The Guardian - UK

World Cycling Championships road race in Scotland interrupted by protesters

The men’s road race at the World Cycling Championships in Scotland has been interrupted by protesters

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