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The Latest Breaking News from Oil

Global oil demand on course for record as China’s economy rebounds

International Energy Agency’s expectation for 2023 is 2m bpd higher than last year’s figure

The Guardian - UK

UAE Signs New Contracts to Develop Energy Sector

The United Arab Emirates awarded ADNOC Drilling a five-year contract to provide integrated drilling services for the development of the Upper Zakum oil field in Abu Dhabi. The new contracts in the oil and gas sector are part of the Emirati authorities' efforts to increase the production capacity of energy…

Asharq Al-Awsat

Russian shelling in Ukraine's eastern city of Sloviansk kills at least eight

The Russian shelling of a residential building in Sloviansk on Friday killed at least eight people and injured 21, according to the Donetsk regional governor. Also on Friday, Chinese Foreign Minister Qin Gang said that China won't sell weapons to either side in the war in Ukraine, in response to…

France 24

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Anointing of King Charles III at coronation will not be shown on TV

The sacred ceremony will be shielded from public view as it has been in previous coronations

The Independent UK

Measures sought to rein in airfares

The Airlines Association of Thailand (AAT) is urging the government to lower the fuel tax and operational fees at airports amid concerns over a potential increase in oil prices following the announcement by Opec+ that the group would reduce its output, saying the lower cost burden would eventually help to…

Bangkok Post

Why Gas Prices May Rise This Spring

Gas prices are being hit by several factors causing them to tick up this spring.

Kiplinger

Crude Oil Prices Fall on U.S. Economic Concerns

May WTI crude oil (CLK23 ) on Thursday closed down -1.10 (-1.32%), and May RBOB gasoline (RBJ23 ) closed down -4.10 (-1.43%). Crude oil and gasoline prices Thursday posted moderate losses. Crude prices were under pressure after Thursday's larger-than-expected increase in weekly initial jobless claims intensified concerns that the U.S....

Barchart

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Where are Corn, Soybean, and Cattle Prices Headed?

Check out my interview today on AgWeb's Markets Now, where I discussed corn, soybeans, wheat, crude oil, the weakening U.S. dollar, and skyrocketing cattle prices.

Barchart

Sugar Prices Slip on Weakness in Crude Oil Prices

May NY world sugar #11 (SBK23 ) on Thursday closed down -0.01 (-0.04%), and May London white sugar #5 (SWK23 ) closed down -3.70 (-0.53%). Sugar prices Thursday gave up an early advance and closed slightly lower after a decline of more than -1% in crude oil prices (CLM23 )...

Barchart

Newly active Texas sinkhole unearths forgotten fears in some

A massive sinkhole in the Southeast Texas town of Daisetta had been dormant since first appearing in 2008

The Independent UK

Exxon CEO’s pay rose 52% to nearly £30m amid Ukraine war, figures show

Darren Woods’ pay is ‘reflective of record company earnings and stock price performance’, says oil firm

The Guardian - UK

Crude Prices Slip on Concern the U.S. Economy is Slowing

May WTI crude oil (CLK23 ) this morning is down -0.22 (-0.26%), and May RBOB gasoline (RBJ23 ) is down -2.17 (-0.76%). May Nymex natural gas (NGK23 ) is down -0.057 (-2.72%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure after today's larger-than-expected...

Barchart

1996 Lexus LX 450 Project Car: From Ragged To Rugged Part 1

A 27-year-old off-roader is always a gamble, especially when it needs $2,000 in maintenance right off the bat.

Motor1

Q1 2023 and Beyond- Grains

The grain sector of the commodities market includes soybeans, corn, wheat, oats, and rice contracts that trade on the CME’s CBOT division. The grain sector declined in Q1 2023 with across-the-board losses.

Barchart

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Asharq Al-Awsat

Oil Edges Down on US Recession Risk

Oil prices slipped on Thursday as the prospect of a possible recession in the United States, the world's largest oil consumer, offset concerns of tight supply. Brent crude fell 55 cents, or 0.63%, to $86.78 a barrel by 1352 GMT.

Marie Claire

Beauty Around the Clock: Carlacia Grant

The Outer Banks star on DIY hair masks, her glitter eyeliner obsession, and why she believes in drinking charged moon water.

Daily Mirror

King Charles Coronation: Everything we know - George's role, tiara rows and Meghan no-show

King Charles and Queen Camilla's Coronation is due to take place at Westminster Abbey on May 6 in what is being described as a ceremony that will be "rooted in tradition" but also "looking towards the future" - here's all we know about the historic event

StockNews.com

2 of the Best Energy ETFs to Buy This Week

Amid soaring demand for oil and gas, oil prices appear to be on a positive trajectory. Against this backdrop, strong fundamentals of energy ETFs, Energy Select Sector SPDR ETF (XLE) and Fidelity MSCI Energy Index ETF (FENY), might make them wise portfolio additions this week. Read on….

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Barchart

Find Out Which Oil Company is Betting Big in Alaska

This major oil company is planning a major new drilling in project in Alaska that could boost its production significantly.

The National (Scotland)

Permanent oil pollution of Scottish waters revealed for first time

Oil slicks off the coasts of Aberdeen and Shetland have been identified in a report revealing thousands of tonnes of spills into UK waters from oil…

The Conversation

Why democratic countries around the world are not prepared to support Ukraine – and some are shifting closer to Russia

After over a year of the Ukraine war, efforts at building a global consensus against Russia seem to have stalled, with many countries opting for neutrality.

Daily Record

Vegetable oil to power new Renfrewshire Council bin lorries as authority cool on going electric

The refuse collection vehicles – the result of a £600,000 contract – are set to arrive at Paisley’s Underwood Road in October.

Tribune News Service

Quick Fix: Skillet Pork Chops with Sweet Red Pepper Sauce with Rotini and Arugula full of flavor

A sweet red pepper sauce flavors boneless loin pork chops for this easy dinner. Without the bone and less fat, the pork chops can become dry when sauteed. Here’s a way to keep them moist. I brown them on one side, turn them over and cover the skillet with a…

Radio France Internationale

Fresh strikes, protests grip France ahead of court ruling on pensions law

France began a 12th day of cross-sector strikes Thursday to protest the government’s contested pension reform. Oil refinery workers walked off the job and protesters piled up rubbish bins in front of the Constitutional Council, which is expected to rule Friday on the legality of the legislation.

The Independent UK

How to make a frittata with whatever you’ve got in the fridge

Get your five-a-day in this nutritious meal from Tess Daly’s new cookbook, says Lauren Taylor

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