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The Latest Breaking News from Oil

Crude Rallies with Risk Assets on Signs of Progress in Debt Ceiling Negotiations

July WTI crude oil (CLN23 ) this morning is up +0.71 (+0.99%), and July RBOB gasoline (RBN23 ) is up +3.05 (+1.19%). June Nymex natural gas (NGM23 ) is down -0.083 (-3.60%). Crude oil and gasoline prices today are moderately higher. Signs that U.S. lawmakers are close to a deal...

Barchart

Study discovers new method that lowers crop damage from mice, during plague

Scientists at the University of Sydney found that a non-toxic technique can significantly reduce seed loss by keeping mice away from wheat crops. Read further on Dynamite News:

Dynamite News

French oil giant Total defends strategy after police teargas climate protesters

French electricity giant TotalEnergies has defended itself after police teargassed climate activists outside its annual assembly in Paris on Friday. The government has urged the firm to speed up the switch to renewable energy.

Radio France Internationale

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Gary Lineker hails Just Stop Oil campaigners as 'heroes' amid protest backlash

"They do stuff knowing that they'll probably be locked up, and I kind of admire that"

Bristol Post

BBC's Chris Packham joins Just Stop Oil in London after their latest controversial stunt

The Springwatch presenter and wildlife advocate has voiced his support for protest groups before, sparking rows and criticism from the BBC for allowing him to favour their causes

Daily Mirror

Climate protesters dog oil major TotalEnergies' shareholder meeting in Paris

French police have thrown a security cordon around a shareholders meeting in Paris of oil major TotalEnergies

The Independent UK

After inauguration fanfare, immense economic challenges await Nigeria's Tinubu

Nigeria's incoming President Bola Tinubu will inherit anaemic economic growth, record debt and shrinking oil output, but before he can start fixing these pressing problems he will need to secure public support for painful decisions.

Reuters

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Canada's oil capital Calgary to be swing city in Alberta election

Canada's corporate oil capital Calgary will be a crucial battleground in Alberta's provincial election on Monday, with the latest polling suggesting Rachel Notley's left-leaning New Democratic Party (NDP) holds a slight edge in the city.

Reuters

'It’s s****y see them drink it': Dismay after geese caught in 'oil leaking from abandoned boat' in Rochdale Canal

The mess has been reported to the Canal and Rivers Trust

Manchester Evening News

AP PHOTOS: A proliferation of gold mines in Venezuela offers grueling, dangerous work

Venezuela is known to have the world’s largest oil reserves, but its soil holds another valuable resource: gold.

The Independent UK

Crude Prices Tumble as OPEC+ Expected to Maintain Crude Production Targets

July WTI crude oil (CLN23 ) on Thursday closed down -2.51 (-3.38%), and July RBOB gasoline (RBN23 ) closed down -6.74 (-2.57%). Crude oil and gasoline prices Thursday fell sharply. A rally in the dollar index Thursday to a 2-1/4 month high was bearish for energy prices. Also, the outlook...

Barchart

‘The public wants certainty’: why have Americans stopped trusting in science?

In a new book, chemist Christopher Reddy tackles the problems faced by the scientific community during moments of major crisis

The Guardian - US

Crude Prices Sink on Outlook for OPEC+ to Maintain Crude Production Targets

July WTI crude oil (CLN23 ) this morning is down -3.01 (-4.05%), and July RBOB gasoline (RBN23 ) is down -9.74 (-3.72%). June Nymex natural gas (NGM23 ) is down -0.059 (-2.46%). Crude oil and gasoline prices this morning are sharply lower. A rally in the dollar index today to...

Barchart

Tinubu inherits Nigeria’s high debt – an economist analyses what this means for the country's future

As the 16th president of Nigeria, Bola Ahmed Tinubu inherits an economy that is grappling with inflation, chronic unemployment, extreme poverty, crumbling infrastructure and insecurity.

The Conversation

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Radio France Internationale

World investing more in solar than oil as investment in renewables soars

Global investment in solar power is expected to overtake investment in oil for the first time ever this year, as spending on renewables continues to increase more than spending on fossil fuels, according to the International Energy Agency. And yet, fossil fuel investment is still too high to reach any…

The Conversation

Greenwashing: energy companies make false claims about sustainability – they should be held to account

Companies implement corporate social responsibility (CSR) as a way to present an environmentally responsible image and therefore gain legitimacy in the eyes of their stakeholders. But some companies don’t actually live up to their claims.

Daily Record

Expert shares 'nutrient rich' hair loss hack to boost growth for luscious locks

The hair and scalp specialist has shared their industry knowledge for a thicker barnett.

Daily Mirror

Piers Morgan brands Just Stop Oil 'thugs' for 'destroying' Chelsea Flower Show garden

Piers Morgan has furiously hit out at Just Stop Oil protestors over their latest stunt

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The Independent UK

Onlooker shouts ‘you morons’ at Just Stop Oil protesters at Chelsea Flower Show

Onlookers shouted at Just Stop Oil protesters who targeted a Chelsea Flower Show garden before being sprayed with a hose.

Bristol Post

New energy price cap rates - what have they been set at?

Ofgem announced the energy price cap will be lowered from July 1 after a drop in the wholesale price of gas and oil

Kiplinger

Mixed Bag on Business Costs as Manufacturing Costs Fall, Oil is Headed Up: Kiplinger Economic Forecasts

Mixed bag on business costs as manufacturing and gas prices fall, but oil is up: Kiplinger Economic Forecasts

Liverpool Echo

Takeaway issues 'polite notice' after kids throw forks at staff

Some of the forks were thrown into hot cooking oil

The Walrus

Where There’s Oil, There’s Fire: Lessons from Canada’s Costliest Disaster

John Vaillant’s Fire Weather proves people are behind ever-worsening wildfires

Insider UK

Oil and gas emissions predicted to rise for North Sea companies

Shell and BP responsible for around 36% of the total 725 million tonnes of CO2 set to be emitted between now and 2030

The Independent UK

Paint thrown over Chelsea Flower Show garden in Just Stop Oil protest

Orange paint was thrown over an exhibit at the event in London.

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