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The Latest Breaking News from Oil

Nine Just Stop Oil activists arrested at Heathrow airport ahead of planned disruption

Met Police officers arrested the group near a barbed wire fence close to passenger planes

The Independent UK

It’s easy to blame petrostates – but self-proclaimed ‘climate leaders’ like the US and UK are driving the crisis

In thrall to the oil and gas industries, wealthy nations are backing calamitous projects. But the tide is turning, says Tessa Khan of the climate action organisation Uplift

The Guardian - UK

‘Inexcusable’: should climate hypocrites get the petrostates label?

Suggestions definition of petrostate is too narrow as many rich countries that could phase out fossil fuels double down

The Guardian - UK

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Revealed: wealthy western countries lead in global oil and gas expansion

The US and the UK among countries with low dependence on fossil fuels criticized for ‘hypocrisy’ on climate pledges

The Guardian - US

Ten Just Stop Oil protesters appear in court charged with conspiring to disrupt Heathrow Airport

Protesters were arrested at two locations outside the UK’s busiest airport as climate protesters across Europe tried to disrupt air traffic

Evening Standard

California Isn’t Enforcing Its Strongest-in-the-Nation Oil Well Cleanup Law on Its Largest Oil Company

State regulators could have asked oil companies California Resources Corp. and Aera Energy for an estimated $2.4 billion to guarantee wells are plugged but decided they didn’t have the authority to do so.

Capital & Main

Asian Stocks Fall As U.S. Futures Drop, Oil Prices Rise

Asian stocks decline, U.S. futures fall, oil prices rise. Japan's Nikkei drops, yen strengthens. Mixed performance in Asia and the U.S. market. Challenges ...

Top News

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In Fuel-guzzling Saudi Arabia, Electric Cars Pique Interest

For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheeler favoured by motorists in the desert kingdom.

International Business Times

Energy, property drag Australian share market lower

Australian shares have eased on weakness in property and energy as US big tech earnings underwhelmed and commodity prices fell.

AAP

Bearish Short-Term Outlook for Oil Prices Despite Potential Supply Disruptions

Supply-demand dynamics, inventory fluctuations, and geopolitical tensions characterize the crude oil market landscape. Analysts at Morgan Stanley project the market to reach equilibrium by the fourth quarter of this year, potentially transitioning to a surplus by 2025. As traders await crucial US oil inventory data, the market is also reacting…

Barchart

Char your summer squash like a chef

Chef Tyler Fenton of BATA talks charring, cooking local and the bounty found in the 400 miles surrounding Tucson

Salon

8 award-winning body care buys with skincare-worthy ingredients

These effective body care products will get you on track for smoother, firmer and glowing skin

Woman & Home

Sugar Prices Fall on Doubts About Global Economic Growth

October NY world sugar #11 (SBV24 ) is down -0.17 (-0.93%), and Oct London ICE white sugar #5 (SWV24 ) is down -7.80 (-1.46%). Bearish factors for sugar today include sharply lower crude oil prices (CLU24 ) and concern about the global economic outlook. Lower crude oil prices undercut ethanol...

Barchart

Crude Oil Continues Lower on Economic Uncertainty

Sep WTI crude oil (CLU24 ) today is down -1.52 (-1.94%), and Sep RBOB gasoline (RBU24 ) is down -0.0410 (-1.69%). Crude oil prices on Tuesday continued lower on weaker-than-expected US economic reports and US political uncertainty, which increased after President Biden on Sunday dropped out of the presidential race...

Barchart

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Evening Standard

Tomato soup acted 'like paint stripper' in Just Stop Oil Van Gogh protest

Phoebe Plummer and Anna Holland deny causing any damage in the soup stunt at the National Gallery

The Guardian - AU

Ten Australian chefs on their favourite condiments: ‘My wife carries a bottle in her bag’

From a blended Japanese sauce that’s ‘good on everything’ to a transportive mustard, chefs and cooks share their secret sauces

The National (Scotland)

Campaign group organises rally to save jobs at Grangemouth oil refinery

A CAMPAIGN group working to keep Grangemouth oil refinery open has organised a march, calling on “anyone who believes in a fair and just…

Top News

Nigerian Legislators Investigate Alleged Contaminated Fuel Importation

Nigerian legislators investigate alleged contaminated fuel importation, sparking tensions between refinery and regulator.

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Al Jazeera

Russia-Ukraine war: List of key events, day 879

As the war enters its 879th day, these are the main developments.

The Independent UK

Lawmakers in Nigeria try to resolve rift between authorities and Africa's richest man

Nigerian legislators have begun an investigation into the alleged importation of contaminated fuel into the country, part of efforts to resolve issues causing a rift between an oil refinery owned by Africa’s richest man Aliko Dangote and the industry regulator

The National (Scotland)

Grangemouth oil refinery rival plans to sell more fuel once Scottish site closes

A MAJOR competitor to the Grangemouth oil refinery in the north of England is getting ready to sell more fuel ahead of the Scottish site closing…

Reason

Pompeo Is Selling a New Iran War to Republicans

Despite the party’s alleged turn against regime change wars, Pompeo’s stab-in-the-back myth has Republicans convinced that the same policy will work this time.

International Business Times

Israel Strikes On Yemen Port: What Is The Damage?

Israeli strikes on Saturday hit a power plant and fuel storage facilities in Hodeida, the main port under the control of Yemen's Iran-backed Huthi rebels.

Evening Standard

Just Stop Oil activists 'damaged antique frame' with Van Gogh's Sunflowers soup stunt at National Gallery

Just Stop Oil activists on trial accused of damaging an antique frame around Van Gogh’s Sunflowers with their soup protest

Barchart

Crude Oil Continues Lower on Economic Uncertainty

August WTI crude oil (CLQ24 ) today is down -0.24 (-0.30%), and Aug RBOB gasoline (RBQ24 ) is down -0.0096 (-0.39%). Crude oil and gasoline prices today extended last Friday's sharp losses on concern about the global economy and US political uncertainty. China's -10 bp rate cut today reinforced worries...

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