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The Latest Breaking News from Oil

Meet Tim Dunn: the ultraconservative billionaire pastor spending millions to protect his oil – and elect Trump

The Texas fossil fuel mogul has poured nearly $30m to drive the state legislature to the far-right, and now the evangelical Christian wants to spread his ideology to the federal government

The Guardian - US

Labour urged to come clean on oil and gas licensing amid confusion

QUESTIONS have been raised by concerned politicians over reports that Labour have ordered an immediate ban on new oil and gas drilling in the North…

The National (Scotland)

Iran Releases Seized Oil Tanker After Year-Long Detention

Oil tanker detained by Iran for over a year now heading towards international waters, easing tensions.

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POLL: Should Labour ban new North Sea drilling?

THE UK Government has denied reports of an immediate ban on new drilling in the North Sea ...

The National (Scotland)

“Seymour Duncan went to work. He dragged it through the grass. Put motor oil on it. Chipped it. Frank Zappa said, ‘If you wanted to ruin your guitar, Adrian, why didn’t you loan it to a friend?’” Adrian Belew’s number one Stratocaster has lived a life

Is this the first relic'ed guitar? Belew says so, and it's graced records by Zappa, Talking Heads, David Bowie and King Crimson. It has been on the cover of GW. It is still in service

Guitar World

Outrage in China over use of unwashed fuel tankers to transport cooking oil

Food safety scandal exposed by state-run newspaper has implicated several major Chinese firms

The Guardian - UK

Recovery operation underway as boat sinks and spills fuel at Scottish fish farm

A RECOVERY operation is underway at the Sound of Mull after a fish farm landing craft sunk and leaked fuel ...

The National (Scotland)

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Just Stop Oil activists found guilty of conspiring to block M25 traffic

Roger Hallam, Daniel Shaw, Louise Lancaster, Lucia Whittaker De Abreu and Cressida Gethin face long sentences after verdict

The Guardian - UK

Oil Demand Growth Slowing, China Consumption Dips: IEA

The Paris-based body that advises industrial nations on energy policy said oil demand increased by just 710,000 barrels per day in the second quarter, the slowest rate in over a year.

Latin Times

Argentina’s future lies in the balance as vast oilfields poised for extraction

If passed, a new bill would send the country headfirst into the Latin American oil rush and halt any meaningful energy transition

The Guardian - UK

The secret to the fast food in the air fryer – without the greasy fingers

For those looking to indulge without guilt, an air fryer is your perfect solution

The Independent UK

Budget Bites: Three recipes to make the most of summer’s best vegetables

Corn, green beans and courgettes shine in these recipes for pasta, rice salad and halloumi burgers

The Independent UK

Crude Settles Higher as Weekly EIA Inventories Fall

August WTI crude oil (CLQ24 ) Wednesday closed up +0.69 (+0.85%), and Aug RBOB gasoline (RBQ24 ) closed down -2.40 (-0.95%). Crude oil and gasoline prices settled mixed on Wednesday. Crude prices Wednesday rebounded from a 1-1/2 week low and moved higher after weekly EIA crude inventories unexpectedly declined. Also,...

Barchart

BP predicts global oil demand will peak in 2025, bringing to end rising emissions

Report says peak will bring to end to rising emissions as wind and solar capacity surges, but gas forecasts likely to cause concern

The Guardian - UK

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Woman & Home

7 award-winning problem solvers for all complexion issues

No matter your complexion concern, one of these skin saviours will come to your rescue

Salon

Death of Biden’s gas export pause

Climate activists saw the policy as a major win. It fizzled out within six months

Barchart

Crude Rallies as Weekly EIA Stockpiles Draw Down

August WTI crude oil (CLQ24 ) today is up +1.00 (+1.23%), and Aug RBOB gasoline (RBQ24 ) is up +0.21 (+0.08%). Crude oil and gasoline prices today recovered from early losses and are moderately higher. Crude prices rebounded from a 1-1/2 week low today and moved higher after weekly EIA...

Barchart

5 Standout Energy Stocks to Scoop Up this July

Amid expectations for higher oil demand from JPMorgan, here are 5 top-rated stocks from the energy sector with plenty of upside potential.

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news in one place.

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The Guardian - UK

Just Stop Oil activist urges jurors to apply ‘conscience’ in M25 protest trial

Five climate protesters deny conspiracy to intentionally cause a public nuisance after motorway action

The Guardian - UK

Why is Modi sucking up to Putin? It’s simple and cynical: China and oil

Building bridges to Russia plays to India’s strategic interest, which is to insert itself between Beijing and Moscow, says historian Sergey Radchenko

The Independent UK

China investigating after media report finds same trucks transport edible oil and a form of coal

China’s authorities are investigating food safety concerns in cooking oils after an investigative report from local media revealed that tankers carrying soybean oil from a major state-owned company were also used to carry a form of coal

The Guardian - UK

‘This is something that divides us’: Ecuador’s turbulent transition from oil dependence

With economic crises bearing down on the government, honouring the result of a referendum that demanded an end to drilling in a national park is proving difficult

The Independent UK

AP PHOTOS: Oil wrestlers battle for the title in a more than 600-year-old competition in Turkey

After nearly an hour of grappling with his opponent under the blazing sun, Turkey’s “Tireless Wrestler” was crowned the winner of the 663rd Kirkpinar Oil Wrestling Championships.

International Business Times UK

Warren Buffett Has Over 10% Of His Portfolio in Two Energy Stocks That Are Also Dividend Aristocrats

Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.

Barchart

Crude Closes Lower on Little Hurricane Damage to Texas Oil Infrastructure

August WTI crude oil (CLQ24 ) Tuesday closed down -0.92 (-1.12%), and Aug RBOB gasoline (RBQ24 ) closed down -1.05 (-0.41%). Crude oil and gasoline prices Tuesday fell to a 1-week low and closed moderately lower. Crude oil prices fell after the landfall of Hurricane Beryl in Texas on Monday...

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