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The Latest Breaking News from Oil

S&P 500 Surges 2%; Crude Oil Rises Sharply

U.S. stocks extended gains midway through trading, with the Dow Jones gaining more than 600 points on Monday.

Benzinga

‘Significant risk’ of winter gas shortages in Great Britain, warns Ofgem

Electricity-producing firms ask regulator to change rules that could penalise them if gas supplies run out

The Guardian - UK

Ghana’s petroleum sector management is a mess: what’s gone wrong?

After three decades of prospecting Ghana discovered commercially viable quantities of petroleum in 2007. Within 3.5 years, it exported its first barrels of crude oil. The progression from discovery to extraction and export was twice as rapid as the global average of six to seven years.

The Conversation

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read the most diverse news in one place.

Gas keeps costing more. Would an emergency oil supply help cut prices?

WASHINGTON — California gasoline prices are soaring again — up more than a dollar over the last month — and the latest big congressional idea for relief involves creating an emergency oil supply that Washington would tap when prices soar.

McClatchy Washington Bureau

Are wood-burning stoves legal in the UK? Gas boiler alternatives as energy prices soar

From solar-powered electric heating to infrared heating panels, many Ecodesign alternatives exist to help you comply with the government’s ban on certain wood-burning and multifuel stoves

Daily Mirror

Oil Jumps More Than $3 as OPEC+ Weighs Output Cut

Oil prices jumped by more than $3 on Monday as OPEC+ considers reducing output by more than 1 million barrels per day (bpd) to buttress prices with what would be its biggest cut since the start of the COVID-19 pandemic. Brent crude futures rebounded $3.37, or 4%, to $88.51 a…

Asharq Al-Awsat

I went from earning £10,000 a month to losing everything

At one point Welshman Andrew says he owned five houses

Wales Online

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A week’s worth of autumnal dinner recipes

It’s time for cold weather eating, and this week that means apples and butternut squash in everything from pastas to traybakes, says Emily Weinstein

The Independent UK

Gretchen's table: Vermont apple cider doughnuts

My granddaughter, Greta, and I have a lot in common: We're both always moving, easy to smile (if occasionally cranky) and love to be outdoors in the sunshine.

Tribune News Service

Quality Street fans confused as wrappers change after 86 years - but new look is 'dull'

There's nothing more quintessentially Christmassy than seeing the shiny foil wrapping of Quality Street sweets gazing at you in the tin - but we're waving bye-bye to the iconic packaging

Daily Mirror

Norway posts soldiers at oil, gas plants after Nord Stream leaks

Norway's military said on Monday it had posted soldiers to help guard major onshore oil and gas processing plants, part of a wider effort to boost security amid suspicion that sabotage caused leaks in the Nord Stream gas pipelines last week.

Reuters

Seventh day of strikes disrupts French refineries

Strikes are disrupting TotalEnergies' oil products refining and delivery for a seventh day at four sites throughout France, a CGT trade union representative told Reuters on Monday.

Reuters

Govt cuts windfall taxes on diesel, aviation fuel and local oil

NEW DELHI: India slashed windfall taxes on locally produced crude oil, and for exported diesel and aviation turbine fuel, in line with the decline in international prices.

The Times of India

OPEC+ to consider output cut of more than 1 million barrels

The OPEC+ group of oil producers will consider cutting output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than two years.

Tribune News Service

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Salon

Offshore wind best deal for taxpayers

A new report finds per-acre revenue from offshore wind blows oil and gas out of the water

ABC News

Russia's millionaires dying in 'epidemic of murder' to fund Vladimir Putin's war in Ukraine, says campaigner

Russia's elite businessmen are dying in more and more suspicious circumstances. Human rights campaigner Bill Browder suspects the hand of the man in the Kremlin.

Los Angeles Times

Company responsible for California oil spill gets permission to repair pipeline

LOS ANGELES — The Houston-based company operating the oil pipeline that ruptured off Huntington Beach last fall announced Saturday that the government has green-lighted its plans to repair the pipeline, raising the possibility it will be operational again early next year.

Salon

The best way to grill vegetables

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The Independent UK

Second day of protests against soaring energy prices and climate crisis

Just Stop Oil campaigners said supporters had marched through central London, disrupting traffic, and staged a sit-down protest on Waterloo Bridge.

USA Today Sports Media Group

Tennessee Titans vs. Indianapolis Colts, live stream, TV channel, kickoff time, how to watch NFL

The Tennessee Titans will meet the Indianapolis Colts in Week 4 of NFL action on Sunday afternoon from Lucas Oil Stadium.

Wales Online

I made a cheap and healthy meal with an air fryer and now I'm a full convert

'There are so many things you can do with an air fryer and I am fully on board with the craze'

The Hindu

India makes strong pitch to major U.S. firms for investing in oil and gas production

India, also being the 2nd largest refiner in Asia with 23 refineries, will increase its refining capacity.

Asharq Al-Awsat

US Asserts 'Managing' Oil Revenues to 'Support Libyan People'

US officials focused on the "management of Libya's oil revenues" in their meetings with interim Libyan unity government officials, headed by Abdel Hamid Dbeibeh and the governor of the Central Bank of Libya (CBL). A statement by the US embassy said that a delegation that included US Deputy Assistant Secretary…

Asharq Al-Awsat

Venezuela Frees 7 Americans in Swap for Maduro Wife's Relatives

In a rare softening of hostile relations, Caracas on Saturday freed seven detained Americans -- including five oil executives -- in exchange for the release of two nephews of Venezuela's first lady who were jailed in the United States for drug trafficking. President Joe Biden issued the announcement that the…

The Independent UK

Allies aim for risky Russian oil price cap as winter nears

U.S. officials celebrated at the start of September when top allies agreed to back an audacious, never-before-tried plan to clamp down on Vladimir Putin’s access to cash

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