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The Latest Breaking News from Oil

Plunge in sterling leaves drivers paying £6 more for tank of petrol, says AA

While oil prices are back to pre-Ukraine war levels, a weaker pound results in higher costs for motorists

The Guardian - UK

Sinking value of the pound ‘adds £5 to tank of petrol’

Pump price savings are being ‘severely undermined’ by the weakness of sterling, the AA said.

The Independent UK

Ditch These 2 Dangerous Oil Stocks Before It's Too Late

The Fed’s aggressive rate hikes and stronger dollar pushed the oil prices down. Therefore, it might be wise to avoid fundamentally weak oil stocks Tellurian (TELL) and Camber Energy (CEI) before it’s too late. Read on….

StockNews.com

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Saudi prince's Ukraine mediation signals 'useful' Russia ties - analysts

Saudi Arabia has won a diplomatic victory by securing freedom for foreign fighters captured in Ukraine, signalling the value of the crown prince's alliance with Russia to Western partners seeking to isolate Moscow over the war there, analysts say.

Reuters

Bowen urges new China-US climate talks

China and the United States should put aside their differences and resume climate talks to ensure COP27 is a success, Climate Change Minister Chris Bowen says.

AAP

Why Shares Of Oil & Gas Companies Are Trading Lower, Here Are 62 Stocks Moving In Friday's Mid-Day Session

Gainers Kiromic BioPharma, Inc. (NASDAQ: KRBP) shares jumped 87% to $0.4791. Kiromic BioPharma, said on Sept. 15, that the company received letter from the Nasdaq that co. has been granted 180-day extension to March 13, 2023 to regain compliance.

Benzinga

Nasdaq Tumbles Over 200 Points; Crude Oil Drops Sharply

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping more than 200 points on Friday.

Benzinga

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Nine unusual cleaning products that can save you money including shaving foam, mayonnaise and coconut oil

The price of some household products such as stain removers and surface sprays are among typical goods to increase in price at an alarming rate

Wales Online

35 metre art installation to open in West Super Mare after oil rig transformation complete

See Monster is an art installation in Weston Super-Mare opening to the public on Saturday. The work is a transformed disused oil rig from the North Sea, as part of the UK wide Unboxed project. The transformation of the structure was led by Leeds-based creative studio Newsubstance, who’s founder Patrick…

Evening Standard

Onshore wind farm ban scrapped in mini-Budget OLD REDIRECTED

Campaigners welcome move – but condemn fossil fuel push and plan to weaken environmental protections

The Independent UK

Saudi discovers huge gold deposits in Medina as its offers 'opportunities to the world'

The Saudi Geological Survey said they found large stores of gold and copper ore within the boundaries of one of Islam's holiest cities, Medina, in a find they hope will help diversify their oil-dependent economy

Daily Mirror

Australia’s best-selling skincare brand launches new lightweight eye cream - with a 5,000 person waitlist!

Australia’s number one Hemp skincare brand, Hey Bud, has unveiled an exciting new addition to the much-loved Hemp Seed Oil powered range - the Hey Bud Eye Cream

Daily Mirror

US Stock Futures Down Ahead Of Powell, PMI Data; Crude Oil Falls Sharply

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Dow Jones closed lower by more than 100 points, while the Nasdaq Composite fell around 150 points in the previous session after the US Federal Reserve, on Wednesday, raised its policy…

Benzinga

ADNOC, TAQA Conclude $3.8b Deal on Clean Energy, Decarbonization

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) revealed concluding a $3.8 billion strategic project to power and decarbonize ADNOC's offshore production operations. Together with a consortium comprised of Korea Electric Power (KEPCO), Kyushu Electric Power Company (Kyuden) and Électricité de France (EDF) (the…

Asharq Al-Awsat

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Tribune News Service

VIEWPOINT 2: Trusting Iran compromises our national security

Last month, the Department of Justice unsealed a case against an Iranian agent charged with plotting the assassination of former U.S. national security adviser John Bolton. In the alleged murder-for-hire scheme, the defendant attempted to pay operatives $300,000 to carry out the assassination on American soil.

Evening Standard

See Monster: Decommissioned oil rig to reopen as public art installation

The attraction features four levels, a garden and a 10-metre waterfall

Asharq Al-Awsat

Oil Prices Edge Down, Recession Fears Back in Focus

Oil prices fell on Friday amid recession fears and a stronger US dollar, though losses were capped by supply concerns after Moscow's new mobilization campaign in its war with Ukraine and an apparent deadlock in talks on reviving the Iran nuclear deal. Brent crude futures fell 41 cents, or 0.5%,…

The Times of India

How to use avocado oil for hair growth

Maintaining healthy hair is a problem most people face globally. There are many medicines and supplements people can take to ensure a healthy head of hair, but many of these come with unwanted side effects that lead to other issues and more discomfort. There are many superfoods that are recommended…

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The Independent UK

Judge approves $230M settlement in California oil spill case

A judge has approved a $230 million lawsuit settlement by the owners of a pipeline that spilled more than 140,000 gallons of crude oil into the ocean off California in 2015

The Independent UK

Decommissioned oil rig to reopen as public art installation

See Monster features four levels, a garden and a 10-metre waterfall.

Reuters

Venezuela requests warrants for 23 former petrochemical executives -minister

Venezuela has requested international warrants for the arrest of 23 former executives of a petrochemical company in Colombia, Venezuelan Oil Minister Tareck El Aissami said on Thursday.

Bangkok Post

TOP allocates $5bn to invest in fast-growing businesses

Thai Oil Plc (TOP), Thailand largest oil refinery by capacity, is planning to allocate US$5 billion in capital spending to support its long-term investments in new rapidly growing businesses.

Benzinga

Dow Turns Higher; Crude Oil Rises 0.7%

U.S. stocks pared some losses, with the Dow Jones turning higher toward the end of trading on Thursday.

Reuters

Argentine oil workers strike after refinery explosion kills three

BUENOS AIRES - Argentina's largest oil union said it launched an indefinite strike on Thursday after an explosion at a refinery in the western province of Neuquen killed three.

The Independent UK

Fire in Argentina refinery kills three

A fire in an oil refinery in southwestern Argentina has killed at least three people

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