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The Latest Breaking News from Oil

‘We’re in trouble’: Electric rates in Texas have surged over 70% as summer kicks in

There’s no escaping rising oil prices. They’ve driven up the cost of gasoline, and the higher expense registers every time people fill up the tank.

Tribune News Service

East Lothian bathers warned to stay out of water after oil spill at Torness

The leak happened at an electricity substation on the nuclear power station site after a fault sparked a fire system into action sending oil and cooling water into the drainage system

Edinburgh Live

If Biden Were Serious About Energy Policy, Here's What He'd Propose

Blaming oil companies and Vladimir Putin for our current energy woes is dishonest and unhelpful.

Reason

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Warren Buffett Upped His Stake in This Energy Stock Again. Should We Do It, Too?

The oil and gas company Occidental Petroleum (OXY) has achieved strong top and bottom-line growth in its most recent quarter. Also, the stock has gained nearly 109% in price year-to-date, driven by the industry tailwinds. Moreover, renowned investor Warren Buffett has bought more OXY shares, raising its stake to 18.7%…

StockNews.com

Six things to watch during Biden's trip to the Middle East

President Joe Biden is heading to the Middle East for the first time since taking office last year

The Independent UK

Cleaning fan shares £1 oil hack to 'repel' spiders from inside your home

Many people are fearful of spiders and will be looking for ways to rid their home of them, without it being actually harmful to the eight-legged creatures themselves

Daily Mirror

3 Bloated Oil & Gas Stocks to Avoid as Energy Prices Fall

Energy prices declined significantly last week due to concerns that an economic slowdown could weaken demand. Given the price volatility, we think it could be wise to avoid fundamentally weak oil & gas stocks Houston American Energy (HUSA), NextDecade (NEXT), and Tellurian (TELL), which look bloated. Read on….

StockNews.com

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Biden is trying to rebuild America’s middle class. Our lopsided economy needs it

The Republican promise is to cut taxes and regulation. But the numbers show just how badly that argument has failed

The Guardian - US

Boris Johnson rules out windfall tax on electricity firms

Ex-chancellor Rishi Sunak had mooted tax similar to energy profits levy on North Sea oil and gas

The Guardian - UK

Petrol price hike, raising power tariffs: What Pakistan needs to do to obtain IMF loan

NEW DELHI: The economic crisis in Pakistan has posed severe challenges for the government as it grapples with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency.

The Times of India

3 High-Yield Stocks to Buy and Hold for the Rest of 2022

The growing concerns over a potential recession due to tighter monetary policy to tame the high inflation have kept the stock market under immense pressure lately. Given this volatile backdrop, we think it could be wise to buy and hold high-yield dividend stocks Suncor Energy Inc. (SU), MetLife, Inc. (MET),…

StockNews.com

Ukrainian Paratroopers Blow Up Russian Tank, Thwarting Infantry Push

The video was obtained from the 80th Air Assault Brigade of the Ukrainian Air Assault Forces.

Zenger

Five foolproof recipes to try even if you think you’re a pro in the kitchen

Here’s five beginner recipes for you or the people in your life who could use them most, says Emily Weinstein

The Independent UK

Russian Fighting Vehicle Now Flies Ukraine Flag After Being Captured By Brave Reserve Troops

The footage was obtained from the Regional Directorate of the Territorial Defense Forces "East" of the Armed Forces of Ukraine.

Zenger

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news in one place.

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Zenger

Ukrainian Artillerymen Joke They Are Helping Russian Troops Provide Further Gestures Of Goodwill

The video was obtained from the 40th Artillery Brigade of the Ukrainian Armed Forces.

Zenger

Ukrainian Artillerymen Show Destruction Of Russian Military Vehicles In Dnipropetrovsk Region

The footage was obtained from the 45th Separate Artillery Brigade of the Armed Forces of Ukraine along with a statement.

Daily Mirror

Holiday warning for Brits as travel insiders say flight prices are set to soar

Willie Walsh, director general of the International Air Transport Association, has said the rising cost of oil and increased competition for plane seats will cause ticket prices to rise

Zenger

Ukrainian Intelligence Strike Drones Destroy Three Russian Tanks And Infantry Vehicle In One Swoop

The Security Service of Ukraine released the footage on Thursday, July 7.

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Tribune News Service

Gretchen's table: Air fryer salt and pepper chicken

If you love fried food but hate the fat and calories that come with cooking something in oil, an air fryer can come to the rescue. It uses hot air to cook whatever protein or veggies you put in its basket and makes them surprisingly crisp — typically without much…

Zenger

Ukrainian Forces Battle To Clear Kharkiv Region Of Russian Forces

The footage was obtained from the State Border Service of Ukraine on Friday, July 8.

Zenger

Russia Claims Images Show Attack Helicopters Carrying Out Combat Missions In Ukraine

Mi-8AMTSh 'Terminator' attack helicopters are a special variant of the Mi-8AMT helicopter.

The Independent UK

Tory leadership contenders urged to ignore ‘siren voices’ pushing them to ditch net zero promises

Exclusive: MPs and peers alarmed at sceptics’ push to dismantle policies aimed at tackling climate change

Zenger

Russia Claims To Have Destroyed Harpoon Missile Systems Given To Ukraine By Britain

The footage was obtained from the Russian Ministry of Defense (MoD) on Friday, July 8.

Zenger

Russian Space Force Launches New Satellite Promising Greater Navigational Accuracy

The 'Z' is one of the symbols that is often seen painted on Russian military vehicles taking part in the invasion of Ukraine.

Zenger

Tanks A Lot: Ukrainian Forces Joke They Are On Safari To Create A Russian Tank Cemetery

The video was obtained from the Armed Forces of Ukraine.

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