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The Latest Breaking News from Oil

PTT Exploration and Production (PTTEP) expects its oil and gas sales in 2023 to tally 456 kilo-barrels of oil equivalent per day (KBOED), down from a target of 470 KBOED, because of various factors including a production decrease at some petroleum sites.

Bangkok Post

Venezuela Oil Corruption Massive Scandal Prompts Rare Resignation Of Oil Minister

Due to a widespread corruption scandal involving the national oil corporation, Venezuela's former oil minister resigns.

Zenger

Crude Prices Sharply Lower on Global Economic Concerns

June WTI crude oil (CLM23 ) on Wednesday closed down -3.06 (-4.27%), and June RBOB gasoline (RBM23 ) closed down -11.36 (-4.66%). Crude oil and gasoline prices Wednesday fell sharply for a second session, with crude posting a 5-week low and gasoline posting a 2-1/4 month low. Crude prices are...

Barchart

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Alberta election: Is the province's energy regulator acting in the public interest?

Alberta’s claims that it’s a responsible energy producer are increasingly ringing hollow.

The Conversation

The supermarket staples that have soared in price this year - from cheese, milk and eggs to lemonade and chicken nuggets

Cucumber and olive oil have seen the biggest price increases

Manchester Evening News

Food and drink prices soar in supermarkets and takeaways

It's bad news if you like cucumbers, olive oil, hard cheese or popping out for fish and chips

Wales Online

Greece warned shipowners days before Iran seized tankers - sources

Greece issued a series of warnings to shipowners to avoid sailing close to Iranian waters days before Tehran seized two tankers amid heightening tensions in the region, according to documents and industry sources.

Reuters

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The Great Rotation: 3 Value Stocks to Buy in May 2023

As periods of economic turmoil bode relatively well for the value stocks, it could be wise to invest in shares of Group 1 Automotive (GPI), Golden Agri-Resources (GARPY), and Friedman Industries (FRD) that are trading at discounted prices and offer stable returns. Continue reading….

StockNews.com

Syria and Iran leaders sign long-term oil, trade agreements

The agreements were signed in Damascus to bolster economic ties between war-torn Syria and longtime ally Iran.

Al Jazeera

Crude Prices Sink on the Outlook for Weaker Global Energy Demand

June WTI crude oil (CLM23 ) this morning is down -2.87 (-4.01%), and June RBOB gasoline (RBM23 ) is down -10.73 (-4.41%). June Nymex natural gas (NGM23 ) is down -0.105 (-4.74%). Crude oil and gasoline prices this morning are falling sharply for a second session, with crude posting a...

Barchart

Is Now a Good Time to Scoop Up Shares of Exxon Mobil?

Shares of Exxon Mobil has dropped more than 5% in the past week, due to falling oil prices. Now could be a good time to scoop up shares of the massive oil and gas company.

Barchart

Double Threat: The Greenhouse Gases That Are Also Poisoning You Now

Diesel exhaust and emissions from plastic production warm the planet over time, while immediately threatening those who inhale their toxic fumes.

Capital & Main

Sudani Stresses Iraq’s Readiness to Support its Economic Partners

Iraqi Prime Minister Mohammed Shia Al-Sudani met on Tuesday with representatives from various foreign international oil companies to discuss progress in the oil investment sector and the development of partnerships between Iraq and major international players. During the meeting, the Prime Minister was briefed on the progress of work in…

Asharq Al-Awsat

Trio caught selling hash oil at Silk Board junction

The Madivala police on Sunday busted an inter-State drug racket and arrested three people selling hashish oil at the busy Silk Board Junction on Sunday.

The Hindu

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The Conversation

Climate change protest: a single radical gets more media coverage than thousands of marchers

Gil Scott Heron argued that the Revolution Will Not Be Televised. Yet recently in the UK that statement is being challenged by disruptive environmental protesters unexpectedly gatecrashing live sporting broadcasts.

Daily Record

Boots beauty fans rave £2.50 face oil they say is 'perfect' and 'moisturising'

Beauty shoppers haven taken to the online review section to share their thoughts and experience using the facial oil.

Evening Standard

A step-by-step guide to what happens during the coronation service

The main elements are the Recognition; the Oath; the Anointing; the Investiture and Crowning; and the Enthronement and Homage.

Daily Mirror

Coronation commander's greatest concern for Saturday - and it's not what you'd expect

Major General Christopher Ghika has pin-pointed where his major concerns lie ahead of the Coronation weekend but the threat of demonstrations is a long way down the list

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Evening Standard

Just Stop Oil protesters arrested at Parliament Square

Sixteen people were arrested for ‘breaching conditions to stay off the road’ during protest, police said

Al Jazeera

Iran seizes second oil tanker in a week amid US confrontation

US Navy says several Iranian vessels approached the tanker in the Strait of Hormuz and forced it into Iranian waters.

Reuters

Syria, Iran sign strategic cooperation accord, including oil MoU - news agency

The presidents of Iran and Syria on Wednesday signed a long-term strategic cooperation agreement, including a memorandum of understanding on oil industry cooperation, the Syrian state news agency reported.

The Independent UK

How food and drink items have risen in price in the past year

Cucumbers have gone up by 52%, olive oil by 49% and hard cheese by 44%.

The Guardian - UK

Climate protesters rework Spice Girls song to disrupt Barclays AGM

Lyrics of Stop changed to ‘stop right now, no more oil and gas’ because of bank’s fossil fuel funding

Roll Call

Democrats still aim to probe oil giants’ climate-change knowledge - Roll Call

Senate Democrats aim to continue a House investigation into the oil industry's so-called supermajors and what they knew about climate change.

Salon

Maine court recharges green energy plan

The new wires will help wean New England off fuel oil and natural gas

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