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The Latest Breaking News from Oil

Saudi Arabia Raises Arab Light Crude Prices for Asia for 3rd Month

Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month, informed sources said. The official selling price (OSP) for May-loading Arab Light to Asia was raised by 30 cents a barrel from April to $2.80 a barrel…

Asharq Al-Awsat

Commentary: Our departing columnist explores Dallas’ growth story — ‘The business of Texas is business’

DALLAS — Like millions of others, my spouse and I moved to Dallas for a job – her job – and remained to build a life, family and career.

Tribune News Service

Wall Street Analysts Raise Their Oil Price Forecasts After Shocking Supply Cuts By OPEC+

Analysts on Wall Street are becoming far more bullish on oil prices, after OPEC+ announced voluntary output cuts totaling 1

Zenger

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Occidental's Vicki Hollub on what future CEOs need to know before moving into the C-suite

She also recounts what it was like to call Warren Buffett to talk about a deal.

Fortune

Dollar Strength and Weak U.S. Economic News Weigh on Crude

May WTI crude oil (CLK23 ) on Wednesday closed down -0.10 (-0.12%), and May RBOB gasoline (RBJ23 ) closed up +8.30 (+3.03%). Crude oil and gasoline prices Wednesday settled mixed. A stronger dollar Wednesday (DXY00 ) weighed on crude prices. Also, signs of a slowdown in the U.S. economy are...

Barchart

Saudi Arabia hikes oil prices to Asia after OPEC+ shock cuts

Saudi Arabia hiked official selling prices for all of its oil sales to Asian customers in May, days after the kingdom led a surprise OPEC+ output cut.

Tribune News Service

Land Rover Recalls Just One Range Rover For Engine Fire Risk

One other Land Rover also has this problem, but it's not in the US.

Motor1

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Motormouth: Which oil filters can I use?

Q: I have a question about oil filters. I change my own oil on two Chevrolets. They use the same filter. One is a 1996 truck, the other is a 2001 S10 blazer. When I buy filters at parts stores, the filters say for synthetic oil. I use semi-synthetic oil.…

Tribune News Service

Crude Prices Weaker as a Slowing U.S. Economy Undercuts Energy Demand

May WTI crude oil (CLK23 ) this morning is down -0.55 (-0.68%), and May RBOB gasoline (RBJ23 ) is up +3.79 (+1.38%). May Nymex natural gas (NGK23 ) is up +0.039 (+1.85%). Crude oil and gasoline prices this morning are mixed. A stronger dollar today is weighing on crude prices....

Barchart

TotalEnergies, Iraq Agree on Delayed $10 Bn Project

French energy giant TotalEnergies announced Wednesday an agreement with Iraq on a long-delayed $10 billion project to improve the country's rundown electricity grid after resolving disputes over the terms of the deal. The contract -- which includes investments in oil, gas and solar production -- was signed in September 2021…

Asharq Al-Awsat

China’s Insatiable Demand for Gold Explained

China continues to add huge quantities of gold to its reserve, as it looks to displace the Petrodollar for the Petroyuan.

Barchart

Surprise cut to global oil production expected to add 5c to Australia’s average petrol price

‘We’re not in petrol purgatory anymore’ but prices not yet low enough to deliver ‘meaningful relief to families’, NRMA says

The Guardian - AU

Here’s Why You Must Pay Attention to Eldorado Gold (EGO)

With Eldorado Gold continuing to rise higher against a rough backdrop for the equities market, investors should pay close attention to EGO stock.

Barchart

Titans drop video teasing reveal of Oilers throwbacks

The Titans dropped a video on Monday that teases the reveal of the Oilers throwbacks.

USA Today Sports Media Group

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Homes & Gardens

Air Fryer vs Deep Fat Fryer: fried-and-tested by experts

Our expert opinion on the best, fried-and-tested appliances for your culinary needs

Bristol Post

Luke Jerram confirms dates for new art installation to have world premiere at Bristol Cathedral

The latest project has been described as "both very beautiful and slightly disconcerting"

Evening Standard

Best rosemary oil products for hair growth: Top shampoos, conditioning treatments and essential oils

The latest BeautyTok trend is one we’re fully on-board with

The Guardian - US

Global banks pledged to cut emissions – but still invest billions on US gas exports

Many banks promised to work toward net-zero emissions – but their targets explicitly exempt liquefied natural gas projects

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Real Homes

How to season a stainless steel pan

Our five-step tutorial shows you how you can use salt and oil to increase the lifespan of your favorite cookware items

The Independent UK

You’ve seen BAO’s famous Taipei butter rice on Instagram – here’s how to make it at home

BAO might be best known for its steamed buns, but the Taipei butter rice comes in close second. Founders Erchen Chang, Shing Tat Chung and Wai Ting Chung explain its origins – and reveal the recipe

Tribune News Service

Bobby Ghosh: At last, some good news from Yemen

It’s been so long since there was any cause for optimism in Yemen that you might want to cross your fingers before you read on: The likelihood of an environmental catastrophe in the Red Sea, one of the country’s many calamities, is abating.

Insider UK

Yousaf announces £25 million boost for just transition

Money taken from Just Transition Fund will be given to the Scottish National Investment Bank

Barchart

Crude Prices Supported by the Outlook for Tighter Global Supplies

May WTI crude oil (CLK23 ) on Tuesday closed up +0.29 (+0.36%), and May RBOB gasoline (RBJ23 ) closed down -2.04 (-0.74%). Crude oil and gasoline prices Tuesday settled mixed with crude posting a 2-1/4 month high. Crude prices have carryover support from Sunday when OPEC+ unexpectedly announced a -1.0...

Barchart

Strength in Crude Oil Underpins Sugar Prices

May NY world sugar #11 (SBK23 ) on Tuesday closed up +0.07 (+0.31%), and May London white sugar #5 (SWK23 ) closed up +3.40 (+0.54%). Sugar prices Tuesday closed moderately higher but remained below Monday's significant highs. On Monday, NY sugar rallied to a 6-1/2 year nearest-futures high, and London...

Barchart

Surprise Oil Cuts Undergird Unusual Options Volume for Vaalco Energy (EGY)

Hydrocarbon specialist Vaalco Energy represents an under-the-radar opportunity, especially as surprise oil production cuts bolster EGY stock.

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