North Sea Crude-Some grades rise, WTI steady

The Telegraph
How Putin handed America the keys to the world’s energy market
It did not take long for Vladimir Putin’s invasion of Ukraine to reshape the world’s energy markets, as countries long reliant on Russian gas sought to sever ties as soon as possible.
Reuters
Analysis-A mountain of asset sales loom after oil megamerger era
U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews. Energy stocks represent just 4.1% by weight of the S&P 500, a third of their 2011 share as tech and health care investments took off. There are fewer institutional and European oil buyers interested, and a lack of ready cash to finance these deals.
Reuters
Oil settles $1 up, war risk premium outweighs ample US stocks
HOUSTON (Reuters) -Oil futures settled higher on Thursday on worries about global crude supply disruptions as geopolitical pressure in the Middle East and Europe mounted, while a surprise increase in U.S. crude and gasoline inventories gave prices a ceiling. Brent crude oil futures settled up $1.14, or 1.34%, to $86.39 a barrel. Cross-border strains between Israel and Lebanon's Hezbollah have been escalating, fanning fears that a widening war could draw in other countries including major oil producer Iran.
Reuters
Oil rises on positive economic outlooks; poised for third weekly gain
(Reuters) -Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest rates. "Crude oil edged higher despite weak near-term fundamentals," said ANZ analysts, referring to unexpected gains in U.S. crude inventories despite expectations of a drawdown during the summer peak demand. Growing expectations of an imminent Fed easing cycle have sparked a risk rally across stock markets.
Investing.com
Oil prices settle higher on supply disruption jitters amid geopolitical tensions
Investing.com -- Oil prices settled higher Thursday as rising Middle East tensions stoked worries about global supplies disruptions, overshadowing data from a day earlier showing a surprise build in U.S. inventories.
Reuters
U.S. crude imports touch two-year high despite lukewarm demand
U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season. Imports of crude oil rose to 3.1 million barrels per day (bpd) in May, the highest since July 2022, data from ship tracking service Kpler showed. Fuel demand has remained tepid with product supplied for gasoline at 9.1 million bpd in the week to June 14, slightly below the 10-year seasonal average, data from the U.S. Energy Information Administration showed.
Reuters
India's BPCL sees nearly flat annual crude processing, executive says
India's state-run Bharat Petroleum Corp does not see any major change in its annual crude processing this fiscal year, as it plans to shut a crude unit at its biggest refinery for a month for maintenance, an executive said on Thursday. BPCL, the country's third-largest oil refiner, plans to shut its 120,000 barrels per day (bpd) crude unit and some secondary units at the 310,000 bpd Kochi refinery in southern India from mid-September, said Sanjay Khanna, the company's head of refineries, at an industry event. In the last fiscal year ended March 31, BPCL processed nearly 800,000 bpd of crude at its three refineries that have a combined nameplate capacity of 708,000 bpd, he said.
The Independent
Victoria Beckham first slept with David ‘hours after meeting Prince Charles’
‘Thereafter, she said, Beckham was ‘a total animal’ in bed,’ the biography claims
Cosmopolitan
Katy Perry Went Topless in Nothing But Ripped Tights and an Open Jacket at PFW
Katy Perry went topless in nothing but ripped tights and an open jacket during Paris Fashion Week.
The Independent
Boy, 14, was held down and hacked to death at Wyoming mall while he tried to protect his girlfriend
Dominique Antonio Richard Harris and Jarreth Plunkett, both 15, are accused of murdering 14-year-old Bobby Maher during fatal attack
Associated Press
Indonesia detains 103 Taiwanese in a raid in Bali involving suspected cybercrime
Indonesian immigration authorities have detained 103 Taiwanese people after a raid at a villa on the resort island of Bali, officials said Friday. Godam said Indonesian authorities cannot charged them with conducting cybercrime.
AFP News
As ice melts, Everest's 'death zone' gives up its ghosts
On Everest's sacred slopes, climate change is thinning snow and ice, increasingly exposing the bodies of hundreds of mountaineers who died chasing their dream to summit the world's highest mountain.Sherpa said that bringing one body down from close to Lhotse's 8,516 metre peak -- the world's fourth-highest mountain -- had been among the hardest challenges so far.
Associated Press Videos
Three bodies found inside crater at summit of Mount Fuji
Three bodies were found at the summit of Mount Fuji, Japan’s most famous mountain. One of the bodies had been brought down from the slopes but efforts to bring back the two other bodies were set to continue Friday or later, according to officials after a search was called off for Thursday because of forecasts for heavy rainfall.
The Telegraph
South Korea is running out of children – and this country could be next
Every spring, when warm rays of sunshine herald the start of South Korea’s baking summer, fountains across Seoul’s central Gwanghwamun plaza suddenly burst into life, sending cooling jets of water into the air.
Hello!
Elizabeth Hurley sets pulses racing in racy strapless bikini
Elizabeth Hurley never fails to impress with an unbelievable bikini photo and she didn't disappoint on Sunday when she donned a strapless number. See photo.
The Telegraph
‘This wasn’t a debate, it was a medical emergency’: Our writers give their verdicts
Follow the latest reaction in our live blog
SETHLUI.COM
4 hours to heaven: 10 short trips to take from Singapore
The post 4 hours to heaven: 10 short trips to take from Singapore appeared first on SETHLUI.com.
Reuters
Taiwan warns against travel to China after execution threat
TAIPEI (Reuters) -Taiwan's government raised its travel warning for China on Thursday, telling its citizens not to go unless absolutely necessary, following a threat from Beijing last week to execute those deemed "diehard" Taiwan independence supporters. Liang Wen-chieh, spokesperson for Taiwan's Mainland Affairs Council, told reporters the raised travel warning also applied to the Chinese-run cities of Hong Kong and Macau. China, which views democratically governed Taiwan as its own territory, has made no secret of its dislike of President Lai Ching-te, whom it views as a "separatist", and staged two days of war games after he took office last month.
South China Morning Post
Chinese teen in Alibaba maths finals sparks awe, controversy after beating MIT students
Alibaba Group Holding's annual global maths contest finished on Saturday with all eyes on a 17-year-old vocational school student who has bested hundreds of competitors from prestigious universities such as the Massachusetts Institute of Technology, Stanford University and Tsinghua University, generating intense interest and speculation online. The Alibaba Global Mathematics Competition, which has been hosted by Alibaba's Damo Academy annually for the past six years, except 2019, held the finals
The Telegraph
Gareth Southgate: ‘I am the problem’
Gareth Southgate has admitted being England’s major problem at the European Championship, plunging his future as manager in doubt beyond the tournament.

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North Sea Crude-Some grades rise, WTI steady

Latest stories

How Putin handed America the keys to the world’s energy market

Analysis-A mountain of asset sales loom after oil megamerger era

Oil settles $1 up, war risk premium outweighs ample US stocks

Oil rises on positive economic outlooks; poised for third weekly gain

Oil prices settle higher on supply disruption jitters amid geopolitical tensions

U.S. crude imports touch two-year high despite lukewarm demand

India's BPCL sees nearly flat annual crude processing, executive says

Victoria Beckham first slept with David ‘hours after meeting Prince Charles’

Katy Perry Went Topless in Nothing But Ripped Tights and an Open Jacket at PFW

Boy, 14, was held down and hacked to death at Wyoming mall while he tried to protect his girlfriend

Indonesia detains 103 Taiwanese in a raid in Bali involving suspected cybercrime

As ice melts, Everest's 'death zone' gives up its ghosts

Three bodies found inside crater at summit of Mount Fuji

South Korea is running out of children – and this country could be next

Elizabeth Hurley sets pulses racing in racy strapless bikini

‘This wasn’t a debate, it was a medical emergency’: Our writers give their verdicts

4 hours to heaven: 10 short trips to take from Singapore

Taiwan warns against travel to China after execution threat

Chinese teen in Alibaba maths finals sparks awe, controversy after beating MIT students

Gareth Southgate: ‘I am the problem’