Oil and Gas

• Oil giant BP to sell 65% stake in $10 billion Castrol unit - The oil giant is looking to divest $20 billion of its assets by the end of 2027.
• Gas prices fall to four-year lows as millions embark on holiday road trips - The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.
• What a Russia-Ukraine peace deal could mean for Europe's gas supplies - While pipeline infrastructure could be salvageable, turning the tap back on is set to be politically controversial.
• How U.S. oil tanker seizures targeting Venezuela are linked to rising geopolitical tensions with China - U.S. seizures of vessels carrying Venezuelan oil may become a bigger strategic pressure point in the geopolitical battle with China, a major buyer of the crude.
• U.S. crude oil drops below $55 a barrel, hits lowest level since early 2021 - The oil market is under pressure as OPEC+ members have rapidly ramped up production and the U.S. pressures Ukraine to accept a peace agreement with Russia.