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The Latest Breaking News from crude oil

US Stock Futures Edge Higher Following Monday's Sell-Off, Crude Oil Rises

Pre-open movers

Benzinga

Morning Digest | Doval discusses high-tech cooperation in Moscow; Centre cuts windfall tax on domestic crude oil, and more

Here’s a select list of stories to read before you start your day

The Hindu

Oil at six-month low | Petrol at breakeven, losses continue on diesel

Brent crude oil was trading at ₹94.91 per barrel on August 18

The Hindu

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‘India is buying Ukrainian blood by purchasing Russian crude oil’: Foreign Minister Dmytro Kuleba

Ukraine expected more practical support from India, said Foreign Minister Dmytro Kuleba

The Hindu

Coinbase Global, T-Mobile US And 2 Other Stocks Insiders Are Selling

U.S. crude oil futures traded lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Markets trade firm; sensex climbs over 395 points in early trade

MUMBAI: Equity benchmarks on Tuesday started the trade on a firm note with the sensex climbing over 395 points helped by buying in HDFC twins, foreign fund inflows and falling crude oil prices.

The Times of India

It's Slick In The Oil Patch: What Are Crude Oil Futures Saying About The Prices Ahead?

Investors know how volatile the commodities markets can be. When it comes to crude oil futures, it is a whole new ballgame with intraday as well as overnight volatility.

Benzinga

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Time to curb speculation in commodities

Primary commodity prices have been on a roller-coaster ride for the past year, especially for the past six months. In the futures markets, crude oil prices rose by 39% in the month from Feb 8 to March 8, from US$89 (3,143 baht) per barrel to $124 per barrel, and then…

Bangkok Post

5 reasons why you’re paying way less at the gas pump

For nearly 60 straight days, drivers have seen a steady drop in gasoline prices — something that seemed unfathomable earlier in the summer when the average price nationally approached $5 a gallon.

Tribune News Service

SPRC details oil spill payouts in Rayong

Star Petroleum Refining Plc (SPRC) has reportedly paid about 90% of due compensation, worth 299 million baht, for two crude oil leaks in Rayong at the start of the year.

Bangkok Post

Demand destruction the new buzzword

On Feb 23, a day before Russia invaded Ukraine, the world crude oil price was US$90.60 (3,221 baht) per barrel. Russian oil supply disruption and demand recovery from Covid-19 dragged the crude oil price to almost $120 at the end of May, after the US and European central banks sent…

Bangkok Post

Robinhood, Procter & Gamble And 3 Other Big Stocks Insiders Are Selling

U.S. crude oil futures traded mostly lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

More than 100 injured and 17 firefighters missing as oil tank fire rages in Cuba

A blazing fire in a crude oil tank in the port of Matanzas in Cuba caused several explosions Saturday morning that have left at least 121 people injured, local authorities said.

Miami Herald

Dozens are injured and 17 firefighters are missing as crude oil tank fire rages in Cuba

A blazing fire in a crude oil tank in the port of Matanzas in Cuba caused several explosions Saturday morning that have left at least 77 people injured, local authorities said.

Miami Herald

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The Independent UK

Lightning sets off fire at Cuban oil tank farm, dozens hurt

Cuban authorities say lightning struck a crude oil storage tank in the city of Matanzas, causing a fire that led to four explosions which injured nearly 80 people and left 17 firefighters missing

The Independent UK

Honolulu utility finds chemical in Red Hill monitoring well

The Honolulu Board of Water Supply says it detected a small amount of a chemical naturally occurring in coal, crude oil and gasoline in a monitoring well near the Navy's Red Hill Bulk Fuel Storage Facility

StockNews.com

5 Energy Stocks to Be Bullish on Right Now

The oil and gas industry has garnered massive investors’ attention due to the rising prices amid robust demand. Moreover, prices could remain elevated as the supply is expected to remain short. Hence, the energy stocks Diamondback Energy (FANG), Marathon Oil (MRO), ConocoPhillips (COP), Adams Resources & Energy(AE), and APA Corporation…

Benzinga

Dow Jumps 350 Points; Crude Oil Drops Over 2%

U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 350 points on Wednesday.

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news in one place.

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The Times of India

Exports decline marginally to $35.24 billion in July; trade deficit triples

NEW DELHI: Exports dipped, though marginally, for the first time in 17 months in July, while trade deficit tripled to a record $31 billion fuelled by over 70 per cent rise in crude oil imports.

The Times of India

Govt cuts windfall tax on fuel export, raises levy on domestic crude oil

NEW DELHI: The government on Tuesday evening cut the windfall tax on diesel and ATF in line with softening international petroleum product prices but raised the duty on domestically produced crude oil.

Benzinga

U.S. Stock Futures Down Ahead Of Earnings; Crude Oil Falls

Pre-open movers

Benzinga

U.S. Stocks Turn Higher; Crude Oil Tumbles

U.S. stocks turned higher midway through trading, after recording gains in the previous session.

Asharq Al-Awsat

Food Prices in Yemen at All-Time High Since 1990

The World Food Program’s (WFP) Food Security Quarterly Review on Yemen has shown that the global Food and Agriculture Organization (FAO) food price index increased significantly in March 2022 to a new all-time high since 1990. It published a report stating that fertilizer prices reached their highest level since late…

Asharq Al-Awsat

Oil Drops as Weak China Factory Data Fan Demand Concerns

Oil prices dropped on Monday, as weak manufacturing data from China and Japan for July weighed on the outlook for demand, while investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments. Brent crude futures were down $1.19, or 1.1%, at $102.78 a…

Bangkok Post

Oil giants report record profits

The two largest US oil companies, Exxon Mobil and Chevron Corp, reported record revenue and profits on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier.

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