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The Latest Breaking News from Oil

Earnings tonic boosts FTSE 100 as oil falls back

Well-received earnings from Unilever, Croda and GSK spurred gains on the blue-chip FTSE 100.

Evening Standard

Sugar Prices Fall as Crude Oil Plunges

October NY world sugar #11 (SBV26 ) today is down -0.03 (-0.21%), and October London ICE white sugar #5 (SWV26 ) is down -2.10 (-0.46%). Sugar prices are under pressure today, sliding to 1-week lows amid the plunge in crude oil prices. WTI crude oil (CLU26 ) is down more...

Barchart

Andy Burnham Faces Revolt From Climate Scientists Over Reports He May Approve New North Sea Oil

Andy Burnham faces a climate revolt as scientists who helped shape Greater Manchester's carbon-neutral plan urge him to reject reported North Sea oil and gas approvals.

International Business Times UK

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Crude Oil Prices Pressured by Optimism Over Iran Negotiations

September WTI crude oil (CLU26 ) today is down -3.25 (-3.93%), and September RBOB gasoline (RBU26 ) is down -0.0304 (-0.96%). Crude oil and gasoline prices are sliding today, with crude falling to a 1-week low. Crude prices added to Monday’s sharp losses today on optimism over negotiations to reopen...

Barchart

India bonds pause rally as large debt supply, Fed decision loom

Indian government bonds ended the day unchanged on Tuesday after a recent rally, as an influx of ten-year notes and the Federal Reserve's policy decision dampened risk appetite. Market participants kept a close eye on oil prices and U.S. Treasury yields for guidance. There is an expectation of a rate…

The Economic Times

Stocks Mixed on Earnings Results and Weakness in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.738%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.12%. September E-mini S&P futures (ESU26 ) are up +0.05%, and September E-mini Nasdaq futures...

Barchart

Dollar Turns Lower After US Consumer Confidence Unexpectedly Declines

The dollar index (DXY00 ) fell from a 1-month high today and is down by -0.04%. The dollar gave up an early advance today and moved slightly lower on an unexpected decline in July consumer confidence. Also, today’s -1% decline in WTI crude oil to a 1-week low has lowered...

Barchart

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Stanley Tucci's simple summer pasta 'tastes a lot more complex than it is', and his top tip helps you prep it in advance

With just a handful of ingredients, one of Stanley’s approved pasta recipes could be a new summer staple

Woman & Home

Stocks Mixed as Weakness in Chipmakers Deepens

The S&P 500 Index ($SPX ) (SPY ) today is down -0.22%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.50%. September E-mini S&P futures (ESU26 ) are down -0.29%, and September E-mini Nasdaq futures...

Barchart

It’s time to prosecute climate crimes – with laws that already exist

Some have called for Nuremberg-style trials against big oil. But there are laws already on the books to describe companies’ conduct

The Guardian - US

3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks

Altimetry's Rob Spivey argues AI-driven selloffs in Alphabet and Tesla reflect sector rotation toward energy, favoring Baker Hughes, EQT, and Murphy Oil over T-Mobile and Netflix.

MarketBeat

Iran Is Holding Talks About The Future Of Hormuz With Oman And Saudi Arabia. Oil Keeps Dropping

Iranian Foreign Minister Abbas Araghchi held talks with Omani and Saudi counterparts about the future of navigation through the Strait of Hormuz.

International Business Times

Cotton Falling Back on Tuesday Morning

Cotton prices are down 54 to 92 points so far on Tuesday morning. Futures closed with Monday gains of 54 to 90 points at the close. Crude oil was down $7.40 per barrel, with the US dollar index up 0.083. Weekly Crop Progress data showed 81% of the US cotton...

Barchart

Someone's Leaving Death Threats and Booby Traps For Bikers On Popular Motorcycle Roads

Another set of booby traps and veiled death threats, designed to intimidate and injury, if not kill, motorcyclists have been found. This time in Germany.

RideApart

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The Conversation

French climate lawsuit offers a window into the next round of the global legal fight

A recent decision by a French court requires a major European oil and gas company to report not only its own climate-warming emissions and those of its contractors but also those of its customers, who burn the oil and petroleum products the company sells.

The Economic Times

Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concerns

In the forthcoming monetary policy meeting, the Reserve Bank of India is likely to maintain the current interest rates. The recent surge in foreign capital has mitigated fears surrounding the rupee's performance. However, sustained inflation levels pose a significant challenge for the bank's decisions. The current geopolitical landscape and the…

The Times of India

More than 117,000 unplugged orphan oil and gas wells are documented across the US, with abandoned wells estimated to leak up to 281,000 tons of methane a year

Thousands of old oil and gas wells across the US pose environmental risks and require cleanup. These unplugged wells can release significant amounts of methane annually into the atmosphere. Plugging these abandoned wells is a costly endeavor, with estimates reaching tens of billions of dollars. The US government has allocated…

Fortune

Current price of oil as of July 28, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

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International Business Times

Trump Says U.S. Has Sold Over $13 Billion From Venezuelan Oil: "We've Paid For That War Many Times Over"

President Donald Trump said Monday that the United States has sold more than $13 billion worth of Venezuelan oil so far this year following the capture of authoritarian President Nicolas Maduro.

The Economic Times

Rupee clings to two-week high as oil slides, intervention helps cement rise

The Indian rupee experienced a significant rebound on Tuesday, intensifying to its strongest position in two weeks. The decline in oil prices and the potential intervention by the central bank played crucial roles in this uplift, with state-run banks actively selling dollars to stabilize the currency. The Reserve Bank of…

The Guardian - UK

Marmite and Dove owner Unilever warns of price rises due to growing costs

Consumer goods group reports strong sales growth, owing in part to World Cup marketing campaigns

Barchart

Are Wall Street Analysts Predicting ExxonMobil Stock Will Climb or Sink?

ExxonMobil has outperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.

Benzinga

Trump Touts 'Thousand-Year' Gasoline Supply, Says China Lacks It, as Adam Schiff Questions $13 Billion Venezuelan Oil Claim

As the U.S. and Iran pause hostilities after weeks of continuous strikes, oil prices in the global markets fell sharply. However, gas prices could remain elevated at the pump despite the decline in crude oil prices.

Euronews

The timing of war and peace is not yours to decide, Iran tells US

Tehran's foreign ministry said Iran would not allow Washington to determine "the timing of war and peace," as Trump claimed the Islamic Republic had requested negotiations and mediators sought to revive the collapsed interim deal.

The Economic Times

Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firms

European stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consumer goods and luxury sectors provided a buffer against wider market declines. Lower oil prices lent further support, keeping investor confidence steady. Attention now turns to anticipated announcements from the U.S.…

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