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The Latest Breaking News from Oil

US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decision

New York Fed President John Williams said oil prices are likely to ease over the coming months despite renewed Middle East tensions, while stressing it is too early to signal the Federal Reserve's next interest rate move. He reiterated that policymakers will remain guided by incoming economic data amid persistent…

The Economic Times

Rupee little changed as traders tread gingerly with eye on oil, dollar

The Indian rupee traded narrowly on Friday, supported by a softer dollar and stable oil prices. Asian currencies and regional stocks saw gains as Fed rate hike expectations eased. Renewed Middle East tensions kept traders cautious about directional positions in the currency. Analysts remain constructive on the rupee, citing Reserve…

The Economic Times

India bonds rise as softer oil; Treasury gains offset debt sale caution

Indian government bonds saw early gains on Friday, influenced by U.S. Treasury movements and reduced oil prices. Foreign investors continued their strong bond purchases, reaching nearly four billion dollars since early June. This sustained buying has supported the market and kept dips shallow for Indian debt. Lower oil prices benefit…

The Economic Times

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Ukraine-Russia war latest: Three killed in Kyiv drone attack on Moscow as strikes on oil facilities continue

Ukraine's attack also targeted Russian tankers and ferries near the Sea of Azov

The Independent UK

EU countries rush to avoid disastrous revision of Russian oil price cap

If ambassadors fail to agree on the sanctions by 15 July, the price cap on Russian oil will be automatically revised, going all the way up to $58 per barrel, a scenario that Brussels considers unpalatable.

Euronews

Asia growth improves but ADB warns of persistent headwinds

Asian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts continue to weigh on supply chains and production costs. Inflation is expected to decrease to 4.3% in 2026 as oil prices stabilise.

The Economic Times

Hardeep Puri explains why India has among world's cheapest petrol, spells out country's fuel strategy

India offers some of the world's cheapest petrol, according to the Petroleum Minister. Ethanol blending significantly contributes to these lower fuel prices for consumers. This strategy reduces dependence on volatile global crude oil prices. Farmers' ethanol, with fixed annual prices, aids in maintaining stable domestic fuel costs. The Middle East…

The Economic Times

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Iran-US war latest: Tehran attacks US military bases as Strait of Hormuz standoff escalates

US military's Central Command says it controls the Strait of Hormuz but Iran's Guard rejects claim

The Independent UK

CENTCOM Rejects Iran's Authority Over Strait of Hormuz, Says US Facilitated Transit of 800 Commercial Vessels Since May

The U.S. Central Command (CENTCOM) has dismissed Iran’s claim over the Strait of Hormuz, saying that it has facilitated the movement of several ships through the waterway since May this year.

Benzinga

Rs 6 lakh crore wealth boost! Sensex rallies 828 points, Nifty closes above 24,200. 5 key factors behind D-Street rally

Indian stock markets experienced significant gains on Friday, with major indices closing higher. TCS reported strong first-quarter earnings, boosting sentiment across the information technology sector. Positive global market trends and resilient investor sentiment also contributed to the upward movement. Broader markets and various sectoral indices, including PSU banks and realty,…

The Economic Times

Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?

Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was poised to rise nearly 5%.

The Economic Times

Why Bee Populations Face Extinction: The Decline, the Pesticides, and the Food We Stand to Lose

The Scale of What Is Already GoneA single honeybee colony can contain up to 80,000 workers. In the United States alone, beekeepers lost an estimated 45.5% of managed honeybee colonies in 2022 to 23, according to the Bee Informed Partnership, one of the highest annual losses on record. Europe has…

Times Life

What Age Should You Start a Skincare Routine and What Ingredients Should It Actually Include

The Teenager Who Doesn't Need a SerumThe earliest a skincare routine makes sense is around 11 to 13, when sebaceous glands become active and the skin's oil production changes. At this stage, the routine should have exactly two steps: a gentle, pH-balanced cleanser and a light, non-comedogenic moisturiser. That's it.…

Times Life

Oil edges lower, but heads for weekly gain as Middle East supply risks persist

Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising inflation are also pressuring oil demand and market prices. The conflict has delayed the reopening of the vital Strait of Hormuz waterway.…

The Economic Times

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Times Life

How Poor Dental Health Slowly Destroys Your Gut Microbiome and Digestion Over Time

Your mouth is your gut's front doorThe average adult swallows roughly 1.5 litres of saliva every day. Every millilitre carries millions of microorganisms. When your oral microbiome is balanced, that constant swallowing is harmless, most oral bacteria are acid-sensitive and die in the stomach. When your mouth is colonised by…

The Economic Times

Global Market Today: Asian stocks rise following chip rally, oil slips

Asian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears eased. South Korea's Kospi index saw a significant rally, while other regional benchmarks edged higher. Futures for the Nasdaq 100 Index indicated a more cautious market sentiment. Company earnings and…

The Guardian - UK

The Hay Wain: Walking Constable’s Landscape review – a masterpiece for the climate crisis age

While Britain boils in a heatwave, a new exhibition built around the much-reproduced canvas reminds us of the beauty of the natural world – and what we could lose

Bangkok Post

Consumers upbeat, businesses cautious

Consumer confidence rebounded for the first time in four months in June, supported by falling oil prices and the implementation of the "Thai Chuay Thai Plus" (Thais Help Thais) co-payment scheme, according to the University of the Thai Chamber of Commerce (UTCC).

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Barchart

Cotton Faces Moderate Thursday Weakness

Cotton futures were down 4 to 24 points across the board at the Thursday close. Crude oil corrected back lower on Thursday despite back and forth strikes between the US and Iran overnight, down $1.71 at the close. The US dollar index was down $0.034. Export Sales data showed 66,422...

Barchart

Soybeans Correct Lower on Thursday Ahead of Friday USDA Reports

Soybeans were down 10 to 15 ¼ cents in the front months, with other contracts fractionallt to 8 cents lower. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $11.31. Soymeal futures were $3.70 to $5.10 higher across most contracts, with Soy Oil futures 90 to...

Barchart

Stocks Settle Higher as Chipmakers Rally and Crude Prices Fall

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.62%. September E-mini S&P futures (ESU26 ) rose +0.82%, and September E-mini Nasdaq futures...

The Independent UK

The Latest: After weeks on hold, deal between Israel and Lebanon is progressing, says US official

The U.S.-brokered framework agreement between Israel and Lebanon is moving to technical discussions in Rome after weeks of stagnation

International Business Times

Tensions Continue Rising In The Middle East. Stocks Climbed And Oil Dropped Anyway

Stocks rose on Thursday and oil dropped even though tensions between the U.S. and Iran remain high.

Barchart

Dollar Falls as Stocks Rally and Crude Oil Retreats

The dollar index (DXY00 ) fell by -0.08% on Thursday. The dollar moved lower on Thursday as strength in stocks reduced liquidity demand for the currency. Also, Thursday’s -2% fall in crude oil prices lowered inflation expectations and could prompt the Fed to ease monetary policy, a bearish factor for...

Barchart

Crude Oil Prices Slump on Limited Escalation of US-Iran Conflict

August WTI crude oil (CLQ26 ) on Thursday closed down -1.44 (-1.96%), and August RBOB gasoline (RBQ26 ) closed down -0.0647 (-2.00%). Crude oil and gasoline prices gave up an early advance on Thursday and fell sharply on speculation the escalation of hostilities between the US and Iran will be...

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