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The Latest Breaking News from Oil

Cotton futures are up 138 to 245 points so far on Tuesday. The outside markets are mixed, as Crude oil is up $1.87, with the US dollar index up $0.155. Monday afternoon’s Crop Progress showed 49% of the US cotton crop squared as of Sunday, 2% ahead of normal. The...

Barchart

London stocks mixed amid weak tech but FTSE 100 edges up

The FTSE 100 closed up 14.11 points, 0.1%, at 10,665.88.

Evening Standard

Bulletin world briefing: Trump renews Greenland takeover bid and Monaco suspect ‘shot dead’

Trump renews Greenland takeover bid at Nato summit and tears into European allies Monaco bombing suspect ‘shot dead in Ukraine’ as two people are arrested Marine Le Pen could now run in France’s 2027 presidential election Three oil tankers hit in latest attacks in Strait of Hormuz Jewelry worth millions…

The Independent UK

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Wall Street suffers major losses as AI stocks tumble and oil prices jump

The market's unease originated in Asia, where South Korean tech giant Samsung Electronics saw its shares tumble 6.9% in Seoul

The Independent UK

Crude Oil Prices Jump as Ships Attacked in the Strait of Hormuz

August WTI crude oil (CLQ26 ) today is up +1.73 (+2.52%), and August RBOB gasoline (RBQ26 ) is down -0.0312 (-1.04%). Crude oil and gasoline prices are mixed today. Crude oil prices jumped following attacks on shipping in and around the Strait of Hormuz. Gasoline prices are sliding today as...

Barchart

Morocco multiplies its olive oil sales to Spain 100-fold: is it taking over the market?

Imports of Moroccan olive oil have surged 9,979% in a year, according to DataComex. The figure is real but starts from just 103 tonnes and its share in Spain remains small.

Euronews

Stock Indexes Falter as Chip Stocks Tumble

The S&P 500 Index ($SPX ) (SPY ) today is down -0.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.14%. September E-mini S&P futures (ESU26 ) are down -0.68%, and September E-mini Nasdaq futures...

Barchart

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Catnip lotion as effective as Deet at repelling mosquitoes, study finds

Researchers testing a cheap, homegrown oil in Uganda found what cats knew all along – it worked as well as the artificial chemical used globally

The Guardian - UK

Recession off the cards but Australia faces dreary outlook, economists say

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch

The Guardian - AU

Fish Oil Supplements Do Not Improve Memory or Brain Health, a Two-Year Study Found

A 2026 two-year study confirmed fish oil supplements reached the brain — and still found no meaningful improvement in memory or cognition. Here's what the evidence now shows.

Medical Daily

South Sudan at 15: how the political elite have found a way to profit from peace as well as war

South Sudan’s independence from Sudan in 2011 was meant to close the chapter on one of Africa’s longest civil wars: the north-south war that preceded it. Formally, it did. But independence did not end the deeper struggles over power, revenue and coercion inside the newly independent state.

The Conversation

Stock Indexes Fall as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.43%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures...

Barchart

Ukraine Hit Russia's Largest Refinery. Zelensky Warns Putin That There Is More to Come

Ukraine managed to hit Russia's largest oil refinery, which also appears to be one of the country's deepest strikes inside the country.

International Business Times

Current price of oil as of July 7, 2026

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

Fortune

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Bored Panda

99 Car Mechanics Share The Times They Were Left Shaking Their Heads In Disbelief (New Pics)

Car mechanics are part of society’s lifeblood. They ensure that the vehicles we drive are roadworthy at all times, and they come to our rescue when we encounter trouble. What we don’t see is what they deal with regularly. Thankfully, we have the Just Rolled Into the Shop subreddit to…

The National (Scotland)

SNP MSP breaks with Scottish Government on Jackdaw and Rosebank oil fields

AN SNP MSP has broken with his party, calling for the Jackdaw and Rosebank oil fields to be approved by the UK Government ...

Tom’s Guide

I make a natural spider deterrent every summer using citrus peels — here's how to spider-proof your home for free

Stop spiders from entering through open summer windows with this zero-cost citrus trick.

Barchart

Cotton Posting Early Monday Gains, as Ratings Slip

Cotton prices are rallying another 102 to 122 points so far on Tuesday morning. Futures posted 112 to 138 point gains on Monday in the front months, with deferreds up 48 to 99 points. The outside markets were quiet, as Crude oil was down 9 cents, with the US dollar...

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Motorsport

What went through the nose of Tyler Reddick's car at Chicagoland?

During the NASCAR Cup race at Chicagoland, Reddick struck a piece of debris that instantly punctured both the radiator and oil cooler

The Economic Times

'Send the complaint to the dealer and me': Nitin Gadkari throws down E20 challenge

Union Minister Nitin Gadkari challenged critics to name any car facing issues with E20 petrol. He stated that India's fossil fuel dependence is an economic and environmental burden. Higher ethanol blends reduce reliance on imported crude oil and cut carbon emissions. Ethanol production from corn has generated significant income for…

International Business Times

Oil Climbs As New Iranian Attack In Hormuz Strait Could Throw Wrench In Washington-Tehran Talks

Oil prices are climbing in Tuesday after Iran struck two vessels transiting through the Strait of Hormuz.

The Economic Times

Indian state refiners ready for Iran oil if US extends waivers

Indian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through August, limiting immediate buying options. Refiners may still buy Iranian oil if discounts are significant and competitive. Russia's oil is currently selling at steeper discounts, making Iranian oil less appealing. India's…

Bangkok Post

Local pump prices cut as global oil prices ease

Fuel prices in Thailand are being reduced in line with the decline in global oil prices, with diesel falling by 2.56 baht per litre and all grades of gasoline by 2.51 baht, effective from 5am on Wednesday.

The Conversation

Ukraine war is not going well for Russia – how dangerous is this for Vladimir Putin?

The mood regarding the war in Ukraine has changed in recent months. Ukrainian drones have struck Russian oil infrastructure, causing fuel shortages across Russia. And the Ukrainian president, Volodymyr Zelensky, is exuberant about finishing the war from a “position of strength”.

Fortune

OPEC+ to pump more oil as market fears shift from shortage to glut

OPEC+ is opening the taps again, extending its production increases as Gulf oil flows recover and prices cool. But with supply rising faster than demand, fears of a global glut are mounting

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