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The Latest Breaking News from Oil

Punjab's Real Food Trail: Villages, Street Cuisine and Authentic Flavours Beyond the Highway Dhabas

The Amritsar Nobody PhotographsThe tourist version of Amritsar ends at the Golden Temple langar and a plate of kulcha from a restaurant on Lawrence Road. The real food trail starts at Katra Jaimal Singh bazaar at 7 in the morning, where a man named Pappu has been ladling paye ki…

Times Life

Oil tanker hit at Hormuz: US accuses Iran of attacking 2 commercial ships, mulls counter strike

An oil tanker caught fire after being struck by an "unknown projectile" while transiting the Strait of Hormuz off the coast of Oman, British maritime authorities said on Tuesday, in an incident that has heightened tensions in one of the world's most critical energy shipping routes.

The Times of India

D-St set for a positive opening as GIFT Nifty signals firm start

Indian equity markets concluded Monday's trading session on a higher note. The Nifty index experienced a gain of 0.7 percent during the day. Market participants are now anticipating the upcoming Q1FY27 earnings season. Analysts expect gradual market gains supported by stable oil and rupee. Foreign and domestic institutional investors showed…

The Economic Times

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Stocks in news: RIL, Trent, Titan, Cochin Shipyard, Nestle, Indian Oil

Markets extended their winning streak on Monday, supported by encouraging quarterly business updates. Reliance Industries received an administrative warning from Sebi regarding insider trading allegations. Trent and Titan reported strong revenue growth in their respective June quarter results. The government will sell a stake in Cochin Shipyard through an offer…

The Economic Times

Ukraine war briefing: Drones strike Russia oil refinery in Siberia as Zelenskyy warns region now ‘within reach’

Ukrainian president says long-range attack an ‘important achievement’ while also pleading for better air defences. What we know on day 1,595

The Guardian - AU

Auto retail sales surge 22% to record 2.56 million in June; Dealers expect growth momentum to continue with rains picking up

Vehicle retail sales reached a record high in June, showing a significant year-on-year increase. This robust growth was supported by strong demand across various vehicle segments. Improved supplies and easing crude oil prices are expected to sustain this positive momentum. Two-wheeler sales saw a notable rise, with electric models gaining…

The Economic Times

Cotton Posts Monday Gains, as Ratings Slip

Cotton 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 index up $0.004. Monday afternoon’s Crop Progress showed 49% of the US cotton...

Barchart

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Soybeans Rally Out of the Holiday, with Chinese Rumors

Soybeans posted gains of 35 to 50 ½ cents across the front months on Monday, with defereds up 23 to 32 cents. The cmdtyView national average Cash Bean price was up 47 1/4 cents at $11.36 3/4. Soymeal futures were $5.10 to $9.10 higher across most contracts, with Soy Oil...

Barchart

Bangchak finalises B8.91bn acquisition of Chevron HK

Energy conglomerate Bangchak Corporation has completed its acquisition of Chevron Hong Kong, a move the company believes will strengthen its foothold in North Asia despite mounting challenges in the oil retail sector.

Bangkok Post

All Red Button Locations in Mini War – Roblox

Players can locate all five red buttons near the coastal and central areas of the map. Pressing the buttons is crucial in spawning certain NPCs on the map

Pro Game Guides

Alberta and Ontario propose a pipeline to carry western Canada's oil to the east

The premiers of Alberta and Ontario have proposed a pipeline to carry western Canadian oil to the country's east as Canada seeks new markets

The Independent UK

Crude Oil Prices Pressured as Global Supplies Rebound

August WTI crude oil (CLQ26 ) on Monday closed down -0.14 (-0.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0860 (+2.95%). Crude oil and gasoline prices settled mixed on Monday, with gasoline posting a 3-week high. Crude oil was under pressure on Monday as flows through the Strait of...

Barchart

This Analyst Just Upgraded Chevron Stock. Here's Why.

Chevron stock inched up on Friday as Wolfe Research upgraded it to "Outperform." Here’s why the firm’s analyst turned bullish on CVX shares.

Barchart

Cotton Posting Monday Gains

Cotton futures are trading with 100 to 112 point gains across most contracts, with the exception to the nearby July contract. Crude oil is down 57 cents, with the US dollar index up $0.104 at $100.725. The Cotlook A Index was down 75 points on July 3 at 85.80 cents....

Barchart

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Barchart

Soybeans Rallying 40+ Cents on Monday

Soybeans are trading with 43 to 49 cent gains in the front months at Monday’s midday. There was just 1 delivery issued against July futures on Thursday, with 0 for July meal and bean oil. The cmdtyView national average Cash Bean price is up 43 1/4 cents at $11.32 3/4....

Motor1

'It’s A Half Hour Job': Woman Goes To Walmart For An Oil Change. 90 Minutes Later, She's Still Waiting—She Thinks She Knows Why

'Taking a BMW to Walmart for an oil change is like microwaving a steak.'

Capital & Main

Dry New Mexico Actually Has Lots of Water. Unfortunately, It’s Toxic — So Far.

The glut of wastewater is so massive industry execs fear it will soon throttle production in the nation's largest oil field.

MarketBeat

Doug Casey Calls AI a Super Bubble, Bets on Energy, Gold Miners and Grains

Investor Doug Casey warns AI stocks show mania-like traits and favors energy, gold mining, and farm commodities like corn and soybeans as alternatives amid rising fertilizer and power demand concerns.

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Barchart

Crude Oil Prices Recover as the Crack Spread Soars

August WTI crude oil (CLQ26 ) today is up +0.23 (+0.33%), and August RBOB gasoline (RBQ26 ) is up +0.1010 (+3.46%). Crude oil and gasoline prices erased early losses and moved higher today, with gasoline posting a 3-week high. Short covering emerged in crude oil prices today after the crude...

International Business Times

Iran Has Millions of Barrels to Sell. But Doing So Could Be Much Harder Than Expected

Though sanctions on Iranian oil exports have been waived as part of the ceasefire deal with the U.S., Tehran could face not having any interested buyers.

Euronews

Ukraine hits vital oil refinery more than 2,500km behind Russian border

While Russia continues to pound Ukraine with missiles and drones, killing at least 19 people and injuring dozens more in Kyiv, Ukraine is striking deep inside Russian territory as part of a campaign to degrade the Kremlin’s war machine.

The Economic Times

US service sector growth dips in June; employment rebounds after months of contraction

US services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment rebounded strongly, signaling continued labor market stability. While new orders decreased, order backlogs grew. Falling oil prices helped slow inflation, though underlying price pressures persist due to AI…

Barchart

Stock Indexes Supported by Strength in Chipmakers and AI Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. September E-mini S&P futures (ESU26 ) are up +0.46%, and September E-mini Nasdaq futures...

The Guardian - UK

GB News co-owner ‘cashing in on climate chaos’ after leap in fossil fuel investments, critics say

Exclusive: Campaigners argue the news channel’s attacks on climate action ‘work in financial interests’ of Sir Paul Marshall

The Economic Times

AI investors may pivot to hyperscalers from chipmakers, Morgan Stanley says

Morgan Stanley has recommended a strategic pivot in market investments, directing attention from semiconductor stocks to AI-based giants such as Alphabet and Amazon. This shift is fueled by expectations of reduced rate hikes and a decline in oil prices, which favor sectors like consumer discretionary, transport, and biotech. As major…

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