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The Latest Breaking News from Oil

Will Nifty, Sensex fall for 6th straight session on Monday? US Fed among 5 factors to watch this week

Indian equities extended losses for a fifth session amid rising oil prices, persistent FII outflows and geopolitical tensions. Investors now track the US Fed meeting, Q1 earnings, rupee movement and crude trends for direction. Technical indicators remain weak, with Nifty facing key support near 23,600 and resistance around the 24,000…

The Economic Times

Trump Says 'Preference Is Diplomacy' as Houthis Strike Saudi Aramco Sites, Raising Fears of Wider Middle East War

The Iran conflict expanded into new flashpoints across the Middle East as Tehran-backed Houthi forces targeted Saudi energy infrastructure while Washington paused further strikes amid concerns over a broader regional war.

Benzinga

Drivers warned not to expect extended fuel excise cut

Anthony Albanese has indicated further price relief at the bowser is unlikely after an excise discount wraps up.

AAP

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Rate watchers eye inflation data and RBA chief's speech

Economists from some of the nation's biggest banks are expecting the RBA board to hold rates at its upcoming meeting, as crucial inflation data is set to drop.

AAP

Teen Gets Porsche Cayenne As Gift. Then She Takes It To Valvoline: ‘It’s Not Our Responsibility’

‘You got your Por-shuh serviced at Valvoline ?’

Motor1

Let’s get ready to rumble: The next Fed meeting will be a ’family feud’—and that’s exactly what Chairman Kevin Warsh wants

“And the survey says … policy will likely stay on hold for an additional meeting. Hawkish momentum is building, however. We expect two hawkish dissents.”

Fortune

Crude Oil Trading Isn't Trading Higher Despite Iran and Ukraine Wars

Crude oil prices have surged over the past three weeks, with Brent climbing from this month’s low of $70 to $100 on Thursday. West Texas Intermediate (WTI) has jumped from $67.20 to $93.50 over the same period.

Benzinga

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Ships continue Red Sea transit despite attacks and Houthi blockade: Report

Dozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and execute U-turns. Recent attacks on oil tankers threaten global commerce and already strained supply lines. Disruptions in the Red Sea and Strait of Hormuz expose a quarter of global oil.…

The Economic Times

New North Sea oil drilling faces delay after gear accidentally dropped in sea

Exclusive: Blunder at Rosebank, UK’s biggest undeveloped oilfield, comes as government considers granting licence

The Guardian - UK

Ukraine strikes Siberia refinery as Kazakh leader tells Putin war should end

MOSCOW - Ukrainian drones struck a Siberian oil refinery Saturday and disrupted an Urals athletics competition, as Kazakhstan's president told Russia's Vladimir Putin the Ukraine war should end during a forum in Siberia's Omsk.

Bangkok Post

Kuwait Signs $16 Billion Pipeline Deal With Blackstone, KKR, Brookfield Despite Rising Regional Tensions

Kuwait Petroleum Corp. (KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co. Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions.

Benzinga

Saudi-Led Coalition Strikes Houthi Targets In Response to Militia Attacks; Energy Markets Brace for Volatility

The Saudi‑led coalition in Yemen struck Houthi targets on Saturday in response to missile attacks launched by the Iranian‑backed group.

Benzinga

Kazakhstan's president urges Putin to ‘freeze’ war in Ukraine

Kazakhstan's president on Saturday urged Russian leader Vladimir Putin to end the war in Ukraine during talks in the Siberian city of Omsk. Hours earlier, Ukrainian drones struck an oil refinery in Siberia in one of Kyiv's deepest attacks inside Russia.

France 24

Houthis target Saudi oil as new Middle East front

SANAA - Yemen's Iran-backed Houthi rebels said they had launched missile and drone salvos against Saudi Arabia's oil facilities on Saturday, as fighting between regional allies of the United States and Iran intensified on a new front.

Bangkok Post

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MyLifeXP

8 Ancient Hair Fall Remedies By Our Grandmothers Kitchen

If you ask your grandmother how people took care of their hair years ago, she probably won't mention fancy products or expensive treatments. She will most likely talk about homemade oils, fresh herbs, and ingredients that were already in the kitchen.Back then, looking after your hair was a habit, not…

The Times of India

In the early 1980s, poaching wiped out all wildlife in this Ugandan reserve, now 12 giraffes are being brought back to save them from oil drilling

Uganda is moving endangered Nubian giraffes from Murchison Falls National Park to Ajai Wildlife Reserve. This relocation aims to protect the species from oil drilling and habitat pressures. Ajai Wildlife Reserve is undergoing ecological restoration and reintroduction of various animal species. Local communities are actively engaged and benefit from conservation…

Motor1

Should You Get Your Oil Changed At Walmart? The Pros And Cons

Walmart makes oil changes easy, but convenience comes with a few compromises.

The Economic Times

ONGC starts drilling first deepwater well in Mahanadi basin under Samudra Manthan mission

ONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast hydrocarbon resources. The government has opened nearly one million square kilometers for exploration. Recent successes strengthen the outlook for offshore exploration efforts.

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The Economic Times

Missiles targeting Saudi oil refineries shot down

Saudi Arabia intercepted two ballistic missiles from Yemen targeting oil refineries in Yanbu. U.S. forces launched air strikes on Iran after Houthi attacks on Saudi tankers. President Trump vowed major military punishment for Iran and its Houthi allies. The Strait of Hormuz remains a key waterway, with Houthi actions disrupting…

The Economic Times

Mumbai man orders iPhone 14 but allegedly receives beard growth oil instead; Flipkart and third-party seller ordered to refund Rs 2.14 lakh

A district consumer commission ordered Flipkart and a seller to refund over two lakh rupees. The Powai resident ordered an iPhone but received beard growth oil and packing material. The commission found deficiency in service and unfair trade practices by the e-commerce platform. Flipkart and the seller failed to resolve…

Fortune

Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold

Depleted emergency oil reserves create a dangerous game if the Strait of Hormuz and the Red Sea are effectively shuttered.

Woman & Home

Don't wait until Duty Free – we've found even cheaper deals elsewhere on these 12 beauty buys

We've found unmissable discounts on cult classic beauty buys from the likes of YSL, Lancôme, Elemis and more

The Economic Times

Sensex sinks over 2,000 points in 5 days. How scary do the charts look for next week?

Indian markets enter a crucial week with Nifty testing the key 23,600 support after five straight sessions of losses. Rising crude oil prices, weak earnings and global headwinds have turned sentiment bearish, while analysts see 24,000–24,200 as major resistance levels.

The Economic Times

Crop prices hit three-year high as heat, war stoke supply fears

Scorching temperatures across Europe also raise concerns over potential crop losses. This situation could lift costs for staples like bread and cooking oil.

The Economic Times

Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?

Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran peace negotiations. Despite the fall, both Brent and West Texas Intermediate crude are set for weekly gains. Geopolitical developments continue to heavily influence global oil prices and supply concerns. Experts…

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