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The Latest Breaking News from Oil

The optics of the summit between Donald Trump and Xi Jinping were carefully staged to signal parity between the US and China. Mr Trump, the first US president to visit mainland China in nearly a decade, was accompanied by an entourage of American CEOs -- including Tesla's Elon Musk, Apple's…

Bangkok Post

Demi Moore debuted nostalgic, voluminous curls at Cannes – and we know why they're so glossy

These 'disco girl curls' make her hair look twice as big (and supremely shiny)

Woman & Home

Someone bet $800 million on oil prices dropping 15 minutes before Trump posted about Iran peace talks. Federal investigators want to know who.

Can’t be a lucky guess.

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EU To Downgrade Growth Forecast Due To 'Stagflationary Shock' From Iran War

The European Union will cut its growth forecast as a result of the "stagflationary shock" from the Iran war, its economy commissioner said.

International Business Times

Soybean Rally Holding with Sharp Gains at Midday

Soybeans are up 30 to 39 cents across most contracts on Monday. The cmdtyView national average Cash Bean price is up 39 1/2 cents at $11.52 1/4. Soymeal futures are $2.80 to $4.20 higher, with Soy Oil futures 160 to 185 points in the green. USDA’s FGIS tallied soybean export...

Barchart

Cotton Rallying into Midday Trade

Cotton futures are trading with 193 to 276 point gains at midday. The US dollar index is $0.258 lower at $98.95. Crude oil is up $1.33 at $106.75 on the day. On Sunday, the White House released a fact sheet on the US/China talks from last week, in part stating...

Barchart

US extends sanctions waiver on Russian oil for 30 days, Bessent says

Washington has extended its sanctions waiver for Russian oil cargoes at sea by 30 days. This move aims to help vulnerable nations access Russian oil amidst surging global energy prices. The temporary measure provides additional flexibility to stabilize the crude market. This is the second extension of the waiver, which…

The Economic Times

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IOC Q4 results: Cons PAT surges 78% YoY to Rs 14,458 crore, revenue rises 7%

Indian Oil Corporation announced a significant 78% jump in net profit for the March quarter. Revenue also saw a healthy increase. The company's board recommended a final dividend for shareholders. Despite global uncertainties, IOC's profitability remained strong. Financial metrics like debt-to-equity ratio and profit margins showed improvement.

The Economic Times

Bo French’s Blood-and-Oil Bid for Railroad Commissioner

The former Tarrant County GOP chair's statewide campaign displaces blame for the fossil fuel industry’s ravages onto the far right’s favored scapegoats.

Texas Observer

FTSE 100 up amid calmer bonds but oil rises again

The FTSE 100 closed up 128.38 points, 1.3%, at 10,323.75.

Evening Standard

The Iran War Has Cost Global Companies At Least $25 Billion, Report Shows

Reuters reported Monday that at least 279 publicly listed companies in the United States, Europe, and Asia have cited the war as a reason for defensive financial moves.

International Business Times

Crude Oil Prices Underpinned by Lack of Progress in US-Iran Peace Negotiations

June WTI crude oil (CLM26 ) today is up +1.44 (+1.38%), and June RBOB gasoline (RBM26 ) is up +0.0441 (+1.19%). Crude oil and gasoline prices rallied to 2-week highs today as doubts about the progress of peace negotiations to end the US-Iran war keep the Strait of Hormuz closed...

Barchart

Rs 3 a litre fuel price hike cuts losses by 25 per cent; daily loss drops to Rs 750 crore

In a noteworthy shift, Indian oil corporations have curtailed daily losses by almost 25% thanks to a Rs 3 per litre increase in petrol and diesel prices. Nevertheless, ongoing global crude oil fluctuation and a depreciating rupee mean that fuel prices still linger below production costs. Currently, there are no…

The Economic Times

Stocks Pressured by a Rebound in Crude Prices and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down -0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.57%. June E-mini S&P futures (ESM26 ) are down -0.28%, and June E-mini Nasdaq futures...

Barchart

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Euronews

Iran sets up Hormuz transit authority to charge ships for passage

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers pile up in the waterway and peace talks remain deadlocked.

Latin Times

Iran Says U.S. Offered Oil Sanctions Relief As Trump Warns "Clock Is Ticking"

A report from Iran's semi-official Tasnim News Agency that the United States has offered a temporary waiver on oil sanctions against Tehran briefly cooled global crude markets Monday, even as President Donald Trump warned Iran that time was running out to reach a broader peace deal.

Barchart

Dollar Falls as Crude Prices Slide and Stocks Rebound

The dollar index (DXY00 ) fell from a 1.25-month high today and is down by -0.21%. The dollar gave up overnight gains today and turned lower after crude oil prices retreated following reports that the US proposed a temporary waiver of sanctions on Iran’s oil. Lower crude prices lower inflation...

International Business Times

Iranian Media Says U.S. Offered Temporary Waiver On Oil Sanctions Against Tehran

Iranian outlet Tasnim reported that the U.S. offered an interim waiver on oil sanctions against the country.

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MarketBeat

Iran Ceasefire Trade: 3 Energy Stocks to Own if Oil Falls to $80

Oil prices may cool after an Iran ceasefire, but these energy stocks could still outperform; these three stocks remain attractive buys

Barchart

Stocks Mixed as Crude Oil Prices and Bond Yields Fall

The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. June E-mini S&P futures (ESM26 ) are up +0.10%, and June E-mini Nasdaq futures...

The Economic Times

GIFT Nifty jumps nearly 1% after reports of US relief on Iran oil sanctions

GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy shock concerns, lifting investor sentiment despite ongoing geopolitical tensions, volatile crude prices, rupee weakness, and uncertainty surrounding West Asia negotiations.

International Business Times

Commercial Oil Inventories Depleting Rapidly With Only a Few Worth Left, IEA Head Says

Commercial oil inventories are being quickly depleted and there are only a few weeks worth left of them, International Energy Agency Fatih Birol warned.

The Economic Times

US stocks today: US stocks trade mixed as Treasury yields ease, oil prices retreat

U.S. stocks were mixed in choppy trade as Treasury yields eased from recent highs and oil prices declined on easing supply concerns. Investors remained cautious amid inflation worries and rate hike bets, while AI-driven optimism and key earnings kept markets supported.

Barchart

Texas Pacific Land Stock Outlook: Is Wall Street Bullish or Bearish?

Texas Pacific Land has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

The Independent UK

David Tamarkin's recipe for Greens, Grains and Fried Egg works for any meal

Chef David Tamarkin says eggs are better with carbs

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