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The Latest Breaking News from Oil

The Secret Ingredient Isn't A Spice, It's The Vessel

Have you ever wondered why your grandmother's dal never tastes quite the same when you cook it in a modern non stick pan? Or why restaurant biryani has a depth of flavor that is hard to recreate at home? The answer often lies in something we rarely think about, the…

MyLifeXP

Stock Indexes Mixed Ahead of Alphabet’s Earnings

The S&P 500 Index ($SPX ) (SPY ) today is down -0.09%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.29%. September E-mini S&P futures (ESU26 ) are down -0.07%, and September E-mini Nasdaq futures...

Barchart

Pope Leo Condemns Iran War as 'Unjust' Amid Growing Clash With Donald Trump

Pope Leo has renewed calls for peace, describing the Iran war as 'unjust', while his growing public disagreement with President Donald Trump over the conflict continues to intensify.

International Business Times UK

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Dollar Slightly Lower as the Yen Recovers

The dollar index (DXY00 ) is down by -0.10% today. The dollar is under modest pressure today amid a recovery in the yen, which rose from a 39-year low on the prospect of faster interest rate hikes from the BOJ. Losses in the dollar are limited due to today's +3%...

Barchart

Here's What to Expect From ExxonMobil's Next Earnings Report

ExxonMobil is expected to announce its second-quarter earnings as the month comes to an end, and Wall Street forecasts a triple-digit increase in its bottom line.

Barchart

Top OMCs post losses with government weighing relief measures

State-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, and LPG below market rates. Elevated crude prices, driven by West Asia conflict, impacted their earnings. The oil ministry is now working on a compensation proposal for these companies. The…

The Economic Times

Oil at 6-week high as war intensifies

Oil prices rose to their highest in almost six weeks on Wednesday, with Brent crude surpassing $95 a barrel, on mounting concerns about disruptions to Middle Eastern supply routes because of escalating hostilities between the US and Iran and threats to shipping by ⁠the Iran-backed Houthi militia in Yemen.

Bangkok Post

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Stock Indexes Retreat as Crude Oil and Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.48%. September E-mini S&P futures (ESU26 ) are down -0.10%, and September E-mini Nasdaq futures...

Barchart

RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: Bulletin

The Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopolitical tensions. India's external sector remains steady with improving foreign investment inflows. The domestic economy navigated uncertainties well, supported by strong demand. Foreign exchange reserves are comfortable, covering over…

The Economic Times

RBI sold $6 billion in May to defend oil-hit Indian rupee, data shows

The Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the rupee to a record low. The central bank also implemented policy measures to encourage dollar inflows into India.

The Economic Times

Oil price rises above $95 mark as Middle East conflict escalates

Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-Mandeb

The Guardian - UK

Why is a proposed US-Saudi nuclear pact causing alarm in Washington and the Middle East?

The Trump administration supports a nuclear pact with Saudi Arabia. This agreement allows uranium enrichment and spent fuel processing by Riyadh. Saudi Arabia seeks nuclear power to reduce carbon emissions and export more oil. The United States gains strategic and commercial benefits from this cooperation. Other nations like China and…

The Economic Times

U.S. and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia

The United States and Pakistan have rejected threats by Yemen’s Houthi rebels against Saudi Arabia and shipping in the Red Sea

The Independent UK

Prospects Of a Ceasefire Between The U.S. And Iran Remain Dim. Oil Continues To Soar

Oil prices continue to rise as prospects of a ceasefire between the U.S. and Iran remain dim.

International Business Times

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Barchart

Cotton Firming Higher on Wednesday Morning

Cotton prices are trading with 25 to 30 point gains to start the Wednesday session. Futures rallied on Tuesday, with contracts 145 to 159 points higher at the close. Crude oil was up another $1.76 per barrel, with the US dollar index up 0.254. Monday afternoon’s Crop Progress showed 73%...

International Business Times UK

Trump Faces Scrutiny Over $13B in Venezuelan Oil Cash as Only $300M Is Publicly Traced to Caracas

The US control over Venezuelan oil revenue has led to calls for an audit, amid concerns about transparency and legal justification, as Venezuela struggles with economic and humanitarian crises.

The Economic Times

Oil rally weighs on Indian bonds, value buyers limit fall

Indian government bonds experienced a fourth consecutive session of decline on Wednesday. Benchmark bond yields rose to their highest level since late June. Rising oil prices and supply fears intensified concerns about India's economic outlook. The Indian rupee weakened to a two-month low against the dollar. Overseas investors continue to…

Ideal Home

5 scents mosquitoes can't stand and will make your home and garden smell divine – say goodbye to painful bites this summer

Say goodbye to painful bites this summer

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Benzinga

Jim Cramer Warns Oil’s ‘Endless Climb’ Can’t Be Ignored As Brent Hits $95 Amid Stalled Iran Talks

Global crude prices surged over 4% on Wednesday, with Brent topping $95 per barrel following an 11th consecutive night of U.S. strikes against Iran.

International Business Times

Inflation and Interest Rates' Outlook Ceded After U.S.-Iran Ceasefire. It Is Going Up Again As it Resumes

Investment giant BlackRock estimated that the conflict with Iran is expected to increase global headline inflation by approximately 0.8 percentage points.

Barchart

Nasdaq Futures Slip as Chip Rally Falters Ahead of Alphabet Earnings

September Nasdaq 100 E-Mini futures (NQU26) are down -0.52% this morning as a rally in chip stocks lost momentum ahead of earnings from AI hyperscaler Alphabet.

Evening Standard

Approval of new drilling in North Sea ‘would break Labour’s manifesto’

Protesters, who were dressed as firefighters in front of a banner reading ‘world on fire’, gathered in London.

The Economic Times

Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routes

Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U.S. and Iran have sparked fears of supply disruptions affecting critical shipping lanes. Moreover, threats from the Houthi militia are hindering oil tanker operations in the Red Sea,…

The Economic Times

Rupee languishes at two-month lows as supply worries raise oil prices

The Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an effort to contain the rupee's decline, state-run banks stepped in to sell off dollars. Increased energy prices are forecasted to exacerbate inflationary pressures and expand India's deficit.…

Fortune

Current price of oil as of July 22, 2026

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

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