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The Latest Breaking News from Oil

5 Monsoon Hair Problems for Indian Curly and Wavy Textures and How to Fix Each One

Frizz That No Amount of Serum FixesThe frizz you get in June and July is not the same as winter dryness frizz. Monsoon frizz is caused by excess humidity forcing water molecules into the hair shaft faster than the cuticle can regulate. Curly and wavy hair has a raised cuticle…

Times Life

Indian Curly Hair Types Actually Explained: Why the Western Chart Gets It Wrong

The Chart Was Not Built for Indian HairThe Andre Walker hair typing system, the 1-to-4, A-to-C grid that dominates every curl forum and shampoo label, was developed in the early 1990s in the United States, primarily to categorise the hair textures of Black and white American women. Indian hair was…

Times Life

Neem's Bitter Compounds Target Insulin Resistance and Metabolic Inflammation Better Than You Knew

The Bitterness Is the PointNeem's flavour is the first thing most people want to get past. Chew a fresh leaf and the bitterness hits the back of the throat in a way that feels medicinal before you've thought about it. That sensation is not incidental. The bitter compounds in neem,…

Times Life

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US and Iran escalate strikes across Mideast; bridges and a water plant hit

The United States and Iran intensified their conflict across the Middle East on Friday, launching fresh strikes on military and infrastructure targets as tensions over the Strait of Hormuz escalated. The U.S. targeted additional bridges, energy facilities and a key Iranian port, stepping up pressure on Tehran after President Donald…

The Economic Times

BP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran's Energy Influence.

ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk Limited, expanding its footprint in northern Iraq at a time when the United States and Iraq are working to strengthen energy ties and reduce the region's dependence on routes vulnerable to disruption.

International Business Times

New oil rules to elevate output, energy security

The government is moving closer to approving new regulations that would allow petroleum production licences to be renewed multiple times, a significant shift aimed at strengthening investment in exploration and production.

Bangkok Post

Cotton Futures Fade into the Weekend

Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil was up another $3.50 per barrel, with the US dollar index up 0.011. Friday afternoon’s Commitment of Traders report showed managed money spec...

Barchart

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US launches seventh night of Iran strikes as Hormuz conflict escalates

Central Command says attacks were designed to ‘continue degrading Iranian military capabilities’

The Guardian - UK

Stocks Finish Sharply Lower as Tech Stocks Slump

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.49%. September E-mini S&P futures (ESU26 ) fell -1.02%, and September E-mini Nasdaq futures...

Barchart

Dollar Little Changed as Crude Prices Soar and T-note Yields Fall

The dollar index (DXY00 ) finished little changed on Friday. The dollar found some support from Friday’s +4% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Also, Friday’s stock selloff boosted liquidity...

Barchart

US oil firms sign deals with Iraq to develop alternative shipping routes

U.S. companies have signed roughly $60 billion in agreements and partnerships with the Iraqi government, including deals intended to create alternative routes for shipping oil out of the Persian Gulf

The Independent UK

Escalation of US-Iran Hostilities Pushes Crude Oil Sharply Higher

August WTI crude oil (CLQ26 ) on Friday closed up +3.54 (+4.48%), and August RBOB gasoline (RBQ26 ) closed up +0.1080 (+3.29%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 5-week high and gasoline posting a 2-month high. Crude prices surged on Friday amid heightened...

Barchart

UK court denies bail to Indian captain of sanctioned Russian oil vessel

An Indian captain faces sanctions violation charges after his oil tanker was seized. He was denied bail by a London court due to flight risk concerns. A four-week trial is scheduled to begin in mid-December. The captain is accused of transporting sanctioned Russian oil products. Twenty-four crew members remain aboard…

The Times of India

Tories silent as key North Sea jobs claim undermined by oil and gas giant

THE Tories have remained silent after a key claim they made about the Jackdaw gas field was undermined by its owners ...

The National (Scotland)

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Barchart

Sugar Prices Benefit from Surging Crude Prices

October NY world sugar #11 (SBV26 ) on Friday closed up +0.39 (+2.70%), and October London ICE white sugar #5 (SWV26 ) closed up +15.30 (+3.37%). Sugar prices settled sharply higher on Friday, with London sugar posting a 1-week high. Soaring crude oil prices on Friday spurred short covering in...

Bangkok Post

Tech sell-off takes toll on Asian equities

RECAP: Most Asian stock markets fell sharply on Friday, with equity benchmarks in Japan and Taiwan falling as much as 6%, as a global rout in technology stocks accelerated. The resumption of US-Iran hostilities and higher oil prices also dented sentiment.

Barchart

Soybeans Holding onto Midday Gains, Following Slew of Export Business

Soybeans are rebounding from the Thursday weakness with contracts up 6 to 8 cents in most contracts at midday. The cmdtyView national average Cash Bean price is up 7 ½ cents at $11.62 1/2. Soymeal futures are $2.10 to $2.60 lower at midday, while Soy Oil futures were 223 to...

Barchart

Corn Turning Higher at Midday

Corn futures are trading with contracts 2 to 3 cents across most contracts on Friday, with bulls fighting off early weakness. The CmdtyView national average Cash Corn price is up 2 ¾ cents at $4.12 1/2. A resurgence in the crude oil back above $80/bbl, up $3.26 at midday is...

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Barchart

Cotton Slipping Lower on Friday

Cotton futures are pulling off the early Friday losses with contracts down 11 to 40 points across most contracts at midday. Crude oil is up another $3.07 per barrel, with the US dollar index up 0.016. Export Sales data shows old crop cotton commitments at 11.951 million RB as of...

Barchart

Surging Crude Oil Lifts Sugar Prices

October NY world sugar #11 (SBV26 ) today is up +0.47 (+3.25%), and October London ICE white sugar #5 (SWV26 ) is up +16.70 (+3.67%). Sugar prices are moving sharply higher today, with London sugar posting a 1-week high. Soaring crude oil prices today have spurred short covering in sugar...

The Economic Times

ConocoPhillips takes 42% stake in BP Iraq venture

ConocoPhillips will acquire a minority stake in BP's northern Iraq oil venture. The deal involves BP Energy Company of Kirkuk Limited's production sites. This agreement is expected during Iraq Prime Minister Ali al-Zaidi's Washington visit. ConocoPhillips anticipates value creation through efficient redevelopment and exploration. The partnership aims to boost production…

Barchart

Crude Oil Prices Soar as the US and Iran Escalate Attacks

August WTI crude oil (CLQ26 ) today is up +2.16 (+2.74%), and August RBOB gasoline (RBQ26 ) is up +0.1049 (+3.19%). Crude oil and gasoline prices are moving sharply higher today, with crude posting a 1-month high and gasoline posting a 7-week high. Crude is rallying today on heightened concerns...

The Economic Times

US consumer sentiment highest since February on brief oil price dip

US consumer sentiment saw a temporary boost from lower oil prices in July. This positive trend may reverse as Middle East hostilities have resumed. Fighting has caused oil prices to rise again, impacting consumer outlook. Gasoline prices remain significantly higher than last year, affecting the economy. Consumers express frustration with…

Barchart

Dollar Finds Support from Weak Stocks and Surging Crude Prices

The dollar index (DXY00 ) is up by +0.03% today. The dollar found support from today's +3% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Today's US economic news was mixed for...

The Economic Times

Less Gulf, more Russia: RIL diversifies crude sourcing amid market turmoil due to Iran war

Reliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crudes during volatile markets. The company also completed planned turnarounds of key refining units. Global crude markets faced disruptions and supply chain issues. Brent crude prices averaged over one hundred dollars…

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