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The Latest Breaking News from Oil

Afternoon Update: Australia facing $500m Chevron cleaning bill; Obama breaks silence on Trump; and the blowback against office air

Deal struck in 1980s refunds about half of what the US multinational fossil fuel company paid in royalties, documents show

The Guardian - AU

Three vibrant summer recipes under £10 to brighten up your evenings

These easy, sunshine-ready dishes are big on flavour and light on cost – including a hot honey pizza, spicy aubergine tacos and a summery twist on parmigiana

The Independent UK

‘Total infiltration’: How plastics industry swamped vital global treaty talks

Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet

The Guardian - UK

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Australian taxpayers on the hook to pay Chevron more than $500m to clean up oil wells

Deal struck in 1980s refunds about half of what the US multinational fossil fuel company paid in royalties, documents show

The Guardian - AU

Cotton Bulls Manage to Sneak Out Gains on Tuesday

Cotton futures posted modest gains of 5 to 15 points on Tuesday. Crude oil futures were down 41 cents at the close. The US dollar index was weaker, down $0.475 to $97.095. Weekly USDA Crop Progress data indicated 75% of the US cotton crop was squaring as of July 20,...

Barchart

Crude Oil Price Fall on Concern About Energy Demand

August WTI crude oil (CLQ25 ) on Tuesday closed down -0.99 (-1.47%), and August RBOB gasoline (RBQ25 ) closed down -0.0300 (-1.41%). Crude oil and gasoline retreated for a second session Tuesday, with gasoline dropping to a 2-week low. Crude oil prices are being undercut by concern that President Trump's...

Barchart

Halliburton: Oil markets are “softer” and will remain weak for all of 2025

The oil sector braces for a bearish back half of 2025 while remaining optimistic for the long run.

Fortune

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‘A crisis boiling over’: The Essex community divided over violent migrant protests

IN FOCUS: While the violent protests have subsided, Epping remains split over the events that sparked the unrest that has plagued the community for the past 10 days, as Holly Evans and Nicole Wootton-Cane report

The Independent UK

Famous Last Words? Cotton Not Doing Much

Cotton prices are trading on both sides of unchanged as we roll into midday on Tuesday, with thinly traded October down 14 points and other contracts 3 points either side of UNCH. Futures had closed out the Monday session with losses of 52 to 58 points. Crude oil futures are...

Barchart

Crude Oil Prices Fall on Concern Tariffs Will Slow Growth and Energy Demand

August WTI crude oil (CLQ25 ) today is down -1.01 (-1.50%), and August RBOB gasoline (RBQ25 ) is down -0.0306 (-1.44%). Crude oil and gasoline prices today are falling for a second session, with gasoline dropping to a 2-week low. Crude oil prices are being undercut by concern that President...

Barchart

What could biggest oil discovery in Poland's history mean for Europe's energy mix?

Euronews asked analysts if the huge oil and gas deposits discovered under the Baltic Sea offer Europe a chance to be less reliant on Russian energy.

Euronews

British potatoes and Spanish olives: How climate extremes are pushing up food prices

The study highlights how climate-driven food price spikes can aggravate public health risks and social unrest.

Euronews

Minister insists fuel supplies not under threat despite oil refinery closure

Michael Shanks pledged to support the workers who are facing redundancy, but the Government is unlikely to improve the statutory redundancy offer.

Evening Standard

Trump Plans 100% Tariffs On India, Brazil, China For Backing Russian Oil And Fueling 'Putin's War Machine,' Says Lindsey Graham

Sen. Lindsey Graham (R-S.C.) issued a stark warning to China, India, and Brazil, indicating that they could face severe economic consequences for continuing to purchase Russian oil.

Benzinga

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Barchart

Cotton Holding Steady on Tuesday Morning

Cotton prices are near unchanged on Tuesday morning, with thinly traded October up 16 points and other contracts down 1 to 2 points. futures closed out the Monday session with losses of 52 to 58 points. Crude oil futures were down 27 cents per barrel. The US dollar index was...

Tom’s Guide

I cleaned my house using only homemade cleaning products for a week — here's what happened

I made my own cleaning products using ingredients I already had in my home, and some worked better than others.

Barchart

Cotton Falls to Start the Week

Cotton futures closed out the Monday session with losses of 52 to 58 points. Crude oil futures were down 27 cents per barrel. The US dollar index was down $0.623 at $97.575. Weekly Crop Progress data indicated 75 of the US cotton crop was squaring as of July 20, with...

Barchart

Soybeans Post Double Digit Losses on Monday

Soybeans failed to see much buying out of the weekend, as contracts were down 9 to 13 cents at the close. The cmdtyView national average new crop Cash Bean price is down 10 cents today at $9.76 1/4. Soymeal futures were up a dime. Soy Oil was 23 to 27...

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news in one place.

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Barchart

Crude Oil Prices Slip on Concerns of a Mounting Global Oil Supply Glut

August WTI crude oil (CLQ25 ) on Monday closed down -0.14 (-0.21%), and August RBOB gasoline (RBQ25 ) closed down -0.0215 (-1.00%). Crude oil and gasoline prices on Monday settled lower, with gasoline dropping to a 2-week low. The outlook for larger crude exports from Iraq may boost global oil...

Marie Claire

Perfume Oils Are the It-Girl Secret to Smelling Ridiculously Delicious

These eight are the best on the market.

Capital & Main

On the Navajo Nation, the List of Mystery Wells Continues to Grow

Old oil wells on the reservation spew chemical-laden water. The feds have done little to honor treaty obligations to clean them up.

Barchart

Crude Oil Prices Pressured by Concerns of Oversupply

August WTI crude oil (CLQ25 ) today is down -0.27 (-0.40%), and August RBOB gasoline (RBQ25 ) is down -0.0194 (-0.90%). Crude oil and gasoline prices are under pressure today, with gasoline falling to a 2-week low. The outlook for larger crude exports from Iraq may boost global oil supplies...

The Guardian - UK

Prax Lindsey oil refinery to shut with 625 jobs at risk after no buyer found

Energy minister says he is ‘deeply disappointed’ at failure to find buyer for Lincolnshire site and blames owner

Euronews

Poland discovers one of Europe's largest oil deposits in a decade

The Wolin East 1 well is estimated to hold 22 million tonnes of crude oil and 5 billion cubic metres of natural gas, with the broader concession potentially containing even more.

The Conversation

I watched a simulated oil spill in the Indian Ocean – here’s how island and coastal countries worked together to avoid disaster

The coils of black hose, drum skimmers designed to collect oil from the ocean’s surface, and orangey-red containment booms all looked out of place on the white sand of Mombasa’s touristy Nyali beach. But on July 9, dozens of emergency responders in red and orange hi-vis gear took over a…

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