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The Latest Breaking News from Oil

Global Oil Glut Concerns Weigh on Crude Prices

September WTI crude oil (CLU25 ) Monday closed down -1.04 (-1.54%), and September RBOB gasoline (RBU25 ) closed down -0.0164 (-0.77%). Crude oil and gasoline prices settled lower on Monday after OPEC+ on Sunday raised its crude production levels, stoking fears of a global supply glut. Crude prices recovered from...

Barchart

Cotton Posting Monday Pop Higher

Cotton futures are up 22 to 28 points a midday. The US dollar index was back down $0.375 to $98.545, as crude oil futures are another $1/barrel lower. OPEC+ announced another production hike of 547,000 barrels per day in September. CFTC data showed spec funds in cotton futures and options...

Barchart

Crude Oil Falls 1.5%; ON Semiconductor Shares Plunge After Q2 Results

U.S. stocks traded higher midway through trading, with the SP 500 gaining more than 1% on Monday.

Benzinga

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The Oil Wells Near the Denver Suburbs Worried Her. The Health Risk Alarmed Her Even More.

Recently retired Colorado scientist Lisa McKenzie chased the link between fracking and adverse birth outcomes, cancer and cardiovascular disease.

Capital & Main

Trump pledges to ‘substantially’ raise US tariffs on India over Russian oil

India rejects criticism of its business dealings with Russia as ‘unreasonable’, vowing to safeguard its own interests.

Al Jazeera

Trump’s demand that India stop buying Russian oil puts Modi in tight spot

Prime minister faces a choice between high tariffs or giving up cheap oil, putting New Delhi’s non-alignment policy under severe strain

The Guardian - UK

In Ecuador, environmentalists worry Noboa is unwinding nation's green reputation

Recent moves in Ecuador have environmental interests concerned that the South American nation is unwinding some of the basis for its green reputation

The Independent UK

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'Breathing them in is not a good idea' – 7 things to never put in your humidifier, from tap water to perfume

HVAC pros warn that these liquids could seriously damage your machine

Homes & Gardens

Lloyds leads FTSE 100 up as European stocks rally

The FTSE 100 index closed up 59.72 points, 0.7%, at 9,128.30.

Evening Standard

Crude Prices Slip After OPEC+ Raises Crude Production Levels

September WTI crude oil (CLU25 ) today is down -0.62 (-0.92%), and September RBOB gasoline (RBU25 ) is down -0.0064 (-0.30%). Crude oil and gasoline prices today are moving lower after OPEC+ on Sunday raised its crude production levels, stoking fears of a global supply glut. Crude prices recovered from...

Barchart

Energy giant discovers its largest oil and gas field in 25 years

IN FULL

The Independent UK

Frying solo? 20 pantry, fridge and freezer essentials for single households

Olives, chickpeas and dukkah are a few of the basic ingredients writer and former caterer Elizabeth Quinn keeps on hand. Here she shares quick recipes for eating solo

The Guardian - AU

BP Makes Biggest Oil Discovery in 25 Years Off Brazil as It Shifts Away From Renewables

Britain's BP announced Monday it made its biggest oil and gas discovery in 25 years off the coast of Brazil, as it shifts back to its fossil fuel business.

International Business Times

Cotton Posting a Monday Bounce Back

Cotton prices are up 40 to 49 points across most contracts on Monday morning. Futures closed the Friday session with contracts down 89 to 119 points across the nearbys. December was down 187 points on the week. The US dollar index was back down $1.318 to $98.425, as crude oil...

Barchart

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The Independent UK

Top Trump aide says India financing Putin’s war in Ukraine by buying Russian oil

White House official says India ‘basically tied with China in purchasing Russian oil’ as Delhi defies sanctions threat

Evening Standard

BP makes its biggest oil and gas discovery in 25 years

The oil giant said the discovery was its tenth to date in 2025 and the biggest since the 1999 find of the Shah Deniz gas field in the Caspian Sea.

MarketBeat

Baker Hughes & Chart Ink $13.6B Deal—Start of Energy's Comeback?

Baker Hughes’ $13.6B deal revives energy stock momentum; here's why XLE and Transocean may offer strong upside in a recovering oil market.

The Independent UK

BP confirms biggest oil and gas field discovery in 25 years – three times the size of Paris

The British energy firm have scaled back on renewable plans recently to refocus on fossil fuels

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news in one place.

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Al Jazeera

Trump aide accuses India of financing Russia’s war in Ukraine

White House deputy chief Stephen Miller says it was ‘not acceptable’ for India to continue to buy Russian oil.

The Guardian - UK

BP makes its biggest oil and gas discovery in 25 years off coast of Brazil

Company to carry out more tests on its Santos basin find as it continues shift from renewables back to fossil fuels

The Guardian - AU

Ukraine war briefing: Top Trump aide accuses India of financing Russian war by buying oil

Stephen Miller says it’s astonishing that ‘India is basically tied with China in purchasing Russian oil’; 120 firefighters needed to put out blaze at Sochi oil depot. What we know on day 1,258

The Independent UK

OPEC+ countries to boost oil production by 547,000 barrels per day

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could lower oil and gasoline prices

The Independent UK

Ukrainian drone attack sparks blaze at oil refinery in Russia

An overnight Ukrainian drone attack caused a fire at an oil refinery in Sochi, Russia.

The Guardian - UK

Ukrainian attack sparks blaze at Russian oil depot as countries trade strikes

Video shows black smoke pouring from facility in Sochi, while Russian attack on Mykolaiv wounds seven people

Homes & Gardens

I've never quite mastered cooking steak – but these professional tips have mean I'll always achieve perfect results

From the grill to the air fryer and more, these expert-approved methods for cooking steak are everything I need

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