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The Latest Breaking News from Oil

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

Homes & Gardens

Ukrainian Drones Spark Fire At Sochi Oil Depot

An Ukrainian drone attack sparked a fire at an oil depot in Sochi, the Russian resort that hosted the 2014 Winter Olympic which is 400 kilometres (250 miles) from the Ukrainian border, authorities said Sunday.

International Business Times

Eight OPEC+ Countries Raise Production By 547,000 Bpd

Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a day in a move which analysts say aims to regain market share amid resilient crude prices.

International Business Times

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OPEC+ agrees to boost oil production by 547,000 barrels per day from September

Eight OPEC+ countries meeting on Sunday agreed on a bump in oil production for September by 547,000 barrels per day.

Euronews

India signals it will keep buying Russian oil despite Trump tariff threat

India says its ties with Moscow were ‘steady and time-tested’ amid threats from Trump

The Independent UK

Russian missile and drone strikes injure at least 18 across Ukraine

Russian missile strikes on Mykolaiv injured seven people, while Ukraine's air force intercepted 60 drones. Ukrainian forces hit an oil depot in Russia's Sochi.

Euronews

OPEC+ Slated To Increase Oil Output In Bid To Regain Market Share

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting Sunday, a move analysts say is aimed at regaining market share amid resilient crude prices.

International Business Times

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Ukraine war briefing: Kyiv faces Russian missile attack as both sides trade strikes

Witnesses hear blast shaking city shortly after midnight on Sunday; Ukraine strikes in Russia kill three people, officials say. What we know on day 1,257

The Guardian - AU

This affordable hack deters mosquitoes with a citrus summer scent – here's how to try it in your own home

Plus, it doubles up as a stunning centrepiece for al fresco dinner parties

Homes & Gardens

India to defy Trump’s threats and keep buying Russian oil, government sources say

India substantially increased its purchase of cheap Russian oil after the Kremlin invaded Ukraine in 2022

The Independent UK

Sienna Miller swapped beach hair for silky waves – and we think this nourishing oil was behind the look

Here's how to get Sienna's smooth, smooth strands...

Woman & Home

India Stands Firm on Russian Oil Imports Despite Trump's Sanction Threats

In the face of potential penalties threatened by President Donald Trump, India has affirmed its decision to continue buying cheap oil from Russia. This development surfaces amidst ongoing India-U.S. talks concerning a bilateral trade agreement.

Benzinga

Figma IPO's surprise winner is a charity with 13 million shares—and a famous backstory that sparked a bitter feud over a donor's oil fortune

The Marin Community Foundation netted $440 million as the IPO's largest selling shareholder. The philanthropic organization is itself the product of a previous generation of big business—and a famous legal fight for control of the money.

Fortune

India to still buy oil from Russia despite Trump threats, say officials

No pause on Russian imports by Indian oil firms who base decisions on ‘price, grade of crude, logistics and economic factors’

The Guardian - UK

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Al Jazeera

Ukraine drone attacks kill three in Russia, cause fire at oil refinery

At least three are killed in several regions of Russia while fire breaks out at an oil refinery in central Russia.

The Guardian - UK

‘Serve me these with an aperitivo immediately’: the best supermarket salted crisps, rated by Felicity Cloake

A good crisp should be dangerously moreish – but which were perfectly seasoned and crunchy, and which weren’t worth their salt?

Al Jazeera

Nigeria kills her sun: Death and vindication for Ken Saro-Wiwa, Ogoni Nine

An activist’s fight against big oil leads to his death sentence. Thirty years on, government says he’s a national hero.

AAP

Concern as grey market Russian oil seeps into Australia

Ships have docked in Australia carrying Russian oil refined in third countries, raising concerns Moscow is evading sanctions to finance its war on Ukraine.

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Barchart

Cotton Heads Lower into the Weekend

Cotton 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 futures were $2.09/barrel lower. CFTC data showed spec funds in cotton futures and...

Fortune

Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian

Big Oil leaders dominate the Permian and the hottest spot in South America.

Barchart

Crude Prices Plunge on US Economic Concerns

September WTI crude oil (CLU25 ) on Friday closed down -1.93 (-2.79%), and September RBOB gasoline (RBU25 ) closed down -0.0553 (-2.54%). Crude oil and gasoline prices sold off sharply on Friday, driven by concerns about global energy demand due to President Trump's tariff policies and weaker-than-expected US economic reports...

Benzinga

Crude Oil Down 2%; Amazon Shares Tumble After Q2 Results

U.S. stocks traded lower midway through trading, with the Dow Jones dipping around 1.5% on Friday.

Benzinga

Deal Dispatch: MEG Bidding War Heats Up, L Catterton Takes Bite Out Of Kisshokichi, Sunnova's Still Shining

MEG Energy is officially on the auction block, and the oil sands drama is heating up like a rig in August.

Barchart

Soybeans Trying to Bounce into Friday’s Close

Soybean futures are showing fractional to 2 cent gains across most contracts on Friday’s midday. There were another 408 deliveries issued against August soybean futures overnight. The cmdtyView national average Cash Bean price is down 2 cents at $9.32 ¾. Soymeal futures are posting Friday gains of $1.50 to $3.60/ton,...

Barchart

Cotton Losses Pushing Further into Friday’s Midday

Cotton futures are showing weakness pushing lower into the weekend, with contracts down 67 to 78 points as the outside factors are mixed. The US dollar index is back down $0.938 to $99.805, as crude oil futures are $1.85/barrel lower. Export Sales data has cotton sales commitments at 11.807 million...

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