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The Latest Breaking News from Oil

Iran claims control, ships choose Omani route: What’s changing in Strait of Hormuz

The battle for control of the Strait of Hormuz has emerged as a key focus of the Iran war, with both Iran and the United States claiming the upper hand in recent months. The competing claims have created uncertainty over the extent of control exercised by either side over the…

The Times of India

SNP MP sparks debate as he calls on UK to reject new Scottish oil field

A SENIOR SNP MP has come out against a controversial proposed oil field, igniting debate within his party over its position on fossil fuels.

The National (Scotland)

Decision on $20b Papua LNG project due by year-end

Santos and its partners have targeted a fourth-quarter decision on a massive gas project in Papua New Guinea that would be the country's second.

AAP

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Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US in no talks with Iran. What lies ahead?

Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and Iran stoked global supply worries. Analysts at Goldman Sachs and JPMorgan warn Brent could spike past $110 if Strait of Hormuz shipping disruptions persist.

The Economic Times

Strong Q1 results spark stock-picking rush: 50 top ideas for investors to buy

The impressive earnings reported in the first quarter have led brokerages to unveil fresh stock-picking avenues. Investors are encouraged to seek out firms showcasing strong earnings and solid financial fundamentals. A collective effort from various brokerages has resulted in the identification of fifty prime stock options, covering diverse industries such…

The Economic Times

Trump pauses Canada tariffs threat, and hints at revival of Keystone XL pipeline

US president delays 50% tariffs by three days, and says contentious oil project ‘may be awoken from the grave’

The Guardian - US

Rupee may slip on oil, risk-off mood; RBI once again expected to ride to rescue

The Indian rupee is likely to experience a lower opening on Wednesday amidst climbing oil prices and increasing U.S. Treasury yields. The sentiment in the market is further influenced by the Reserve Bank of India's swap facility announcement. In an effort to bolster the currency, the central bank is selling…

The Economic Times

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India Inc’s blockbuster Q1 earnings may not last as 3 key tailwinds fade in H2

India Inc's impressive earnings in the first quarter might not sustain their momentum into the latter half of the year. Diminishing effects from favorable base conditions and a slowdown in consumption stimulation are anticipated. Additionally, while a declining rupee and rising commodity costs have provided brief respite, analysts caution that…

The Economic Times

Shares fall in Asia, with Kospi down 5.2%, while oil prices jump

Shares are sharply lower in Asia after Wall Street pulled further from its all-time high as artificial-intelligence stocks resumed their decline

The Independent UK

Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaited

The U.S. dollar slipped against leading currencies on Wednesday, influenced by a decline in treasury yields from their recent highs. Investors are keenly awaiting the Federal Reserve's minutes, anticipating guidance on interest rate trends. The euro and sterling gained ground slightly as they approached critical inflation reports. Additionally, oil prices…

The Economic Times

Oil edges up on uncertainty over exports through Hormuz

Oil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Strait of Hormuz. Iraq approved new export routes to avoid the critical waterway amid the ongoing conflict. Chinese shipping giants stopped using Hormuz and Bab al-Mandeb straits. US crude…

The Economic Times

7 Ways to Eat Your Favourite Indian Rice, Roti and Curries Without Blood Sugar Spikes

1. Eat Your Vegetables and Protein Before the Rice or RotiThe sequence of what you eat matters more than most people realise. A 2015 study published in Diabetes Care by researchers at Weill Cornell Medicine found that eating protein and vegetables before carbohydrates reduced post-meal glucose levels by up to…

Times Life

5 Signs Your Body Is Running Low on Iodine Even When You Use Iodised Salt Every Day

Your thyroid is working, but not well enoughThe thyroid gland needs iodine to produce T3 and T4 hormones. When iodine supply drops even slightly below what the gland requires, it compensates by enlarging, a condition called goitre, or by slowing hormone output without enlarging at all. That second pattern, subclinical…

Times Life

Global Market Today: Asian equities decline as chip selloff extends

Asian stock markets witnessed a downturn as semiconductor shares plummeted sharply. The rise in bond yields and escalating oil prices contributed to a bearish market sentiment. Investors pulled away from growth stocks, driven by concerns over inflation and mounting debts. Additionally, geopolitical unrest heightened market pressures, with the ongoing tensions…

The Economic Times

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The Economic Times

D-St set for a cautious opening as GIFT Nifty signals muted start

The Nifty index continued its decline for a sixth consecutive session this week. Elevated crude oil prices and global tensions are impacting market sentiment negatively. Analysts anticipate continued pressure on Indian equities in the immediate future. Foreign and domestic institutional investors showed net buying activity on Tuesday. The Indian rupee…

The Economic Times

Stocks in news: ONGC, BPCL, RailTel Corporation, Exide Industries and Lohia Corp

The Indian stock market experienced a downward trend for the sixth consecutive session on Tuesday, influenced by rising oil prices and soaring global bond yields. Key companies like ONGC and BPCL will attract attention due to recent corporate developments. More newsworthy, RailTel Corporation and Compucom Software have landed significant contracts…

France 24

Trump says no Iran talks planned as UAE suspends trade with Tehran

US President Donald Trump said Tuesday no talks with Iran were planned and insisted the Strait of Hormuz remained open despite reduced shipping traffic. Oman and Iran neared a deal on the waterway as a projectile struck a vessel, while the UAE said two Iranian ballistic missiles landed in or…

Barchart

Cotton Closes Tuesday with Mostly Steady Trade

Cotton futures posted mixed trade on the Tuesday session, with contracts down 35 points to as much as 25 points higher at the close. Crude oil was up $0.6477 with the US dollar index $0.011 higher. Crop Progress data from Monday showed condition ratings were pegged at 38% good/excellent, down...

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The Economic Times

In 1983, Delaware’s former tanker was built for a life at sea carrying oil. 43 years later, the vessel was deliberately sunk off Delaware’s coast, beginning a second life as an artificial reef for marine species

The Calcasieu Pass vessel, constructed in 1982 for oil operations, has made a remarkable transition to become a key component of Delaware's artificial reef ecosystem. Initially serving in the menhaden fishing fleet, this vessel's end-of-life has been embraced through a thoughtful conversion process, funded federally.

Barchart

Stocks Finish Lower as Chipmakers and AI Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.69% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.68%. E-mini S&P futures (ESU26 ) fell -0.69%, and September E-mini...

The Economic Times

US stocks: Tech selloff weighs down Wall Street as bond yields climb

Wall Street faced a downturn as escalating tensions in the Middle East triggered a surge in bond yields. A steep decline was particularly evident in technology stocks, with semiconductors taking the brunt of the losses. Investors pivoted from growth-focused sectors to safer bets like healthcare. Additionally, oil prices rose amidst…

Barchart

Dollar Edges Higher as Stocks Slide

The dollar index (DXY00 ) rose by +0.10% on Tuesday. The weakness in stocks on Tuesday increased demand for dollar liquidity. Also, Tuesday’s rally in WTI crude oil to a 3-week high boosted inflation expectations and could prompt the Fed to tighten monetary policy, a positive factor for the dollar....

Barchart

Crude Prices Gain on Reduced Middle Eastern Oil Supplies

September WTI crude oil (CLU26) closed up +0.44 (+0.52%) on Tuesday, and September RBOB gasoline (RBU26) closed up +0.0316 (+0.97%). Crude oil and gasoline prices extended Monday’s sharp rally on Tuesday and posted 3-week highs as the US and Iran remain deadlocked over control of the Strait of Hormuz, limiting...

The National (Scotland)

Nicola Sturgeon urges politicians to have 'courage' to stand by climate commitments

NICOLA Sturgeon has called on politicians to have “courage” on climate change policy, saying she does not believe there should be new wells…

Benzinga

Trump’s Hormuz Shock Sends Oil Above $85: 3 ETFs Poised for the Next Energy Rally

With the U.S.-Iran war dragging on and disrupting oil logistics in the Strait of Hormuz, the broader energy sector is among 2026’s top-performing market sectors, up about 40% year to date. U.S. crude prices are climbing above $85 a barrel, and energy ETFs are emerging as a key area for…

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