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The Latest Breaking News from Oil

Oil Prices Rise Slightly Amid Economic Concerns And Weak Demand

Oil prices rise slightly amid concerns of US recession and weak demand, overshadowing Middle East tensions.

Top News

Crude Prices Rebound with a Recovery in Asset Markets

Sep WTI crude oil (CLU24 ) today is up +0.23 (+0.32%), and Sep RBOB gasoline (RBU24 ) is up +0.60 (+0.26%). Crude oil and gasoline prices today are mildly higher. Today's rebound in US equity markets sparked risk-on sentiment that boosted most asset markets. Also, reduced oil supplies from Libya...

Barchart

Oilfield slowdown exposes political volatility in Libya and beyond

Apparent shutdown attempt shows potential for some leaders to use such threats to enforce personal agenda

The Guardian - UK

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Aramco Reports .3 Billion Profits Amid Global Economic Concerns

Aramco's .3B profit, optimistic about future demand, plans dividends, and holds strong market value in the oil industry.

Top News

Saudi Aramco to pay record dividends despite dip in profits

World’s biggest oil company will pay shareholders, including Saudi state, quarterly dividend of $31bn

The Guardian - UK

Oklahoma’s Oil Industry Touts a Voluntary Fund to Clean Up Oil Wells. Major Drillers Want Their Contributions Refunded.

Oklahoma’s oil industry pays into a voluntary fund to clean up oil wells, but many drillers opt out. The money that has been refunded to these companies in recent years could have restored an estimated 1,500 orphan well sites.

Capital & Main

I finally bought my first air fryer — 5 ways it’s changed how I cook

I was reluctant to invest in an air fryer, but within a short time it’s been a real gamer-changer in the kitchen. Here are 5 reasons why I’d recommend buying an air fryer.

Tom’s Guide

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Saudi Aramco Q2 Profit Dips 3% As Output Stays Low

Saudi oil giant Aramco on Tuesday reported net income of $29.07 billion in the second quarter, a slight drop from the same period last year as output remained subdued.

International Business Times

Saudi Arabia's Aramco reports lower half-year profits as economic worries dampen energy prices

Saudi oil giant Aramco has reported half-year profits of $56.3 billion, down from the year before due to weakening volumes sold amid worries about the global economy

The Independent UK

60 Cheap Things With Over 4.5 Stars on Amazon That Are Clever As Hell

If you don’t spend your free time wandering the aisles of specialty stores, here's a list of 60 cheap things with over 4.5 stars on Amazon that are clever as hell.

Inverse

Crude Oil Post Moderate Losses on Reduced Demand for Risk Assets

Sep WTI crude oil (CLU24 ) on Monday closed down -0.58 (-0.79%), and Sep RBOB gasoline (RBU24 ) closed up +1.60 (+0.69%). Crude oil and gasoline prices Monday were under pressure, as crude posted a 6-month nearest-futures low and gasoline posted a 5-month low. Monday's slump in global equity markets...

Barchart

3 High-Upside Energy Stocks Based on Analyst Price Targets

With robust demand and supply expectations, geopolitical instability and extended OPEC+ production cuts have positioned the oil and gas market for strong growth. Hence, quality energy stocks Marathon Oil (MRO), Cenovus Energy (CVE), and Energy Transfer (ET) with solid upside could be ideal investment choices. Read more.

StockNews.com

Oil Prices Fall On US Recession And Weak Chinese Demand

Oil prices drop on US recession fears and China demand worries. Concerns over Israel-Hamas conflict escalation also weigh on market.

Top News

Best pistachio cream spreads, taste tested

Go nuts

Evening Standard

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Barchart

Crude Prices Under Pressure on Risk Asset Aversion

Sep WTI crude oil (CLU24 ) today is down -0.66 (-0.90%), and Sep RBOB gasoline (RBU24 ) is down -0.91 (-0.39%). Crude oil and gasoline prices today are under pressure, with crude posting a 6-month nearest-futures low and gasoline posting a 5-month low. Today's slump in global equity markets has...

Barchart

Is Wall Street Bullish or Bearish on APA Corporation Stock?

APA Corporation has underperformed the broader market over the past year, and Wall Street analysts are cautious about the stock’s prospects.

Barchart

3 Energy Dividend Stocks to Buy This August

Explore three top energy dividend stocks that offer attractive yields and growth potential, making them ideal buys for August.

Top News

Oil Prices Fall As Global Economy Concerns Rise

Oil prices dropped due to global economic concerns and potential recession fears, despite Middle East tensions. Learn more about the factors affecting oil ...

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news in one place.

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The Guardian - UK

Wood Group suitor pulls out of takeover, blaming market turmoil

Shares in FTSE 250 company slump 37% in early trading after Dubai-based Sidara cites geopolitical risk

Top News

Republicans Criticize Biden Administration's Oil Purchase For SPR

The Biden administration's recent oil purchase for the Strategic Petroleum Reserve has sparked debate among lawmakers over its implications and strategic i...

The Guardian - AU

EPA deals ‘major blow’ to Woodside’s multibillion-dollar gas drilling plan at Browse basin

Scientists flagged risks to migrating whales, a beach where endangered turtles make nests and potential oil spill destroying a pristine environment

Mic

Weird things you didn't know about that make you look better in under 5 mins

These unusually clever items boost your appearance instantly, from serums that brighten and smooth to tools that help jewelry and clothing fit better.

Woman & Home

This clarifying haircare ingredient is a must-use for those with an oily scalp

Known for its clarifying and decongesting benefits, Apple Cider Vinegar is a sought-after ingredient if you struggle with an oily scalp...

Woman & Home

This is the most effective time to fit in tricky cuticle oil application

Struggling to stay consistent with your cuticle oil? Our beauty team all swear by this simple application routine...

Evening Standard

Ukraine claims attack sunk Russian submarine in wider assault on its invaders

Russia has not commented on the reported attack

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