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The Latest Breaking News from Oil

Is Occidental Petroleum Stock Outperforming the S&P 500?

Occidental Petroleum has outperformed the S&P 500 over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

Cotton Slipping Lower on Thursday Morning

Cotton prices are down 30 to 60 points in early Thursday trade. Futures posted weakness in the front months of 3 to 31 points, with deferred contracts steady to 26 points higher on Wednesday. The US dollar index was up $0.301 at $99.785. Crude Oil was another $2.44 higher to...

Barchart

There is no energy transition — only addition, experts say at Baku Energy Week

Grid infrastructure emerged as the forum's defining bottleneck on the last day of Baku Energy Week, as the IGU's chief of staff said that global consumption of oil, gas, coal and renewables is rising simultaneously, directly challenging the conventional narrative.

Euronews

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Oil prices fall, Wall Street mixed after record-breaking S&P rally runs out of steam

Oil prices fell and U.S. markets were mixed a day after declines on Wall Street snapped a nine-day winning streak for the S&P 500

AAP

Fury Boils Over Among Russia's Elite as Putin Pushes Ukraine War Into Its Fifth Year

Influential Russian figures are increasingly questioning the Kremlin's Ukraine war strategy, highlighting internal divisions and calls for a pragmatic approach amid ongoing military escalation.

International Business Times UK

India considers spending curbs to protect fiscal deficit target

India's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals. Officials are looking at trimming allocations in areas like water resources and loans to states. Capital expenditure and defense spending are unlikely to be reduced.

The Economic Times

20 Cooking Myths Even Good Cooks Believe (That Ruin Dishes)

Debunk 20 common cooking myths ruining your dishes. From searing steak to pasta water, discover the kitchen truths every home cook should know.

Bored Panda

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Lebanon ceasefire raises hopes of progress for Iran deal

Israel and Lebanon have agreed to a ceasefire brokered by the United States. This development offers hope for de-escalation in the ongoing conflict with Iran. Recent days saw intense fighting, including strikes on Kuwait and exchanges in the Gulf. Oil prices reacted to the potential for diplomatic progress. President Trump…

The Economic Times

The Global Fuel Crisis May Be Coming for Your Beauty Routine

Your favourite products could become more expensive and harder to purchase. Here, we speak to beauty industry experts on the potential impacts of today's geopolitical landscape.

Marie Claire

Average Generation Jones Net Worth: Still Striking Back at the Empire

Generation Jones came of age during rising inflation and an oil crisis, so it's back in the cockpit for these digital pioneers as they navigate retirement.

Kiplinger

5 tips for grilling in your apartment without triggering the smoke alarm

Want to grill in your apartment without setting off the fire alarm? Here are five tips for smoke-free indoor grilling.

Tom’s Guide

India's Modi meets Delcy Rodriguez as India expands Venezuela oil imports

Indian Prime Minister Narendra Modi has held talks with Venezuela’s acting President Delcy Rodriguez

The Independent UK

Dollar at two-month high as Gulf hostilities flare, yen near intervention zone

Although Israel and ⁠Lebanon ⁠agreed to a ceasefire, a broader peace deal remained elusive, keeping oil prices elevated and supporting demand for the safe-haven dollar.

The Economic Times

India, Venezuela eye energy partnership as Acting President Delcy Rodriguez wraps up New Delhi visit

India and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodriguez visited India for talks with Prime Minister Narendra Modi. The visit aims to explore energy sector collaboration. India is a major energy consumer and Venezuela holds vast oil reserves. This engagement signals…

The Economic Times

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MyLifeXP

Electric Cars vs Petrol Cars: Which Saves More Money in 2026?

The automotive industry is changing rapidly, and electric cars are no longer a rare sight on the roads. With more manufacturers introducing electric models and governments encouraging cleaner transportation, many car buyers are asking the same question: Do electric cars actually save more money than petrol cars? While electric vehicles…

Euronews

'It's not happening': EU loses hope in maritime services ban for Russian tankers

The EU is stuck with a ban on maritime services for Russian oil tankers. The closure of the Strait of Hormuz, the silence of G7 allies and the opposition of Greece and Malta have made any policy shift virtually impossible.

AAP

European shares climb and Asian shares retreat after US stocks pause their record-breaking rally

World shares are mixed after declines on Wall Street that snapped a nine-day winning streak for the S&P 500

The Economic Times

RBI MPC: A problem Shaktikanta Das had contained may be returning to haunt Sanjay Malhotra & Co

India's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progress. Policymakers are now considering a potential rate hike. This comes as the monsoon forecast also raises concerns about food prices. The RBI's focus shifts to managing inflation expectations amidst…

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The Economic Times

Avoid chasing IT rally, focus on power and steel plays: Neeraj Dewan

Market expert Neeraj Dewan advises selective investing amid volatility, favoring power, energy infrastructure, steel, aviation, commercial vehicles, FMCG, and select auto ancillaries. He remains cautious on IT due to weak guidance. Dewan sees opportunities in renewable energy and battery storage, and believes oil price stabilization will aid aviation stocks.

The Economic Times

Hero MotoCorp shares rise 3% as firm unveils India's first 100cc flex-fuel motorcycles. Check details

Hero MotoCorp shares gained 3%, after launching India's first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mobility and India's transition to cleaner fuels. These 100cc bikes are compatible with E20 to E85 ethanol blends, aiming to reduce carbon footprint and crude oil imports. The company plans a phased…

The Economic Times

Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market rebound

Indian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a strengthening rupee, and potential scrapping of capital gains tax on FPI investments in government securities boosted investor confidence. Broader markets also saw a sharp rebound, indicating positive sentiment despite recent…

The Economic Times

Maruti unveils India's first flex-fuel car: What is a flex fuel vehicle? How does it work? Will it cut your fuel bill? Here's all

Maruti Suzuki has introduced India's first flex-fuel passenger car. This technology allows vehicles to run on petrol or petrol-ethanol blends. It is seen as a significant step towards reducing crude oil imports. The move also aims to lower carbon emissions and enhance India's energy security. This innovation could unlock substantial…

The Economic Times

Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparency

The Indian government is set to introduce new rules for edible oil packaging. This move aims to standardize pack sizes, making it easier for consumers to compare prices. Manufacturers believe this will lead to fairer competition and better transparency. The initiative also focuses on sustainable packaging practices. Consumers will benefit…

The Economic Times

Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security

Maruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lower carbon emissions. The technology supports farmers and rural communities, linking agriculture with clean mobility. This initiative is a key step towards India's energy security and self-reliance. The…

The Economic Times

More oil escapes Hormuz, keeping traders guessing

Iran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is widespread. This makes it harder to gauge market flows. Oil on water in the Gulf has dropped. This shows outflows are inching higher. The market…

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