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The Latest Breaking News from Oil

Meet Cassandra Lin, who started turning restaurant grease into heating fuel as an 11-year-old in 2008, eventually helping deliver about 21,000 gallons of BioHeat to 210 homes

Cassandra Lin spearheaded an innovative initiative, TGIF, which successfully converted waste cooking oil into sustainable heating fuel. Collecting over 130,000 gallons of used oil, her project provided warmth for 210 homes statewide. Moreover, TGIF played a crucial role in educating communities about the significance of renewable energy, showcasing the powerful…

The Times of India

40 Vintage Artworks Featuring Cats That Show How Timeless Our Love For Them Really Is

The Facebook page 'Cats In Art' celebrates this fascinating connection by curating paintings featuring felines from different artistic movements and time periods. Rather than focusing on a single artist or style, the page brings together everything from classical oil paintings to modern illustrations, showing how cats have remained a timeless…

Bored Panda

Ukraine strikes Russian oil refinery over 1,300km behind frontline, says Zelensky

Ukrainian President says Ukraine has hit two more oil facilities deep inside Russia

The Independent UK

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RBI policy-led India bond rally continues; Friday's debt sale in focus

Indian government bonds saw a slight increase early Thursday, continuing Wednesday's strong rally. The Reserve Bank of India's dovish stance and falling oil prices supported this upward movement. Investors remain cautious, however, as New Delhi prepares for a significant bond auction on Friday. This auction will test market demand and…

The Economic Times

Ceuta residents ‘sad, helpless, anxious’ as up to 5,000 migrants remain in the city, president says – as it happened

Juan Jesús Vivas has been briefing EU lawmakers on the ‘humanitarian emergency’ and says updated death toll now lies at least 100 people

The Guardian - UK

When is your home loan EMI increasing? RBI rate hike calls pushed back after dovish pause

Economists now anticipate the Reserve Bank of India will raise rates in December or later. This shift occurs as core inflation remains low, contrary to earlier expectations. The central bank maintained its current rates and lowered inflation forecasts for this fiscal year. Overnight indexed swap rates also signal fewer rate…

The Economic Times

Fortune maker AWL piles up edible oil stocks as Middle East, Ukraine wars rattle supply chains: CEO Shrikant Kanhere

AWL Agri Business is increasing edible oil inventories to counter supply chain disruptions. The company has boosted its stock cover to forty-five days from thirty-five days. This strategy mirrors actions taken during the COVID-19 pandemic to ensure supply. Global shipping disruptions are prompting businesses to reassess their sourcing and logistics.…

The Economic Times

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Iran Seeks 5%-7% Strait of Hormuz Toll, Oman Backs 3% as Officials Deny Trump Deal Is Imminent: Report (UPDATED)

Editor’s note: The story has been update to include a comment from a White House spokesperson.

Benzinga

Gold prices jump Rs 6,400/10 grams in 3 days, silver soars Rs 11,000/kg as oil slide continues. Big rally ahead?

Gold and silver prices rose for the third straight session on MCX, helped by a weaker US dollar, lower Treasury yields and easing oil prices amid hopes of the Strait of Hormuz reopening. Silver gained Rs 228 to Rs 2,27,812/kg, while gold rose Rs 757 to Rs 1,49,250/10g. Over three…

The Economic Times

Asian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street

Asian shares are mostly lower and South Korea's Kospi dropped more than 4% following declines for some Big Tech giants on Wall Street

The Independent UK

European stocks hit record highs: The 10 best performers of 2026

The STOXX Europe 600 has reached record highs. Meet the 10 best-performing European stocks of 2026 and what is fuelling their gains.

Euronews

Global Market: Japan's Nikkei slips 2% as tech selloff offsets gains in broader market

Japan's Nikkei 225 fell nearly 2% on Thursday as a global technology selloff weighed on heavyweight semiconductor stocks, overshadowing gains across much of the broader market. While weakness in AI-linked shares dragged the benchmark lower, lower crude oil prices and strength in non-technology sectors helped limit losses in the broader…

The Economic Times

Russian ‘shadow fleet’ tanker leaks oil off Oman coast, NGOs raise alarm

An Omani nature reserve faces an environmental catastrophe from an oil leak. A Russian shadow fleet tanker is reportedly leaking oil across hundreds of square kilometers. The vessel experienced explosions, and its poor condition raises spill risks. This incident threatens marine life, including endangered sea turtles and whales. Timely intervention…

The Economic Times

Iran says Hormuz deal with Oman in final stage as Trump signals breakthrough

Iran on Wednesday said an agreement with Oman over the Strait of Hormuz was in its final stages as US President Donald Trump suggested a deal could be announced within days, raising hopes for the easing of a blockade that has disrupted global shipping and fuelled months of conflict.

France 24

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The Economic Times

Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?

Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-Iran peace treaty, which could enable access to the key Strait of Hormuz. While experts expect oil prices to stabilize with an uptick in supply, ongoing disruptions in essential shipping routes present…

Latin Times

Trump Slams Chevron and Exxon Over Profits, But The Real Math Tells a Different Story

Trump slammed Chevron and ExxonMobil for wartime profits and claimed a 12x earnings jump — the real gains were closer to 4x and 2x.

The Economic Times

Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal

Oil prices fell as markets reacted to ongoing discussions between Iran and Oman. The negotiations could pave the way for a peace agreement between the United States and Iran, potentially reopening the critical Strait of Hormuz. Reports suggest progress towards a deal that would allow Iran to oversee shipping operations,…

Times Life

The Exfoliation Mistake Indian Women Make That Quietly Damages the Skin Barrier

Why the skin barrier keeps failing despite a full routineThe skin barrier is not a metaphor. It is a physical structure: a tightly packed layer of dead skin cells held together by lipids, ceramides, fatty acids, cholesterol, that sit between your skin and everything outside it. When that layer is…

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Times Life

Indian Women Are Over-Cleansing Their Skin and Damaging Their Moisture Barrier Without Knowing It

The tightness you feel is damage, not cleanlinessThat squeaky-clean feeling after washing your face is your skin's acid mantle in distress. The acid mantle is a thin, slightly acidic film, pH between 4.5 and 5.5, that sits on the surface of healthy skin and keeps bacteria out and moisture in.…

Bangkok Post

Environmental disaster looms as tanker leaks off Oman

DUBAI - Oman is facing an impending environmental catastrophe as an alleged Russian shadow fleet tanker leaks oil across hundreds of square kilometres near a nature reserve, NGOs warn.

The Economic Times

Global Market Today: Asian stocks drop as AI rally pauses, oil dips

Asian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell slightly after Iran and Oman reached a new agreement regarding the Strait of Hormuz. Meanwhile, Sandisk and Western Digital faced significant declines following disappointing earnings reports. As…

The Economic Times

Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back down

Iran and Oman are finalizing an agreement concerning the Strait of Hormuz. This potential deal could reopen the vital waterway and ease global economic pressures. U.S. President Donald Trump indicated a deal might be announced this week. Attacks on regional shipping continue, impacting oil prices and trade routes. Meanwhile, a…

The Economic Times

Stocks in news: PB Fintech, LIC, Trent, Ola Electric, and Cipla

In a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat close. PB Fintech enjoyed a substantial rise in profits thanks to robust growth in insurance premiums. ONGC is also gearing up to ink deals with Venezuela for managing oil blocks. Simultaneously, Ola Electric…

Bangkok Post

Call for end to diesel export ban as refineries struggle

The Federation of Thai Industries (FTI) has called on the government to relax its ban on diesel exports, arguing that months of stringent curbs on refined oil shipments, imposed to cushion the fallout from war in the Middle East, are weighing heavily on the sector.

Evening Standard

Some ‘high strength’ omega-3 supplements contain ‘surprisingly low’ amounts

Which? nutrition experts assessed 24 omega-3 supplements against the Scientific Advisory Committee on Nutrition guidance.

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