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The Latest Breaking News from Oil

UK oil firm Wood Group could leave London listing as it moves closer to takeover

FTSE 250 company, which employs 35,000 people, further extends deadline for Sidara to make firm takeover offer

The Guardian - UK

Gold, Silver And Oil Miners Stock On Fire: Top 4 Growth Picks

Commodity stocks look all ready for a breakout, seeing the biggest spikes in their Growth scores in Benzinga’s Edge Stock Rankings over the past week.

Benzinga

Ixta Belfrage’s recipes for charutos with spicy tomato broth, and guava, curry and chilli meatballs

Flavours of Brazil combine with Lebanese and Italian influences in these deliciously untraditional dishes

The Guardian - UK

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Indian Readies For Punishing US Tariffs

Indian exports to the United States will face some of the highest tariffs in the world this week, barring a last-minute reversal from President Donald Trump.

International Business Times

Cotton Falls Back on Monday, with Conditions Slipping After the Close

Cotton futures were back down 44 to 63 points across the nearby contracts on Monday. The outside markets provided mixed factors, as the US dollar index was back up $0.746 on the day to $98.345, with crude oil futures $1.10 higher. NASS reported the US cotton crop at 71% setting...

Barchart

Soybeans Face Monday Pressure

Soybeans posted losses of 9 to 11 cents across most contracts on Monday. The cmdtyView national average Cash Bean price was down 11 cents at $9.77. Soymeal futures were mixed, with contracts down $2 to 70 cents higher. Soy Oil futures were down 18 to 53 points. Crop Progress data...

Barchart

Disaster at Sea: The Piper Alpha Story review – this oil rig horror is up there with Chornobyl

Shocking and superb, this documentary is packed with terrifying details of the notorious 1988 catastrophe, from the fire that could be seen from 120 miles away to the squashed tomatoes

The Guardian - UK

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Crude Prices Settle Sharply Higher on Geopolitical Risks and Possible Fed Rate Cut

October WTI crude oil (CLV25 ) on Monday closed up +1.14 (+1.79%), and October RBOB gasoline (RBV25 ) closed down -0.0021 (-0.11%). Crude oil and gasoline prices on Monday settled mixed, with crude posting a 2.5-week high. Crude oil prices have support from doubts about negotiations for an end to...

Barchart

Crude Oil Surges 2%; Chicago Fed National Activity Index Edges Lower in July

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 250 points on Monday.

Benzinga

Nvidia Rises, Wall Street Pauses As Oil Prices Jump To $65: What's Moving Markets Monday?

Nvidia Corp. (NASDAQ:NVDA) is up 2% in midday trading Monday, moving within striking distance of its all-time high—now less than 2 percentage points away—as investors remain upbeat ahead of the company's highly anticipated earnings release this week.

Benzinga

Death toll from Israeli air strikes on Yemen's capital rises to 10, authorities say

The Israeli strikes hit a facility owned by Yemen’s main oil company along with a power plant and a military site in an area where the presidential palace is located, according to the Houthis and Israel's military.

Euronews

Soybeans Falling Back on Monday

Soybeans are trading with 9 to 10 ½ cent losses across most contracts on Monday. The cmdtyView national average Cash Bean price is down 10 ½ cents at $9.77 ½. Soymeal futures are mixed, with nearby September down $1.20 and October up $1.20. Soy Oil futures are down 42 to...

Barchart

Cotton Facing Losses on Monday

Cotton futures are falling back 25 to 45 points across most contracts on Monday. The outside markets are mixed, as the US dollar index is back up $0.466 on the day to $98.065, with crude oil futures $1.40 higher. Commitment of Traders data showed just 766 contracts trimmed from the...

Barchart

Weakening Russia's war machine: Why Kyiv is targeting Moscow's energy sector

Hungary has complained about Ukraine's strategy of targeting Russia's energy sector. But how has Kyiv intensified its attacks on the primary source of financing of Moscow’s war machine, and why is it working?

Euronews

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Barchart

Crude Prices Supported by Geopolitical Risks and Possible Fed Rate Cut

October WTI crude oil (CLV25 ) today is up +0.98 (+1.54%), and October RBOB gasoline (RBV25 ) is up +0.0083 (+0.42%). Crude oil and gasoline prices are moving higher today, with crude posting a 2.5-week high and gasoline posting a 3-week high. Crude oil prices have support from doubts about...

Benzinga

Crescent Energy To Absorb Vital In $3.1 Billion All-Stock Transaction

Crescent Energy Co. (NYSE:CRGY) will acquire Vital Energy Inc. (NYSE:VTLE) in an all-stock merger valued at about $3.1 billion, including debt, the companies said Monday. The deal will create one of the 10 largest independent U.S. oil and gas producers with operations across the Eagle Ford, Permian, and Uinta basins.

Bored Panda

90 Random Creepy Facts And Pictures To Deprive Somebody Of Sleep

Two climate activists in their early 20s were sentenced to prison by a London court for throwing soup over Vincent Van Gogh’s “Sunflowers” painting during a protest against fossil fuels. Phoebe Plummer, 23, and Anna Holland, 22, from the protest group Just Stop Oil were imprisoned for two years, and…

The Independent UK

Voices: It’s time for Starmer to expose Farage’s snake oil on immigration

COMMENT: Nigel Farage and Reform UK have gone conveniently silent on Brexit while decrying small boats and asylum seekers – Keir Starmer needs to take significant measures to expose the reality of what they’re selling, while convincing the public that Labour is on course to do better, writes Andrew Grice

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Euronews

Hungary and Slovakia in spat with Ukraine over bombed Druzhba oil pipeline

In a comment on Sunday, Zelenskyy indicated that the future of the pipeline could depend on Hungary's behaviour. Budapest said Kyiv harms its sovereignty, and Slovakia warned Ukraine might be left without fuel, if the attacks continue.

inkl

The Hidden Dangers of Offshore Oil Rigs: What Workers and Families Need to Know After an Accident

Offshore oil rigs carry incredible risks. Explosions, equipment failures, and falls make it one of the most dangerous jobs.

The Guardian - UK

TV tonight: Piper Alpha revisited – the world’s deadliest offshore oil disaster

A three-part investigation into the explosion that killed 167 men in 1988. Plus: the return of Stacey Dooley Sleeps Over. Here’s what to watch this evening

Euronews

Can lab-grown oils offer a sustainable alternative to ingredients linked to deforestation?

Traditional palm and cocoa butter supply chains can take months. SMEY’s lab-grown oils cut that down to only 30 days.

AAP

Santos extends deadline for $36b takeover for 2nd time

Santos has granted the Abu Dhabi National Oil Company and investment group Carlyle a second extension to firm up its $36 billion tentative takeover offer.

The Guardian - UK

‘We cannot do it the way our fathers did’: farmers across Europe struggle to adapt to the climate crisis

As wildfires rage in southern Europe and crop losses only set to increase in the coming years, producers are getting creative to beat the heat

Fortune

U.S. shale oil boom transforms from money treadmill into cash cow, Chevron president says

Chevron slows down in the booming Permian as it looks to international growth.

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