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The Latest Breaking News from Oil

Saudi Aramco Profit Drops For 10th Straight Quarter

Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit revenues, putting more pressure on the key driver of the Saudi economy.

International Business Times

India Says 'Revealing' That US Is Trading With Russia After Trump Accuses New Delhi Of Reselling Oil For 'Big Profits'

India on Tuesday charged that it is being "targeted" by the United States and the European Union over its Russian oil purchases after President Donald Trump warned he will "substantially" raise tariffs on Indian goods.

Benzinga

BP reveals plans for group-wide costs and business review as profits fall

The oil giant has been under pressure from shareholders to boost profits and cut costs.

Evening Standard

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FTSE 100 Live 05 August: BP and Diageo results cheer, Domino’s Pizza shares slide

Results-day cheer for under-pressure BP and Diageo today helped the FTSE 100 index in a session when the value of Smith Nephew surged by 15%.

Evening Standard

India calls Trump’s tariff threat over Russian oil purchases ‘unjustified’

New Delhi lambasts US and EU saying ‘very nations criticising India are themselves indulging in trade with Russia’

The Independent UK

Asian shares track rally on Wall Street that won back most of Friday's wipeout

Asian shares have followed U.S. stocks higher after they won back most of their sharp loss from last week

The Independent UK

4 no-oven recipes to keep your kitchen cool during the UK heatwave

With temperatures set to hit 37C, skip the oven and try these easy summer recipes using just a hob or microwave

The Independent UK

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Trump Says India Selling Russian Oil For 'Big Profits' In Open Markets, Threatens To 'Substantially' Raise Tariff

President Donald Trump renewed threats on Monday to impose substantial tariffs on India over its continued purchases of Russian oil, accusing the nation of profiting from the Ukraine conflict while disregarding casualties.

Benzinga

Ukraine war briefing: Netherlands to buy €500m of US arms for Kyiv in first for new Nato supply line

Government says Patriot parts and missiles included while Nato chief expects announcements from other alliance countries soon. What we know on day 1,259

The Guardian - AU

Soybean Bulls Gain Ground on Meal Strength

Soybean futures rounded out the Monday session with contracts 5 to 7 ¼ cents in the green. The cmdtyView national average Cash Bean price was up 5 3/4 cents at $9.37 ½. Soymeal futures posted Monday gains of $1.90 to $6.30/ton. Soy Oil futures were mixed, with futures down 22...

Barchart

Cotton Bulls Battle Back on Monday

Cotton futures closed the Monday session with bulls battling back, as futures were up 14 to 29 points. The US dollar index was back down $0.410 to $98.520, as crude oil futures were another $1.09/barrel lower. OPEC+ announced another production hike of 547,000 barrels per day in September. The weekly...

Barchart

The best bug sprays to keep mosquitoes and other insects at bay, tried and tested

These DEET, citriodiol, and picaridin formulas will help you avoid mosquito and tick bites this summer

The Independent UK

The diet doctors regard as one of the healthiest

The Mediterranean diet is recommended by doctors for a reason

The Independent UK

Global Oil Glut Concerns Weigh on Crude Prices

September WTI crude oil (CLU25 ) Monday closed down -1.04 (-1.54%), and September RBOB gasoline (RBU25 ) closed down -0.0164 (-0.77%). Crude oil and gasoline prices settled lower on Monday after OPEC+ on Sunday raised its crude production levels, stoking fears of a global supply glut. Crude prices recovered from...

Barchart

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Barchart

Cotton Posting Monday Pop Higher

Cotton futures are up 22 to 28 points a midday. The US dollar index was back down $0.375 to $98.545, as crude oil futures are another $1/barrel lower. OPEC+ announced another production hike of 547,000 barrels per day in September. CFTC data showed spec funds in cotton futures and options...

Benzinga

Crude Oil Falls 1.5%; ON Semiconductor Shares Plunge After Q2 Results

U.S. stocks traded higher midway through trading, with the SP 500 gaining more than 1% on Monday.

Capital & Main

The Oil Wells Near the Denver Suburbs Worried Her. The Health Risk Alarmed Her Even More.

Recently retired Colorado scientist Lisa McKenzie chased the link between fracking and adverse birth outcomes, cancer and cardiovascular disease.

Al Jazeera

Trump pledges to ‘substantially’ raise US tariffs on India over Russian oil

India rejects criticism of its business dealings with Russia as ‘unreasonable’, vowing to safeguard its own interests.

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The Guardian - UK

Trump’s demand that India stop buying Russian oil puts Modi in tight spot

Prime minister faces a choice between high tariffs or giving up cheap oil, putting New Delhi’s non-alignment policy under severe strain

The Independent UK

In Ecuador, environmentalists worry Noboa is unwinding nation's green reputation

Recent moves in Ecuador have environmental interests concerned that the South American nation is unwinding some of the basis for its green reputation

Homes & Gardens

'Breathing them in is not a good idea' – 7 things to never put in your humidifier, from tap water to perfume

HVAC pros warn that these liquids could seriously damage your machine

Evening Standard

Lloyds leads FTSE 100 up as European stocks rally

The FTSE 100 index closed up 59.72 points, 0.7%, at 9,128.30.

Barchart

Crude Prices Slip After OPEC+ Raises Crude Production Levels

September WTI crude oil (CLU25 ) today is down -0.62 (-0.92%), and September RBOB gasoline (RBU25 ) is down -0.0064 (-0.30%). Crude oil and gasoline prices today are moving lower after OPEC+ on Sunday raised its crude production levels, stoking fears of a global supply glut. Crude prices recovered from...

The Independent UK

Energy giant discovers its largest oil and gas field in 25 years

IN FULL

The Guardian - AU

Frying solo? 20 pantry, fridge and freezer essentials for single households

Olives, chickpeas and dukkah are a few of the basic ingredients writer and former caterer Elizabeth Quinn keeps on hand. Here she shares quick recipes for eating solo

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