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The Latest Breaking News from Oil

Crude Rallies on Dollar Weakness and Dovish Powell Comments

Oct WTI crude oil (CLV24 ) Friday closed up +1.82 (+2.49%), and Oct RBOB gasoline (RBV24 ) closed up +3.93 (+1.89%). Crude oil and gasoline prices settled sharply higher on Friday after the dollar index tumbled to a 13-month low. Crude oil prices also rallied Friday on comments from Fed...

Barchart

3 High-Beta Stocks for Aggressive Investors

High-Beta stocks, characterized by high risk levels, potential for high returns and growth, are favored by investors having high-risk tolerance and seeking high returns. Thus, quality high-beta stocks Devon Energy (DVN), Marathon Oil (MRO), and Tenet Healthcare (THC) could be ideal for aggressive investors. Continue reading.

StockNews.com

Fires break out on abandoned Greek-flagged oil tanker Sounion that Yemen rebels attacked in Red Sea

Fires have broken on a Greek-flagged oil tanker previously attacked by Yemen’s Houthi rebels this week

The Independent UK

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Weak Dollar and Powell Comments Push Crude Prices Higher

Oct WTI crude oil (CLV24 ) today is up +1.54 (+2.11%), and Oct RBOB gasoline (RBV24 ) is up +3.28 (+1.57%). Crude oil and gasoline prices today are trading higher on a slump in the dollar index to a 7-1/2 month low. Crude oil prices also rallied on Fed Chair...

Barchart

Senegal begins review of oil and gas contracts in bid to reclaim resources

Senegal has launched a major effort to reclaim control over its oil and gas resources, setting up a commission to review and renegotiate contracts with foreign companies that critics say have long favoured international interests over national ones.

Radio France Internationale

South Sudan’s long-delayed election will be a landmark moment − but economic decline and political strife put vote at risk

Elections are pivotal milestones in post-conflict countries – and nowhere is voter anticipation felt more keenly than in South Sudan, the world’s youngest nation.

The Conversation

How to make homemade bug repellent — 3 spray recipes to keep your yard pest-free

Learn how to make homemade bug repellent with these expert-approved recipes

Tom’s Guide

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How to sharpen secateurs – streamline your next pruning session

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Ideal Home

Houthi attack on tanker carrying 150,000 tonnes of oil poses environmental risk to Red Sea

Assault on Greece-flagged MV Sounion comes during monthslong campaign by Houthis targeting ships over Israel-Hamas war in Gaza Strip

The Independent UK

Trust me—if you want glowing skin this summer, you *need* to have these products on your radar

Spa-like luxury meets efficacious skincare

Marie Claire

Big polluters targeting esports industry with advertising deals, report reveals

Oil firms, petrostates, airlines and carmakers ‘doubling down’ on sector that is popular with young people

The Guardian - UK

Kamala Harris avoids getting specific on climate change — for now

Harris has backed away from past climate policies to avoid breaking with Biden. How long will that last?

The Independent UK

Crude Oil Prices Finish Higher on Short-Covering

Oct WTI crude oil (CLV24 ) Thursday closed up +1.08 (+1.50%), and Oct RBOB gasoline (RBV24 ) closed up +2.80 (+1.36%). Crude oil and gasoline prices posted moderate gains on Thursday as technical indicators showed crude prices were near oversold levels after falling to a 2-week low Wednesday. Crude also...

Barchart

Best handmade soaps in the UK: Sumptuous scent to elevate your everything shower

Natural lathers with beautiful scents and nourishing ingredients

Evening Standard

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Homes & Gardens

How to clean Birkenstocks in 7 simple steps, according to the pros

They're a summer staple, so clean your well loved- shoes properly with this expert-approved method

Top News

Greek-Flagged Oil Tanker Attacked In Red Sea Poses Hazard

Greek-flagged oil tanker attacked in the Red Sea, posing environmental threat. Crew rescued by EU naval forces.

Barchart

Crude Oil Prices Rise on Some Short Covering

Oct WTI crude oil (CLV24 ) today is up +1.09 (+1.52%), and Oct RBOB gasoline (RBV24 ) is up +2.13 (+1.04%). Crude oil and gasoline prices today are moderately higher as technical indicators showed crude prices were near oversold levels after falling to a 2-week low Wednesday. Crude also has...

The Texas Tribune

The oil industry is booming. This West Texas small business worries it’s been left behind.

Before the pandemic, Ben Bilbrey worked with some of the largest oil companies. Now he’s waiting for the phone to ring.

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TechRadar

Halliburton hit by cyberattack disrupting operations

Halliburton hit by a suspected cyberattack as IT issues plague the oil giant.

Cycling News

After a year of waxing my chains here’s why I’m going back to oil

Time consuming, rusting, and poor wet weather performance mean I’m turning back to drip lube

The Guardian - UK

Jail term for climate protester, 77, is disproportionate, says Carla Denyer

Green MP tells home secretary sending Just Stop Oil activist to prison is unjust and waste of resources

The Guardian - US

Environmental activists urge Kamala Harris to go big on climate: ‘She’s got to seize the moment’

With the largest US fossil fuel lobby group at the Democratic convention, some urge VP to prioritize crisis in her speech

Al Jazeera

Can India broker peace between Russia and Ukraine?

As Narendra Modi heads to Kyiv, some analysts say India could push the two sides towards talks – but it may not want to.

Top News

French Destroyer Rescues Mariners From Red Sea Attack

French destroyer rescues mariners from attacked oil tanker in Red Sea amid escalating tensions with Houthi rebels and Iran, prompting U.S. military deployment.

Fortune

Chinese oilfield was actually a chicken farm, German Shell whistleblower says

Dozens of carbon reduction schemes in China are alleged to be fake, leaving Germany with a potential $5 billion fraud case.

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