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The Latest Breaking News from Oil

Embattled BP beats on earnings as it touts selling oil, not cups of coffee, poking fun at its former CEO

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

Fortune

Soybean Fading Off Early Gains for Midday Losses

Soybeans are down 1 to 2 ¼ cents in most contracts so far on Tuesday, shrugging off the early Tuesday gains. The cmdtyView national average Cash Bean price is down 2 ¼ cents at $9.34 ¼. Soymeal futures a posting 10 cent losses in the front months. Soy Oil futures...

Barchart

Cotton Posting Tuesday Gains

Cotton futures are showing gains of 41 to 88 points so far on the Tuesday session. The US dollar index is back down $0.056 to $98.520, as crude oil futures are another $1.00/barrel lower. Cotton exports excluding linters during June totaled 1.008 million bales, a 22.03% improvement from last year...

Barchart

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Crude Prices Retreat on Energy Demand Concerns

September WTI crude oil (CLU25 ) today is down -0.93 (-1.40%), and September RBOB gasoline (RBU25 ) is down -0.0088 (-0.42%). Crude oil and gasoline prices are under pressure today, with crude falling to a 1-week low. Concerns about weakening energy demand are weighing on crude prices after the US...

Barchart

6 Brands That Quietly Use Substitute Ingredients Without Disclosure

In the world of food manufacturing, the ingredient list is where the truth is told. However, many brands use packaging and marketing that create a misleading impression of what is actually inside their product. They quietly use cheaper, substitute ingredients but design the label to make you think you are…

Grocery Coupon Guide

In oil-rich Angola, poverty, hunger and deadly unrest over fuel price hikes

Critics say most people in Africa’s third-largest oil-producing nation have not seen benefits from that natural wealth.

Al Jazeera

'End Indian H1-B Visas,' Says Marjorie Taylor Greene — Urges Trump To Stop Ukraine Weapons Funding

Rep. Marjorie Taylor Greene (R-Ga.) demands an end to Indian H-1B visas and U.S. military support to Ukraine, directly backing President Donald Trump's call to raise tariffs on India over its Russian oil trade.

Benzinga

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Cotton Showing Slight Gains on Tuesday

Cotton prices are up 6 to 9 cents so far on Tuesday. 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...

Barchart

India accuses US, EU of Russia trade double standards: Who is right?

India pushes back against sanctions, tariffs over its purchase of Russian oil, says West trades more with Moscow.

Al Jazeera

Dyson unveils third beauty launch this month – here’s all you need to know

We're being seriously spoilt

BP begins costs review as quarterly profits of £1.77bn beat forecast

Oil and gas group trying to fend off activist investors says it ‘can and will do better’ for its shareholders

The Guardian - UK

Tariff showdown shatters once robust populist alliance between Trump and Modi

Once allies during the populist wave launched in Trump's first term, the US president and Indian PM Narendra Modi are now on a collision course over tariffs and Washington’s warming ties with Pakistan.

Euronews

BP Maintains Outlook, Hikes Dividend And Rolls Out $750 Million Share Buyback

BP p.l.c. (NYSE:BP) reported better-than-expected earnings for the second quarter of 2025, although revenue came in below Wall Street expectations. The energy company posted adjusted earnings of 90 cents per American depositary share, topping the consensus estimate of 67 cents.

Benzinga

Oil Giant BP Surprises With Better Than Expected Earnings

Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and announced a fresh review of costs.

International Business Times

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Euronews

BP launches cost-cutting scheme despite beating profit expectations

The business review comes just a few months after BP said it would save $4bn to $5bn by the end of 2027, relative to 2023 costs.

The Independent UK

Who are the biggest buyers of Russian oil?

U.S. President Donald Trump is urging China and India to stop buying oil from Russia

International Business Times

Oil Giant BP Returns To Profit In Second Quarter

British energy group BP on Tuesday posted a net profit for the second quarter, in contrast to weaker results from energy rivals, as lower exceptional charges offset falling oil prices.

International Business Times

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.

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news in one place.

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Benzinga

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.

Evening Standard

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

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%.

The Independent UK

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

Benzinga

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.

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