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The Latest Breaking News from Oil

Markets Stutter After Rally, Oil Dips But Middle East Worries Linger

A string of supportive data in recent weeks and comments from top Federal Reserve officials have helped push equities higher in August after starting the month in turmoil on fears of a US recession.

Latin Times

British Cycling was warned about Shell partnership, letter reveals

Sponsorship from oil and gas giant was potentially damaging, BC told by UK Sport

Cycling Weekly

Markets Retreat After Rally, Oil Dips But Middle East Worries Linger

Asian markets slipped Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fuelled by bets on a US interest rate cut, while oil eased from a surge caused by Middle East tensions.

International Business Times

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Woodside profits slip as energy prices dip

Australia's largest oil and gas producer, Woodside, has reported lower profits due to falling energy prices but has made progress on key growth projects.

AAP

Crude Prices Rally on Middle East Supply Concerns

Oct WTI crude oil (CLV24 ) Monday closed up +2.59 (+3.46%), and Oct RBOB gasoline (RBV24 ) closed up +1.63 (+0.77%). Crude oil and gasoline prices Monday rallied sharply to 1-week highs. Oil prices moved higher on concern that an escalation of conflict in the Middle East could disrupt oil...

Barchart

3 Midstream Energy Stocks With Strong Dividend Yields

As the energy landscape evolves, the midstream industry is adapting by investing more in natural gas infrastructure. With the growing demand in the market, here are three dividend-paying stocks that could be valuable additions to your portfolio: Enterprise Products Partners (EPD), Western Midstream Partners (WES), and Plains All American Pipeline…

StockNews.com

ExxonMobil Expects Global Oil Demand Near Current Levels In 2050

Global oil demand is unlikely to fall by 2050 despite progress on renewable energy, the US oil and gas giant ExxonMobil said Monday, pointing to rising population and demand for energy worldwide.

International Business Times

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Best CBD pain relief creams for sore limbs

Tried-and-tested options to combat aches and pains

Evening Standard

Libya’s eastern government says oilfields closed over central bank spat

Rival governments have been fighting for days over the central bank’s leadership, threatening a UN-brokered peace deal.

Al Jazeera

Crude Rallies on Middle East Tensions and Libya's Call to Halt Crude Exports

Oct WTI crude oil (CLV24 ) today is closed up +2.28 (+3.05%), and Oct RBOB gasoline (RBV24 ) is up +3.48 (+1.65%). Crude oil and gasoline prices today rallied sharply to 1-week highs. Oil prices are higher on concern that an escalation of conflict in the Middle East disrupt oil...

Barchart

One lick is all it takes: can Dua Lipa conquer the world of ice-cream as well as pop?

The singer has already scooped up three Grammys and seven Brits. Now she’s branching out into frozen treats. But is the public ready for her olive oil and sea-salt sundae?

The Guardian - UK

Forget Oil, Here's One Commodity Setting Up for a Technical Bounce

Corn futures are setting up for a potential technical bounce, thanks to historical price support around the $3.50-$4 level. The Teucrium Corn Fund (CORN) offers a convenient way for investors to tap into this potential rebound, providing direct exposure to corn futures without the need for a futures account.

Barchart

Oil Prices High As Israel-Hezbollah Conflict Escalates

Oil prices rose on Monday after Israel's Air Force struck targets in Lebanon before the Iran-backed group fired more than 320 rockets into Israel.

Latin Times

Greek-Flagged Tanker Attacked By Yemen's Houthi Rebels In Red Sea

Houthi rebels target Greek tanker in Red Sea, causing damage but no major oil leak. International community vigilant in safeguarding maritime security.

Top News

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The Independent UK

Greek-flagged tanker is burning after Houthi attacks, but no sign of oil spill

A Greek-flagged tanker repeatedly attacked by Yemen’s Houthi rebels in the Red Sea remains ablaze but hasn’t sprung a major oil leak in the waterway

International Business Times

Oil Prices Higher As Israel-Hezbollah Conflict Escalates

Oil prices rose on Monday after Israel's Air Force struck targets in Lebanon before the Iran-backed group fired more than 320 rockets into Israel.

International Business Times

Intruders Try To Board Trinidad And Tobago Mystery Tanker

Coast guard officers in Trinidad and Tobago have fired on intruders who attempted to board the wreck of a mysterious oil tanker that capsized off the Caribbean country months ago, its energy ministry said Saturday.

Homes & Gardens

Why isn't my leaf blower working? 6 solutions to fix a gas leaf blower

It's incredibly frustrating when your leaf blower won't work – this is all you need to know to fix the six most common leaf blower problems

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The Guardian - UK

‘Nonna Caterina was right’: olive oil wastewater heralded as new superfood

The bitter-tasting and previously discarded by-product has been found to have many health-giving properties

The Independent UK

Houthi rebels release footage of Red Sea oil tanker explosion amid fears of ‘disastrous’ impact on marine life

The Greek-flagged Sounion tanker, drifting in the Red Sea with 150,000 metric tons of crude oil, represents a significant environmental risk

Guitar World

How to restring a bass guitar: step-by-step guidance on changing your bass strings, from a professional guitar repairer

Here’s my go-to process for changing the strings on a bass guitar – complete with pictures

AAP

UN chief rebukes New Zealand's fossil fuel plans

United Nations chief Antonio Guterres has continued his advocacy for climate action while on a two-day visit to New Zealand.

Top News

Greek Oil Tanker Suffers Fires After Houthi Attack

Fires on Greek oil tanker Sounion in Red Sea, possibly targeted by Yemen's Houthi rebels amid escalating tensions. Crew evacuated, vessel adrift with crude...

Barchart

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...

StockNews.com

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.

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