Oil Falls as OPEC+ Proceeds With September Output Hike
Summary OPEC+ to raise output by 547,000 bpd in September Healthy economy, low stocks support production hike, OPEC+ says India to keep buying Russian oil despite Trump threats, sources say…
Democrats Decry Extra US Scrutiny of Solar, Wind Projects on Public Lands
(Reuters) – Four Democratic U.S. senators on Friday slammed last month’s directive by Interior Secretary Doug Burgum requiring his office to review decisions on every wind and solar power project on federal…
India Will Buy Russian Oil Despite Trump’s Threats, NYT Reports
Indian officials have said they would keep purchasing oil from Russia despite the threat of penalties that U.S. President Donald Trump said he would impose, the New York Times reported…
Tesla Ordered by Florida Jury to Pay $243 Million in Fatal Autopilot Crash
Summary Verdict could lead to more lawsuits, experts say One died, one injured in Model S crash in 2019 Tesla to appeal, blames driver Tesla shares down 1.8% on Friday,…
US Drillers Cut Oil and Gas Rigs for Second Week, Baker Hughes Says
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes said…
Oil Falls $2 a Barrel on Worries About OPEC+ Supply, US Jobs Data
By Oil prices head for weekly gain US tariffs on dozens of countries take effect on August 1 Investors weigh impact from Trump threats over Russian oil HOUSTON, Aug 1…
Chevron Beats Wall Street Profit Estimates With Record Output
(Reuters) – Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped to offset the impact of lower crude prices.…
COMMENTARY: ‘Tariffs – Use This Version, Please’ – Stella Qiu
(Reuters) – A look at the day ahead in European and global markets from Stella Qiu: It is tariff deadline day and President Donald Trump delivered by slapping fresh levies…
How Moscow Might Respond if Trump Stops Russian Oil to India
(Reuters) – U.S. President Donald Trump’s demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt Moscow to retaliate by stopping a major U.S.-led oil…
Exxon Beats Profit Estimates With Higher Production Despite Weak Oil Prices
(Reuters) – Exxon Mobil, the United States’ biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset…
