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News
Energy and commodity industry news collected daily by LIVERSE.
2026.08.07
Energy
USA Crude Oil Stocks Rise Week on Week
Crude oil stocks, not including the SPR, stood at 407.0 million barrels on July 31, the EIA's latest weekly petroleum status report showed.
Rigzone
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2026.08.07
Non-ferrous
India’s import dependence continues to be shaped by economic growth, manufacturing base: Govt to Parl
India imported goods worth $131.63 billion from China in FY26, accounting for nearly 17% of total merchandise imports, the government told Rajya Sabha. It said Chinese imports include critical minerals, intermediate goods, capital equipment and technologies r…
The Times of India
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2026.08.07
Energy
To lower gas prices, suspend the ethanol mandate
In a moment that surprised approximately no one, President Donald Trump recently complained that oil companies are making too much money, and they ought to give some of it back. Left unsaid, of course, is that oil companies are making money because of increas…
Freerepublic.com
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2026.08.07
Energy
ASX 200 Slips Slightly to Close Out Record-Setting Week as Materials, Tech Buck the Trend This Friday Session
The ASX 200 index closed slightly lower, with financials dragging down gains in energy and technology sectors, despite a record-setting week. Oil prices surged due to Iran's Strait of Hormuz proposal.
Ibtimes.com.au
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2026.08.07
Energy
July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
CNBC
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2026.08.07
Energy
US Senate Passes Russia Sanctions Bill Targeting Moscow's Energy Revenues
The US Senate on August 7 overwhelmingly approved legislation aimed at tightening economic pressure on Russia over its full-scale invasion of Ukraine, advancing a measure that could give President Donald Trump authority to impose tariffs of up to 100 percent …
Globalsecurity.org
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2026.08.07
Energy
World shares are mixed after US stocks fall back, while oil edges lower
Shares are mixed in Europe and Asia while oil prices gave up early gains to edge lower
Abcnews.com
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2026.08.07
Energy
Gaza Ceasefire Unravels as Regional Pressure on Israel Grows
Politics, Geopolitics & Conflict Eight Arab and Muslim countries have accused Israel of violating the Gaza ceasefire as Israeli strikes continue more than nine months after the U.S.-mediated “truce” took effect. Saudi Arabia, the UAE, Qatar, Egypt, Jordan, Tu…
OilPrice.com
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2026.08.07
Energy
Oil Prices Tumble as Traders Price In a Strait of Hormuz Breakthrough
September WTI crude oil futures are trading at $78.08 early Friday, down $8.72, or 10.05%, for the week. The market opened at $80.10, traded as high as $82.33, and fell to $74.24. With Friday’s session still ahead, the weekly result is not final. But the mess…
OilPrice.com
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2026.08.07
Energy
Plains All American Reports Second-Quarter 2026 Results
HOUSTON, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported second-quarter 2026 results and provided the following highlights:
GlobeNewswire
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