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Energy and commodity industry news collected daily by LIVERSE.
2026.07.31
Energy
Oil prices set to spike again after more Strait of Hormuz disruptions, Red Sea attacks
US crude is projected to average $80.14 a barrel, compared with June's estimate of $79.49.
New York Post
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2026.07.31
Energy
Major oil companies reap massive profits as US and Iran fighting drives energy prices higher
American oil and gas giants raked in massive spring profits while fighting between Iran and the US impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.
National Observer
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2026.07.31
Steel
‘Steel prices globally are still at 15 year low despite cost pressure’
Tata Steel reports improved profits amid low global steel prices and anticipates 8% consumption growth with rising GDP.
BusinessLine
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2026.07.31
Energy
Indian Oil posts first quarterly loss in 15 on crude price surge
IOC recorded a standalone net loss of ₹2,661 crore for the quarter ended June 30, against a profit of ₹5,689 crore a year ago
BusinessLine
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2026.07.31
Energy
Subsea7 awarded contract offshore Brunei
Luxembourg – 31 July 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Brunei Shell Petroleum (BSP). The contract covers the subsea installation for a Pipeline Replacement Project, offshore Brunei.
GlobeNewswire
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2026.07.31
Energy
Maruti Suzuki bets big on alternative fuel with Rs 561 crore CBG push; flags rising input cost pressures
Maruti Suzuki is investing Rs 561 crore in four compressed biogas manufacturing projects. This move supports India's transition to cleaner mobility and reduces fuel imports. The company's first-quarter profitability declined due to higher raw material costs. …
The Times of India
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2026.07.31
Energy
ExxonMobil and Chevron profits quadruple amid Iran war as oil tops $112, reigniting inflation hedge debate
Sustained high oil prices could exacerbate inflation, prompting regulatory scrutiny and impacting sectors reliant on energy, including crypto. The post ExxonMobil and Chevron profits quadruple amid Iran war as oil tops $112, reigniting inflation hedge debate …
Crypto Briefing
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2026.07.31
Energy
Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon
Exxon and Chevron posted record quarters as the Strait of Hormuz conflict fueled shortages and a windfall-tax push in Congress.
Fortune
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2026.07.31
Energy
Euro zone inflation rises to 2.9% in July
Energy shock will keep ECB on alert ahead of September rate decision
The Irish Times
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2026.07.31
Energy
ExxonMobil misses second-quarter profit estimates
ExxonMobil has today missed Wall Street estimates for second-quarter profit despite high oil prices and refining margins due to the Iran war led to its biggest quarterly profit in four years.
RTE
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