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InMed Pharmaceuticals

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

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AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

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CRAK

Oil edged lower as traders assess Middle East developments.

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Oil edges lower as traders assess Middle East developments

Wall Street's main indexes closed lower on Tuesday, with the Nasdaq leading declines. This drop followed a rise in the 10-year Treasury yield to its highest level in over a year, driven by inflation concerns and elevated oil prices, alongside investor anxiety regarding the lack of a peace agreement between the U.S. and Iran.

Wall St ends lower as inflation worries push up yields

The cost of oil changes in the U.S. is set to rise to $100-$120 due to increasing motor oil prices, influenced by geopolitical tensions and supply chain issues. As summer travel approaches, drivers face higher maintenance costs alongside rising gas prices, which average $4.53 per gallon. The automotive maintenance industry, which saw $73 billion in spending in 2024, is passing these costs onto consumers, leading to potential delays in routine maintenance and increased risk of major repairs.

MorningStar

Us Gasoline

Chevron

Exxon Mobil

Phillips 66

Buckle up for $120 oil changes. Why car care is about to get more expensive.

A private inventory survey by the American Petroleum Institute (API) indicates a significant crude oil draw of 3.4 million barrels, exceeding expectations. Crude markets remained stable amid geopolitical tensions, particularly regarding US-Iran relations, with reports of potential military action and recent vessel seizures. The official report from the US Energy Information Administration (EIA) is expected to provide more comprehensive data on oil storage and market status.

Investinglive

Us 12 Mthn Oil

Invesco DB Multi Sector Comm TR Oil Fd ETF

Oil: Private inventory survey shows a headline crude oil draw much greater than expected

Japan and South Korea's prime ministers have agreed to enhance oil supply cooperation, including joint storage, amid the ongoing crisis in the Strait of Hormuz. Both nations, heavily reliant on Middle Eastern oil, are seeking alternative suppliers due to supply disruptions. The meeting aims to address financial and technical details of the joint storage system, highlighting the urgency of their energy challenges.

Baystreet

Global X MLP

Alerian MLP

GLOBAL X MLP & Energy Infra

Japan and South Korea Deepen Oil Ties as Hormuz Crisis Bites

The US has extended India's waiver on Russian crude imports for 30 days, crucial for maintaining supply amid Gulf shipping disruptions. Russian oil constitutes nearly half of India's imports, with May deliveries expected at 2.1 million barrels per day. However, India's crude reserves have fallen to 90 million barrels, sufficient for only a few weeks of consumption at current demand levels.

iShares US Energy

US extends India’s Russian crude waiver amid Gulf supply crisis

Oil prices keep swinging, and so do stocks worldwide

Barchart Option

Oil prices keep swinging, and so do stocks worldwide

Oil marketing companies (OMCs) have raised petrol and diesel prices by 90 paise per litre, marking the second increase in a week due to ongoing losses from high crude oil prices. Petrol now costs ₹98.64 and diesel ₹91.58 in Delhi. Analysts predict further hikes as OMCs continue to face significant losses. The government has indicated no plans for additional financial support to OMCs, and inflation could rise by 18 to 70 basis points due to these price increases.

Business Standard

OMCs raise petrol, diesel price by 90 paise per litre, 2nd hike in a week

Crude Oil Prices Finish Sharply Higher Amid Tightening Global Supplies

Crude Oil Prices Finish Sharply Higher Amid Tightening Global Supplies

Crude Oil Futures Market - Volatility, Geopolitics, and a Battle Between Supply and Demand

Pro Ultrshrt Crude Oil

Crude Oil Futures Market - Volatility, Geopolitics, and a Battle Between Supply and Demand

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