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Energy, Oil, Financing, Banks, Wall Street, Lending, Fossil Fuel

Energy, Oil, Financing, Banks, Wall Street, Lending, Fossil Fuel

Energy Lending Shrinks as Upstream Spending Declines

Presidio, SPAC, Merger, Panhandle

Presidio, SPAC, Merger, Panhandle

Presidio Targets Public Debut in $660M SPAC Deal

Chevron, Exxon, Europe, Oil, Production

Chevron, Exxon, Europe, Oil, Production

Exxon, Chevron Raise Production as Europe Falls Behind

At least four tankers discharged millions of barrels of Russian crude at Indian refineries over the weekend, even as pressure ramps up by USA

At least four tankers discharged millions of barrels of Russian crude at Indian refineries over the weekend, even as pressure ramps up by USA

Tankers Deliver Russian Crude to India Despite USA and EU Pressure

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From Twitter: ExxonMobil Signals Profit Drop, Cites Lower Prices
@exxonmobil...

@exxonmobil signals profit drop, cites lower prices
Operating earnings dropped to about $7.8 billion, when surging oil and gas prices after Russia's invasion of Ukraine boosted global energy results to record levels.
Read more on https://t.co/F1Gjv1sWnn #OGNews #profit pic.twitter.com/FiznawwAi1

— OGN - Media for the Energy Future (@OGN_Online) July 11, 2023

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☕️What Else is Brewing Tuesday Morning
Northwestern fired football coach Pat Fitzgerald, saying he failed to stop ...
Northwestern fired football coach Pat Fitzgerald, saying he failed to stop widespread hazing in the program.

Vladimir Putin met with Wagner boss Yevgeny Prigozhin after Prigozhin briefly turned his mercenary soldiers against Russia, the Kremlin said, making Prigozhin’s status following the mutiny even less clear.

The New York Times is scrapping its sports desk and will instead rely on coverage from The Athletic, a website the paper bought for $550 million last year.

Larry Nassar, the sports doctor convicted of sexually abusing gymnasts, including Olympic medalists, was stabbed in prison, the Associated Press reports.

A flight from Houston to Amsterdam had to be diverted to Chicago after a passenger became unruly, reportedly because his first choice of meal was not available.

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🌧️Floods in the Northeast threaten lives and destroy roads
Around 9 million people were under ...
Around 9 million people were under flood warnings yesterday, and some areas experienced once-in-a-millennium levels of rainfall as storms that began on Sunday pummeled the Northeastern US. New York’s Hudson Valley, where at least one person died in the storm, and Vermont, where flash flood risks were high and rain fell at a rate of 1.5 inches per hour, were hit especially hard. Thousands of flights were canceled and delayed, and major roads were damaged and even washed away.
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Turkey to roll out the NATO welcome mat for Sweden at last
Turkey ...
Turkey agreed to give up its yearlong objection to the meatball-loving nation joining the military alliance yesterday, mere hours after saying it would only do so after Turkey is permitted to join the European Union (which...didn’t happen). Though there are still steps left before Sweden officially becomes a NATO member, with that issue largely resolved, the talk of today’s big NATO summit in Lithuania is likely to be about how to handle another country that’s eager to join: Ukraine.
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Closing Oil & Gas Prices for Monday
Benchmark U.S. crude oil for August delivery...
Benchmark U.S. crude oil for August delivery fell 87 cents to $72.99 a barrel Monday. Brent crude for September delivery fell 78 cents to $77.69 a barrel.

Wholesale gasoline for August delivery fell 2 cents $2.57 a gallon. August heating oil fell 1 cent to $2.55 a gallon. August natural gas rose 9 cents to $2.67 per 1,000 cubic feet.
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