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• The Week Ahead
  Eyes on the skies: One of the biggest events in the aerospace industry, the ...
  Eyes on the skies: One of the biggest events in the aerospace industry, the Farnborough Airshow, returns after a four-year absence. Heavyweight rivals Boeing and Airbus will try to one-up each other with order announcements.
  
  Earnings: How did companies handle soaring inflation and jittery consumers in Q2? We’re beginning to find out as earnings season picks up the pace. Bank of America, Goldman Sachs, J&J, Netflix, Tesla, and United Airlines are among the big names reporting this week.
  
  MLB All-Star Game: One of America’s greatest traditions, the Home Run Derby, will take place tonight at Dodger Stadium, followed by the All-Star Game tomorrow night.
  
  Everything else:
  

  
  
  • The contempt of Congress trial for former Trump strategist Steve Bannon begins today.
  
  
  • The Gray Man drops on Netflix and in a limited number of theaters.
  
  
  • Shark Week starts on Sunday. For some beachgoers on Long Island, it’s been Shark Week for a while.
  
  
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• Oil jumps on soft dollar and supply jitters
  LONDON (Reuters) -Oil prices extended gains on Monday, boosted by a weaker dollar and tight supplies...
  LONDON (Reuters) -Oil prices extended gains on Monday, boosted by a weaker dollar and tight supplies as concerns over gas supply from Russia mounted, offsetting demand fears brought on by a possible recession and China lockdowns.
  
  Brent crude futures for September settlement rose by $2.34, or 2.3%, to $103.50 a barrel by 1235 GMT, having gained 2.1% on Friday.
  
  U.S. West Texas Intermediate (WTI) crude futures for August delivery were up $1.89, or 1.9%, at $99.48 after rising by 1.9% in the previous session
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• Suspects charged in $2 million theft of crude oil
  How do you steal more than $2 million in crude oil? Ask the four suspects recently arrested...
  How do you steal more than $2 million in crude oil?
  
  Ask the four suspects recently arrested and charged in western North Dakota.
  
  The four are accused of stealing $2.4 million in crude oil over a period of more than a year, as reported in the Bismarck Tribune.
  
  Click here for Bismarck Tribune, via OK Energy Today
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• Investment In Nuclear Fusion Is Exploding
  Nuclear fusion has attracted more than $2.8 billion in new investment over...
  
  
  • Nuclear fusion has attracted more than $2.8 billion in new investment over the past year.
  
  
  • The industry is quickly gaining traction as scientists hone in on new breakthroughs.
  
  
  • The UK is home to some of the world’s leading fusion prospects, such as Tokamak Energy and First Light Fusion, both based in Oxford.
  
  

  
  Read Full Story HERE
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• US Drillers Add Oil, Gas Rigs for Second Consecutive Week
   U.S. energy firms this week added oil...

   U.S. energy firms this week added oil and natural gas rigs for a second week in a row, but only incrementally as softening crude prices deter some drillers from returning to the wellpad.

  
  

  The total oil and gas rig count, an early indicator of future output, rose four to 756 in the week to July 15, its highest since March 2020.

  
  

  Baker Hughes said that puts the total rig count up 272, or 56%, over this time last year.

  
  

  U.S. oil rigs rose two to 599 this week, their highest since March 2020, while gas rigs were unchanged for a second week in a row at 153.

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