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• Closing Oil and Gas Prices for Wednesday
  Oil futures settled higher on Wednesday, with U.S. prices posting...
  Oil futures settled higher on Wednesday, with U.S. prices posting a ninth consecutive climb — the longest streak of daily gains since early 2019.
  
  Prices for U.S. and global benchmark crude futures marked fresh settlement highs for the year so far, following the recent extension of supply cuts by Saudi Arabia and Russia.
  
  Benchmark U.S. crude oil for October delivery rose 85 cents to $87.54 a barrel Wednesday. Brent crude for November delivery rose 56 cents to $90.60 a barrel.
  
  Wholesale gasoline for October delivery rose 2 cents to $2.60 a gallon. October heating oil fell 3 cents to $3.19 a gallon. October natural gas fell 7 cents to $2.51 per 1,000 cubic feet.
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• U.S. stocks end lower as tech sector drops sharply amid rising bond yields
  U.S. stocks finished lower Wednesday, with shares of technology...
  U.S. stocks finished lower Wednesday, with shares of technology companies dropping sharply, as the S&P 500 booked back-to-back losses amid a rise in Treasury yields. The Dow Jones Industrial Average DJIA fell 0.6%, while the S&P 500 SPX dropped 0.7% and the tech-heavy Nasdaq Composite COMP sank 1.1%. Information technology was the S&P 500’s worst-performing sector on Wednesday with a loss of around 1.4%. In the U.S. bond market, the yield on the 10-year Treasury note rose for a third straight day on Wednesday to 4.289%, according to Dow Jones Market Data.
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• Analyst expects energy's leadership to grow, led by oil
  The energy sector's market leadership is set to grow, says technical analyst Johnathan Krinsky, chief...
  The energy sector's market leadership is set to grow, says technical analyst Johnathan Krinsky, chief market technician at BTIG, who notes a recent rise in crude oil prices as evidence, and points out that "WTI (West Texas Intermediate) put in consecutive closes above $83, including a weekly close, for the first time since last November," ending the week on its highest point this year at $85.50 a barrel. Krinsky and other analysts note a golden cross forming on the commodity's chart, which suggests further rises are imminent, and his reading also indicates emerging strength across the sector.
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• Trump-era LNG-by-rail rule halted pending further study
  The Pipelines and Hazardous Materials Safety Administration has paused a Trump-era rule allowing the...
  The Pipelines and Hazardous Materials Safety Administration has paused a Trump-era rule allowing the transportation of highly flammable liquefied natural gas by rail to conduct a more comprehensive safety analysis. The suspension will remain in effect until the agency publishes a revised rule or until June 2025, whichever occurs first.
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• ☕️What Else is Brewing Wednesday Morning
  Coco Gauff,...
  Coco Gauff, 19, becomes first American teen to reach US Open semifinals since Serena Williams in 2001 (More) | See latest bracket (More)
  
  United Airlines briefly grounded its planes nationwide over tech issues.
  
  Jorge Vilda, the head coach of the World Cup-winning Spanish women’s team, was fired. Spain’s soccer federation has been in turmoil after its now-suspended president kissed player Jenni Hermoso, who said the kiss was nonconsensual.
  
  Senate Republican Leader Mitch McConnell had “no evidence” of a stroke or seizure disorder during his two recent freeze-ups, a Capitol physician said.
  
  The Messi Effect: Apple’s MLS Season Pass drew more than 110,000 new US sign-ups the day Messi made his debut for Inter Miami (July 21), up from 6,143 the day before, per Antenna.
  
  Two construction workers in China damaged a portion of the Great Wall after they allegedly plowed a hole through it with an excavator as a shortcut for their construction project.
  
  
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