FXDailyReport.com

Crude oil futures soared in the middle of the trading week, fueled by a bullish US government storage report that highlighted strong demand. Oil prices have been waiting for the next catalyst to increase and solid drawdowns for four consecutive weeks could help sustain the momentum. August West Texas Intermediate...

Oil Prices Pop on Larger-Than-Expected US Crude Supply Drawdown

Oil prices slipped for a third trading session on Tuesday as investors focused on the prospect of swelling oil supplies and weak demand, while showing little reaction to U.S. presidential campaign upheaval. Traders mostly ignored U.S. President Joe Biden's decision to call off his reelection bid and endorse Vice President...

Oil prices fall on predictions of swelling crude inventories, weak demand

Reuters

LOS ANGELES (Reuters) - The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts to say the market is in a bubble.

US importers balk at return of $10,000 container shipping rate

Markets Insider

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues, Goldman Sachs predicted.

The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

Crude oil stocks in the U.S., not including the SPR, were at 436.5 million barrels on July 19, according to the EIA. U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 3.7 million barrels from the week ending July 12 to the week ending July 19, according to the U.S. Energy Information Administration’s (EIA) latest weekly petroleum status report.

USA Commercial Crude Oil Inventories Drop by Almost 4MM Barrels WoW

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Virginia State

In Virginia, Drinking in public or offering another person alcohol in a public space is prohibited. This is a class 4 Misdemeanor punishable by a fine of up to $250.00. Under a new law that goes into effect on July 1, this will change to a degree.WDBJ7 reports that the prohibition on drinking or offering an alcoholic beverage to someone else in public will no longer apply under the following conditions.

Drinking in public will no longer be prohibited on private Campgrounds in Virginia beginning July 1

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

Crude oil inventories in the United States fell again this week, this time by 3.9 million barrels for the week ending July 19, according to The American Petroleum Institute (API). The reality was a far cry from analyst predictions which pegged the inventory move at a 700,000-barrel build for the week.

U.S. Crude Oil Inventories Continue to Fall

Maryland State

Fairfax County, VA

Washington, DC

The Bunny Man is an ever-evolving urban legend. The story originated from two documented incidents in 1970 in Fairfax County, Virginia, where a man in a rabbit suit attacked people in different locations. In both situations, he yelled that his victims were trespassing.

The Bunny Man legend was based on real events and continues to evolve over the decades

Social Security is a major source of income for most retirees. Yet most people don't know how much income they may receive from the program. Here's how to access your Social Security retirement benefit estimate. For most retirees, Social Security benefits is a major source of income. Yet, just 11%...

Most people don't know how much their Social Security retirement benefits may be. Here's how to tell

Rite Aid is making headlines again, but unfortunately, not for the best reasons. The essential pharmacy chain is closing a staggering 400 stores, a major uptick from the 143 closures initially planned when it filed for Chapter 11 bankruptcy last October.

A large retail chain is shutting down hundreds stores after going through Chapter 11 bankruptcy

Minnesota State

DayTripper

The hit History Channel series "American Pickers" is gearing up for an exciting return to Minnesota this fall. The show's production team has announced plans to film episodes throughout the state in September 2024, offering locals a chance to showcase their unique collections and share their stories with a national audience.

"American Pickers" Set to Unearth Minnesota's Hidden Treasures

West Virginia State

Norfolk, VA

Four Virginians were confirmed to be onboard when the Titanic sank on April 14, 1912. Phillip Acts and Selini Decker, who lived a few blocks apart in Norfolk, died when the ship sank. Richmond native Robert Decker and Eloise Smith, who later moved to Richmond from West Virginia, survived.

There's a reason no remains from the Virginia Titanic victims will ever be found

Kentucky State

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Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

Asheville, NC

Twice a week, Elizabeth Morosani gets up before 7 a.m., puts on her sun sleeves and spends the next three hours atop a John Deere lawn mower. Her side hustle requires it: She's converted 11 acres of her land, split between three properties around Asheville, North Carolina, into private dog parks. She rents out the spaces to local pet owners on an Airbnb-style platform called Sniffspot.

50-year-old's backyard side hustle brings in up to $8,400 a month: 'There's definitely room for everyone to do this'

The 2025 Chevy Corvette ZR1 will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable of more than 1,000 horsepower — a first for Corvette — and 828 foot-pounds of torque. The ZR1 joins what GM is calling the "Corvette family," leveraging the reputation of the quintessential American...

GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed

NewsBreak

U.S. crude oil posts third weekly decline as China demand raises concerns

West Texas Intermediate oil fell 3.7% this week, while Brent dropped 1.8%. Surprise rate cuts by China this week raised worries that Beijing is struggling to...

U.S. crude oil posts third weekly decline as China demand raises concerns

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