Brent crude struggles below $70/barrel as EU officials cast doubt on trade deal. Diesel defies usual cycles, strengthens in July, with US stocks at lowest since 1996. Gasoline bets at 8-year low, while Europe deals with Russian import ban on refined products. ICE gasoil crack soars.

BP appoints new chairman, plans to sell US onshore wind business. Equinor signs 10-year gas supply deal with BASF. Galp Energia seeks to divest part of Namibia’s Mopane discovery. Market updates reflect shifting energy landscape and corporate decisions in the sector.

Oil prices capped amid speculation of US trade talks failure. EU prepares US retaliation plans, China announces world’s largest hydropower dam. UK and EU set new oil price cap at $47.60 per barrel. Antimony exports plunge, Turkey seeks energy reset with Iraq. Energy news impacting global markets.

UK’s Lindsey refinery to close permanently. California plans to stabilize oil production. US energy firms to develop Syria’s energy sector. BHP exits Tanzania nickel project. Zinc futures rally in July. Beijing protests Canada’s steel tariffs, Spain boosts gas use post-blackout. Energy sector developments shaping global energy landscape.

Read more at Yahoo Finance: Brent Stuck Below $70 as Trump Faces Trade Deadline Turmoil