U.S. energy stocks rose due to tightening oil supply, Chevron (CVX.N) rose 3%, Exxon Mobil (XOM.N) rose 2.8%, Hess (HES.N) rose 1.8%, ConocoPhillips (COP.N) rose 1.6%, Schlumberger (SLB.N) rose 1.9%, Halliburton (HAL.N) rose 2% and Occidental Petroleum (OXY.N) rose 1.4%.

The social platform Company X (formerly known as Twitter) said in a statement that product and engineering teams will report to Musk, adding that both Musk and CEO Yaccarino will lead the trust and safety team.

Market news: It is reported that Shell (SHEL.N) will resume negotiations with Nigerian companies on the sale of local oil fields.

The Fed accepted a total of $1.821 trillion from 105 counterparties in fixed-rate reverse repurchase operations.

National Copper and Rio Tinto (RIO.N) will explore for copper resources at the Chilean project.

Canadian Labor Relations Board: Longshoremen union members have agreed not to strike until the results of the ratification vote are known and notified.

Goldman Sachs: It believes that "signs of capitulation are beginning to appear."

Goldman Sachs: Long-short hedge funds may experience their worst monthly Alpha loss since May 2022 in July.

Goldman Sachs: As of July 28, long-short hedge funds experienced negative returns for nine consecutive days, the longest consecutive period of negative returns since January 2017.

Goldman Sachs: Hedge funds reduced risk in July mainly driven by short covering.

Goldman Sachs: Hedge funds reduced risk in July to near record levels over the past decade.

U.S. Energy Information Administration (EIA): Crude oil production in North Dakota rose 0.9% in May to 1.114 million barrels per day, the highest level since February 2023.

U.S. Energy Information Administration (EIA): Crude oil production in the U.S. state of New Mexico fell 3.1% in May to 1.803 million barrels per day, the lowest level since February 2023.

U.S. Energy Information Administration (EIA): May production in the U.S. Gulf of Mexico fell 6.8% from the previous month to 1.85 billion cubic feet per day; Texas rose 1.2% to 33.72 billion cubic feet per day; Oklaho Maryland fell 1.9% to 7.61 billion cubic feet per day; Pennsylvania rose 1.2% to 20.91 billion cubic feet per day.

U.S. Energy Information Administration (EIA): Crude oil production in North Dakota increased by 10,000 barrels per day in May compared with April; Texas increased by 48,000 barrels per day; the Gulf Coast decreased by 30,000 barrels per day.

British government: Added 6 new objects to the sanctions list against Russia.

Ukrainian President Volodymyr Zelensky may travel to New York for UN General Assembly.