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The Latest Breaking News from crude oil

Crude Prices Ease on US Crude Oil Inventory Surge

September WTI crude oil (CLU26) is down -0.19 (-0.23%), and September RBOB gasoline (RBU26) is down -0.0276 (-0.88%). Crude oil and gasoline prices are trading lower today on the surge in US oil inventories seen in the weekly EIA inventory report. Oil prices found support today after the International Energy...

Barchart

Edible oil prices up due to West Asia crisis, but availability 'adequate': Govt tells Parliament

Global and domestic edible oil prices have risen due to the West Asia crisis. Higher crude oil prices and biofuel demand reduced export availability significantly. However, India's edible oil availability remains adequate through usual import routes. Retail prices for groundnut and mustard oils have seen notable increases recently. The government…

The Economic Times

Cotton Posting Gains on Wednesday Morning

Cotton prices are up 25 to 40 points on Wednesday morning. Futures posted gains of 20 to 53 points across most front months, with deferreds down 27 to 33 points. Crude oil was up $0.1.10 per barrel, with the US dollar index $0.003 lower. Weekly Crop Progress data showed 65%...

Barchart

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Current price of oil as of Aug. 12, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.91.

The Economic Times

Global Markets Today: Asian stocks mixed, oil extends gains

Asian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle East. Technology stocks thrived, particularly CoreWeave, which soared following an upgraded forecast. Investors are navigating between geopolitical uncertainties and the Federal Reserve's interest rate strategies, with significant US inflation data…

The Economic Times

Stocks in news: L&T, Tata Motors, HAL, Grasim, NBCC and IRCTC

The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices weighed heavily on worldwide market sentiment. Notable developments included Larsen & Toubro's announcement of a strategic business transfer for its data center services. Focus will also be on firms like Tata Motors and…

The Economic Times

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GIFT Nifty signals muted start, D-Street braces for cautious opening

Indian equity benchmarks concluded lower on Tuesday, August 11, with Nifty 50 falling below 24,500. Crude oil price rebound and F&O expiry volatility impacted investor sentiment significantly. Market momentum now shifts towards the upcoming U.S. Consumer Price Index data release. Foreign portfolio investors net bought shares worth Rs 258.55 crore…

The Economic Times

Cotton Pushes Higher on Tuesday

Cotton futures posted gains of 20 to 53 points across most front months, with deferreds down 27 to 33 points. Crude oil was up $0.1.10 per barrel, with the US dollar index $0.003 lower. Weekly Crop Progress data showed 65% of the US cotton setting bolls as of Sunday, with...

Barchart

Dollar Slightly Higher as Crude Oil Rallies and Stocks Fall

The dollar index (DXY00 ) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high, which raises inflation expectations and may persuade the Fed to tighten monetary policy, a supportive factor for the dollar. Also, weakness...

Barchart

Crude Prices Settle Higher as Middle East Supplies Tighten

September WTI crude oil (CLU26 ) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26 ) closed up +0.0012 (+0.04%). Crude oil and gasoline prices settled higher on Tuesday, with crude oil climbing to a 1-week high and gasoline posting a 1.5-week high. Crude prices were volatile on...

Barchart

Cotton Holding Steady at Midday

Cotton futures are trading with mixed trade on Tuesday, as contracts are down 19 points to up 10 at midday. Crude oil is up $0.88 per barrel, with the US dollar index $0.007 higher. Weekly Crop Progress data showed 65% of the US cotton setting bolls as of Sunday, with...

Barchart

Russia's oil exports to Asia via Arctic route start strongly, sources say and data shows

Russia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to Asia. This route significantly cuts journey times to China compared to traditional sea lanes. Mild ice conditions and logistical issues elsewhere support these Arctic shipments. Increased oil…

The Economic Times

Crude Prices Supported as Strait of Hormuz Remains Closed

September WTI crude oil (CLU26 ) is up +0.19 (+0.23%) today, and September RBOB gasoline (RBU26 ) is down -0.0376 (-1.20%). Crude oil and gasoline prices are mixed today, with crude oil climbing to a 1-week high. The lack of an agreement between Iran and Oman to reopen the Strait...

Barchart

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Dollar Posts Modest Gains as Crude Oil Fluctuates

The dollar index (DXY00 ) is up by +0.05% today. The dollar found support today after WTI crude oil prices rose more than +2% to a 1-week high, which raises inflation expectations and may persuade the Fed to tighten monetary policy, a supportive factor for the dollar. However, the dollar...

Barchart

Cotton Back to Strength on Tuesday as Conditions Slip

Cotton price action is up 16 to 75 points early on Tuesday. Futures slipped lower into the Monday close, as contracts were down 46 to 55 points on the day. Crude oil is up $4.12 per barrel, with the US dollar index $0.272 higher. Weekly Crop Progress data showed 65%...

Barchart

What Had Crude Oil Boiling Again Overnight?

If I give you 10 guesses as to what had crude oil boiling again overnight, you would only need one to get the answer correct.

Fortune

Current price of oil as of Aug. 11, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Get all your
news in one place.

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One news app.

The Economic Times

Oil India shares jump over 5%. What made Emkay upgrade the stock after Q1 results

Oil India shares jumped over 5% after strong Q1FY27 results prompted Emkay Global to upgrade the stock to ‘Buy’. The brokerage cited attractive valuations, higher crude production and improving gas evacuation prospects. Elara Capital also retained its ‘Buy’ rating, while Nomura and Motilal Oswal maintained neutral views on the stock.

Bangkok Post

Oil spill off Oman coast shows no sign of stabilising: analyst

Leaking crude oil from a tanker grounded off a nature reserve in Oman has created a slick covering almost 154 square miles, the country's government said on Monday (August 10). John Amos, CEO of environmental nonprofit SkyTruth, said there had not been any sign of vessel activity at the site…

The Economic Times

Rupee falls 8 paise to 95.38 against US dollar in early trade

In early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions in West Asia have heightened market anxiety, leading to soaring crude oil prices. This uncertainty pressured domestic equity markets as well. Nonetheless, the Reserve Bank of…

The Economic Times

Oil steadies near one-week highs as US-Iran peace deal hopes dim

Oil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are complicating operations in the Strait of Hormuz. The restart of Saudi Aramco's Jazan refinery has been pushed back due to recent Houthi assaults, leading to constrained energy flows…

Barchart

Cotton Slip into Monday’s Close

Cotton futures slipped lower into the Monday close, as contracts were down 46 to 55 points on the day. Crude oil is up $4.12 per barrel, with the US dollar index $0.272 higher. Weekly Crop Progress data showed 65% of the US cotton setting bolls as of Sunday, with 10%...

Barchart

Stocks Finish Lower as Soaring Crude Prices Spur Inflation Fears

The S&P 500 Index ($SPX ) (SPY ) closed down -0.06% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.34%. September E-mini S&P futures (ESU26 ) fell -0.07%, and September E-mini Nasdaq futures...

The Economic Times

US Stocks: Nasdaq ends down as expectations of Hormuz deal fade

The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel shares fell after the company announced plans for a large share sale. Traders are now less confident about a Federal Reserve interest rate hike. Strong…

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