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The Latest Breaking News from crude oil

Sugar Prices Follow Crude Oil Higher

May NY world sugar #11 (SBK26 ) on Thursday closed up +0.15 (+1.11%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +6.00 (+1.46%). Sugar prices settled higher on Thursday as a +3% rally in crude oil prices (CLK26 ) sparked short covering in sugar futures. Higher crude...

3 Ways to Keep Control of Your Investments as Oil Prices Create Turbulence

3 Ways to Keep Control of Your Investments as Oil Prices Create Turbulence

Traders and speculators are already executing their respective plans. Here's what investors can do about the energy shock.

Cotton Rally Extending to New Highs

Cotton Rally Extending to New Highs

Cotton futures are continuing the rally on Thursday, with contracts up 70 to 85 points so far. The US dollar index is $0.209 higher at $98.060. Crude oil is up $3.09 so far on the day. USDA Export Sales data from this morning showed a total of 161,101 RB of...

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Crude Oil Strength Sparks Short Covering in Sugar

May NY world sugar #11 (SBK26 ) today is up +0.15 (+1.11%), and Aug London ICE white sugar #5 (SWQ26 ) is up +6.20 (+1.50%). Sugar prices are moving higher today as a +2% rally in crude oil price (CLK26 ) sparked short covering in sugar futures. Higher crude prices...

Crude Prices Climb as Global Oil Supplies Remain Disrupted

May WTI crude oil (CLK26 ) today is up +2.40 (+2.63%), and May RBOB gasoline (RBK26 ) is up +0.0655 (+2.13%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low. Crude oil and gasoline prices are moving higher today as the US naval...

Stocks Edge Higher as Chipmakers Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. June E-mini S&P futures (ESM26 ) are up +0.26%, and June E-mini Nasdaq futures...

Cotton Rally Extending to Thursday Morning

Cotton prices are up another 50 to 60 points early on Thursday morning. Futures were in rally mode, with contracts up 77 to 137 points at the close on Wednesday. The US dollar index was $0.033 lower at $97.875. Crude oil was up 12 cents on the day. The Seam...

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Current price of oil as of April 16, 2026

Current price of oil as of April 16, 2026

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

What does the Geelong refinery fire reveal about Australia’s fuel supplies?

What does the Geelong refinery fire reveal about Australia’s fuel supplies?

Late on Wednesday, Victorian firefighters were called to a large fire at Viva Energy Group’s oil refinery in Corio, a suburb of Geelong. The blaze is believed to have been an equipment failure. Thankfully, no-one was injured.

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S&P, Nasdaq Close at New All-Time Highs: Stock Market Today

S&P, Nasdaq Close at New All-Time Highs: Stock Market Today

Markets can see beyond the war in the Middle East and are no longer moving based on still-volatile crude oil prices.

Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

May WTI crude oil (CLK26 ) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26 ) closed up +0.0297 (+0.98%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low. Crude prices came under pressure on Wednesday after the AP reported that...

Cotton Rallying on Wednesday

Cotton Rallying on Wednesday

Cotton is rallying on Wednesday with contracts up 90 to 125 points at midday. The US dollar index is $0.063 lower at $97.845. Crude oil is up 55 cents on the day. The Seam showed 5,245 bales sold on 4/14 at an average of 72.10 cents/lb. The Cotlook A Index...

Crude Prices Gain on Tighter Global Oil Supplies

Crude Prices Gain on Tighter Global Oil Supplies

May WTI crude oil (CLK26 ) today is up +1.22 (+1.34%), and May RBOB gasoline (RBK26 ) is up +0.0446 (+1.47%). Crude oil and gasoline prices recovered from early losses on Wednesday and moved higher amid the US naval blockade of the Strait of Hormuz, which continues to curb global...

Current price of oil as of April 15, 2026

Current price of oil as of April 15, 2026

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

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Norway’s crude oil exports up 68% in March due to Iran war

Norway’s oil exports jumped significantly in March, pushing revenues to multi-year highs as disruptions from the Iran war and the closure of the Strait of Hormuz drove up prices.

Cotton Posting Early Wednesday Gains

Cotton prices are up 83 to 104 points so far on Wednesday morning. Futures closed the Tuesday session with contracts down 11 to 61 points. The US dollar index was $0.278 lower at $97.885. Crude oil was down $7.01 on the day, as reports suggest the US and Iran could...

Cotton Faces Tuesday Pressure

Cotton futures closed the Tuesday session with contracts down 11 to 61 points. The US dollar index was $0.278 lower at $97.885. Crude oil was down $7.01 on the day, as reports suggest the US and Iran could hold talks as early as this week, though nothing has officially been...

Stocks Rally on a Push for Diplomacy to End US-Iran War

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.81%. June E-mini S&P futures (ESM26 ) rose +1.18%, and June E-mini Nasdaq futures...

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Crude Prices Fall on Hopes Diplomacy Can End US-Iran War

May WTI crude oil (CLK26 ) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26 ) closed down -0.0765 (-2.46%). Crude oil and gasoline prices fell sharply on Tuesday in hopes that the US and Iran would extend peace negotiations. Crude prices extended their losses on Tuesday after...

Cotton Retreating on Tuesday

Cotton futures are trading with contracts 9 to 60 points in the front months. The US dollar index was $0.273 lower at $97.890. Crude oil is down $6.53 so far on the day, as reports suggest the US and Iran could hold talks as early as this week, though nothing...

Crude Oil: Short Supply, Demand Destruction, or Alternate Alliteration?

Early Tuesday morning, the IEA reportedly said crude was facing 'demand destruction' due to the US president's War on Iran.

US-Iran Peace Hopes Hammer Crude Oil Prices

May WTI crude oil (CLK26 ) today is down -5.69 (-5.74%), and May RBOB gasoline (RBK26 ) is down -0.0822 (-2.64%). Crude oil and gasoline prices are sharply lower today in hopes that the US and Iran will extend peace negotiations. Crude prices extended their losses today after the US...

Stocks Rally on US-Iran Peace Hopes and Cooler PPI Growth

The S&P 500 Index ($SPX ) (SPY ) today is up +0.77%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.98%. June E-mini S&P futures (ESM26 ) are up +0.73%, and June E-mini Nasdaq futures...

Stocks Climb on US-Iran Peace Talk Optimism and a Favorable PPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.76%. June E-mini S&P futures (ESM26 ) are up +0.49%, and June E-mini Nasdaq futures...

Cotton Mixed to Start Tuesday Trade

Cotton prices action is mixed on Tuesday morning trade, with contracts up 24 points to 14 points lower. Futures extended the gains to Monday, with contracts up 64 to 131 points at the close. The US dollar index was $0.230 lower at $98.420. Crude oil was up just $1.42 on...

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