The Latest Breaking News from crude oil

Soybeans Holding onto Thursday Gains as USDA Makes Few Major Changes

Soybeans are showing 1 to 3 cent gains at Thursday’s midday. The cmdtyView national average Cash Bean price is up 3 1/4 cents at $10.97. Soymeal futures are up $2.30 to $3.50 on the day, with Soy Oil futures down 30 to 35 points on the day. Crude oil is...

Barchart · Apr 9

Crude Prices Rally as Strait of Hormuz Remains Blocked

May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving sharply higher today on doubts about the sustainability of the US-Iran ceasefire. The Strait of Hormuz remains blocked, and Israeli attacks on...

Barchart · Apr 9

Stock Indexes Rebound Despite Rising Oil Prices

Gemini said Major U.S. stock indexes are rebounding today, led by a 0.48% gain in the Nasdaq 100, even as crude oil prices surge over 5% due to the ongoing blockage of the Strait of Hormuz and escalating tensions between Israel and Lebanon.

Barchart · Apr 9

Cotton Posting Thursday AM Weakness

Cotton price action is down 11 to 34 points early on Thursday. Futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower at $98.850. Crude oil was down $16.45 on the day following a 2-week...

Barchart · Apr 9

Current price of oil as of April 9, 2026

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

Fortune · Apr 9

Cotton Closes Mixed on Wednesday

Cotton futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower at $98.850. Crude oil was down $16.45 on the day following a 2-week ceasefire between Iran and the US that includes the reopening of...

Barchart · Apr 8

Corn Recover Off Lows, Still Close in the Red on Wednesday

Corn futures saw some buying off the early overnight lows, but still managed to close with losses of 1 ¾ to 3 ½ cents. The CmdtyView national average Cash Corn price was down1 1/2 cents at $4.08. Crude oil was down $16.45 on the day following a 2-week ceasefire between...

Barchart · Apr 8

Wheat Collapses on Wednesday with Crude Oil Pressure

The wheat complex was under pressure on Wednesday as money was coming out with pressure from crude oil. Chicago SRW futures was down 13 to 17 ¾ cents in the nearbys on the day. KC HRW futures posted 7 to 12 1/4 cent lower trade into the final bell. MPLS...

Barchart · Apr 8

Stocks Finish Sharply Higher on US-Iran Ceasefire

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +2.51%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +2.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.90%. June E-mini S&P futures (ESM26 ) rose +2.52%, and June E-mini Nasdaq futures...

Barchart · Apr 8

Crude Prices Fall Sharply as Geopolitical Risks Ease

May WTI crude oil (CLK26 ) on Wednesday closed down -18.54 (-16.41%), and May RBOB gasoline (RBK26 ) closed down -0.2993 (-9.06%). Crude oil and gasoline prices plummeted on Wednesday, with crude posting a 1.5-week low and gasoline posting a 2-week low. Crude prices plunged on Wednesday after the US...

Barchart · Apr 8