The Latest Breaking News from Oil

Cotton Rallying at Wednesday’s Midday

Cotton futures are trading with midday gains of 99 to 130 points on Wednesday’s midday. Crude oil is $2.59 per barrel higher so far on the day, with the US dollar index slipping $0.032 Weekly Crop Progress data showed 40% of the US cotton crop with bolls opening as of...

Barchart · Sep 9

Shares dive as oil surges past 100 dollars

Brent oil climbed after the US military reported striking five Iranian oil tankers.

Evening Standard · Sep 9

How Trump's stock portfolio rode oil price rollercoaster: Report

Oil prices surged above $100 a barrel amid escalating tensions with Iran. President Trump's disclosed oil investments gained millions during the six months of conflict. His accounts continued trading energy stocks affected by his wartime decisions. The White House maintains independent managers control the portfolio and deny any influence. This…

The Economic Times · Sep 9

The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way

The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in datacentre investment are making the central bank’s task harder

The Guardian - AU · Sep 9

Dollar Slips Before the Treasury’s Buyback Operation

The dollar index (DXY00 ) dropped to a 2.5-week low today and is down by -0.15%. The dollar is under pressure today ahead of an announcement from the US Treasury on the size of Thursday’s buyback of long-term US Treasuries, a bearish factor for the dollar. Also, strength in the...

Barchart · Sep 9

Colorado man challenges drilling rights beneath his mountain as 400,000 acres head to lease sales

A Colorado landowner and Desert Storm veteran is continuing his legal fight against oil and gas drilling rights beneath Baker’s Peak after the Bureau of Land Management rejected his protest. His appeal comes as the BLM prepares to offer more than 400,000 acres of Colorado land for drilling across six…

The Times of India · Sep 9

Stocks Pressured as Inflation Fears Boost Bond Yields

The S&P 500 Index ($SPX ) (SPY ) is down -0.25% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.12%. E-mini S&P futures (ESU26 ) are down -0.92%, and September E-mini Nasdaq futures (NQU26...

Barchart · Sep 9

Households facing winter energy bills rise as UK gas prices hit four-year high

Experts warned that the latest surge in wholesale prices could feed through into consumer energy bills in the winter.

Evening Standard · Sep 9

Five charts that lay bare economic disaster caused by Trump’s war in Iran

The conflict in Iran has sent the price of oil and gas soaring while inflation rises in Europe and GDP struggles to remain resilient in the UK

The Independent UK · Sep 9

Zcash: A Privacy Coin ETF Is Holding Up Crypto While Bitcoin Fights for $79K

Bitcoin trades near $78,900 on September 9, up half a percent after bouncing from $77,600, reclaiming $79,000, and promptly losing it again.

International Business Times · Sep 9