The Latest Breaking News from Oil

Sunday Scaries: What I'm Watching This Week In The Grain Markets

With so many things happening in the world today, it is hard to keep up. Talking about the geopolitical and economic developments influencing grain and oilseed price direction.

Barchart · Oct 15, 2023

‘Every square inch is covered in life’: the ageing oil rigs that became marine oases

Built decades ago, California’s offshore oil platforms are home to a huge diversity of marine life. Now a debate rages over their future

The Guardian - US · Oct 15, 2023

Autumn minestrone and pumpkin baked with cream – Sally Clarke’s comforting recipes

Baking, braising and simmering is what’s called for when the clocks go back. Try halibut with mushrooms, and potato and gorgonzola tart

The Guardian - UK · Oct 15, 2023

10-litre refined sunflower oil jar launched by GEF India

GEF India launches 10L SKU of Freedom Refined Sunflower Oil; designed to meet modern-day consumer needs and promote environment-friendly products. Expansion into Chhattisgarh and Tamil Nadu underway. #GEFIndia #FreedomRefinedSunflowerOil #SumaKanakala

The Hindu · Oct 14, 2023

Crude Prices Soar on Concerns About Escalation of the Israeli-Hamas War

November WTI crude oil (CLX23 ) on Friday closed up +4.78 (+5.77%), and Nov RBOB gasoline (RBX23 ) closed up +10.03 (+4.63%). Nov WTI crude oil and gasoline prices Friday rallied sharply, with crude soaring to a 1-week high. Crude prices surged on concern the Israel-Hamas conflict may spread, potentially...

Barchart · Oct 13, 2023

Gauging the Grain Market: Where are Soybeans, Corn, and Wheat Headed?

Earlier today, I was interviewed by Michelle Rook on AgWeb's Markets Now. We spoke about the action in the grain markets, energy markets, gold, cattle, and interest rates.

Barchart · Oct 13, 2023

US oil production hits all-time high, conflicting with efforts to cut heat-trapping pollution

United States domestic oil production has hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders

The Independent UK · Oct 13, 2023

Crude Surges on Fears the Israeli-Hamas War Could Escalate

November WTI crude oil (CLX23 ) this morning is up +3.51 (+4.23%), and Nov RBOB gasoline (RBX23 ) is up +8.67 (+4.00%). Nov WTI crude oil and gasoline prices this morning are sharply higher on concern the Israel-Hamas conflict may spread, potentially disrupting Middle East crude supplies. The conflict could...

Barchart · Oct 13, 2023

'I will be completely independent': New EU climate commissioner Wopke Hoekstra

Talking Europe hosts the newly appointed EU Commissioner for Climate Action, Wopke Hoekstra. The EU has put the Green Deal at the heart of its policy making, and Hoekstra was confirmed in the key job after somewhat fractious hearings in the European Parliament, where some MEPs drew attention to his…

France 24 · Oct 13, 2023

Western sanctions haven't curbed Russian oil profits, but the green energy transition could

Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The idea was to curtail the amount Russia makes from its oil while ensuring it continues to flow into the global…

The Conversation · Oct 13, 2023