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The Latest Breaking News from Oil

Revealed: Londoners' working week at 21-year record high as unemployment rises in cost of living crisis

EXCLUSIVE: How the capital’s workforce has been hit by tax rises, the Covid pandemic, wars and now faces artificial intelligence turmoil

Evening Standard

Asian stocks retreat and oil tops $100 despite fresh records on Wall St

Asian stocks have retreated while oil prices gained as investors reacted to shaky prospects for more talks on ending the war with Iran

The Independent UK

‘Cut fossil fuel industry’s lifeline’: How subsidies and petrochemicals are propping up oil and gas

Experts on the major wins they want to see from the Santa Marta fossil fuel phaseout conference.

Euronews

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Oily orange water result of mine pollution, court told

A rural community group alleges rivers, ponds, dams and water tanks have been contaminated by pollution from one of Australia's largest gold and copper mines.

AAP

Oil prices hold above $100 as Iran seizes ships in Strait of Hormuz and peace talks stall

Iran seized two container ships seeking to exit the Gulf via the strait on Wednesday, tightening its grip on the waterway

The Independent UK

Functional Foods for Pets: Beyond Basic Nutrition

A pet enjoying a nutrient-rich meal designed to support overall health and wellness.

Pet nutrition has evolved far beyond simply filling a bowl with kibble. Today, pet owners are increasingly focusing on functional foods ingredients that not only provide basic nutrition but also deliver additional health benefits. These foods play…

Times Pets

ASX dips, oil rises as conflict realities weigh heavily

A grim geopolitical outlook is weighing on the local bourse, as the US-Iran conflict and its resulting energy shock push the global economy towards recession.

AAP

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Boom time for Chinese solar makers as Middle East oil crisis drives demand

Exports in March were equivalent to Spain's entire solar capacity

The Independent UK

BP facing tense clash over climate transparency and shareholder rights at AGM

The oil major could face investor dissent on several fronts during the meeting at its Sunbury-on-Thames hub in Surrey.

Evening Standard

Urgent action on oil and gas decommissioning could create 25,000 jobs – report

Redwater Insights said 500 North Sea oil and gas wells are already overdue for decommissioning, and a further 1,700 are due to be plugged.

Evening Standard

Scenting Experts Agree That This $10 Fragrance Oil Makes Your Home Smell Like the Ritz-Carlton

Fig is a fresh and sunny scent that's perfect for spring and beloved by the iconic hotel

Homes & Gardens

Cotton Falls Back on Wednesday

Cotton futures were under pressure on Wednesday, with contracts falling back 135 to 225 points across the front months. The US dollar index was 0.209 higher at $98.430. Crude oil was up another $3.20 to $92.87. The Seam showed 905 bales sold on April 21 at an average of 74.69...

Barchart

Soybeans Fall Lower on Wednesday with Product Pressure

Soybeans rounded out the Wednesday session with contract slipping into the close, down 4 to 11 ¼ cents on the day. The cmdtyView national average Cash Bean price was down 9 1/2 cents at $11.01 1/4. Soymeal futures were down $2.90 to $4.90 on the day, with Soy Oil futures...

Barchart

Stocks Settle Higher as Nasdaq Posts a Record High on Tech Strength

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.73%. June E-mini S&P futures (ESM26 ) rose +0.99%, and June E-mini Nasdaq futures...

Barchart

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The Independent UK

Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies

The German company that owns Lufthansa Airlines and other European carriers says it plans to cut 20,000 short-haul flights through October as the Iran war drives up oil prices and deepens worries that some countries may run low on jet fuel

The Independent UK

How Wall Street is setting records even with the Iran war still going on

It seems so illogical

Fortune

The Strait of Hormuz chaos is just a ‘dry run’ for if war breaks out between the U.S. and China, Singapore foreign minister says

Vivian Balakrishnan said Singapore has a unique balancing act between prioritizing its own needs and maintaining close ties with both countries, even as tensions mount.

International Business Times

Hoarding Fuels Global Energy Spike as Iran War Disrupts Supply Chains: Report

The global surge in energy prices is no longer driven solely by Iran war-related supply disruptions. Now hoarding behavior internationally is also playing a role.

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news in one place.

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Barchart

Crude Oil Prices Surge as Closure of Hormuz Threatens Supply Shortages

June WTI crude oil (CLM26 ) on Wednesday closed up +3.29 (+3.67%), and June RBOB gasoline (RBM26 ) closed up +0.1201 (+3.84%). Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline posting a 3-week high. Energy prices surged on Wednesday as the cancellation of peace talks between the...

The Independent UK

More confusion looms over Strait of Hormuz after Iran attacks three ships near waterway

Confusion is deepening in the Strait of Hormuz after Iran attacked three ships near the crucial waterway that has plunged the world into an energy crisis

Barchart

Soaring Crude Oil Prices Support Sugar Prices

May NY world sugar #11 (SBK26 ) on Wednesday closed up +0.14 (+1.04%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +1.70 (+0.40%). Sugar prices settled higher on Wednesday, with London sugar posting a 1.5-week high. Short covering emerged in sugar futures on Wednesday as crude oil...

Clever Dude

10 Car Care Mistakes That Can Destroy Your Vehicle Faster Than You Think

A car can quietly rack up thousands of dollars in damage long before anything feels “wrong” behind the wheel. Small habits—skipped maintenance, ignored sounds, quick shortcuts—chip away at performance and lifespan until one day the repair bill lands with a thud. Drivers who treat their vehicles like long-term investments avoid…

AAP

Australia has more fuel in tank than before Iran war

As the repercussions of the US-led war on Iran continue and a crucial oil corridor remains effectively closed, Australia has topped up its fuel supply.

Barchart

Cotton Collapsing at Wednesday’s Midday

Cotton futures are under pressure on Wednesday, with contracts falling back 170 to 230 points across the front months. The US dollar index was 0.179 higher at $98.400. Crude oil was up another $3.93 to $93.60. The Seam showed 905 bales sold on April 21 at an average of 74.69...

Barchart

Soybeans Slipping Back on Wednesday

Soybeans are trading with 4 to 5 cent losses in the front months on Wednesday’s midday. The cmdtyView national average Cash Bean price is down 4 1/4 cents at $11.06 1/2. Soymeal futures are down $1 to $2 so far on the day, with Soy Oil futures back down 42...

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