Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Oil

Soybeans Collapse on Wednesday, as Forecasts Remain Wet

Soybeans posted losses of 13 ½ to 34 cents on Wednesday, with front months leading the charge. The cmdtyView national average Cash Bean price was 31 3/4 cents lower at $11.46 ¼. Soymeal futures were $2.50 to $5.00 lower across the front months, with Soy Oil futures down 30 to...

Cotton Falls on Wednesday

Cotton Falls on Wednesday

Cotton futures were weaker on Wednesday, with contracts 67 to 119 points lower. Crude oil was back up $5.34 per barrel, with the US dollar index was 0.586. The Fed left rates unchanged on Wednesday’s announcement. The next 7 days looks for a drier forecast in TX, with the delta...

Drone Strikes US-Owned Tanker at Egypt's Damietta Port, Oil Prices Surge Past $90 as Egypt Denies Attack

Drone Strikes US-Owned Tanker at Egypt's Damietta Port, Oil Prices Surge Past $90 as Egypt Denies Attack

A drone allegedly struck a US-owned tanker at Egypt's Damietta port, causing a fire and raising oil prices. Conflicting reports and regional tensions complicate the incident's narrative.

International Business Times UK

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Stocks Plunge on a Rout in Chipmakers and a Hawkish Fed Hold

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.52%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -2.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.06%. September E-mini S&P futures (ESU26 ) fell -1.59%, and September E-mini Nasdaq futures...

Trump insists Andy Burnham will ‘open up North Sea’ for oil drilling

US President Donald Trump has claimed that Prime Minister Andy Burnham told him he would "open up the North Sea" for oil drilling, asserting that this action would make the UK "a really rich country" due to vast reserves.

The Independent UK

Donald Trump says Andy Burnham told him he will ‘open up North Sea oil’

The US president, who is a vocal supporter of fossil fuels, argues the move would make the UK ‘a wealthy country’.

Evening Standard

Dow Drops 1,153 Points as Oil Pops on Fed Day: Stock Market Today

Fed Chair Kevin Warsh reassured markets about a resilient economy, but geopolitical uncertainty remains the major factor for most interested parties right now.

inkl

Read news from The Economist, FT, and more,
with one subscription

Trump says Burnham will ‘open up North Sea’ for oil drilling

Trump says Burnham will ‘open up North Sea’ for oil drilling

US president claims new prime minister confirmed UK would allow more drilling

The Independent UK

Dollar Falls as FOMC Keeps Interest Rates Unchanged

Dollar Falls as FOMC Keeps Interest Rates Unchanged

The dollar index (DXY00 ) fell to a 1-week low on Wednesday and finished down by -0.48%. The dollar tumbled on Wednesday after the FOMC kept interest rates unchanged. The dollar moved higher briefly early on Wednesday after crude oil prices surged more than +6% when President Trump said the...

Andy Burnham will 'open up the North Sea' for oil drilling, Donald Trump claims

Andy Burnham will 'open up the North Sea' for oil drilling, Donald Trump claims

DONALD Trump has said Prime Minister Andy Burnham told him that he would 'open up the North Sea' for oil drilling

The National (Scotland)

Discounts narrow on Russian Urals crude in India

Discounts narrow on Russian Urals crude in India

Discounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linked to renewed hostilities in the Iran war. This rebound marks a sharp change from earlier July when discounts were much larger. Indian refiners have stepped up purchases of Russian…

The Economic Times

Crude Oil Prices Surge as US-Iran Conflict Looks to Drag On

Crude Oil Prices Surge as US-Iran Conflict Looks to Drag On

September WTI crude oil (CLU26 ) on Wednesday closed up +5.20 (+6.56%), and September RBOB gasoline (RBU26 ) closed up +0.0815 (+2.59%). Crude oil and gasoline prices rallied sharply on Wednesday amid a fresh round of hostilities in the Middle East, which threatens global energy supplies. Gains in crude accelerated...

Aramco mulls new Asia pricing on deliveries from Egypt port

Aramco mulls new Asia pricing on deliveries from Egypt port

State-run Aramco has been asking Asian customers to take oil deliveries from the Egyptian port, near the Suez Canal exit from the Red Sea, as some shipowners are avoiding Yanbu fearing Houthi attacks. Meanwhile, Asian refiners are pressing Saudi Arabia for discounts to offset the higher freight costs and longer…

The Economic Times

United States Oil Stock Rallies After Trump Vows to Hit Iran Hard

United States Oil Stock Rallies After Trump Vows to Hit Iran Hard

United States Oil Fund (NYSE:USO) shares are surging Wednesday after President Donald Trump pledged a severe military response to an overnight Iranian ballistic missile strike on American forces.

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

A divided Federal Reserve holds interest rates steady despite high inflation

The ongoing war in Iran continues to inject considerable uncertainty into the Fed’s decision-making process

The Economic Times

US Federal Reserve keeps rates steady as Iran-driven inflation risks keep markets on edge

The US Federal Reserve kept interest rates unchanged, awaiting clearer inflation signals. Renewed fighting linked to Iran pressures oil prices and clouds economic outlook. Inflation remains above the Fed's target, causing investor concern about potential price increases.

Grocery Coupon Guide

Grocery Staples Still Shocking Shoppers Despite Slower Inflation

Economic reports indicate that overall grocery inflation is finally slowing down across the country. Despite this broader macroeconomic trend, specific food staple prices continue shocking shoppers at registers. Walking down dairy and meat aisles reveals stubbornly high costs for basic daily essentials. Families operating on tight weekly budgets struggle to…

The Economic Times

US-Saudi strikes in Iraq kill 20, including Iranians

The United States and Saudi Arabia said they had struck Iran-backed armed militants in Iraq in response to attacks on US forces and Saudi oil facilities. Washington and Tehran are Iraq's main allies, but their enmity has long turned the country into a proxy battleground and left successive governments struggling…

Get all your
news in one place.

100's of premium titles.
One news app.

Cotton Falling Lower on Wednesday

Cotton futures are trading with contracts 105 to 120 points lower across most contracts on Wednesday. Crude oil is back up $5.20 per barrel, with the US dollar index up 0.024. The Fed will release their decision on rates this afternoon, with most looking for no chang though there are...

Soybeans Extending Collapse to Wednesday, as Forecasts Stays Wet

Soybeans are trading with sharp midday losses of 28 to 31 cents across most contracts as a wetter forecast is pressuring things lower. The cmdtyView national average Cash Bean price is 31 cents lower at $11.47. Soymeal futures are $4.10 to $5.90 lower across the front months, with Soy Oil...

Oil Spikes 7%, Nasdaq 100 Sinks Before Fed: Stock Market Today

A deepening sell-off gripped Wall Street midday Wednesday as crude oil spiked on a fresh U.S.-Iran escalation just hours before the Federal Reserve’s rate verdict, dragging the S&P 500 to four-week lows and knocking the Nasdaq 100 down more than 10% from prior records.

Evening Standard

FTSE 100 sets new record ahead of US rate call

The FTSE 100 was lifted by well-received earnings and gains in BP and Shell as the oil price strengthened.

The Economic Times

Brent crude jumps 7%, climbs over $90 on escalating Middle East strikes

Oil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low, further impacting market sentiment. Military actions in the Strait of Hormuz and surrounding regions contributed to price volatility. Analysts predict oil prices will fluctuate within a broad range in the…

The Economic Times

In 1982, a deadly flood exposed one of America's worst toxic disasters. Here's what happened to Times Beach, Missouri

Times Beach faced a major environmental disaster due to dioxin-contaminated waste oil. Flooding in 1982 spread the toxic contamination across the entire town. A federal buyout and extensive Superfund cleanup efforts followed the disaster. Thousands of tons of contaminated soil were incinerated as part of the remediation. The former town…

Many Foods Labeled 'Made with Avocado Oil' May Contain Different Oils, UC Davis Reports

UC Davis tested 54 processed foods labeled with avocado oil and found 48 adulterated with cheaper oils. Olive oil products failed once in 20.

1 … 105 106 107 108

People

212,993 stories

Sir Keir Starmer

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

US Federal Reserve

British Petroleum

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Dow Jones Industrial Average

Places

417,624 stories

149,133 stories

Washington D.C.

The United States

the Middle East

the Strait of Hormuz

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play