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The Latest Breaking News from Oil

Soybeans Collapse on Monday with Weather and Outside Pressures

Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average Cash Bean price was 39 1/2 cents lower at $11.74 1/4. Soymeal futures were $5.50 to $11.10 lower, with Soy Oil futures down...

Barchart

Mechanics Say These Proven Engines Can Reach 500,000 Miles—And Many Are Being Discontinued

Some engines seem to have a built-in expiration date, while others keep chugging along long after the rest of the vehicle starts showing its age. Toyota has produced several engines with reputations so strong that mechanics and longtime owners regularly point to them as candidates for 500,000 miles or more,…

Clever Dude

Thailand to purchase oil outside the Middle East

Thai energy authorities and oil traders are preparing to import more crude oil from outside the Middle East as the escalating conflict disrupts two key shipping routes — the Red Sea and the Strait of Hormuz.

Bangkok Post

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Clean-up of one of the Hunter's most polluted sites complete

About 15,000 tonnes of contaminated soil was removed from the site at a cost of $19 million.

Newcastle Herald

Stocks Settle Mixed as AI Angst Offsets Easing Geopolitical Tensions

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.32%. September E-mini S&P futures (ESU26 ) rose +0.02%, and September E-mini Nasdaq futures...

Barchart

July 2026 Fed Meeting: Live Updates and Commentary

The July Fed meeting comes as oil prices fall and the labor market holds steady. And while inflation remains elevated, the FOMC held steady this time around.

Kiplinger

Oil Plummeted On Hopes Of U.S.-Iran Talks But Chipmakers Dropped. Stocks Were Mixed Overall

Stocks were mixed on Monday as the market received contrasting signals: oil plummeted on hopes of U.S.-Iran talks, which brought optimism to the stocks market, but chipmakers dropped again.

International Business Times

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US stocks: US market ends mixed as investors focus on tech earnings

Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major technology firms like Microsoft and Apple will report their quarterly results this week. Investors are questioning the sustainability of the artificial intelligence rally. The Federal…

The Economic Times

Hyundai Driver Goes ‘A Couple Hours’ Over 10,000-Mile Oil Change. Then The Mechanic Hears What It Does To Her Engine: ‘Wow’

'People need to know what regular maintenance is.'

Motor1

Ukraine keeps up long-range strikes on Russian export and oil facilities as pressure on Moscow builds

Ukrainian President Volodymyr Zelenskyy said his forces had struck an export terminal in the western Rostov region, as well as oil facilities in the Yaroslavl and Udmurtia regions far from the front line.

Euronews

Dollar Gains on US Economic Strength

The dollar index (DXY00 ) rose by +0.06% on Monday. The dollar found support from Monday's US economic news, which showed that new capital goods nondefense, ex-aircraft and parts orders rose more than expected, a sign of economic strength. Some safe-haven demand also supports the dollar as President Trump has...

Barchart

Crude Oil Prices Sink on Hopes for US-Iran Diplomacy

September WTI crude oil (CLU26 ) on Monday closed down -6.70 (-7.50%), and September RBOB gasoline (RBU26 ) closed down -0.0820 (-2.52%). Crude oil and gasoline prices sank on Monday, with gasoline falling to a 1-week low. The easing of tensions in the Middle East weighed on energy prices Monday...

Barchart

Slumping Crude Oil Prices Weigh on Sugar Prices

October NY world sugar #11 (SBV26 ) on Monday closed down -0.19 (-1.29%), and October London ICE white sugar #5 (SWV26 ) closed down -2.40 (-0.52%). Sugar prices fell to 1-week lows on Monday and settled lower amid the plunge in crude oil prices. WTI crude oil (CLU26 ) tumbled...

Barchart

Oil Crashes 8%, Chip Rout Weighs on Nasdaq 100: Stock Market Today

Crude oil cratered as much as 8% on Monday after Washington paused its strike campaign against Iran, but a brutal sell-off in semiconductors wiped out Wall Street’s early relief rally, leaving the major averages mixed ahead of Wednesday’s Federal Reserve decision and a wave of Magnificent Seven earnings.

Benzinga

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The Times of India

Iran's shadow oil billions vanish as trusties flee, Interpol red notices issued

Iran's shadowy oil revenue network has come under the radar after officials revealed that intermediaries handling state funds had misappropriated billions, with some fleeing the country, Iran International reported.

The Economic Times

Drones attack Iran's neighbours as Tehran appears to test Trump's latest pause

Saudi Arabia, Jordan, and Iraq reported drone attacks on Monday. Iran-backed militias launched drones from Iraq targeting Saudi petroleum sites. Houthi allies in Yemen also claimed attacks on Saudi oil transit sites. The United States had recently suspended its air strike campaign against Iran. This strategic shift occurred after military…

International Business Times

The Houthis Said They Keep Hitting Saudi Oil Infrastructure. That Could Spell More Trouble For Global Supply

The Iran-backed Houthis claimed to have struck crude oil supply and transport sites that connect eastern Saudi Arabia to the Red Sea.

AAP

'Too high': RBA rates warning as inflation fears flare

The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.

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AAP

'Build resilience': refinery touted but discount to end

A study will examine locations for what would be the first refinery to be built in Australia since the 1960s, as a cut to the fuel excise is set to end.

MarketBeat

Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?

Amid intensifying Iran war disruptions and record crack spreads, Valero, Marathon Petroleum, and Phillips 66 shares have surged to all-time highs, backed by strong earnings, buybacks, and dividends.

Barchart

Cotton Posting Monday Midday Strength

Cotton futures are trading with 70 to 86 points higher at Monday’s midday. Crude oil is down $6.63 per barrel, with the US dollar index up 0.018. Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and options adding another 3,525 contracts to their net...

Barchart

Soybeans Collapsing Lower with Weather and Outside Pressures

Soybeans are trading with 41 to 42 ¼ cent losses across most contracts on Monday. The cmdtyView national average Cash Bean price is 41 1/2 cents lower at $11.72 1/2. Soymeal futures are $11.20 to $11.70 lower, with Soy Oil futures down 250 to 279 points. Crude oil is down...

Barchart

Corn Facing Monday Losses on as Crude Oil Retreats

Corn futures are trading with contracts down 13 to 15 cents across most front months, pressured by an improving weather forecast and $6.63 losses in the crude oil. The CmdtyView national average Cash Corn price is down 13 ¾ cents at $4.20 1/4. USDA’s FGIS tallied corn export shipments at...

Evening Standard

Stocks jump as US-Iran pause sees oil price fall

The US held fire at the weekend after 13 days of attacks on sites in Iran.

Barchart

Sugar Prices Retreat as Crude Oil Plunges

October NY world sugar #11 (SBV26 ) today is down -0.18 (-1.22%), and October London ICE white sugar #5 (SWV26 ) is down -1.50 (-0.33%). Sugar prices are under pressure today, sliding to 1-week lows amid the plunge in crude oil prices. WTI crude oil (CLU26 ) is down more...

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