The Latest Breaking News from Oil

Getting your car serviced shouldn’t feel like rolling the dice. But right now, thousands of auto shops across the country are operating with serious safety violations and failed inspections. These shops continue serving customers despite red flags that would shut down restaurants or medical facilities. Your family’s safety depends on…

The California Senate has unanimously approved a resolution to review and eventually end the state’s imports of crude oil from the Amazon rainforest

Cotton futures were down 52 to 61 points on the Tuesday session. The outside markets were mixed factors, as the US dollar index is back down $0.183 on the day to $98.135, with crude oil futures $1.49 lower. On Monday afternoon. NASS reported the US cotton crop at 71% setting...

Soybean futures closed the Tuesday session with some slight turnaround action, as contracts were up 1 to 3 ¼ cents. The cmdtyView national average Cash Bean price was up 1 ¼ cents at $9.77 1/4. Soymeal futures posted gains of $1.50 to $3.30 on Tuesday. Soy Oil futures were down...

Today, the average cost of a new car is hovering around $48,000. That’s a massive amount of money to lay down on a single purchase. Most people want to be able to recover some of their initial cost when they trade their vehicle in or sell it on the private…

The dollar index (DXY00 ) on Tuesday fell by -0.21%. The dollar was under pressure Tuesday over the Fed's independence and fears about capital flight after President Trump moved to fire Fed Governor Lisa Cook, citing "sufficient cause" based on allegations she made false statements on one or more mortgage...

October WTI crude oil (CLV25 ) on Tuesday closed down -1.55 (-2.39%), and October RBOB gasoline (RBV25 ) closed down -0.0370 (-1.86%). Crude oil and gasoline prices retreated on Tuesday as global crude supply concerns eased after Russia said one of its largest refineries will soon restart after repairs were...

Soybeans are trading with fractional gains on Tuesday, as weakness in the bean oil market adds some pressure. The cmdtyView national average Cash Bean price is up ¼ cent at $9.76 1/4. Soymeal futures are showing slight 40 cent to $1.50 gains. Soy Oil futures are down 172 to 178...

Cotton futures are down 53 to 65 points so far on the Tuesday session. The outside markets are mixed factors, as the US dollar index is back down $0.238 on the day to $98.080, with crude oil futures $1.45 lower. On Monday afternoon. NASS reported the US cotton crop at...

The Trump administration recently expanded its list of tariffs to include grid transformers, parts of nuclear reactors, and parts for offshore oil drilling.

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 0.2% on Tuesday.