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The Latest Breaking News from Oil

The Best Repair Products of 2026, as Voted by Our Marie Claire Hair Awards Judges

From bond repair to expert-approved masks

Marie Claire

Scalp Care Is Key in 2026—These Are the Best Solutions, According to Our Marie Claire UK Hair Awards Judges

Hair health starts at the root

Marie Claire

Cotton Back to Mixed Trade at Wednesday’s Midday

Cotton futures are trading with contracts down 53 points to 3 points higher in the front months. The US dollar index is $0.211 higher at $99.055. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages. The Cotlook A Index was...

Barchart

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Soybeans Slipping on Wednesday, on Outside Pressure

Soybeans are trading with contracts 9 to 11 ¼ cent losses so far on Wednesday. The cmdtyView national average Cash Bean price is down 10 1/2 cents at $11.36 1/2. Soymeal futures are down $1.70 to $2 on the day, with Soy Oil futures 70 to 90 points lower. Crude...

Barchart

Corn Facing Crude Oil Pressure on Wednesday

Corn futures are trading with 10 to 11 cent losses in the front months on Wednesday. The CmdtyView national average Cash Corn price is down 10 3/4 cents to $4.24 1/4. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages....

Barchart

Ukrainian MP says lifting sanctions on Russian oil puts ‘question mark’ over friendship with UK

The Ukrainian MP said the decision told Russia that ‘everything can be bought and everything is for sale’

The Independent UK

Slumping Crude Oil Undercuts Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is down -0.25 (-1.67%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.10 (+0.02%). Sugar prices gave up an early advance today and are trading mixed. Sugar prices came under pressure after crude oil prices (CLN26 ) plunged by...

Barchart

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US stocks rally as pressure eases from the bond market and oil prices fall

The U.S. stock market is bouncing back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

AAP

Walmart Stock Looks Quite Risky Heading Into Q1 Results

Higher oil prices and the K-shaped economy are negative catalysts for WMT stock.

Barchart

Crude Oil Prices Tumble on Hopes the Iran War Could Soon End

July WTI crude oil (CLN26 ) today is down -4.43 (-4.25%), and July RBOB gasoline (RBN26 ) is down -0.1264 (-3.54%). Crude oil and gasoline prices are falling sharply today on optimism that diplomacy may finally end the Iran war and reopen the Strait of Hormuz. Crude prices remained sharply...

Barchart

US stocks bounce back after pressure eases from the bond market and oil prices fall

The U.S. stock market is bouncing back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

AAP

UK quietly eases Russian oil sanctions as petrol prices climb to highest since 2022 amid Iran conflict

Britain is recalibrating its approach to Russian oil imports by introducing restrictions on refined products at a measured pace. This strategy, driven by escalating energy market volatility linked to conflicts in the Middle East and climbing fuel prices, seeks to mitigate the risk of abrupt supply shortages.

The Times of India

EU vows to stand firm on Russia as UK scrambles to explain sanctions decision

Brussels is testing the waters with G7 allies to introduce a full ban on maritime services for Russian oil tankers. But recent decisions taken by the US and the UK suggest an uphill struggle to secure the green light.

Euronews

Stocks Rally as Crude Oil and Bond Yields Slump

The S&P 500 Index ($SPX ) (SPY ) today is up +0.78%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.24%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures...

Barchart

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Bangkok Post

UK eases sanctions on Russian jet fuel and diesel

LONDON - British Prime Minister Keir Starmer has defended a contentious move to ease sanctions on imports of Russian jet fuel and diesel as the Middle East war causes prices to spiral.

AAP

US stocks recover as pressure eases from the bond market and oil prices fall

The U.S. stock market is recovering after pressure eased on Wall Street from the bond market and oil prices gave up some of their big gains

Barchart

Dollar Erases Early Gains as Crude Prices Fall and Stocks Rally

The dollar index (DXY00 ) fell from a 6-week high today and is down by -0.09%. The dollar gave up an early advance today and moved lower after crude oil prices fell by more than -2%, which lowered inflation expectations and could prompt the Fed to ease monetary policy, a...

Barchart

Stocks Climb on Lower Bond Yields and Chipmaker Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.27%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.55%. June E-mini S&P futures (ESM26 ) are up +0.26%, and June E-mini Nasdaq futures...

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AAP

Putin and Xi hail their friendship and growing energy trade at their meeting in Beijing

Chinese leader Xi Jinping and Russian President Vladimir Putin have hailed their strategic ties and energy trade during a meeting in Beijing

Fortune

Current price of oil as of May 20, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Clever Dude

Never Leave This on Your Kitchen Counter — Fire Inspectors Say It’s the #1 Cause of House Fires

The kitchen smells like dinner, the phone starts buzzing, and suddenly a pot boils over while a towel sits inches from a hot burner. Fire inspectors across the United States say that exact setup causes thousands of house fires every year. Dish towels, paper towels, oven mitts, food packaging, and…

The Economic Times

Saudi Arabia March crude exports drop to lowest on record, JODI says

Saudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets. This conflict disrupted key shipping routes, affecting oil flows from the Gulf. Saudi Arabia is facing challenges in delivering its crude to international markets. Global oil demand forecasts have…

AAP

Ukraine ally Britain eases new sanctions on Russian oil as fuel prices surge over Iran war

The U.K. government has quietly delayed some new sanctions on Russian oil to help Britons cope with rising costs from the Iran war

The Independent UK

This is why easing Russia’s oil sanctions is a gut punch to Ukraine

COMMENT: The PM’s decision to ease oil sanctions on Russia will kill Ukrainians and enfeeble Britain, and is a stain on the national reputation, writes world affairs editor Sam Kiley, who has spent more than 11 years covering the region

The Economic Times

Edible oil industry body calls for boosting output, adopting modern farming amid West Asia crisis

India's edible oil imports are a significant economic concern. The Solvent Extractors' Association of India urges increased domestic oilseed production and smarter consumption. These steps are vital for national economic and strategic resilience. The industry seeks policy support to navigate global disruptions and currency fluctuations. Focusing on self-sufficiency offers a…

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