The Latest Breaking News from Oil

Soybeans Rally to the Teens on Tuesday Following EPA News, Ratings Drop

Soybeans were rallying on Tuesday, contracts 21 to 29 3/4 cents in the green at the close. The cmdtyView national average Cash Bean price was up 11 ¾ cents at $12.62 1/4. Soymeal futures were up $1.80 to $7.40 on the day, with Soy Oil up 116 to 187 points....

Barchart · Sep 1

Cotton Falls Back Lower on Turnaround Tuesday

Cotton posted Turnaround Tuesday losses of 115 to 169 points at the Tuesday close. Crude oil was $4.92 per barrel higher on the day, with the US dollar index up $0.235. Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the...

Barchart · Sep 1

Global bond selloff deepens as US launches fresh attacks on Iran

Oil prices rose, stocks fell and bond yields spiked after the US launched fresh attacks on Iranian targets. Japan's 10-year bond yield hit 3 percent for the first time since 1996. The deepening global selloff comes amid fears over rising inflation and concern over mounting government debt, which in the…

France 24 · Sep 1

Crude Prices Surge on Escalation of US-Iran Hostilities

October WTI crude oil (CLV26 ) closed up +4.46 (+5.20%) on Tuesday, and October RBOB gasoline (RBV26 ) closed up +0.0581 (+1.89%). Crude oil and gasoline prices surged on Tuesday, with crude oil posting a 6-week high. Crude prices rallied sharply on escalation of hostilities between the US and Iran,...

Barchart · Sep 1

August’s Top Commodity Performers and Underperformers

August was a bullish month for commodities, with gains in most sectors except for animal proteins and lumber. Ongoing conflicts in Ukraine and the Middle East continue to affect commodity prices as markets head into fall.

Barchart · Sep 1

Is the US-Venezuela Oil Deal for 25 Years or 100? Here's What's Actually Been Signed

Trump says the deal is historic. Rodríguez says 25 years; the White House says 100. Betancourt has laundering probes on three continents.

Latin Times · Sep 1

Cotton Fading Back Lower on Turnaround Tuesday

Cotton is showing Turnaround Tuesday losses of 131 to 152 points so far at midday. Crude oil is $3.81 per barrel, with the US dollar index $0.275 higher. Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the crop with bolls...

Barchart · Sep 1

Soybeans Rallying on Tuesday Following EPA News, Ratings Drop

Soybeans are trading with contracts 25 to 29 ¼ cents higher at midday. The cmdtyView national average Cash Bean price is up 10 ¾ cents at $12.61 1/4. Soymeal futures ate up $6 to $6.70 on the day, with Soy Oil up 107 to 115 points. There were no delivery...

Barchart · Sep 1

Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says

Oil giant Chevron is expected to soon announce it will expand operations in Venezuela, a U.S. official said

The Independent UK · Sep 1

Stocks fall as borrowing costs hit 28-year high

The higher oil price fuelled fears of rising inflation, putting pressure on global bond yields.

Evening Standard · Sep 1