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The Latest Breaking News from Oil

Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus

September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0022 (-0.11%). Crude oil prices on Tuesday fell on the possibility of progress at the Trump-Putin summit in Alaska on Friday regarding the Russia-Ukraine war, which could result in reduced...

Barchart

Troy’s fall was partly due to environmental strain – and it holds lessons for today

Sometimes the seeds of collapse are sown in the very soil of prosperity. Beneath the ancient city of Troy’s shining walls, the earth quietly cracked under the weight of its ambition.

The Conversation

Soybeans Resuming Rally as USDA Cuts Acreage

Soybeans are trading with futures up 15 to 16 cents at Tuesday’s midday. The cmdtyView national average Cash Bean price is up 15 cents at $9.67 1/2. Soymeal futures are $1/ton higher. Soy Oil futures are 39 lower. There were another 128 August soybean meal deliveries overnight, with 87 issued...

Barchart

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Cotton Rallying as USDA Slashes Acreage

Cotton futures are showing 98 to 138 point gains so far on Tuesday, as bulls are finding some steam with the help from a USDA acreage cut. The US dollar index is back down $0.511 to $97.850, as crude oil futures are down 76 cents. USDA showed a total of...

Barchart

Crude Oil Trades Lower Ahead of Friday's Trump-Putin Summit

September WTI crude oil (CLU25) today is down -0.70 (-1.09%), and September RBOB gasoline (RBU25) is down -0.044 (-0.21%). Crude oil prices are trading lower in light summer trading on the possibility of progress in the Trump-Putin summit in Alaska on Friday, which could result in reduced sanctions on Russian...

Barchart

Jordan, Syria, and US officials discuss Syria's reconstruction after deadly clashes

Officials from Jordan, Syria and the U.S. have discussed ways of supporting war-torn Syria’s reconstruction on the basis of improving security after deadly clashes last month

The Independent UK

Otter pelts, Orthodox priests and a $7.2m bargain: how Russia sold Alaska to the US

Tsar Alexander II sold oil-rich territory to the US in 1867. Will Friday’s high-stakes summit between Putin and Trump result in a warming of historic ties?

The Guardian - UK

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Paloma Faith, Lola Young and The Cure urge Starmer to block Rosebank development

The letter urges the Government to follow the science and states ‘any new application to exploit Rosebank’s reserves must be refused’.

Evening Standard

The best tomato recipes to make the most of the season

From a low-effort risotto to a showstopping tarte tatin, these summery tomato recipes celebrate the fruit at its juicy best – sweet, sharp and endlessly versatile

The Independent UK

Soybeans Rally to Start the Week, as Tariff Pause Extends

Soybeans rallied on Monday, following a Social post from the President on Sunday night. Futures closed with 20 to 24 front month gains. The cmdtyView national average Cash Bean price was up 23 cents at $9.51 1/4. Soymeal futures posted gains on Monday, up $4.20 to $5.30. Soy Oil futures...

Barchart

Cotton Gains Mostly Hold on Monday

Cotton futures rounded out the Monday session with contracts up 10 to 16 points in the front months. The thinly traded October contract was an exception, down 3 points. The US dollar index is back up $0.330 to $98.510, as crude oil futures were up 12 cents. The weekly Crop...

Barchart

9 ‘Fixes’ YouTube Taught You That Now Void Warranties

YouTube is a treasure trove of information, including tons of DIY tutorials. While you might think a 30-minute video is the only thing you need to fix electronics, cars, appliances (or other projects), it is possible that your DIY fix could void a warranty. A lot of the time, manufacturers…

Clever Dude

Crude Prices Recover Early Losses on Doubts Over Ukraine Peace Plan

September WTI crude oil (CLU25 ) on Monday closed up +0.08 (+0.13%), and September RBOB gasoline (RBU25 ) closed down -0.095 (-0.46%). Crude oil and gasoline prices on Monday settled mixed. Crude prices were under pressure Monday from a stronger dollar, as the dollar index (DXY00 ) rose to a...

Barchart

Best luxury olive oils: Top EVOO for flavour and health benefits

Discover the finest extra virgin olive oils to enhance your dishes, improve digestion, and lower cholesterol

Evening Standard

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Barchart

Cotton Posting Midday Gains

Cotton futures are trading on the higher side of unchanged at the midday part of the Monday session as contracts are up 16 to 57 points. The US dollar index is back up $0.366 to $98.375, as crude oil futures are up 16 cents. CFTC data showed a total of...

Barchart

Soybean Rally Pushes to Midday on President Trump Post

Soybeans are trading with contracts 20 to 25 cents higher across most contracts on Monday. The cmdtyView national average Cash Bean price is up 24 3/4 cents at $9.53. Soymeal futures are higher at midday, with contracts up $4.60 to $5.10. Soy Oil futures are 39 to 70 points higher....

Clever Dude

What Do Mechanics Think About the Way You Treat Your Car?

How you treat your car says a lot about how long it will last and how much you’ll spend on repairs. Most people don’t think about their car until something goes wrong. But mechanics see the results of daily habits—good and bad—every day. They notice the little things drivers ignore,…

Radio France Internationale

Oil states push recycling over cuts as plastic treaty talks enter crunch phase

As 180 countries carry on talks in Geneva to finalise a global treaty on plastic pollution, oil-producing nations – backed by a record number of industry lobbyists – are pushing to block cuts in production and focus instead on recycling. The decision could determine whether the agreement tackles plastics at…

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Barchart

Crude Prices Pressured on Hopes of an End to the Russian-Ukrainian War

September WTI crude oil (CLU25 ) today is down -0.09 (-0.14%), and September RBOB gasoline (RBU25 ) is down -0.172 (-0.82%). Crude oil and gasoline prices today are under pressure from a stronger dollar, as the dollar index (DXY00 ) rose to a 1-week high. Also, expectations that the US...

Euronews

Finland charges officers of Russia-linked Eagle S ship that damaged undersea cables

The damage to the Estlink 2, which can provide about half of Estonia's electricity needs in winter, did not disrupt service, although it drove up energy prices in the Baltic nations.

Barchart

Cotton Trading Higher on Monday Morning

Cotton prices are up 12 to 45 points so far on Monday. Futures shrugged off the early weakness on Friday, with contracts up 17 to 36 points higher, as December closed out the week 24 points higher. The US dollar index was back down $0.134 to $98.095, as crude oil...

Euronews

Ukrainian drone strikes hit defence industry facilities across Russia

Ukrainian forces have launched a new series of drone strikes against companies involved in supplying the Russian army, some located thousands of kilometres away from the Ukrainian border.

The Guardian - UK

Gold prices fall; Britain’s biggest chemical plant under threat – as it happened

Spot gold falls by over 1% as White House says it will clarify ‘misinformation’ about import tariffs on one-kilo gold bars; China says hopes US will strive for ’positive’ trade outcomes

The Independent UK

Two easy BBQ recipes with perfect wine pairings – from a cricket legend turned grill master

Matthew Hoggard shares two flavour-packed barbecue recipes – sticky soy chicken thighs and BBQ-glazed halloumi flatbreads – plus affordable wine matches to serve with them

International Business Times UK

Man Killed Eating Broccoli Sparks Urgent Food Safety Warning - Here's What You Should Know About Botulism

A suspected botulism outbreak in Italy has killed one man and hospitalised nine others, prompting a national recall of contaminated broccoli preserved in oil.

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