The Latest Breaking News from Oil

Soybean futures are trading with 2 to 3 cent losses across most contracts on Friday. There were 125 deliveries issued against September beans overnight. The cmdtyView national average Cash Bean price is down 2 1/2 cent at $9.52 1/4. Soymeal futures are $1.20 higher so far on the day, with...

Guyana’s president, Irfaan Ali, is poised to serve a second term in this South American country flush with money from oil and gas production

A 26-year-old employee at McBride Operating in Waskom was killed when a valve blew off a pump last year. Another worker had sued the company two years earlier after being injured on the job.

October WTI crude oil (CLV25 ) is down -1.91 (-3.01%), and October RBOB gasoline (RBV25 ) is down -0.0576 (-2.87%). Crude oil and gasoline prices are sharply lower after a report that Saudi Arabia wants OPEC+ to speed up production hikes. Oil prices are also lower due to concerns about...

“We are going to get all our oil and gas out of the North Sea”, Conservative Party leader Kemi Badenoch said recently. Her promise to “maximise extraction” sets up a clash between political ambitions, economic reality and geological limits.

After trading to a multi-year high in 2022, soybean futures prices have been in a bearish trend, falling from nearly $17.85 to a low of under $9.40 per bushel. With prices under the $10.40 level in September 2025, the oilseeds that are a food and fuel ingredient remain under pressure.

Oil giants stand accused of walking away from decades of pollution in Nigeria’s Niger Delta without cleaning up the damage. A UN-appointed panel of experts wrote to Shell, Eni, ExxonMobil and TotalEnergies, warning the companies cannot sell off their assets and dodge their responsibilities to local communities.

Another day, another vague Trump promise that "something will happen."

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Macron announces a ‘reassurance force’ as 26 European countries pledge to place troops in Ukraine after the war ends.

Soybeans are trading with contracts fractionally mixed. Futures were weaker early on during the Thursday session, but contract came back to close with 1 to 2 cent gains in the nearbys. September was an exception, down 4 cents on thin trade. There were 125 deliveries issued against September beans overnight....