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The Latest Breaking News from Oil

Soaring Crude Oil Prices Support Gains in Sugar

October NY world sugar #11 (SBV25 ) on Tuesday closed up +0.16 (+0.97%), and October London ICE white sugar #5 (SWV25 ) closed up +0.50 (+0.11%). Sugar prices settled higher for a second day Tuesday, with NY sugar posting a 1-week high. Strength in crude prices is supporting gains in...

Barchart

Cotton Falling on Tuesday Trade

Cotton futures are down 38 to 63 points in the nearby contracts so far on Tuesday’s midday. Crude oil futures are $1.00/barrel higher. The US dollar index is continuing the rally, up $0.340 to $98.735. Weekly Crop Progress data indicated 80% of the US cotton crop was squaring as of...

Barchart

Soybeans Falling on Tuesday

Soybeans are extending the losses to Tuesday’s midday, with contracts 6 to 11 ½ cents lower. The cmdtyView national average new crop Cash Bean price is down 6 1/2 cents at $9.52 1/2. Soymeal futures are continuing with weakness, with contracts down $3.10 to $3.20. Soy Oil is 17 to...

Barchart

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Crude Oil Gains Over 1%; UnitedHealth Earnings Miss Views

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

Benzinga

Sugar Prices Follow Crude Oil Prices Higher

October NY world sugar #11 (SBV25 ) today is up +0.13 (+0.79%), and October London ICE white sugar #5 (SWV25 ) is up +0.20 (+0.045%). Sugar prices are moving higher for a second day today, with NY sugar posting a 1-week high. Strength in crude prices is supporting gains in...

Barchart

Baker Hughes buys Chart Industries for $13.6 billion, outbidding planned Flowserve merger

The Baker Hughes acquisition represents the biggest oilfield services deal in years as the fragmented industry consolidates.

Fortune

Threats of Additional Sanctions on Russian Energy Exports Support Crude Oil

September WTI crude oil (CLU25 ) today is up +0.97 (+1.45%), and September RBOB gasoline (RBU25 ) is up +0.0399 (+1.90%). Crude oil and gasoline prices today added to Monday's rally and posted fresh 1-week highs. Concerns about the possibility of tighter global oil supplies are supporting crude prices after...

Barchart

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Four killed and hundreds arrested as protests against fuel hikes in Angola turn violent

Angola is one of Africa’s largest oil producers but the country doesn’t have enough refineries to meet domestic demand, so imports diesel and gasoline at high prices.

Euronews

Trump didn’t push me to support new oil and gas drilling, Swinney says

The First Minister said the US President made his views clear during their dinner but did not press him to back new drilling.

Evening Standard

Cotton Back to Weakness on Tuesday, Despite USDA Shows Drop in Ratings

Cotton prices are down 35 to 39 points early on Tuesday. Futures closed out the Monday session with contracts up 11 to 39 points. Crude oil futures were $1.79/barrel higher. The US dollar index was rallying, up $0.996 to $98.295. Weekly Crop Progress data indicated 80% of the US cotton...

Barchart

Donald Trump's 'North Sea oil is UK treasure chest' claim rubbished

DONALD Trump’s claim that North Sea oil is a “treasure chest for the UK” has been dismissed as “pure fantasy”.

The National (Scotland)

The rise of London Mediterranean, the style defining the capital's hottest restaurants

‘London Mediterranean’ is a more encompassing and minded way to define food here beyond ‘modern European’

Evening Standard

Trump hits out at Starmer over taxes and says North Sea oil is ‘treasure chest’ for UK

US president heaped praise on the Labour prime minister during their meeting and even gave him the green light to recognise Palestine, although he did advise cutting taxes and immigration to beat Nigel Farage at the next election

The Independent UK

Only 0.5% of 90,000 oil slicks reported over five-year period, analysis finds

Pollution incidents reported between 2014 and 2019 were compared against scientific study that used satellite imagery to count slicks

The Guardian - UK

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Euronews

The beauty industry loves argan oil but Morocco’s trees are under pressure from drought and demand

The hidden cost of argan oil's beauty boom is drought, deforestation and disappearing traditions.

The Independent UK

How to make the most of your crop of garden herbs

Air-drying and freezing can help preserve garden herbs for months beyond harvest

The Conversation

From futuristic design icon to environmental villain – the 80-year history of the plastic chair

What springs to mind when you’re asked to think of plastic chairs? Do you picture the ubiquitous lightweight, stackable polypropylene chair sold cheaply in hardware stores worldwide?

The Guardian - UK

Gorilla habitats and pristine forest at risk as DRC opens half of country to oil and gas drilling bids

Government launches licensing round for 52 fossil fuel blocks, potentially undermining a flagship conservation initiative and affecting an estimated 39 million people

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The Independent UK

The ‘liquid gold’ hair product that is threatening forests

Morocco’s argan forests are thinning under the strain of climate change, overharvesting and booming demand for luxury cosmetics

Barchart

Soybeans Fall to Start the Week, as Ratings Improve

Soybeans closed the Monday session with contracts down 9 to 10 cents. The cmdtyView national average new crop Cash Bean price was down 10 1/2 cents at $9.59 1/4. Soymeal futures were fading lower on Monday, with contracts $1.60 to $2.90. Soy Oil was 1 to 27 points higher on...

Barchart

Cotton Pop Higher on Monday, USDA Shows Drop in Ratings

Cotton futures closed out the Monday session with contracts up 11 to 39 points. Crude oil futures were $1.79/barrel higher. The US dollar index was rallying, up $0.996 to $98.295. Weekly Crop Progress data indicated 80% of the US cotton crop was squaring as of July 27, with 44% setting...

We Got This Covered

Kudos to Donald Trump for advancing the doomsday clock as his most lasting contribution to history

Undoing so much work for the environment.

Barchart

Crude Oil Sharply Higher on Concerns About Tighter Global Supplies

September WTI crude oil (CLU25 ) on Monday closed up +1.55 (+2.38%), and September RBOB gasoline (RBU25 ) closed up +0.0388 (+1.88%). Crude oil and gasoline prices rallied sharply on Monday to 1-week highs. Concerns about the possibility of tighter global oil supplies boosted crude prices Monday after President Trump...

LiveScience

Pizzeria mishap left at least 85 people intoxicated with THC after infused oil used for dough

In 2024, an odd outbreak of THC intoxication hit more than 80 people in Wisconsin after a pizzeria accidentally used oil infused with the psychoactive ingredient.

Barchart

Strength in Crude Oil Sparks Short Covering in Sugar Futures

October NY world sugar #11 (SBV25 ) on Monday closed up +0.14 (+0.86%), and October London ICE white sugar #5 (SWV25 ) closed up +3.80 (+0.81%). Sugar prices finished higher Monday as a rally in crude oil prices sparked short covering in sugar futures. WTI crude oil (CLU5 ) rose...

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