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The Latest Breaking News from Oil

Japan, Canada sign strategic agreement in defense and energy as war in Mideast fuels oil concerns

Japan and Canada have signed a strategic agreement aimed at strengthening cooperation in defense, economic and energy security as military strikes on Iran by the United States and Israel fueled concern about international oil supplies

The Independent UK

Stock markets tumble as oil prices surge in biggest weekly gain since 2020

Benchmark Brent crude prices shot up by as much as another 7% to over 91 US dollars a barrel at one stage.

Evening Standard

Why Asia sits at the centre of the global LNG shock

Middle East tensions and energy infrastructure disruptions are rattling global LNG markets, hitting Asia hardest.

Euronews

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The abysmal February jobs report shatters hopes of a labor market recovery for 2026 and leaves the Fed ‘between a rock and a hard place’

Jobs are negative on net since April, and oil is at $90.

Fortune

A DIY Pest Spray That Costs Just Pennies

One stubborn ant marching across the kitchen counter can spark a full-blown war. Most people reach for a pricey chemical spray without thinking twice, but a better solution sits quietly in the cabinet, costs almost nothing, and works shockingly well.

Frugal Gardening

The country likely winning from Iran's Hormuz gambit? Russia

The world's most critical shipping chokepoint is becoming a geopolitical battleground — and Russia may be the unlikely winner.

Euronews

Stocks Slump on Iran War and Weak US Jobs Report

The S&P 500 Index ($SPX ) (SPY ) today is down -1.68%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.93%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.50%. March E-mini S&P futures (ESH26 ) are down -1.60%, and March E-mini Nasdaq futures...

Barchart

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Trump Bragged About Lower Gas Prices. Then He Bombed Iran.

You can have low gas prices or war in the Middle East, but not both.

Reason

Criticism of forecourt workers for fuel price hikes ‘unacceptable’ – minister

Fuels for Ireland said that instead of making money, some suppliers were losing money on the fuel they are selling.

Evening Standard

As Analysts Call for Brent Crude to Hit $120, Here Are the 3 Top-Rated Oil Stocks to Buy Now

J.P. Morgan believes a prolonged Strait of Hormuz disruption could push Brent to $120 to $130. Diamondback, Sunoco LP, and Viper Energy sit among Wall Street’s highest‑rated ways to ride that risk premium.

Barchart

Brussels urges Orbán and Zelenskyy to 'dial down escalatory rhetoric' over Druzhba

"That type of language is not acceptable. There must not be threats against EU member states," Brussels said after Volodymyr Zelenskyy floated giving Viktor Orbán's address to Ukrainian soldiers

Euronews

Oil prices jump after Qatar warns disruption could push crude to $150

Oil prices surged on Friday after warnings from Qatar that the war will force Gulf to stop energy exports "within days".

Euronews

Venezuela’s fragile environment faces rising risks as US pushes for oil and critical minerals and illegal gold mining spreads

Venezuela’s Orinoco River Basin is a wild land of lush forests, grasslands and a vast delta of jungle wetlands teeming with wildlife. River dolphins and endangered Orinoco crocodiles ply its waterways, and over 1,000 freshwater fish and bird species can be found there.

The Conversation

Cotton Starting Friday Higher

Cotton prices are up 15 to 20 points early on Friday. Crude oil is up another $5.32 on Friday morning to provide some more spillover support. Futures rounded out Thursday with missed trade as most contracts were down 18 to 4 points higher and soon to expire March up 87...

Barchart

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Barchart

Wheat Leading the Rally to Start Friday

Wheat is showing double digit gains continue on Friday morning in the three markets. Crude oil is up another $5.32 on Friday morning to provide some more spillover support. The wheat complex posted digit gains across the three exchanges on Thursday. Chicago SRW futures were up 12 to 16 cents...

Barchart

Soybeans Gains Extending to New Highs on Friday Morning

Soybeans are trading with 7 to 11 cent gains so far on Friday morning. Crude oil continues to provide some more spillover support, up another $5.32 on Friday morning. Bean futures were higher on Thursday led by the bean oil market, as the raw beans were up 3 to 9...

Barchart

Corn Continuing Gains on Friday Morning

Corn prices are up 2 to 5 cents so far on the last session of the week. Crude oil is up another $5.32 on Friday morning to provide some more spillover support. Futures closed out Thursday trade with most contracts 6 to 9 ¾ cents higher. Some deferred contracts were...

Axios

Energy woes deepen as Trump team looks to soften blow

Oil and gasoline prices are marching upward again Friday, even as Trump administration officials seek ways to get more barrels into the market.

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The Guardian - UK

BP’s new boss will take home at least £11.7m this year, more than double her predecessor

Meg O’Neill will be first woman to serve as CEO of 117-year-oil firm when joining from Woodside Energy in April

Kiplinger

Walmart Is No Longer the Cheapest Grocery Store – Here's the Chain That Beat It

If you're looking for the lowest prices on groceries, Walmart might not be your best bet anymore.

Evening Standard

Oil prices head for biggest weekly gain since 2020 as shipping nears standstill

The price of Brent crude oil was rising on Friday to surpass 87.5 US dollars a barrel on Friday morning.

The Independent UK

Energy markets ‘in turmoil’ due to Middle East conflict as major suppliers ditch fixed-price tariffs

Wholesale gas prices have almost doubled since Saturday

Barchart

S&P Futures Slip as Bond Yields Climb After Jump in Oil, Key U.S. Jobs Report in Focus

March S&P 500 E-Mini futures (ESH26) are trending down -0.53% this morning as Treasury yields continued to rise after another surge in oil prices stoked concerns that the Middle East conflict would drive inflation higher.

Euronews

US and Venezuela to reestablish diplomatic relations after Maduro's ouster

The US and Venezuela have decided to restore diplomatic ties after nearly a decade, aiming for a peaceful democratic transition and closer cooperation on mining and oil, according to the US State Department.

Evening Standard

Over 4,500 vehicles in the UK are affected by an engine oil temperature issue that could result in engine failure

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