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The Latest Breaking News from Oil

UK data watchdog writes to Meta over ‘concerning’ claims intimate footage filmed on smart glasses viewed by outsourced workers

Outsourced workers who are training the glasses’ AI claim they have been asked to watch videos of people having sex or on the toilet, it has been reported

The Independent UK

Cotton Closes Mixed on Thursday

Cotton Closes Mixed on Thursday

Cotton futures rounded out Thursday with missed trade as most contracts were down 18 to 4 points higher and soon to expire March up 87 points. Thursday. Crude oil was up $4.23 on the day to $78.89. The US dollar index was back up $0.300 at $99.030. USDA Export Sales...

Corn Rally on Thursday with Crude Oil Gains

Corn Rally on Thursday with Crude Oil Gains

Corn futures closed out Thursday trade with most contracts 6 to 9 ¾ cents higher. Some deferred contracts were steady to 4 ¾ cents in the green. Excellent Export Salse data and a crude oil market rallying $4.23 provided some support. The CmdtyView national average Cash Corn price was up...

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Soybeans Join the Thursday Rally, with Bean Oil Paving the Way

Soybeans were higher on Thursday led by the bean oil market, as the raw beans were up 3 to 9 ¾ cents at the close, led by the nearbys. The cmdtyView national average Cash Bean price was up 9 3/4 cents at $11.05 1/2. Soymeal futures were 50 cents to...

The U.S. just seized 1,000 kilos of Venezuelan gold — and the deal comes with a twist

This is not an everyday trade agreement.

We Got This Covered

Iran targets Azerbaijan with drones and bombs Gulf tankers. Now the war is dragging in countries that never signed up

The Gulf is on fire.

We Got This Covered

Stocks Finish Lower as War Rages in the Middle East

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.56%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. March E-mini S&P futures (ESH26 ) fell -0.60%, and March E-mini Nasdaq futures...

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Oil Surges Above $80 Per Barrel As Escalating Iran War Threatens Global Fuel Supplies

Oil Surges Above $80 Per Barrel As Escalating Iran War Threatens Global Fuel Supplies

U.S. crude oil prices surged past $80 per barrel this week as escalating military conflict involving Iran disrupted global energy supply chains.

International Business Times

White House In Crisis Mode As Gas Prices Surge, Iran War Widens And Americans Left Stranded Overseas

White House In Crisis Mode As Gas Prices Surge, Iran War Widens And Americans Left Stranded Overseas

The escalating conflict with Iran is causing global oil shocks, diplomatic crises, and economic disruptions, affecting energy markets and American citizens abroad.

International Business Times UK

US closes embassy in Kuwait after Iranian strikes as war spreads across Gulf

US closes embassy in Kuwait after Iranian strikes as war spreads across Gulf

Amidst escalating Middle East tensions, the US Embassy in Kuwait has shut down following Iranian missile and drone strikes. These attacks, which killed six American soldiers and damaged the embassy, have spread to other Gulf capitals like Doha and Bahrain, disrupting air travel and oil shipments.

The Times of India

Crude Oil Prices Surge as Iran War Upends Global Crude Flows

Crude Oil Prices Surge as Iran War Upends Global Crude Flows

April WTI crude oil (CLJ26 ) on Thursday closed up +6.35 (+8.51%), and April RBOB gasoline (RBJ26 ) closed up +0.1560 (+6.20%). Crude oil and gasoline prices soared on Thursday, with crude posting a 19.5-month nearest-futures high and gasoline posting a 1.75-year high. Crude prices continue to climb as the...

Stock market falls resume as US-Israel war with Iran drives up oil and gas prices

Stock market falls resume as US-Israel war with Iran drives up oil and gas prices

FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%

The Guardian - UK

Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?

Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?

Conflict between the United States, Israel and Iran has now led to the effective closure of the Strait of Hormuz, a key shipping route through which a fifth of the world’s oil passes.

The Conversation

Persian Gulf desalination plants could become military targets in regional war

Persian Gulf desalination plants could become military targets in regional war

Saudi Arabia, the United Arab Emirates and neighboring countries in the Persian Gulf region use the fossil fuels under their desert lands not only to make money, but also to make drinking water. The petroleum they produce powers more than 400 desalination plants, which turn seawater into drinkable water.

The Conversation

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Zelenskyy says Druzhba pipeline could be restored ‘in month and a half’ as he hits back at Orbán

"Ukraine can repair the Friendship oil pipeline in a month or a month and a half, although it sees no technical or safety reason to do so," Zelenskyy said. "I will be frank: my position, which is shared with European leaders, is that I would not repair the pipeline."

An Oil Price Shock Is Hitting Royal Caribbean Stock. Why These 2 Unusually Active Options Are Precisely What You Need Now.

Royal Caribbean Cruises, like all cruise operators, is deeply concerned about rising oil prices resulting from the Iran war. In yesterday’s options trading, RCL had two unusually active options in the top 20. Here’s why long-term shareholders should consider them.

Soybeans Rallying on Thursday, with Bean Oil Strength

Soybeans are 7 to 8 cents in the green on Thursday, as the bean oil rally continues. There were another 244 deliveries issued overnight. The cmdtyView national average Cash Bean price is yp 7 1/2 cents at $11.03 1/4. Soymeal futures are steady to 30 cents lower on the day,...

Corn Rallying on Thursday with Outside Support and Solid Export Business

Corn futures are trading with 6 to 8 ¼ cent gains across most contracts on Thursday’s midday. Crude oil is nearing the $80 level, up $4.78 at midday and providing some spillover support. The CmdtyView national averageCash Corn price is up 7 1/4 cents to $4.10 1/2. Export Sales data...

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Cotton Falling lower on Thursday

Cotton futures are down 15 to 28 points across most contracts on Thursday. Crude oil is up $4.90 on the day to $79.56. The US dollar index is back up $0.510 at $99.240. USDA Export Sales data from this morning showed 150,362 RB of old crop cotton sold in the...

Soaring Crude Oil Prices Push Sugar Higher

May NY world sugar #11 (SBK26 ) today is up +0.08 (+0.58%), and May London ICE white sugar #5 (SWK26 ) is up +0.60 (+0.15%). Sugar prices recovered from early losses today and pushed higher, supported by soaring crude oil prices. WTI crude oil (CLJ26 ) surged to a 13.5-month...

Evening Standard

Early gains evaporate as oil price rise resumes

Financial markets continue to be rattled by the Iran conflict, which entered its sixth day with seemingly no immediate prospect of resolution.

Evening Standard

Michelle O’Neill says DUP acting as ‘cheerleaders’ for war amid rising oil costs

The First Minister said the parties can work ‘together whilst having a very different approach to what’s happening internationally’.

Radio France Internationale

With oil once again a weapon in the Middle East, is clean energy the key to peace?

By closing the Strait of Hormuz and attacking oil and gas facilities in Gulf countries, Tehran is driving up hydrocarbon prices. But renewable energy – largely dominated by China – is not immune to the effects of geopolitical tensions either.

Resident Evil Requiem's ending might finally solve the series' biggest problem

Spoilers ahead as I breakdown what the ending of Requiem might mean for Resident Evil 10

The Independent UK

Zelenskyy says he's reluctant to repair pipeline that brings Russian oil to Central Europe

President Volodymyr Zelenskyy says he would rather not repair a damaged pipeline that carries Russian oil to Central Europe

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