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The Latest Breaking News from Oil

Soybeans are slipping 2 to 5 ½ cents lower in most contracts on Monday. The cmdtyView national average Cash Bean price is down 5 1/2 cents at $10.58 3/4. Soymeal futures are down $4.30 to $5.20 in the front months, with Soy Oil futures down 4 to 8 points higher....

Barchart

Cotton Holding Firm on Monday

Cotton futures are trading with 5 to 15 point gains, with July the exception, down 25 points at midday. The US dollar index is down $0.106 at $99.94. Crude oil us up 79 cents so far on the day. Weekly CFTC data showed spec funds trimming 1798 contracts from their...

Barchart

US warplane strikes, disables oil tanker near Oman; crew of 24 Indians evacuated

An unladen oil tanker, MT Marivex, carrying 24 Indian crew members, was disabled and caught fire in the Gulf of Oman following a US military action. The US stated an F/A-18 Super Hornet fired a precision munition after the vessel allegedly violated a blockade of Iran's ports and ignored directions.…

The Times of India

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US confirms military action on vessel that violated Iran port blockade

United States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military fired a munition into the ship after crew failed to comply. The ship is no longer sailing to Iran. All 24 Indian crew members are safe…

The Economic Times

Sanctioned vessel hit by US strike, 24 Indian crew members evacuated

An unladen oil tanker, MT MARIVEX, carrying 24 Indian crew members, caught fire near Oman. All seafarers were safely evacuated with Omani assistance. Sources suggest the Palau-flagged vessel, blacklisted by the US OFAC, was attempting to evade a US blockade when it became disabled. Investigations are ongoing to determine the…

The Times of India

Crude Oil Strength Lifts Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is up +0.02 (+0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.30 (+0.07%). Sugar prices are slightly higher today amid strength in crude oil. WTI crude oil (CLN26 ) is up more than +1% today, boosting ethanol prices...

Barchart

Renewed Middle East Hostilities Boost Crude Oil Prices

July WTI crude oil (CLN26 ) today is up +1.31 (+1.45%), and July RBOB gasoline (RBN26 ) is up +0.0450 (+1.48%). Crude oil prices are moving sharply higher today amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...

Barchart

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Stocks Rally as Buyers Return After AI-Led Selloff

The S&P 500 Index ($SPX ) (SPY ) today is up +1.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.39%. June E-mini S&P futures (ESM26 ) are up +1.00%, and June E-mini Nasdaq futures...

Barchart

Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4

The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with average household consumption. Previously, beneficiaries received twelve cylinders. A subsidy of Rs 300 per cylinder is still provided. This change follows recent LPG price increases.

The Economic Times

3 Energy Stocks Built for the AI Power Boom—And Beyond

Marc Lichtenfeld highlights HAL, CVX, and HASI as energy stocks positioned to benefit from AI-driven electricity demand growth forecast at 3.5% annually through 2030.

MarketBeat

Why is the US stock market rallying big today? Dow Jones, S&P 500 and Nasdaq surge on AI boom — Nvidia and Intel jump as Nasdaq significantly outperformed both the Dow and S&P

US Stock Market Rallies Monday as Tech Leads Rebound After Friday's Selloff: The Dow Jones Industrial Average climbed above 51,000. The S&P 500 advanced nearly 1%. The Nasdaq gained more than 1.5%, leading the rebound. Intel soared 11% on a major Google AI chip order, while Nvidia and Micron climbed…

The Economic Times

The Crunch: Disappearing Aussie music, mouse plagues and the secrets of traffic lights

We’ve charted the Australian charts. Plus: how AI may have been unfairly blamed for killing off entry-level jobs

The Guardian - AU

China's Reduced Oil Imports Have Helped Keep Prices In Check, But That Won't Last Much Longer: Analysts

China's reduced oil imports have helped keep prices in check, but that won't last much longer, according to analysts cited in a new report.

International Business Times

9 Plants That Can Help Lower Backyard Mosquito Populations Naturally

A backyard can quickly turn uncomfortable when mosquitoes start swarming at dusk, but nature offers a surprisingly stylish solution. Certain plants release strong natural oils that confuse, repel, or deter mosquitoes from settling in. Gardeners can strategically place these plants around patios, seating areas, and garden edges for better outdoor…

Frugal Gardening

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The Guardian - UK

Will Iran give up on ceasefire talks as strait of Hormuz blockade continues?

Chokehold on shipping route draws Houthis in Yemen back into conflict as commenters see ‘no turning back’

AAP

AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs

Wall Street is clawing back some of its steep losses from last week

The Times of India

McDonald’s worker left in ICU after colleague throws scalding oil on him, mother launches fundraiser: 'The pain he’s experiencing...'

A routine shift at a McDonald’s restaurant turned horrific when a 20-year-old employee was doused with scalding hot oil by a co-worker in an unprovoked attack.

AAP

US stocks claw back some of the ground they lost on Friday

Wall Street is recovering a bit from its beat-down from Friday, as stocks swept up in the artificial-intelligence boom bounce back

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The Independent UK

How to grill vegetables and toss them in Isaac Toups’ bacon vinaigrette

New Orleans chef Isaac Toups says that to make vegetables taste amazing, try charring them on the grill and tossing them in a bacon vinaigrette

Euronews

Houthis join Iran war fight, threatening Red Sea shipping amid Hormuz closure

Yemen's Houthis declared a ban on Israeli shipping in the Red Sea and claimed a missile strike on Israel, with the Bab el-Mandeb and Hormuz blockades now simultaneously threatening roughly a third of the world's seaborne oil and gas.

The Economic Times

California shocker: McDonald’s worker left with second-degree burns on face, neck, arm, back after hot oil attack

A young McDonald's worker in Yuba City, California, is fighting for his life after a co-worker allegedly threw hot oil on him. The 20-year-old victim suffered severe burns and remains in intensive care. The accused, 23-year-old Jalani Bluett, has been arrested and faces felony charges. The motive behind the shocking…

The Independent UK

McDonald’s employee left in ‘excruciating’ pain with second-degree burns all over body after co-worker allegedly threw hot oil on him

A fundraiser for the injured McDonald’s manager has raised over $100,000 over the past two weeks

Fortune

Current price of oil as of June 8, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

International Business Times

Oil Plunges After Iran Announces End Of Military Action Against Israel

Oil retreated after Iran announced an end to its latest military actions against Israel on Monday.

Barchart

Cotton Back to Higher Trade to Start Monday

Cotton price action is trading with 20 to 56 points across the front months on Monday morning. Futures faced outside pressure on Friday, with contracts down 41 to 137 points across the board, with July falling 240 points. The US dollar index was up $0.643 at $100.025. Crude oil losses...

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