The Latest Breaking News from Oil

Rachel Visontay’s award winning Mediterranean porridge – recipe

The Pearly Spurtle champion for creative porridge shares her first-placed fig and olive oil oats

The Guardian - AU · Aug 13

Trump-Linked Oil Venture Delays Greenland Drilling Over Government Warning

The setback comes as President Donald Trump renews his push for U.S. control of Greenland and the Arctic territory maintains restrictions on new oil exploration.

International Business Times · Aug 13

Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEA

India's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline during the same period. Over nine months, vegetable oil imports rose, while edible oil imports increased by five percent. The import basket saw refined oil share drop…

The Economic Times · Aug 13

Cotton Facing Thursday Weakness

Cotton futures are trading with contracts 85 to 109 points lower across most months on Thursday. Crude oil is down $1.32 per barrel, with the US dollar index $0.054 lower. Export Sales showed a total of 778,939 RB carried over from the 2025/26 marketing year in the week of 8/6,...

Barchart · Aug 13

Soybeans Posting Firmer Midday Action

Soybeans are trading with contracts 2 to 5 cent gains at midday. The cmdtyView national average Cash Bean price is up 4 1/2 cents at $11.45 1/4. Soymeal futures are $2.60 higher on the day, with Soy Oil down 37 points. There were 26 deliveries against August soybeans overnight, with...

Barchart · Aug 13

This Obscure ETF Soared 1,750% on Hormuz Crisis: What Happens Next?

Forget artificial intelligence, semiconductors and leveraged tech bets. One of the most extraordinary ETF rallies of 2026 is coming from a corner of the market most investors rarely think about: crude oil tanker freight.

Benzinga · Aug 13

Crude Prices Undercut as Persian Gulf Tensions Ease Slightly

September WTI crude oil (CLU26) is down -0.83 (-1.00%), and September RBOB gasoline (RBU26) is down -0.0026 (-0.08%). Crude oil and gasoline prices are trading lower, with no overnight reports of new military attacks by the US or Iran in the Persian Gulf. Market concerns about the Middle East were...

Barchart · Aug 13

Riz Ahmed praises Digger co-star Tom Cruise for being ‘coach-like’ on set

Ahmed, 43, stars in the upcoming Alejandro Gonzalez Inarritu film which follows a chaotic oil tycoon whose company sets off an ecological disaster.

Evening Standard · Aug 13

The U.S.-Iran Stalemate Over The Strait Of Hormuz Continues. Oil Prices Are Edging Down Anyway.

Oil prices are edging down on Wednesday even though the stalemate over the Strait of Hormuz continues.

International Business Times · Aug 13

A British firm starts containment of oil spill from stricken tanker off Oman

A British maritime company has been hired to salvage a grounded Russian tanker off Oman and stop a spreading oil spill

The Independent UK · Aug 13