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The Latest Breaking News from Oil

Cotton Trading Mixed at Tuesday’s Midday

Cotton futures are trading with July down 9 points and other contracts up 30 to 38 points. December was down 258 points since last Friday. The US dollar index was $0.076 lower at $99.110. Crude oil is down $2.62 on the day to $93.97. CFTC data showed managed money adding...

Barchart

Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?

US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since a fragile ceasefire on April 8.

The Economic Times

ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%

Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended quarter. This growth was driven by a 4% increase in revenue from operations, reaching Rs 1,73,805 crore. The company also recommended a final dividend and approved a joint…

The Economic Times

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Sugar Prices Pressured by Weakness in Crude Oil

July NY world sugar #11 (SBN26 ) today is down -0.14 (-0.95%), and Aug London ICE white sugar #5 (SWQ26 ) is down -5.40 (-1.22%). Sugar prices are sliding today, with NY sugar falling to a 2.5-week low. Today's fall in crude oil prices (CLN26 ) to a 2.5-week low...

Barchart

Stocks climb but BP knocked by chairman’s sudden exit

The FTSE 100 closed up 25.13 points, 0.2%, at 10,491.39.

Evening Standard

Extensive cleanup underway in Los Angeles after pipeline burst sent 2,000 gallons of crude oil into river

More than 2,000 gallons of oil were released from the pipeline, according to a report

The Independent UK

Crude Oil Prices Fall on Hopes US-Iran War Near an End

July WTI crude oil (CLN26 ) today is down -2.28 (-2.36%), and July RBOB gasoline (RBN26 ) is down -0.1350 (-4.03%). Crude oil and gasoline prices are sharply lower today, with crude falling to a 2.5-week low and gasoline dropping to a 5-week low. Crude prices are under pressure amid...

Barchart

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S&P 500 and Nasdaq 100 Climb to Record Highs on Tech Stock Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. June E-mini S&P futures (ESM26 ) are up +0.77%, and June E-mini Nasdaq futures...

Barchart

BP’s latest scandal exposes serious mismanagement at heart of energy giant: ‘It’s total chaos’

Albert Manifold, who has been dismissed following ‘serious concerns’, is the latest member of senior personnel leaving the company abruptly over the past 20 years – and the shareholders don’t like it, writes Simon English

The Independent UK

AI Prompts Used by Expert Are Subject to Compelled Discovery

From Judge Thomas O. Farrish (D. Conn.) last Monday in Conservation Law Foundation, Inc. v. Shell Oil Co.: The defendants,… The post AI Prompts Used by Expert Are Subject to Compelled Discovery appeared first on Reason.com.

Reason

Methanol, pistachios and cement: the other Iranian exports being choked by the war

The war between Iran, the US and Israel has escalated into a major global crisis, with consequences that are reaching far beyond the Middle East. The closure of the Strait of Hormuz, through which around 25% of the world’s oil ordinarily passes, has rattled global energy markets.

The Conversation

LumenTale crafting guide – All cooking recipes and ingredients

Buon appetito!

Destructoid

Wall Street rises toward records as US stocks catch up to the world's gains from the day before

The U.S. stock market is rising as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP

Stocks Jump on US-Iran Peace Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.42%. June E-mini S&P futures (ESM26 ) are up +0.62%, and June E-mini Nasdaq futures...

Barchart

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AAP

Wall Street catches up to the gains made by other markets around the world the day before

International Business Times UK

Rubio Calls Iran's Hormuz Blockade Illegal — Warns It Will Reopen 'One Way or the Other' as US Strikes Iran Again

Marco Rubio stresses the importance of keeping the Strait of Hormuz open amid rising tensions with Iran, following recent US military strikes

Euronews

Oil steadies at $100 and markets stay volatile as US-Iran talks stall

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher. Markets remain volatile as US-Iran talks stall and President Trump reiterates nuclear demands.

The Economic Times

US stocks today: US stocks rise near record highs on Iran deal hopes, oil climbs

U.S. stocks rose Tuesday, catching up after a holiday, as optimism over U.S.-Iran talks lifted sentiment. The S&P 500, Nasdaq and Dow hovered near record highs, while oil prices climbed amid geopolitical tensions. Asian and European markets were mixed as investors weighed conflict risks against hopes of a diplomatic breakthrough.

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AAP

Oil giant BP ousts new chairman over 'conduct' and shares slide

BP has ousted its chairman over what it called serious concerns related to "important governance standards, oversight and conduct."

Fortune

Current price of oil as of May 26, 2026

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

The Independent UK

Russian businesses tell Putin they will fund their own air defences after surge in Ukrainian drone attacks

Ukrainian attacks have targeted Russian oil refineries and ports this year

inkl

Best Skin Supplements for Glowing and Healthy Skin

Sometimes the health of your skin is an indicator of the health of you as a whole, as in how you eat, sleep, hydrate, and how you treat yourself every day.

International Business Times

Asian And European Oil Markets Are Almost Depleted As Strait Of Hormuz Remains Closed, Strategist Says

Oil markets in Asia and Europe are almost depleted as the Strait of Hormuz remains closed, according to a veteran strategist.

The Independent UK

Limoncello, coconut oil and tequila combine for a margarita with tropical notes

Food writer J

The Guardian - UK

Oil price rises back above $100 a barrel as energy market may be past ‘point of no return’

Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’

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