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The Latest Breaking News from Oil

Sugar Prices Erase Early Gains as Crude Oil Prices Plunge

July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.28 (-1.87%), and Aug London ICE white sugar #5 (SWQ26 ) closed unchanged. Sugar prices gave up an early advance today and settled mostly lower. Sugar prices came under pressure after crude oil prices (CLN26 ) plunged by more...

Barchart

70-Foot Wastewater Geyser Reflects New Mexico’s Latest Oilfield Challenge

It’s a towering example of the contentious debate over what to do with the state’s ever-growing supply of oilfield waste.

Capital & Main

Oil Plummets As Hopes For An Iran Deal Rise After Trump's Remarks About Talks Being In 'Final Stages'

Oil prices fell sharply on Wednesday after President Donald Trump said talks with Iran to end the war are in their "final stages."

International Business Times

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US military boards Iranian-flagged oil tanker suspected of trying to breach blockade

The U.S. military says it boarded an Iranian-flagged commercial oil tanker in the Gulf of Oman that was suspected of trying to violate the American blockade

The Independent UK

Scalp Care Is Key in 2026—These Are the Best Solutions, According to Our Marie Claire UK Hair Awards Judges

Hair health starts at the root

Marie Claire

These Formula Pioneers Earned Top Marks From Our Judges at the 2026 Marie Claire Hair Awards

Only the most cutting-edge of innovations

Marie Claire

The Best Repair Products of 2026, as Voted by Our Marie Claire Hair Awards Judges

From bond repair to expert-approved masks

Marie Claire

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Cotton Back to Mixed Trade at Wednesday’s Midday

Cotton futures are trading with contracts down 53 points to 3 points higher in the front months. The US dollar index is $0.211 higher at $99.055. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages. The Cotlook A Index was...

Barchart

Corn Facing Crude Oil Pressure on Wednesday

Corn futures are trading with 10 to 11 cent losses in the front months on Wednesday. The CmdtyView national average Cash Corn price is down 10 3/4 cents to $4.24 1/4. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages....

Barchart

Soybeans Slipping on Wednesday, on Outside Pressure

Soybeans are trading with contracts 9 to 11 ¼ cent losses so far on Wednesday. The cmdtyView national average Cash Bean price is down 10 1/2 cents at $11.36 1/2. Soymeal futures are down $1.70 to $2 on the day, with Soy Oil futures 70 to 90 points lower. Crude...

Barchart

Ukrainian MP says lifting sanctions on Russian oil puts ‘question mark’ over friendship with UK

The Ukrainian MP said the decision told Russia that ‘everything can be bought and everything is for sale’

The Independent UK

Slumping Crude Oil Undercuts Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is down -0.25 (-1.67%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.10 (+0.02%). Sugar prices gave up an early advance today and are trading mixed. Sugar prices came under pressure after crude oil prices (CLN26 ) plunged by...

Barchart

US stocks rally as pressure eases from the bond market and oil prices fall

The U.S. stock market is bouncing back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

AAP

Walmart Stock Looks Quite Risky Heading Into Q1 Results

Higher oil prices and the K-shaped economy are negative catalysts for WMT stock.

Barchart

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Barchart

Crude Oil Prices Tumble on Hopes the Iran War Could Soon End

July WTI crude oil (CLN26 ) today is down -4.43 (-4.25%), and July RBOB gasoline (RBN26 ) is down -0.1264 (-3.54%). Crude oil and gasoline prices are falling sharply today on optimism that diplomacy may finally end the Iran war and reopen the Strait of Hormuz. Crude prices remained sharply...

AAP

US stocks bounce back after pressure eases from the bond market and oil prices fall

The U.S. stock market is bouncing back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

The Times of India

UK quietly eases Russian oil sanctions as petrol prices climb to highest since 2022 amid Iran conflict

Britain is recalibrating its approach to Russian oil imports by introducing restrictions on refined products at a measured pace. This strategy, driven by escalating energy market volatility linked to conflicts in the Middle East and climbing fuel prices, seeks to mitigate the risk of abrupt supply shortages.

Euronews

EU vows to stand firm on Russia as UK scrambles to explain sanctions decision

Brussels is testing the waters with G7 allies to introduce a full ban on maritime services for Russian oil tankers. But recent decisions taken by the US and the UK suggest an uphill struggle to secure the green light.

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Barchart

Stocks Rally as Crude Oil and Bond Yields Slump

The S&P 500 Index ($SPX ) (SPY ) today is up +0.78%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.24%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures...

Bangkok Post

UK eases sanctions on Russian jet fuel and diesel

LONDON - British Prime Minister Keir Starmer has defended a contentious move to ease sanctions on imports of Russian jet fuel and diesel as the Middle East war causes prices to spiral.

AAP

US stocks recover as pressure eases from the bond market and oil prices fall

The U.S. stock market is recovering after pressure eased on Wall Street from the bond market and oil prices gave up some of their big gains

Barchart

Dollar Erases Early Gains as Crude Prices Fall and Stocks Rally

The dollar index (DXY00 ) fell from a 6-week high today and is down by -0.09%. The dollar gave up an early advance today and moved lower after crude oil prices fell by more than -2%, which lowered inflation expectations and could prompt the Fed to ease monetary policy, a...

Barchart

Stocks Climb on Lower Bond Yields and Chipmaker Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.27%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.55%. June E-mini S&P futures (ESM26 ) are up +0.26%, and June E-mini Nasdaq futures...

AAP

Putin and Xi hail their friendship and growing energy trade at their meeting in Beijing

Chinese leader Xi Jinping and Russian President Vladimir Putin have hailed their strategic ties and energy trade during a meeting in Beijing

Fortune

Current price of oil as of May 20, 2026

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

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