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The Latest Breaking News from Oil

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...

Barchart

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

AAP

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.

Fortune

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read the most diverse news in one place.

Never Leave This on Your Kitchen Counter — Fire Inspectors Say It’s the #1 Cause of House Fires

The kitchen smells like dinner, the phone starts buzzing, and suddenly a pot boils over while a towel sits inches from a hot burner. Fire inspectors across the United States say that exact setup causes thousands of house fires every year. Dish towels, paper towels, oven mitts, food packaging, and…

Clever Dude

Saudi Arabia March crude exports drop to lowest on record, JODI says

Saudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets. This conflict disrupted key shipping routes, affecting oil flows from the Gulf. Saudi Arabia is facing challenges in delivering its crude to international markets. Global oil demand forecasts have…

The Economic Times

Ukraine ally Britain eases new sanctions on Russian oil as fuel prices surge over Iran war

The U.K. government has quietly delayed some new sanctions on Russian oil to help Britons cope with rising costs from the Iran war

AAP

This is why easing Russia’s oil sanctions is a gut punch to Ukraine

COMMENT: The PM’s decision to ease oil sanctions on Russia will kill Ukrainians and enfeeble Britain, and is a stain on the national reputation, writes world affairs editor Sam Kiley, who has spent more than 11 years covering the region

The Independent UK

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Edible oil industry body calls for boosting output, adopting modern farming amid West Asia crisis

India's edible oil imports are a significant economic concern. The Solvent Extractors' Association of India urges increased domestic oilseed production and smarter consumption. These steps are vital for national economic and strategic resilience. The industry seeks policy support to navigate global disruptions and currency fluctuations. Focusing on self-sufficiency offers a…

The Economic Times

India bonds gain on foreign-bank buying as oil cools

The benchmark 6.48% 2035 bond yield dipped 3.4 basis points to end at 7.0761%, easing ‌the most in ⁠two weeks. ⁠Bond yields move inversely to prices.

The Economic Times

Are Markets Really Safe Yet? Iran War Decision on Hold—Why Investors Are Still Not Out of the Woods

The temporary pause in military action against Iran has eased immediate fears, but investors remain wary due to unresolved geopolitical tensions and market volatility.

International Business Times UK

How to turn leftover cooked new potatoes into a spicy Indian snack – recipe

Leftover new potatoes – if there are any – are a gift of the season. Try them in these samosas

The Guardian - UK

Keir Starmer defends Russian sanctions regime as changes come under fire

SANCTIONS on Russian oil have not been lifted "in any way whatsoever", the Prime Minister has insisted amid fury after rules were relaxed…

The National (Scotland)

Governments worldwide shield households from rising energy costs

Nations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel conservation measures. Some are increasing domestic production and seeking external financing in an effort to stabilize markets and ensure energy security amidst ongoing global conflicts.

The Economic Times

Keir Starmer insists no lifting of Russian oil sanctions following criticism

A trade licence which allows for the import of jet fuel and diesel refined in third countries came into effect on Wednesday.

Evening Standard

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The Economic Times

India's infrastructure output grows 1.7% in April; cement, steel, electricity lift core sectors

India's core infrastructure output saw a 1.7% growth in April 2026. Cement, steel, and electricity production expanded strongly. However, coal, crude oil, natural gas, refinery products, and fertilisers experienced contractions. For the full fiscal year 2025-26, cumulative growth reached 2.7%.

AAP

Wall Street points toward gains as oil prices fall and bond yields ease

U.S. markets were poised to open with gains as bond prices eased and oil prices fell

The Economic Times

US waiver unlikely to lift Russian oil exports already near capacity

The US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure is already at its limit, with recent Ukrainian strikes pushing more crude to export markets. Elevated export levels are crucial for Russia to maintain production, but capacity is nearing its…

Barchart

Nasdaq Futures Climb as Bond Yields Fall, Nvidia Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM26) are trending up +0.69% this morning as sentiment improved after Treasury yields retreated from multiyear highs, with attention now turning to an earnings report from chip giant Nvidia.

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news in one place.

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The National (Scotland)

Fury as Labour roll back Russian oil sanctions while 'killing Scotland's North Sea'

A UK Government minister repeatedly ducked questions as he was confronted about Labour relaxing sanctions on Russian oil.

Tom’s Guide

Forget bleach — this vinegar hack deep cleans the grimiest part of your toilet and makes it smell fresh too

The genius reason cleaning experts spray vinegar around their toilet, and why you should do it too.

AAP

Putin and Xi hail their high-level ties and growing energy trade as they meet in Beijing

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

The Economic Times

Stock market rebounds: Sensex recovers 790 points from day’s low, Nifty closes above 23,650

Indian stock markets staged a strong recovery, erasing morning losses. The Sensex and Nifty closed higher as oil prices dropped below $110 per barrel. Bond yields also eased from record highs. Investor sentiment improved broadly across market segments. The Indian Rupee, however, hit a fresh record low against the US…

The Independent UK

UK government’s Russian oil sanction decision explained as Starmer faces criticism

IN FULL

MarketBeat

Ithaca Energy Q1 Earnings Call Highlights

Ithaca Energy (LON:ITH) reported what executives described as a strong first quarter of 2026, with production in line with full-year guidance, robust cash generation and an outlook for shareholder returns trending toward the high end of its target range. Executive Chairman Yaniv Friedman said the c

The Economic Times

Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’

India faces significant external sector challenges due to rising oil prices, foreign investor exits, and a weakening rupee. Chief Economic Advisor V. Anantha Nageswaran describes this as a "live balance of payments stress test," highlighting pressure on imports, currency stability, and foreign exchange flows. The situation is exacerbated by heavy…

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