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The Latest Breaking News from Oil

Hungary to mount court challenge to EU's planned phase-out of Russian energy, Orbán says

Hungary is heavily dependent on Russian fossil fuels and has sought exemptions and pledged to veto EU sanctions since Moscow's full-scale invasion of Ukraine in early 2022.

Euronews

A Man on the Inside to Landman – the seven best shows to stream this week

Ted Danson is still irresistible in the delightful detective caper, while Demi Moore and Billy Bob Thornton are back as terrifying big oil tycoons

The Guardian - UK

Fossil fuel lobbyists outnumber all Cop30 delegations except Brazil, report says

One in every 25 participants at 2025 UN climate summit is a fossil fuel lobbyist, according to Kick Big Polluters Out

The Guardian - US

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Plan for Australia’s largest carbon capture project near Darwin criticised as creating ‘dumping ground’

Climate advocates fear the project, proposed by Japanese oil and gas giant Inpex, would turn the area into the ‘world’s largest carbon dumping ground’

The Guardian - AU

Ukraine-Russia war latest: North Korea mass producing attack drones to aid Moscow’s invasion, says Kyiv

Deputy head of Ukraine’s Defence Intelligence reveals North Korea launches mass production of drones

The Independent UK

Trump Admin Reverses Biden-Era Limitations On Alaska Oil Drilling: Governor Calls It 'Step In The Right Direction'

The Trump administration on Thursday finalized its reversal of Biden-era limits on oil and gas development in Alaska, reopening more than 10 million acres of the National Petroleum Reserve in Alaska (NPR-A) to drilling as part of a broader effort to expand domestic energy production.

Benzinga

Reeves urged to cut windfall tax and not ‘sacrifice’ oil and gas workers

The Chancellor is due to deliver her budget later this month.

Evening Standard

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Cotton Extends Back Towards Contract Lows on Thursday

Cotton futures held onto the weakness on Thursday with losses of 28 to 40 points on the session. Crude oil futures were back up 10 cents per barrel to $58.59 on the day, with the US dollar index $0.304 lower to $99.070. Export Sales data was delayed more than a...

Barchart

How Bulk Buying Backfires: When the “Bulk Price” Isn’t Better

The math seems simple: buying in bulk always saves money. Warehouse clubs and the “Family Size” box have trained us to believe that a bigger package equals a better deal. But this grocery-saving “truth” is often just a marketing illusion. Stores know that shoppers associate bulk with value and will…

Grocery Coupon Guide

8 Foods That Used to Be Healthy Until Companies Changed the Recipe

Once upon a time, certain foods were staples of a healthy diet—simple ingredients, low sugar, and minimal processing. But as companies expanded, costs rose, and marketing took over, many once-wholesome products became shadows of their former selves. Today, shoppers face foods that look the same on the outside but are…

Grocery Coupon Guide

Crude Prices Gain on Dollar Weakness and Energy Demand Optimism

December WTI crude oil (CLZ25 ) on Thursday closed up +0.20 (+0.34%), and December RBOB gasoline (RBZ25 ) closed up +0.0043 (+0.22%). Crude oil and gasoline prices settled higher on Thursday, recovering some of Wednesday's sharp sell-off. Thursday's decline in the dollar index (DXY00 ) to a 2-week low sparked...

Barchart

California governor prepares to lecture world on environment. Then opponent exposes where the state’s oil really comes from

Gavin really thought no one would check his receipts.

We Got This Covered

Can Soybean Prices Continue to Rebound?

Soybean futures prices have recovered, rising from below $10 to over $11 per bushel. While trade is a critical factor for the oilseed in the current environment, the soybean futures market may have found a critical bottom during the 2025 growing season.

Barchart

Soybeans Rallying on Thursday

Soybeans are trading with 13 to 15 cent gains across most contracts on Thursday. The cmdtyView national average Cash Bean price is 14 1/2 cents higher at $10.75 1/2. Soymeal futures are up $7.70 to $8.20 in the nearbys on the day, with Soy Oil futures 29 points lower. Export...

Barchart

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Barchart

Cotton Slipping Back Lower at Midday

Cotton futures are showing Thursday weakness of 13 to 21 points so far on the session. Crude oil futures are back up 36 cents per barrel to $58.86 so far on the day, with the US dollar index $0.464 lower to $98.910. Export Sales data was delayed more than a...

Barchart

Crude Prices Climb on Dollar Weakness and Reopening of the US Government

December WTI crude oil (CLZ25 ) today is up +0.30 (+0.51%), and December RBOB gasoline (RBZ25 ) is up +0.0138 (+0.71%). Crude oil and gasoline prices are moving higher today, recovering some of Wednesday's sharp sell-off. Today's decline in the dollar index (DXY00) to a 2-week low has sparked some...

The Texas Tribune

Texas oil and gas regulators win new power to approve projects that shoot carbon underground

The EPA handed over power to the Railroad Commission after a two-year review. Critics say the commission has been too lax with the industry.

Marie Claire

I’m Shopping on a Budget—But These Under-$50 Beauty Gifts Feel Super Luxurious

Chic, luxurious, and wallet-friendly.

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The Independent UK

Heroic security guard haunted by Stade de France bomber 10 years on

Salim Toorabally’s actions on the night saved many lives

Benzinga

Chevron Maps Out Big 2030 Goals — From Faster Cash Flow To Stronger Production Growth

Chevron Corporation (NYSE:CVX) hosted its Investor Day 2025 on Wednesday, highlighting its long- and near-term outlook.

Barchart

Cotton Reverting Higher on Thursday AM Trade

Cotton price action is steady to 12 points higher early on Thursday. Futures closed with losses of 50 to 58 points across the front months on Wednesday. Crude oil futures were down $2.56/barrel to $58.48 so far on the day, with the US dollar index $0.084 higher to $99.400. The...

The Guardian - UK

Oversupply of oil could create glut of 4m barrels a day, says energy watchdog

Warning comes as scenario in which global demand continues to grow until 2050 is included in IEA outlook report

The Guardian - AU

Ukraine war briefing: Fire sale of Lukoil assets before start of US sanctions on Russia

Foreign properties may be nationalised if Lukoil doesn’t sell, or the proceeds frozen if it does; Zelenskyy grapples with corruption scandal fallout. What we know on day 1,359

The Conversation

The world’s carbon emissions continue to rise. But 35 countries show progress in cutting carbon

Global fossil fuel emissions are projected to rise in 2025 to a new all-time high, with all sources – coal, gas, and oil – contributing to the increase.

Barchart

Cotton Heads Lower on Wednesday

Cotton futures closed with losses of 50 to 58 points across the front months on Wednesday. Crude oil futures were down $2.56/barrel to $58.48 so far on the day, with the US dollar index $0.084 higher to $99.400. The Tuesday online auction from The Seam showed 6,583 bales sold with...

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