The Latest Breaking News from Oil

Loopholes in Australia's sanctions regime against Russia are inadvertently propping up Russia's war in Ukraine as profits from spliced oil flow back to Moscow.

Iran has temporarily closed parts of the Strait of Hormuz, one of the world’s most critical energy chokepoints, as tensions with the United States escalate. Iranian state and semi-official media reported live-fire naval drills in the narrow waterway, with missiles launched from inside Iran and along its coast reportedly striking…

President says military discussed issues seriously but ‘sensitive political matters’ not addressed properly

Conservation organizations and an Iñupiat group have filed legal challenges to the Trump administration’s renewed push for oil and gas development in the National Petroleum Reserve-Alaska and an upcoming lease sale

Five years after Warren Buffett sold off all of Berkshire Hathaway’s newspapers and predicted unending declines for the industry, Berkshire disclosed a new $350 million investment in the New York Times on Tuesday

A small clutch of Democratic legislators once again sinks a plan to dramatically reduce the state’s greenhouse gas emissions.

Soybeans rounded out the Tuesday session with contracts fractionally to 1 ¼ cents higher. The cmdtyView national average Cash Bean price was up 1 1/4 cents at $10.68 1/2. Soymeal futures were a dime to $3.40 lower in the front months, with Soy Oil futures 21 to 44 points higher....

Cotton futures fell back 45 to 60 points in the front months on Tuesday. Crude oil futures were down 59 cents per barrel on the day at $62.30. The US dollar index was up $0.206 to $97.025. The Seam showed sales of 4,895 bales sold on 2/13, averaging 56.79 cents/lb....

March WTI crude oil (CLH26 ) on Tuesday closed down -0.56 (-0.89%), and March RBOB gasoline (RBH26 ) closed up +0.0034 (+0.18%). Crude oil and gasoline prices settled mixed on Tuesday, with crude falling to a 2-week low. Tuesday's rally in the dollar index ($DXY ) to a 1-week high...

Cotton futures are down 30 to 50 points across most front months on Tuesday. Crude oil futures are down 70 cents per barrel on the day at $62.19. The US dollar index is down $0.371 to $97.190. CFTC data showed a total of 3,856 contracts added to the spec net...

Soybeans are trading with contracts up 2 to 3 ¼ cents at midday. The cmdtyView national average Cash Bean price is up 3 1/2 cents at $10.71 3/4. Soymeal futures are $1.60 to $2.20 lower, with Soy Oil futures 10 to 21 points lower. NOPA stocks are an issue. NOPA...