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The Latest Breaking News from Oil

I Tried the ‘Oil’ Manicure Trend, and My Nails Look Like They've Just Had a Facial

It's basically skincare for nails

Marie Claire

Hopes rise for US-China tariff breakthrough as White House confirms Trump to meet Xi Jinping

Asian shares rise after confirmation of meeting reduced uncertainty around trade tensions between world’s two biggest economies

The Independent UK

Asian Stocks Rally As Traders Cheer Trump-Xi Meeting Plan

Asian markets rallied Friday after the White House confirmed President Donald Trump would meet China's Xi Jinping next week, stoking optimism for a cooling of trade tensions between the economic superpowers.

International Business Times

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Investors pull back as shares edge higher for the week

Australian shares are in something of a holding pattern, as investors await key US inflation data and developments in ongoing global trade disputes.

AAP

Starmer urges Ukraine’s allies to provide more long-range weapons to strike back at Russia

Prime minister will announce that a UK missile-building programme has been accelerated to deliver an extra 140 air defence missiles this winter

The Independent UK

White House approves increased oil and gas drilling in Alaska’s national wildlife refuge

National Petroleum Reserve lease sales and permitting for road through Izembek wildlife refuge were also approved

The Guardian - US

Soybeans Rally on Thursday Ahead of Trump/Xi Meeting Next Week

Soybeans saw 10 to 13 cent gains across most contracts on Thursday. November options expire on Friday. The cmdtyView national average Cash Bean price was 10 3/4 cents higher at $9.75 1/4. Soymeal futures were up 30 cents to $2.30 on the day, with some back months lower. Soy Oil...

Barchart

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Corn Hits One Month High on Thursday

Corn futures are trying to creep back higher, as Thursday trade saw things close with 5 to 6 cent gains. Spill over support from double digit gains in wheat and soybeans, as well as $3.25/barrel gains in crude oil. The CmdtyView national average Cash Corn price was up 5 cents...

Barchart

Cotton Pops Higher on Thursday

Cotton futures closed the Thursday session with contracts 25 to 33 point gains. Crude oil was up another $3.25/barrel, following increasing US sanctions on Russian oil companies and reports that Chinese buyers are limiting purchases. The US dollar index was up $0.037 to $98.710. The Wednesday online auction from The...

Barchart

Trump administration finalizes plan to open pristine Alaska wildlife refuge to oil and gas drilling

The Trump administration has finalized a plan to open the coastal plain of Alaska’s Arctic National Wildlife Refuge to oil and gas drilling, renewing long-simmering debate over whether to drill in one of the nation’s most sensitive wilderness areas

The Independent UK

Stocks Rally on Strength in Energy Shares and US-China Trade Hopes

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.88%. December E-mini S&P futures (ESZ25 ) rose +0.58%, and December E-mini Nasdaq futures...

Barchart

Honeywell Leads Dow Higher: Stock Market Today

Oil prices got a lift after the Treasury Department announced new sanctions on Russia's two largest oil companies.

Kiplinger

This 1 Little-Known Energy Stock Is Pivoting to Data Centers – and It’s Got Big Ties to Trump

Liberty Energy used to be run by Trump’s Energy Secretary, Chris Wright, and is now hopping on the data center boom.

Barchart

Crude Oil Surges 5%; American Airlines Shares Jump After Q3 Results

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining 1% on Thursday.

Benzinga

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Barchart

Crude Prices Soar on US and EU Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) on Thursday closed up +3.29 (+5.62%), and December RBOB gasoline (RBZ25 ) closed up +0.0636 (+3.52%). Crude oil and gasoline prices rallied sharply on Thursday for a second day, with crude posting a 2-week high and gasoline posting a 3-week high. Crude prices surged...

Roll Call

Senators propose ‘Russia Week,’ but Trump's stance unclear - Roll Call

Leading Senate Republicans want to vote on bills to pressure Russia in Ukraine peace talks, but it’s not clear if Trump will go along.

International Business Times

US Oil Giants Produce Mainly At Home But Send More Tax Dollars Overseas

US fossil fuel giants produce most of their oil and gas domestically but pay billions more in taxes overseas than they do at home because of subsidies that have only grown during President Donald Trump's second term, a report said Thursday.

The Independent UK

David Ellison has ‘Trump card’ in Paramount’s pursuit to take over Warner Bros. Discovery

‘Trump's implicit support for the deal is their number one talking point,’ an Ellison adviser told CNN this week.

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Barchart

Sugar Prices Settle Higher as Crude Oil Surges

March NY world sugar #11 (SBH26 ) on Thursday closed up +0.19 (+1.26%), and December London ICE white sugar #5 (SWZ25 ) closed up +3.30 (+0.76%). Sugar prices settled higher on Thursday after a sharp rally in crude oil prices sparked short-covering in sugar futures. Crude oil (CLZ25 ) surged...

The Independent UK

Trump's turnaround on sanctions targets Russia's oil companies that fund the war in Ukraine

U.S. President Donald Trump has done a turnaround on sanctions against Russia, taking aim at Russia's two biggest oil companies and the billions of dollars they reap for Moscow's war against Ukraine

The Independent UK

Europe must go further and faster to break Russia’s war machine

THE INDEPENDENT VIEW: Editorial: Donald Trump’s sanctions on Russian oil are a welcome shift from a changeable president – but Ukraine needs its European allies to do much more to hit Putin where it hurts

International Business Times

US And EU Sanctions On Russian Oil And Gas: What Do We Know?

The United States on Wednesday hit Russia's two biggest oil producers -- Rosneft and Lukoil -- with sanctions, the first against Russia since US President Donald returned to office.

Barchart

Corn Trading Higher at Midday

Corn futures are trading with 1 to 3 cent gains across most contracts on Thursday. Support is spilling over from a crude oil rally. The CmdtyView national average Cash Corn price is up 2 cents at $3.84 1/4. USDA again delayed the weekly Export Sales report due to the ongoing...

Barchart

Cotton Rallying on Thursday with Outside Support

Cotton futures are trading with 38 to 43 points higher at midday. Crude oil is up another $3.25/barrel, following increasing US sanctions on Russian oil companies and reports that Chinese buyers are limiting purchases. The US dollar index is up $0.152 to $98.825. The Wednesday online auction from The Seam...

Barchart

Soybeans Rallying at Thursday’s Midday

Soybeans are 8 to 10 cents higher across most contracts on Thursday. November options expire on Friday. The cmdtyView national average Cash Bean price is 8 1/4 cents higher at $9.73 3/4. Soymeal futures are up $1.10 on the day, with Soy Oil 90 to 95 points higher, supported by...

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