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The Latest Breaking News from Oil

Dollar Recovers on Conflicting US-Iran Peace Plans

The dollar index (DXY00 ) on Wednesday rose by +0.03%. The dollar recovered from early losses on Wednesday and posted modest gains on conflicting signals about prospects for a US-Iran deal to end the war and reopen the Strait of Hormuz. Iranian television said it obtained an unofficial draft of...

Barchart

Crude Oil Prices Sink as Hormuz-Reopening Talks Continue

July WTI crude oil (CLN26 ) on Wednesday closed down -5.21 (-5.55%), and July RBOB gasoline (RBN26 ) closed down -0.0798 (-2.54%). Crude oil and gasoline prices on Wednesday fell sharply for a second day, with crude posting a 5-week low and gasoline posting a 6-week low. Crude prices are...

Barchart

8 Pantry Staples That Could Start Disappearing From Shelves in the Next 30 Days

If you’ve walked into a grocery store lately and noticed gaps where your favorite pantry items used to be, you’re not imagining things. Short-term shortages don’t always mean a national crisis, but seasonal demand, weather problems, global supply disruptions, and sudden buying trends can empty shelves fast. Smart shoppers aren’t…

Budget and the Bees

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Wall Street hangs near its records as oil prices sink

U.S. stocks are hanging near their records as oil prices fall

AAP

BC-OILS

NEW YORK (AP) — Futures trading on the New York Mercantile Exchange Wednesday:

AAP

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold hits two-month low as inflation fears rise

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold prices dropped to a two-month low after investors reacted to inflation concerns, rising oil prices, and expectations of interest rate hikes by the US Federal Reserve. Silver prices also declined…

The Economic Times

Did Texas Republicans’ Restive Runoffs Imperil Their November Ballot?

In almost all cases, the most problematic, extremist, unqualified, and Trumpian candidate won the day.

Texas Observer

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Cotton Facing Wednesday Midday Pressure

Cotton futures are trading with contracts down 55 to 65 points across most nearbys at midday. The US dollar index is $0.019 higher at $99.120. Crude oil is down $4.01 on the day to $89.88. NASS Crop Progress data showed 53% of the US cotton crop planted as of May...

Barchart

Soybeans Posting Wednesday Strength

Soybeans are trading with 3 to 5 cent gains on Wednesday, with product value support. The cmdtyView national average Cash Bean price is up 3 cents at $11.27 1/2. Soymeal futures is up $3 to $3.50, with Soy Oil futures 79 to 99 points so far on Wednesday. The weekly...

Barchart

FTSE 100 edges up and oil sinks amid peace optimism

The FTSE 100 closed up 13.62 points, 0.1%, at 10,505.01.

Evening Standard

Nordic coalition urges EU to stand firm against new oil and gas drilling in the Arctic

The appeal sent to the European Commission cites environmental concerns and security risks if the EU decides to lift the ban on oil and gas drilling in the Arctic. Instead, EU leaders are urged to focus on electrifying the economy and transport while expanding domestic clean energy production.

Euronews

Carlos Slim: 'Pemex crisis is Mexico's main problem'

The richest man in Mexico, Carlos Slim, says the crisis at state oil firm Pemex is the country's main problem, with plunging output, weak investment and debts of about $85bn.

Euronews

Crude Oil Prices Slide on US-Iran Peace Optimism

July WTI crude oil (CLN26 ) today is down -3.17 (-3.38%), and July RBOB gasoline (RBN26 ) is down -0.0498 (-1.58%). Crude oil and gasoline prices today extended Tuesday's sharp losses, with crude falling to a 5-week low and gasoline falling to a 6-week low. Crude prices are under pressure...

Barchart

Territorial integrity and self-determination still dominate the Falklands discussion – but oil may change that

The people of the Falkland Islands are deep in “commemoration season”, preparing for Liberation Day on June 14. This date has been celebrated on the South Atlantic archipelago as its national day since 1982, when Britain defeated Argentina in a 74-day conflict that claimed more than 900 lives, and reclaimed…

The Conversation

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Barchart

Stocks Mixed Awaiting Fresh Iran News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. June E-mini S&P futures (ESM26 ) are down -0.07%, and June E-mini Nasdaq futures...

The Independent UK

One in five Britons say they can’t afford a summer holiday this year as cost of living soars, poll shows

Exclusive: Impacts from the US-Iran war are now hitting summer holiday plans

The Economic Times

30-year treasury yield bond, 10-year ‌treasury yield note fall big today: Check two-year U.S. Treasury yield rate

U.S. Treasury is due to hold an auction of 5-year notes in the afternoon while investors await Thursday's releases of key economic data on inflation.

Barchart

Dollar Falls as Crude Oil Retreats

The dollar index (DXY00 ) today is down by -0.11%. The dollar is under pressure today amid a -4% plunge in crude oil prices to a 5-week low, which lowers inflation expectations and may prompt the Fed to ease monetary policy, a negative factor for the dollar. Also, today’s rally...

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The National (Scotland)

Climate campaigners slam 'insatiable greed of energy giants' as UK price cap rises

Climate campaigners have reacted angrily to the new energy price cap rise, slamming the 'insatiable greed of energy giants'

Barchart

Stocks Pressured by Weakness in Energy Producers and Cybersecurity Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. June E-mini S&P futures (ESM26 ) are down -0.05%, and June E-mini Nasdaq futures...

AAP

Wall Street hangs near its records as oil prices ease

U.S. stocks are hanging near their records as oil prices fall

AAP

US stock market hangs near records and crude oil prices ease

Stocks are hanging near their records on Wall Street and crude oil prices eased, relieving some worries about inflation

International Business Times

Oil Prices Drop On Report That U.S.-Iran Deal Would Reopen Hormuz Strait For Commercial Shipping Within a Month

Oil prices dropped on Wednesday following a report claiming that a deal between the U.S. and Iran would see the reopening of the Hormuz Strait for commercial shipping with a month.

Fortune

Current price of oil as of May 27, 2026

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

BANG Premier

Katie Price's stress levels 'off the key' amid husband's disappearance but says 1 product has helped

Reality TV star Katie Price has told fans how her stress levels are "off the key", amid the disappearance of her husband Lee Andrews, but she insisted CBD oil has been helping her anxiety with "everything going on at the moment" in her life.

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