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The Latest Breaking News from Oil

Trump's Cooking Oil Comment Wipes Out $450 Billion In Minutes: 'Beijing Will See This As Weakness,' Says China Expert

President Donald Trump’s comments regarding the U.S. producing its own cooking oil in retaliation against China’s refusal to purchase American-grown soybeans led to a rout in the equity markets within a matter of minutes.

Benzinga

Trump officials back firm in fight over California offshore oil drilling after huge spill

One of California’s worst oil spills occurred off the Santa Barbara coast in 2015, when a corroded pipeline burst

The Independent UK

Australian Oilseeds Holdings Shares Soar 248% After Hours Amid Trump Says US Will Make Its Own Cooking Oil

Australian Oilseeds Holdings Ltd. (NASDAQ:COOT) shares are trading on Wednesday.

Benzinga

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US Republicans Seek To Shield Oil Giants As Climate Lawsuits Advance

President Donald Trump's second term has seen the United States go all-in to boost Big Oil and block renewables -- yet a wave of state and local climate-damage lawsuits against the fossil fuel industry continues to advance.

International Business Times

Trade association warns of offshore energy industry ‘deterioration’

Offshore Energies UK has released an open letter calling on the UK Government to implement a permanent tax regime from 2026.

Evening Standard

Cotton Holds onto Losses on Tuesday

Cotton futures posted losses of 8 to 25 points across most contracts on Tuesday. The US dollar index was back down $0.215 on Tuesday to $98.815, with crude oil $0.85/barrel lower. Monday’s online auction from The Seam showed 628 bales sold with an average price of 60.94 cents/lb. The Cotlook...

Barchart

5 “Healthy” Hair Washing Habits That Are Actually Causing Major Damage

We all want beautiful, healthy hair. We buy expensive products and follow advice from experts. But what if some of our most trusted habits are doing more harm than good? The world of hair care is filled with myths. Many of us have adopted practices we believe are beneficial. Unfortunately,…

Budget and the Bees

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MEET Helena Moreno, the Mexican-Born Journalist New Mayor of New Orleans

Helena Moreno's story begins far from New Orleans, the city that made her its first Latina mayor. She was born on September 30, 1977, in Veracruz, Mexico, to parents Felix Moreno (an oil executive) and Nancy Pearson Moreno (an academic). At age 8, her family moved to the United States,…

Latin Times

Crude Prices Pressured by US-China Trade Tensions and Robust Global Oil Supplies

November WTI crude oil (CLX25 ) on Tuesday closed down -0.79 (-1.33%), and November RBOB gasoline (RBX25 ) closed down -0.0152 (-0.82%). Crude oil and gasoline prices retreated on Tuesday, with crude falling to a 5.25-month low. The escalation of the US-China trade conflict has sparked a risk-off in asset...

Barchart

OxyChem Sale Frees Billions For Occidental Petroleum To Boost Upstream Projects

Occidental Petroleum (NYSE:OXY) is repositioning its portfolio and accelerating upstream development following the announced $9.7 billion sale of its OxyChem segment to Berkshire Hathaway (NYSE:BRK) (NYSE:BRK).

Benzinga

Chevron’s (CVX) Distributional Probability Curve Offers a Tempting Bullish Options Trade

While the oil market hasn’t exactly been helpful for Chevron, CVX stock appears to be flashing an unusual quantitative signal that bullish traders can exploit.

Barchart

Cotton Posting Tuesday Losses

Cotton futures are 11 to 23 points lower so far on Tuesday, as selling continues at midday. The US dollar index was back down $0.265 on the session to $99.770, with crude oil $0.81/barrel lower. Monday’s online auction from The Seam showed 628 bales sold with an average price of...

Barchart

Soybeans Holding onto Losses at Midday

Soybeans continued to show weakness on Tuesday, with losses of 2 to 3 cents at midday. The cmdtyView national average Cash Bean price is 3 cents lower at $9.30 3/4. Soymeal futures are up 50 cents/ton, with Soy Oil up 7 to 12 points in the day. October futures expire...

Barchart

Crude Prices Fall on Trade Tensions and the Outlook for a Global Supply Glut

November WTI crude oil (CLX25 ) today is down -1.08 (-1.82%), and November RBOB gasoline (RBX25 ) is down -0.0242 (-1.31%). Crude oil and gasoline prices are sliding today, with crude falling to a 5.25-month low. The escalation of the US-China trade conflict has sparked a risk-off in asset markets...

Barchart

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Barchart

Why Plunging Oil Prices Could Be the ‘Canary in the Coal Mine’ for a Recession

Senior Market Strategist John Rowland discusses leading indicators to watch for the economy as markets undergo a period of volatility.

The Guardian - AU

Pregnancy skincare products target women at a vulnerable time. Do any work or do they just stretch the truth?

Oils, creams and lotions with names like ‘mummy’s tummy’, ‘bump love’ and ‘belly butter’ abound

Barchart

The IEA Is Sounding the Alarm on a Major Oil Supply Glut. Sell Oil Here.

January micro WTI crude oil futures present a selling opportunity on more price weakness.

Benzinga

Shell Commits To HI Gas Project In Nigeria, Targets 350Mcf/Day Output

Shell PLC (NYSE:SHEL) shares are trading lower premarket on Tuesday. The company announced that Shell Nigeria Exploration and Production Company Limited and Sunlink Energies and Resources Limited have approved the final investment decision for the HI gas project, located offshore in Nigeria.

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The Guardian - UK

Academic axed from Labour conference panel for criticising energy policy

Sustainability expert was told panellists discussing North Sea oil and gas were meant to ‘agree entirely’ with each other

Barchart

Cotton Falling Lower on Tuesday

Cotton price action is fown 33 to 38 points on Tuesday morning. Futures were 16 to 35 points lower across most contracts on Monday, as pressure continues to show up. The US dollar index was back up $0.273 on the session to $99.005, with crude oil $0.63/barrel higher. Friday’s online...

Benzinga

BP Projects Big Impairment Hit While Trading Remains Weak

BP p.l.c. (NYSE:BP) shares are trading lower premarket on Tuesday. The company posted a trading update ahead of its third-quarter 2025 results scheduled for November 4, 2025.

The Independent UK

BP says upstream production to rise but flags ‘weak’ oil trading

The company previously said upstream production would come in lower quarter-on-quarter.

The Independent UK

Death toll from torrential rains in Mexico rises to 64 as search continues for missing

Helicopters ferry food and water to nearly 200 communities that remain cut off by ground

The Independent UK

Best autumn recipes to cook now: From hasselback butternut squash to deep-dish apple pie

Make the most of autumn’s bounty with these comforting, flavour-packed recipes – from Joe Woodhouse’s hasselback butternut squash to sticky aubergine noodles, deep-dish apple pie and clementine pavlovas

AAP

Oils fans save ailing drummer's kit for public display

Midnight Oil drummer Rob Hirst has auctioned off his old "war horse" for music industry charities as he battles pancreatic cancer.

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