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The Latest Breaking News from Oil

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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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...

Barchart

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 Independent UK

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.

The Economic Times

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...

Barchart

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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'

The National (Scotland)

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...

Barchart

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

AAP

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.

International Business Times

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.

Fortune

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.

BANG Premier

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Barchart

Corn Extending Lower on Wednesday Morning

Corn prices are down 3 to 4 ½ cents so far on Wednesday morning, Continued weakness in crude oil is a pressure factor, down another $5/bbl this morning. Futures were under pressure across the board on Tuesday with contracts down 1 ¼ to 5 ¾ cents at the close. Open...

Barchart

Wheat Falling on Wednesday Morning Despite Drop in Ratings

Wheat is trading with continued pressure on the Wednesday morning session, Continued weakness in crude oil is a pressure factor, down another $5/bbl this morning. The wheat complex posted mixed trade on Wednesday, with the winter wheats facing some weakness. Chicago SRW futures saw losses of 4 to 11 cents...

Barchart

Cotton Falling on Wednesday Morning

Cotton prices are down 88 to 141 points so far on Wednesday. Futures saw mixed trade on Tuesday, with nearby July down 5 points and other contracts up as much as 51. The US dollar index was $0.111 lower at $99.075. Crude oil was down $3.03 on the day to...

The Economic Times

India's top airlines cut domestic flights between 5-22%

Aviation giants Air India and IndiGo are cutting domestic flights between June and August 2026. High aviation fuel costs are impacting airline operations and commercial viability. Air India will reduce up to 22 percent of its domestic flights. IndiGo plans a 5-7 percent reduction in domestic capacity. These adjustments are…

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The Economic Times

ONGC bets on gas-led growth as premium pricing boosts profitability

ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is…

The Independent UK

Three lesser-known Greek and Cypriot recipes to try this summer

Award-winning food writer Georgina Hayden shares the lesser-known Greek and Cypriot dishes she thinks deserve more attention this summer – from slow-cooked tava and vegetable yiahni to comforting one-pan moussaka and churros-inspired breakfasts, writes Eleanor Fleming

The Economic Times

Traders keep focus on oil prices, RBI moves as rupee treads water

The Indian rupee remained stable on Wednesday, supported by central bank intervention in spot and forward markets. Dollar sales from state-run banks prevented a significant fall, while forward premiums cooled due to swaps. A slump in crude oil prices also provided some relief to the rupee.

The Guardian - UK

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’

Evening Standard

Join the extra virgin olive oil rush: liquid gold for your mind and body

Polyphenols in extra virgin olive oil may be behind its extraordinary health benefits, writes Giulia Crouch

Barchart

Stock Index Futures Climb on AI Optimism and U.S.-Iran Peace Deal Hopes

June S&P 500 E-Mini futures (ESM26) are up +0.36%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.56% this morning as optimism surrounding artificial intelligence and hopes for a U.S.-Iran peace deal boosted sentiment.

The Economic Times

Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEO

Global power is shifting towards energy security and resource control. Geopolitical tensions are reshaping industrial supply chains. Critical minerals are becoming as vital as oil was. Countries controlling these resources will gain leverage. India must accelerate domestic exploration and build processing ecosystems. Future economic strength depends on securing energy and…

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