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The Latest Breaking News from Oil

Plastic Pollution Treaty Talks Stuck In 'Dialogue Of The Deaf'

Negotiations aimed at forging a global treaty on plastic pollution are being blocked by oil-producing countries and getting bogged down in a "dialogue of the deaf", sources in and around the talks told AFP. Ten days of talks on finalising an international, legally-binding instrument on plastic pollution opened on Tuesday…

International Business Times

Takeaways from AP’s report on Alaska Natives’ response to oil and mining proposals

President Donald Trump’s administration and its allies have pushed aggressively for drilling, mining and logging in Alaska

The Independent UK

Trump's push for drilling, mining sharpens debate for Alaska Natives about land they view as sacred

When Alaska Natives debate proposals to drill and mine the landscape of the nation’s largest state, it involves more than an environmental or economic question

The Independent UK

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What Are Wall Street Analysts' Target Price for ConocoPhillips Stock?

ConocoPhillips has underperformed the broader market and its peers this year but analysts maintain high confidence in its future growth potential.

Barchart

Donald Trump and Vladimir Putin to meet 'in coming days' as US piles pressure on Russia to end Ukraine war

The US President says there’s also a ‘good chance’ a summit involving Putin and Zelensky will happen soon

Evening Standard

India hits back at Trump over ‘unfair’ 50% tariffs

India says it will take all necessary measures to safeguard its national interests and economic security

The Independent UK

Trump May End Up Exposing US Consumers As 'Paper Tigers,' Says Economist Peter Schiff On 50% India Tariffs

Economist Peter Schiff warned Tuesday that President Donald Trump's decision to double tariffs on Indian imports to 50% could "expose the U.S. consumer as a paper tiger," predicting a dollar crash that would "impoverish Americans but enrich foreign consumers, particularly the BRICs."

Benzinga

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Trump Eyes Putin Meeting After 'Great Progress' In Moscow—Zelenskyy Talks Also On The Table

President Donald Trump could meet with Russian President Vladimir Putin as early as next week to discuss Ukraine peace negotiations, a White House official said on Wednesday, as markets brace for the potential implementation of sanctions targeting the global oil trade.

Benzinga

4 natural mosquito repellents you can make yourself for easy, non-toxic protection from your pantry in a pinch

Pest control pros share their favorite DIY solutions

Homes & Gardens

Why Trump’s secondary tariffs on Russia could bite the US, its allies too

China and India would be hit hardest. But Europe would be affected, and the US would face risks as well.

Al Jazeera

Cotton Feel Pressure on Wednesday

Cotton futures were up 11 points in the October contracts on Wednesday, with other contracts down 23 to 27 points. The US dollar index was back down $0.561 to $98.020, as crude oil futures were another $0.73/barrel lower. Following threats of increased tariffs if India doesn’t stop purchasing Russian oil,...

Barchart

Soybeans Close Lower on Wednesday

Soybean futures closed with losses of 6 to 7 ½ cents across the front months on Wednesday. The cmdtyView national average Cash Bean price was down 6 cents at $9.27 1/2. Soymeal futures were under pressure on Wednesday, down $2.10 to $4.40. Soy Oil futures were mixed, down 5 to...

Barchart

Trump threatens India with 50% tariffs for buying Russian oil

An Indian government source said it needs to gradually repair ties with the U.S. and engage more with the BRICS bloc

The Independent UK

Crude Prices Retreat on Claims of Progress in Ending Russian-Ukraine War

September WTI crude oil (CLU25 ) on Wednesday closed down -0.81 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0011 (-0.05%). Crude oil and gasoline prices gave up an early rally Wednesday and turned sharply lower after President Trump said "great progress was made" in a meeting between US...

Barchart

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Benzinga

OPEC Turns The Output Tap On: What It Means For Oil ETFs

Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising fresh concerns over an oversupplied market.

International Business Times UK

US Singer Who Touched Modi's Feet Weighs In on India Tariff Row as Trump Plans 25% Hike — Why It Matters

US singer Mary Millben urges Donald Trump and Narendra Modi to resolve a tariff dispute that blends pop culture influence with global trade politics.

Barchart

Soybeans Resuming Losses on Wednesday

Soybean futures are heading lower on Wednesday, with losses of 7 to 8 ½ cents. CME reported preliminary open interest up 4,577 contracts on Tuesday. The cmdtyView national average Cash Bean price is down 8 1/2 cents at $9.25 3/4. Soymeal futures are heading back lower, down $5.10 to $6.30....

Barchart

Cotton Back to Mixed Action on Wednesday

Cotton futures are up 36 points in the October contracts on Wednesday, with other cotnracts down 7 to 10 points. The US dollar index was back down $0.041 to $98.545, as crude oil futures were another $1.15/barrel lower. Following threats of increased tariffs if India doesn’t stop purchasing Russian oil,...

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Euronews

Trump cranks up India tariffs to 50% in an attempt to pressure Russia

Brazil and India now face the world’s steepest blanket tariff at 50%, with India targeted for Russian oil purchases undermining US sanctions.

The Independent UK

The Latest: Putin hosts Trump envoy Witkoff for crucial talks on Ukraine peace deal

Russian President Vladimir Putin is hosting U.S. President Donald Trump’s special envoy Steve Witkoff for talks, days before the White House’s deadline for Russia to reach a peace deal with Ukraine or potentially face severe economic penalties that could also hit countries buying its oil

International Business Times

Trump Hikes India Levy Over Russian Oil As Tariff Deadline Approaches

US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi's continued purchase of Russian oil, opening a new front in his trade wars just hours before another wave of duties takes effect.

Barchart

Tariff Turmoil Weighs on Coffee Prices

September arabica coffee (KCU25 ) today is down -5.30 (-1.77%), and September ICE robusta coffee (RMU25 ) is down -13 (-0.38%). Coffee prices are under pressure today due to tariff concerns, as President Trump has yet to exempt coffee from his 50% tariff on Brazilian exports. This could hurt sales...

Barchart

Crude Prices Rally on Dollar Weakness and Global Supply Uncertainty

September WTI crude oil (CLU25 ) today is up +0.66 (+1.01%), and September RBOB gasoline (RBU25 ) is up +0.0353 (+1.69%). Crude oil and gasoline prices are moving higher today after the dollar index (DXY00) fell to a 1-week low. Crude also rose on the lack of progress in ending...

The Guardian - US

Trump threatens 50% tariffs on India over ties to Russia and Brics bloc

White House move follows India’s oil purchases from Russia and comes amid broader Trump push for trade ‘reciprocity’

Benzinga

Trump Doubles Tariffs On India To 50% Over Russian Oil Trade

President Donald Trump has taken a major swing at India's trade relationship with the U.S., slapping an additional 25% tariff on Indian imports in response to New Delhi's continued purchases of Russian oil—effectively doubling the total tariff burden on Indian goods to 50%.

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