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The Latest Breaking News from Oil

Breaking Live 4 publishers covering this story in the last 6 hours

18m ago Rupee boxed in range; traders focus on oil, outflows and RBI's defence
32m ago India seeks bigger share of diesel exports on refining capacity boom
41m ago Trump's Oil and Gas Holdings Nearly Double to $81.6M During Iran War as Americans Pay Billions More at the Pump
1h ago We, the Hated review – standing up to be abused: behind the scenes with Just Stop Oil
2h ago D-Street in gloomy mood, but Kotak sees 3 triggers for rebounds and adds 5 midcap stocks to portfolio

Financials lift FTSE 100 as oil heads below 80 dollars

US President Donald Trump said the Strait of Hormuz would ‘completely open’ once Washington DC and Iran sign their peace agreement.

Evening Standard · Jun 16

Trump urges Russia to ‘make a deal’ on Ukraine war; signals fresh sanctions

US President Donald Trump said at the G7 summit on Tuesday that Russia should "make a deal" to end the war in Ukraine and signalled that Washington could soon reimpose sanctions on Russian oil, as leaders of the world's major economies agreed to step up pressure on Moscow to bring…

The Times of India · Jun 16

Iran Allowed To Immediately Sell Oil After Signing Deal With U.S.: Report

The memorandum of understanding between the U.S. and Iran allows Tehran to immediately start selling oil, according to a new report.

International Business Times · Jun 16

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Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities extended gains for a third straight session, with Sensex and Nifty rising on optimism over the Iran-US peace framework and lower oil prices. Broad-based buying in IT, realty, FMCG and oil & gas stocks supported the rally, while volatility eased sharply.

The Economic Times · Jun 16

Crude Oil Prices Tumble as End of US-Iran War Set to Boost Oil Supplies

July WTI crude oil (CLN26 ) today is down -3.76 (-4.66%), and July RBOB gasoline (RBN26 ) is down -0.0653 (-2.22%). Crude oil and gasoline prices extended Monday’s sell-off today, with crude falling to a 3.25-month low and gasoline dropping to a 2.25-month low. Crude oil prices are sinking on...

Barchart · Jun 16

Broader Market Weakens as Energy and Software Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...

Barchart · Jun 16

Badenoch: Makerfield vote is about one man’s job but Aberdeen is about thousands

The Conservative leader was visiting the Aberdeen South constituency ahead of the by-election on Thursday.

Evening Standard · Jun 16

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‘Congratulations to all!’: Trump announces US-Iran peace deal is ready to sign, and this time Iran confirms its existence too

“Importantly, the oil is plummeting down and the stock market is shooting up.”

We Got This Covered · Jun 16

Oil prices dip close to levels seen before Iran war on hopes over shipping route

The cost of benchmark Brent crude dropped as low as 79.61 dollars a barrel at one stage.

Evening Standard · Jun 16

Dollar Little Changed on Weak US Housing News

The dollar index (DXY00 ) is little changed today. Weaker-than-expected reports today on US May housing starts and building permits are undercutting the dollar. Also, today's -3% fall in WTI crude oil to a 3.25-month low is bearish for the dollar, as it lowers inflation expectations and could prompt the...

Barchart · Jun 16

The secret to better summer beans

Pantry staples have seasons, too

Salon · Jun 16

Captain of Russian shadow fleet ship seized by British troops appears in court

Indian national Ajay Pant has been charged with directly or indirectly supplying or delivering by ship prohibited oil or oil products from Russia to a third country

The Independent UK · Jun 16

Stocks Supported by Lower Crude Oil Prices and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.11%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.18%. June E-mini S&P futures (ESM26 ) are up +0.09%, and June E-mini Nasdaq futures...

Barchart · Jun 16

Indian captain arrested after UK seizes Russian shadow fleet tanker in Channel operation

The UK has arrested and charged an Indian national after intercepting a Russian “shadow fleet” oil tanker in the English Channel, as London simultaneously unveiled a fresh round of sanctions aimed at tightening pressure on Moscow’s wartime economy.

The Times of India · Jun 16

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Fashion Times · Jun 16

Is Blue Light Ruining Your Makeup Longevity? Skin Effects and Makeup Tips Explained

From foundation fading to uneven texture, discover how blue light skin effects may influence makeup longevity and which makeup tips can help.

AAP · Jun 16

Iran war is a wake-up call for Southeast Asia's energy sector, IEA report says

The International Energy Agency says Southeast Asia's power sector is too open to risks from its dependence on imports of oil and gas from a limited number of suppliers

AAP · Jun 16

Trump signals swift return of sanctions on Russian oil as G7 refocuses on Ukraine

Donald Trump and G7 leaders are focusing on the Ukraine war, with the United States President considering reimposing sanctions on Russian oil shipments

AAP · Jun 16

Oil prices fall back to $80 per barrel, while US stocks drift

Oil prices are sinking again, while the U.S. stock market drifts near its all-time high

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AAP · Jun 16

Crude oil prices fall again, while US stocks drift near their all-time highs

Oil prices are sinking again and dipped below $80 per barrel for the first time since early March, while the U.S. stock market drifts near its all-time high

The Economic Times · Jun 16

US stocks: Dow hits record high as oil slides; SpaceX shares soar

The Dow Jones Industrial Average reached a new record high on Tuesday, driven by falling oil prices amid optimism for a U.S.-Iran peace deal. Meanwhile, SpaceX's market value surged past Amazon's, positioning it as the fifth most valuable U.S. company. The S&P 500 saw a slight gain, while the Nasdaq…

Bangkok Post · Jun 16

Energy firms brace for ‘new era’ despite Hormuz deal

The world’s oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions about a return to normal for the Gulf energy industry after more than three months of blockage.

The National (Scotland) · Jun 16

Green Party blast Wes Streeting over 'reckless' North Sea oil drilling pledge

THE Green Party have blasted Wes Streeting's pledge to allow more drilling for oil and gas in the North Sea ...

International Business Times · Jun 16

U.S. Military Reportedly Oversaw Secretive Oil Transfers To Bypass Iranian Blockade

The U.S. military has been overseeing ship-to-ship oil transfers on the edge of the Strait of Hormuz during the conflict with Iran to keep oil flowing in the region, according to a new report.

The Economic Times · Jun 16

UK imposes new sanctions on Russian shadow fleet after Indian captain arrest

Ajay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian shadow fleet oil tanker in the English Channel.

International Business Times · Jun 16

Brent Crude Drops Below $80 a Barrel For The First Time In Months Following U.S.-Iran Deal

Oil kept plummeting on Tuesday, with Brent crude dropping below $80 a barrel for the first time since March.

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