The Latest Breaking News from Oil

Soybean Weakness Extends to Tuesday

Soybeans were fractionally to 5 ¼ cents in the red at the Tuesday close. The cmdtyView national average Cash Bean price was down 4 3/4 cents at $11.90 1/2. Soymeal futures fell $1.70 to $6.10, as Soy Oil futures were up 1 to 8 points in the front months at...

Barchart · 15h ago

Cotton Closes Tuesday with Gains

Cotton futures were 8 to 77 points higher across most contracts on the Tuesday session. Crude was down $2.57 cents per barrel on the session, with the US dollar index $0.266 lower. Late on Monday, the White House announced a Harvest Fuel Relief Program, providing producers with $8 billion in...

Barchart · 15h ago

Traders Are Heading to the Polls Early. Incumbent Mega-Cap Tech Stocks Are Still Winning the Race.

While political polls dominate the evening news, another set of ballots was just cast that tells us far more about our economic reality.

Barchart · 16h ago

Russia ships the least crude oil in a month as major Baltic port halts

Russian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction in Ukrainian attacks on refineries, oil production facilities are still under threat. Notably, shipments to Asia, including significant customers like China and India, are declining, mirrored by a…

The Economic Times · 18h ago

Jackdaw North Sea gasfield to get go-ahead in blow to climate campaigners

Jackdaw gasfield announcement signals UK’s commitment to North Sea industry but undermines green credentials

The Guardian - UK · 19h ago

Trump ties ethanol boon for farmers to a Marshall win

President Donald Trump announced $8 billion in aid to farmers struggling with high diesel prices while also tying his support for increased ethanol content in gasoline — a boon to Midwest corn growers — to the reelection of a Kansas senator. Trump made the proclamation Monday while stumping for the…

Roll Call · 19h ago

Copper stays range bound as US tariff uncertainty, oil inflation risks weigh

Copper prices remained range bound as uncertainty over potential US tariffs and inflation risks from higher oil prices kept traders cautious. China’s copper scrap shortage supported refined copper demand, while record high US inventories and cautious buying limited gains. Goldman Sachs expects copper prices to average $15,400 a ton in…

The Economic Times · 19h ago

The Strait Of Hormuz Could Become Redundant In Five Years as Countries Build Alternatives, HSBC CEO Says

The region has $872 billion in identified infrastructure project packages, part of a wider $1.4 trillion pipeline of planned projects.

International Business Times · 19h ago

Soybeans Facing Tuesday Losses

Soybeans are showing losses of 6 to 8 cents, as meal spillover weakness is taking over the continued export business. The cmdtyView national average Cash Bean price is down 7 1/4 cents at $11.87. Soymeal futures are down $5.40 to $6.20, as Soy Oil futures are up 25 to 28...

Barchart · 20h ago

Cotton Bulls Pushing Higher on Tuesday

Cotton futures are trading with contracts 65 to 76 points higher at Tuesday’s midday. Crude oil is up 32 cents per barrel on the session, with the US dollar index $0.216 lower. Late on Monday, the White House announced a Harvest Fuel Relief Program, providing producers with $8 billion in...

Barchart · 20h ago