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The Latest Breaking News from Oil

Breaking Live 10 publishers covering this story in the last 6 hours

7m ago Ecuador and U.S. Push Regional Security Alliance, But Mining and Energy Enter the Agenda
18m ago Iran Warns US It Is Ready to 'Inflict Crushing Blows' After Trump Threatens to 'Annihilate' Regime
20m ago Germany commits for first time to phasing out fossil fuels by 2045
1h ago Ryanair boss says he has ‘no doubt’ air fares will increase next year
1h ago US 30-year mortgage rate tops 7%, hits 2-year high

Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier after oil prices drop

‘I think we just buy it,’ Trump told reporters in the Oval Office on Thursday

The Independent UK · Apr 24

Ukraine war briefing: Trump bristles at Prince Harry’s passionate plea for Ukraine

Duke of Sussex says US must ‘honour obligations’ as it persuaded Ukraine to give up nuclear weapons; US president retorts that Harry doesn’t speak for Britain. What we know on day 1,521

The Guardian - AU · Apr 23

Soybeans Face Modest Pressure on Thursday

Soybeans saw weakness for much of the Thursday session, with contracts down 1 to 4 ¾ cents. The cmdtyView national average Cash Bean price was down 4 cents at $10.97 1/4. Soymeal futures were mixed, with contracts 20 cents higher to 80 cents lower. Soy Oil futures reverted from midday...

Barchart · Apr 23

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read the most diverse news in one place.

Cotton Resume Higher Trade on Thursday

Cotton futures resumed gains on the Thursday session, as contracts closed with 17 to 81 cent gains. The US dollar index was 0.234 higher at $98.655. Crude oil was up another $4.04 to $97.00. Export Sales data showed a total of 119,947 RB of old crop cotton sold in the...

Barchart · Apr 23

Strait of Hormuz: Iran’s ‘nuclear deterrent’

This is the text from The Conversation UK’s World Affairs Briefing email. Sign up here to receive weekly analysis of the latest developments in international relations, direct to your inbox.

The Conversation · Apr 23

How Chris Ong helped Seatrium emerge from a messy merger between two shipyards to become a profitable offshore oil and wind giant

CEO Chris Ong has to balance customers like Brazil’s Petrobras, Royal Caribbean, and the U.S. Navy.

Fortune · Apr 23

Stocks Settle Lower on US-Iran Stalemate

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.57%. June E-mini S&P futures (ESM26 ) fell -0.42%, and June E-mini Nasdaq futures...

Barchart · Apr 23

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Brent Crude Tops $105 As Strait Of Hormuz Remains Closed, Negotiations At a Standstill

The price of Brent crude oil continued to rise on Thursday as the Strait of Hormuz remains closed and negotiations between the U.S. and Iran is still deadlocked.

International Business Times · Apr 23

Dollar Climbs as Crude Prices Jump and Stocks Fall

The dollar index (DXY00 ) climbed to a 1.5-week high on Thursday and finished up by +0.22%. The dollar remains supported amid persistent tensions in the Middle East, which is boosting safe-haven demand for the dollar. Also, rising crude oil prices are pushing up inflation expectations, a hawkish factor for...

Barchart · Apr 23

Crude Oil Prices Surge on Signs Iran War Will Persist

June WTI crude oil (CLM26 ) on Thursday closed up +2.89 (+3.11%), and June RBOB gasoline (RBM26 ) closed up +0.0858 (+2.65%). Crude oil and gasoline prices settled sharply higher on Thursday, with gasoline climbing to a 3.75-year high. Energy prices remain underpinned as the Strait of Hormuz remains essentially...

Barchart · Apr 23

Why were Bitcoin and COIN Shares Stuck in Neutral?

Bitcoin has a decade and a half of history of extreme price volatility. However, since the price corrected from its October 2025 all-time high to a low in early February 2026, it had traded in a narrow range, with the leading cryptocurrency stuck in neutral.

Barchart · Apr 23

Iran deploys more mines in the Strait of Hormuz, sources say

The military standoff in the world's most important oil chokepoint is escalating.

Axios · Apr 23

Surging Crude Oil Prices Support Sugar

May NY world sugar #11 (SBK26 ) on Thursday closed up +0.03 (+0.22%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +3.80 (+0.90%). Sugar prices moved higher on Thursday, with London sugar posting a 2-week high. Strength in crude oil prices (CLM26 ) is supportive of sugar,...

Barchart · Apr 23

Trump's strategy for a mined-shut Strait of Hormuz: appease Joe Rogan with psychedelics and weed

Joe Rogan claims Trump calls him "liberal" but he shows up at the White House as Theo Von flirts with Bernie Sanders — and a global recession looms.

Fortune · Apr 23

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The Guardian - UK · Apr 23

BP’s chair deserved a kick for his silly obstinacy over shareholder resolution

Albert Manifold and his board refused to put a request from investor group on annual meeting agenda – leading to an investor revolt

The Guardian - UK · Apr 23

Trump claims US has total control over strait of Hormuz after Iran seizes two container ships

US president says Tehran hobbled by infighting as Pentagon reportedly briefs mine clearance may take six months

Barchart · Apr 23

Cotton Back to Higher Trade on Thursday

Cotton futures are trading with 45 to 75 point gains on Thursday. The US dollar index was 0.108 higher at $98.520. Crude oil is up another $2.34 to $95.19. Export Sales data showed a total of 119,947 RB of old crop cotton sold in the week of 4/16, which was...

Barchart · Apr 23

Soybeans Feeling Pressure on Thursday

Soybeans are showing 1 to 5 cent losses on Thursday, led by the front months at midday. The cmdtyView national average Cash Bean price is down 5 1/4 cents at $10.96. Soymeal futures are up 90 cents to $1.00 on the day, with Soy Oil futures down 42 to 54...

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Barchart · Apr 23

Higher for Longer: Why Energy Secretary Chris Wright Is Predicting Gasoline Prices Will Stay Above $3 Until 2027

U.S. Secretary of Energy Chris Wright believes gas prices may have peaked but will likely still stay above pre-war levels for a while.

The Texas Tribune · Apr 23

Study finds toxic benzene emissions along the Texas Gulf Coast are among the highest in the nation

Researchers found that state policy and oil refineries’ failure to fix leaks contributed more to high benzene emissions than the size or capacity of the refineries.

Barchart · Apr 23

Sugar Prices Push Higher on Strength in Crude Oil and the Brazilian Real

May NY world sugar #11 (SBK26 ) today is up +0.04 (+0.29%), and Aug London ICE white sugar #5 (SWQ26 ) is up +3.80 (+0.90%). Sugar prices are climbing today, with London sugar posting a 2-week high. Strength in crude oil prices (CLM26 ) is supportive of sugar today, with...

International Business Times · Apr 23

China Holds Largest Oil Stockpiles As Prolonged Iran War Raises Fears Of Global Supply Shock: Report

China's aggressive oil stockpiling surge ahead of the Iran war is reshaping global energy security dynamics as supply risks intensify in the Strait of Hormuz.

The Independent UK · Apr 23

The US keeps talking about gas prices — but it’s diesel costs that could impact your life the most

Since the start of the war in Iran on February 28, the average price of a gallon of diesel has gone up by around 45 percent

Barchart · Apr 23

Crude Oil Prices Underpinned as Iran War Tightens Global Oil Supplies

June WTI crude oil (CLM26 ) today is up +0.44 (+0.47%), and June RBOB gasoline (RBM26 ) is up +0.0093 (+0.29%). Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 3.75-year high. Energy prices remain underpinned as the Strait of Hormuz remains essentially closed, threatening...

The Guardian - UK · Apr 23

EU formally approves €90bn Ukraine loan and 20th sanctions package against Russia

Ursula von der Leyen hails ‘good news’ after Hungary’s lifting of vetoes allows leaders to sign off on agreements

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