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The Latest Breaking News from Oil

Cotton futures are trading with contracts down 300 to 366 points on the Thursday session. The US dollar index was $0.306 higher at $99.320. Crude oil is up $1.75 on the day to $100.08. USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26 in...

Barchart

Philip Kraven obituary

Other lives: IT specialist in the oil industry who started out working as a geophysicist

The Guardian - UK

AAP Rolling News Bulletin May 22, 0330

AAP Rolling News Bulletin for May 22 at 0330

AAP

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AAP Rolling News Bulletin May 22, 0300

AAP Rolling News Bulletin for May 22 at 0300

AAP

Rising Crude Oil Prices Support Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is up +0.14 (+0.95%), and Aug London ICE white sugar #5 (SWQ26 ) is up +3.00 (+0.68%). Sugar prices are moving higher today as strength in crude oil prices spurred short covering in sugar futures. Crude oil (CLN26 ) jumped by more...

Barchart

FTSE 100 edges higher despite oil price gains

The FTSE 100 closed up 11.13 points, 0.1%, at 10,443.47.

Evening Standard

AAP Rolling News Bulletin May 22, 0230

AAP Rolling News Bulletin for May 22 at 0230

AAP

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A decade after Standing Rock protests, contentious segment of Dakota Access oil pipeline gets OK

Federal officials have given final approval for a controversial segment of the Dakota Access oil pipeline that crosses the Missouri River

AAP

Oil markets nearing ‘red zone’ as Iran crisis continues, warns IEA chief

Surging demand, low reserves and reduced Middle East exports predicted to cause global crunch by August

The Guardian - UK

Wall St ends slightly higher as investors watch Iran

US stocks have closed higher as investors digested a batch of ‌corporate earnings and economic data.

AAP

In the Permian Basin, AI takes on big oil’s dirty water problem

Facing limited options, oil industry turns to AI to handle wastewater from oil production. Producers discovered other uses to streamline the process.

The Texas Tribune

US stocks slip after oil prices rise and Nvidia's latest profit report gets a yawn

The U.S. stock market is slipping following a rebound for oil prices and mixed reports on the U.S. economy

AAP

OPEC+ leaders expected to up July oil output target despite Hormuz disruption, sources say

Seven key OPEC+ oil nations are poised to increase July output by approximately 188,000 barrels per day. This decision comes as the group meets on June 7. Despite ongoing disruptions from the Iran war, OPEC+ has been raising its monthly targets since April. The United Arab Emirates' recent departure from…

The Economic Times

AAP Rolling News Bulletin May 22, 0200

AAP Rolling News Bulletin for May 22 at 0200

AAP

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International Business Times

Iran War Pushes Europe Toward Stagflation as Prices Rise And Growth Remains Subdued

The conflict in the Middle East is worsening Europe's energy shock, hitting businesses, consumers, and policymakers at the same time, according to a new report.

The Economic Times

Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVL

Videocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows separate insolvency proceedings for Videocon Industries and Videocon Oil Ventures. Previously, a tribunal had directed clubbing of these cases. The appellate tribunal cited distinct business sectors. This makes a single…

Barchart

Crude Oil Prices Jump on Doubts the Strait of Hormuz Will Reopen

July WTI crude oil (CLN26 ) today is up +3.14 (+3.20%), and July RBOB gasoline (RBN26 ) is up +0.0321 (+0.95%). Crude oil and gasoline prices are moving sharply higher today as the standoff between the US and Iran is fueling concerns that a prolonged closure of the Strait of...

Barchart

Stocks Indexes Turn Green in Afternoon Trade as Oil Prices Retreat

The S&P 500 Index ($SPX ) (SPY ) is up +0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. Equity markets are pushing higher this afternoon, tracking a sharp midday reversal in energy markets...

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AAP

AAP Rolling News Bulletin May 22, 0130

AAP Rolling News Bulletin for May 22 at 0130

The Independent UK

There is only one way Labour can win the North Sea oil and gas debate

ANALYSIS: Proponents of keeping North Sea oil and gas in the ground are repeatedly focusing on energy security and economic arguments. But it is only by making the climate argument that they will actually win the debate, explains Nick Ferris

AAP

US stocks drift after oil prices rise and Nvidia's latest profit report gets a yawn

The U.S. stock market is drifting following a rebound for oil prices and mixed reports on the U.S. economy

AAP

AAP Rolling News Bulletin May 22, 0100

AAP Rolling News Bulletin for May 22 at 0100

Barchart

Dollar Gains as Crude Rallies and Stocks Fall

The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz are boosting safe-haven demand for the dollar today after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in...

AAP

US stocks slip after oil prices rise and Nvidia gets a yawn to its latest blowout profit report

The U.S. stock market is slipping following a rebound for oil prices and mixed reports on the U.S. economy

AAP

AAP Rolling News Bulletin May 22, 0030

AAP Rolling News Bulletin for May 22 at 0030

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