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The Latest Breaking News from Oil

Breaking 5 publishers covering this story in the last 6 hours

1h ago Global Market Today: Asian shares slide as bond selloff, oil surge fuel rate fears
2h ago Saudi reports fresh Houthi attacks as France pledges to defend key oil port
3h ago Oil firms accused of pushing for tax breaks after ‘cashing in’ on Middle East crisis: ‘It’s scandalous’
3h ago Scrapping windfall tax early could cost UK £8.6bn by 2030, say campaigners
4h ago Mechanic Goes To Costco. Then He Sees Something Shocking: ‘Wouldn't Be Putting Kirkland Oil In My Car’

As the Oil Shock Sends Energy Stocks Soaring, Buy These 3 Now

Oil prices spike on ongoing war concerns, sending energy stocks into rally mode. However, a long-term outlook is vital.

Barchart · Mar 25

Crude Oil Prices Slide on Hopes Diplomacy Will End Iran War

May WTI crude oil (CLK26 ) on Wednesday closed down -2.03 (-2.20%), and May RBOB gasoline (RBK26 ) closed down -0.1344 (-4.34%). Crude oil and gasoline prices fell sharply on Wednesday in hopes that US-Iran diplomacy can end the war in Iran. Also, the unexpected increase in weekly EIA crude...

Barchart · Mar 25

Driving in the wrong direction: why NZ’s oil consumption is at a 5-year high

New Zealand’s latest quarterly energy report shows electricity production was above 90% renewable and emissions from generation fell to the lowest level on record.

The Conversation · Mar 25

From analysis to the latest developments in health,
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This is how the 1970s oil shock played out. There are lessons for the economy today

On October 6 1973, the Yom Kippur War – mainly involving Egypt, Syria and Israel –triggered one of the biggest energy crises of the 20th century. Eleven days later, several Arab members of the Organization of the Petroleum Exporting Countries (OPEC) announced they would stop selling oil to countries supporting…

The Conversation · Mar 25

Sugar Prices Fall as Crude Oil Slumps

May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.33 (-2.08%), and May London ICE white sugar #5 (SWK26 ) closed down -8.60 (-1.86%). Sugar prices fell sharply on Wednesday as a -2% slump in crude oil prices (CLK26 ) sparked long liquidation in sugar futures. On Tuesday,...

Barchart · Mar 25

Asia seeing energy ‘drought’ on horizon from Strait of Hormuz closure, MPs hear

Equinor, which is a major energy supplier to Europe, said a number of its vessels were caught up in the disruption.

Evening Standard · Mar 25

U.S. Suppliers Reportedly Increase Oil Shipments To Cuba's Private Sector As Trump Admin Continues To Pressure Havana Regime

U.S. suppliers have shipped tens of thousands of barrels of oil to Cuba's private sector as the Trump administration continues to pressure the Havana regime.

Latin Times · Mar 25

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Mark Zandi warns recession odds are creeping toward 50%, and the Iran war could launch us into economic turmoil by midyear

As oil steadily climbs above $100 per barrel and Iran rejects a U.S. peace proposal, Moody’s chief economist says recession odds are only getting worse.

Fortune · Mar 25

Trump wrote the tariff playbook. Now Iran is using it on the world's most important oil route

Oil markets are whipsawing Wednesday amid dueling shaky peace proposals

Fortune · Mar 25

Soaring gas prices and disrupted supply chains will ripple out to increase costs in every store and sector of the economy

The disruptions from the U.S. and Israeli attacks on Iran spread quickly to commercial aircraft, shipping lanes and the world’s energy supply. Those repercussions have already hit fuel costs, including for motorists, truckers and fishermen, and are set to spread even more widely, to packaging, household goods, appliances, medicines and…

The Conversation · Mar 25

The ‘zombie’ ships appearing in the Strait of Hormuz after they were scrapped for parts

Reports suggest the vessels transitioned through Iranian waters and may have paid the IRGC $2m to pass

The Independent UK · Mar 25

Soybeans Rallying Higher on Wednesday

Soybeans are trading with 6 to 9 cent gains on Wednesday. The cmdtyView national average Cash Bean price is up 8 1/4 cents at $10.79 1/4. Soymeal futures were down $3.00 to $4.00, with Soy Oil futures up 120 to 130 points. The EPA is expected to release the RVO...

Barchart · Mar 25

Stocks rally amid hopes of end to Middle East conflict

Evening Standard · Mar 25

Venezuela’s Delcy Rodríguez pitches newly opened oil sector to investors at Miami summit

Venezuela’s acting President Delcy Rodríguez is selling investors on a newly opened oil industry and looser U.S. sanctions

The Independent UK · Mar 25

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The Guardian - UK · Mar 25

Show of strength by Reform MPs at PMQs turns into a cameo appearance

A well-timed jibe by the prime minister at Nigel Farage’s side-hustle seemed to provoke the party leader into staging a mass walkout

Reason · Mar 25

The Iran War Has Already Hurt Oil Production More Than the '70s Energy Crisis Did

The conflict is squeezing global supply and pushing prices up.

Barchart · Mar 25

Crude Oil Weakness Pressures Sugar Prices

May NY world sugar #11 (SBK26 ) today is down -0.29 (-1.83%), and May London ICE white sugar #5 (SWK26 ) is down -6.90 (-1.49%). Sugar prices are falling today as a -2% slump in crude oil prices (CLK26 ) has sparked long liquidation in sugar futures. On Tuesday, NY...

The Guardian - UK · Mar 25

Here’s the danger: if Labour doesn’t offer a radical solution to the energy-price crisis, others will

Money-off vouchers won’t do. Instead, the government needs to offer a lasting vision for energy security – because we already know what Reform’s is, says Guardian columnist Jonathan Liew

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The Guardian - UK · Mar 25

Iran rejects US ceasefire plan and submits its own amid push for talks

Donald Trump claims Iran still wants a deal, after Tehran puts forward five-point counter-proposal and says war will end when it decides and on its terms

Barchart · Mar 25

Crude Oil Prices Fall on the Outlook for a US-Iran Truce

May WTI crude oil (CLK26 ) today is down -3.26 (-3.53%), and May RBOB gasoline (RBK26 ) is down -0.1412 (-4.56%). Crude oil and gasoline prices are sharply lower today in hopes that US-Iran diplomacy can end the war in Iran. Also, the unexpected increase in weekly EIA crude inventories...

The Independent UK · Mar 25

Voices: Readers on how to tackle soaring bills in wake of Iran war – from ‘going electric’ to ‘holding back’ on travel

YOUR VIEWS: Our community is divided on how to tackle rising energy costs, with many warning support is limited by public finances while others call for policy changes or personal behaviour shifts in the face of a global crisis

Barchart · Mar 25

This Is Not Your Father’s Gold Market Anymore

Gold and silver prices are up while crude oil prices fall. How does that make sense?

Frugal Gardening · Mar 25

The Best Low-Cost Garden Tools That Actually Last for Years

A garden thrives or fails based on the tools behind it. Cheap tools often promise quick fixes but snap, rust, or bend right when real work begins, leaving frustration and wasted money behind. Smart gardeners skip flashy branding and hunt for tools that prove their worth season after season. The…

MarketBeat · Mar 25

S&P 500 Fires Buy Signal With 100% Accuracy Rate: What Comes Next

The S&P 500 signals a Buy in March and may advance 5% to 7.25% in the near to mid-term, hitting the 7,500 level by year's end.

Radio France Internationale · Mar 25

No oil, no gas: Hungary's Orban tightens the screws on Ukraine

Hungary's prime minister said on Wednesday that Budapest would phase out gas deliveries to Ukraine, the latest broadside in a bitter dispute between the two countries over a damaged pipeline carrying Russian oil.

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