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The Latest Breaking News from Oil

Asian shares surge after oil prices slip and Wall Street resumes its AI rally

Shares have rallied across Asia, tracking gains on Wall Street after pressure from the bond market eased and oil prices fell back

AAP

China kept building its crude stockpile in April despite Iran crisis

China is accumulating crude oil reserves even as imports decrease. This contrasts with global trends of depleting oil stocks. The nation's refinery processing has also slowed. Analysts suggest China could sustain this inventory build for years. Future import levels and fuel export decisions will determine if China begins drawing down…

The Economic Times

Hanson lashes gas tax 'vandalism', reveals energy plan

Australia should look to Norway to shore up sovereign wealth through gas, One Nation says, as the coalition urges the resources industry to "fight like hell".

AAP

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Gold steady as US-Iran peace deal hopes offset inflation fears

Gold prices held steady as optimism surrounding a potential U.S.-Iran peace deal countered concerns over oil-driven inflation and rising global interest rates. While U.S. Treasury yields and oil prices dipped on hopes of a Middle East accord, Federal Reserve minutes indicated a potential for policy firming if inflation persists above…

The Economic Times

Oil prices today: Why are International oil rates rising after two days of losses?

Oil price today: Brent crude futures rose 81 cents, or 0.77 per cent, to $105.83 a barrel, and U.S. West Texas Intermediate futures were up 97 cents, or 0.99 per cent, at $99.23.

The Economic Times

U.S. stock market prediction for Thursday: S&P 500, Dow Jones, Nasdaq, Russell 2000 eye positive trading

U.S. stock market bounced back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains.

The Economic Times

Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns

Oil prices surged Thursday amid persistent supply worries stemming from the Iran war's uncertain conclusion and a significant U.S. inventory draw. Concerns are mounting over dwindling global stockpiles as the Strait of Hormuz remains largely inaccessible, impacting crucial energy shipments. Analysts suggest a breakthrough in talks is unlikely if concessions…

The Economic Times

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Synergis Software Launches Adept Cloud, a Cloud-Native Engineering Document Management Platform Built for Asset-Intensive Industries

QUAKERTOWN, Pa., May 21, 2026 /PRNewswire/ -- Synergis Software announced the general availability of Adept Cloud, a cloud-native SaaS engineering document management platform built for organizations in manufacturing, utilities, oil and gas, chemicals, pharmaceuticals, and mining — where the accuracy of engineering documentation is a matter of operational safety, regulatory…

AAP

Global Market Today: Asian stocks rise on Iran optimism, Nvidia slips

Asian equities surged, mirroring Wall Street's gains as optimism surrounding US-Iran talks eased Middle East tensions. Crude oil and bond yields declined, while South Korean stocks and Samsung Electronics saw significant increases. Despite a general market rebound, Nvidia's shares experienced a slight dip following its sales forecast.

The Economic Times

Iran warns any renewed conflict with the US could spread 'far beyond the Middle East'

Iran said on Wednesday it was examining a new US proposal to end the Middle East war, as President Donald Trump described the talks as being on the "borderline" between a deal and renewed strikes. Ghalibaf warned of a "forceful response", while Iran's Revolutionary Guards said any renewed conflict would…

The Economic Times

US military boards Iranian oil tanker suspected of breaching blockade

United States military forces boarded an Iranian oil tanker in the Gulf of Oman. This action escalates pressure on Iran. The vessel was searched and redirected. It is the fifth commercial ship intercepted since Washington imposed a blockade on Iranian shipping. This is part of efforts to force Tehran back…

The Times of India

Cotton Closes Mostly Lower on Wednesday

Cotton futures posted losses of 6 to 73 points across most 2026 and 2027 contracts, with some deferred contracts up 13 to 29 points. The US dollar index was $0.304 higher at $99.570. Crude oil losses of $5.07 is adding pressure as US and Iran negotiations are reportedly in the...

Barchart

Soybeans Correct Back Lower on Wednesday

Soybeans closed with 4 ¼ to 12 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price was down 9 1/4 cents at $11.37 3/4. Soymeal futures were down a dime to $1.40 on the day, with Soy Oil futures 32 to 78 points lower. Crude...

Barchart

Corn Falls Back on Wednesday

Corn futures saw midweek pressure on Wednesday, with contracts down 2 ½ to 9 ½ cents at the close. The CmdtyView national average Cash Corn price was down 9 1/2 cents to $4.26 1/2. Crude oil losses of $5.07 is adding pressure as US and Iran negotiations are reportedly in...

Barchart

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Bangkok Post

B20 expansion targets energy security boost

Thailand is accelerating efforts to reduce reliance on imported oil by expanding sales of biodiesel B20, aiming to make the fuel available at 1,000 filling stations within a month.

Barchart

Stocks Finish Sharply Higher on Iran Hopes

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.66%. June E-mini S&P futures (ESM26 ) rose +0.96%, and June E-mini Nasdaq futures...

AAP

How major US stock indexes fared Wednesday 5/20/2026

The U.S. stock market bounced back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

AAP

US stocks rally after pressure eases from the bond market and oil prices fall

The U.S. stock market bounced back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

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news in one place.

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Kiplinger

Nasdaq Adds 399 Points Ahead of Nvidia Earnings: Stock Market Today

The stock market got a boost Wednesday as bond yields and oil prices declined.

The Economic Times

US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopes

Wall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gained as oil dropped. Fed minutes signaled possible rate hike debate. Nasdaq S&P Dow Jones rose strongly as AI optimism offset inflation and geopolitical concerns sentiment rises

Homes & Gardens

The $8 Non-Toxic Fragrant Fix for Keeping Mosquitoes Away This Summer – It's the Simple Solution to Save Al Fresco Hosting

It's one of the oldest tricks in the book

Barchart

Dollar Retreats on Iran Optimism

The dollar index (DXY00 ) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved lower after comments from President Trump that the US was in the “final stages” with Iran, which knocked crude oil prices down...

Barchart

Crude Oil Prices Plummet on Speculation Strait of Hormuz Could Soon Reopen

July WTI crude oil (CLN26 ) on Wednesday closed down -5.89 (-5.66%), and July RBOB gasoline (RBN26 ) closed down -0.1911 (-5.35%). Crude oil and gasoline prices plunged on Wednesday, with gasoline falling to a 1.5-week low. Crude price plummeted on Wednesday after President Trump said the US is in...

The Economic Times

New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 start

Iran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf of Oman coastline. The U.S. has imposed its own blockade on Iranian ports and attempted an aborted operation to reopen the chokepoint.

The Independent UK

Regulators looking at three firms over multimillion-dollar trades before Trump’s Iran war announcement, report says

The three financial firms, which have not been accused of wrongdoing, said they had not been contacted by the Commodity Futures Trading Commission

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