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The Latest Breaking News from Oil

Breaking 5 publishers covering this story in the last 6 hours

1h ago Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
1h ago Bond Yields Keep Climbing. Stocks Rose Anyway And The Major Indexes Closed a Winning Week.
2h ago Saudi Arabia's Oil Exports Are Seeing Challenges In Several Fronts. They Are Climbing Anyway.
2h ago Family demands answers after man's death in stairwell of an aged-care home
3h ago As Houthi Strikes Escalate, France and Britain Move to Shield Saudi Oil Exports

Trump Leaves Door Open to Seizing Iranian Oil: 'Certainly People Have Talked About It'

Trump pointed to Venezuela as an example of how the United States has already sought to secure foreign energy resources

Latin Times · Mar 10

Sugar Prices Fall on Today's Plunge in Crude Oil Prices

May NY world sugar #11 (SBK26 ) is down -0.21 (-1.44%), and May London ICE white sugar #5 (SWK26 ) is down -2.40 (-0.57%). Sugar prices are trading lower due to today's -11% plunge in crude oil prices. The sell-off in crude oil prices undercuts ethanol prices, encouraging the world's...

Barchart · Mar 10

Who profits from war with Iran? Understanding that will be key to resolving the conflict

When US and Israeli forces launched airstrikes on Iran, the shock waves were felt far beyond the region. As the conflict escalates, understanding who benefits from this crisis might be as important as counting its costs.

The Conversation · Mar 10

From analysis to the latest developments in health,
read the most diverse news in one place.

The February CPI Report Is Tame, but Higher Inflation’s Coming

The February CPI report arrived in line with estimates, but rising oil prices will likely lift inflation in March.

Kiplinger · Mar 10

How are EU and member states reacting to energy crisis triggered by Iran war?

Prospect of Trump easing US sanctions on Russian oil is a nightmare for the bloc as nations work out how to respond

The Guardian - UK · Mar 10

Corn Under Pressure from Crude on Tuesday, As USDA Report Shows No Surprises

Corn futures are trading with 4 to 6 cent losses across most contracts on Tuesday There were 156 deliveries issued against March corn overnight. The CmdtyView national average Cash Corn price is down 4 3/4 cents to $4.05 ½. Crude oil is down another $9.69 as more risk premium comes...

Barchart · Mar 10

Soybeans Posting Tuesday Gains

Soybeans are trading with 6 to 9 cent gains across most contracts on Tuesday. There were 114 delivery notices against March beans overnight. The cmdtyView national average Cash Bean price is up 8 1/2 cents at $11.30. Soymeal futures are up $1.40 to $3.50, with Soy Oil futures up 34...

Barchart · Mar 10

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Cotton Rallying Higher on Tuesday

Cotton futures are up 75 to 85 points in the front months on Tuesday. Crude oil is back down $9.69 on Tuesday. The US dollar index is back down $0.556 at $98.620. The USDA WASDE report showed no changes to the US balance sheet, as stocks were left at 4.4...

Barchart · Mar 10

Wheat Falling Back on Tuesday

The wheat complex is trading with losses across the three exchanges. Chicago SRW futures are down 11 to 15 cents in the nearbys. KC HRW futures are 13 to 15 cents in the red so far. MPLS spring wheat is 11 to 16 cent slower. Crude oil is down another...

Barchart · Mar 10

Irish deputy premier criticises fuel price ‘anomalies’

Big differences in prices at fuel pumps cannot ‘be blamed on Iran or what’s happening in the Gulf’, Ireland’s deputy premier has said.

The Independent UK · Mar 10

Trump Warns US Will Retaliate Against Iran '20 Times Harder' If It Halts Oil Flow Through Hormuz Route

President Trump warns that any attempt by Iran to halt oil shipments through the strategic Strait of Hormuz will trigger a US retaliation '20 times harder,' raising global concerns over oil markets and energy security.

International Business Times UK · Mar 10

Saudi Aramco CEO issues stark warning: Iran war could bring ‘catastrophic’ shock to global oil

The world’s biggest oil exporter says reopening Middle East energy routes is critical as Trump claims the conflict may soon end.

Fortune · Mar 10

Climate Chilled at New Mexico Legislature — Again

Thanks to bills that did pass, state will divert money to pay for industry problems: abandoned wells and induced earthquakes.

Capital & Main · Mar 10

Rachel Reeves issues warning over soaring heating oil prices with more than 1 million affected

IN FULL

The Independent UK · Mar 10

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Reason · Mar 10

Trump May Waive the Jones Act for Oil Shipments. Let's Repeal It Instead.

The century-old law makes energy more expensive even when there isn't a war raging in the Middle East.

Barchart · Mar 10

Crude Prices Plunge as President Trump Insists War Will End Soon

April WTI crude oil (CLJ26 ) is down -10.78 (-11.37%), and April RBOB gasoline (RBJ26 ) is down -0.1752 (-6.24%). April WTI crude oil on Monday rallied to a 3.75-year nearest-futures high of $119.48 but has since fallen back to the $84-per-barrel area. Crude oil prices spiked higher to $119.48...

The Times of India · Mar 10

Warmonger, Expansionist, Freedom Crusher: Donald Trump is just like other US presidents – except for one thing

But perhaps the key to understanding why Trump behaves the way he does is because of where he sits. Trump, the former real estate developer, views the world as property. Gaza? A premium property just waiting to be rid of war. Greenland rich in resources that can help America. Venezuela?…

International Business Times UK · Mar 10

Iran War Escalation Raises World War III Fears Despite Trump's Conflict Ending 'Very Soon' Claim

US President Donald Trump says the war with Iran could end 'very soon,' even as the conflict spreads across the Middle East with rising casualties and fears of a wider war.

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The Independent UK · Mar 10

Putin gives Trump easy way out of confused Iran war strategy – and he might take it

ANALYSIS: As Donald Trump delivers bafflingly mixed messages about the end of the Iran war, he has suggested he may lift oil sanctions on Russia, but that will suit only one man – Vladimir Putin. World affairs editor Sam Kiley asks: whose side is the US president really on?

Latin Times · Mar 10

Trump and Putin Have 'Frank and Constructive' Conversation About Venezuelan Oil as Iran War Shakes Global Energy Markets

U.S. President Donald Trump and Russian President Vladimir Putin discussed Venezuelan oil and the impact of the war with Iran on global energy markets during what the Kremlin described as a "frank" and "constructive" phone call.

Barchart · Mar 10

Stocks Move Higher as Oil Prices Plunge

The S&P 500 Index ($SPX ) (SPY ) is up +0.28%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.49%. March E-mini S&P futures (ESH26 ) are up +0.40%, and March E-mini Nasdaq futures (NQH26...

Evening Standard · Mar 10

O’Dowd calls for direct support for customers hit by home heating oil price rise

The Finance Minister said the powersharing Executive does not have the financial ‘firepower’ to fund any relief scheme.

Clever Dude · Mar 10

Charlotte Commuters Feel the Burn: Local Gas Prices Surge Over $3 as Iran Conflict Escalates

A single number on a gas pump can suddenly feel like a punch to the wallet. In Charlotte, that number just crossed a psychological line many drivers dread: three dollars per gallon. The spike did not appear out of nowhere, and it did not start in the Carolinas. Rising tensions…

Euronews · Mar 10

Fico and von der Leyen agree Druzhba pipeline must be restored amid energy standoff

The Slovak prime minister says he and the EU Commission president are aligned on restoring the Druzhba pipeline, as a dispute between Slovakia, Hungary and Ukraine over the damaged oil route intensifies.

The Independent UK · Mar 10

Rachel Reeves warns using public money to tackle soaring oil prices ‘not the solution’

The Chancellor also warned that petrol stations ‘price gouging’ will ‘not be tolerated’

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