The Latest Breaking News from Oil

Cotton futures saw 7 to 12 point losses across most contracts on Monday. Crude oil futures were $1 higher per barrel at $59.55 on the day, with the US dollar index $0.058 lower to $99.350. USDA’s Export Sales report showed 132,760 RB of cotton sold in the week of 10/23,...

Soybean traders were back to it on Monday, after the holiday shortened week, as contracts closed 7 to 10 cents higher. The cmdtyView national average Cash Bean price was 7 cents lower at $10.57 1/2. Soymeal futures were down $3.30 to $4.80, with Soy Oil futures 29 to 55 points...

U.S. stocks traded lower midway through trading, with the Dow Jones falling around 250 points on Monday.

January WTI crude oil (CLF26 ) today is up +0.68 (+1.16%), and January RBOB gasoline (RBF26 ) is up +0.00393 (+2.16%). Crude oil and gasoline prices are moving higher today, with crude climbing to a 1-week high. Today's decline in the dollar index (DXY00 ) to a 2-week low is...

Silver reached a new record high on the final day of November. Silver, gold, platinum, palladium, and copper were higher. At the same time, animal protein futures moved to the downside for the month ending on Friday, November 28, in a month where the dollar index edged lower, and bond…

Shell PLC (NYSE:SHEL) has finalized a deal with Equinor ASA (NYSE:EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura.

French energy group TotalEnergies announced on Monday that it had signed an agreement to sell a 40-percent stake in two Nigerian offshore exploration licences to Star Deep Water Petroleum Limited, a subsidiary of US oil major Chevron.

The most budget-savvy shoppers understand that true savings come from optimizing high-value assets. They do not buy massive quantities of chips or perishable produce. Instead, they buy expensive, stable commodity items in large volumes to lock in a superior price per unit. This strategy is not about hoarding. It is…

Cotton price action is down 25 to 35 points to start December trade. Futures saw marginally higher trade on Friday, with contracts up 14 to 17 points at the close. December was up 156 points last week. Crude oil futures were down 67 cents per barrel at $58.40 on the...