The Latest Breaking News from Oil

Asian shares are mostly lower and oil sinks $2 after Trump says Iran stopped killings

Asian shares are mostly lower after Wall Street retreated on Big Tech losses

The Independent UK · Jan 15

Ukraine-Russia war latest: Zelensky hits back after Trump blames him for holding up peace talks

Putin's relentless attacks show Russia is not interested in peace, Zelensky says

The Independent UK · Jan 15

Cotton Ends Wednesday with Slight Gains

Cotton futures settled the Wednesday session with contracts ticking 5 to 11 points higher. Crude oil futures were down 10 cents per barrel at $61.05. The US dollar index was down $0.044 at $98.865. The January 13 online auction from The Seam showed sales of 60.08 cents/lb on 14,042 bales....

Barchart · Jan 14

Soybeans Posting Midday Gains

Soybeans are up 6 to 10 cents across the front months on Wednesday. January expires today. The cmdtyView national average Cash Bean price is 6 3/4 cents lower at $9.73. Soymeal futures are up 50 to 80 cents at midday, as Soy Oil futures are down 2 to 5 points....

Barchart · Jan 14

Mechanics Warn: This “Fuel-Saving Trick” Is Quietly Destroying Engines in Cold States

In cold states like Michigan, Minnesota, and upstate New York, a so-called “fuel-saving trick” is wreaking havoc on engines. During the time that I worked as a mechanic, I saw everything. As more people became concerned with fuel consumption, I saw more and more drivers neglect to warm up their…

Clever Dude · Jan 14

Fears of Iran Escalation Lift Crude Oil Prices

February WTI crude oil (CLG26 ) today is up +0.35 (+0.57%), and February RBOB gasoline (RBG26 ) is down -0.0066 (-0.36%). Crude oil and gasoline prices are mixed today, with crude climbing to a 2.5-month high. Fears of an escalation in tensions in Iran, which could disrupt crude supplies from...

Barchart · Jan 14

Ship captain in deadly crash ‘waited’ before trying to avoid oil tanker

Russian national Vladimir Motin, 59, was on sole watch duty when his vessel, the Solong, collided with the anchored Stena Immaculate

The Independent UK · Jan 14

Where are the shadow fleet oil tankers? Vessel seized by US spotted off Scottish coast

Sanctioned oil is transported through international waters using vessels carrying fake flags

The Independent UK · Jan 14

Trump Admin Files for Dozens of New Seizure Warrants Targeting Venezuelan Oil Tankers: Report

The United States has sought court warrants to seize dozens more oil tankers linked to Venezuela's crude trade, according to four sources familiar with the matter.

Latin Times · Jan 14

Cotton Push Higher Continues on Wednesday Morning

Cotton prices are up 19 to 25 points in the front months on Wednesday AM trade. Futures posted steady to slightly lower trade on Tuesday, with some front months down 3 points. Crude oil futures were up another $1.60 per barrel at $61.10. The US dollar index was up $0.304...

Barchart · Jan 14