The Latest Breaking News from Oil

Flanked by a chemical plant and an oil rig construction yard, the site on Corpus Christi Bay may be the last of its kind on this stretch of coastline, now occupied by petrochemical facilities.

Asian shares are mostly higher after benchmarks on Wall Street rose at the start of what’s expected to be a relatively calm holiday week

Soybeans posted Monday gains of 4 to 5 ½ cents as bulls were in a jollier mood to start the holiday week. The cmdtyView national average Cash Bean price was 4 1/4 cents higher at $9.83 3/4. Soymeal futures were 50 cents to $1 higher on Monday. Soy Oil futures...

Cotton futures were weaker on Monday, with contracts closing 1 to 14 points lower. Crude oil futures are $1.43 per barrel higher at $57.95. The US dollar index was back down $0.317 to $97.935. USDA’s Export Sales report indicated a total of 153,266 RB of cotton sold in the week...

January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%). Crude oil on Monday rallied on geopolitical risks in Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and the stronger stock market. Crude prices had carry-over support from...

Cotton futures are posting 3 to 5 point gains at midday, with March down 3 points. Crude oil futures are $1.30 per barrel higher at $57.84. The US dollar index is back down $0.312 at midday to $97.94. USDA’s Export Sales report indicated a total of 153,266 RB of cotton...

Soybeans are showing 2 to 4 cent gains across most contracts on Monday. The cmdtyView national average Cash Bean price is 2 3/4 cents higher at $9.81 1/2. Soymeal futures are showing firmer trade on Monday, with slight gains. Soy Oil futures are back up 50 to 58 points, with...

Analysts say the Trump administration's decision to seize oil tankers carrying Venezuelan crude could place meaningful pressure on Nicolás Maduro by targeting the regime's main source of revenue.

Venezuela said Iran has offered broad cooperation following the latest U.S. seizures of oil tankers linked to Venezuelan crude as tensions escalate over Washington's enforcement of sanctions and maritime interdictions in the Caribbean.