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The Latest Breaking News from Oil

Crude Oil Falls on Bearish Weekly Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25) on Wednesday closed down -0.52 (-0.82%), and September RBOB gasoline (RBU25) closed down -0.0040 (-0.19%). Crude oil prices on Wednesday fell due to a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency....

Barchart

Crude Oil Down 1%; Performance Food Group Earnings Top Views

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 400 points on Wednesday.

Benzinga

Two Mexican Businessmen Charged in U.S. Bribery Case Tied to Mexican State Oil Firm Pemex

The U.S. Attorney's Office for the Southern District of Texas unsealed on Monday an indictment charging two Mexican businessmen with allegedly paying bribes to secure lucrative contracts with Petróleos Mexicanos

Latin Times

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Cotton Reverting Lower on Wednesday

Cotton futures are trading with midday losses of 47 to 63 cents so far on Wednesday. The US dollar index was back down $0.327 to $97.600, as crude oil futures are down another 84 cents. USDA showed a total of 840,000 planted acres and 1.3 million harvested acres cut from...

Barchart

Soybeans Extending Gains to Wednesday

Soybeans are trading with 6 to 8 ¾ cent gains so far Wednesday. The cmdtyView national average Cash Bean price is up 7 3/4 cents at $9.80 1/2. Soymeal futures are $4.90/ton higher at midday, with Soy Oil futures up 2 points. There were another 118 August soybean meal deliveries...

Barchart

Crude Oil Falls on Bearish EIA Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25 ) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25 ) is down -0.0266 (-1.29%). Crude oil prices are sharply lower today on a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy...

Barchart

FTSE 100 pushes higher as US rate cut bets build

The FTSE 100 index closed up 17.42 points, 0.2%, at 9,165.23.

Evening Standard

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What Are Wall Street Analysts’ Target Price for Phillips 66 Stock?

Phillips 66 stock has significantly underperformed the broader market over the past year, but analysts seem to be moderately bullish about its prospects.

Barchart

7 Dry Goods That Spoil Faster Than You Think

We stock our pantries with “dry goods” under the assumption that they will last for months, or even years. While many of these items are indeed shelf-stable, some of our most common pantry staples have a surprisingly short shelf life. They contain oils or active ingredients that can degrade quickly,…

Grocery Coupon Guide

Don’t write off the Putin-Trump summit just yet – its outcome might confound critics

Like many such confabs before it, the Aug. 15, 2025, Alaska red carpet rollout for Russian President Vladimir Putin is classic Donald Trump: A show of diplomacy as pageantry that seemingly came out of nowhere, replete with vague goals and hardened expectations about the outcome from Trump supporters and opponents…

The Conversation

Cotton Giving Back Some Gains on Wednesday Morning

Cotton is showing early weakness on Wednesday, with losses of 22 to 39 points. Futures were in rally mode on Tuesday, as USDA played a supportive role. Contracts were up 161 to 178 points at the close. The US dollar index was back down $0.466 to $97.895, as crude oil...

Barchart

Millions of litres of oil seeping into UK soil from ageing electricity cables

FOI requests reveal leaks beneath cities, residential areas, riverbeds and fields in ‘huge problem for environment’

The Guardian - UK

3 Stocks to Consider as Tension Builds in Energy Markets

As tensions increase with Russia's oil in the market, there are three stocks investors should consider watching in order to cushion out any price shocks.

MarketBeat

Crew of Russian 'shadow fleet' tanker charged with intentionally sabotaging undersea cables — Finnish authorities claim ship dragged its anchor 56 miles along the sea floor, causing $70 million in damage to five cables

Crew members of the Eagle S oil tanker have been charged with 'aggravated sabotage and aggravated interference with telecommunications' by Finnish authorities.

Tom’s Hardware

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The National (Scotland)

GERS figures show Scottish Government revenue growing faster than spending

SCOTTISH Government revenue is growing faster than spending, new official figures show despite declining income from North Sea oil and gas.

Ideal Home

3 scents to deter spiders and make your home smell gorgeous in the process – it's a win-win

Spiders may hate these scents, but we think they smell delicious!

Barchart

Cotton Rallies as USDA Production Cut

Cotton futures were in rally mode on Tuesday, as USDA played a supportive role. Contracts were up 161 to 178 points at the close. The US dollar index was back down $0.466 to $97.895, as crude oil futures were down 86 cents. USDA showed a total of 840,000 planted acres...

Barchart

Soybeans Rally as USDA Slashes Acreage

Soybeans closed out the Tuesday session with contracts up 21 to 22 ¼ cents across the front months. The cmdtyView national average Cash Bean price was up 20 1/4 cents at $9.72 3/4. Soymeal futures were $0.70 to $2.10/ton higher. Soy Oil futures were 1 to 15 points in the...

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The Independent UK

ExxonMobil signs deal to explore for oil and gas near Trinidad despite criticism

ExxonMobil has signed a deal to explore a vast area near Trinidad and Tobago for oil and gas despite the pressure on the twin-island nation to focus more on green energy deals

Benzinga

Crude Oil Down 1%; Gevo Shares Spike Higher

U.S. stocks traded higher toward the end of trading, with the SP 500 gaining around 1% on Tuesday.

Barchart

Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus

September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0022 (-0.11%). Crude oil prices on Tuesday fell on the possibility of progress at the Trump-Putin summit in Alaska on Friday regarding the Russia-Ukraine war, which could result in reduced...

The Conversation

Troy’s fall was partly due to environmental strain – and it holds lessons for today

Sometimes the seeds of collapse are sown in the very soil of prosperity. Beneath the ancient city of Troy’s shining walls, the earth quietly cracked under the weight of its ambition.

Barchart

Cotton Rallying as USDA Slashes Acreage

Cotton futures are showing 98 to 138 point gains so far on Tuesday, as bulls are finding some steam with the help from a USDA acreage cut. The US dollar index is back down $0.511 to $97.850, as crude oil futures are down 76 cents. USDA showed a total of...

Barchart

Soybeans Resuming Rally as USDA Cuts Acreage

Soybeans are trading with futures up 15 to 16 cents at Tuesday’s midday. The cmdtyView national average Cash Bean price is up 15 cents at $9.67 1/2. Soymeal futures are $1/ton higher. Soy Oil futures are 39 lower. There were another 128 August soybean meal deliveries overnight, with 87 issued...

Barchart

Crude Oil Trades Lower Ahead of Friday's Trump-Putin Summit

September WTI crude oil (CLU25) today is down -0.70 (-1.09%), and September RBOB gasoline (RBU25) is down -0.044 (-0.21%). Crude oil prices are trading lower in light summer trading on the possibility of progress in the Trump-Putin summit in Alaska on Friday, which could result in reduced sanctions on Russian...

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