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The Latest Breaking News from Oil

U.S. strategic reserves are getting so low it threatens damaging the 60 underground salt caverns storing American oil

“We should be highly concerned about the integrity of the caverns anytime crude inventories drop below 300 million barrels,” one petroleum engineering professor warned.

Fortune

Trump Prepares New Economic Blows Against Iran. China Could Be Caught in the Crossfire.

Since the Iran war began in February, Washington has expanded restrictions and launched a naval blockade.

International Business Times

Cotton Posting Monday Midday Strength

Cotton futures are continuing to climb on Monday’s midday, with contracts up 65 to 75 points in the front months. Crude oil is just a penny per barrel higher, with the US dollar index $0.159 lower. Commitment of Traders data showed managed money adding another 10,591 contracts to their net...

Barchart

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Soybeans Rallying to Start the Week, with Bean Oil Leading the Charge

Soybeans with contracts 19 to 20 cents higher across most contracts at midday. The cmdtyView national average Cash Bean price was is 19 1/2 cents at $11.71 1/2. Soymeal futures are trading with $2 to $3 gains, as Soy Oil is rallying 190 to 195 points. USDA’s FGIS tallied soybean...

Barchart

FTSE 100 drifts lower as oil price pushes higher

The FTSE 100 index closed down 29.81 points, 0.3%, at 10,720.30.

Evening Standard

US gas prices reach highest ever recorded for August amid stalled talks with Iran

Energy prices have been high since the US-Israel war with Iran began and the strait of Hormuz was blocked

The Guardian - US

This cheap haircare range revived my dull, dry locks

After exposure to sun, sea and chlorine, my hair felt lacklustre to say the least

The Independent UK

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Crude Prices Slightly Lower as Oil Supplies Transit Through the Persian Gulf

September WTI crude oil (CLU26) today is down -0.03 (-0.03%), and September RBOB gasoline (RBU26) is up +0.0219 (+0.69%). Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance today and turned slightly lower on signs that larger-than-expected volumes of crude oil are moving out...

Barchart

German Bund yield hits 15-year peak, France's at highest since 2009

Bond yields in the Euro zone are on the rise amid growing inflation and concerns over fiscal spending, with French yields hitting their highest since June 2009. Investors are anxious as markets expect the US to apply economic pressure on Iran rather than pursue military action. Meanwhile, rising oil prices…

The Economic Times

'Giant climate warning' to Andy Burnham appears on ashes of major wildfire

A “GIANT climate warning” to Andy Burnham has been painted onto a mountainside scorched by wildfires, as a decision on new oil and gas in the…

The National (Scotland)

Thom Yorke and Brian Eno among musicians to sign letter calling for UK PM Andy Burnham to reject North Sea oil drilling

Radiohead frontman Thom Yorke and legendary musician Brian Eno are among 200 figures from the music industry to have signed a letter calling for UK Prime Minister Andy Burnham to reject plans for more oil and gas drilling in the North Sea.

BANG Premier

'Our house is on fire, Andy': Activists send stark message to PM over new oil and gas drilling

A Welsh hillside scorched by wildfire has been used as the canvas for a new piece of art.

Euronews

Nancy Birtwhistle's simple trick makes dull, scratched glass sparkle – using things you probably already have at home

The cleaning expert reveals how to make scratched glass look like new with a secret ingredient from the kitchen cupboard

Woman & Home

Ukraine takes aim at Russia's economy and morale by attacking online retailer

For over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offensive has led to immense destruction worth billions in merchandise and has severely affected supply chains. The primary goal is to frustrate military logistics while exerting economic strain on Russia, leaving countless…

The Economic Times

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Euronews

Trump threatens to bomb Oman if it impedes US-Iran Strait of Hormuz talks

Tehran has been locked in ongoing talks with Oman over establishing a secure passage for commercial shipping through the Strait, which usually carries around a quarter of the world’s seaborne oil trade.

The Independent UK

Trump’s Iran war drops US oil reserves to a 40-year low with gas prices skyrocketing

IN FULL

International Business Times

Traffic Through The Strait Of Hormuz Has Practically Ground To a Halt. Oil Is Edging Up.

Only five ships made it through the key waterway during the weekend, according to the latest data from intelligence firm Kpler.

Barchart

Cotton Extending Higher on Monday Morning

Cotton prices are up 34 to 47 points on Monday morning. Futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude oil was $1.15 per barrel higher, with the US dollar index...

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news in one place.

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The Economic Times

Fascinated by the word “biomass,” a seventh-grader in Texas made algae produce 77% more biofuel oils in just five days with a simple vitamin-and-salt experiment

In an innovative study, a budding student fascinated by the word 'biomass' delved into the promising world of algae as a source of biofuel. Remarkably, the introduction of vitamins accelerated the growth of algae, while adding salt significantly heightened lipid levels. The synergy from combining both treatments led to an…

Kiplinger

Kiplinger Business Costs Special Report 2026

Fresh forecasts from Kiplinger's Letters team to help you plan ahead and prepare a budget for a range of business costs.

The Economic Times

Trump threatens to 'bomb' Oman if they get in way of Hormuz deal

US President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait of Hormuz, Fox News reported. Trump said the blockade was putting pressure on Iran but gave no timeline for resolving the conflict, as talks remain stalled.

The Economic Times

India set for record soyoil imports as Russia-Ukraine war disrupts sunflower shipments

India's soyoil imports are expected to reach a record 620,000 metric tons in August, about 46% above the current marketing year's monthly average, as competitive prices and disruptions to sunflower oil shipments from the Black Sea encourage refiners to increase soyoil purchases ahead of festive demand, traders said.

The Independent UK

Will Andy Burnham allow North Sea oil and gas drilling as Rosebank decision looms?

Andy Burnham has previously said he will be ‘pragmatic’ about North Sea oil

The Independent UK

Robert Smith, Thom Yorke and Brian Eno among names to sign anti-Rosebank letter

IN FULL

The Economic Times

Bitcoin hovers near $63K ahead of Fed rate decision as investors assess liquidity outlook

Bitcoin hovered near $63,000 as investors awaited Federal Reserve guidance, with weak ETF flows, geopolitical tensions and elevated oil prices pressuring risk appetite. Analysts highlighted $62,300 support and $63,300-$64,000 resistance, while Ethereum and major altcoins showed mixed performance amid broader consolidation.

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