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The Latest Breaking News from Oil

Oil Prices Hold Modest Gains — '$30s Pump Drop Still Possible', Experts Say

Oil trades near four-year lows as JP Morgan warns Brent could fall into the $30s by 2027, potentially slashing pump prices by up to 40% amid a historic supply glut.

International Business Times UK

EU backs plan to drop Russian gas by 2027 as reliance continues to fall

The European Union will stop importing Russian gas by late 2027 after governments and lawmakers reached a deal on Wednesday to phase out liquefied natural gas and pipeline supplies. The move aims to bring an end to an energy reliance that stretched across decades but shifted after Russia’s 2022 invasion…

Radio France Internationale

Putin and Modi to meet amid politically treacherous times for Russia and India

Delhi visit gives Russian leader a chance to reduce Moscow’s isolation but both countries need each other to negotiate Trump’s US and a powerful China

The Guardian - UK

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Two Trichologists Weigh In On TikTok's Viral 11-Step Haircare Routine—Investment or Overkill?

The truth

Marie Claire

Turkey's energy minister warns of threat to oil and gas supplies after tankers targeted

Turkey’s energy minister has called for the supply of oil and gas in the Black Sea to be protected

The Independent UK

Ukraine war briefing: Stop wasting the world’s time, Putin told

Ukrainian, British and Estonian officials chastise the Kremlin for apparently fruitless peace talks in Moscow. What we know on day 1,380

The Guardian - AU

Grain Market Update: Where are Corn and Soybean Prices Headed?

Despite early pressure, the agricultural and commodity markets remain fundamentally constrained, with corn supplies ample yet supported by strong demand, soybeans awaiting confirmed Chinese export business, and the broader commodity complex influenced by political dynamics, including expected Federal Reserve rate cuts and shifting energy and biofuel policies.

Barchart

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Cotton Continues Slide Lower on Wednesday

Cotton futures posted losses of 11 point in the front months on Wednesday, with other contract holding lower. Crude oil futures were up 37 cents per barrel at $59.01 on the day, with the US dollar index $0.476 lower to $98.820. The December 2 online auction from The Seam showed...

Barchart

Soybeans Fall Back on Wednesday as Trade Await More Chinese Business

Soybeans fell back by 9 to 10 cents in the front months on Wednesday. The cmdtyView national average Cash Bean price was 8 3/4 cents lower at $10.45. Soymeal futures were down 20 cents to $1.70, with Soy Oil futures 89 to 101 points lower. There were 3 deliveries issued...

Barchart

Trump Promises To Make Cars Cheaper, By Making You Pay More For Gas

Fuel efficiency standards save you money on gas. Deleting them is a gift to car companies and big oil.

InsideEVs

Crude Oil Prices Gain on Dollar Weakness and Geopolitical Risks

January WTI crude oil (CLF26 ) on Wednesday closed up +0.31 (+0.53%), and January RBOB gasoline (RBF26 ) closed down -0.00031 (-0.17%). Crude oil and gasoline prices settled mixed on Wednesday. Dollar weakness was supportive for energy prices on Wednesday after the dollar index (DXY00 ) tumbled to a 5-week...

Barchart

Soybeans Heading Lower at Midday

Soybeans are slipping back at midday, with losses of 4 to 6 cents. The cmdtyView national average Cash Bean price was 4 1/2 cents lower at $10.49 1/2. Soymeal futures are up 20 cents to $1.30, with Soy Oil futures 75 points higher. There were 3 deliveries issued against December...

Barchart

Cotton Fading Back Lower on Wednesday

Cotton prices are back down 6 to 10 points in the nearby contracts on Wednesday, fading back from early gains. Crude oil futures are up 73 cents per barrel at $59.37 on the day, with the US dollar index $0.436 lower to $98.860. Commitment of Traders data showed managed money...

Barchart

Crude Oil Gains 1%; Macy's Reports Strong Q3 Results

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 250 points on Wednesday.

Benzinga

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Barchart

Crude Rises on Dollar Weakness and Geopolitical Risks

January WTI crude oil (CLF26) today is up +0.76 (+1.30%), and January RBOB gasoline (RBF26) is up +0.00054 (+0.30%). Crude oil and gasoline prices are moving higher today due to the decline in the dollar index (DXY00) to a 5-week low. Also, US-Russian talks failed to reach a breakthrough in...

Destructoid

Kill it With Fire 2: All potion recipe locations and what they do

Double, double toil and trouble.

Euronews

Turkish shipping company halts Russia operations after tanker attack

Following an attack on its vessel Mersin, Istanbul-based Besiktas Shipping has stopped all operations with Russia, citing unacceptable security risks.

Barchart

Cotton Back to Higher Trade on Wednesday Morning

Cotton prices are up 10 to 17 points across most nearby contracts on Wednesday morning. Futures were steady to 7 points lower across most contracts on Tuesday. Crude oil futures were down 73 cents per barrel at $58.59 on the day, with the US dollar index $0.102 lower to $99.260....

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Grocery Coupon Guide

8 Package Designs That Make Shoppers Overpay Instantly

Packaging is not just about holding food; it is about selling convenience. Manufacturers know that shoppers are willing to pay a massive premium for products that are easier to use. They design specific packages that solve minor kitchen annoyances. These structural innovations often contain the same product as the standard…

Clever Dude

How Spark Plug Wear Reveals More Than A Code Reader

Spark plug wear hides in plain sight. It builds slowly, then suddenly the engine starts telling a different story. A code reader might flag a misfire or throw a generic warning, but spark plug wear exposes what those numbers can’t. It shows how the engine has been treated, how it’s…

Euronews

Hungary to sue EU over 'Brussels diktat' to phase out Russian energy

Hungarian Foreign Minister Peter Szijjarto said it will be impossible for his country to decouple from Russian oil and gas by 2027, and described the EU's new political agreement on the phase-out an imposition.

GOBankingRates

3 Holiday Dinner Recipes To Feed Your Family for Less Than $25

The below budget-friendly recipes have been simplified so you can feed a group while saving money.

The Guardian - US

‘There’s no monitoring of earthquakes’: new British Columbia pipeline could spell catastrophe, experts warn

Project on ‘very poorly understood’ terrain and likely to pass through Rocky Mountain trench, which researchers say poses immense geological hazard

The Guardian - UK

Party starters: Jacob Kenedy’s Italian Christmas canapes – recipes

Three Italian light bites to get you started on the big day: pinzimonio crudites, chilled prawns with boozy mayo, and a delicate frittata that you can stud with artichoke, radicchio or celery

The Independent UK

Putin-Modi talks: What’s on agenda, from India’s oil imports to other issues

Vladimir Putin is in India this week for a summit focused on strengthening economic, defense and energy ties

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