The Latest Breaking News from Oil

I asked the most creative minds in the business to share the things they always bring to Thanksgiving, and some might surprise you

December WTI crude oil (CLZ25 ) today is up +0.30 (+0.50%), and December RBOB gasoline (RBZ25 ) is down -0.0150 (-0.76%). Crude oil and gasoline prices are mixed today, with crude falling to a 2-week low. Today's weaker dollar (DXY00 ) is supportive for energy prices as the dollar index...

“As long as Putin continues the senseless killings, the Kremlin’s puppet, Gunvor, will never get a licence to operate and profit,” said the US Treasury in an X post on Thursday.

Gunvor, a major international commodities trader, has rejected U_S_ government claims that it acts as "the Kremlin's puppet."

China–ASEAN power trade tops 75 billion kWh, PetroChina-led project in Iraq boosts oil processing capacity

The two leaders are politically aligned, but Washington has criticised Hungary for importing Russian energy even as the rest of Europe unplugs from Moscow. Visit could see Hungary could strike an LNG deal with Trump.

Hungarian PM also seeking exemption on US sanctions on Russian oil as he faces domestic challenge before elections

Cotton futures were down 62 to 75 points in the front months on Thursday. Crude oil futures were down 7 cents/barrel to $59.53 on the day, with the US dollar index down $0.499 to $99.560. The Wednesday online auction from The Seam showed 2,463 bales sold with an average price...

Shoppers are switching to store brands in record numbers to save money. However, in some cases, a “cheaper” private-label product is not the value it appears to be. Manufacturers will sometimes use hidden, low-cost fillers in their store-brand products. This allows them to dilute the main, expensive ingredient. This means…