The Latest Breaking News from Oil

The Economics Behind the Explosion of Specialty Olive Oils

Walking down the cooking oil aisle in 2026 can trigger a genuine moment of shock for home cooks accustomed to picking up a bottle of extra-virgin olive oil without a second thought. Price tags that once hovered around a modest ten dollars for a large glass bottle have doubled or…

Grocery Coupon Guide · Sep 11

Azerbaijan’s state oil fund helps launch China-ASEAN investment council

SOFAZ is the only founder from outside East and Southeast Asia, reflecting Azerbaijan’s position on the trade corridor between Asia and Europe.

Euronews · Sep 11

India 10-year yield tops 7% as oil rout extends losses into fourth week

Indian government bonds dipped this week due to a spike in oil prices, alongside a decline in global debt markets significantly affecting Treasury yields. The uncertainty surrounding the Reserve Bank of India's liquidity stance added further strain, resulting in the 10-year yield exceeding 7%. Looking ahead, investors are keenly awaiting…

The Economic Times · Sep 11

Saudi airstrikes hit Yemen's rebel-held Mokha airport as Houthis take island near key strait

Yemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key global shipping lane. Saudi Arabia responded with airstrikes against the port city of Mokha, which the Houthis captured. The rebels' territorial gains could boost Iran's strategy to pressure…

The Economic Times · Sep 11

How soybeans took over the American diet – without anyone noticing

U.S. farmers will produce a record-breaking harvest of 4.52 billion bushels of soybeans in 2026, according to projections from the U.S. Department of Agriculture. At 60 pounds to the bushel, that is roughly 800 pounds of soybeans for every American.

The Conversation · Sep 11

Market wrap: HDFC Bank, Dr Reddys, Hindalco, JSW Steel top gainers and losers on Nifty and Sensex on Friday

Indian equity markets ended the week lower as crude oil prices surged and global rate concerns pressured sentiment. Nifty fell 0.34%, while Sensex gained 0.16%. Midcaps and smallcaps declined, volatility rose, with metals and realty stocks leading losses on Friday.

The Economic Times · Sep 11

Trump Claims Iran War Is Nearly Over While Top Aides Reportedly Warn It Could Drag on Beyond His Term

Donald Trump has promised the Iran war will end after the November midterms, while senior advisers reportedly believe Tehran could sustain the conflict beyond 2029, fuelling political and economic concerns.

International Business Times UK · Sep 11

Rupee sees sharpest weekly drop in four months on oil worries

This week saw the Indian rupee tumble more than one percent against the dollar, primarily influenced by surging oil prices. Central bank interventions played a critical role in curtailing further depreciation. In addition to oil price hikes, escalating global bond yields contributed to the rupee's struggles. As the Reserve Bank…

The Economic Times · Sep 11

S&P Futures Climb as Oil Retreats Ahead of Key U.S. Inflation Data; Oracle Jumps After Earnings

September S&P 500 E-Mini futures (ESU26) are up +0.57% this morning, finding some relief as oil prices and bond yields retreated, with attention now turning to key U.S. inflation data for fresh clues on the Federal Reserve’s policy path.

Barchart · Sep 11

Trump’s clash with Canada is his latest imperialistic embarrassment

The president’s chaotic schemes of aggrandizement, from Venezuela to Iran, have no larger rationale

The Guardian - US · Sep 11