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The Latest Breaking News from Oil

Crude Oil Prices Fall on Hopes US-Iran War Near an End

July WTI crude oil (CLN26 ) today is down -2.28 (-2.36%), and July RBOB gasoline (RBN26 ) is down -0.1350 (-4.03%). Crude oil and gasoline prices are sharply lower today, with crude falling to a 2.5-week low and gasoline dropping to a 5-week low. Crude prices are under pressure amid...

Barchart

S&P 500 and Nasdaq 100 Climb to Record Highs on Tech Stock Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. June E-mini S&P futures (ESM26 ) are up +0.77%, and June E-mini Nasdaq futures...

Barchart

BP’s latest scandal exposes serious mismanagement at heart of energy giant: ‘It’s total chaos’

Albert Manifold, who has been dismissed following ‘serious concerns’, is the latest member of senior personnel leaving the company abruptly over the past 20 years – and the shareholders don’t like it, writes Simon English

The Independent UK

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AI Prompts Used by Expert Are Subject to Compelled Discovery

From Judge Thomas O. Farrish (D. Conn.) last Monday in Conservation Law Foundation, Inc. v. Shell Oil Co.: The defendants,… The post AI Prompts Used by Expert Are Subject to Compelled Discovery appeared first on Reason.com.

Reason

Methanol, pistachios and cement: the other Iranian exports being choked by the war

The war between Iran, the US and Israel has escalated into a major global crisis, with consequences that are reaching far beyond the Middle East. The closure of the Strait of Hormuz, through which around 25% of the world’s oil ordinarily passes, has rattled global energy markets.

The Conversation

LumenTale crafting guide – All cooking recipes and ingredients

Buon appetito!

Destructoid

Wall Street rises toward records as US stocks catch up to the world's gains from the day before

The U.S. stock market is rising as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP

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Stocks Jump on US-Iran Peace Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.42%. June E-mini S&P futures (ESM26 ) are up +0.62%, and June E-mini Nasdaq futures...

Barchart

Wall Street catches up to the gains made by other markets around the world the day before

AAP

Rubio Calls Iran's Hormuz Blockade Illegal — Warns It Will Reopen 'One Way or the Other' as US Strikes Iran Again

Marco Rubio stresses the importance of keeping the Strait of Hormuz open amid rising tensions with Iran, following recent US military strikes

International Business Times UK

Oil steadies at $100 and markets stay volatile as US-Iran talks stall

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher. Markets remain volatile as US-Iran talks stall and President Trump reiterates nuclear demands.

Euronews

US stocks today: US stocks rise near record highs on Iran deal hopes, oil climbs

U.S. stocks rose Tuesday, catching up after a holiday, as optimism over U.S.-Iran talks lifted sentiment. The S&P 500, Nasdaq and Dow hovered near record highs, while oil prices climbed amid geopolitical tensions. Asian and European markets were mixed as investors weighed conflict risks against hopes of a diplomatic breakthrough.

The Economic Times

Oil giant BP ousts new chairman over 'conduct' and shares slide

BP has ousted its chairman over what it called serious concerns related to "important governance standards, oversight and conduct."

AAP

Current price of oil as of May 26, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

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The Independent UK

Russian businesses tell Putin they will fund their own air defences after surge in Ukrainian drone attacks

Ukrainian attacks have targeted Russian oil refineries and ports this year

inkl

Best Skin Supplements for Glowing and Healthy Skin

Sometimes the health of your skin is an indicator of the health of you as a whole, as in how you eat, sleep, hydrate, and how you treat yourself every day.

International Business Times

Asian And European Oil Markets Are Almost Depleted As Strait Of Hormuz Remains Closed, Strategist Says

Oil markets in Asia and Europe are almost depleted as the Strait of Hormuz remains closed, according to a veteran strategist.

The Independent UK

Limoncello, coconut oil and tequila combine for a margarita with tropical notes

Food writer J

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The Guardian - UK

Oil price rises back above $100 a barrel as energy market may be past ‘point of no return’

Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’

Barchart

Soybeans Slipping on Tuesday Morning Trade

Soybeans are showing 3 to 5 ½ cent lower trade so far on Tuesday morning. Crude oil is a pressure factor, down $3.85 from Friday, as the US and Iran were inching closer to a deal over the weekend, though there is nothing set as of this morning. Futures held...

Barchart

Corn Falling Early on Tuesday

Corn price action is resuming trade on Tuesday morning with losses of 4 to 5 cents. Crude oil is a pressure factor, down $3.85 from Friday, as the US and Iran were inching closer to a deal over the weekend, though there is nothing set as of this morning. Futures...

Barchart

Wheat Extending Slide on Tuesday Morning

Wheat is feeling pressure from oil losses early on Tuesday morning with contracts down 2 to 7 cents. Crude oil is a pressure factor, down $3.85 from Friday, as the US and Iran were inching closer to a deal over the weekend, though there is nothing set as of this...

The Economic Times

Why is gold price down today? Check latest gold rate projections for June

Gold rate today: Elevated crude oil prices can accelerate inflation and keep interest rates higher for longer. While gold is seen as a hedge against inflation, higher rates tend to weigh on the non-yielding metal.

The Independent UK

Oil giant BP ousts chairman over 'conduct'

BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.”

The Guardian - UK

BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns

Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the role

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