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The Latest Breaking News from Oil

New Mexico Again Debates Greenhouse Gas Reductions as Snow Melts

Lawmakers table bill to expand use of oilfield wastewater and shoot down another that would restrict drone use around “critical” infrastructure.

Capital & Main

Cotton Closes Near Unchanged on Tuesday

Cotton futures fell from early session highs, as contracts closed within 5 points of unchanged on Tuesday. Crude oil futures are down $0.16 per barrel on the day at $64.20. The US dollar index was up $0.042 to $96.730. USDA’s update to the WASDE balance sheet showed a 200,000 bale...

Barchart

Soybeans Resume Strength on Tuesday

Soybeans closed Tuesday with contracts 11 to 13 cent higher in the front months. The cmdtyView national average Cash Bean price was up 11 3/4 cents at $10.56 1/4. Soymeal futures were $2.10 to $3.20 higher on the day, with Soy Oil futures are 50 to 58 points in the...

Barchart

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Crude Prices Edge Lower on Energy Demand Concerns

March WTI crude oil (CLH26 ) on Tuesday closed down -0.40 (-0.62%), and March RBOB gasoline (RBH26 ) closed down -0.0263 (-1.32%). Crude oil and gasoline prices settled lower on Tuesday after US retail sales in December unexpectedly stagnated, a sign of weakness in consumer spending that is bearish for...

Barchart

The 16 best Valentine’s Day US food gifts - with last-minute ideas that still feel thoughtful

Kit Kats, wine, pasta subscriptions and more: our curated list of gift ideas for every type of food lover

The Guardian - US

Cotton Holding Gains into Tuesday’s Midday

Cotton futures are trading with midday gains limited to 3 to 18 points in the nearbys. Crude oil futures are down $0.20 per barrel on the day at $64.16. The US dollar index is up $0.017 to $96.705. USDA’s update to the WASDE balance sheet showed a 200,000 bale cut...

Barchart

Soybeans Posting Tuesday Gains Despite USDA Raising Brazilian Production

Soybeans are trading with 10 to 11 cent gains so far on Tuesday. The cmdtyView national average Cash Bean price is up 10 ½ cents at $10.55. Soymeal futures are $2.40 higher on the day, with Soy Oil futures are 37 to 38 points in the green on the day....

Barchart

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Honeymoon period for new BP boss won’t last long

Markets did not like the decision to suspend share buy-backs – and investors will want clarity about what happens next

The Guardian - UK

Energy Demand Concerns Weigh on Crude Prices

March WTI crude oil (CLH26 ) today is down -0.33 (-0.51%), and March RBOB gasoline (RBH26 ) is down -0.0195 (-0.98%). Crude oil and gasoline prices are under pressure today on energy demand concerns after US retail sales in December unexpectedly stagnated, a sign of weakness in consumer spending that...

Barchart

The best scalp treatments to soothe irritation, banish flakes and promote healthier hair

Our beauty contributor reviews the best scalp treatments to help achieve healthier, happier hair

Woman & Home

How the Russia-Ukraine war is impacting Putin’s biggest asset

IN FULL

The Independent UK

Cotton Extending Bounce to Tuesday Morning

Cotton price action is up 55 to 60 points in the front months. Futures closed the Monday session with contracts up 55 to 75 points in the nearbys. Crude oil futures were up $0.87 per barrel on the day at $64.41. The US dollar index was down $0.771 to $96.735....

Barchart

US boards Venezuela-linked oil tanker in the Indian Ocean after pursuit from Caribbean

US Department of Defense says Aquila II was intercepted after defying the Trump administration's blockade of oil shipments to and from Venezuela.

Euronews

Cuba says airlines can no longer refuel on the island amid US oil blockade

The government of Cuba published the notices to airlines and pilots on Sunday night, warning that jet fuel would be available at nine airports across the island, starting Tuesday and continuing until 11 March.

Euronews

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The Guardian - UK

Iran’s shadow fleet of old tankers a ticking bomb for sea life, say experts

Exclusive: Analysts say there will be oil spill catastrophe that could be far bigger than Exxon Valdez disaster

The Times of India

Shanghai has been sinking for decades but something invisible beneath the ground is slowing it down

For decades, scientists have warned that Shanghai, one of the world’s largest and most densely populated coastal megacities, has been slowly sinking because of how humans have used the land beneath it. The problem is not new. As per reports, historical records show that parts of Shanghai have dropped more…

We Got This Covered

Trump’s Energy Minister insists that the President’s interests in Venezuela aren’t about oil, even though he is about to travel for oil

Everything the administration has done so far proves it is about oil.

Euronews

Russia's oil revenues dwindle as sanctions bite, hitting economy

The Kremlin has resorted to higher taxes and borrowing to fill the gap left by dwindling oil revenues and slower economic growth.

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MyLifeXP

6 Incredible Steamed Indian Dishes That Are Low-Cal, Cholesterol-Free, and Irresistible

Steamed foods are not only delicious but also incredibly healthy. Beyond popular dishes like Idli and Dhokla, India has a treasure of rare steamed delicacies that are light, nutritious, and perfect for all ages. These dishes are naturally low in cholesterol, easy to digest, support weight management, and preserve authentic…

The Guardian - UK

BP halts share buy-backs as annual profits slide

Pressure mounts on oil and gas company as it aims for turnaround under new chief executive

Fortune

The Trump Administration touts approvals for deepwater oil-exporting hubs in the Gulf of Mexico, but no one seems willing to build them

The Texas GulfLink project was just licensed to build an oil-shipping hub 30 miles into the U.S. Gulf, but demand for such projects has tumbled.

Evening Standard

BP halts share buybacks and ramps up cost-cutting as profits slump

The FTSE 100 oil giant reported a 16% fall in underlying replacement cost profits to 7.49 billion US dollars (£5.47 billion) for 2025.

The Guardian - UK

Barclays boss ‘shocked’ by Epstein revelations; BP annual profits slump 16% – as it happened

Barclays CEO speaks as bank deals with fallout of ex-boss Jes Staley’s ties to convicted child sex offender; Japan’s stock market jumps to new peak in extended rally after Sanae Takaichi’s party secures election victory

Euronews

Newsletter: EU leaders raise the stakes ahead of talks on economic revival

Also in this newsletter: EU officials express reservations over Spain's decision to regularise undocumented migrants, and why the EU wants to end the price cap on Russian oil.

Evening Standard

FTSE 100 Live 10 February: Barclays boss gets £15m pay packet, BP halts buybacks

BP today halted share buybacks and reported a big fall in profits during a weaker session for the FTSE 100 index.

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