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The Latest Breaking News from Oil

Oil and fuel prices hang in the balance of Trump and Putin peace talks

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.

Fortune

How AI-powered drones are reshaping industries and public safety

Drones are an emerging technology for industries, with the policy landscape increasingly supportive of drones for oil and gas, mining, ports, and utilities.

TechRadar

Gavin Newsom Says Trump Bent 'Knee' To Putin Ahead Of Alaska Summit

Gov. Gavin Newsom (D-Calif) criticized President Donald Trump on Thursday, accusing him of “bending his knee” to Russian President Vladimir Putin ahead of their Friday meeting in Alaska.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Indonesian Roof Tilers Flex Muscles To Keep Local Industry Alive

A young Indonesian man turns his back to a crowd, flexing his oiled-up muscles before picking up a stack of roof tiles, holding as many as he can in a pose reminiscent of Mr. Olympia.

International Business Times

Five Things To Know About Nigeria's Oil Sector

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer.

International Business Times

Trump's Former NSA John Bolton Rips Tariffs On Russian Oil As 'Unforced Error,' Warns Move Could Push India Into Moscow's Arms

Former National Security Advisor John Bolton criticized President Donald Trump‘s decision to impose tariffs on India for purchasing Russian oil. Writing on X Thursday, Bolton warned the move “potentially drives India closer to Russia, contrary to U.S. national interests.”

Benzinga

Asia Stocks Mixed Before US-Russia Summit

Asian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russia summit on Ukraine.

International Business Times

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Soybeans Close Lower on Thursday as Products Add Pressure

Soybeans fell lower on Thursday, with contract falling 14 to 16 ½ cents, as August expired down 3 ¼ at $10.08 ½. The cmdtyView national average Cash Bean price was down 16 3/4 cents at $9.65 1/4. Soymeal futures were back down $1.80 to $3.30/ton on the day, with Soy...

Barchart

Cotton Eases Back Lower on Thursday

Cotton futures closed the Thursday session with contracts down 5 to 10 points in the nearbys, as October was down 24 points on thin trade. The US dollar index was back down $0.383 to $98.045, as crude oil futures were down another $1.31. USDA’s Export Sales report showed a total...

Barchart

Oil Prices Jump Ahead Of Trump-Putin Meeting As Ceasefire Hopes Dim

Oil markets rebounded sharply on Thursday as traders positioned ahead of Friday's high-stakes meeting between President Donald Trump and Russian President Vladimir Putin in Alaska, while trimming their expectations for an immediate ceasefire deal.

Benzinga

Are Crude Oil Prices Going Much Lower?

Nearby NYMEX crude oil prices fell to the 2025 low of $55.12 per barrel in April, following the U.S. announcement of unprecedented tariffs on its trading partners worldwide. However, the turmoil in the Middle East lifted the price to $78.40 in late June, after which it ran out of upside…

Barchart

“Festivals are being cancelled due to extreme weather, and grassroots venues are grappling with rising energy costs”: Brian Eno and others urge government to cancel new North Sea oilfield

New Rosebank field will “accelerate the climate crisis”, they argue

MusicRadar

Cotton Posting Gains at Midday

Cotton futures are trading with contracts 10 to 18 point gains across the front months, with October slipping 14 point on thin trade. The US dollar index was back down $0.478 to $98.140, as crude oil futures were down another $1.15. USDA’s Export Sales report showed a total of 241,982...

Barchart

Soybeans Falling Back on Thursday Trade, as Bean Oil Adds Pressure

Soybeans are trading with Thursday midday losses, as contracts are down 11 to 14 cents at midday. The cmdtyView national average Cash Bean price was up 14 1/2 cents at $9.68 1/2. Soymeal futures are $2.30/ton higher to close the day, with Soy Oil futures up 123 points. There were...

Barchart

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Barchart

Crude Oil Rallies Ahead of Friday's Trump-Putin Summit

September WTI crude oil (CLU25 ) today is up +1.07 (+1.71%), and September RBOB gasoline (RBU25 ) is up +0.0377 (+1.82%). Crude oil prices today are sharply higher on some short-covering ahead of Friday's Trump-Putin summit. President Trump has said he will proceed with high tariffs on countries that buy...

Reason

Burning the Midnight Oil in the Northern District of Texas

"[A] little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a robber, and want like an armed man."

The Independent UK

US warns India could face higher tariffs if Trump-Putin talks fail

Donald Trump has already imposed a 50 per cent import levy on India

Barchart

Soybeans Fading Lower on Thursday Morning

Soybeans are trading with early Thursday AM losses of 5 to 6 cents as bulls took a breather for the overnight session. Bulls pushed back into the close on Wednesday, with contracts up 10 to 12 cents at the close. November filled the gap from the post-July 4th weekend. Prelininary...

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The Guardian - UK

Putin ready to make Ukraine deal, Trump says before Alaska summit

US president’s comment that Russian and Ukrainian leaders may have to ‘divvy’ things up likely to raise alarm

The Guardian - US

Why our broken food system remains a climate disaster: ‘broiling the planet to stuff our faces’

Author Michael Grunwald reckons with the challenge of food-based climate emissions in his new book We Are Eating the Earth

Barchart

Cotton Retreat Lower on Wednesday

Cotton futures closed out the Wednesday session with contracts 52 to 66 in the red, as futures reverted lower from the USDA led rally on Tuesday. The US dollar index was back down $0.302 to $97.625, as crude oil futures were down another 45 cents. The Seam reported 1,066 bales...

Homes & Gardens

How to make DIY scented drawer liners in 3 simple steps and instantly banish musty home storage

Keep them fresh and fragrant with ease

Grocery Coupon Guide

6 Bulk Items That Actually Expire Quicker

Buying in bulk is often praised as a smart way to save money, reduce shopping trips, and keep your pantry stocked. But not every product benefits from sitting in large quantities on your shelves. Some items have shorter shelf lives than you might expect, and purchasing them in bulk can…

Benzinga

Trump-Putin Meeting Looms: Here's How Oil Markets Could React

With President Donald Trump set to meet Russian President Vladimir Putin in Alaska on Friday, global oil markets are on edge, weighing the possibility of peace, pressure, or a fresh wave of economic retaliation with the risks of major energy consequences.

Barchart

Crude Oil Falls on Bearish Weekly Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25) on Wednesday closed down -0.52 (-0.82%), and September RBOB gasoline (RBU25) closed down -0.0040 (-0.19%). Crude oil prices on Wednesday fell due to a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency....

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