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The Latest Breaking News from Oil

Gold slips as oil strength, interest rate worries dampen appeal

Gold prices dipped for a second week, pressured by escalating oil costs and growing inflation worries. Concerns over potential interest rate hikes by the U.S. Federal Reserve, fueled by a resilient job market and ongoing geopolitical tensions, are impacting the precious metal. Investors are closely watching economic indicators and international…

The Economic Times

Arvind Panagariya’s advice to RBI: ‘100 is just a number; let rupee depreciate or reserves will bleed out’

Arvind Panagariya, Chairman of the 16th Finance Commission, advises the Reserve Bank of India to allow the Indian rupee to weaken. He believes aggressively defending the currency with foreign exchange reserves is a losing strategy. Panagariya suggests that letting the rupee depreciate is the correct response to rising oil prices…

The Economic Times

Dollar perched near six-week high on uncertainty over US-Iran deal

The dollar held near a six-week high on Friday, buoyed by hopes of U.S.-Iran peace deal progress and strong U.S. economic data. Despite mixed signals from talks, investors favored the dollar, while the yen weakened significantly due to high oil prices and concerns over intervention. Emerging Asian currencies also faced…

The Economic Times

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Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows…

The Economic Times

AAP Rolling News Bulletin May 22, 1200

AAP Rolling News Bulletin for May 22 at 1200

AAP

AAP Rolling News Bulletin May 22, 1130

AAP Rolling News Bulletin for May 22 at 1130

AAP

Global Market Today: Asian stocks edge up on optimism over Iran talks

Asian markets are up for a second day. US stock futures are also higher. Optimism about US-Iran talks is boosting sentiment. However, oil prices are climbing again. This is causing some caution. Investors are watching geopolitical developments closely. The yen is steady. Gold is slightly lower.

The Economic Times

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From Fiji to French Polynesia, how Pacific islands are uniquely vulnerable to the oil crisis

The reliance of island countries and territories on imported oil is expected to hit economic growth and increase inflation

The Guardian - AU

Hormuz closure threatens recession rivaling 2008, Rapidan Energy Group says

Rapidan Energy Group warns that if the Strait of Hormuz remains closed through August, the world economy could face a downturn approaching the severity of the 2008 financial crisis.

The Economic Times

AAP Rolling News Bulletin May 22, 1100

AAP Rolling News Bulletin for May 22 at 1100

AAP

AAP Rolling News Bulletin May 22, 1030

AAP Rolling News Bulletin for May 22 at 1030

AAP

AAP Rolling News Bulletin May 22, 1000

AAP Rolling News Bulletin for May 22 at 1000

AAP

AAP Rolling News Bulletin May 22, 0930

AAP Rolling News Bulletin for May 22 at 0930

AAP

AAP Rolling News Bulletin May 22, 0900

AAP Rolling News Bulletin for May 22 at 0900

AAP

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Barchart

Cotton Falls on Thursday

Cotton futures closed the Thursday session with contracts down 198 to 362 points across the board. The US dollar index was $0.151 higher at $99.165. Crude oil was down $0.26 on the day to $98.00. USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26...

Barchart

Soybeans Face Pressure on Thursday

Soybeans posted Thursday losses of 1 ¼ to 6 ¾ cents across the board at the close. The cmdtyView national average Cash Bean price was down 6 1/2 cents at $11.30 1/2. Soymeal futures were down $2.30 to $2.80 on the day, with Soy Oil futures 19 to 79 points...

AAP

AAP Rolling News Bulletin May 22, 0830

AAP Rolling News Bulletin for May 22 at 0830

The Independent UK

Newsom's office warns Californians to avoid Chevron this holiday weekend, citing high gas prices

California Gov. Gavin Newsom’s office is warning people to avoid buying gas from Chevron stations over Memorial Day weekend because of the high price at the pump

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AAP

AAP Rolling News Bulletin May 22, 0800

AAP Rolling News Bulletin for May 22 at 0800

AAP

AAP Rolling News Bulletin May 22, 0730

AAP Rolling News Bulletin for May 22 at 0730

AAP

AAP Rolling News Bulletin May 22, 0700

AAP Rolling News Bulletin for May 22 at 0700

Barchart

Stocks Rebound as Crude Oil Falls on Hopes for a US-Iran Deal

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.20%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

AAP

How major US stock indexes fared Thursday 5/21/2026

U.S. stocks ticked higher following the latest reversal for oil prices

AAP

US stocks edge higher following the latest U-turn for oil prices

U.S. stocks ticked higher following the latest reversal for oil prices

AAP

AAP Rolling News Bulletin May 22, 0630

AAP Rolling News Bulletin for May 22 at 0630

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