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The Latest Breaking News from Oil

The $8 Non-Toxic Fragrant Fix for Keeping Mosquitoes Away This Summer – It's the Simple Solution to Save Al Fresco Hosting

It's one of the oldest tricks in the book

Homes & Gardens

Dollar Retreats on Iran Optimism

The dollar index (DXY00 ) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved lower after comments from President Trump that the US was in the “final stages” with Iran, which knocked crude oil prices down...

Barchart

Crude Oil Prices Plummet on Speculation Strait of Hormuz Could Soon Reopen

July WTI crude oil (CLN26 ) on Wednesday closed down -5.89 (-5.66%), and July RBOB gasoline (RBN26 ) closed down -0.1911 (-5.35%). Crude oil and gasoline prices plunged on Wednesday, with gasoline falling to a 1.5-week low. Crude price plummeted on Wednesday after President Trump said the US is in...

Barchart

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New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 start

Iran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf of Oman coastline. The U.S. has imposed its own blockade on Iranian ports and attempted an aborted operation to reopen the chokepoint.

The Economic Times

Regulators looking at three firms over multimillion-dollar trades before Trump’s Iran war announcement, report says

The three financial firms, which have not been accused of wrongdoing, said they had not been contacted by the Commodity Futures Trading Commission

The Independent UK

BC-OILS

NEW YORK (AP) — Futures trading on the New York Mercantile Exchange Wednesday:

AAP

UK struggles to reassure Ukraine after easing new sanctions on Russian oil

Diplomats mount salvage operation after ‘clumsy’ announcement upsets Kyiv

The Guardian - UK

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Sugar Prices Erase Early Gains as Crude Oil Prices Plunge

July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.28 (-1.87%), and Aug London ICE white sugar #5 (SWQ26 ) closed unchanged. Sugar prices gave up an early advance today and settled mostly lower. Sugar prices came under pressure after crude oil prices (CLN26 ) plunged by more...

Barchart

70-Foot Wastewater Geyser Reflects New Mexico’s Latest Oilfield Challenge

It’s a towering example of the contentious debate over what to do with the state’s ever-growing supply of oilfield waste.

Capital & Main

Oil Plummets As Hopes For An Iran Deal Rise After Trump's Remarks About Talks Being In 'Final Stages'

Oil prices fell sharply on Wednesday after President Donald Trump said talks with Iran to end the war are in their "final stages."

International Business Times

US military boards Iranian-flagged oil tanker suspected of trying to breach blockade

The U.S. military says it boarded an Iranian-flagged commercial oil tanker in the Gulf of Oman that was suspected of trying to violate the American blockade

The Independent UK

Scalp Care Is Key in 2026—These Are the Best Solutions, According to Our Marie Claire UK Hair Awards Judges

Hair health starts at the root

Marie Claire

These Formula Pioneers Earned Top Marks From Our Judges at the 2026 Marie Claire Hair Awards

Only the most cutting-edge of innovations

Marie Claire

The Best Repair Products of 2026, as Voted by Our Marie Claire Hair Awards Judges

From bond repair to expert-approved masks

Marie Claire

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Barchart

Soybeans Slipping on Wednesday, on Outside Pressure

Soybeans are trading with contracts 9 to 11 ¼ cent losses so far on Wednesday. The cmdtyView national average Cash Bean price is down 10 1/2 cents at $11.36 1/2. Soymeal futures are down $1.70 to $2 on the day, with Soy Oil futures 70 to 90 points lower. Crude...

Barchart

Corn Facing Crude Oil Pressure on Wednesday

Corn futures are trading with 10 to 11 cent losses in the front months on Wednesday. The CmdtyView national average Cash Corn price is down 10 3/4 cents to $4.24 1/4. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages....

Barchart

Cotton Back to Mixed Trade at Wednesday’s Midday

Cotton futures are trading with contracts down 53 points to 3 points higher in the front months. The US dollar index is $0.211 higher at $99.055. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages. The Cotlook A Index was...

The Independent UK

Ukrainian MP says lifting sanctions on Russian oil puts ‘question mark’ over friendship with UK

The Ukrainian MP said the decision told Russia that ‘everything can be bought and everything is for sale’

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Barchart

Slumping Crude Oil Undercuts Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is down -0.25 (-1.67%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.10 (+0.02%). Sugar prices gave up an early advance today and are trading mixed. Sugar prices came under pressure after crude oil prices (CLN26 ) plunged by...

AAP

US stocks rally as pressure eases from the bond market and oil prices fall

The U.S. stock market is bouncing back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

Barchart

Walmart Stock Looks Quite Risky Heading Into Q1 Results

Higher oil prices and the K-shaped economy are negative catalysts for WMT stock.

Barchart

Crude Oil Prices Tumble on Hopes the Iran War Could Soon End

July WTI crude oil (CLN26 ) today is down -4.43 (-4.25%), and July RBOB gasoline (RBN26 ) is down -0.1264 (-3.54%). Crude oil and gasoline prices are falling sharply today on optimism that diplomacy may finally end the Iran war and reopen the Strait of Hormuz. Crude prices remained sharply...

AAP

US stocks bounce back after pressure eases from the bond market and oil prices fall

The U.S. stock market is bouncing back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains

The Times of India

UK quietly eases Russian oil sanctions as petrol prices climb to highest since 2022 amid Iran conflict

Britain is recalibrating its approach to Russian oil imports by introducing restrictions on refined products at a measured pace. This strategy, driven by escalating energy market volatility linked to conflicts in the Middle East and climbing fuel prices, seeks to mitigate the risk of abrupt supply shortages.

Euronews

EU vows to stand firm on Russia as UK scrambles to explain sanctions decision

Brussels is testing the waters with G7 allies to introduce a full ban on maritime services for Russian oil tankers. But recent decisions taken by the US and the UK suggest an uphill struggle to secure the green light.

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