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The Latest Breaking News from Oil

Stock Market Today: Stocks Drop Ahead of September Jobs Report

Stocks were choppy Thursday as investors took in a higher-than-expected rise in jobless claims and strong growth in the services sector.

Kiplinger

Oil prices jump as speculation rises on possible Israeli retaliation against Iran

US crude oil jumped slightly after US President Joe Biden said he was "discussing" an Israeli strike on Iranian oil facilities. Chaos builds for shippers as US dockworkers enter their third day of strike action. In several cities across the US, the cost of childcare is overtaking the cost of…

France 24

Crude Sharply Higher on a Possible Israeli Attack on Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) Thursday closed up +3.61 (+5.15%), and Nov RBOB gasoline (RBX24 ) closed up +10.67 (+5.37%). Crude oil and gasoline prices Thursday surged to 1-month highs on concern Israel may target Iran's oil industry in retaliation for Iran’s missile attack on Israel. Crude prices also...

Barchart

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Biden says US ‘discussing’ possible Israeli plans to attack Iran’s oil industry

President’s off-the-cuff remark outside White House over possible retaliation triggers global oil price rise

The Guardian - UK

Sugar Prices Rally on Strength in Crude Oil

March NY world sugar #11 (SBH25 ) Thursday closed up +0.56 (+2.47%), and December London ICE white sugar #5 (SWZ24 ) closed up +10.00 (+1.74%). Sugar rallied on Thursday due to a +4% jump in crude prices (CLX24 ) to a 1-month high. Strength in crude oil benefits ethanol prices...

Barchart

The most common 8 candle wax types explained – plus which ones to avoid burning in your home

You might think fragrance is the most important part of a candle, but experts urge you to think again

Homes & Gardens

Stocks Tilt Lower as Oil Prices Spike

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is off by -0.51%. Stocks are struggling to pick a direction ahead of Friday's key...

Barchart

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Israeli strikes on Beirut kill at least nine as military calls for more Lebanon evacuations

Residents in more than 20 towns told to leave, in sign of potential expansion of air and ground assault against Hezbollah. It comes as US president Joe Biden says Washington ‘discussing’ the possibility of Israel striking Iranian oil sites

The Independent UK

What are the risks involved in Israeli options for retaliatory strikes on Iran?

Israel has several possible targets including military, economic or even nuclear sites, but all come with caveats

The Guardian - UK

Oil Market Remains Calm Amidst Middle East Chaos

Learn about the potential impact of Middle East conflicts on global oil markets and the interconnectedness of geopolitics and energy markets.

Top News

Sugar Prices Gain as Crude Oil Surges

March NY world sugar #11 (SBH25 ) today is up +0.42 (+1.85%), and December London ICE white sugar #5 (SWZ24 ) is up +8.20 (+1.43%). Today's +4% jump in crude prices (CLX24 ) to a 1-month high supports moderate gains in sugar. Strength in crude oil benefits ethanol prices and...

Barchart

Relief In Brazil, Asia Over Delay To EU Deforestation Rules

Brazil's government on Thursday joined Asian palm oil and coffee producers in welcoming a European Union decision to delay implementation of new anti-deforestation rules which had faced strong global pushback.

International Business Times

CEOs shouldn’t worry about the economic fallout from the Israel-Iran conflict—yet

There’s a risk of “immediate, massive implications” if either side starts to target oil infrastructure.

Fortune

Brewer to cut emissions by making beer using a heat pump in UK first

Hepworth in West Sussex replacing boiler with prototype generating 130C steam that could cut fuel costs by 40%

The Guardian - UK

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Barchart

Crude Spikes to a 1-Month High on Possible Israeli Retaliation on Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) today is up +2.68 (+3.82%), and Nov RBOB gasoline (RBX24 ) is up +7.77 (+3.91%). Crude oil and gasoline prices surged today to 1-month highs on concern Israel may target Iran's oil industry in retaliation for its missile attack on Israel. Crude prices also...

International Business Times

Biden Warns Israel Not To Attack Iran's Nuclear Program

But the president appeared open to Israel targeting Iran's oil reserves in retaliation for Tuesday's missile attack

Barchart

2 Dividend Stocks Yielding at Least 8% to Buy in October

These dividend stocks offer yields above 8%, making them excellent choices for investors seeking to start a reliable income stream in October.

Outdoor chef shares 5 fall camping meals to keep you full and energised

Warm yourself up from the inside out with these hearty autumn recipes

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International Business Times

Oil Prices Rise, Stocks Fall On Middle East Tensions

Oil prices rose and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East and awaited a key US jobs report.

The Guardian - UK

Van Gogh is turning in his grave at the harsh Just Stop Oil sentence. I know, because I spoke to him

Nature was the painter’s ultimate muse, and he would have admired those seeking to protect it, says activist Nadya Tolokonnikova

Top News

Global Markets React To Middle East Tensions And Economic Data

Global markets react to Middle East tensions, impacting stocks and currencies. Oil prices rise amid uncertainty. U.S. stocks stall, while Japan's Nikkei su...

The Guardian - UK

Sterling drops after Bank of England boss hints at ‘aggressive’ rate cuts

Pound reacts as Andrew Bailey tells Guardian borrowing costs could fall if inflationary pressures continue to ease

The Guardian - UK

How the ‘Frida Kahlo of environmental geopolitics’ is lighting a fire under big oil

Colombian environment minister Susana Muhamad once worked for Shell. Now, as the country gears up to host the biodiversity Cop16, she is calling for a just transition away from fossil fuels

Al Jazeera

How might Israel respond to Iran’s missile attacks?

All options are on the table as Israel is expected to launch a retaliatory attack on strategic Iranian assets.

The Guardian - UK

‘Very serious’: Bank of England governor warns of Middle East oil shock risk

Exclusive: Andrew Bailey also hints at ‘more aggressive’ path for cutting interest rates if inflation news stays positive

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