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The Latest Breaking News from crude oil

Dollar Falls as Stocks Rally and Crude Oil Retreats

The dollar index (DXY00 ) fell by -0.08% on Thursday. The dollar moved lower on Thursday as strength in stocks reduced liquidity demand for the currency. Also, Thursday’s -2% fall in crude oil prices lowered inflation expectations and could prompt the Fed to ease monetary policy, a bearish factor for...

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Crude Oil Prices Slump on Limited Escalation of US-Iran Conflict

August WTI crude oil (CLQ26 ) on Thursday closed down -1.44 (-1.96%), and August RBOB gasoline (RBQ26 ) closed down -0.0647 (-2.00%). Crude oil and gasoline prices gave up an early advance on Thursday and fell sharply on speculation the escalation of hostilities between the US and Iran will be...

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Cotton Easing Lower on Thursday

Cotton futures are trading with midday losses of 14 to 73 points across most contracts at midday Crude oil is correcting back lower on Thursday despite back and forth strikes between the US and Iran overnight, down $1.49 at midday. The US dollar index is down $0.094. Export Sales data...

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Crude Oil Prices Erase Early Gains in Hopes of Limited US-Iran Hostilities

August WTI crude oil (CLQ26 ) today is down -1.32 (-1.80%), and August RBOB gasoline (RBQ26 ) is down -0.0332 (-1.07%). Crude oil and gasoline prices gave up an early advance today and turned lower on speculation the escalation of hostilities between the US and Iran will be limited. Crude...

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Oil Surges Again as US-Iran War Escalates: Top Economist Justin Wolfers Explains the ‘Hidden Pattern’ Driving Gas Prices

Fresh military strikes in the Middle East have shattered a fragile ceasefire, sending crude oil prices surging and guaranteeing an immediate spike in fuel costs. This rapid increase, contrasted with sluggish price drops during periods of relief, is driven by a “hidden pattern” that economists have long tracked.

Benzinga

Cotton Falling Lower on Thursday

Cotton prices are down 95 to 137 points so far. Futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude oil was up $4.32 following the US striking Iran overnight and again today, as President Trump stated...

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Current price of oil as of July 9, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

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India's crude imports remain resilient despite Strait of Hormuz tensions

India's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfolio over recent years. Russia now supplies over half of India's total crude oil imports. However, LPG and LNG supplies remain vulnerable to Gulf disruptions. Prolonged instability could increase shipping costs and regional…

The Economic Times

India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?

India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as soaring crude oil prices, LPG under-recoveries, weak fuel marketing margins and rupee depreciation squeeze profitability. Analysts say further fuel price hikes may be needed if crude…

The Economic Times

Sensex jumps 238 points, Nifty closes near 24,000. 5 key factors behind today's D-Street rebound

Indian equities recovered on Thursday, paring some losses from Wednesday's significant decline. The Sensex and Nifty indices showed broad-based gains, with small and midcap stocks also rising. Easing geopolitical concerns and positive global market signals boosted investor sentiment significantly. Foreign institutional investors continued their buying trend for the sixth consecutive…

The Economic Times

Oil Price Today (July 9): Crude oil nears $80, up for 3rd day as US launches fresh strikes on Iran. Hormuz supply in jeopardy?

Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01%, to $74.26 a barrel. On Wednesday, the two benchmarks had settled at their highest levels in more than two weeks after U.S. President Donald Trump…

The Economic Times

Appeal for energy reforms as oil prices still fluctuate

Global crude oil prices remain highly volatile due to geopolitical factors, underscoring the need for Thailand to urgently address its structural weaknesses, says Finance Minister Ekniti Nitithanprapas.

Bangkok Post

Cotton Fades Back Lower on Wednesday

Cotton futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude oil was up $4.32 following the US striking Iran overnight and again today, as President Trump stated the ceasefire is over. The US also revoked waivers...

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Stocks Weighed Down by Geopolitical Risks

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.28%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.27%. September E-mini S&P futures (ESU26 ) fell -0.35%, and September E-mini Nasdaq futures...

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Radio France Internationale

Ugandan farmers take TotalEnergies' pipeline to UK court

Four Ugandan farmers filed a case against the East African Crude Oil Pipeline (EACOP) at the UK's High Court on Tuesday, seeking to have Ugandan constitutional, environmental and climate law applied to EACOP Ltd, the UK-registered company financing the project

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Dollar Erases Early Gains as Stocks Rebound from Early Sell-Off

The dollar index (DXY00 ) fell by -0.05% on Wednesday. The dollar gave up an early advance on Wednesday and posted modest losses as stocks recovered from their worst levels, which reduced liquidity demand for the dollar. The dollar initially moved higher on Wednesday amid the surge in crude oil...

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Crude Oil Prices Surge as Geopolitical Risks Intensify

August WTI crude oil (CLQ26 ) on Wednesday closed up +3.08 (+4.37%), and August RBOB gasoline (RBQ26 ) closed up +0.1495 (+5.06%). Crude oil and gasoline prices settled sharply higher on Wednesday, with crude rising to a 2-week high and gasoline climbing to a 1-month high. Crude prices are soaring...

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Cotton Falling Back on Wednesday

Cotton futures are trading with 90 to 98 point losses so far on Thursday, as contracts correct from near limit gains on Tuesday. The outside markets are stronger, as Crude oil is up $4.09 following the US striking Iran overnight and President Trump stating the ceasefire is over. The US...

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Sugar Prices Edge Higher on the Surge in Crude Oil

October NY world sugar #11 (SBV26 ) today is up +0.07 (+0.46%), and Aug London ICE white sugar #5 (SWQ26 ) is up +5.10 (+1.07%). Sugar prices are climbing today, with NY sugar posting a 1.75-month high. Today’s +7% surge in WTI crude oil prices (CLQ26 ) is boosting sugar...

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Crude Oil Prices Soar on Escalation of US-Iran Hostilities

August WTI crude oil (CLQ26 ) today closed up +5.23 (+7.41%), and August RBOB gasoline (RBQ26 ) is up +0.1956 (+6.62%). Crude oil and gasoline prices are surging today, with crude rising to a 2-week high and gasoline climbing to a 1-month high. Crude prices are soaring amid escalation of...

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Stocks Retreat on US-Iran Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.61%. September E-mini S&P futures (ESU26 ) are down -0.77%, and September E-mini Nasdaq futures...

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Dollar Climbs on Escalation of Middle East Hostilities

The dollar index (DXY00 ) is up by +0.09% today. The dollar is supported by today’s equity market slump, which has boosted liquidity demand for the currency. Also, higher crude oil prices today have pushed up inflation expectations and could persuade the Fed to keep monetary policy tight, a supportive...

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Stocks Pressured as US-Iran Hostilities Resume

The S&P 500 Index ($SPX ) (SPY ) today is down -0.49%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. September E-mini S&P futures (ESU26 ) are down -0.49%, and September E-mini Nasdaq futures...

Barchart

Cotton Slipping Back on Wednesday Morning

Cotton prices are down 19 to 28 points so far on Wednesday morning trade. Futures closed with contracts 99 to 299 points higher, with some contracts hitting the three cent limit at the high. The outside markets were mixed, as Crude oil was up $3.65 following Iran striking vessels in...

Fortune

Current price of oil as of July 8, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

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