The Latest Breaking News from Oil

November WTI crude oil (CLX25 ) on Thursday closed down -0.01 (-0.02%), and November RBOB gasoline (RBX25 ) closed down -0.0075 (-0.38%). Crude oil and gasoline prices posted modest losses on Thursday after the dollar index (DXY00 ) rallied to a 3-week high. Also, the outlook for higher crude exports...

Crude oil products include gasoline and distillates, the latter of which comprise heating oil, jet fuel, and diesel fuel. Gasoline is a seasonal energy commodity, peaking in spring and summer and typically declining in the fall and winter. Meanwhile, distillates are more year-round energy commodities.

Soybeans are showing steady trade on Thursday, with contracts with fractionally mixed trade. The cmdtyView national average Cash Bean price is ¼ cent higher at $9.33. Soymeal futures are down $2.50 to $3.70 on the day, with Soy Oil futures 35 points higher. Argentina’s suspension of export taxes was lifted...

Cotton futures are trading with Thursday losses of 1 to 42 points across most contracts. The outside markets are pressure factors, as the US dollar index is back up $0.582 on the day to $98.100 with crude oil futures 28 cents lower. Export Sales data from this morning showed just...

US President Donald Trump on Thursday urged Turkish counterpart Recep Tayyip Erdogan to stop buying Russian oil over the war in Ukraine, as Erdogan sought a long-awaited deal to buy US stealth fighter jets.

One of the most reliable contrarian signals in the markets is insider buying. Executives and directors might sell stock for any number of reasons: taxes, diversification, or simple lifestyle spending. But they buy for just one reason. They believe the price will rise. In energy, where cycles are long, brutal,…

November WTI crude oil (CLX25 ) today is down -0.30 (-0.46%), and November RBOB gasoline (RBX25 ) is down -0.0079 (-0.40%). Crude oil and gasoline prices are under pressure from today's rally in the dollar index (DXY00 ) to a 3-week high. Also, the outlook for higher crude exports from...

Cotton price action is up 7 to 16 points early on Thursday. Futures posted losses on Wednesday, with contracts falling 45 to 50 points in the front months. The outside markets were mixed, as the US dollar index was back up $0.617 on the day to $97.510 with crude oil...

Conflict in Ukraine and Middle East as well as trade tariffs are making states focus on energy security

Another business-led effort to fight climate change is unraveling.

Australia’s inability to close top MA deals is becoming a growing frustration. The collapse of Abu Dhabi National Oil Company’s (ADNOC) $18.7 billion takeover bid for Santos (OTCPK: SSLZY) (the nation’s biggest supplier of natural gas) earlier this month is just the latest example. Valuation disputes, regulatory hurdles, and unexpected…