The Latest Breaking News from Oil

US President Donald Trump has demanded that allies stop buying Russian oil before he moves on punishing Moscow, and told them to hit China with tariffs.

Cotton futures are showing slight losses across most contracts on Monday, with contracts down 4 to 17 points. The US dollar index is down $0.171 on the day to $97.365, with crude oil futures $0.61 higher. Weekly CFTC data indicated spec traders adding 2,536 contracts to their net short position...

In an effort to end Russia’s war in Ukraine, the US president proposes tariffs targeting Putin’s major trading partners.

Cotton price action is down 17 to 21 points early on Monday morning. Futures reversed higher on Friday, with most contracts up 10 to 12 points, as December was 80 points in the green. The US dollar index was up $0.127 on the day to $97.655 with crude oil futures...

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At least three people were killed in two separate operations by Ukrainian intelligence services

Overall at least five civilians were killed and 43 were injured in Russian attacks across Ukraine over the past 24 hours, regional authorities reported on Monday.

US and Chinese officials to meet for second day in Spain as Trump threatens to target China’s oil purchases.

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