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The Latest Breaking News from Oil

Donald Trump's 'North Sea oil is UK treasure chest' claim rubbished

DONALD Trump’s claim that North Sea oil is a “treasure chest for the UK” has been dismissed as “pure fantasy”.

The National (Scotland)

The rise of London Mediterranean, the style defining the capital's hottest restaurants

‘London Mediterranean’ is a more encompassing and minded way to define food here beyond ‘modern European’

Evening Standard

Trump hits out at Starmer over taxes and says North Sea oil is ‘treasure chest’ for UK

US president heaped praise on the Labour prime minister during their meeting and even gave him the green light to recognise Palestine, although he did advise cutting taxes and immigration to beat Nigel Farage at the next election

The Independent UK

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Only 0.5% of 90,000 oil slicks reported over five-year period, analysis finds

Pollution incidents reported between 2014 and 2019 were compared against scientific study that used satellite imagery to count slicks

The Guardian - UK

The beauty industry loves argan oil but Morocco’s trees are under pressure from drought and demand

The hidden cost of argan oil's beauty boom is drought, deforestation and disappearing traditions.

Euronews

How to make the most of your crop of garden herbs

Air-drying and freezing can help preserve garden herbs for months beyond harvest

The Independent UK

From futuristic design icon to environmental villain – the 80-year history of the plastic chair

What springs to mind when you’re asked to think of plastic chairs? Do you picture the ubiquitous lightweight, stackable polypropylene chair sold cheaply in hardware stores worldwide?

The Conversation

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Gorilla habitats and pristine forest at risk as DRC opens half of country to oil and gas drilling bids

Government launches licensing round for 52 fossil fuel blocks, potentially undermining a flagship conservation initiative and affecting an estimated 39 million people

The Guardian - UK

The ‘liquid gold’ hair product that is threatening forests

Morocco’s argan forests are thinning under the strain of climate change, overharvesting and booming demand for luxury cosmetics

The Independent UK

Soybeans Fall to Start the Week, as Ratings Improve

Soybeans closed the Monday session with contracts down 9 to 10 cents. The cmdtyView national average new crop Cash Bean price was down 10 1/2 cents at $9.59 1/4. Soymeal futures were fading lower on Monday, with contracts $1.60 to $2.90. Soy Oil was 1 to 27 points higher on...

Barchart

Cotton Pop Higher on Monday, USDA Shows Drop in Ratings

Cotton futures closed out the Monday session with contracts up 11 to 39 points. Crude oil futures were $1.79/barrel higher. The US dollar index was rallying, up $0.996 to $98.295. Weekly Crop Progress data indicated 80% of the US cotton crop was squaring as of July 27, with 44% setting...

Barchart

Kudos to Donald Trump for advancing the doomsday clock as his most lasting contribution to history

Undoing so much work for the environment.

We Got This Covered

Crude Oil Sharply Higher on Concerns About Tighter Global Supplies

September WTI crude oil (CLU25 ) on Monday closed up +1.55 (+2.38%), and September RBOB gasoline (RBU25 ) closed up +0.0388 (+1.88%). Crude oil and gasoline prices rallied sharply on Monday to 1-week highs. Concerns about the possibility of tighter global oil supplies boosted crude prices Monday after President Trump...

Barchart

Pizzeria mishap left at least 85 people intoxicated with THC after infused oil used for dough

In 2024, an odd outbreak of THC intoxication hit more than 80 people in Wisconsin after a pizzeria accidentally used oil infused with the psychoactive ingredient.

LiveScience

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Barchart

Strength in Crude Oil Sparks Short Covering in Sugar Futures

October NY world sugar #11 (SBV25 ) on Monday closed up +0.14 (+0.86%), and October London ICE white sugar #5 (SWV25 ) closed up +3.80 (+0.81%). Sugar prices finished higher Monday as a rally in crude oil prices sparked short covering in sugar futures. WTI crude oil (CLU5 ) rose...

Evening Standard

14 dinner party gifts to impress your host, from celebrity wine and luxe olive oil to scented candles

What to bring when you don’t know what to bring, as curated by a dinner party aficionado

Barchart

Cotton Holding Gains on Monday’s Midday

Cotton futures are trading with 18 to 25 point gains across the front months on Monday, despite mixed outside factors. Crude oil futures are $1.34/barrel higher. The US dollar index is rallying, up $0.896 to $98.295. Commitment of Traders data showed spec traders adding a total of 1,415 contracts to...

Barchart

Soybean Bulls Tripping Up on Monday

Soybeans are down 9 to 10 cents across the front months on Monday. The cmdtyView national average new crop Cash Bean price is down 9 1/4 cents at $9.60 1/2. Soymeal futures are fading lower, with contracts $1.90 to $2.10. Soy Oil was is 2 to 6 points higher at...

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Benzinga

Oil, Energy Stocks Rise, Dollar Rallies On US-EU Trade Deal: What's Moving Markets Monday?

Wall Street opened the week slightly higher, led by gains in energy stocks, while the U.S. dollar posted its strongest performance in over two months, as markets reacted to the U.S.-EU trade deal struck over the weekend.

Barchart

Sugar Prices Supported by Strength in Crude Oil

October NY world sugar #11 (SBV25 ) today is up +0.08 (+0.49%), and October London ICE white sugar #5 (SWV25 ) is up +1.30 (+0.28%). Sugar prices are rising today as a rally in crude oil prices has sparked short covering in sugar futures. WTI crude oil (CLU5 ) is...

Benzinga

Crude Oil Gains 2%; CEA Industries Shares Spike Higher

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining more than 50 points on Monday.

Barchart

Crude Oil Rallies as President Trump Imposes a New Deadline on Russia

September WTI crude oil (CLU25 ) today is up +1.34 (+2.06%), and September RBOB gasoline (RBU25 ) is up +0.0328 (+1.59%). Crude oil and gasoline prices today are up sharply at 1-week highs. Concerns about the possibility of tighter global oil supplies are lifting crude prices today after President Trump...

Evening Standard

Trump hits out at ‘ugly monster’ wind farms as he backs oil and gas

The US President has long been outspoken about his opposition to wind energy.

Euronews

Oil prices rise on EU-US trade deal and Trump comments on Ukraine

US President Donald Trump said on Monday he was reducing a 50-day deadline given to Vladimir Putin to agree a deal with Ukraine. Oil prices had already risen on news of a EU-US trade deal.

The Conversation

Mountains of fire: what hillwalking with my father taught me about the origins of oil exploration

“Far over the misty mountains cold,” Dad read. Every evening before my light was turned out, he read me a story about a hobbit who left his comfortable burrow to journey to the Lonely Mountain. Searching for gold at the mountain’s roots, talking to eagles, scaring wolves off by starting…

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