The Latest Breaking News from Oil

Buying in bulk is often praised as a smart way to save money, reduce shopping trips, and keep your pantry stocked. But not every product benefits from sitting in large quantities on your shelves. Some items have shorter shelf lives than you might expect, and purchasing them in bulk can…

With President Donald Trump set to meet Russian President Vladimir Putin in Alaska on Friday, global oil markets are on edge, weighing the possibility of peace, pressure, or a fresh wave of economic retaliation with the risks of major energy consequences.

September WTI crude oil (CLU25) on Wednesday closed down -0.52 (-0.82%), and September RBOB gasoline (RBU25) closed down -0.0040 (-0.19%). Crude oil prices on Wednesday fell due to a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency....

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 400 points on Wednesday.

The U.S. Attorney's Office for the Southern District of Texas unsealed on Monday an indictment charging two Mexican businessmen with allegedly paying bribes to secure lucrative contracts with Petróleos Mexicanos

Cotton futures are trading with midday losses of 47 to 63 cents so far on Wednesday. The US dollar index was back down $0.327 to $97.600, as crude oil futures are down another 84 cents. USDA showed a total of 840,000 planted acres and 1.3 million harvested acres cut from...

Soybeans are trading with 6 to 8 ¾ cent gains so far Wednesday. The cmdtyView national average Cash Bean price is up 7 3/4 cents at $9.80 1/2. Soymeal futures are $4.90/ton higher at midday, with Soy Oil futures up 2 points. There were another 118 August soybean meal deliveries...

September WTI crude oil (CLU25 ) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25 ) is down -0.0266 (-1.29%). Crude oil prices are sharply lower today on a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy...

The FTSE 100 index closed up 17.42 points, 0.2%, at 9,165.23.

Phillips 66 stock has significantly underperformed the broader market over the past year, but analysts seem to be moderately bullish about its prospects.

We stock our pantries with “dry goods” under the assumption that they will last for months, or even years. While many of these items are indeed shelf-stable, some of our most common pantry staples have a surprisingly short shelf life. They contain oils or active ingredients that can degrade quickly,…