The Latest Breaking News from Oil

Oil ETFs are again in the limelight as investors balance short-term geopolitical uncertainty with a pending long-term supply surplus. Though crude prices rebounded this week following an sharper-than-anticipated drawdown in American inventories and increased tensions in Russia-Ukraine, the long-term outlook suggests softness by year-end.

Nvidia Corporation (NASDAQ:NVDA) analysts are highlighting the company's growth in the second quarter and pending opportunity as China regulations become clear.

South America's only English-speaking country Guyana goes to the polls on Monday in elections that will decide who will manage the nation's bountiful new oil riches.

The Norwegian state and environmental groups face off in court again Thursday over three oil fields ruled illegal last year due to insufficient environmental impact studies.

Here are the key events on day 1,281 of Russia’s war on Ukraine.

Cotton futures closed out Wednesday with losses limited to just 23 to 9 points in the nearbys. The outside markets are supportive factors, as the US dollar index is back down $0.037 on the day to $98.085, with crude oil futures $0.61 higher. The Seam reported a total of 1,709...

Soybeans posted losses of 1 to 2 ½ cents across most front months on Wednesday. The cmdtyView national average Cash Bean price was down 3 ¾ cents at $9.73 1/2. Soymeal futures were $3.40 to $6.20 lower on Wednesday, with Soy Oil futures down 11 to 33 points. USDA’s Export...

October WTI crude oil (CLV25 ) on Wednesday closed up +0.90 (+1.42%), and October RBOB gasoline (RBV25 ) closed up +0.0135 (+0.69%). Crude oil and gasoline prices recovered from early losses on Wednesday and settled higher as short covering emerged after the weekly EIA report showed that weekly crude inventories...

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Wednesday.