The Latest Breaking News from Oil

US crude oil jumped slightly after US President Joe Biden said he was "discussing" an Israeli strike on Iranian oil facilities. Chaos builds for shippers as US dockworkers enter their third day of strike action. In several cities across the US, the cost of childcare is overtaking the cost of…

Nov WTI crude oil (CLX24 ) Thursday closed up +3.61 (+5.15%), and Nov RBOB gasoline (RBX24 ) closed up +10.67 (+5.37%). Crude oil and gasoline prices Thursday surged to 1-month highs on concern Israel may target Iran's oil industry in retaliation for Iran’s missile attack on Israel. Crude prices also...

Residents in more than 20 towns told to leave, in sign of potential expansion of air and ground assault against Hezbollah. It comes as US president Joe Biden says Washington ‘discussing’ the possibility of Israel striking Iranian oil sites

Israel has several possible targets including military, economic or even nuclear sites, but all come with caveats

Learn about the potential impact of Middle East conflicts on global oil markets and the interconnectedness of geopolitics and energy markets.

March NY world sugar #11 (SBH25 ) today is up +0.42 (+1.85%), and December London ICE white sugar #5 (SWZ24 ) is up +8.20 (+1.43%). Today's +4% jump in crude prices (CLX24 ) to a 1-month high supports moderate gains in sugar. Strength in crude oil benefits ethanol prices and...

Brazil's government on Thursday joined Asian palm oil and coffee producers in welcoming a European Union decision to delay implementation of new anti-deforestation rules which had faced strong global pushback.

There’s a risk of “immediate, massive implications” if either side starts to target oil infrastructure.

Hepworth in West Sussex replacing boiler with prototype generating 130C steam that could cut fuel costs by 40%