The Latest Breaking News from Oil

Crude oil prices had gone nowhere fast and remained in a trading range around the $60 per barrel pivot point on the nearby NYMEX WTI contract. While the 2025 trend is bearish, the price only marginally eclipsed the critical technical support level at the April 2025 low in December.

Soybeans are easing back lower on Tuesday, with contracts down 1 to 2 ½ cents. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $9.80 1/4. Soymeal futures are showing gains of $2.50 to $3.20 so far on Tuesday, with Soy Oil futures slipping back 30...

Cotton futures are back to higher trade on Tuesday, with contracts up 40 to 45 points at midday. Crude oil futures are 15 cents per barrel higher at $58.16. The US dollar index was back down $0.194 to $97.760. The Tuesday Export Sales catch up release showed 304,689 RB of...

As U.S. officials target Venezuelan oil tankers allegedly linked to a so-called dark fleet used to evade sanctions, Maduro said Washington's actions are a "test" for Venezuela to break free from oil dependence and emerge as a stronger economy.

January WTI crude oil (CLF26 ) today is up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) is down -0.0024 (-0.14%). Crude oil today is higher on continued concern about oil risks related to Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and the slightly stronger stock market....

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Soybeans are showing strength on Tuesday, with contracts up 1 to 3 cents. Futures posted Monday gains of 4 to 5 ½ cents as bulls were in a jollier mood to start the holiday week. Preliminary open interest dropped 10,552 contracts, mostly in the January (29,199 contracts) ahead of thin...

Cotton price action is up 10 to 20 points on Tuesday morning. Futures were weaker on Monday, with contracts closing 1 to 14 points lower. Crude oil futures are $1.43 per barrel higher at $57.95. The US dollar index was back down $0.317 to $97.935. USDA’s Export Sales report indicated...

Flanked by a chemical plant and an oil rig construction yard, the site on Corpus Christi Bay may be the last of its kind on this stretch of coastline, now occupied by petrochemical facilities.

Asian shares are mostly higher after benchmarks on Wall Street rose at the start of what’s expected to be a relatively calm holiday week

Surrounded by top US national security officials, Secretary of State Marco Rubio and Defence Secretary Pete Hegseth, Trump also warned Venezuelan President Nicolás Maduro against playing "tough".