The Latest Breaking News from Oil

Soybeans are showing steady trade on Tuesday, with January down 1 ¼ cents. The cmdtyView national average Cash Bean price is 1/4 cent lower at $9.80 1/2. Soymeal futures are down 40 cents to $2.20/ton. Soy Oil futures are up 22 to 25 points on the day. USDA reported a...

Cotton futures are showing mixed action on Tuesday, with contracts down 9 points to 5 points higher in the front months. Crude oil futures are down 7 cents per barrel higher at $58.01. The US dollar index is up $0.138 at $97.865. The Seam’s online auction showed sales of 23,018...

At least two tankers have recently made it to Venezuela and more are on their way as Caracas seeks to keep selling crude despite the U.S.'s blockade of sanctioned vessels, a new report detailed.

Diesel prices surged despite weak freight demand as supply tightened. Valero Energy and Phillips 66 are capturing higher margins while shippers face rising costs.

Venezuela's interior minister Diosdado Cabello, widely regarded as Nicolás Maduro's second in command, said Monday that U.S. military pressure and recent actions by Washington will not disrupt holiday celebrations in Venezuela.

February WTI crude oil (CLG26 ) today is up +0.23 (+0.40%), and February RBOB gasoline (RBG26 ) is up +0.0126 (+0.73%). Crude oil prices added to Monday's sharp gains today as global geopolitical risks from Venezuela, Nigeria, and Russia persist. Also, expectations that OPEC+ will stick with plans to pause...

Man, 2025 was a wild ride in commodities. Prices were down 7% overall per the World Bank, thanks to weak growth, oversupply, and all those tariff/election headaches. But hey, not total doom... precious metals absolutely crushed it.

The temperature drops overnight, your breath fogs the air, and suddenly the parking lot becomes a stage where every vehicle performs its own winter audition. Some cars fire up with confidence, engines humming like they’ve been waiting for this moment. Others cough, hesitate, and betray months of neglected maintenance in…

US targeted alleged drug traffickers in first-known land attack inside the country

Cotton price action is up 30 to 40 points on Tuesday morning. Futures slipped lower into the close, with contracts posting losses of 10 to 15 points on the day. Crude oil futures were $1.09 per barrel higher at $57.83. The US dollar index was steady at $97.700. The December...

The Venezuelan regime has begun shutting oil wells as it runs out of storage facility due to the blockade of sanctioned tankers imposed by the Trump administration, according to a new report.