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The Latest Breaking News from Oil

Is Wall Street Bullish or Bearish on Occidental Petroleum Stock?

Occidental Petroleum has underperformed the broader market over the past year, and analysts remain cautious about the stock’s prospects.

Barchart

Italy leads in Azerbaijani energy imports, as SOFAZ reports strong 2025 results

SOFAZ reports strong 2025 results as Italy continues to lead European imports of Azerbaijani oil and gas, underpinned by stable production and key pipelines.

Euronews

What impact will last year’s oil price slump have on Shell’s earnings?

Shell is set to report a 21% drop in full-year underlying earnings to 18.79 billion US dollars (£13.66 billion), according to most analysts.

Evening Standard

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Cotton Falling to Kick Off Friday Trade

Cotton prices are down 22 to 28 points so far on Friday. Futures posted weakness on Thursday with contracts closing down 9 to 25 points. Crude oil futures were up $2.28 per barrel on the day at $65.49. The US dollar index was back down $0.264 to $96.010. Export Sales...

Barchart

Soybeans Extending Pullback to Friday Morning

Soybeans are down 6 to 7 cents so far on Friday morning. Futures reverted from the early gains on Thursday with contracts closing 1 to 3 cents lower. Open interest was up 7,608 contracts on Thursday, with some exiting March (-5,634) and others seeing rising OI. The cmdtyView national average...

Barchart

Repurposing Scotland’s industrial past into a sustainable future

Fifty years on from its early pioneering role in manufacturing platforms for the oil industry, Kishorn Port, on Scotland’s Atlantic coast, is expanding to build the vast structures needed for wind power

The Guardian - UK

Texas comptroller primary: Who is running and what to know

The Texas Comptroller of Public Accounts is the state’s chief financial officer. Here’s a look at who’s running in the 2026 primary and where they stand.

The Texas Tribune

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I’ve tried both oil-filled radiators and electric heaters — this is how they really differ, and why one will be more suitable for you than the other

They're both portable and powered by electricity, but that's where the similarities end

Ideal Home

5 Best Facial Oils for Every Skin Problem and Skin Type

Skin problems have become a common issue among many people these days. Pollution, climate change and weather can contribute to problems like acne, dullness, pigmentation and many more. However facial oiling is a skin care ritual that can help in tackling them. Face oiling has been used by women of…

MyLifeXP

Smells like separatism: Oil-rich Alberta slipping from Thwadda Canada to America?

TOI correspondent from Washington: Canada is finding out the hard way why New Delhi is so tetchy about Khalistani capers in “Kannedda.” A growing separatist movement in the country’s oil-rich province of Alberta has ignited a full-blown diplomatic spat with Washington at a time when ties between the United States…

The Times of India

Trump threatens tariffs on goods from countries that sell oil to Cuba

White House cites Cuba’s ties to hostile powers as order ratchets up Trump’s pressure to topple its government

The Guardian - US

Trump signs executive order to impose tariffs on countries supplying oil to Cuba

President Trump signed an executive order allowing new tariffs on countries selling oil to Cuba, intensifying US pressure on the Cuban government. Mexican President Claudia Sheinbaum stated her country has temporarily halted oil shipments to Cuba, asserting it was a sovereign decision independent of US influence.

The Times of India

Venezuela approves bill to open oil sector to foreign investment after US pressure

Law will give private companies more control but experts unsure whether changes go far enough for US

The Guardian - UK

Cotton Closes Weaker on Thursday

Cotton futures posted weakness on Thursday with contracts closing down 9 to 25 points. Crude oil futures were up $2.28 per barrel on the day at $65.49. The US dollar index was back down $0.264 to $96.010. Export Sales data showed 203,666 RB of cotton sold in the week ending...

Barchart

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Barchart

Soybeans Fall Back on Thursday

Soybeans reverted from the early gains on Thursday with contracts closing 1 to 3 cents lower. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $10.05. Soymeal futures were $0.60 to $1.80 lower, with Soy Oil futures 21 to 28 points lower. USDA released Export Sales...

The Times of India

After Trump push, Venezuela moves to open oil sector, ending years of state control

Venezuela's National Assembly has approved a new law opening its oil sector to private companies. This reverses a policy of state control lasting over 20 years. The law allows private firms to manage oil production and sales. It also permits international arbitration for disputes. Extraction taxes will be adjusted.

The Independent UK

Venezuelan lawmakers approve easing state control of oil industry

Venezuela's legislature has approved opening the nation's oil sector to privatization

Barchart

Crude Prices Surge as President Trump Ramps Up Pressure on Iran

March WTI crude oil (CLH26 ) on Thursday closed up +2.21 (+3.50%), and March RBOB gasoline (RBH26 ) closed up +0.0312 (+1.64%). Crude oil and gasoline prices added to this week's sharp gains on Thursday, with crude oil climbing to a 4.25-month high and gasoline climbing to a 2-month high....

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The Guardian - US

Trump orders immediate reopening of commercial airspace over Venezuela

Order allows direct flights from US to Venezuela, as major oil companies already on ground to assess potential operations

Barchart

Soybeans Pulling Back at Midday

Soybeans are down 2 to 4 ¼ cents at midday. The cmdtyView national average Cash Bean price is 4 1/4 cents lower at $10.04 1/2. Soymeal futures were $0.90 to $1.50 lower, with Soy Oil futures 40 to 45 points lower. USDA released Export Sales data for the week ending...

Radio France Internationale

Evidence shows Russian oil tanker was 'deliberately' attacked near Dakar

A tanker that left Russia and ran into trouble off the coast of Senegal in November 2025 appears to have been deliberately targeted by explosives placed in strategic locations on its hull, according to video footage obtained and verified by RFI.

Barchart

Escalation of Iran Tensions Boosts Crude Prices

March WTI crude oil (CLH26 ) today is up +2.05 (+3.26%), and March RBOB gasoline (RBH26 ) is up +0.0196 (+1.03%). Crude oil and gasoline prices added to this week's sharp gains today, with crude oil climbing to a 4.25-month high and gasoline climbing to a 2-month high. Geopolitical risks...

Reason

Scott Bessent Says Construction Jobs Are Booming Under Trump's Tariffs. Government Data Show the Opposite.

Meanwhile, Trump is touting low gas prices, which are due in part to the lack of tariffs on oil and gasoline.

The Conversation

Weakening the soy moratorium in Brazil: a political choice that ignores the science

In the first days of 2026, the Brazilian Association of Vegetable Oil Industries (ABIOVE), which represents the largest soybean traders in Brazil, announced its withdrawal from the Amazon soy moratorium.

The Times of India

Trump team secretly met group demanding oil-rich Alberta's independence from Canada; White House says no support conveyed

Trump officials have secretly met separatists demanding oil-rich Alberta's independence from Canada three times since April 2025. Alberta Prosperity Project, the group, is seeking another meeting with the US officials next month to ask for a $500bn credit facility to help bankroll the province if an independence referendum, which is…

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