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Energy – Brent below $80/bbl on deal hopes Oil prices sold off further yesterday, with ICE Brent settling more than 5% lower, leaving it below $80/bbl. And this downward pressure has continued in early morning trading today. The renewed weakness in the market comes amid growing signs of the US and Iran moving closer to ...
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The American Petroleum Institute (API) has released its latest report on U.S. crude oil inventories, providing crucial insights into the current state of oil supply and demand.
Oil and gas giants raked in massive spring profits while fighting between Iran and the US impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.
UK natural gas prices dropped below 134 pence per therm on Wednesday, marking a third consecutive day of declines and the lowest level since July 16, as markets weighed prospects of a renewed Middle…
Soybean futures fell further to around $11.5 per bushel, approaching a five-week low as weaker crude oil prices weighed on the vegetable oil market.
Wheat prices fell below $6.40 per bushel in early August, hitting their lowest level since July 13, as falling oil prices weighed on broader agricultural markets.
The Platts wheat benchmark, the Milling Wheat Marker, dropped to its lowest level since June 2025, assessed at $225.50/metric ton Aug.