People walk past an anti-US mural on a street in Tehran, Iran, June 5, 2025. Majid Asgaripour | Via Reuters Crude oil futures rose more than 4% on Wednesday as tensions escalated between the U.S. and Iran, with President Donald Trump expressing doubt that the two countries will reach a nuclear deal. Brent crude futures rose […]
Oil prices rise more than 4% on escalating Middle East tensions Read More »
WTI is holding above $64.00/barrel on Monday, a seven-week high. Crude Oil markets are betting that summer travel and easing US-China trade tensions will bolster demand. OPEC’s latest production increase hasn’t hit global supplies yet, but it could come soon, and WTI prices are poised for another turn lower. US West Texas Intermediate (WTI) Crude
Crude Oil gains ground as energy markets hope for US-China trade solutions Read More »
Cotton futures posted 16 to 26 point gains across most contracts on Friday, as July was up 56 points this week. Crude oil prices were up $1.43/barrel, closing in on $65, with the US dollar index back up $0.466 to $99.170. The managed money crowd in cotton futures and options added 3,386 contracts to their
Cotton Pushes Higher into Friday’s Close Read More »
A sharp drop in oil prices to around $60 per barrel has cast a shadow over the record-breaking shareholder payouts from Western energy supermajors, according to a recent report from Rystad Energy. The independent energy research firm warns that unless market conditions improve, the industry may be forced to slash both investment and investor returns
Oil price slide threatens bumper shareholder payout Read More »
Cotton futures are trading with 75 to 107 point losses across most contracts on Wednesday’s midday. Crude oil prices are down 70 cents/barrel, with the US dollar index back down $0.489 to $98.670. The next week is looking at precip across much of TX to the East Coast, putting some pressure on futures are midday.
Cotton Falling Weaker at Midday Read More »
By Rystad Energy – Jun 04, 2025, 3:00 PM CDT Falling crude oil prices are squeezing cash flows for oil and gas companies, forcing a reassessment of investment strategies. Major oil companies may need oil prices around $80 per barrel to sustain current shareholder payouts, leading to potential borrowing or cuts in investment and buybacks.
Oil Industry Profitability Under Pressure Read More »
Saudi Arabia, the world’s biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in four years on Wednesday, in what the market sees as the country’s attempt to regain market share. Saudi Arabia has pushed OPEC+ this year to raise its output targets ahead of schedule. OPEC+
Saudi Arabia cuts July oil prices for Asia to nearly 4-year low after OPEC+ supply boost Read More »
HONG KONG — Global shares sank on Monday and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical uncertainty. The future for the S&P 500 lost 0.5% while that for the Dow Jones Industrial Average gave up 0.4%. Germany’s DAX retreated 0.4% to 23,891.11 and the CAC 40 in Paris declined
Asian shares slide as Russia-Ukraine conflict, OPEC+ output plan push oil prices higher Read More »
A turbulent week for global energy markets saw oil prices slide amid OPEC+ uncertainty and escalating U.S.-China tensions. The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ with the US put oil prices under renewed pressure, sending ICE Brent slightly below $64 per barrel with WTI balancing
Brent Slides Below $64 as Trump and OPEC+ Rattle Crude Markets Read More »
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Oil prices jump despite OPEC+ announcing another sharp production hike Read More »
