Russia

Oil prices remain fairly soft as we start December, and that’s thanks to international news.

Patrick DeHaan with Gasbuddy.com said talk of a potential peace deal between Ukraine and Russia, brokered by the United States encouraged oil prices to dip.

Wheat markets were on alert Friday as traders assessed the impact of a major drone strike on Russia’s Black Sea port of Novorossiysk, a critical transit point for grain and crude oil exports,

The Fertilizer Institute celebrated the inclusion of phosphate and potash on the just-released Final List of Critical Minerals.

Oil prices continue the trend we’ve seen for several months, where prices don’t deviate much week to week, holding in the low- to mid- $60 range.

Once again, oil prices not moving much from the low to mid-$60 per barrel range. It’s a trend we’ve seen for several months.

The U.S. and India are stepping up talks to resolve their trade tensions, with two separate teams of officials meeting in New Delhi this week.

Oil prices have traded lower for much of the past 96 hours, due primarily to growing optimism that an end to Russia’s war in Ukraine may be in sight.

As we slog through the dog days of summer, oil prices are surprisingly stable, moving very little over the past week plus.

The USDA said it has fired 70 foreign contract researchers after a national security review intended to secure the U.S. food supply from adversaries including China, Russia, North Korea and Iran.