Russia

Oil prices are climbing again, sending ripples through the economy. What's behind this most recent increase?

From 2,000 to 300,000 acres, the shift in farmland ownership is alarming—and it’s raising eyebrows all around Washington D.C.

Patrick DeHaan with Gasbuddy.com said oil prices moved higher over the weekend when peace talks in Pakistan were unfruitful.

USDA is out with its first World Supply and Demand Estimate for Global Wheat for the year. And the highlight, Argentina’s wheat production.

It appears that oil prices will close 2025 slightly higher, week over week, but much lower than where prices started the year.

USDA raised its outlook for global wheat production by 1.1% in its December WASDE report. The increase was thanks in part to gains in several major growing countries like Canada, Australia, and Russia

Oil prices continue their slow move downward. As of Tuesday morning, West Texas Crud was trading just above $59 per barrel, while Bent Crude was holding at in the $62 per barrel range.

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,