Commodities
So much ‘liquid gold’ could hit the market that the world’s top producer is withholding output—but supplies can’t stay ‘extra virgin’ for long
Spain has ordered producers to withhold 12% of its olive oil output until the end of September 2027 to support prices and stabilize the market, an unprecedented move for...
Commodities
A ‘geologic freak’ called the Smackover may end America’s lithium dependence on China, and Big Oil is already there
The Smackover Formation in southern Arkansas and East Texas contains exceptionally high lithium concentrations that could make it a major U.S. source. Standard Lithium...
Commodities
Current price of oil as of November 6, 2026
At 7:15 a.m. Eastern Time, Brent benchmark oil was priced at $102.05 per barrel, up $2.53 from the previous day and roughly $38 higher...
Commodities
Oil prices rise as investors weigh renewed U.S.-Iran conflict risks after midterm elections
Oil prices rose Friday as investors weighed the risk of renewed military escalation between the U.S. and Iran after the midterm elections, alongside prospects...
Commodities
Oil prices could spike as U.S. action on Iran nears: Rapidan Energy
Bob McNally, CEO of Rapidan Energy Group, puts the odds of renewed U.S.-Iran fighting in the coming days at 80 %. He expects Brent...
Commodities
The Iran war has cost U.S. households nearly $2,000 each. New strikes could keep the bill climbing
U.S. and Israeli strikes on Iran beginning Feb. 28 triggered a regional war despite an April ceasefire and a June memorandum of understanding that...
Commodities
Current price of oil as of November 5, 2026
At 6 a.m. Eastern Time, Brent benchmark oil stood at $99.52 per barrel, down $6.32 from the previous day and about $35.50 higher than...
Commodities
Interest rates could go ‘significantly higher’ if oil prices keep climbing — even if the Iran war ends soon
Bank of America says interest rates could rise “significantly” if oil prices continue to climb in the near term. That increase could occur even...
Commodities
Petrovietnam ran out of Middle East crude during the Iran war—now it’s betting on LNG, wind, and nuclear
Iran’s closure of the Strait of Hormuz in March cut off Middle Eastern crude supplies to Vietnam, including all the oil needed by one...
Commodities
World’s largest olive oil company plummets 19% after rivals agree to takeover deal
Shares in Deoleo, the world's largest olive oil company, fell 19% after a takeover plan was announced. Spanish companies DCOOP and Acesur will each...
Commodities
A ‘demand decade’ ahead for energy? BP, Baker Hughes CEOs weigh the investment outlook
Rising energy demand is creating new investment opportunities, supported by artificial intelligence, population growth and the development of emerging economies, according to Baker Hughes...