Commodities

What’s next for oil refiners after an unprecedented run to all-time highs

Independent oil refiners are recording record profits driven by historically high crack spreads, with U.S. diesel prices reaching $6 per gallon for the first time ever. Global refining capacity...

10-year Treasury yield tops 5% for the first time since 2007 as bond-market selloff deepens

The 10-year US Treasury yield crossed the crucial 5% threshold on Monday for the first time since 2007. This rise occurs amid climbing oil...

Prediction market traders think gas prices will hit new highs for the year

U.S. oil prices have risen back above $100 per barrel, pushing gasoline prices to multi-month highs. On the prediction market platform Kalshi, traders assign...

Current price of oil as of September 14, 2026

As of September 14, 2026 at 9 a.m. Eastern Time, oil trades at $110.42 per barrel using the Brent benchmark, marking a 79-cent increase...

Satellite images show extent of damage to Saudi Arabia’s oil pipeline that bypasses Strait of Hormuz

A drone attack has severely damaged Saudi Arabia's East-West pipeline, a strategic network stretching roughly 1,200 kilometers from the Abqaiq oil fields to the...

Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of Hormuz

Crude oil prices surged Sunday after Saudi Arabia closed its East-West pipeline, damaged by drones launched from Iraq on Thursday. U.S. West Texas Intermediate...

Trump urges Ukraine to stop ‘knocking out’ Russian oil refineries as U.S. diesel hits record

U.S. President Donald Trump has urged Ukrainian President Volodymyr Zelensky to stop attacking Russian oil refineries, warning the strikes are causing a global diesel...

Trump says U.S. may keep Iranian oil ‘like Venezuela’ as Gulf-Iran Hormuz talks stall

U.S. President Donald Trump said Sunday that America could continue its campaign against Iran and take control of its oil, comparing the scenario to...

Up 3,600%, this freight fund has posted the biggest gains of all on Iran war oil shock

The Breakwave Tanker Shipping ETF (BWET), which tracks the price of oil shipping rather than crude oil prices themselves, has surged approximately 3,600% year-to-date...

Trump sees Iran war ending soon after mid-term elections, predicts oil prices will then fall sharply

President Donald Trump said Saturday that the Iran war is expected to end shortly after November's mid-term elections, predicting a sharp drop in energy...

Oil’s roundtrip back to $100. Why China could determine what happens next

U.S. crude oil topped $102 per barrel on Thursday, its highest close since May, after surging about 50% from the summer low of $68.55....