Commodities
Oil rises amid growing Mideast tensions between Iran-backed Houthis and Saudi Arabia
Oil prices rose on Wednesday amid concerns over potential supply disruptions as tensions escalate in the Middle East. Brent crude futures for December delivery...
Commodities
Current price of oil as of October 13, 2026
Oil is trading at $107.29 per barrel based on the Brent benchmark, down 75 cents from yesterday and $44 higher than a year ago....
Commodities
Oil prices fall as traders assess Russian diesel supply prospects and Saudi-Houthi conflict
Oil prices fell Tuesday, with Brent crude down 1.48% at $105.05 a barrel and WTI down 1.57% at $92.27, while the Saudi-Houthi conflict limited...
Commodities
The global economy is starting to look K-shaped. Here are the winners and losers, and where the U.S. fits.
The global economy is starting to take a K-shaped configuration, according to the International Monetary Fund (IMF). Countries with limited exposure to the Iran-war...
Commodities
CNBC’s The China Connection newsletter: How a gold-buying spree helps the yuan go global
China has been accumulating gold for 23 consecutive months as part of its strategy to promote the internationalization of the yuan. Hong Kong is...
Commodities
Airlines raised fares as fuel costs surged, but Delta’s CEO says those higher ticket prices could be here to stay as long as demand...
U.S. airlines have largely passed on higher fuel costs to consumers, with ticket prices up 23% year over year. Delta CEO Ed Bastian said...
Commodities
Trump’s ‘energy ceasefire’ collides with real-world problems of dwindling fuel supplies
Oil markets struggled on Monday to assess how President Donald Trump's new declaration of an 'energy ceasefire' between Russia and Ukraine might help mitigate...
Commodities
Current price of oil as of October 12, 2026
As of October 12, 2026, oil trades at $108.04 per barrel using the Brent benchmark, representing a $2.32 increase from the previous day and...