Commodities
The IEA wants to empty its oil reserves faster. A federal watchdog says the US isn’t ready for what comes next
IEA member governments have agreed to accelerate deliveries of oil pledged under the March 2026 collective action, which involved 400 million barrels—the largest since...
Commodities
Oil falls after Trump declares ‘energy ceasefire’ between Russia and Ukraine
Oil prices fell Monday after President Donald Trump announced an energy ceasefire between Russia and Ukraine. Brent crude lost 1.65% to $102.99 a barrel...
Commodities
Oil theft is on the rise in the heart of U.S. shale country—and it’s mostly carried out in targeted, organized heists
West Texas Intermediate crude prices have risen 60% year-to-date, fueling a surge in oil theft across the Permian Basin, the heart of the U.S....
Commodities
For the first time ever, 10-year bond yields track diesel prices more closely than crude, and Trump’s fuel deal with Putin may be too...
National average diesel prices stand at around $6.277 per gallon according to AAA, down from their record high of $6.528 but still 71% above...
Commodities
Kyiv pushes back on Trump’s call for a new Ukrainian president as drones hit Russian data hub
Volodymyr Zelensky said only Russia was responsible for the war in Ukraine and proposed stopping strikes on Russian oil refineries if Moscow ceased targeting...
Commodities
Tanker attacks in Strait of Hormuz surge to wartime high as Iran tries to choke off oil exports
Eleven tankers were attacked during the week ending October 4 in the Strait of Hormuz, the highest number of strikes since the war began...
Commodities
Hurricane Isaias to ‘stress test’ oil markets already hobbled by tight fuel supplies
Hurricane Isaias threatens oil markets at a time when fuel supplies are already very tight. Supply disruptions linked to the Atlantic hurricane season are...
Commodities
NBA Commissioner Adam Silver says he still intends to get a deal done with EuroLeague as he plans launch of NBA Europe
NBA Commissioner Adam Silver remains confident about reaching a deal with EuroLeague to launch NBA Europe despite the rejection this week of a merger...