Commodities

Authorities said Houthi-claimed attacks on Riyadh airport killed three Saudi citizens, as airlines suspend at least 124 flights

Attacks attributed to the Houthis targeting Riyadh's King Khalid International Airport and a Saudia aircraft killed three Saudi citizens, including a pilot of the...

Hurricane Isaias disrupts U.S. oil production in Gulf of Mexico, threatens refineries

Hurricane Isaias has forced oil companies to shut in about 1.3 million barrels per day of production in the Gulf of Mexico, representing roughly...

Current price of oil as of October 9, 2026

As of October 9, 2026 at 6:45 a.m. Eastern Time, oil was priced at $105.72 per barrel, with Brent crude serving as the main...

Trump says U.S. will not attack Iran before midterm election

President Trump announced Thursday on Truth Social that the United States will not attack Iran before the November 3 midterm election, walking back his...

Current price of oil as of October 8, 2026

As of October 8, 2026, Brent crude oil was trading at $108.33 per barrel, up $3.59 from the previous morning and $42 higher than...

The Indian billionaire investing in Trump’s refinery project is also buying more Venezuelan crude

Reliance Industries, Mukesh Ambani's company, has emerged as the biggest buyer of Venezuelan crude outside the United States, accounting for 76% of India's Venezuelan...

Oil gains as Middle East hostilities stoke supply worries

Oil prices rose Thursday as Middle East worries kept markets on edge, with the United States reportedly considering large-scale military operations in Iran in...

Home heating oil prices are soaring — and users’ winter bills could rise 21%, federal outlook shows

Home heating oil prices in the United States are expected to average $5.26 per gallon this winter, a 34% increase from last year, according...