Commodities
Current price of oil as of October 6, 2026
As of October 6, 2026 at 7:30 a.m. Eastern Time, oil was trading at $101.43 per barrel based on the Brent benchmark, down $4.38...
Commodities
Yemen government forces reclaim key Red Sea port city from Iran-backed Houthis in major counteroffensive
Yemen government forces backed by Saudi Arabia said they recaptured the strategic port city of Mokha from Iran-backed Houthis in a lightning advance aimed...
Commodities
Russian gold floods Hong Kong as Western sanctions redraw bullion trade
Hong Kong imported 112.7 tonnes of Russian-origin gold in the first seven months of 2026, already surpassing the full-year record of 92.1 tonnes set...
Commodities
U.S. shale executives have no idea when the oil market will go off a cliff
The U.S. Strategic Petroleum Reserve has fallen to approximately 284 million barrels, its lowest level since 1982, and is set to drop to 243...
Commodities
Saudi Aramco’s CEO may be too downbeat about the road to restocking global oil supplies
The CEO of Saudi Aramco, Saudi Arabia's state-owned petroleum and natural-gas company, said that rebuilding global crude oil inventories could take longer than expected,...
Commodities
Current price of oil as of Oct. 2, 2026
Oil was priced at $103.37 per barrel on October 2, 2026 at 9:15 a.m. Eastern Time, with Brent serving as the global benchmark. This...
Commodities
‘Did they achieve their goal? Partially’: Putin admits weakness as Ukraine claims 51% hit to Russia’s oil refining capacity
Ukraine claims its long-range strikes have neutralized 51% of Russia's oil refining capacity, dealing a significant blow to Moscow's economy and its ability to...
Commodities
Current price of oil as of October 5, 2026
As of October 5, 2026 at 7 a.m. Eastern Time, oil was trading at $105.81 per barrel based on the Brent benchmark, up $2.44...