Commodities
Here’s what the Saudi East-West pipeline shutdown means for Asia’s biggest crude importers
The shutdown of Saudi Arabia's East-West pipeline threatens to worsen crude supply scarcity for Asia's four biggest importers. Dependence varies by country: South Korea...
Commodities
Oil falls as crude flows remain ‘surprisingly strong’
Oil prices fell on Monday as crude flows from the Middle East remain "surprisingly strong" despite missile and drone attacks by Iran-backed Houthis on...
Commodities
Canada and France in talks to deepen ties and ‘live our lives as we choose’ while Macron also seeks oil and gas as Iran...
Canadian Prime Minister Mark Carney and French President Emmanuel Macron agreed Sunday to deepen cooperation in space, defense, energy and business. The two countries...
Commodities
Central Command says U.S. military has aided the transit of 1 billion barrels of oil through Hormuz in past two months while Iran has...
General Brad Cooper, head of U.S. Central Command, said the U.S. military has supported the transit of 1 billion barrels of oil through the...
Commodities
We’ve been free-riding off Beijing in a weird way — Oil prices are high but could be much worse. Trump has China’s Xi to...
China has helped limit the spike in oil prices since the start of the war against Iran by cutting its crude imports by nearly...
Commodities
Trump signs Ukraine war sanctions bill that threatens up to 100% tariffs on the top five importers of Russian oil or gas, with some...
President Donald Trump signed Friday a sweeping sanctions package targeting Russian officials and key pillars of its economy to punish and pressure Moscow for...
Commodities
Inside U.S. oil’s return to global wildcatting: ‘It’s like geo-porn’
EOG Resources, led by chairman and CEO Ezra Yacob, is expanding its hydraulic fracturing operations internationally, particularly to the United Arab Emirates and Bahrain,...
Commodities
Current price of oil as of September 18, 2026
On September 18, 2026 at 8 a.m. Eastern Time, oil was priced at $104.33 per barrel based on the Brent benchmark, up 35 cents...