Commodities
Continental Resources to develop massive oil patch in Venezuela
Continental Resources signed a memorandum of understanding with Venezuela's state oil company PDVSA on September 16, 2026 in Houston, Texas to develop a crude...
Commodities
Hot or not? The economy’s fate rests on Kevin Warsh’s answer to one key question
The Federal Reserve is confronting a question it hasn't seriously studied in three years: is the U.S. economy overheating? Oil prices hover around $110...
Commodities
Why a strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikes
Albert Edwards of Société Générale has changed his outlook on inflation, now seeing potential for aggressive Federal Reserve rate hikes. He points out that...
Commodities
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
U.S. consumers are facing a double whammy of rising oil prices and higher interest rates amid the U.S. war with Iran. According to Moody's...
Commodities
Current price of oil as of September 16, 2026
As of September 16, 2026 at 7 a.m. Eastern Time, oil is trading at $108.34 per barrel based on the Brent benchmark, up $1.77...
Commodities
Dovish outlier Nomura boosted Fed-hike forecasts for two reasons
Elevated oil prices and sticky inflation have prompted the Japanese investment bank Nomura to increase its Federal Reserve interest-rate hike forecasts. The bank now...
Commodities
Ukraine’s message to Asian nations: your chips are turning up in Russian missiles
Ukraine's sanctions envoy Vladyslav Vlasiuk said during a visit to Singapore that Russia could be forced to retreat within six months if its oil...
Commodities
Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure
Oil prices retreated on Wednesday after a report showed U.S. crude inventories rose last week. Brent fell 1.02% to $107.64 a barrel and WTI...