Commodities
Oil’s roundtrip back to $100. Why China could determine what happens next
U.S. crude oil topped $102 per barrel on Thursday, its highest close since May, after surging about 50% from the summer low of $68.55....
Commodities
The Houthis have opened a new front in the Middle East oil war that’s pushing up prices
The Houthis have opened a new front in the Middle East oil war. The Red Sea crisis is deepening as the Saudi East-West pipeline...
Commodities
Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint
Brent crude oil prices tumbled 2.9% to $104.52 a barrel on Friday amid hopes for Middle East diplomacy. Foreign ministers from the Gulf Cooperation...
Commodities
Saudi Arabia shut down East-West crude oil pipeline after multiple attacks
Saudi Arabia suspended operations on its East-West crude oil pipeline following multiple attacks in the Riyadh and Madinah regions. The Energy Ministry deployed emergency...
Commodities
The inside story on the historic U.S.-Venezuela oil deal and how it will work
CNBC was among the few news organizations allowed to travel to Venezuela alongside the U.S. Secretary of Energy to witness the signing of oil...
Commodities
Current price of oil as of September 11, 2026
On September 11, 2026 at 9:15 a.m., oil was trading at $105.82 per barrel on the Brent benchmark, marking a 62-cent increase from the...
Commodities
IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market
The International Energy Agency once again cut its global oil supply and demand forecasts for the remainder of the year, warning that a full...
Commodities
The oil shock is testing private credit borrowers already burdened by high debt costs
Soaring oil prices are creating a new strain on private credit borrowers as U.S. inflation remains above the Federal Reserve's 2% target and rate...