Commodities
Iran fires on U.S. allies in Gulf after night of American strikes it claims killed four at a wedding
Iranian forces targeted U.S. allies in the Gulf region on Wednesday, hours after American strikes that included an attack on a wedding in the...
Commodities
The Trump Administration says more oil exited the Middle East this week than before the Iran war, but the data says otherwise
U.S. Energy Secretary Chris Wright claimed Monday that more than 17 million barrels of oil flowed through the Strait of Hormuz, exceeding pre-war levels...
Commodities
Trump floats renaming Strait of Hormuz the ‘Trump Strait’
President Donald Trump proposed on Wednesday to rename the Strait of Hormuz as 'Trump Strait' on his Truth Social network, less than a week...
Commodities
Energy Secretary Chris Wright tells CNBC more than 17 million barrels of oil transited Hormuz on Monday
More than 17 million barrels of oil transited the Strait of Hormuz on Monday, a record since the Iran war began in late February,...
Commodities
Current price of oil as of September 2, 2026
Oil prices stood at $96.11 per barrel on September 2, 2026 at 8 a.m. Eastern Time, using the Brent benchmark, up $2 from the...
Commodities
Chevron will expand Venezuela operations, more than doubling production through $7 billion investment
Chevron plans to more than double its oil production in Venezuela over the next five years through a $7 billion investment. The American oil...
Commodities
Chevron outlines $7 billion plan to expand in Venezuela
Chevron announced Wednesday its intention to expand its operations in Venezuela, following the Trump administration's decision to back a Pentagon plan to develop the...
Commodities
Oil major BP completes search for chair after boardroom upheaval
BP officially appointed Ian Tyler as chair on Wednesday, succeeding Albert Manifold, whose surprise dismissal had triggered a leadership crisis at the oil major....