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....
Commodities
Brent rises more than 2% following tit-for-tat strikes by the U.S. and Iran
Oil prices rose on Wednesday as Middle East tensions escalated following a new round of U.S. strikes on Iran, with Tehran retaliating by attacking...
Commodities
Chevron is expanding in Venezuela as Trump pushes U.S. oil companies back into the country with 65 billion barrels up for grabs
Chevron, the second-largest U.S. oil company, is planning to expand its operations in Venezuela, a country with estimated reserves of 65 billion barrels of...
Commodities
Oil is back above $92 and inflation fears are sending U.S. bond yields to their highest since January 2025
Oil prices continue to rise, with Brent crude hitting $92 per barrel, fueling inflation fears. U.S. bond yields are increasing, with the 10-year Treasury...
Commodities
Current price of oil as of September 1, 2026
As of September 1, 2026, oil is trading at $94.11 per barrel based on the Brent benchmark, representing a $1.08 increase from the previous...