Commodities
Current price of oil as of August 21, 2026
On August 21, 2026 at 8 a.m. Eastern Time, oil was trading at $95.29 per barrel, with Brent serving as the international benchmark. This...
Commodities
Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran
Oil prices eased Friday but remained on track for a second consecutive week of gains, as hopes of a swift reopening of the Strait...
Commodities
Prediction market exec says gambling fight could reach Supreme Court by June
Prediction markets are facing a legal showdown between the Commodity Futures Trading Commission and state regulators, a conflict that could force the Supreme Court...
Commodities
Your next oil change is becoming a bigger part of car dealers’ business as profits cool and service departments make up the difference
U.S. car dealerships are increasingly relying on their service departments to offset declining vehicle sales profitability. Total service and parts sales surged 48% over...
Commodities
Oil prices rise 3% as Trump sharpens Iran rhetoric amid talks impasse
Oil prices rose nearly 3% after U.S. President Donald Trump pledged economic warfare against Iran and sanctions against its supporters, as the United Arab...
Commodities
Current price of oil as of August 20, 2026
As of 6:15 a.m. Eastern Time on August 20, 2026, oil had reached $95.40 per barrel using the Brent benchmark, $1.80 more than the...
Commodities
Oil prices jump after Trump declares economic war on Iran
Oil prices surged on Thursday after President Donald Trump announced the launch of a "crushing economic operation" against Iran. The West Texas Intermediate contract...
Commodities
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’
Venezuela's new petroleum minister Paula Henao urged U.S. companies to invest in her country during a Houston energy conference, portraying the nation as an...