Commodities

Trump’s Venezuela fixer is promoting ‘America First’ oil deals

Alejandro Betancourt, a Venezuelan entrepreneur who controls the country's leading independent oil producer, is helping the Trump administration identify promising energy assets, assess operational...

Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

Oil prices rose on Monday as Iran ruled out extending the memorandum of understanding agreed with the United States on June 17. Tehran warned...

Veteran strategist Jeff Currie turns bullish on gold. Here’s why

Veteran strategist Jeff Currie, chief strategy officer at Altis Partners and senior advisor at Carlyle, has switched his positioning on gold from short to...

Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI

Tether has completed a KPMG audit confirming its gold reserves of approximately 150 tons are fully intact, with total reserves exceeding liabilities by $6.8...

Current price of oil as of August 17, 2026

As of August 17, 2026, Brent crude oil is trading at $91.53 per barrel, up 86 cents from the previous day and approximately $25.65...

Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break...

The U.S. cannot fully reopen the Strait of Hormuz while Iran cannot stop all ships from transporting oil through the waterway. Regional rivals Iraq,...

Covert mideast oil flows are keeping global prices in check

Middle Eastern oil producers continue shipping large volumes of crude through the Strait of Hormuz, keeping prices in check despite the Iran war. Dark...

Here’s the real reason oil prices aren’t moving higher

Oil prices remain stable despite geopolitical tensions. The main reason for this lack of increase lies in the decline in global oil demand. This...