Commodities
Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade
Brent crude futures ended last week down more than 7%, even as prospects for a quick reopening of the Strait of Hormuz faded. A...
Commodities
Trump extends limited waiver of shipping law to keep oil flowing in U.S. amid Iran war
The Trump administration on Monday extended for 90 more days a Jones Act waiver while narrowing its scope, aiming to maintain energy supply amid...
Commodities
Trump weighs ‘massive attack’ on Iran as Tehran’s chokehold on oil gets tighter
U.S. President Donald Trump said on Sunday, April 27, that he is considering a "massive attack" on Iran, bigger than ever before. The United...
Commodities
Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels, lowest since 1983
U.S. Strategic Petroleum Reserve stocks have fallen below 300 million barrels to 298.7 million, their lowest level since January 1983. This 6.1 million barrel...
Commodities
Gold just had its best week in 7 months. Here’s why Mike Khouw is buying more
Gold surged approximately 7% last week, posting its strongest weekly gain since January, driven by a weaker US dollar, falling Treasury yields, and weaker-than-expected...
Commodities
Trump amps up pressure on billionaire Sargeant to exit Venezuela
The Trump administration is escalating pressure on Florida oil magnate and Republican Party donor Harry Sargeant III to exit Venezuela. The Treasury Department on...
Commodities
Current price of oil as of August 10, 2026
Oil was trading at $87.55 per barrel on August 10, 2026 at 7:15 a.m. Eastern Time, using the Brent benchmark, up 11 cents from...
Commodities
Trump says oil supermajors are making too much money. What will they do with it?
The five oil supermajors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — generated a staggering $48 billion in profit during the second quarter,...