Commodities
Chevron posts largest quarterly profit ever and Exxon income surges as Iran war squeezes oil supply
Chevron reported its largest quarterly net profit ever at $12.1 billion on Friday, benefiting from oil and gas supply disruptions caused by the Iran...
Commodities
Current price of oil as of July 31, 2026
On July 31, 2026 at 6:45 a.m. Eastern Time, oil was priced at $92.27 per barrel on the Brent benchmark, down 38 cents from...
Commodities
Exxon and Chevron profits surge on rising oil prices due to Iran war
ExxonMobil and Chevron reported record second-quarter profits driven by rising oil prices linked to the Iran war. Chevron posted net income of $12 billion,...
Commodities
Oil prices ease as recovering Hormuz Strait traffic tempers war premium
Oil prices fell on Friday July 18, with Brent settling at $88.16 a barrel and WTI at $82.24, as crude flows through the Strait...
Commodities
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Aliko Dangote, Africa's richest person, plans to bequeath one-third of his estimated $35.2 billion fortune to charity, amounting to approximately $11.7 billion. His daughter...
Commodities
Current price of oil as of July 30, 2026
As of July 30, 2026, Brent crude oil was trading at $92.65 per barrel, up $3.12 from the previous day and approximately $19 higher...
Commodities
Oil prices move higher as Iran threatens response to latest U.S. strikes
Oil prices rose on Thursday after the U.S. launched a heavy wave of strikes against Iran in retaliation for its missile attacks on American...
Commodities
New Dow CEO drives ‘transformation’ back to profitability amid oil market upheaval
Karen Carter became Dow CEO on July 1, becoming the first woman and first Black CEO of the nearly 130-year-old chemicals manufacturer. In her...