Commodities
Oil markets are on edge ahead of the weekend, as midterm elections near and fresh U.S. strikes on Iran are predicted
Oil markets are on edge ahead of the weekend, with U.S. midterm elections approaching. Oil prices have rebounded to a high reached since the...
Commodities
Energy markets are adapting to the Iran war as a ‘forever conflict’ while oil producers keep supplies flowing and avoid ‘mutually assured destruction’
Despite Iran intensifying attacks on tankers in the Strait of Hormuz, oil shipments through the strait and alternative routes averaged more than 24 million...
Commodities
Saudi Arabia wants to send 10 million barrels of oil a day around Hormuz. A former Treasury official says it may barely move prices
Aramco plans to increase the capacity of its East-West Crude Oil Pipeline, or Petroline, from 7 million to 10 million barrels a day, in...
Commodities
Trump invokes Cold War-era Defense Production Act for oil production, refining
President Donald Trump determined that petroleum production, refining, and related activities are essential to national defense, potentially unlocking U.S. funding for fossil fuel projects....
Commodities
Current price of oil as of October 23, 2026
At 7:15 a.m. Eastern Time, Brent crude oil was priced at $116.03 per barrel, up $2.82 from the previous day and roughly $50 higher...
Commodities
It’s another horrible day in the markets, and the usual suspects are to blame: AI, oil, and the French
Asian and European markets fell after a difficult U.S. session, with the S&P 500 down 1.21% and the Nasdaq down 2.9%. CoreWeave plunged 10.06%,...
Commodities
U.S. oil holds above $100, Brent at five-month high as Iran says it’s prepared for warfare
Crude oil futures rose on Friday, with Brent reaching $113.50 per barrel, up 0.7%, and West Texas Intermediate trading at $100.24, gaining 0.8%. Brent...
Commodities
Current price of oil as of October 22, 2026
Brent crude oil was priced at $113.21 per barrel at 8 a.m. Eastern Time on October 22, 2026, up $2.47 from the previous day...