Commodities

Current price of oil as of July 28, 2026

On July 28, 2026 at 7:15 a.m. Eastern Time, Brent crude oil was trading at $89.08 per barrel, down $1.35 from the previous morning...

Record heat gives way to winter gas fears in Europe, Asia as Iran war rages on

Europe and much of Asia are suffering through record heatwaves, but concerns are already shifting to the upcoming winter, with anticipated natural gas shortfalls...

Oil drops more than 2% as a pause in U.S.-Iran hostilities raises de-escalation hopes

Oil prices extended their losses Tuesday as a pause in fighting between the U.S. and Iran held, raising hopes for de-escalation in the Middle...

Current price of oil as of July 24, 2026

As of July 24, 2026 at 5:35 a.m. Eastern Time, oil was trading at $97.04 per barrel, down $1.45 from the previous day but...

Trump says U.S. has sold more than $13 billion of Venezuela oil

Trump said Monday that the U.S. has sold more than $13 billion of Venezuelan oil this year. The U.S. seized control of Venezuela's oil...

From ‘oil’ to ‘shock’, here’s what Kalshi traders expect Fed Chair Kevin Warsh will say this week

Traders on the Kalshi platform assign a 74 % probability to Fed Chair Kevin Warsh using the word 'oil' and over 50 % to...

Current price of oil as of July 27, 2026

As of July 27, 2026 at 6:35 a.m. Eastern Time, oil traded at $90.43 per barrel using the Brent benchmark, down $2.22 from the...

Oil prices see largest one-day declines in two months amid pause in strikes

Oil prices fell sharply on Monday, posting their largest one-day decline in two months. The drop followed a pause in strikes by the United...