A 29-year-old Iranian supertanker has appeared at Kharg Island after years off the radar, a sign…
Tag: oil
Iran juggles oil cuts and storage strain to resist U.S. blockade
As the US naval blockade in the Strait of Hormuz tightens around Iran’s oil trade, exports have plunged…
One economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC
The world is facing the largest energy crisis in modern history—and the U.S. may be the…
Have Markets Mispriced Commodity Risks As Oil Threat Builds?
Have Markets Mispriced Commodity Risks As Oil Threat Builds?#Markets #Mispriced #Commodity #Risks #Oil #Threat #Builds
Current price of oil as of May 1, 2026
At 8:45 a.m. Eastern Time today, oil was priced at $116.10 per barrel with Brent serving…
Bank Of Canada Keeps Rates On Hold Amid Oil Price Shock
Bank Of Canada Keeps Rates On Hold Amid Oil Price Shock#Bank #Canada #Rates #Hold #Oil #Price…
Mohammed El-Erian: Global recession could happen within a month if Strait of Hormuz stays closed
The countdown is on: The global economy has four weeks, eight at most, if it is…
Current price of oil as of April 29, 2026
At 9 a.m. Eastern Time today, the price of oil sits at $113.99 per barrel, using…
Oil and gas profits surge as drivers face higher fuel prices amid Iran war
If drivers saddled with pricey fees at the pump have been one of the biggest economic…
UAE to leave Opec in May as Iran war reshapes oil market
The United Arab Emirates will leave Opec and its wider alliance, dealing a blow to the…
Exxon, Chevron, big oil send signals ahead of earnings
For the most part, 2026 has been a very good year for oil giants and the…