As of 9:10 a.m. Eastern Time today, oil sold for $97.15 per barrel (using Brent as…
Tag: oil
Oil drilling rises in longest U.S. streak since 2022 on price bump
US oil drilling has expanded for six straight weeks, the longest uptrend in almost four years,…
The Strait of Hormuz is more open than previously thought as the U.S. provides ‘naval overwatch’
Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but…
Why oil’s not at $200 after the biggest supply shock in history
For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be…
XIC:CA: Ready To Surge Once The Oil Market Breaks
XIC:CA: Ready To Surge Once The Oil Market Breaks#XICCA #Ready #Surge #Oil #Market #Breaks
Putin is running out of money to fight Ukraine, and Russian-occupied Crimea is running out of fuel
The Kremlin’s war machine is short on money and fuel as Ukrainian drones wreak havoc on…
Oil steadies after first drop this week on peace talk optimism
Oil steadied after its first decline this week, as optimism over US-Iran peace talks weighed against…
Logan Energy: Increasing The Oil Percentage Of Production At The Right Time
Logan Energy: Increasing The Oil Percentage Of Production At The Right Time#Logan #Energy #Increasing #Oil #Percentage…
West Coast oil search won’t harm fishing, court told
Seismic surveys off the West Coast will not affect fishing, and harm to marine life will…
CEOs are losing confidence in the economy and expect conditions to worsen in the next six months
If you’ve been feeling uncertain about the future of the economy, you’re not the only one.…
Oil rises from six-week low amid uncertainty over US-Iran deal
Oil rose from a six-week low amid uncertainty over the outlook for a peace deal to…
Wall Street may have solved a nagging mystery in global oil markets as doomsday has yet to arrive
China has quietly emerged as the global oil market’s stealthy swing consumer, potentially holding off doomsday…
Exxon sounds alarm on 'unheard of' oil problem
Markets have a strange way of staying calm right up until the moment they can no…
Chevron CEO drops stark warning on oil prices
I have been watching oil market commentary for a while. CEOs tend to be measured. They…
The US War Against Iran May Push Oil To New Highs If Peace Doesn't Come Fast
The US War Against Iran May Push Oil To New Highs If Peace Doesn't Come Fast#War…
Oil bosses warn prices will soar within weeks as inventories near ‘really, really low levels’
The two biggest U.S. oil companies joined the growing chorus of voices sounding the alarm on…
More ships are quietly slipping through Strait of Hormuz as air power scares off Iran’s attack boats
The U.S. and Iran remain deadlocked on a deal to extend their ceasefire and reopen the…
The ‘imminent’ oil crisis isn’t at the pump—it’s under your hood
Prices at the pump have surged and global fertilizer shortages are spreading because of the war…
Current price of oil as of May 28, 2026
By 9 a.m. Eastern Time today, oil had reached $97.51 per barrel, measured using the Brent…
Dallas Fed president drops bombshell on oil markets
The president of the Federal Reserve Bank of Dallas has some advice for all trying to…