As of 9:20 a.m. Eastern Time today, oil is trading at $112.93 per barrel, based on…
Tag: oil
Asia and the world is facing an oil crisis. Why aren’t markets worried?
Global oil inventories are approaching their lowest point in eight years, with Goldman Sachs analysts estimating…
Oil tanker U-turns into Gulf of Oman after exiting Hormuz
An oil supertanker that exited the Persian Gulf on Sunday hauling a cargo of Iraqi crude…
Oil jumps as Hormuz Stays shut after Trump rebuffs Iran’s offer
Oil surged after US President Donald Trump rejected Iran’s latest response to his proposal to end…
Iran responds to U.S. ceasefire proposal. What next for oil?
The answer investors have been waiting for arrived on May 10. Iran sent its response to…
Markets dip as US-Iran ceasefire goes nowhere, leaving Trump with a military option to reopen Hormuz
Hopes for a peace deal with Iran waned on Sunday, raising the risk that the global…
World’s largest oil company reports 25% profit jump as exports bypass Strait of Hormuz closure
Aramco, the world’s largest oil company, reported Sunday that its first quarter profits jumped 25% over…
Iran war is draining world’s oil buffer at an unprecedented pace
The world has burned through oil inventories at a record speed as the Iran war throttles…
The Iran war added $500 million in monthly costs to Maersk and it’s struggling not to pass it down
A prolonged war in Iran will bump the odds of inflation while simultaneously forcing a slowdown in…
APA Corporation: Cheap Oil Stock With Suriname Optionality (NASDAQ:APA)
This article was written by Follow Hi, my names Tyler! While I am currently a student…
Commodities: Oil Rebounds On Renewed U.S.-Iran Tensions
Commodities: Oil Rebounds On Renewed U.S.-Iran Tensions#Commodities #Oil #Rebounds #Renewed #U.S.Iran #Tensions
Oil loading logjam at key Oman port puts flows under strain
Delays to crude loading at a vital Omani terminal outside of the Strait of Hormuz last…
Oil climbs following fresh clashes between US and Iranian forces
Oil climbed as renewed clashes between US and Iranian forces clouded the outlook for a deal…
Trump rejects need for curbs on oil exports after trade surge
President Donald Trump said there’s no need for curbs on US oil or jet fuel exports…
Iran is setting up an agency to tax ships passing through Hormuz even as it negotiates a peace deal
Iran has created a government agency to vet and tax vessels seeking passage through the crucial Strait…
SLB: A High-Tech Way To Play The Oil Industry
SLB: A High-Tech Way To Play The Oil Industry#SLB #HighTech #Play #Oil #Industry
Crude oil prices tumble, but gas prices offer major caveat
There’s been some lovely news about the war: new talk about peace negotiations between the United…
Shell says profits rise as Iran war boosts trading and oil price
Shell Plc said its profits surged in the first quarter as the Iran war drove oil…
Oil extends decline as Trump says ‘great progress’ in Iran talks
Oil fell a second day as US President Donald Trump said “Great Progress” has been made…
Current price of oil as of May 6, 2026
At 8:30 a.m. Eastern Time today, the price of oil sits at $106.52 per barrel, using…
Oil steadies after clashes around Hormuz strain fragile truce
Oil steadied after Monday’s jump, as traders tracked the increasingly fragile four-week ceasefire in the Middle…
‘You could say the ceasefire has ceased’: Iran is back on Wall Street’s radar as oil prices spike 6%
The truce between Iran and the U.S. that has been fraying over the last four weeks…