A top oil and gas producer in West Texas’ booming Permian Basin declared a “green” light…
Tag: oil
Current price of oil as of May 4, 2026
As of 8:45 a.m. Eastern Time today, oil sold for $115.01 per barrel (using Brent as…
China’s unprecedented defiance of U.S. sanctions triggers showdown
China has ordered its companies to ignore U.S. sanctions, an unprecedented act of defiance that threatens…
Commodities: Oil Steadier As Market Digests Trump's Hormuz Plan
Commodities: Oil Steadier As Market Digests Trump's Hormuz Plan#Commodities #Oil #Steadier #Market #Digests #Trump039s #Hormuz #Plan
As economic despair mounts, Russian official admits the country has had enough of the war on Ukraine
Vladimir Putin is losing the Russian people as the economy and his war machine go in…
Markets on alert as Trump vows Project Freedom for Hormuz after renewed attacks on ships
Financial markets were muted on Sunday as investors were reluctant to bite on the latest well-timed…
Aged oil tanker suggests Iran Is bringing back retired ships
A 29-year-old Iranian supertanker has appeared at Kharg Island after years off the radar, a sign…
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…