Brent crude hits 4-year high, soaring past $126, as U.S. military to reportedly brief Trump on actio
Brent crude oil jumped to $126 per barrel, its highest price since mid-2022, as tensions in the Middle East disrupt global supply. The U.S. military p…
Loss of Emirates Further Weakens OPEC’s Influence
The United Arab Emirates is leaving OPEC, dealing the oil cartel another blow to its shrinking membership and power. This departure marks the most se…
First Fully Loaded L.N.G. Tanker Since War Began Appears to Have Crossed the Strait
A liquefied natural gas tanker managed by Abu Dhabi's state oil company successfully crossed a contested strait, marking the first fully loaded L.N.G.…
Brent oil tops $118 after Trump says he will blockade Iran until it agrees to a nuclear deal
Brent crude oil jumped above $118 per barrel after President Trump signaled he will blockade Iranian ports until the country agrees to nuclear negotia…
U.S. Gas Prices Climb Further as Effects of Iran War Reverberate
Crude oil prices have climbed to their highest level since fighting erupted in Iran, driven by disrupted energy supplies flowing out of the Middle Eas…
Loss of Emirates Further Weakens OPEC’s Influence
The United Arab Emirates left OPEC, marking another major blow to the oil cartel's power. This departure follows other recent exits and strips the org…
Comex Gold, Silver Settle Lower
Gold prices fell 1.4% in recent Comex trading, extending losses to two of the last three sessions. Silver dropped 2.5%, sliding in three of the past f…
Arabica Coffee Prices Hit Record on U.S., Colombia Tariff Spat
Arabica coffee prices climbed to record highs after President Trump withdrew threats to impose tariffs and sanctions on Colombia. The tariff dispute h…