The Bureau of Labor Statistics said Wednesday that the producer price index rose 0.7% month-over-month in February, higher than expected.

West Texas Intermediate was trading at a discount of close to $12 a barrel to the global Brent benchmark on Wednesday, the most since early 2015. US futures were around $96 a barrel that day, while some grades in the Middle East, like Oman crude, have to

West Texas Intermediate was trading at a discount of close to $12 a barrel to the global Brent benchmark on Wednesday, the most since early 2015. US futures were around $96 a barrel that day, while some grades in the Middle East, like Oman crude, have to

Global oil and natural gas prices soared Thursday after Iran attacked a key natural gas facility in Qatar that can supply one-fifth of the worlds gas as well as two oil refineries in Kuwait. The attacks added to fears the energy crisis triggered by the c

Escalating Iranian strikes on Gulf energy infrastructure and shipping are driving oil prices sharply higher.

BEIJING, March 19 (Reuters) - Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East ‌following a strike on its South Pars gas field, a major escalation in Tehran's ‌war with the U. West Texas Interm

Tight supply and limited storage mean prices could surge to $150–$200+ per barrel, with some analysts warning of extreme spikes if disruptions persist.

The auction, the first in Alaska’s National Petroleum Reserve since 2019, saw companies submit about 430 bids across more than 1.3 million acres, indicating high interest in an area that was restricted during the Biden administration. “The results of tod

Major gauges are shrinking in the face of surging oil prices as the Fed decides whether to hold rates steady to combat inflation.

Major gauges are shrinking in the face of surging oil prices as the Fed points to inflation pressures in the economy.

Major gauges are shrinking in the face of surging oil prices as the Fed points to inflation pressures in the economy.

A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.

The Fed held rates steady today, and its updated forecast suggests yields on savings accounts and CDs could stay elevated longer than many expected.

Today, March 18, 2026, surging crude and hotter inflation rattled major U.S. indexes as the Fed holds rates steady.

Gasoline prices have hit their highest level since 2022 amid the Iran war.