Oil prices were rallying again on Wednesday after Iran's Islamic Revolutionary Guard Corps (IRGC) captured two commercial vessels in the Strait of Hormuz. Brent crude for June delivery gained 2.99% to ...
Sugar can correlate with crude oil because Brazil is the world’s leading free-market sugarcane producer, and Brazilian ...
Market pros are eyeing a handful of thresholds for oil prices that could signal if the US-Iran war more seriously impacts the US economy.
Brent crude surged to its highest levels since early 2022, before paring gains, as the Middle East conflict chokes supplies.
Oil prices plummeted by around 10% on Friday after Iran declared the Strait of Hormuz "completely open" amid a ceasefire between Israel and Lebanon. The West Texas Intermediate, the U.S. benchmark, ...
The average price of Brent crude oil reached US$92.05 per barrel in May 2026, which is 44% higher than a year ago.
HSBC raised its 2026 average Brent price forecast to $95 a barrel last week, citing a longer effective closure of the Strait ...
The U.S. Energy Information Administration increased its 2026 Brent oil price projection in its latest short term energy outlook. The U.S. Energy Information Administration (EIA) increased its 2026 ...
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