A historian traces how Oil City brokers, then John D. Rockefeller, then futures exchanges decided what the world pays for crude – and why no one entity does today.
October 09, 2026US diesel prices remain at near-record highs, up 70% since the US-Israeli war on Iran began despite two recent moves by
October 09, 2026Bank for International Settlements General Manager Pablo Hernandez de Cos said on Friday that the surge in energy prices from the Iran war has had moderate second-round
October 09, 2026Some 78% of Americans blame President Donald Trump's policies for rising prices that are outpacing their earnings,
October 09, 2026If the Strait of Hormuz is open, why are gas and diesel so expensive?
October 09, 2026Oil prices settled 4% higher on Thursday on revived concerns about the ongoing war in the Middle East and growing supply disruptions due to a hurricane
October 08, 2026A witness says explosions have rocked Saudi Arabia's capital, Riyadh, including a blast at the international airport
October 08, 2026The German government has raised its economic growth forecasts for this year and next, as the Iran war is not hurting the economy as much as feared, the
October 08, 2026A hurricane could cripple US refining when the world can least afford it
October 08, 2026U.S. Secretary of State Marco Rubio says U.S. pressure for NATO allies to increase defense spending isn't hostile
October 08, 2026US has lost or sustained damage to 81 military aircraft worth up to $3.3 billion in Iran war, congressional report says
October 08, 2026US Defense Secretary Pete Hegseth flew to the flight deck of the aircraft carrier USS Abraham Lincoln on Wednesday and praised the resilience of sailors
October 08, 2026Defense Secretary Pete Hegseth has given the crew of the USS Abraham Lincoln a high-level award during a visit to the aircraft carrier
October 08, 2026PepsiCo is running out of time to deliver on the growth and margin targets it set out after activist investor
October 07, 2026Iraq's cabinet approved a new exchange-rate structure for the dinar, setting a rate of 1,520 dinars per US dollar, roughly 14.5% below the previous
October 07, 2026US President Donald Trump said on Tuesday that nobody knew who was running Iran during the US-Israeli war with Iran, now in its
October 07, 2026Relatives of some soldiers killed in the Iran war joined dozens of Gold Star families Tuesday at the White House
October 07, 2026The US Energy Information Administration raised its oil price forecast for this year and next year on Tuesday, as global stockpiles fall rapidly and diesel markets remain
October 06, 2026Democratic US Senator Chris Murphy said on Tuesday that the Department of Defense denied him access to a key military base in Qatar during a visit to the
October 06, 2026President Donald Trump is campaigning in Nebraska alongside GOP Sen. Pete Ricketts, who faces an independent candidate backed by national Democrats
October 05, 2026Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints
October 05, 2026Seven major oil-exporting countries agreed Sunday to keep production steady in November at a time when the Iran war has driven the price of benchmark Brent crude oil above $100 a barrel
October 04, 2026U.S. President Donald Trump won't say if he thinks Israeli Prime Minister Benjamin Netanyahu should be reelected this month
October 01, 2026The US State Department said on Thursday it has waived human rights conditions for more than $
October 01, 2026
