By Irina Slav – Feb 20, 2026, 12:38 AM CST Crude oil prices were on course for their first weekly increase after three consecutive weekly losses, following President Trump’s latest threat to Iran that gave the country 10-15 days to make a deal or “really bad things” would happen. At the time of writing, Brent […]
Oil Prices Head for First Weekly Gain Since January on Iran Tensions Read More »
Oil price to touch $100 as Iran nuclear talks collapse? Oil markets are flashing red. Brent crude crossed $71.41 a barrel on February 19, 2026, while WTI settled near $66.27 — a sharp climb that has little to do with supply fundamentals and everything to do with one word: Iran. The Trump administration has positioned
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Trump says he will decide in next 10 days whether US strikes Iran Read More »
Calgary Premier Danielle Smith said the province is facing combined pressures from decreased revenues as oil prices trend lower and increased costs of covering services for a rapidly growing population. Premier wants more control over the process; says newcomers should have a job when they arrive Jennifer Keiller · CBC News · Posted: Feb 18,
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Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — The U.S. stock market ticked higher on Wednesday, led by its most influential stock, Nvidia. The S&P 500 rose 0.6% and pulled a bit closer to its all-time high set late last month. The Dow Jones Industrial Average added 129 points, or 0.3%,
Asian shares rise while most markets stay closed for the Lunar New Year Read More »
Natural resource wealth does not automatically translate to public prosperity. Venezuela’s rapid economic decline was fueled by volatile oil prices and poor policy decisions. Chávez’s nationalization and control policies led to economic downfall. Key takeaways Natural resource wealth does not automatically translate to public prosperity. Venezuela’s rapid economic decline was fueled by volatile oil prices
Oil drilling rigs Oil prices fell in Friday trading and were set for a second straight weekly decline as market concerns over a potential US–Iran conflict disrupting supplies continued to ease. April Brent crude futures slipped 0.15%, or 10 cents, to $67.42 a barrel at 09:23 am KSA time. Prices are on track to fall
Oil prices decline, set for second straight weekly drop Read More »
West Texas Intermediate (WTI) Oil price edges lower after registering over 1% gains in the previous session, trading around $64.80 during the Asian hours on Thursday. Crude Oil prices face pressure after the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that US crude inventories jumped by 8.53 million barrels last week. At
WTI remains below $65.00 as US crude inventories build last week Read More »
Oil drilling rigs Oil prices settled higher on Friday, backed by a weaker dollar, but posted their first weekly decline since the start of the year amid relatively subdued tensions between the United States and Iran. Brent crude futures for April delivery rose 0.74%, or 50 cents, to $68.05 a barrel, but fell 3.73% over
Oil prices settle higher, post first weekly loss in 2026 Read More »
Saudi Arabia cut the price of its main oil grade for buyers in Asia to the lowest in years, a further sign that global supplies are running ahead of demand. State oil producer Saudi Aramco will reduce the price of its Arab Light grade by 30 cents a barrel to parity with the regional benchmark
Saudis cut key oil price for Asian buyers Read More »
