By Charles Kennedy – Aug 31, 2026, 6:00 PM CDT Trump’s Venezuela deal could eventually put downward pressure on oil and gasoline prices, but raising production substantially beyond the current 1.25 million bpd will require years of investment. More Venezuelan heavy crude is particularly valuable for U.S. Gulf Coast refiners, but with U.S. refineries already
Why More Venezuelan Oil Won’t Solve America’s Gasoline Problem Read More »
Wall Street closes lower as oil prices jump, indexes notch monthly gains https://www.investing.com/news/economy-news/us-stock-index-futures-dip-as-middle-east-strikes-worsen-inflation-fears-4882344
Wall Street closes lower as oil prices jump, indexes notch monthly gains Read More »
F/A-18 Super Hornets on the flight deck of the USS George Washington in the Indian Ocean on Aug. 18, 2026. U.S. Navy | Via Reuters President Donald Trump on Monday morning reportedly said, “We’re going to hit them very hard,” after Iran said it launched an attack on two U.S. bases in Jordan in response
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An attendant counts money after filling up a motorcycle with gasoline at a petrol station in Manila on March 15, 2022. AFP / Ted Aljibe MANILA, Philippines — Motorists will see lower pump prices in the first week of September as oil firms announced rollbacks effective Tuesday, Sept. 1. Shell and Seaoil said the price
Oil price rollback set in first week of September Read More »
Oil prices have surged following a U.S. military action against an Iranian island in the strategic Strait of Hormuz, heightening tensions in the region. The attack, reportedly met with retaliation from Tehran, comes as the conflict involving the U.S. and Israel against Iran continues into its sixth month. This geopolitical escalation has pushed crude oil
US attack on Iranian island sends oil prices surging amid rising tensions Read More »
By Irina Slav – Aug 29, 2026, 6:00 PM CDT The Iran war added an estimated $330 billion to global oil, fuel and LNG import bills between March and August, with crude accounting for nearly half the increase. Europe suffered the biggest hit at $78 billion, followed by China at $35 billion and India at
Iran War Adds $330 Billion to Global Energy Import Bill Read More »
Drilling rigs Oil prices fell at Friday’s settlement, posting weekly losses as market participants assessed hawkish signals from the Federal Reserve, alongside hopes that diplomatic efforts could succeed in fully reopening the Strait of Hormuz. The latest round of the U.S.-Iran war entered its sixth month on Friday with no clear path toward a settlement,
Oil prices fall, head for weekly losses Read More »
Tags agricultural commodities commodity prices today el nino fertiliser stocks Food Inflation Food prices share market today Global agricultural commodity prices are surging, with wheat, cotton, rubber, palm oil, soybean and sugar among the key gainers. Adverse weather, El Nino risks, higher fuel and fertiliser costs, biofu… https://www.cnbctv18.com/videos/market/commodities/global-food-commodity-prices-wheat-cotton-sugar-palm-oil-soybean-surge-19978978.htm
Wheat, sugar, palm oil prices surge: Is food inflation next? Read More »
Friday 28 August 2026 6:30 am | Updated: Friday 28 August 2026 8:03 am Welcome back to the City AM FTSE 100 liveblog. Welcome back to the City AM FTSE 100 liveblog. The UK’s blue-chip index is set to jump on Friday morning, according to futures from investment platform IG. Oil prices reared back up
FTSE 100 Live: Stocks jump; oil rises as US says ‘no talks’ with Iran Read More »
