oil price

Crude oil has surrendered roughly a third of its value since the Strait of Hormuz conflict pushed it toward $120 a barrel, yet the price Americans pay at the pump has only barely dropped. West Texas Intermediate – as closely tracked by the United States Oil Fund (NYSE:USO) – fell almost 5% on...

The war just moved from the Strait of Hormuz to Iran’s oil export heart. U.S. forces struck several of military targets on Iran’s Kharg Island into early Tuesday, according to reports from Fox news, while President Donald Trump issued a civilization-level warning to Tehran. Crude oil...

Oil markets have lurched from complacency to panic in a matter of days. Brent crude has surged past $100, climbing roughly 50% since hostilities escalated around the Strait of Hormuz — the world's most critical oil shipping chokepoint. But one economist believes the market's reaction may now be...

On Sunday evening, U.S. stock futures moved higher as oil futures hovered near $100 per barrel. Stock Futures Edge Higher As Oil Volatility Grips Markets U.S. equity futures pointed higher in late trading. Dow futures rose 180 points, or 0.38%, to 47,066, while S&P 500 futures gained 29 points...

The recent oil market volatility hasn't just lifted energy stocks — it may also be quietly boosting fertilizer producers. As geopolitical tensions ripple through global energy markets, rising natural gas and petrochemical costs are beginning to push fertilizer prices higher. That dynamic could...

Oil's surge toward $120 per barrel is rattling energy markets and fueling inflation fears. But for one corner of the market, the spike could be a tailwind. Historically, sharp moves higher in oil prices tend to revive interest in nuclear power — a stable, carbon-free energy source whose fuel costs...

Cheap energy was supposed to be the easy win for the Trump administration. Instead, oil markets are moving in the opposite direction. Crude briefly surged to around $119 per barrel, the highest level since 2022, as escalating tensions involving the U.S., Israel and Iran rattled global energy...

Venezuela’s return to the global oil market won’t crash crude prices, according to one expert. But it could quietly reshape who wins in the next cycle. As barrels begin flowing back into global markets, fears of a supply-driven price collapse could be misplaced. The real shift isn...

Oil and gas are cyclical. Phoenix Energy LLC (AMEX:PXHEP) is trying to build something that isn't. "We're not building a business that reacts to the market," CEO Adam Ferrari told Benzinga in an exclusive email interview. "We're building one that's designed to thrive through it." Designing For Down...

Iran is experiencing a countrywide shutdown triggered by intensifying protests and a deepening political and economic crisis. This government-ordered shutdown has impacted businesses, educational institutions, and government offices spanning 21 provinces. What Happened: The escalating protests have...

Silver has finally crossed a threshold untouched since 1980. Today, the white metal trades above $60 per ounce, while oil sits below $60 per barrel. In essence, that means one ounce of silver can now buy more than a single barrel of oil, a dynamic unseen since January 1980, if excluding the...

Drillers are packing up their gear, and investors should be paying attention, especially those invested in oil stocks. According to the latest Baker Hughes report, the number of international oil rigs (excluding North America) fell by six rigs in May to 653, marking the lowest count in two decades...

So much for “drill, baby, drill.” The energy sector is drilling all right – straight into red territory. Down a bruising 11.47% over the past month, Energy, as tracked by the SPDR Energy Select ETF (NYSE:XLE), has officially become the worst-performing sector in the S&P 500....

The aviation sector has been flying in turbulent skies recently, thanks to heightened oil price volatility. With Brent crude oil prices slipping below $70 per barrel on March 6, followed by a sharp rebound on March 7, airline stocks and sector-focused ETFs have been on a rollercoaster ride....

The energy sector is facing heightened investor scrutiny as recent developments have added uncertainty to oil markets. A combination of rising U.S. crude inventories, geopolitical tensions and trade concerns has triggered volatility in oil prices, leading to mixed reactions across energy-related...