U.S. Airlines Cut 2026 Earnings Guidance as Jet Fuel Costs Surge with Brent Above $100
Renewed Middle East hostilities pushed Brent crude back above $100 per barrel and drove U.S. jet fuel costs sharply higher….
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Argentina’s Oil Output Hits Record 887,227 Barrels Per Day as Vaca Muerta Scales Up
Argentina's oil output hit an all-time high of 887,227 barrels per day in May 2026, 19% above the same month…
Brent Tops $100 as Houthi Tanker Strikes Leave a Second Oil Chokepoint Blocked
Brent crude topped $100 per barrel this week after Houthi strikes on two Saudi tankers left a second oil chokepoint…
Iraq weighs Syria pipeline to route crude around the Strait of Hormuz
Iraq is reportedly pursuing a pipeline through Syria that would carry its crude to the Mediterranean rather than out through…
Iranian agency reports oil tanker explosion after naval mine strike in Strait of Hormuz
An Iranian news agency linked to the country’s armed forces reports that an oil tanker exploded after hitting a naval…
