A record 9.9 million barrels of oil were shipped out ​from the U.S. Strategic Petroleum Reserve last week, data from ‌the Department of Energy showed on Monday, pushing the total volumes in the U.
Oil markets test new highs amid rising geopolitical risks.
Oil futures climbed on Monday, getting a boost after President Donald Trump warned that the “clock is ticking” on Iran, but a loss of the buffers used to cushion supply disruptions could spark the
Evercore's Roger Altman said in a CNBC interview on Monday that a sharp rise in crude could destabilize markets before it may trigger “the second big inflation shock of this decade after COVID,” e
As the world watches the next act in the U.S.-Iran drama with bated breath, the headlines write themselves: the worst oil disruption in history, a fifth of global supply at risk, and Brent crude close

Why Oil Hasn't Hit $150—Yet

10:25am, Monday, 18'th May 2026
I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I certainly expec
Roger Altman, Evercore founder and senior chairman, joins 'Squawk Box' to discuss the latest market trends, state of global oil markets, impact of rising oil prices, state of the economy, his thoughts
Oil rallies to kick off the session but can't hang on to gains as the headlines – or even the lack of – could continue to be an issue.
Dan Yergin, S&P Global vice chairman, joins 'Squawk Box' to discuss the state of global oil markets, impact of the Strait of Hormuz closure on oil prices, oil price outlook, and more.
News from Iranian media says the U.S. has extended an olive branch through lifting oil sanctions, though U.S. officials have not confirmed. Kevin Green turns to the ripple effects the headline is crea
US stocks have been predicted to start Monday trading in the red, as they ended last week, with investors continuing to worry about rising bond yields, stubborn inflation and the economic fallout from
Oil markets are operating under a "veneer of stability", strategists say, but physical shortages could strike Europe by the end of this month. Even a swift reopening of the Strait of Hormuz would stil
Thirty-year bond yields are nearing the highest since 2007. That's hard for tech stocks to overcome.
Jeff Currie, Co-Chairman of Abaxx Markets, joins Squawk Box Europe to discuss his thoughts on the energy complex, crude prices and much more.
Fatih Birol, head of ​the International Energy Agency, ‌said on Monday that commercial oil ​inventories were depleting ​rapidly amid the Iran ⁠war and the ​closure of the ​Strait of Horm
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