Current price of oil as of May 1, 2026
At 8:45 a.m. Eastern Time today, oil was priced at $116.10 per barrel with Brent serving as the…
Are we willing to lead by example on fossil fuels? – The Irish Times
Sir, – The First Conference on Transitioning Away from Fossil Fuels concluded on Wednesday in Santa Marta, Colombia.…
UAE Break With OPEC Puts African Crude Exports At Risk
A couple of days ago, the United Arab Emirates announced that it will formally leave OPEC on May…
$6 Gas in California Signals New Phase of the Global Energy Crunch
The statewide average for 87-octane gasoline in California has topped $6 a gallon as the Iran-war-driven global energy…
How the war on Iran exposes the link between fossil fuels, plastics, and price shocks – Greenpeace
The US-Israel war on Iran is shattering lives across Iran and the wider region. Civilians pay first and hardest —…
United Arab Emirates to Leave OPEC
Today’s ESG Updates: United Arab Emirates to Leave OPEC: The UAE’s exit from OPEC could add more uncertainty…
Brussels weighs letting fossil fuel companies break EU pollution limits – POLITICO
The option not to penalize emitters could be in effect for between one and three years, one of…
Kremlin Hopes OPEC+ Will Stand Firm Despite UAE Exit
The Kremlin said Wednesday it hopes the departure of the United Arab Emirates from OPEC and the expanded…
Dow, S&P 500, Nasdaq drop as chip stocks sink on OpenAI report, oil rises
US stocks slipped from record highs on Tuesday as OpenAI (OPAI.PVT) doubts weighed on tech stocks and the…
Markets live: Inflation likely to reach highest level since 2023, ASX to drop for seventh straight day
Good morning, and welcome to the ABC’s finance blog. I’ll be guiding you through the latest market action…
Oil Surge May Force 40% of Japan’s Firms to Cut Core Business Within Six Months
Japan Data Economy Apr 28, 2026 A survey of Japanese companies found that if crude oil prices remain…
Current price of oil as of April 27, 2026
As of 9 a.m. Eastern Time today, oil sold for $106.73 per barrel (using Brent as the benchmark,…