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Current price of oil as of June 15, 2026

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Current price of oil as of June 15, 2026

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Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup

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Current price of oil as of June 16, 2026
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Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.
Vessels lie at anchor in the Strait of Hormuz off Iran's coast.
Filling up your car won’t feel normal until next summer, S&P says

A ceasefire between the U.S. and Iran could end the largest oil market disruption in history—and a full return to normal will take time to materialize.

By Tristan BoveJune 16, 2026
Current price of oil as of June 16, 2026
Current price of oil as of June 16, 2026
By Joseph HostetlerJune 16, 2026
REE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam’s economy. Here’s what she thinks comes next
REE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam’s economy. Here’s what she thinks comes next
By Nicholas GordonJune 16, 2026
U.S.-Iran interim deal: What could a Gulf bounce back look like?
U.S.-Iran interim deal: What could a Gulf bounce back look like?
By Melissa HancockJune 16, 2026
The jet fuel crisis never existed, sources say
The jet fuel crisis never existed, sources say
By Jim EdwardsJune 16, 2026
The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year
The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year
By Jason MaJune 15, 2026
Latest Stories
Citi, Ford, and Experian share their strategies for scaling AI agents
C-SuiteCiti, Ford, and Experian share their strategies for scaling AI agents
By Alexei OreskovicJune 16, 2026
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
BankingVietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
By Angelica AngJune 16, 2026
A man sits at a red checkerboard table with a Tiffany-style Pizza Hut lamp hanging above him.
RetailPizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia
By Sasha RogelbergJune 16, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
NewslettersDecision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
By Jeremy KahnJune 16, 2026
Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
Startups & VentureExclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
By Ben WeissJune 16, 2026
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
Europe‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
By Mia OsmonbekovJune 16, 2026
U.S. Treasury Secretary Scott Bessent.
EconomyTrump turned the dollar into a foreign policy tool, and now risks undermining the currency’s extraordinary status, think tank says
By Tristan BoveJune 16, 2026
butter
RetailWelcome to the summer of ‘Butter Yellow,’ the shade of consumer anxiety
By Nick LichtenbergJune 16, 2026
More EnergyPage 39 of 100
Long-shot effort to generate the $5tn needed annually for energy-transition technologies looks to combine carbon credits with the private sector
EnvironmentLong-shot effort to generate the $5tn needed annually for energy-transition technologies looks to combine carbon credits with the private sector
By Jamey Keaten and The Associated PressDecember 12, 2023
The biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflation
FinanceThe biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflation
By Ryan HoggDecember 8, 2023
New York offshore wind farm
EnvironmentNew York governor hails ‘milestone’ of first offshore wind farm, as Danish giant shows America how to do clean energy
By Jennifer McDermott and The Associated PressDecember 7, 2023
Darren Woods
PoliticsLina Khan’s FTC wants more information about Exxon’s $60 billion mega-acquisition of Pioneer Natural Resources
By Matthew Daly and The Associated PressDecember 6, 2023
Young woman in Africa cooks over an open flame
CommentaryAccess to modern stoves could be a game-changer for Africa’s economic development–and help cut the equivalent of the carbon dioxide emitted by the world’s planes and ships
By Akinwumi Adesina and Fatih BirolDecember 5, 2023
A woman with blonde hair wearing glasses and sitting amongst a group of individuals with a name card in front of her.
NewslettersEU’s climate-minded proposals are clashing with energy giants’ renewed love of fossil fuels
By Peter Vanham and Nicholas GordonDecember 5, 2023
How the CEO of SLB says its name change is helping the oil and gas services company weather the climate change storm
LeadershipHow the CEO of SLB says its name change is helping the oil and gas services company weather the climate change storm
By Phil WahbaDecember 4, 2023
John Kerry
EnvironmentJohn Kerry says U.S. stands with 56 countries committed to phasing out coal power plants entirely
By Seth Borenstein and The Associated PressDecember 4, 2023
Tesla, Boeing sign on to new Al Gore-backed database showing supplier emissions to build low-emissions supply chains: ‘A truthful stocktake’
EnvironmentTesla, Boeing sign on to new Al Gore-backed database showing supplier emissions to build low-emissions supply chains: ‘A truthful stocktake’
By Michelle Ma and BloombergDecember 3, 2023
Yellow Door Energy founder and CEO Jeremy Crane
EnvironmentOil and gas lobby is a ‘huge barrier’ to solar that is now ready for prime time, renewable energy founder says
By Christiaan HetznerNovember 28, 2023
Majid Jafar, Chief Executive Officer, Crescent Petroleum Francesco La Camera, Director-General, International Renewable Energy Agency
EnvironmentThe head of the Middle East’s largest private oil producer says we’ll need ‘100 times more’ renewable energy to meet demand
By Nicholas GordonNovember 28, 2023
Tesla rival BYD and other battery giants are betting on sodium for EVs and energy storage—and challenging the dominance of lithium-ion
TechTesla rival BYD and other battery giants are betting on sodium for EVs and energy storage—and challenging the dominance of lithium-ion
By Eddie Spence, Annie Lee and BloombergNovember 26, 2023
How a Danish wind company caught the ire of Donald Trump and took a $4 billion write-off in its ‘biggest pain point’—the U.S.
EnvironmentHow a Danish wind company caught the ire of Donald Trump and took a $4 billion write-off in its ‘biggest pain point’—the U.S.
By Ryan HoggNovember 17, 2023
Unrealistic plans to crack down on U.S. power plant emissions won’t work. We’ve been down this road before–and so have others
CommentaryUnrealistic plans to crack down on U.S. power plant emissions won’t work. We’ve been down this road before–and so have others
By William F. Shughart IINovember 17, 2023
Shell edges out Volkswagen to top the list of companies bringing in the most revenue in Europe
FinanceShell edges out Volkswagen to top the list of companies bringing in the most revenue in Europe
By Ryan HoggNovember 8, 2023
Orsted
EnvironmentAmerica’s wind execs on Biden’s scrapped offshore dreams: ‘We probably still need to go through the same learning curve that Europe did’
By Jennifer McDermott, Matthew Daly, Michael Hill, Mike Catalini and The Associated PressNovember 4, 2023
Chuck Schumer
PoliticsChuck Schumer leads group of 22 top Senate Dems urging FTC to check Big Oil after Exxon, Chevron mega-mergers
By Matthew Daly and The Associated PressNovember 2, 2023
Joe Biden
EnvironmentNonpartisan business group hails Biden’s green jobs boom: ‘We’re in the biggest economic revolution we’ve seen in generations’
By Isabella O'Malley and The Associated PressNovember 1, 2023
World Bank
FinanceThe World Bank sees oil exploding to $157 per barrel in the worst-case scenario from the Israel-Hamas war
By Fatima Hussein and The Associated PressOctober 30, 2023
Siemens Energy shares fall 40% after company seeks government help as wind-turbine woes threaten gas and power division
EnvironmentSiemens Energy shares fall 40% after company seeks government help as wind-turbine woes threaten gas and power division
By Wilfried Eckl-Dorna, Petra Sorge and BloombergOctober 26, 2023
Shell takes axe to its eco-friendly business as oil giant focuses on digging up fossil fuels
EnvironmentShell takes axe to its eco-friendly business as oil giant focuses on digging up fossil fuels
By Ryan HoggOctober 26, 2023
The energy transition is under threat as the Global South lags behind
CommentaryThe energy transition is under threat as the Global South lags behind
By Makhtar Diop and Mohamed Jameel Al RamahiOctober 25, 2023
Saudi crown prince Mohammed bin Salman
CompaniesSaudi crown prince Mohammed bin Salman’s 2030 growth plan bears fruit as Hyundai inks deal to join Lucid as next carmaker in the Gulf
By Christiaan HetznerOctober 23, 2023
Oil pump
FinanceAs Israel-Hamas war sends oil prices as high as $96 per barrel, IEA head says it’s ‘definitely not good news’ for the market
By Matthew Daly, David McHugh, Stan Choe and The Associated PressOctober 20, 2023
Gas shortage
Environment3 stunning charts show how the world of gas-guzzling has changed—and hasn’t—since the trauma of the 1973 oil embargo
By Jim Krane, Mark Finley and The ConversationOctober 12, 2023
Exxon’s $59.5 billion deal to buy a giant shale driller is telling us something about climate change and how fast the green transition will be
FinanceExxon’s $59.5 billion deal to buy a giant shale driller is telling us something about climate change and how fast the green transition will be
By Will DanielOctober 11, 2023
Map shows global electricity production by source since 1990
MagazineThe dark side of electric vehicles: Here are the countries where driving an EV can be dirtiest
By Nicolas Rapp and Matthew HeimerOctober 9, 2023
What Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’
FinanceWhat Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’
By Steve MollmanOctober 8, 2023
With war in Israel, oil traders focus on Iran and ‘domino effect’ from possible tightening of sanctions
FinanceWith war in Israel, oil traders focus on Iran and ‘domino effect’ from possible tightening of sanctions
By Grant Smith and BloombergOctober 8, 2023
Attack on Israel: What investors, economists, and strategists are saying about the effect on markets
FinanceAttack on Israel: What investors, economists, and strategists are saying about the effect on markets
By Macarena Muñoz, Sagarika Jaisinghani, Netty Ismail and BloombergOctober 8, 2023
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Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cupplaceholder alt text
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