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Current price of oil as of June 16, 2026

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Current price of oil as of June 16, 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 15, 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 62 of 100
This European country may have the most ambitious green agenda yet. Here’s how it plans to go carbon neutral
EnergyThis European country may have the most ambitious green agenda yet. Here’s how it plans to go carbon neutral
By Boris Groendahl, Jonathan Tirone and BloombergJune 21, 2020
PG&E dodges 90 years in jail for fire because it’s not a person
LeadershipPG&E dodges 90 years in jail for fire because it’s not a person
By BloombergJune 18, 2020
BP CEO Bernard Looney
EnergyFor BP, a path to zero emissions is taking shape. It’s going to cost them
By Katherine DunnJune 15, 2020
BP to cut 10,000 jobs as the coronavirus pandemic continues to squeeze Big Oil
EnergyBP to cut 10,000 jobs as the coronavirus pandemic continues to squeeze Big Oil
By Laura Hurst and BloombergJune 8, 2020
The pandemic won’t derail the green energy transition
NewslettersThe pandemic won’t derail the green energy transition
By Eamon BarrettMay 28, 2020
The U.K.’s lockdown is making the country’s electricity grid greener—for good
EnergyThe U.K.’s lockdown is making the country’s electricity grid greener—for good
By Katherine DunnMay 26, 2020
Stocks soar on vaccine hopes, bailouts and new plans to re-open the global economy
NewslettersStocks soar on vaccine hopes, bailouts and new plans to re-open the global economy
By Bernhard WarnerMay 26, 2020
Europe pushes for a green recovery as the Trump Administration weakens environmental protections
EnvironmentEurope pushes for a green recovery as the Trump Administration weakens environmental protections
By Josh Priti and BloombergMay 22, 2020
COVID-19 is crippling the energy market, with one big exception: renewables
EnergyCOVID-19 is crippling the energy market, with one big exception: renewables
By Katherine DunnMay 20, 2020
As pain on the shale patch deepens, U.S. overtakes Saudi Arabia in cutting oil production
EnergyAs pain on the shale patch deepens, U.S. overtakes Saudi Arabia in cutting oil production
By Katherine DunnMay 14, 2020
Oil-rich Norway will withdraw a record $37 billion from wealth fund as COVID-19 batters economy
EnergyOil-rich Norway will withdraw a record $37 billion from wealth fund as COVID-19 batters economy
By Mikael Holter and BloombergMay 12, 2020
Gas filling stations in St Petersburg, Russia
EnergyThe oil business may never be the same again, Shell CEO acknowledges
By Anna Edwards, Laura Hurst and BloombergApril 30, 2020
As lockdowns decimate energy demand, renewables come out ahead of coal
EnergyAs lockdowns decimate energy demand, renewables come out ahead of coal
By Katherine DunnApril 30, 2020
The Church of England is going up against ExxonMobil on climate change. Can it win?
EnergyThe Church of England is going up against ExxonMobil on climate change. Can it win?
By Katherine DunnApril 24, 2020
Gas for $0.88 cents a gallon? How a week of turmoil in the oil futures market is playing out at the pump
FinanceGas for $0.88 cents a gallon? How a week of turmoil in the oil futures market is playing out at the pump
By Lance LambertApril 23, 2020
Grey's monument stands at the top of an empty street in Newcastle upon Tyne as shops and business remain closed and the population in lockdown in the UK's continuing fight against the coronavirus. (Photo by Owen Humphreys/PA Images via Getty Images)
Energy‘A month of Sundays:’ Electricity use data reveals secrets of coronavirus lockdown lifestyle
By Rachel Morison and BloombergApril 22, 2020
How the oil rout could bust U.S. shale patch and end Trump’s ‘American Energy Dominance’
EnergyHow the oil rout could bust U.S. shale patch and end Trump’s ‘American Energy Dominance’
By Kevin Crowley, Rachel Adams-Heard and BloombergApril 22, 2020
‘Unreal’: Oil prices go negative for the first time in history
Finance‘Unreal’: Oil prices go negative for the first time in history
By Katherine DunnApril 20, 2020
Crude math: Why $10 oil could be worth less than nothing
EnergyCrude math: Why $10 oil could be worth less than nothing
By Katherine DunnApril 20, 2020
Why the coronavirus crisis could make Big Oil greener
MagazineWhy the coronavirus crisis could make Big Oil greener
By Jeffrey BallApril 20, 2020
Shell becomes the largest global energy company to commit to a net-zero emissions goal by 2050
EnergyShell becomes the largest global energy company to commit to a net-zero emissions goal by 2050
By Katherine DunnApril 16, 2020
‘Black April’: IEA warns of ‘staggering’ demand drop in global oil markets
Energy‘Black April’: IEA warns of ‘staggering’ demand drop in global oil markets
By Katherine DunnApril 15, 2020
A gas tanker drives past an oil storage tank at the Volodarskaya line operation dispatcher station (LODS), operated by Transneft PJSC, in Konstantinovo village, near Moscow, Russia, on Tuesday, April 7, 2020. The worlds largest oil producers moved closer to an unprecedented deal to ratchet back production and rescue crude markets from a pandemic-driven collapse, after Russia signaled its ready to make cuts. Photographer: Andrey Rudakov/Bloomberg via Getty Images
EnergyTrump’s oil deal: The inside story of how the Saudi-Russia price war ended
By Javier Blas and BloombergApril 14, 2020
Saudi-Russia oil price war ends with OPEC+ deal to slash output, but prices stay near lows
EnergySaudi-Russia oil price war ends with OPEC+ deal to slash output, but prices stay near lows
By Javier Blas, Salma El Wardany, Grant Smith and BloombergApril 13, 2020
A gas tanker drives past oil storage tanks at the Volodarskaya line operation dispatcher station (LODS), operated by Transneft PJSC, in Konstantinovo village, near Moscow, Russia, on Tuesday, April 7, 2020. The worlds largest oil producers moved closer to an unprecedented deal to ratchet back production and rescue crude markets from a pandemic-driven collapse, after Russia signaled its ready to make cuts. Photographer: Andrey Rudakov/Bloomberg via Getty Images
EnergyOil prices plunge as Mexico ditches Saudi-Russia production cut plans
By Javier Blas, Salma El Wardany, Grant Smith and BloombergApril 10, 2020
Oil prices could plunge if OPEC and Russia fail to agree on a production cut
EnergyOil prices could plunge if OPEC and Russia fail to agree on a production cut
By Adrian CroftApril 8, 2020
For boom-bust oil towns, coronavirus is a very different kind of crisis
EnergyFor boom-bust oil towns, coronavirus is a very different kind of crisis
By Katherine DunnApril 5, 2020
The oil sector is quickly running out of storage for its unprecedented surplus
EnergyThe oil sector is quickly running out of storage for its unprecedented surplus
By Katherine DunnMarch 27, 2020
London Kentucky gas prices
Energy‘Can’t even give it away:’ Gasoline drops below $1 a gallon as U.S. economy locks down
By Jeffrey Bair, Jackie Davalos and BloombergMarch 24, 2020
‘It’s mind blowing’: As oil slides on coronavirus and price war, the market seeks a new normal
Energy‘It’s mind blowing’: As oil slides on coronavirus and price war, the market seeks a new normal
By Katherine Dunn and Erik ShermanMarch 20, 2020
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Personal Finance
Current price of oil as of June 16, 2026placeholder alt text
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Success
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
By Preston ForeJune 15, 2026
Personal Finance
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By Joseph HostetlerJune 15, 2026
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