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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 63 of 100
The great African air conditioning boom is about to begin—and it could strain the planet
EnergyThe great African air conditioning boom is about to begin—and it could strain the planet
By Katherine DunnMarch 19, 2020
Red Cross medics check the temperature of a policeman during the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020. - All eyes are on Russia at the gathering of OPEC countries and their allies, with the cartel hoping to convince Moscow to back drastic production cuts to counter the effects of the coronavirus outbreak. (Photo by ALEX HALADA / AFP) (Photo by ALEX HALADA/AFP via Getty Images)
EnergyWhy the Saudi Arabia-Russia oil price war could mean the death of OPEC
By Julian Lee and BloombergMarch 17, 2020
Crude is tanking. Why then are the Saudis so confident?
EnergyCrude is tanking. Why then are the Saudis so confident?
By Adrian CroftMarch 16, 2020
Sci-fi tech tackles climate change with fake trees
MagazineSci-fi tech tackles climate change with fake trees
By Jennifer AlseverMarch 16, 2020
Big Oil’s Hail Mary
MagazineBig Oil’s Hail Mary
By Jeffrey BallMarch 16, 2020
ESS.04.20.Climate Crisis
MagazineWall Street is starting to put pressure on the fossil fuel industry—just not aggressively enough
By Bill McKibbenMarch 16, 2020
Inside ‘Project Odessa,’ an experiment in greener fossil-fuel power
EnergyInside ‘Project Odessa,’ an experiment in greener fossil-fuel power
By Jeffrey BallMarch 16, 2020
Saudi Aramco shares sink as the oil price war and coronavirus toll escalates
EnergySaudi Aramco shares sink as the oil price war and coronavirus toll escalates
By Anthony DiPaola, Matthew Martin and BloombergMarch 15, 2020
Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Saudi Aramco plans to boost its oil-output capacity for the first time in a decade as the worlds biggest exporter raises the stakes in a price and supply war with Russia and U.S. shale producers. Photographer: Andrey Rudakov/Bloomberg via Getty Images
EnergyWhy Saudi Arabia’s plan to punish Russia with an oil price war likely won’t work
By Dina Khrennikova, Olga Tanas and BloombergMarch 12, 2020
The oil sector takes its next hit: Coronavirus on offshore rigs
EnergyThe oil sector takes its next hit: Coronavirus on offshore rigs
By Katherine DunnMarch 11, 2020
Fatih Birol, executive director of the International Energy Agency, speaks during a Bloomberg Television interview on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 21, 2020.
EnergyCoronavirus and a price war battered oil markets. But the real victims will be far from Wall Street
By Vivienne WaltMarch 11, 2020
PepsiCo is buying Rockstar energy drink maker for $3.85 billion
FinancePepsiCo is buying Rockstar energy drink maker for $3.85 billion
By Thomas Buckley and BloombergMarch 11, 2020
This picture taken on December 11, 2019, shows a Saudi security boat patrolling by an oil tanker at the port of Ras al-Khair, about 185 kilometres north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)
EnergySaudi Arabia-Russia oil price war escalates as Aramco announces 25% output hike
By Javier Blas, Matthew Martin, Grant Smith and BloombergMarch 10, 2020
Oil rigs stand in the Permian Basin area of Odessa, Texas, on Jan. 19, 2019. In the Permian, America's busiest oil patch, a producer needs to blast as much as 60,000 barrels of water into a well every day, along with sand and chemicals, to complete the fracking that cracks open the tight, oil-bearing rock about a mile underground.
Energy‘This is a bloodbath for U.S. oil:’ Price plunge will test how robust the shale boom really is
By Anne Sraders and Katherine DunnMarch 10, 2020
Here are two of the biggest losers from the Saudi Arabia oil price war
FinanceHere are two of the biggest losers from the Saudi Arabia oil price war
By Adrian CroftMarch 9, 2020
Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia arrives for the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020. - All eyes are on Russia at the gathering of OPEC countries and their allies, with the cartel hoping to convince Moscow to back drastic production cuts to counter the effects of the coronavirus outbreak. (Photo by ALEX HALADA / AFP) (Photo by ALEX HALADA/AFP via Getty Images)
EnergyOil analysts see prices dropping into the $20s on coronavirus and Saudi Arabia-Russia price war
By Ramsey Al-Rikabi and BloombergMarch 9, 2020
Demonstrators hold cardboard wind turbines in the air during a protest over climate action in Kiel, Germany in November 2019.
EnergyThe oil industry is finally talking climate crisis, but don’t expect change to come easily
By Katherine DunnFebruary 28, 2020
Oil demand was set to rise in 2020, then the coronavirus outbreak hit
EnergyOil demand was set to rise in 2020, then the coronavirus outbreak hit
By Katherine DunnFebruary 26, 2020
LONDON, ENGLAND - FEBRUARY 12: A couple sit on a bench in the morning sun in Greenwich park with Canary Wharf seen in the distance on February 12, 2020 in London, England. High winds, rain and snow from Storm Ciara has brought damage and disruption to public transport and communities across the United Kingdom this week. Storm Dennis is expected to arrive later in the week and with it bringing more widespread strong winds and heavy rain. (Photo by Chris J Ratcliffe/Getty Images)LONDON, ENGLAND - FEBRUARY 12: A couple sit on a bench in the morning sun in Greenwich park with Canary Wharf seen in the distance on February 12, 2020 in London, England. High winds, rain and snow from Storm Ciara has brought damage and disruption to public transport and communities across the United Kingdom this week. Storm Dennis is expected to arrive later in the week and with it bringing more widespread strong winds and heavy rain. (Photo by Chris J Ratcliffe/Getty Images)
EnergyLondon joins coronavirus work-from-home trend as Chevron sends traders home over sick employee
By Kevin Crowley, Catherine Ngai, Laura Hurst, Sheela Tobben and BloombergFebruary 26, 2020
Germany, the engine of Europe, plans to ditch nuclear and coal—regardless of whether renewables can fill the void
EnergyGermany, the engine of Europe, plans to ditch nuclear and coal—regardless of whether renewables can fill the void
By Christiaan HetznerFebruary 25, 2020
Dow Plunges Over 1000 Points As Spread Of Coronavirus Rattles Markets
FinanceCoronavirus fears batter the stock market, wiping out all of this year’s gains
By Erik ShermanFebruary 24, 2020
Supreme Court wades into battle over Atlantic Coast Pipeline
EnvironmentSupreme Court wades into battle over Atlantic Coast Pipeline
By Denise Lavoie and The Associated PressFebruary 24, 2020
In China, oil won’t be the only energy sector battered by the coronavirus
EnergyIn China, oil won’t be the only energy sector battered by the coronavirus
By Katherine DunnFebruary 18, 2020
Coronavirus may be the straw that breaks the back of oil fracking
FinanceCoronavirus may be the straw that breaks the back of oil fracking
By Erik ShermanFebruary 15, 2020
Germany Cooling Towers-Energy Emissions
EnergyEnergy emissions plateaued in 2019, as advanced economies gave up coal
By Katherine DunnFebruary 11, 2020
15 January 2020, Brandenburg, Sieversdorf: Red position lights shine on wind turbines in the "Odervorland" wind farm in the Oder-Spree district. Photo: Patrick Pleul/dpa-Zentralbild/ZB (Photo by Patrick Pleul/picture alliance via Getty Images)
EnvironmentThe latest landfill problem comes from the renewable energy industry
By Chris Martin and BloombergFebruary 5, 2020
The U.S. may soon have the world’s oldest nuclear power plants
EnergyThe U.S. may soon have the world’s oldest nuclear power plants
By Ari Natter and BloombergFebruary 4, 2020
the virus has upended trade flows and probably led to a 20% cut to China’s oil demand. Here, staff on PetroChina Southwest Oil & Gasfield Company, a CNPC subsidiary, work at the natural gas purification plant in Suining in southwest China's Sichuan province on Jan. 15, 2020.
EnergyOPEC nerves grow as coronavirus forces China to slash oil imports
By Sharon Cho, Grant Smith and BloombergFebruary 4, 2020
The next frontier of road rage is the parking garage
EnergyThe next frontier of road rage is the parking garage
By Andrew MosemanJanuary 30, 2020
A picture taken on December 2, 2019 in Donges, near Saint-Nazaire, western France, shows a view of Total Refinery and fuel depot as public works companies (BTP) workers strain some accesses to protest against a planned tax reform. (Photo by LOIC VENANCE / AFP) (Photo by LOIC VENANCE/AFP via Getty Images)
EnergyOil giant Total is being sued by cities and NGOs for not fighting climate change hard enough
By Francois de Beaupuy and BloombergJanuary 28, 2020
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