Oil Prices Steady
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Hurricane Isaias Shuts In Oil Platforms
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Oil futures ended the session slightly higher with the market showing relief after President Trump said the U.S. won’t strike Iran before the U.S. midterm elections.
Middle Eastern oil flows have bounced back in recent weeks, but gas and diesel prices remain elevated ahead of the midterms.
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Home heating oil prices are soaring — and users' winter bills could rise 21%, federal outlook shows
A tight global diesel market is driving up heating oil prices, with households in the Northeast facing the biggest impact.
Foreign investors are returning but find busted pipelines, chronic blackouts and an industry hollowed out by years of neglect.
The case of a small Malaysian shipping agency illustrates the challenges Washington faces in its effort to stanch the flow of Iranian oil.
Oil prices climbed Thursday on continued worries about global supply and as record tanker attacks in the Middle East sent crossings through the Strait of Hormuz to a two-month low.
Commercial crude oil inventories fell by 3.2 million barrels to 424.1 million barrels in the week ended Oct. 2. Crude inventories were expected to have increased by 1.7 million barrels, according to a Wall Street Journal survey of analysts.
Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
Oil-Dri Corporation Of America (NYSE:ODC) reported record fiscal 2026 sales and net income, capped by all-time-high fourth-quarter revenue, as growth in its business-to-business and retail operations helped offset higher transportation costs and pressure on gross margins.
Amritra Sen, Energy Aspects Market Intelligence founder and director, joins 'The Exchange' to discuss oil futures and the real price of oil.