Costco motor oil: prices double, purchases capped amid Iran conflict
Amid the Trump-Iran war, Costco has raised motor oil prices and imposed purchase caps, reflecting wider supply chain stress.
14/09/2026 22:3313 min read
Commodities
Trump says Ukraine and Russia agree to spare energy infrastructure
Trump announces that Ukraine and Russia have both agreed to avoid attacking each other's energy targets, causing oil prices to drop.
14/09/2026 15:212 min read
Saudi east-west pipeline repair may take 3-5 weeks - AP
Attacks damaged the Saudi east-west pipeline, expected to take 3-5 weeks to repair, tightening oil markets and pushing WTI to $104.95.
14/09/2026 13:124 min read
Silver clings to $63 support as hawkish Fed and surging oil weigh
Silver holds above $63 support despite a hawkish Fed outlook and surging oil, with the FOMC decision and Middle East tensions as key risks.
14/09/2026 12:4411 min read
Gold threatened with deeper drop below $4,300 before Fed decision
Gold prices have fallen below $4,300, with a break of technical support levels potentially triggering a deeper selloff before the Fed decision.
14/09/2026 10:317 min read
Oil climbs as Hormuz talks delayed and Saudi pipeline closure worsens supply fears
Oil rises as Saudi pipeline closure and postponed Hormuz talks worsen supply fears, with technical levels and catalysts ahead.
14/09/2026 09:2110 min read
Gulf supply worries keep oil prices elevated and inflation concerns alive
Oil prices climbed after Saudi pipeline attacks and a drop in Hormuz traffic, keeping inflation worries in focus before the Fed decision.
14/09/2026 05:337 min read
Chinese bank flags possible oil demand hit above $100
CICC raised its Brent forecast to $85 and warned that oil above $100 could start to dent demand.
14/09/2026 00:5217 min read
Drone strike shuts Saudi Arabia's key East-West pipeline; Hormuz talks delayed
Drone attack shuts Saudi East-West pipeline, disrupting oil supply as Hormuz talks stall and Houthis advance.
13/09/2026 22:3217 min read
Oil drops after attacks on Saudi pipeline; WTI retreats from $104 high
Oil prices dropped as WTI crude fell from a high of $104.46 to trade around $100, despite fresh attacks on Saudi energy infrastructure.
11/09/2026 17:019 min read
National Diesel Average Reaches $6, 28 States Hit Record Highs
Diesel hit $6 per gallon nationally for the first time, with 28 states recording all-time highs as crude oil prices remain elevated.
11/09/2026 09:279 min read
Maritime attack near Hormuz confirmed amid unverified satellite claims of Saudi pipeline hit
A confirmed attack on two vessels near the Strait of Hormuz and unverified satellite images suggesting possible damage to Saudi Arabia's East-West pipeline…
10/09/2026 21:5114 min read
Oil surges 7% as supply fears grip market
Oil rose 7% past $100 after Trump signalled the Iran war would continue, reinforcing supply fears.
10/09/2026 20:236 min read
Oil hits $102 as Iran missile production report stokes supply concerns
Crude oil surged to $102 after a report that Iran is producing ballistic missiles again, adding to Middle East supply fears. A drone attack on a Russian…
10/09/2026 16:519 min read
Gold ETFs post $18 billion inflow, second-largest month ever
Global gold ETFs attracted $18 billion in August, the second-largest monthly inflow, pushing holdings to an all-time high.
10/09/2026 14:568 min read