Iranian Strike on Oil Tanker Near Dubai Heightens Regional Tensions
An Iranian strike on a large oil tanker off the coast of Dubai raises concerns amid escalating tensions following recent threats from President Trump.
Understanding the Impact of Speed on Gas Mileage
As gas prices remain high, it's crucial to consider the fuel efficiency of your vehicle at different speeds. How much are you sacrificing for speed?
Ancient Canadian Shield Rocks Reveal Natural Hydrogen Gas, Suggesting New Energy Possibilities
Geochemists have identified natural hydrogen gas in ancient Canadian Shield rocks, which could indicate a promising renewable energy source.
Should We Consider a Gas Tax to Stabilize Prices?
The discussion around a price-stabilizing gas tax raises questions about its potential benefits in managing fuel costs.
Oil Prices Update as of May 18, 2026
Stay informed with the latest updates on oil prices as reported by Fortune on May 18, 2026.
Exploring the Potential of Hydrogen Energy from Mountain Erosion
A recent study suggests that natural processes in mountain ranges like the Alps and Pyrenees may facilitate the formation of hydrogen gas, offering new clean energy possibilities.
Exploring Future Trends in Oil Pricing: Three Possible Scenarios
Morningstar Canada examines three potential scenarios that could influence the direction of oil prices in the coming months.
Historic 1931 Cummins Diesel Car Achieves Remarkable Feat at Indy 500
The 1931 Indy 500 witnessed a significant milestone as Cummins' Duesenberg diesel race car completed the race without needing to refuel, utilizing only $1.40 of furnace oil.
Understanding the Significance of the UAE's New Oil Pipeline for India and Global Markets
The UAE's new oil pipeline, which bypasses the Strait of Hormuz, could have significant implications for oil supply security in India and the dynamics of global oil markets.
Trump's Comments on Iran Heighten Oil Supply Concerns and Influence WTI Price Outlook
Recent remarks by Trump regarding Iran have sparked worries about potential disruptions in oil supply, subsequently raising expectations for West Texas Intermediate (WTI) prices.
Supercars Face Potential Oil Shortage Amid Ongoing U.S.-Israel Conflict with Iran
The ongoing conflict involving the U.S. and Israel in Iran could lead to a significant oil shortage for supercars, impacting maintenance costs for owners.
Concerns Arise After Wheel Detaches Following Oil Change at Dealership
A woman's experience at a dealership raises serious questions about vehicle maintenance and customer service after a wheel fell off her Ford shortly after an oil change.
BP Reassesses Strategy, Returns to Core Oil and Gas Focus
In light of evolving market conditions, BP is redirecting its strategy to prioritize traditional oil and gas operations, signaling a notable shift in its business approach.
Chevron's Stock Rises 5.2% Following ENEOS Asset Sale and Oil Market Boost
Chevron's recent stock increase of 5.2% can be attributed to its strategic sale of assets in Asia to ENEOS, coupled with favorable conditions in the oil market.
France Considers Windfall Tax on TotalEnergies in Response to Rising Oil Prices
Amidst soaring oil prices, the French government is contemplating a windfall tax on TotalEnergies, aiming to mitigate the impact on consumers.
Alberta's New Carbon Deal Links Emissions Reduction to Oil Pipeline Development
A new agreement in Alberta, Canada, connects carbon management efforts to the construction of a new oil pipeline, aiming to mitigate emissions from oil extraction.
Iran Faces Intensifying Energy Crisis Ahead of Summer Peak
As summer approaches, Iran's energy crisis deepens, prompting the implementation of emergency measures due to dwindling oil stockpiles.
South Korea's Refining Capacity Offers Resilience to Oil Price Volatility
The substantial refining capacity in South Korea serves as a protective measure against the unpredictability of oil prices.
European-Chinese Spacecraft Set to Launch for Solar Storm Investigation
A collaborative mission between Europe and China is scheduled to launch a spacecraft on Tuesday. Its goal is to study the effects of solar storms on Earth's magnetic shield.
Current Oil Prices: WTI at $101.02 and Brent at $109.26
Today's oil prices show notable shifts in the market, with WTI priced at $101.02 and Brent at $109.26.