Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.

Exxon, Chevron warn fuel prices to endure as war knocks refining

Exxon, Chevron warn fuel prices to endure as war knocks refining

Retail gasoline prices are just 10% below this year’s peak in May, even though West Texas Intermediate is down 26%.

By Kevin Crowley and BloombergAugust 1, 2026

Mike Wirth, chief executive officer of Chevron.

Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply

By Jordan BlumJuly 31, 2026

oil

Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon

By Cathy Bussewitz and The Associated PressJuly 31, 2026

Current price of oil as of July 31, 2026

Current price of oil as of July 31, 2026

By Joseph HostetlerJuly 31, 2026

Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires

Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires

By Sydney LakeJuly 30, 2026

Bank of England (BoE) Governor Andrew Bailey, right, and BoE Deputy Governor Clare Lombardelli attend the Monetary Policy Report press conference.

Bank of England keeps interest rates at 3.75% for fifth time this year

By The Associated Press and Danica KirkaJuly 30, 2026

Latest stories from Fortune

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

By Tom Maloney and BloombergAugust 1, 2026

Bessent joins Japan to help reverse months of yen losses

Bessent joins Japan to help reverse months of yen losses

By Shintaro Inkyo, Masahiro Hidaka and BloombergAugust 1, 2026

A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT

A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT

By Marcia Dunn and The Associated PressAugust 1, 2026

After Trump threatens more strikes on Iran, Kuwait and Hormuz shipping face new attacks, while Israel hits Gaza despite Hamas pledge to disarm

After Trump threatens more strikes on Iran, Kuwait and Hormuz shipping face new attacks, while Israel hits Gaza despite Hamas pledge to disarm

By Samy Magdy, Aamer Madhani and The Associated PressAugust 1, 2026

A loneliness epidemic is creating a new type of third space: the one built around curiosity

A loneliness epidemic is creating a new type of third space: the one built around curiosity

By Tatiana SatauaAugust 1, 2026

Jensen Huang

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

By Preston ForeAugust 1, 2026

Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy

Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy

By Marco Quiroz-GutierrezAugust 1, 2026

You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’

Personal Finance

You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’

By Sydney LakeAugust 1, 2026

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Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario

Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario

By Jordan BlumJuly 12, 2026

The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

By Jason MaJuly 11, 2026

U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz that Tehran said was using an ‘unauthorized route’

U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz that Tehran said was using an ‘unauthorized route’

By Jon Gambrell, Michelle L. Price, Will Weissert and The Associated PressJuly 11, 2026

There’s no escape from inflation as a perfect storm of the ‘Godzilla’ El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high

There’s no escape from inflation as a perfect storm of the ‘Godzilla’ El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high

By Jason MaJuly 11, 2026

Global oil demand is falling, and crude prices are down. But here’s why gasoline, diesel and other refined products are still costly

Global oil demand is falling, and crude prices are down. But here’s why gasoline, diesel and other refined products are still costly

By Cathy Bussewitz and The Associated PressJuly 11, 2026

Iran’s supreme leader vows revenge for killing of his father after Trump threatens to launch thousands of missiles if Tehran tries to assassinate him

Iran’s supreme leader vows revenge for killing of his father after Trump threatens to launch thousands of missiles if Tehran tries to assassinate him

By Jon Gambrell, Michelle L. Price, Will Weissert and The Associated PressJuly 11, 2026

Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins

Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins

By Joshua HongJuly 10, 2026

Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

By Jason MaJuly 10, 2026

Current price of oil as of July 10, 2026

Personal Finance

Current price of oil as of July 10, 2026

By Joseph HostetlerJuly 10, 2026

The crypto startup trying to put a barrel of oil on blockchain

The crypto startup trying to put a barrel of oil on blockchain

By Mia Gindis, Sidhartha Shukla and BloombergJuly 9, 2026

Current price of oil as of July 9, 2026

Personal Finance

Current price of oil as of July 9, 2026

By Joseph HostetlerJuly 9, 2026

U.S. President Donald Trump speaks to members of the press for the first time aboard the new Air Force One while in flight from RAF Mildenhall AFB to Joint Base Andrews July 8, 2026 after leaving the United Kingdom.

U.S.-Iran talks are ‘eerily similar’ to Trump’s bumpy China dealings in his first term, says top economist—don’t rule out further oil price spikes

By Eleanor PringleJuly 9, 2026

How global energy markets built the ‘Amazon of oil’ logistics to keep prices from spiraling

How global energy markets built the ‘Amazon of oil’ logistics to keep prices from spiraling

By Jordan BlumJuly 9, 2026

‘We’ll probably hit them hard again’: Trump warns Iran U.S. is preparing for more strikes following what he called the end of the ceasefire

‘We’ll probably hit them hard again’: Trump warns Iran U.S. is preparing for more strikes following what he called the end of the ceasefire

By The Associated Press, Jon Gambrell and Seung Min KimJuly 8, 2026

Andrew Forrest, chairman of Fortescue Metals Group Ltd., during a panel session at the World Economic Forum (WEF) Annual Meeting of the New Champions in Dalian, China, on Tuesday, June 23, 2026.

Mining CEO worth $24 billion nearly drowned and had to break his own leg in a freak hiking accident—he used the recovery time to go back to school

By Eleanor PringleJuly 8, 2026

IMF expects modest 3% growth as the Iran war is dragging down the economy while AI is boosting it

IMF expects modest 3% growth as the Iran war is dragging down the economy while AI is boosting it

By The Associated Press and Paul WisemanJuly 8, 2026

Current price of oil as of July 8, 2026

Personal Finance

Current price of oil as of July 8, 2026

By Joseph HostetlerJuly 8, 2026

Current price of oil as of July 7, 2026

Personal Finance

Current price of oil as of July 7, 2026

By Joseph HostetlerJuly 7, 2026

OPEC+ to pump more oil as market fears shift from shortage to glut

OPEC+ to pump more oil as market fears shift from shortage to glut

By Melissa HancockJuly 7, 2026

Current price of oil as of July 6, 2026

Personal Finance

Current price of oil as of July 6, 2026

By Joseph HostetlerJuly 6, 2026

katie

Katie McGinty: The energy economy’s biggest waste problem is already inside the system

By Kathleen “Katie” McGintyJuly 6, 2026

Photo: Kwak Noh-jung, chief executive officer of SK Hynix.

$29 billion stock offering going live this week will test investor appetite for AI companies

By Jim EdwardsJuly 6, 2026

The supertanker tycoon making millions on Hormuz shuttle runs

The supertanker tycoon making millions on Hormuz shuttle runs

By Weilun Soon, Alex Longley, Anthony Di Paola and BloombergJuly 5, 2026

Oil, gas tankers cross Hormuz via Oman-side route after U-turns

Oil, gas tankers cross Hormuz via Oman-side route after U-turns

By Weilun Soon, Paul Burkhardt and BloombergJuly 5, 2026

Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas — ‘Are we in the Soviet Union?’

Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas — ‘Are we in the Soviet Union?’

By Jason MaJuly 4, 2026

Iran’s envoy to China says Beijing to get Hormuz concessions

Iran’s envoy to China says Beijing to get Hormuz concessions

By BloombergJuly 4, 2026

Ukrainian drones target more Russian oil infrastructure as fuel crisis adds political pressure on Putin, who shrugs off attacks as ‘not critical’

Ukrainian drones target more Russian oil infrastructure as fuel crisis adds political pressure on Putin, who shrugs off attacks as ‘not critical’

By The Associated PressJuly 4, 2026

How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college

How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college

By Jordan BlumJuly 4, 2026

Photo: Russian President Vladimir Putin Attends ASEAN-Russia Summit

Russians live with fuel shortages and rationing as Putin insists the war against Ukraine will go on

By The Associated PressJuly 3, 2026

Chris Hulatt co-founder of Octopus Group

A 2-year taste of the office was enough to make 3 grads quit. Now they run a $13.2 billion investment firm: ‘We didn’t want a traditional job again’

By Orianna Rosa RoyleJuly 2, 2026

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Personal Finance

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

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By Nick LichtenbergJuly 31, 2026

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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By Tatiana SatauaJuly 31, 2026

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

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By Preston ForeAugust 1, 2026