Ryan Dezember

Precious metals prices are on track for their largest quarterly losses on record, dragged down from the peaks in late January by doubts about the path of interest rates and investors who are shedding riskier assets. Gold futures fell Monday to $4,022.30 a troy ounce, bringing the second-quarter d

U.S. propane exports rose to a record in April, eclipsing 2 million barrels a day for the first time, the Energy Information Administration said Tuesday. Propane, which is a byproduct of natural-gas drilling and oil refining, is a crucial ingredient in making plastics as well as a fuel used for coo

Alcoa shares are on track for their worst day since President Trump announced sweeping tariffs in April 2025, trading as much as 12% lower after the Pittsburgh company said i[t would pay up to $5.6 billion](https://www.wsj/business/deals/alcoa-to-acquire-mining-processing-assets-from-south32-for

California drivers, Gulf Coast refiners and Puerto Ricans have benefited from temporary suspension of the act.

It takes a lot to get Americans to drive less: a deadly global pandemic that parked cars, a housing bust that pushed the financial system to the brink of collapse. Prices at the pump did it in May. Americans drove about 2 billion fewer miles that month than they did a year earlier, a rare year-over

U.S. oil futures are having one of their best days of the year, rising 7% to more than $75 a barrel after President Trump said he believed the ceasefire with Iran was over and vowed to continue bombing. Ta

Dow industrials slide nearly 600 points

Power demand is surging to keep America's air conditioners running, but prices are falling for the fuel that helps generate much of the country's electricity. Natural-gas futures are on track to drop more than 10% this week, an unusual move during such steamy weather. The pressure on prices is comi

International crude price climbed nearly 10% as President Trump said he would reimpose U.S. blockade.

Georgi Kantchev, Rebecca Feng, Ryan Dezember Oil markets and Middle East producers appear to be aligning around a new reality: The Strait of Hormuz is no longer expected to return to a prewar norm.