crude oil

Example Sentences

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When the Iran war first broke out on Feb. 28, traders rushed to trade perpetuals tied to crude oil over that weekend, as traditional financial markets were closed.

From MarketWatch • May 29, 2026

Such a deal could lead to lower crude oil prices and cool inflation in Japan, easing pressure on the BOJ to raise rates.

From The Wall Street Journal • May 29, 2026

Brent crude oil for July delivery fell below $92 a barrel on hopes that oil-laden ships will soon be able to transit the crucial waterway.

From The Wall Street Journal • May 29, 2026

Steep drawdowns in recent weeks from the Strategic Petroleum Reserve, the federal government’s emergency supply of crude oil, have rattled some economists and investors.

From MarketWatch • May 28, 2026

A gasket blows five thousand feet underwater beneath an oil rig off the coast of Louisiana, sending millions of barrels of crude oil gushing into the Gulf of Mexico.

From "Becoming" by Michelle Obama