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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Current price of oil as of June 10, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Current price of oil as of June 10, 2026
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Ideas and insights on pressing issues facing the business world.
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Gordon Ritter: I predicted AI’s learning loop a decade ago. The doomers are still measuring the wrong thing

The companies winning aren’t replacing human judgment — they’re capturing it. The ones losing are letting it drain away.

By Gordon RitterJune 11, 2026
bessent
Social Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
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250
America turns 250. Its greatest innovation was never a product — it was a system that let anyone build one
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tim
Merlin CTO: autonomy can rebuild the foundation of aviation — and national security
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dewar
I founded McKinsey’s CEO practice: Here’s why operational excellence is a liability right now
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Latest Stories
A man in a suit jacket gestures with his hands.
AISpaceX is about to make history—and 80% of VCs won’t see a dime of it
By Amanda GerutJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
EconomyT-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
By Jim EdwardsJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
NewslettersBridgit Mendler sees the space economy going mainstream
By Andrew NuscaJune 11, 2026
Top CD rates today, June 11, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates today, June 11, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 11, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 11, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on June 11, 2026
By Glen Luke FlanaganJune 11, 2026
‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
Newsletters‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
By Diane BradyJune 11, 2026
Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
CryptoMeet the Fortune Crypto 100: A ranking of the very best companies in blockchain
By Jeff John RobertsJune 11, 2026
Fortune Crypto Innovators
CryptoMeet the Fortune Crypto Innovators
By FortuneJune 11, 2026
More CommentaryPage 30 of 100
Ending the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses
CommentaryEnding the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses
By Steve H. Hanke and Caleb HofmannApril 28, 2025
  • Why this ‘basis trade’ moment is so dangerous
    CommentaryWhy this ‘basis trade’ moment is so dangerous
    By Jim EdwardsApril 9, 2025
Asian wealth can bridge the SDG financing gap—but philanthropy needs a strategy shift
CommentaryAsian wealth can bridge the SDG financing gap—but philanthropy needs a strategy shift
By Tristan Ace and Komal SahuApril 27, 2025
What ‘Mar-a-Lago Accord’ proponents—who have Trump’s ear—get wrong about the U.S. dollar
CommentaryWhat ‘Mar-a-Lago Accord’ proponents—who have Trump’s ear—get wrong about the U.S. dollar
By Steve H. Hanke and John A. TatomApril 25, 2025
The SEC needs to take a hands-off approach to peer-to-peer transactions
RegulatorsThe SEC needs to take a hands-off approach to peer-to-peer transactions
By TuongVy LeApril 25, 2025
Southeast Asia doesn’t need fossil fuels to power its data center boom. Renewable energy will get the job done—and more cheaply too
CommentarySoutheast Asia doesn’t need fossil fuels to power its data center boom. Renewable energy will get the job done—and more cheaply too
By Oliver TanApril 24, 2025
Europe must show it’s serious about Ukraine by tightening sanctions on Russia
CommentaryEurope must show it’s serious about Ukraine by tightening sanctions on Russia
By Matthew Boyse and James K. GlassmanApril 23, 2025
  • The pursuit of ‘lean’ operations has left companies mercilessly exposed to the tariffs chaos
    CommentaryThe pursuit of ‘lean’ operations has left companies mercilessly exposed to the tariffs chaos
    By Richard ChambersApril 9, 2025
Taskrabbit CEO: I’m a better gig-economy leader because of the empathy I learned in early jobs
CommentaryTaskrabbit CEO: I’m a better gig-economy leader because of the empathy I learned in early jobs
By Ania SmithApril 22, 2025
Ray Dalio fears ‘something worse than a recession.’ If anything his fears are understated
CommentaryRay Dalio fears ‘something worse than a recession.’ If anything his fears are understated
By Robert HormatsApril 21, 2025
CrowdHealth CEO: Health-care price transparency is worthless without incentives
CommentaryCrowdHealth CEO: Health-care price transparency is worthless without incentives
By Andy SchoonoverApril 18, 2025
The U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics
CommentaryThe U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics
By Steve H. Hanke and Caleb HofmannApril 18, 2025
Genesys CEO: How empathetic AI can scale our humanity during economic uncertainty
CommentaryGenesys CEO: How empathetic AI can scale our humanity during economic uncertainty
By Tony BatesApril 18, 2025
  • Former college and university presidents: Higher education must do better, but politically driven government intervention is not the solution
    CommentaryFormer college and university presidents: Higher education must do better, but politically driven government intervention is not the solution
    By Former college and university presidentsApril 8, 2025
Why federal funding for life sciences—now being slashed—is a strategic necessity for America
CommentaryWhy federal funding for life sciences—now being slashed—is a strategic necessity for America
By Tiffany WilsonApril 17, 2025
Sainsbury’s reports healthy growth despite fears of a supermarket price war
CommentarySainsbury’s reports healthy growth despite fears of a supermarket price war
By Andrew BusbyApril 17, 2025
Here’s the advice I’m giving wealthy clients through tariff fears and market uncertainty
CommentaryHere’s the advice I’m giving wealthy clients through tariff fears and market uncertainty
By Katie NixonApril 16, 2025
Some manufacturing jobs will return to America only if AI-empowered robots do them—and that’s a good thing
CommentarySome manufacturing jobs will return to America only if AI-empowered robots do them—and that’s a good thing
By Tom BiegalaApril 16, 2025
How to restore confidence in the U.S. dollar—and why it’s faltering in the first place
CommentaryHow to restore confidence in the U.S. dollar—and why it’s faltering in the first place
By Steve H. Hanke and Matt SekerkeApril 16, 2025
Why an AI energy crisis may not unfold how you think: IBM sustainability chief
CommentaryWhy an AI energy crisis may not unfold how you think: IBM sustainability chief
By Christina ShimApril 16, 2025
Harvard’s defiance of Trump’s ‘authoritarian incursion’ supported by over 80 past and present college and university presidents
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By Former and current college and university presidentsApril 15, 2025
The real reasons the CEO-worker pay gap spiraled out of control in America—and what to do about it
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By Claudio Fernández-Aráoz and Greg NagelApril 15, 2025
Photo of Sam Altman
CommentaryOpenAI can’t afford to ignore Hollywood’s warning
By Matt SteinbergApril 15, 2025
Capitolis CEO Gil Mandelzis.
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By Gil MandelzisApril 14, 2025
How Snowflake’s cofounder learned to not panic under pressure and avoid making bad decisions
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It’s time to reimagine health-care education
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By Karen Cox and Scott LilesApril 14, 2025
Getting CEO succession planning right: Managing the emotional undercurrents
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China’s EV giants shift gears toward the U.K. as tariff troubles mount in the U.S. and Europe
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By James MorrisApril 12, 2025
USA Brands CEO Joe Van Deman at one his retail stores.
CommentaryUSA Brands CEO: Small businesses want to thrive, not just survive. That’s where the tariffs uncertainty hurts the most 
By Joe Van DemanApril 11, 2025
Don’t move fast and break things—even with AI. Slowing down to speed up works better
CommentaryDon’t move fast and break things—even with AI. Slowing down to speed up works better
By Faisal HoqueApril 10, 2025
AI’s job boom? Not before the bust
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By Nada R. Sanders and Paula CaligiuriApril 9, 2025
GrowthLoop CEO Chris O’Neill.
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By Chris O’NeillApril 9, 2025
Tariffs, AI, and a broken pipeline: The workforce crisis no one’s ready for
CommentaryTariffs, AI, and a broken pipeline: The workforce crisis no one’s ready for
By Caroline CasagrandeApril 9, 2025
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Most Popular
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
Personal Finance
Current price of oil as of June 10, 2026placeholder alt text
By Joseph HostetlerJune 10, 2026
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