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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

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Current price of oil as of June 10, 2026
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Ideas and insights on pressing issues facing the business world.
gordon
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
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
By Leonard LimJune 10, 2026
250
America turns 250. Its greatest innovation was never a product — it was a system that let anyone build one
By Keith KrachJune 7, 2026
tim
Merlin CTO: autonomy can rebuild the foundation of aviation — and national security
By Tim BurnsJune 9, 2026
dewar
I founded McKinsey’s CEO practice: Here’s why operational excellence is a liability right now
By Carolyn DewarJune 9, 2026
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 72 of 100
The debt ceiling deal has reduced access to supplemental food plans. Here’s why that’s a false economy
CommentaryThe debt ceiling deal has reduced access to supplemental food plans. Here’s why that’s a false economy
By Ashley TyrnerJune 2, 2023
  • Carl Icahn
    CommentaryCarl Icahn’s activist play plays into the hands of Lina Khan and EU regulators
    By Mark S. HerrMay 19, 2023
You should lower your expectations for Apple’s magic headset
TechYou should lower your expectations for Apple’s magic headset
By Dave SmithJune 2, 2023
The mental health crisis is decimating America’s workforce–but we only have enough therapists for 7% of the population
CommentaryThe mental health crisis is decimating America’s workforce–but we only have enough therapists for 7% of the population
By Ariela SafiraJune 2, 2023
The Hybrit fossil-free steel plant in Lulea, Sweden
CommentaryWhat your company needs to build a winning ‘Deep Tech’ strategy
By François Candelon, Max Männig, John Paschkewitz and Vinit PatelJune 2, 2023
How the A.I. revolution is liberating workers from the return to the office
CommentaryHow the A.I. revolution is liberating workers from the return to the office
By Gleb TsipurskyJune 1, 2023
E-bike injuries: ‘We’re only seeing the tip of the iceberg,’ trauma experts warn
CommentaryE-bike injuries: ‘We’re only seeing the tip of the iceberg,’ trauma experts warn
By Carolyn BarberJune 1, 2023
  • Inflation might be subsiding–but a proposed ‘can tax’ could mean higher grocery prices for American consumers
    CommentaryInflation might be subsiding–but a proposed ‘can tax’ could mean higher grocery prices for American consumers
    By David ChavernMay 18, 2023
I got rich in Russia and got out in time, twice. Here’s what I learned about democracy and free markets
CommentaryI got rich in Russia and got out in time, twice. Here’s what I learned about democracy and free markets
By John KleinheinzMay 31, 2023
Corporations still have to perform China’s dance–but not if the music stops
CommentaryCorporations still have to perform China’s dance–but not if the music stops
By Jeffrey Sonnenfeld, Kyle Bass and Steven TianMay 30, 2023
Office workers walking down stairs outside
CommentaryThe return-to-office wars could end in a stalemate as we all reach the same conclusion about what the flexible future of work means
By Terri R. Kurtzberg and Mason AmeriMay 30, 2023
Most family businesses don’t look like ‘Succession.’ Here’s what America’s enterprising families bring to the table
CommentaryMost family businesses don’t look like ‘Succession.’ Here’s what America’s enterprising families bring to the table
By Andy UnanueMay 29, 2023
U.S. employers have gone from opposing international labor standards to hiding behind them. Now a complaint is trying to stop U.S.-style union busting from taking over the world
CommentaryU.S. employers have gone from opposing international labor standards to hiding behind them. Now a complaint is trying to stop U.S.-style union busting from taking over the world
By Christy HoffmanMay 29, 2023
  • America had the debate about paying its debt after the Revolution and the Civil War. Here’s why we reached the same conclusion twice
    CommentaryAmerica had the debate about paying its debt after the Revolution and the Civil War. Here’s why we reached the same conclusion twice
    By Robert HormatsMay 18, 2023
Nearly 3 in 5 U.S. adults are lonely–and it could be one of the biggest under-the-radar issues the economy is facing
CommentaryNearly 3 in 5 U.S. adults are lonely–and it could be one of the biggest under-the-radar issues the economy is facing
By Cindy JordanMay 26, 2023
90% of laid-off H-1B visa holders were able to find new work against all odds. Here’s what the data tells us about America’s complicated relationship with foreign-born talent
Commentary90% of laid-off H-1B visa holders were able to find new work against all odds. Here’s what the data tells us about America’s complicated relationship with foreign-born talent
By Ben ZweigMay 26, 2023
From Hollywood writers to delivery drivers, workers are fed up with the gradual devaluation of their professions
CommentaryFrom Hollywood writers to delivery drivers, workers are fed up with the gradual devaluation of their professions
By Andy LevinMay 26, 2023
Microsoft’s $69 billion Activision Blizzard deal is an expensive slog and distraction—and CEO Satya Nadella knows he’d be nuts to walk away
CommentaryMicrosoft’s $69 billion Activision Blizzard deal is an expensive slog and distraction—and CEO Satya Nadella knows he’d be nuts to walk away
By Matt WeinbergerMay 25, 2023
Why the underestimated economic burden of rare diseases could be costing the U.S. trillions of dollars
CommentaryWhy the underestimated economic burden of rare diseases could be costing the U.S. trillions of dollars
By Giacomo ChiesiMay 25, 2023
Tech giants have gutted publishing. Now digital fatigue is giving print a new lease on life
CommentaryTech giants have gutted publishing. Now digital fatigue is giving print a new lease on life
By David MillerMay 25, 2023
Glassdoor’s chief economist: ‘Pay transparency rules are solving age-old workplace problems–but the gap in employee experience should alarm us’
CommentaryGlassdoor’s chief economist: ‘Pay transparency rules are solving age-old workplace problems–but the gap in employee experience should alarm us’
By Aaron TerrazasMay 25, 2023
Chuck Schumer and Kevin McCarthy.
CommentaryWant to solve the debt ceiling crisis? Let Congress actually vote
By Katherine M. GehlMay 24, 2023
History has not ended–but the way we view risk has irreversibly changed
CommentaryHistory has not ended–but the way we view risk has irreversibly changed
By Martin Dempsey and Charles BralverMay 24, 2023
I worked for Henry Kissinger when America first engaged China in the 1970s. Here’s why I think the two countries still have a chance to mend their ties
CommentaryI worked for Henry Kissinger when America first engaged China in the 1970s. Here’s why I think the two countries still have a chance to mend their ties
By Robert HormatsMay 24, 2023
Plastics are in our air, food, and water. A reckoning is coming–and smart businesses can see it
CommentaryPlastics are in our air, food, and water. A reckoning is coming–and smart businesses can see it
By Paul PolmanMay 24, 2023
Silicon Valley is knowingly violating ethical A.I. principles. Society can’t respond if we let disagreements poison the debate
CommentarySilicon Valley is knowingly violating ethical A.I. principles. Society can’t respond if we let disagreements poison the debate
By Wendell WallachMay 23, 2023
Voters don’t understand what ESG means in practice. Here’s why killing the term might be the only way to save it
CommentaryVoters don’t understand what ESG means in practice. Here’s why killing the term might be the only way to save it
By Lindsay SingletonMay 23, 2023
I have spent my life speaking up for those whose voices go unheard. Here’s why I worry that the promise of quantum computing will be withheld from the people who need it the most
CommentaryI have spent my life speaking up for those whose voices go unheard. Here’s why I worry that the promise of quantum computing will be withheld from the people who need it the most
By Faye WattletonMay 22, 2023
Hate incidents are creating a burnout crisis among Asian and Asian American professionals, new research reveals. Here’s what we need to do next
CommentaryHate incidents are creating a burnout crisis among Asian and Asian American professionals, new research reveals. Here’s what we need to do next
By Lanaya Irvin and Manjusha KulkarniMay 22, 2023
Agita. Do you feel it too? It’s the relentless pounding on our senses that leaves us feeling uncertain and uneasy
CommentaryAgita. Do you feel it too? It’s the relentless pounding on our senses that leaves us feeling uncertain and uneasy
By Richard TorrenzanoMay 22, 2023
Hedge funds want to control your local news–but democracy is getting in the way
CommentaryHedge funds want to control your local news–but democracy is getting in the way
By Chris SheltonMay 19, 2023
How I sailed away from the college-at-all-costs track—and found my dream career
CommentaryHow I sailed away from the college-at-all-costs track—and found my dream career
By Maddie GillissieMay 19, 2023
Layoffs are hitting HR and DEI teams at a disproportionately high rate. Here’s why companies need generalists to thrive
CommentaryLayoffs are hitting HR and DEI teams at a disproportionately high rate. Here’s why companies need generalists to thrive
By Anna GullstrandMay 19, 2023
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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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