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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.
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
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Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
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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
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By Jeff John RobertsJune 11, 2026
Fortune Crypto Innovators
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By FortuneJune 11, 2026
More CommentaryPage 73 of 100
Carl Icahn
CommentaryCarl Icahn’s activist play plays into the hands of Lina Khan and EU regulators
By Mark S. HerrMay 19, 2023
  • A consumer plays a game in the metaverse.
    CommentaryCompanies need to be socially responsible in the metaverse too
    By François Candelon, Michael G. Jacobides, Lisa Krayer and Winson ChenMay 5, 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
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
How being a professional climber (and amateur mother) taught me that we’re doing conservation wrong
CommentaryHow being a professional climber (and amateur mother) taught me that we’re doing conservation wrong
By Majka BurhardtMay 17, 2023
The A.I. revolution could be under threat as Big Tech attempts to take web data out of the public domain
CommentaryThe A.I. revolution could be under threat as Big Tech attempts to take web data out of the public domain
By Or LenchnerMay 17, 2023
Sanofi CEO: ‘Europe’s lead in life sciences R&D is eroding–but co-localized hubs could allow it to keep up’
CommentarySanofi CEO: ‘Europe’s lead in life sciences R&D is eroding–but co-localized hubs could allow it to keep up’
By Paul HudsonMay 17, 2023
  • Transactional thinking can only take humanity so far. It’s time to revive the ‘covenantal capitalism’ that gave us modern democracy
    CommentaryTransactional thinking can only take humanity so far. It’s time to revive the ‘covenantal capitalism’ that gave us modern democracy
    By Michael EisenbergMay 4, 2023
A femtech company found itself in the middle of the Ukraine invasion. Here’s how sticking by their employees massively paid off–and helped advance science
CommentaryA femtech company found itself in the middle of the Ukraine invasion. Here’s how sticking by their employees massively paid off–and helped advance science
By Ann RobertsMay 16, 2023
America has an overabundance of futurists, but only realists can save our aging built world
CommentaryAmerica has an overabundance of futurists, but only realists can save our aging built world
By Jake LoosararianMay 16, 2023
How to prevent quantum-A.I. hybrids from taking over the world
CommentaryHow to prevent quantum-A.I. hybrids from taking over the world
By Mauritz Kop and Vivek WadhwaMay 16, 2023
Green jobs must be good jobs. America’s investment in the energy transition should restore the pathway to the middle class
CommentaryGreen jobs must be good jobs. America’s investment in the energy transition should restore the pathway to the middle class
By Darren WalkerMay 15, 2023
Qualcomm CEO: ‘A.I. is going to touch every corner of our lives. Here’s how our devices will change to make it happen’
CommentaryQualcomm CEO: ‘A.I. is going to touch every corner of our lives. Here’s how our devices will change to make it happen’
By Cristiano AmonMay 15, 2023
  • Remote work has become a bargaining chip–and that’s problematic
    CommentaryRemote work has become a bargaining chip–and that’s problematic
    By Job van der VoortMay 4, 2023
America has the highest maternal mortality rate among developed nations–and it’s on the rise. Here’s why we are facing a pregnancy health crisis
CommentaryAmerica has the highest maternal mortality rate among developed nations–and it’s on the rise. Here’s why we are facing a pregnancy health crisis
By Asima AhmadMay 14, 2023
Flexible work is feminist–and women won’t return to a system that hasn’t served them well to spare the feelings of powerful men
CommentaryFlexible work is feminist–and women won’t return to a system that hasn’t served them well to spare the feelings of powerful men
By Erin GrauMay 14, 2023
The media is not equipped to handle the return of Donald Trump
CommentaryThe media is not equipped to handle the return of Donald Trump
By Roxane GayMay 13, 2023
A picture of Grimes against a board with "Captain Marvel" logo
CommentaryGrimes and Bitcoin: How crypto and the open-source movement offer lessons for the music industry in the age of A.I.
By Kathleen BreitmanMay 13, 2023
Gen Zers are redefining the values of the luxury market. Status and prestige are out–sustainability and inclusivity are in
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By Sophie MaxwellMay 12, 2023
The real cost of the ‘supermom’ myth. Here’s the toll motherhood takes on your mental health
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By Cara McNulty and Joanne ArmstrongMay 12, 2023
A CEO posted a picture of herself breastfeeding during a video meeting and went viral. Here are the responses she got–and what they tell us about remote work and misogyny
CommentaryA CEO posted a picture of herself breastfeeding during a video meeting and went viral. Here are the responses she got–and what they tell us about remote work and misogyny
By Lisa ConnMay 12, 2023
SEC headquarters in Washington, D.C.
RegulatorsPublic companies obey strict disclosure rules—it’s time for crypto projects to do the same
By William MougayarMay 12, 2023
The lessons of the war on COVID mustn’t be forgotten as the U.S. moves on from the pandemic, researchers warn
CommentaryThe lessons of the war on COVID mustn’t be forgotten as the U.S. moves on from the pandemic, researchers warn
By Kendall HoytMay 11, 2023
A.I. will potentially impact 40% of your working hours, according to Accenture
CommentaryA.I. will potentially impact 40% of your working hours, according to Accenture
By Paul DaughertyMay 11, 2023
Microsoft: ‘Employees are more open to A.I. than you think’
CommentaryMicrosoft: ‘Employees are more open to A.I. than you think’
By Jared SpataroMay 11, 2023
Companies don’t know how to measure their human capital other than as a labor cost–and it’s hurting profits
CommentaryCompanies don’t know how to measure their human capital other than as a labor cost–and it’s hurting profits
By Ulrich Atz and Tensie WhelanMay 10, 2023
Keith Grossman.
NFTs and CultureKeith Grossman brought NFTs to 99-year-old Time magazine—why he’s now all in on Web3
By Anna TutovaMay 9, 2023
America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money
CommentaryAmerica is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money
By Alvaro Vargas LlosaMay 9, 2023
Why there will be no winners in the never-ending war between Disney and DeSantis
CommentaryWhy there will be no winners in the never-ending war between Disney and DeSantis
By Bill GeorgeMay 9, 2023
5 ways resisters may be undermining your DEI program and what to do about it
Commentary5 ways resisters may be undermining your DEI program and what to do about it
By Y-Vonne HutchinsonMay 8, 2023
The next wave of virus detection: A good boy
CommentaryThe next wave of virus detection: A good boy
By Carolyn BarberMay 8, 2023
Why your boss is giving in to the siren call of the return to the office–and giving up on the flexible work gold mine
CommentaryWhy your boss is giving in to the siren call of the return to the office–and giving up on the flexible work gold mine
By Gleb TsipurskyMay 8, 2023
How being too embarrassed to fail led me to build a nine-figure business
CommentaryHow being too embarrassed to fail led me to build a nine-figure business
By Andre SwanstonMay 5, 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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