Why is oil still so expensive?

More oil is getting out of the Middle East. Why is it still so expensive?

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Regional oil exports are finally climbing again. Yet it may not be enough to bring crude and gasoline prices down to pre-war levels.

Sept. 29, 2026, 5:14 PM EDT

By Rob Wile

Oil is starting to flow out of the Middle East again. Consumers and businesses expecting major price relief on gas and diesel, however, will have to keep waiting.

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More oil is getting out of the Middle East. Why is it still so expensive?

For Subscribers

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

FOR SUBSCRIBERSCornell rape allegation spotlights stringent New York state laws that have long drawn criticism

FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts

FOR SUBSCRIBERSDecades-old march dispute reignites in Northern Ireland, threatening political crisis

FOR SUBSCRIBERSThe complicated bargain between ‘looksmaxxing’ influencer Clavicular and the women in his orbit

FOR SUBSCRIBERSSenators unveil bipartisan bill to deliver essential newborn supply kits to new moms

FOR SUBSCRIBERSAI agents promise to run your errands. Websites are fighting back.

FOR SUBSCRIBERSDemocrats face a staggering spending disadvantage in Georgia’s tight race for governor

FOR SUBSCRIBERSObama boosts Senate Democrats with October fundraiser

FOR SUBSCRIBERSTheir owner is suspended, their draft picks taken. The Clippers still believe they can win.

For Subscribers

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

FOR SUBSCRIBERSCornell rape allegation spotlights stringent New York state laws that have long drawn criticism

FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts

FOR SUBSCRIBERSDecades-old march dispute reignites in Northern Ireland, threatening political crisis

FOR SUBSCRIBERSThe complicated bargain between ‘looksmaxxing’ influencer Clavicular and the women in his orbit

FOR SUBSCRIBERSSenators unveil bipartisan bill to deliver essential newborn supply kits to new moms

FOR SUBSCRIBERSAI agents promise to run your errands. Websites are fighting back.

FOR SUBSCRIBERSDemocrats face a staggering spending disadvantage in Georgia’s tight race for governor

FOR SUBSCRIBERSObama boosts Senate Democrats with October fundraiser

FOR SUBSCRIBERSTheir owner is suspended, their draft picks taken. The Clippers still believe they can win.

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