NYSE:BNO

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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
On the Big Take podcast, Stacey Vanek Smith and Javier Blas discuss why the global economy is so sensitive to oil price spikes — and how long the impact of even a brief spike can last. -------- More
The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
Afsaneh Mashayekhi Beschloss, Founder and CEO of RockCreek Group, says war driven energy shocks could raise inflation and volatility, warning disruptions in oil, LNG and fertilizer markets may ripple
Demand is projected to rise by 1.34 million barrels a day next year, slightly below 2026's estimated 1.38 million, supported by a solid global economy.
The IEA is considering releasing oil barrels from reserves with brent over $90, though mixed messages from US officials were met with market volatility. -------- More on Bloomberg Television and Marke
The International Energy Agency is proposing a release of emergency oil reserves that would be the largest in its history, with a decision possible later on Wednesday, according to a person familiar
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, says the Iran war is already impacting the entire global energy supply chain and it will take months to unwind the damage. He warns "kee

Citi bets that the worst of the oil shock is over

09:31am, Wednesday, 11'th Mar 2026
Financial market strategists at Citi think the worst of the oil price shock may be over, and they are putting money to work on that view for the second time in a week. In a note pondering if it was "t
U.S. Interior Secretary Doug Burgum said the International Energy Agency should release oil reserves to address the disruption caused by the Iran war. Burgum's comments come as the IEA has proposed to
Germany will release part of its oil reserves after ​the International Energy Agency (IEA) recommended the ‌release of 400 million barrels of oil from stockpiles, the largest such move in IEA ​h
Iraq has asked the Kurdistan Regional Government (KRG) if it would pump at least 100,000 barrels of crude per ​day from its state-managed Kirkuk oilfields to Turkey's Ceyhan port, ‌two oil officia
Where the S&P 500 goes next is clearly hinging on oil prices and the Strait of Hormuz. Here's a fresh line in the sand.
Oil futures rose on Wednesday as traders awaited what could be a historic release of emergency government reserves to counter the disruption to supplies from the attack on Iran.
WTI rebounds 2% to $86 as Hormuz tensions slash 6M bpd supply. Can oil break $88 while Brent tests $90 and natural gas holds $3.02 support?
The International Energy Agency ​is set ‌to announce its recommendation at ​1300 GMT ​on releasing oil ⁠from strategic ​reserves, two sources ​with knowledge of IEA discussions said ​o
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