NYSE:BNO

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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
U.S. stocks traded lower midway through trading, with the S&P 500 falling around 1% on Friday.
All eyes will be on developments in the Middle East after the U.S. and Israel launched attacks on Iran and the conflict spread to various countries across the region.
@CharlesSchwab's Cooper Howard calls February's jobs report "pretty weak" where it's "hard to find a silver lining." It adds to inflation pressure facing the FOMC due to crude oil's huge price spike t
The crude oil markets continue to see a lot of volatility, as oil has broken above the resistance area that we have been watching for a few days now.
While business inventories caught Kevin Green's eye, he says the February jobs report was what rattled investors in an already volatile trading environment. He points to a loss in healthcare jobs as a
Daan Struyven, global commodities research co-head at Goldman Sachs, discusses risks to oil supplies from the war with Iran and disruption at the Strait of Hormuz. -------- More on Bloomberg Televisio
Could oil prices spike over $200 a barrel if the Middle East conflict continues to escalate? On this episode of the Everybody's Business podcast, Bloomberg Opinion's Javier Blas joins Stacey Vanek Smi
Saudi Arabia led a big ‌increase in OPEC oil output in the month ahead of U.S. and Israeli strikes on Iran, a Reuters survey showed on Friday.

Hassett on Oil Price Pressure, US Jobs Report

10:24am, Friday, 06'th Mar 2026
National Economic Director Kevin Hassett says the White House has no plans to tap the Strategic Petroleum Reserve to bring down oil prices. He says the US nonfarm payrolls report for February, which s
Qatar's energy minister warns the conflict in the Middle East could see Gulf energy exporters shut down production within weeks and send oil to $150 per barrel. CNBC's Steve Sedgwick and Karen Tso dis
President Donald Trump says the administration will take further action to reduce the pressure on oil. He says prices are already stabilizing.
Crude oil surged to a multi-year high above key resistance, reclaiming the 200-week average and triggering bullish patterns, signaling potential continuation of the long-term upward trend.
Oil prices have become a focus since the U.S. started military strikes targeting Iran.
American oil benchmark posts big gain.
Stocks resumed their decline Thursday after a one-day respite as concerns over the Iran war flared up again with U.S. crude topping $80 per barrel.
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