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$53.94
+1.05 (+1.99%)
At Close: Jun 03, 2026
Saudi Arabia to burn more oil for power this summer as gas output falls
11:04pm, Wednesday, 20'th May 2026
Saudi Arabia is expected to burn more imported fuel oil for power generation this summer following a loss of natural gas supply from oilfields that have been shut after the Iran war curbed its oil
Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns
09:03pm, Wednesday, 20'th May 2026
Oil prices rebounded on Thursday after two days of losses on outstanding supply concerns because of the uncertain outlook for an end to the Iran war and a U.S. inventory draw raised worries about t
Oil Futures Rise on Likely Technical Recovery
08:19pm, Wednesday, 20'th May 2026
Oil futures rose in early Asian trade on a likely technical recovery after the futures posted back-to-back losses overnight.
Wednesday's Final Takeaway's: Crude Oil Prices & Samsung Union
06:00pm, Wednesday, 20'th May 2026
Marley Kayden talks about crude oil prices dropping back below $100 while Sam Vadas touches on Samsung's union announcement holding off on their worker's strike, where they demanded better compensatio
More gasoline price shocks might hit US drivers this summer travel season
05:35pm, Wednesday, 20'th May 2026
As millions of travelers hit the road for the U.S. Memorial Day holiday weekend, high gasoline prices fueled by ongoing supply disruptions from the war with Iran are set to add financial strain for
Metals recover as Iran talks cool oil, Fed minutes cap risk - Kitco PM Report
05:24pm, Wednesday, 20'th May 2026
Spot gold prices are sharply higher and spot silver prices are sharply higher after the close Wednesday, as oil prices fell on U.S.-Iran diplomacy and signs of renewed tanker movement through the Stra
Feds probe suspicious oil trades worth $800M made just before major Iran war news: report
04:18pm, Wednesday, 20'th May 2026
Wall Street regulators are investigating a batch of suspiciously well-timed oil trades worth more than $800 million – amid mounting accusations of insider trading, according to a report.
US draws down record volumes of crude oil from stocks, EIA says
03:14pm, Wednesday, 20'th May 2026
The United States withdrew 17.8 million barrels of crude oil from its inventories, the highest on record, the Energy Information Administration said on Wednesday, as the Iran war has cut glob
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5.5% As Traders Bet On Iran Deal
03:05pm, Wednesday, 20'th May 2026
According to recent reports, President Trump said that U.S. was in the final stages of talks with Iran.
U.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages
12:12pm, Wednesday, 20'th May 2026
Trump told reporters that the administration was in the "final stages" of negotiations with Iran, according to a pool report.
Oil Extends Decline as Traders Weigh Trump's Latest Iran Threats
12:02pm, Wednesday, 20'th May 2026
Oil fell for a second day as traders weighed US President Donald Trump's latest threat to resume strikes on Iran. Paul Sankey, Founder of Sankey Research, discusses the outlook for gasoline prices h
U.S. Crude Oil Stockpiles Post Fourth Straight Weekly Draw
11:43am, Wednesday, 20'th May 2026
Commercial crude oil stocks fell by 7.9 million barrels last week. Analysts expected crude stocks to fall by 3 million barrels.
KG on SPX Testing Key Resistance, Crude Oil Persistence & NVDA Earnings
11:00am, Wednesday, 20'th May 2026
The S&P 500 (SPX) is testing a key area of resistance established over recent weeks, says Kevin Green. Nvidia's (NVDA) earnings will be the catalyst that makes or breaks the trend.
US crude and gasoline inventories fell last week, distillates rose - EIA says
10:37am, Wednesday, 20'th May 2026
U.S. crude and gasoline stockpiles fell last week, while distillate inventories were up, the Energy Information Administration said on Wednesday.
Crude Oil Price Analysis – Oil Continues to Look for Clarity
10:15am, Wednesday, 20'th May 2026
Crude oil continues to see a lot of noisy behavior on Wednesday, as traders are still looking for clarity.
