NYSE:BNO

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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Exxon Mobil and Chevron executives may face more questions about their investment opportunities in Venezuela than their actual quarterly earnings when they hold calls with analysts on Friday.
Global markets became increasingly concerned about tensions between the U.S. and Iran.
Oil prices climb toward $65 while natural gas stabilizes near $4 as geopolitical tensions, a weaker dollar, and bullish technical levels fuel energy market momentum.
French oil group Maurel & Prom reported weaker than expected full-year sales on Thursday, weighed down by depressed oil prices.
Saudi Arabia, the world's biggest oil exporter, is expected to set the March price for its flagship Arab Light crude for Asian buyers at a discount for the first time since December 2020 amid ample su
Oil prices are rising from long-term support as supply cuts, Fed policy pause, a weaker dollar, and renewed Venezuelan exports fuel bullish momentum toward the $65–$70 zone.
Oil jumped in as fresh tensions over Iran keep markets on edge, weighing on equities and fueling safe-haven assets to new highs.

Oil Rises Amid Iran Tensions

08:19pm, Wednesday, 28'th Jan 2026
Oil rose in the morning Asian session amid tensions over Iran.
Citi said on Wednesday that oil prices may stay elevated due to rising geopolitical risks, U.S. restrictions on Russian oil purchases and continued Chinese buying, even as markets entered the year exp
U.S. refiner Citgo Petroleum has bought Venezuelan crude oil for the first time since it severed ties with its parent, state-run oil firm Petroleos de Venezuela SA, in early 2019, two sources familiar
Brazil's state-run oil firm Petrobras said on Wednesday it has expanded and renewed oil sales contracts with Indian state-owned oil refiners.
Oil traders remain bullish amid U.S. – Iran tensions.
Venezuela will need massive foreign investment and years of infrastructure rebuilding to lift daily crude oil output from about 800,000 barrels per day to its former peak of roughly three million. Que
A dozen House Democrats on Wednesday sent a letter to 21 companies who attended a Jan. 9 White House meeting about developing Venezuelan oil resources, warning them that any transaction or investment
President Donald Trump ratcheted up pressure on Iran Wednesday, warning that a “massive armada” was headed to the Middle Eastern country and that time was running out for Tehran to reach a nuclear
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