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At Close: Jun 03, 2026
US Treasury allows sanctions waiver on Russian seaborne oil to lapse
03:05pm, Saturday, 16'th May 2026
The Trump administration on Saturday allowed a sanctions waiver to lapse that had previously allowed countries including India to buy Russian seaborne oil after a month-long extension aimed at easi
Global oil stockpiles could hit record lows if Strait of Hormuz remains closed
09:25am, Saturday, 16'th May 2026
Oil stockpiles cushioned the blow from the Middle East supply disruption, but inventories are falling at a record clip as the Strait of Hormuz stays closed. UBS expects inventories to approach all-tim
Iraq exported 10 million barrels of oil through Strait of Hormuz in April
03:53am, Saturday, 16'th May 2026
Iraq exported 10 million barrels of oil via the Strait of Hormuz in April, down from about 93 million barrels monthly before the Iran war, the country's new oil minister, Basim Mohammed, s
The Winners and Losers of Oil's New World Order
08:00pm, Friday, 15'th May 2026
Energy expert Jason Bordoff explains the uneven consequences of the war in Iran and the longer term outlook for nations from the U.S. to Russia.
Silver dives below $76, gold tests $4,500 support as Iran risk drives oil, rate fears - Kitco PM Report
05:25pm, Friday, 15'th May 2026
Articles by Kitco NewsWire were generated by Kitco's AI-assisted reporting workflow and reviewed by Kitco News editorial staff, with every claim independently verified before publication.
ENERGY GAMBIT: Trump targets China with MONUMENTAL American oil push
03:15pm, Friday, 15'th May 2026
‘The Big Money Show' panel breaks down President Donald Trump's Beijing summit as China pushes for US energy, Taiwan tensions simmer and Wall Street weighs the risks of rising inflation and soaring
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Says He Is Losing Patience With Iran
03:08pm, Friday, 15'th May 2026
Oil markets gained strong upside momentum ahead of the weekend.
US oil refiners finally profit from biofuels due to mandates, high fuel prices
01:46pm, Friday, 15'th May 2026
U.S. oil refiners are finally reaping profits from renewable fuels, which had squeezed margins for years, but now demand has surged thanks to recent government biofuel mandates and rising diesel pr
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
10:58am, Friday, 15'th May 2026
China and the U.S. have played a big role in easing the impact of the oil supply disruption, according to the International Energy Agency and Wall Street analysts. The U.S. has boosted exports while C
Crude Oil Price Analysis – Oil Continues to See Noisy Trading on Friday
09:53am, Friday, 15'th May 2026
The oil markets continue to see a lot of noise, as the headlines are still unpredictable, and of course have fears of supply being cut off, reeling the markets.
U.A.E.'s Exit Does Not Mean The End Of OPEC
08:20am, Friday, 15'th May 2026
Does the exit of the U.A.E. from OPEC signal a major change in the organization and its impact on oil markets?
Trump discussed sanctioned Chinese oil refiners with Xi, considering lifting bans
07:33am, Friday, 15'th May 2026
President Donald Trump said on Friday he discussed Chinese oil companies that have been sanctioned for buying Iranian oil and will make a decision about whether to lift bans in the n
Oil News: Crude Oil Futures Surge as Trump Warns Iran Over Hormuz
06:51am, Friday, 15'th May 2026
Crude oil futures jump as Trump warns Iran, tightening Strait of Hormuz risks and falling U.S. inventory fuel bullish oil prices outlook.
Capital Economics sees oil at $150 per barrel through 2027 in an extreme case
06:45am, Friday, 15'th May 2026
Capital Economics said that in an extreme scenario where the Iran war escalates, Brent crude prices could rise above $150 a barrel and remain around that level until the end of 2027.
Russian seaborne oil product exports fell in April amid drone attacks, data from industry sources shows
05:53am, Friday, 15'th May 2026
Russia's seaborne oil product exports in April fell 9.8% month-on-month and 17% from a year ago to 7.77 million metric tons, data from industry sources and Reuters calculations showed on Friday,
