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Buy BNO
$53.94
+1.05 (+1.99%)
At Close: Jun 03, 2026
OPEC Cuts Oil Demand Forecast As Hormuz Shock Pushes Output Lower
08:53am, Wednesday, 13'th May 2026
It now forecasts global oil-demand growth of 1.17 million barrels a day this year, from 1.38 million previously.
Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"
08:12am, Wednesday, 13'th May 2026
Oil prices could rise further over the summer as rapidly depleting inventories pile more pressure on the market, the IEA said. The energy agency also flagged further demand destruction as a result of
OPEC lowers 2026 global oil demand growth forecast
08:01am, Wednesday, 13'th May 2026
OPEC on Wednesday lowered its forecast for world oil demand growth in 2026, a copy of its monthly oil report showed, joining other forecasters such as the International Energy
Natural Gas and Oil Forecast: WTI Above $101, Brent Holds $106.84 — Can NatGas Push Through $2.85?
05:39am, Wednesday, 13'th May 2026
Oil and Natural Gas settle into technical ranges as the Middle East truce holds. WTI bounces strongly inside its blue channel, Brent finds solid support, and NatGas builds short-term base near $2.85.
Russia's oil output down 460,000 bpd year-on-year in April, IEA says
04:47am, Wednesday, 13'th May 2026
Russia's crude oil production declined by 460,000 barrels per day in April from the same month a year ago to around 8.8 million bpd, the International Energy Agency said on Wednesday, as Ukraine rampe
Oil Prices Fall. The Stock Market Can't Keep Ignoring Strait of Hormuz Chaos.
04:34am, Wednesday, 13'th May 2026
Oil prices slipped early Wednesday as President Donald Trump headed to Beijing for a high-stakes summit with China's Xi Jinping.
Oil Demand to Contract Further as Hormuz Shock Deepens, Recovery Will Take Months
04:07am, Wednesday, 13'th May 2026
The energy watchdog now expects global oil demand to contract by 420,000 barrels a day this year, from its an 80,000-barrel-a-day decline projected previously.
Global oil supply to plunge below demand this year on Iran war, IEA says
04:04am, Wednesday, 13'th May 2026
Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency said in its monthly oil market report on Wednes
Oil prices slip on teetering Iran ceasefire as Trump heads to China
09:00pm, Tuesday, 12'th May 2026
Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments around the fragile ceasefire in the Iran war and U.S. President Donald Trump headed to Chi
Oil Slips on Likely Technical Correction
08:49pm, Tuesday, 12'th May 2026
Oil prices fell in early Asian trade, on a possible technical correction after settling higher on Tuesday.
Is AI power really the new oil? Soon it will trade like just like a commodity.
06:02pm, Tuesday, 12'th May 2026
CME Group plans to launch futures that would let investors bet on the price of computing power.
Crude Oil Price Forecast: Triangle Phase Builds Pressure
05:10pm, Tuesday, 12'th May 2026
Crude oil consolidates within a symmetrical triangle as bullish structure holds, with support strength and resistance tests signaling an approaching breakout-driven directional move.
S&P 500 & NASDAQ Fall as Oil Jumps | Closing Bell
04:54pm, Tuesday, 12'th May 2026
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More
How Active Management Can Dominate the NACHO Trade
04:23pm, Tuesday, 12'th May 2026
Have you heard about the NACHO Trade? Many market watchers are now well acquainted with the almost weekly appearance of the TACO Trade – the Trump Always Chickens Out Trade.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 4% As Traders See No Progress In U.S. – Iran Talks
02:55pm, Tuesday, 12'th May 2026
Oil markets rally as traders bet that the Strait of Hormuz would not be reopened anytime soon.
