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$53.94
+1.05 (+1.99%)
At Close: Jun 03, 2026
Strait of Hormuz disruption could push oil market recovery into 2027, Aramco CEO says
11:51am, Monday, 11'th May 2026
Disruption to oil exports via the Strait of Hormuz is threatening to delay the market's return to normal until 2027, Saudi Aramco CEO Amin Nasser warned on Monday.
Crude Oil Price Analysis – Oil Continues to Jump on Headlines
10:39am, Monday, 11'th May 2026
Crude oil jumps but struggles early on Monday as traders continue to move to the latest headlines coming out of the Middle East.
OPEC oil output hits new low in April on Hormuz export disruption, Reuters survey finds
10:02am, Monday, 11'th May 2026
OPEC oil output dropped further in April to the lowest in more than two decades, a Reuters survey found, as the U.S.-Israeli war with Iran effectively closed the Strait of Hormuz and forced export
Aramco Sees Oil Market Losing 100 Million Barrels a Week if Hormuz Remains Closed
09:56am, Monday, 11'th May 2026
Saudi Aramco Chief Executive Amin Nasser added that the market has already lost about 1 billion barrels of oil supply during the crisis.
Oil market won't return to normal this year if Iran conflict isn't solved within weeks, Aramco CEO says
09:24am, Monday, 11'th May 2026
Oil futures for December have gained 47% this year, a sign that traders don't anticipate a quick return to normal.
Oil market will lose around 100 million barrels every week, if Strait of Hormuz remains closed, Aramco CEO says
08:39am, Monday, 11'th May 2026
The oil market will lose around 100 million barrels every week, if the disruptions in the Strait of Hormuz continue at the current rate and it remains closed, the CEO of Saudi oil
Oil markets more resilient than expected as industry enters a 'new normal': Analyst
06:17am, Monday, 11'th May 2026
Carol Nakhle, CEO of Crystol Energy, says that the oil markets are displaying resiliency amid the Middle East conflict - adding that there is no going back to "normal," as a new chapter opens for the
Natural Gas and Oil Forecast: WTI Below $100, Brent at $103, NatGas at $2.79 — More Downside Ahead?
05:49am, Monday, 11'th May 2026
With geopolitical risk premium fading, oil benchmarks turn lower on technical selling. WTI confirms bearish channel breakdown below $100 targeting $93.97, Brent retests $103 support, while Natural Gas
Oil, Treasury Yields Rise as Middle East Tensions Continue, While Stocks Are Mixed
04:17am, Monday, 11'th May 2026
U.S. stock futures were lower after Trump said Iran's response to a U.S. proposal to end the conflict was unacceptable.
U.S. Oil Prices Surge Toward $100. Hormuz Fears as Trump Dismisses Iran Peace Plan.
04:05am, Monday, 11'th May 2026
Oil prices have jumped more than 70% this year and were on the rise again Monday.
Stock Market Today: Oil Climbs as U.S.-Iran Diplomacy Yields Little Progress
03:40am, Monday, 11'th May 2026
Stock futures slip after last week's blistering rally
Oil News: Crude Oil Traders Brace for Volatility as Iran Headlines Drive Outlook
09:37pm, Sunday, 10'th May 2026
Crude oil futures face another volatile week as Iran talks and Strait risks keep traders focused on key WTI and Brent pivot levels.
Oil climbs as Netanyahu warns Iran conflict is ‘not over,' Trump rejects Iranian proposal
07:51pm, Sunday, 10'th May 2026
Oil prices jumped after Israel warned the conflict with Iran was not over. Trump rejected Iran's counterproposal to end the Middle East conflict.
Oil Rises Amid Signs of Ongoing Middle East Tensions
07:42pm, Sunday, 10'th May 2026
Oil rose in early Asian trade amid signs of ongoing Middle East tensions that could sustain supply disruptions.
Two more crude oil tankers exit Strait of Hormuz with trackers switched off, data shows
07:18pm, Sunday, 10'th May 2026
Two more tankers laden with crude exited the Strait of Hormuz last week with trackers switched off to avoid Iranian attacks, Kpler shipping data showed, underscoring a rising trend to sustain Mi
