NYSE:BNO

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$51.20
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At Close: Jun 05, 2026
Brent crude prices hit the highest level since January after IDF strikes on Iran prompts fears of retaliation that could impact global energy supplies.
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.

How the Israel-Iran War Could Play Out for Oil

11:55am, Friday, 13'th Jun 2025
Analysts say oil prices could surge to more than $100, and perhaps as high as $120, if the conflict grows substantially.

Oil Price Rally May Have Already Peaked

11:44am, Friday, 13'th Jun 2025
Oil prices will likely continue to move away from recent highs unless Iran's oil production is hit.
Jeremy Siegel, Wharton professor, joins 'Money Movers' to discuss markets, the geopolitical tension and U.S. energy independence.
Paul Sankey, Sankey Research president and lead analyst, joins 'Squawk on the Street' to discuss what the Iran-Israel conflict will mean for energy markets.
Israel launched strikes on Iran overnight targeting nuclear facilities and military leaders, causing damage in Tehran but no reported radiation leaks. Morning Brief host Brad Smith breaks down the US

Energy prices surge on Middle East risks

10:39am, Friday, 13'th Jun 2025
CNBC's Pippa Stevens reports on the latest regarding oil prices.
The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following Israel's attack on Iran, drawing criticism from rival OPEC which said the
The crude oil markets have been very bullish on Friday, after the Israeli military had airstrikes on Iran. At this point, the oil market has slammed into a lot of resistance, and it is likely that we
Joe Brusuelas says sharp jumps in crude oil could cause ripple effects across the entire U.S. economy expecting "higher inflation, higher gasoline, lower growth." Later, Joe discusses his firm's U.S.
Contracts tied to the Dow fell 453 points, or 1%. S&P futures dropped 57 points, or 0.95%, while Nasdaq futures declined 273 points, or 1.23%.
Geopolitical oil news lifts energy and defense shares. Nasdaq 100 and S&P500 futures fall as travel and tech stocks face pressure before market open.
CNBC's Brian Sullivan joins 'Squawk Box' to discuss rising oil prices and what to expect going forward.
Crude oil surges in the biggest shock since 2020. Traders pivot fast as energy stocks, tankers, and LNG plays emerge as top winners.
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