NYSE:BNO

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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
The oil rally is taking a pause as Israel has not retaliated against Iran yet. Oil prices have surged about 13% through Monday's close since Iran fired 180 ballistic missiles at Israel last week.
Wall Street is gearing up for a firmer start on Tuesday after stocks pulled back sharply in the previous session. The index futures firmed up amid a pullback in the 10-year Treasury note yield and dov
Daan Struyven, oil research head at Goldman Sachs, discusses current geopolitical tensions in the Middle East. "In terms of the significance for crude oil prices, I think that potential damage to the
Junkscience.com editor and publisher Steve Milloy discusses how BP abandoned their plans to cut oil and gas output by 2030 amid investor pressure on ‘The Bottom Line.'
The Strait of Hormuz is widely recognized as a vital oil transit chokepoint. Situated between Iran and Oman, the waterway is a narrow but strategically important channel that links crude producers in
The oil and natural gas markets have surged due to geopolitical uncertainty and market volatility, while the US dollar has hit strong resistance.
Oil edged lower in early Asian trade likely due to profit-taking.
Oil prices edged lower in early Asian trading hours on Tuesday as traders booked profits after prices rallied to their highest in over a month on Monday amid fears that the Middle East could be on the
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. Sign up for the Ec
Oil futures added to last week's heavy gains as traders hedge against the possibility of Israel striking Iranian energy infrastructure in response to last week's missile attack.
Short-covering may have played a significant role in the rally.
The crude oil market continues to rally overall, as the demand for oil, the geopolitical issues, and even yet another hurricane all come into the picture to suggest that supply could be threatened.
The company is expected to divest $10 billion to $15 billion of assets by 2028.
Alan Gelder, VP refining, chemicals and oil markets at Wood Mackenzie, discusses oil supply.

4 ETF Investing Areas That Ruled Last Week

09:01am, Monday, 07'th Oct 2024
Wall Street delivered a muted performance last week due to a host of global tensions.
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