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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
Oil Prices Move First; Headlines Come Later
02:14pm, Friday, 17'th Apr 2026
Oil is surging but this isn't just about prices at the pump. It's about a bigger macro shift.
Iran Declares Strait of Hormuz ‘Completely Open'—And Oil Prices Drop
01:30pm, Friday, 17'th Apr 2026
Oil prices plummeted to their lowest level in more than a month on Friday after Iran declared the Strait of Hormuz "completely open" for the duration of a 10-day ceasefire between Israel and Lebanon.
Airline stocks jump as oil eases, Strait of Hormuz reopening boosts sentiment
11:13am, Friday, 17'th Apr 2026
Airline stocks rallied on Friday after oil prices eased following Iran's announcement that the Strait of Hormuz would remain open. Earlier this week, Iran's foreign minister said the Strait of Hormuz
Hormuz blockade: day 47 and the oil still isn't moving
10:55am, Friday, 17'th Apr 2026
Six weeks into Iran's blockade of the Strait of Hormuz and the numbers tell a stark story. Where nearly 50 oil and gas tankers were passing through the strait on an average day in February, that figur
Crude Oil Price Analysis – Crude Oil Drops to Support on Friday
10:32am, Friday, 17'th Apr 2026
Crude oil drops on signs of optimism in the Middle East. That being said, we will still be waiting for an actual peace deal.
ETFs to Play Amid Hopes of Middle East De-escalation
10:11am, Friday, 17'th Apr 2026
Middle East truce hopes drag oil lower, lifting refiners, airlines, retail & India ETFs -- but fragile peace keeps risks alive.
Reopened Strait of Hormuz and falling oil prices may recast Fed's options for future cuts
10:08am, Friday, 17'th Apr 2026
Reopened Middle East shipping and plummeting oil prices on Friday boosted bets the U.S. Federal Reserve may begin cutting interest rates as soon as December, but officials still face a tangled o
Trillion Energy plans C$2M private placement to fund Türkiye oil project
09:47am, Friday, 17'th Apr 2026
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) said on Friday it plans to raise up to C$2 million through a non-brokered private placement to fund near-term obligations tied to it
Indian refiner Reliance rejects Iran oil cargoes as waiver deadline looms
09:32am, Friday, 17'th Apr 2026
Reliance Industries has rejected two Iranian oil cargoes as they failed to meet its compliance requirements, the Indian refiner said on Friday, just days before the expiry of a U.S. waiver that has
House Dem Sam Liccardo probes suspicious oil trades during Iran war
09:30am, Friday, 17'th Apr 2026
Rep. Sam Liccardo, D-Calif., is asking whether the nation's top financial regulators are examining a number of trades placed moments before President Donald Trump provided a major update on the Iran w
European oil majors outshine US rivals with Iran war trading bonanza
09:00am, Friday, 17'th Apr 2026
The trading desks of Europe's top three oil majors have reaped billions of dollars from the energy supply crunch caused by the Iran war, eclipsing their more cautious U.S. rivals and helping offset
Hungary's Magyar: oil flows via Druzhba pipeline could resume next week
08:56am, Friday, 17'th Apr 2026
Hungary's election winner Peter Magyar said on Friday that Russian oil flows along the Druzhba pipeline via Ukraine could resume next week.
Angola in talks for AfDB budget support, but oil shields worst of war fallout
07:08am, Friday, 17'th Apr 2026
Angola is seeking a budget support loan from the African Development Bank, its finance minister told Reuters, as the government pushes ahead to shield vulnerable citizens from the Middle East wa
Indian oil refiners lining up oil cargoes to meet local demand, official says
06:11am, Friday, 17'th Apr 2026
Indian oil refiners are doing their best to line-up oil cargoes to meet local demand, an Indian government official said on Friday, after the United States decided not to extend a
Oil prices dropping after Trump says Iran war should end ‘pretty soon'
06:06am, Friday, 17'th Apr 2026
West Texas Intermediate and Brent crude fell after U.S. President Donald Trump said it's looking ‘very good' that a truce will be made
