NYSE:BNO

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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
Oil futures rose in early trade amid increased concerns over supply disruptions spurred by President Trump's remarks over the weekend.
Oil prices are rising again after Trump threatened Iran over the closure of the Strait of Hormuz. Brent crude rose to almost $110 at market open.
Oil prices opened higher on ​Monday after the Easter ‌holiday weekend as the U.S.-Israeli war with ​Iran continues to ​disrupt global oil supply.
President Donald Trump warned Sunday in an expletive-filled social media post that Iran would be "living in Hell" if they do not open the Strait
The war has effectively shut the Strait of Hormuz since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates, Kuwait and Iraq.
Escalating U.S.-Iran tensions threaten the Strait of Hormuz, raising geopolitical risk and oil price volatility. OPEC+ plans a modest 206K bpd production increase in May, despite ongoing disruptions t

OPEC+ Plans Symbolic Oil Quota Hike for May

09:56am, Sunday, 05'th Apr 2026
Bloomberg News Equities Reporter Natalia Kniazhevich joins Joe Mathieu and Christina Ruffini on Bloomberg This Weekend to discuss the latest impact the war in Iran is having on the energy markets. Wat

Wall Street Week Ahead

06:42am, Sunday, 05'th Apr 2026
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.
OPEC+ may approve an oil output increase on Sunday, four sources from the group said, a rise that will largely exist on paper as its key members are unable to raise production due ​to the U.S.-Israe
U.S. drivers face $8.4 billion in extra fuel costs since the Iran War began. Gas hits $4.10/gal as costs rise by $240 million daily.
The oil market will remain one of the most important markets to follow and watch for clues about risk appetite.
President Donald Trump said the U.S. could “easily” reopen the Strait of Hormuz “with a little more time,” suggesting it could “take the oil” and “make a fortune,” though he didn't ela
Everyone quotes "be greedy when others are fearful," but few have the stomach for it when war risks and oil spikes actually arrive. While rising rates hurt book value, they allow AGNC to reinvest in h
US stocks ended mixed as oil surged on Iran tensions, while easing fears helped indices recover. Traders now watch geopolitics and market outlook.
WTI Crude clears $112 as geopolitical risks in the Strait of Hormuz threaten 20% of global supply. Will the upcoming NFP report drive prices toward $119.30?
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