$53.94
+1.05 (+1.99%)
At Close: Jun 03, 2026
Crude Oil Price Analysis – Oil Has Overhead Pressure as Traders Watch Middle East
10:33am, Thursday, 28'th May 2026
Crude oil markets continue to see a lot of chop on Thursday, as we continue to see a massive amount of headline confusion and noise.
US Strikes Iran Targets, Oil Gains With No Accord in Sight
09:37am, Thursday, 28'th May 2026
Renewed US attacks on Iran targets near the Strait of Hormuz threaten a fragile ceasefire. Oil climbed as traders wait for signs of whether the US and Iran can reach a peace deal that would reopen the
‘We have plenty': Here's the real story behind the record drop in America's oil reserves
08:00am, Thursday, 28'th May 2026
Stocks in the nation's Strategic Petroleum Reserve are near their lowest in more than 40 years — but it may not matter
Oil markets are betting on a swift end to the Iran war. Investors may regret it
06:44am, Thursday, 28'th May 2026
Traders are grappling with huge swings in oil prices against a backdrop of conflicting rhetoric from Washington and Tehran. The U.S. and Iran exchanged retaliatory strikes this week, despite oil marke
Hormuz Deal Hangs In Balance As Iran Claims It Retaliated After Fresh U.S. Strikes
06:05am, Thursday, 28'th May 2026
The global oil benchmark Brent Crude futures soared above $98 per barrel early on Thursday after reports of the attacks emerged, after having dropped to $94 a day earlier on hopes of a quick deal to r
Oil prices rise after fresh round of strikes between U.S. and Iran, pushing peace deal into doubt
05:39am, Thursday, 28'th May 2026
West Texas Intermediate and Brent crude's front-month contracts both climbed after the U.S. launched a new set of strikes on an Iranian military site.
Oil Prices Rise After U.S. and Iran Launch Fresh Strikes
05:33am, Thursday, 28'th May 2026
The U.S. launched fresh strikes against Iran while both sides continue to work toward a peace agreement.
Crude jumps after Iranian strike on Kuwait
04:02am, Thursday, 28'th May 2026
Oil prices whipsaw with Brent up almost 3 per cent following an Iranian missile and drone attack on a U.S. air base in Kuwait. The strikes were followed by the U.S. targeting of a ground control stat
Natural Gas and Oil Forecast: Ceasefire Holds in Week 8 — WTI Crashes Below $92, NatGas Eyes $3.00?
03:30am, Thursday, 28'th May 2026
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI plunges below $92 after channel violation, Brent defends $95.01 support, and Natural Gas maintains bul
Asian markets slide as Iran tensions lift oil prices and bond yields
03:28am, Thursday, 28'th May 2026
Share markets across Asia fell on Thursday after reports of fresh US military strikes on Iran and missile attacks linked to Kuwait unsettled investors and weakened optimism surrounding a possible peac
Oil Price Forecast: WTI and Brent Rebound as Iran Risk Revives Supply Fears
02:31am, Thursday, 28'th May 2026
Oil prices rebound as fresh U.S. strikes on Iran revive supply-risk concerns, while falling U.S. inventories and bullish WTI and Brent structures keep the broader trend supported.
Oil Jumps as Gulf Attacks Threaten Ceasefire
02:05am, Thursday, 28'th May 2026
Oil spiked after renewed attacks in the Persian Gulf and a fresh push by the US to hurt Iran with sanctions. The conflict in the Middle East has choked off vital energy flows, with millions of barrels
‘DANGER ZONE': Iran is nearing a point of NO RETURN, ex-energy chief warns
12:30am, Thursday, 28'th May 2026
Former U.S. Energy Secretary Dan Brouillette assesses the economic strain Americans are experiencing under the closure of the Strait of Hormuz on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #n
Three oil, LNG tankers exit Hormuz with transponders off
10:46pm, Wednesday, 27'th May 2026
Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are heading for India and China, shipping data fr
Oil Gains on Possible Technical Correction
08:55pm, Wednesday, 27'th May 2026
Oil gained in early Asian trade on a possible technical correction after settling lower on Wednesday.
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