NYSE:BNO

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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
Federal Reserve Chair Jerome Powell is due to speak Wednesday on the economy and interest rates for the time since the start of the Iran conflict.
Trump expresses frustration with NATO allies, what happens if Warsh's Fed confirmation is delayed, airlines face higher fuel costs, and more news to start your day.
Traders are hoping the move will show the region may be less reliant on the Strait of Hormuz than initially feared.
Almost everything except for bonds – stocks, interest rates, credit, gold and the U.S. dollar – is having “very normal white swan types of moves.”
Natural Gas and Oil Forecast: Middle East tensions keep WTI near $100 despite US inventory builds. Will the Strait of Hormuz crisis spark a major supply shock?
Airline companies across Europe, including International Consolidated Airlines Group SA (LSE:IAG) and easyJet PLC (LSE:EZJ) in London, flew higher on Wednesday morning as investors continued to re
Crude oil dips on Iraqi supply return and rising inventory, but war tensions keep oil outlook bullish as traders watch if dip buyers defend key levels.

Oil Prices Drop as Iraq Signs Pipeline Export Deal

04:50am, Wednesday, 18'th Mar 2026
Oil dipped as Iraq signed a deal to resume exports via Turkey that avoids the Strait of Hormuz, and as the US stepped up efforts to force the reopening of the key waterway. Iraq agreed with Kurdist
Not all oil from the Middle East has to flow through the crucial shipping corridor of the Strait of Hormuz.
Stock futures point to third day of gains ahead of interest-rate decision at 2 p.m. ET
Oil fell as rising U.S. crude inventories offset fresh supply fears. UAE attacks deepened disruption risks near the Strait of Hormuz.
Oil prices slightly fell on Wednesday morning after sources citing American Petroleum Institute figures showed an ​increase in U.S. crude inventories.
Brent oil prices were likely to stay elevated around $100 per barrel through mid-2026, OCBC said.
Carley Garner outlines her case that the bull run in crude oil will end in April. In the meantime, she warns investors to stay nimble on which equities and other commodities crude oil prices will move
Recessions are typically led by high oil prices, says Erin Gibbs, explaining that it will only make the Fed's job harder into Wednesday's interest rate decision. She talks about how the volatility aro
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