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$53.94
+1.05 (+1.99%)
At Close: Jun 03, 2026
Review & Preview: Oil Retreats
07:55pm, Wednesday, 27'th May 2026
The Dow Jones Industrial Average and the Nasdaq Composite both closed at record highs on Wednesday.
Oil rebounds after US strikes Iran military site
07:34pm, Wednesday, 27'th May 2026
U.S. crude futures rose more than $1 on Thursday to above $90 a barrel after the U.S. military carried out new strikes on an Iranian military site while peace talks between
Rubio visit to India pushes deeper energy ties as Iran conflict rattles global oil markets
05:16pm, Wednesday, 27'th May 2026
Rubio wrapped a four-day India visit pushing American oil and gas exports as the Iran war disrupts global energy markets and New Delhi seeks to diversify its supply chains.
Gold tests $4,450 as stocks hit records, oil drops - Kitco PM Report
05:12pm, Wednesday, 27'th May 2026
Spot gold prices are down and spot silver prices are sharply lower after the close Wednesday, as a sharp drop in crude oil and record U.S. equity closes reduced safe-haven demand tied to the Strait of
Oil Retreats on Hopes for Hormuz Opening
04:21pm, Wednesday, 27'th May 2026
Plus, SpaceX gets scrutiny and JPMorgan eyes deals.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 4.5% As U.S. – Iran Talks Continue
02:53pm, Wednesday, 27'th May 2026
Oil markets are under strong pressure as traders bet that U.S. and Iran will reach a deal.
Oil Prices Fall Sharply As Traders Eye Progress In U.S.-Iran Talks
11:40am, Wednesday, 27'th May 2026
Oil prices fell on Wednesday as traders eyed signs of progress in the latest round of talks between the U.S. and Iran.
Crude Oil Price Analysis – Oil Continues to See Headline Pressures
10:41am, Wednesday, 27'th May 2026
Crude oil drops again early on Wednesday as hope for peace continues in the Middle East, with the latest headlines suggesting that the two sides are at least trying to find an exit.
Oil plunges to $89 per barrel after Iran reports that peace deal would reopen Strait of Hormuz in 1 month
09:38am, Wednesday, 27'th May 2026
Oil prices plunged to $89 a barrel Wednesday following reports that the proposed Iran-US peace deal would see the Strait of Hormuz being reopened in just one month.
Crude Oil Slides Below $90 & MU Leads as U.S.-Iran Fears Wane
09:30am, Wednesday, 27'th May 2026
"Crude oil futures are telling you there's some good news going on" amid the U.S.-Iran War, says Kevin Hincks. A dip below $90 a barrel and speculation that both countries are reaching a peace agreeme
Oil price drops below $95 as Iran state media releases detail of draft peace deal with US - business live
09:00am, Wednesday, 27'th May 2026
Rolling coverage of the latest economic and financial news
U.S. oil falls below $89 on report Iran agreement would restore Hormuz traffic in one month
08:41am, Wednesday, 27'th May 2026
U.S. crude oil prices fell about 6% Wednesday on a report Iran would restore traffic through the Strait of Hormuz as part of a framework deal with the U.S.
Oil Prices Drop After Iran Accuses U.S. of ‘Flagrant' Cease-Fire Violation
05:19am, Wednesday, 27'th May 2026
Investors remained optimistic over Iran peace hopes despite mounting tensions following U.S. strikes in the Strait of Hormuz.
Natural Gas and Oil Forecast: Truce Stability vs Oil Weakness – Will NatGas Lead the Way?
11:56pm, Tuesday, 26'th May 2026
Ceasefire stability allows energy prices to consolidate on fundamentals amid strong US production and healthy storage. WTI faces strong downside pressure below $92, Brent retests channel floor, and Na
Oil pulls back as traders look for progress on US-Iran talks
11:46pm, Tuesday, 26'th May 2026
Oil prices pulled back from recent highs on Wednesday, erasing some of the previous day's 4% gain as traders sought clarity on complex negotiations between Iran and the U.S. after renewed hostil
