NYSE:BNO

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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
Crude oil consolidates within near-term pivots after a bearish engulfing pattern, with traders watching key support and resistance to determine the next directional move.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau.  Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance
One analyst's top picks are Devon Energy, Diamondback Energy, and Permian Resources.
Oil prices gain ground as traders bet on a long war in the Middle East.

Oil shock lifts BofA outlook on US energy

03:05pm, Tuesday, 17'th Mar 2026
A supply shock rippling through global energy markets is reshaping the outlook for oil prices and US producers, as disruptions at the Strait of Hormuz force a sharp rethink of supply, inventories and
US stocks stall mid-session as oil surge and Iran tensions weigh on sentiment. S&P500 and Nasdaq hold support ahead of Fed rate decision.
Helmerich & Payne, a provider of drilling services, is up 21% year to date.
Oil prices jumped as high as 4% on Tuesday morning before paring gains as uncertainty lingered over a U.S.-led coalition to protect shipping through the Strait of Hormuz. CNBC's Pippa Stevens has the
President Trump had previously said “numerous countries” would help reopen the Strait of Hormuz.
Global oil prices were poised to end above $100 a barrel for a fourth session in a row, as U.S. calls for help to secure the crucial waterway fall on deaf ears and reports that Iran is allowing some c
Energy infrastructure continues to take a hit even as ships move through the Strait of Hormuz, causing crude oil prices to fluctuate. Kevin Green says the futures curve points to the U.S.-Iran War bei
Oil continues to watch the headlines coming out of the war, and therefore we are seeing volatile moves from time to time.
US stocks edged higher on Tuesday as investors looked to extend the previous session's gains, while closely monitoring developments in the escalating Iran conflict and its impact on global energy mark
Chris Verrone, Chief Market Strategist at Strategas, Seana Smith, Senior Investment Strategist at Global X ETFs, and Henrietta Treyz, Co Founder at Veda Partners, say oil, inflation and geopolitics ar
With oil prices swinging wildly, what's it really like to trade today's market? CNBC's Ben Boulos reports.
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