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At Close: Jun 05, 2026

Oil Slips Amid Prospects of U.S.-Iran Talks

08:22pm, Wednesday, 04'th Feb 2026
Oil slipped in the morning Asian session. Discussions regarding the coming U.S.-Iran negotiations have eased the immediate risk premium, said Citi Research.

US oil prices fall ahead of US-Iran talks

07:06pm, Wednesday, 04'th Feb 2026
U.S. West Texas Intermediate crude prices fell on Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday, despite differences about the agenda, amid heightened tensions as the U.S. bu
For nearly 20 years, energy names underperformed technology as capital chased scalability, innovation and margins. The tables are now turning.
Oil markets moved higher as geopolitical risk premium increased.
President Trump has threatened to launch military strikes on Iran if the Islamic Republic doesn't agree to a deal on its nuclear program.
Commercial crude oil stocks fell by 3.5 million barrels and were about 4% below the five-year average for the time of year, said the Energy Information Administration.
In a social media post, Trump said the call included discussions about his planned trip to China in April.
The American Petroleum Institute CEO Mike Sommers discusses plans to drill Venezuelan oil and Texas' new gas power project on 'Varney & Co.' #foxbusiness #varneyandco
Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology, regulatory reforms, and the need to restock spur a hunt for the next B
Mexico's state-owned oil firm Pemex on Wednesday said that it currently has one contract in force with Cuba, which has been in place since 2023, the company's CEO Victor Rodriguez Padilla said during
As oversupply fears meet geopolitical tensions, crude oil trades quietly within its latest $5 range. Learn why patience matters for traders awaiting a breakout.
Market leadership is shifting from abundant, easily scaled software businesses to hard assets and scarcity-driven sectors like energy, infrastructure, and industrials. I favor energy stocks—both ups
WTI holds steady as Middle East tensions and a sharp API draw support crude oil prices, lifting the oil outlook while traders watch key trend and inventory analysis.
Trump announced that a trade deal had been reached with India, claiming that New Delhi would stop buying Russian oil as part of the agreement. India has not commented on that, and Russia said it has
Russia faces a steep drop in oil income if U.S. President Donald Trump successfully pressures India to stop importing Russian crude, because losing its top purchaser of seaborne exports would force Mo
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