$22.54
+0.500 (+2.27%)
At Close: Jun 03, 2026
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Says He Is Losing Patience With Iran
03:08pm, Friday, 15'th May 2026
Oil markets gained strong upside momentum ahead of the weekend.
US oil refiners finally profit from biofuels due to mandates, high fuel prices
01:46pm, Friday, 15'th May 2026
U.S. oil refiners are finally reaping profits from renewable fuels, which had squeezed margins for years, but now demand has surged thanks to recent government biofuel mandates and rising diesel pr
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
10:58am, Friday, 15'th May 2026
China and the U.S. have played a big role in easing the impact of the oil supply disruption, according to the International Energy Agency and Wall Street analysts. The U.S. has boosted exports while C
Crude Oil Price Analysis – Oil Continues to See Noisy Trading on Friday
09:53am, Friday, 15'th May 2026
The oil markets continue to see a lot of noise, as the headlines are still unpredictable, and of course have fears of supply being cut off, reeling the markets.
U.A.E.'s Exit Does Not Mean The End Of OPEC
08:20am, Friday, 15'th May 2026
Does the exit of the U.A.E. from OPEC signal a major change in the organization and its impact on oil markets?
Trump discussed sanctioned Chinese oil refiners with Xi, considering lifting bans
07:33am, Friday, 15'th May 2026
President Donald Trump said on Friday he discussed Chinese oil companies that have been sanctioned for buying Iranian oil and will make a decision about whether to lift bans in the n
Oil News: Crude Oil Futures Surge as Trump Warns Iran Over Hormuz
06:51am, Friday, 15'th May 2026
Crude oil futures jump as Trump warns Iran, tightening Strait of Hormuz risks and falling U.S. inventory fuel bullish oil prices outlook.
Capital Economics sees oil at $150 per barrel through 2027 in an extreme case
06:45am, Friday, 15'th May 2026
Capital Economics said that in an extreme scenario where the Iran war escalates, Brent crude prices could rise above $150 a barrel and remain around that level until the end of 2027.
Russian seaborne oil product exports fell in April amid drone attacks, data from industry sources shows
05:53am, Friday, 15'th May 2026
Russia's seaborne oil product exports in April fell 9.8% month-on-month and 17% from a year ago to 7.77 million metric tons, data from industry sources and Reuters calculations showed on Friday,
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
05:19am, Friday, 15'th May 2026
The West-East pipeline, which will double ADNOC's export capacity through Fujairah, is expected to be operational in 2027. Global energy supplies are under pressure amid the Iran war, and flows throug
Oil Prices Surge to End Bad Week After U.S.-China Summit Fails to Reopen Hormuz
04:56am, Friday, 15'th May 2026
Both countries agreed that the Strait of Hormuz must remain open, according to a White House statement.
Natural Gas and Oil Forecast: WTI Pulls Back to $98.75 as Brent Stays Resilient — NatGas Eyes Breakout?
04:01am, Friday, 15'th May 2026
With geopolitical risk premium largely removed, oil and natural gas trade on supply-demand dynamics. WTI retreats to channel support at $98.75, Brent defends $107 with higher lows intact, and Natural
UAE to accelerate oil pipeline project to help bypass Hormuz
03:48am, Friday, 15'th May 2026
The United Arab Emirates will accelerate construction of a new oil pipeline to double its export capacity through Fujairah by 2027, the government's Abu Dhabi Media Office said on Friday, vastly ex
Oil prices jumps after Trump says China agreed to buy U.S. crude following Xi talks
10:45pm, Thursday, 14'th May 2026
Oil prices rose after Trump said China agreed to buy U.S. crude. Beijing had not confirmed the purchases or responded to CNBC requests.
The World Is Burning Through Its Oil Safety Net
10:00pm, Thursday, 14'th May 2026
Global oil inventories have fallen at a record pace during the Iran war, and oil executives and analysts predict a reckoning within weeks if the Strait of Hormuz remains shut.
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