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Buy DBO
$22.54
+0.500 (+2.27%)
At Close: Jun 03, 2026
Oil Demand to Contract Further as Hormuz Shock Deepens, Recovery Will Take Months
04:07am, Wednesday, 13'th May 2026
The energy watchdog now expects global oil demand to contract by 420,000 barrels a day this year, from its an 80,000-barrel-a-day decline projected previously.
Global oil supply to plunge below demand this year on Iran war, IEA says
04:04am, Wednesday, 13'th May 2026
Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency said in its monthly oil market report on Wednes
Oil prices slip on teetering Iran ceasefire as Trump heads to China
09:00pm, Tuesday, 12'th May 2026
Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments around the fragile ceasefire in the Iran war and U.S. President Donald Trump headed to Chi
Oil Slips on Likely Technical Correction
08:49pm, Tuesday, 12'th May 2026
Oil prices fell in early Asian trade, on a possible technical correction after settling higher on Tuesday.
Is AI power really the new oil? Soon it will trade like just like a commodity.
06:02pm, Tuesday, 12'th May 2026
CME Group plans to launch futures that would let investors bet on the price of computing power.
This is how much airlines pay to fuel passenger jets as oil tops $100 a barrel — and what it means for ticket prices
05:18pm, Tuesday, 12'th May 2026
The price to fill commercial jetliners has nearly doubled as the Strait of Hormuz remains closed. It costs about $340,000 to fully fuel an Airbus A380, an increase of about 61% from pre-war levels.
Crude Oil Price Forecast: Triangle Phase Builds Pressure
05:10pm, Tuesday, 12'th May 2026
Crude oil consolidates within a symmetrical triangle as bullish structure holds, with support strength and resistance tests signaling an approaching breakout-driven directional move.
S&P 500 & NASDAQ Fall as Oil Jumps | Closing Bell
04:54pm, Tuesday, 12'th May 2026
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More
How Active Management Can Dominate the NACHO Trade
04:23pm, Tuesday, 12'th May 2026
Have you heard about the NACHO Trade? Many market watchers are now well acquainted with the almost weekly appearance of the TACO Trade – the Trump Always Chickens Out Trade.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 4% As Traders See No Progress In U.S. – Iran Talks
02:55pm, Tuesday, 12'th May 2026
Oil markets rally as traders bet that the Strait of Hormuz would not be reopened anytime soon.
Why the oil crisis could become a full-blown catastrophe within a month
01:52pm, Tuesday, 12'th May 2026
Global crude reserves are rapidly depleting, pushing the world toward scarcity.
EIA Sees Prolonged War in Iran Draining Global Oil Stocks Faster Than Expected
01:52pm, Tuesday, 12'th May 2026
The agency said it expects inventories to decline by 2.6 million barrels a day on average in 2026, compared with its previous estimate of a 300,000 barrels a day decrease.
US government's energy arm assumes Strait of Hormuz will stay shut through late May
12:06pm, Tuesday, 12'th May 2026
The U.S. Department of Energy's statistical arm on Tuesday said it assumes that the Strait of Hormuz will be effectively shut through late May and traffic will resume gradually from next month,
Russia revises down oil and gas production and exports forecasts for 2026-2029, document shows
10:04am, Tuesday, 12'th May 2026
Russia has revised down numerous oil and gas forecasts for the next three years, including on crude and gas output as well as exports, the economy ministry said on Monday in its base case scenario.
Crude Oil Price Analysis – Oil Continues to Move Higher on Fears
09:42am, Tuesday, 12'th May 2026
The oil markets continue to move on the latest fear-driven headlines coming out of the Middle East.
