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$37.88
+0.84 (+2.27%)
At Close: Jun 03, 2026
Singapore's oil product stocks hit over nine-month lows as US-Iran war cuts supply
06:27am, Thursday, 07'th May 2026
Oil product stocks in Asia's oil hub Singapore hit their lowest in more than nine months after the U.S.-Iran war curtailed Middle East crude and fuel exports, official data showed on Thursday.
Natural Gas and Oil Forecast: Ceasefire Holds — But WTI Crashes Below $96, Next Stop $91?
05:40am, Thursday, 07'th May 2026
With geopolitical risk fading, oil benchmarks turn lower on profit-taking and technical breakdowns. WTI confirms bearish channel break, Brent tests lower support, while NatGas faces continued pressure
Oil Edges Lower as Investors Remain Cautious Ahead of Iran Response
04:48am, Thursday, 07'th May 2026
Stocks gained as investors awaited Iran's response to a U.S. memo that would declare an end to the conflict and gradually reopen the Hormuz Strait.
Oil Prices Drop Further. What Comes Next in U.S.-Iran Peace Talks.
04:08am, Thursday, 07'th May 2026
Brent crude and WTI futures were falling early Thursday amid positive noises about a U.S.-Iran peace deal.
Oil Prices Recover as Tight Supply Offsets Middle East Peace Optimism
12:54am, Thursday, 07'th May 2026
Oil prices recovered after Wednesday's sharp drop as traders remained cautious about the Middle East peace outlook, while tight supply and falling U.S. inventories kept Brent and WTI supported.
Oil rises as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks
08:58pm, Wednesday, 06'th May 2026
Investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S. President Donald Trump said Wednesday Iran will be bombed "at a
Oil Futures Rise on Likely Technical Recovery
08:17pm, Wednesday, 06'th May 2026
Oil futures rose in early Asian trade on a likely technical recovery after dropping overnight.
US oil prices rebound as investors assess prospects for a Middle East peace deal
06:41pm, Wednesday, 06'th May 2026
U.S. crude futures rose about $1 in early trade on Thursday, rebounding from the previous day's losses, as investors assessed prospects for a Middle East peace deal.
Traders point to suspicious activity in the oil market on Wednesday
06:36pm, Wednesday, 06'th May 2026
Oil contracts worth $1.7 billion changed hands in the hour before an Axios report sent oil prices lower Wednesday. Some experts are calling the spike in activity suspicious.
Gold jumps above $4,690 as oil tumbles, Wall Street closes at fresh records - Kitco PM Report
05:27pm, Wednesday, 06'th May 2026
Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed g
$100 Oil Could Be Here to Stay, Whatever Happens With the Peace Deal
03:48pm, Wednesday, 06'th May 2026
A return to normal operations in the Middle East could take months.
Oil supply shock to worsen as inventories fall further even if conflict ends
03:03pm, Wednesday, 06'th May 2026
Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will take weeks for oil shipments to resume from the Middle East Gul
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 8% As U.S. And Iran Evaluate A Potential Deal
02:44pm, Wednesday, 06'th May 2026
Recent reports indicate that U.S. – Iran negotiations may restart next week in Islamabad.
Oil tanks in the US will run dry, Jeff Currie says
02:22pm, Wednesday, 06'th May 2026
"I've never seen anything like it before." Oil storage tanks in the United States will run empty "somewhere in the July 4 period," Carlyle's Jeff Currie tells Francine Lacqua https://www.bloomberg.com
Oil Prices Tumble as US-Iran Diplomatic Efforts Gain Traction
11:19am, Wednesday, 06'th May 2026
Oil briefly dips below $100 as markets react to renewed hopes of a US, Iran deal. Bloomberg's Mia Gindis breaks down why traders may be overreacting, how thin market participation is distorting prices
