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$40.12
+1.04 (+2.66%)
At Close: Jul 31, 2026
Crude Oil Price Forecast: Breakdown Extends Toward Key Support Zone
04:59pm, Tuesday, 16'th Jun 2026
Crude oil extends its decline after breaking key support levels, now approaching a major confluence zone near the 200-day and 200-week moving averages.
Oil Falls Below $80 For First Time in More Than Three Months
04:28pm, Tuesday, 16'th Jun 2026
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Stre
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 6% As Traders Prepare For The Flood Of Oil From The Middle East
02:45pm, Tuesday, 16'th Jun 2026
Oil markets are under strong pressure as traders bet on rising supply from Gulf countries.
Fed's First Interest Rate Meeting Under Warsh Begins as Crude Oil Trickles Lower
09:30am, Tuesday, 16'th Jun 2026
A memorandum of understanding between the U.S. and Iran is moving toward a Friday signing. Kevin Hincks believes it will offer reprieve to markets concerned of heightened inflation, expecting crude oi
Crude Oil Price Analysis – Oil Continues to Fall as Peace Likely
09:12am, Tuesday, 16'th Jun 2026
The oil markets continue to see a lot of selling pressure, as the idea of peace allowing the flow of oil providing relief to the markets.
Oil price hits lowest since early March despite doubts over how quickly strait of Hormuz will reopen – business live
07:26am, Tuesday, 16'th Jun 2026
Rolling coverage of the latest economic and financial news
Major Wall Street Banks Cut Oil-Price Forecasts on Faster Gulf Supply Recovery
06:09am, Tuesday, 16'th Jun 2026
Goldman Sachs and Morgan Stanley cut their oil-price forecasts with Persian Gulf flows expected to recover to prewar levels sooner than anticipated.
The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels
05:07am, Tuesday, 16'th Jun 2026
Risks to oil price assumptions in the event of a finalized peace deal are two-sided but the Goldman Sachs report notes that the global economy adjusted very flexibly to the largest oil production shoc
Oil Prices Fall Further as Trump Says Strait of Hormuz Will Reopen This Week
04:47am, Tuesday, 16'th Jun 2026
Brent crude and WTI prices were falling again as President Donald Trump said the Strait of Hormuz could reopen as soon as Friday.
Stock Market Today: U.S. Stock Futures Waver, Oil Falls
04:26am, Tuesday, 16'th Jun 2026
Investors seek further clarity on U.S.-Iran peace deal
U.S. Futures Steady, Oil Edges Lower as Markets Stabilize
04:23am, Tuesday, 16'th Jun 2026
U.S. stock futures were flat and oil slipped in early European trade as investors awaited further details on terms of the U.S.-Iran peace deal.
Natural Gas and Oil Forecast: Truce Stability Fuels Technical Recovery — What's Next for Oil & NatGas?
03:44am, Tuesday, 16'th Jun 2026
One month-plus into the truce, supply-demand dynamics support constructive price action. WTI rebounds off channel floor at $80.09, Brent holds $82.41, and Natural Gas trades at $3.170 with positive mo
Oil prices fall, tanker bosses remain cautious on resumption of Hormuz transit
02:39am, Tuesday, 16'th Jun 2026
Global oil prices ticked lower on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
Oil Futures Rise on Likely Technical Recovery
07:40pm, Monday, 15'th Jun 2026
Oil futures rose in early Asian trade on a likely technical recovery after futures settled overnight at their lowest level since March 4.
It could take years for oil prices to return to $67 a barrel. Here's why.
03:29pm, Monday, 15'th Jun 2026
The U.S. and Iran have reached a tentative deal to extend their ceasefire by 60 days and reopen the Strait of Hormuz, but it will take an excess of global crude supplies and lower shipping costs for t
