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Buy IEO
$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Crude Oil Price Analysis – Crude Oil Plunges on Monday
09:49am, Monday, 02'nd Feb 2026
Oil plunges early on Monday after there were no military actions over the weekend.
Oil Price News: WTI Jumps as Iranian Tensions and Short Covering Fuel Rally
09:30am, Monday, 02'nd Feb 2026
Oil prices surged last week as geopolitical risk linked to Iran intensified and speculative positioning adjusted, pushing the curve back into backwardation. While supply constraints and OPEC+ delivery
There's another big oil-and-gas merger, but shareholders aren't happy
08:50am, Monday, 02'nd Feb 2026
Devon plans to acquire Coterra in an all-stock deal, as consolidation within the oil-and-gas sector continues.
Venezuela's oil exports bounce to 800,000 bpd in January under US control -shipping data
08:33am, Monday, 02'nd Feb 2026
Venezuela's oil exports bounced to some 800,000 barrels per day (bpd) in January under control of the U.S., from 498,000 bpd in December, following the U.S. capture of President Nicolas Maduro and the
Kuwait oil minister tells Reuters: We expect to issue tenders for Durra field with Saudi Arabia in 2026
08:08am, Monday, 02'nd Feb 2026
Kuwait's oil minister Tariq Al-Roumi told Reuters on Monday that he expects tenders for the Durra oil and gas field project, in cooperation with Saudi Arabia, to be launched this year.
Oil Prices Tumble 5% After Trump Says Iran ‘Seriously Talking' With U.S.
07:17am, Monday, 02'nd Feb 2026
Oil prices fell after positive signals from Washington and Tehran.
China's teapots buy Iranian oil to replace Venezuelan supply, sources say
06:48am, Monday, 02'nd Feb 2026
Chinese independent refiners are buying discounted Iranian heavy crude to replace Venezuelan shipments that have stalled after the U.S. claimed control of the OPEC producer last month, two people with
Oil News: Crude Oil Futures Plunge as Iran Talks Ease Supply Disruption Fears
06:39am, Monday, 02'nd Feb 2026
WTI crude oil futures drop sharply as Trump's Iran comments ease geopolitical risks. Technical analysis points to key support tests at $60.66-$59.29.
Oil prices are falling sharply. Lowered U.S.-Iran tensions and metals spillover is being blamed.
05:58am, Monday, 02'nd Feb 2026
Oil prices fell sharply on Monday after President Donald Trump said he was hopeful over negotiations with Iran, taking some of the fear premium out of the commodity.
How to trade the market spiral as investors dump gold, silver and oil
05:06am, Monday, 02'nd Feb 2026
Analysts flagged U.S. President Donald Trump's nomination of Kevin Warsh for the next chair of the Federal Reserve as a key trigger to the market downturn. "As we all know, markets are addicted to liq
Brent Crude Aiming for $95 as a Double Bottom Forms
03:26am, Monday, 02'nd Feb 2026
Taken together, the technical structure in Brent crude strongly favors a completed corrective phase and the early stages of a trend reversal.
Record January fuel oil exports from Kuwait's al-Zour refinery weigh on Asian market
03:00am, Monday, 02'nd Feb 2026
Kuwait's al-Zour refinery ramped up fuel oil exports in January to all-time highs after recovering from an outage, with most of its cargoes bound for Southeast Asia, ship-tracking data showed on Monda
Natural Gas and Oil Forecast: Is Oil Done Falling at $61 or Just Pausing Before $60?
02:53am, Monday, 02'nd Feb 2026
Crude oil retreats sharply as risk premiums unwind, testing $61 support, while natural gas consolidates above $3.55 inside a rising channel.
Oil slides over 4% as Trump signals Iran talks, easing supply shock fears
11:24pm, Sunday, 01'st Feb 2026
Oil prices slid as investors dial back fears of a supply shock. On Saturday, Donald Trump told reporters Tehran was "seriously talking" with the U.S.
Oil News: Iran Tensions Lift Crude Oil—Can Geopolitics Override Surplus Fears?
07:20pm, Sunday, 01'st Feb 2026
Crude oil surges 6.78% on geopolitical risk and inventory draws, yet structural surplus of 0.75-3.5 million bpd could cap gains near consensus $60 target.
