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Buy IEO
$119.57
+1.95 (+1.66%)
At Close: Jun 03, 2026
US to loan 53.3 million barrels of oil from Strategic Petroleum Reserve
04:18pm, Monday, 11'th May 2026
The Trump administration said on Monday it will loan energy companies 53.3 million barrels of crude from the U.S. Strategic Petroleum Reserve as part of a global agreement to c
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 4% As Trump Says Ceasefire Is On “Life Support”
02:50pm, Monday, 11'th May 2026
Oil markets rallied as geopolitical risk premium increased.
TotalEnergies' CEO Says 500 Million Barrels Are Already Gone. Is It Too Late to Buy Oil Stocks?
02:15pm, Monday, 11'th May 2026
The world has used over 500 million barrels of oil from inventory since the war began. The inventory decline will continue long after the Strait of Hormuz reopens.
How prolonged Strait of Hormuz closure could lead to oil demand destruction
01:30pm, Monday, 11'th May 2026
May 11th, 2026 - Market Catalysts Yahoo Finance Chapters 00:00 Why markets are waiting on inflation and China 02:15 How the Iran conflict is impacting oil prices 05:11 Why inflation could move back to
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
12:49pm, Monday, 11'th May 2026
The oil market will not normalize until 2027 if the disruption in the Strait of Hormuz persists past the middle of June, Saudi Aramco CEO Amin Nasser said. The biggest challenge facing the market is t
Strait of Hormuz disruption could push oil market recovery into 2027, Aramco CEO says
11:51am, Monday, 11'th May 2026
Disruption to oil exports via the Strait of Hormuz is threatening to delay the market's return to normal until 2027, Saudi Aramco CEO Amin Nasser warned on Monday.
Crude Oil Price Analysis – Oil Continues to Jump on Headlines
10:39am, Monday, 11'th May 2026
Crude oil jumps but struggles early on Monday as traders continue to move to the latest headlines coming out of the Middle East.
OPEC oil output hits new low in April on Hormuz export disruption, Reuters survey finds
10:02am, Monday, 11'th May 2026
OPEC oil output dropped further in April to the lowest in more than two decades, a Reuters survey found, as the U.S.-Israeli war with Iran effectively closed the Strait of Hormuz and forced export
Aramco Sees Oil Market Losing 100 Million Barrels a Week if Hormuz Remains Closed
09:56am, Monday, 11'th May 2026
Saudi Aramco Chief Executive Amin Nasser added that the market has already lost about 1 billion barrels of oil supply during the crisis.
Oil market won't return to normal this year if Iran conflict isn't solved within weeks, Aramco CEO says
09:24am, Monday, 11'th May 2026
Oil futures for December have gained 47% this year, a sign that traders don't anticipate a quick return to normal.
Oil market will lose around 100 million barrels every week, if Strait of Hormuz remains closed, Aramco CEO says
08:39am, Monday, 11'th May 2026
The oil market will lose around 100 million barrels every week, if the disruptions in the Strait of Hormuz continue at the current rate and it remains closed, the CEO of Saudi oil
Oil markets more resilient than expected as industry enters a 'new normal': Analyst
06:17am, Monday, 11'th May 2026
Carol Nakhle, CEO of Crystol Energy, says that the oil markets are displaying resiliency amid the Middle East conflict - adding that there is no going back to "normal," as a new chapter opens for the
Natural Gas and Oil Forecast: WTI Below $100, Brent at $103, NatGas at $2.79 — More Downside Ahead?
05:49am, Monday, 11'th May 2026
With geopolitical risk premium fading, oil benchmarks turn lower on technical selling. WTI confirms bearish channel breakdown below $100 targeting $93.97, Brent retests $103 support, while Natural Gas
Oil, Treasury Yields Rise as Middle East Tensions Continue, While Stocks Are Mixed
04:17am, Monday, 11'th May 2026
U.S. stock futures were lower after Trump said Iran's response to a U.S. proposal to end the conflict was unacceptable.
U.S. Oil Prices Surge Toward $100. Hormuz Fears as Trump Dismisses Iran Peace Plan.
04:05am, Monday, 11'th May 2026
Oil prices have jumped more than 70% this year and were on the rise again Monday.
