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Buy IEO
$119.57
+1.95 (+1.66%)
At Close: Jun 03, 2026
There's one reason why $200-a-barrel oil can't be entirely ruled out
05:19pm, Tuesday, 05'th May 2026
This year's roughly 80% surge in oil prices has done little to diminish demand for crude globally
Crude Oil Price Forecast: Key Levels Define Next Move
04:40pm, Tuesday, 05'th May 2026
WTI crude oil holds near key moving average support, with price action approaching critical levels that could determine whether the next move is a breakout or deeper retracement.
Chevron CEO says economies 'are going to have to slow' as Strait of Hormuz closure disrupts oil supply
04:36pm, Tuesday, 05'th May 2026
Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.
Saudi Arabia cuts Arab Light June OSP for Asia
03:44pm, Tuesday, 05'th May 2026
Saudi Arabia has set the June Arab Light crude oil official selling price to Asia at $15.50 a barrel above the Oman/Dubai average, down from the previous month, Saudi
Iran LASHES OUT as US breaks control of CRITICAL oil route
03:15pm, Tuesday, 05'th May 2026
‘The Big Money Show' panel breaks down rising Iran tensions as U.S. forces secure the Strait of Hormuz, oil prices react and Americans face higher gas costs amid a volatile global energy fight. 0:00
OIL SHOCK: California ignores MASSIVE reserves as imports surge
03:01pm, Tuesday, 05'th May 2026
California Independent Petroleum Association CEO Rock Zierman joins ‘Varney & Co.' to warn that state policies are slashing in-state oil production, driving up gas prices and increasing California's
What It Will Take to Fix the Oil Market
02:32pm, Tuesday, 05'th May 2026
The standoff around the Strait of Hormuz has removed millions of barrels of oil from markets, exposing stockpiles, spare capacity and even OPEC. Here's what would get energy markets back on track.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. Says Ceasefire Remains In Place
02:18pm, Tuesday, 05'th May 2026
Oil markets are losing ground as U.S. did not react to Iran's attacks on UAE.
Oil Retreats From 4-Year Highs As U.S.-Iran Ceasefire Remains Fragile
11:40am, Tuesday, 05'th May 2026
Oil futures retreated from four-year highs on Tuesday, as the ceasefire between the U.S. and Iran remains fragile. That's after Washington kick-started operation Project Freedom to ease the disruption
Gold and oil have been two of the hottest trades of the past one year. One of them has to break
11:04am, Tuesday, 05'th May 2026
What's good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices.
Gold at session highs after ISM Services PMI falls to 53.6 in April as industries brace for oil shock
10:18am, Tuesday, 05'th May 2026
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Crude Oil Price Analysis – Oil Drops to Kick Off Tuesday
10:10am, Tuesday, 05'th May 2026
Crude oil pulls back a bit during the trading session on Tuesday, as the longer-term range is a major barrier to new pricing. Ultimately, this market is moving on the latest tweets, which is difficult
Futures Signal Lower Oil Despite Middle East Tensions
09:37am, Tuesday, 05'th May 2026
Kevin Hincks breaks down how futures markets are interpreting rising tensions in the Strait of Hormuz—and why oil prices may still trend lower this year. He also highlights the importance of the JOL
Why the oil market is too complacent about the supply threat it's facing
09:22am, Tuesday, 05'th May 2026
While there are 7.8 billion barrels stockpiled on paper, the reality is more like 1.4 billion barrels and as the market begins to process this realization, SocGen forecasts the oil price will rise.
Nasdaq leads gains as oil eases, Palantir trades lower despite blowout earnings
08:23am, Tuesday, 05'th May 2026
US stocks are expected to open higher on Tuesday, with oil prices pulling back slightly as hostilities in the Gulf did not escalate further after tensions were ramped up at the start of the week. Wa
