$122.98
-1.13 (-0.91%)
At Close: Aug 04, 2026
The Iran Deal Leaves More Questions Than Answers. Why Oil Prices Are Falling Anyway.
02:30pm, Wednesday, 17'th Jun 2026
Analysts warn that the current sub-$80-a-barrel oil prices may be overly optimistic for a smooth end to the conflict and the reopening on the Strait of Hormuz.
US crude inventories decline for tenth week to over 20-year low, EIA says
11:46am, Wednesday, 17'th Jun 2026
U.S. crude oil inventories fell for a 10th straight week last week as demand surged, pushing total stockpiles to their lowest level since 1985 as the Iran war continues to upend global energy marke
U.S. Crude Oil Stockpiles Fall More Than Expected
11:42am, Wednesday, 17'th Jun 2026
Commercial crude oil stocks were down by 8.3 million barrels as net imports decreased and refineries ran near full capacity.
US quietly allows waiver on Russian oil to expire
11:20am, Wednesday, 17'th Jun 2026
The U.S. Treasury on Wednesday did not publish an extension of its waiver of sanctions on Russian seaborne oil that ran out at midnight, but President Donald Trump and administration officials did
US crude stocks fall to its lowest since March 1985, EIA says
11:12am, Wednesday, 17'th Jun 2026
Overall US crude inventories fell last week to 758.5 million barrels, its lowest since March 1985, the Energy Information Administration said on Wednesday.
Crude Oil Price Analysis – Crude Oil Trying to Bounce on Wednesday
09:34am, Wednesday, 17'th Jun 2026
Crude oil looks like it might be ready to do a little bit of a bounce on Wednesday, as we are oversold to say the least. At this point, it will be about the headlines coming out of the Middle East.
UAE's post‑OPEC expansion push to lift oil output above 5 million bpd next year, IEA says
07:52am, Wednesday, 17'th Jun 2026
The United Arab Emirates' oil output could exceed 5 million bpd next year as it moves to expand production after its exit from OPEC, making it a major driver of non‑OPEC+ supply growth, the In
An oil bull's ‘insane' bet: Why this veteran trader is buying energy stocks as prices tumble
06:56am, Wednesday, 17'th Jun 2026
Former institutional trader Kevin Muir pushes against the market tide with a call to buy oil now.
Goldman Sets Out Its Case for Slashing the Oil Price Forecast
05:21am, Wednesday, 17'th Jun 2026
Brent crude and WTI prices were slipping again in anticipation of a U.S.-Iran peace deal. Goldman Sachs is cutting expectations for oil for the rest of the year.
Iranian oil tankers pass US blockade after US-Iran deal, data shows
04:12am, Wednesday, 17'th Jun 2026
At least three tankers carrying Iranian oil have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a
Oil Supply to Rebound Strongly After Gulf Shock But Recovery Will Take Months, IEA Says
04:08am, Wednesday, 17'th Jun 2026
The Gulf oil supply shock is set to drag global oil demand sharply lower before flows through Hormuz gradually normalize, with supply expected to rebound to 8 million barrels a day in 2027.
Middle East crude slips into discounts as U.S.-Iran deal lifts supply outlook
02:48am, Wednesday, 17'th Jun 2026
The Middle East crude market weakened sharply this week, slipping into discounts, Reuters data showed, after the United States and Iran agreed a framework deal to reopen the crucial Strait of Hormu
Natural Gas and Oil Forecast: WTI Under $76 While Brent Tests $78 — NatGas Bullish Continuation?
01:30am, Wednesday, 17'th Jun 2026
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $68.50, Brent tests channel
Oil Futures Rise on Likely Technical Recovery
07:41pm, Tuesday, 16'th Jun 2026
Oil futures rose in early Asian trade on a likely technical recovery after futures fell for a fourth consecutive session on Tuesday.
Tuesday's Final Takeaways: SPCX Extends Post IPO Rally, Oil Falls & CVNA Expands
06:00pm, Tuesday, 16'th Jun 2026
Marley Kayden talks about SpaceX (SPCX) extending its post IPO rally and continuing gains throughout the trading day. She also discusses falling oil prices and Carvana's (CVNA) expansion into a new ca
Sign In
Buy IEO