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$122.98
-1.13 (-0.91%)
At Close: Aug 04, 2026
Investors seek further clarity on U.S.-Iran peace deal
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.
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
Global oil prices ticked lower on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
Former Energy Secretary Dan Brouillette discusses how a U.S.-Iran deal could impact energy markets and why enforcing a reopening of the Strait of Hormuz is critical on ‘Kudlow.' #fox #media #breakin
Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the ​resumption of supply through the ke

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.
U.S. average retail gasoline prices dipped ​below $4 a gallon for the first time since mid-April, as optimism grew that a preliminary deal between the U.S. and Iran would lead ‌to the reopening of
The U.S. Strategic Petroleum Reserve has fallen to the lowest level in more than 40 years, according to the Department of Energy. Oil executives have warned that global inventories are rapidly depleti
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
Wall Street is cheering an end to the war in Iran. It may be a while before investors get an end to war-related uncertainty.
Stocks of crude ​oil in the ‌U.S. Strategic Petroleum Reserve fell ​to 340.3 ​million barrels, the lowest ⁠level since ​1983, according to ​data from the Department of Energy.
Again Capital's John Kilduff discusses the longer-term impact of the deal to end the Iran war on energy prices, and timing for shipping through the Strait of Hormuz to return to normal levels.
A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows.
Crude oil prices sank to their lowest levels in months following President Trump's announcement of an agreement with Iran to reopen the Strait of Hormuz.
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