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$119.57
+1.95 (+1.66%)
At Close: Jun 03, 2026
Prospect of prolonged Iran war disruption drives oil forecasts higher
07:02am, Thursday, 30'th Apr 2026
Analysts have increased their oil price forecasts for the second time since the Iran war began at the end of February as they factor in the prospect of prolonged energy market disruption, a Reuters
US seeks international help to reopen Strait of Hormuz as crude prices surge
06:17am, Thursday, 30'th Apr 2026
The United States is pressing ahead with plans for an international coalition to open the Strait of Hormuz, according to a State Department cable seen by Reuters, as oil prices surge on fears of le
Oil hits 4-year high on Iran escalation fears
05:50am, Thursday, 30'th Apr 2026
CNBC's Dan Murphy reports as oil hits a four-year high amid rising geopolitical tensions.
Natural Gas and Oil Forecast: Hormuz Crisis Sends Oil to $107 – Is $115 the Next Stop?
05:48am, Thursday, 30'th Apr 2026
The Strait of Hormuz crisis has drained 850M barrels, pushing WTI to $107 and Brent eyeing $115, while Natural Gas bears target $2.46.
Oil Prices Spike to Four-Year High. Why Iran War Fears Are Growing.
05:32am, Thursday, 30'th Apr 2026
Front-month international crude prices hit a wartime high as investors worry that the U.S. could restart its attacks on Iran.
Oil prices climb to four-year high above $120 after report that Trump is considering further military action in Iran
05:21am, Thursday, 30'th Apr 2026
Oil jumps on report President Donald Trump will be briefed later on Thursday on plans to strike Iran
Brent surges to 4-year high as Trump eyes blockade extension, strikes
04:23am, Thursday, 30'th Apr 2026
Brent crude oil hits a war-time record of more than $123 per barrel after Axios reports U.S. President Trump is to be briefed on potential further strikes on Iran after rejecting Tehran's offer to re-
Shell and BP rise as Brent oil price surges above $125 on fears of US escalation of Iran war
03:47am, Thursday, 30'th Apr 2026
Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.) shares rose 0.9% and 0.5% after crude oil prices surged to their highest levels since the US and Israel opened war on Iran.
Oil Price Forecast: Hormuz Crisis Keeps Brent and WTI in Breakout Mode
12:47am, Thursday, 30'th Apr 2026
Oil prices extended their rally as the Hormuz crisis, Iranian port blockade, and Middle East conflict kept supply risks high, while Brent and WTI remained in breakout mode despite a possible OPEC+ out
Oil Prices Mixed; Prospect of Prolonged Strait of Hormuz Closure May Buoy
09:19pm, Wednesday, 29'th Apr 2026
Oil prices were mixed in early trade but may be buoyed by the prospect of a prolonged closure of Strait of Hormuz.
Oil extends gains with Brent at $120 as fears of an extended U.S.-Iran conflict rise
08:28pm, Wednesday, 29'th Apr 2026
Oil extended gains on Thursday as signs of a prolonged U.S. blockade on Iranian exports and stalled nuclear negotiations. Prices rose as the Wall Street Journal reported, citing U.S. officials, that D
Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk
05:17pm, Wednesday, 29'th Apr 2026
Goldman Sachs on Wednesday said the United Arab Emirates exit from OPEC poses a greater upside risk to oil supply over the medium term than in the short term.
US Signals It Will Stick With Hormuz Naval Blockade
04:30pm, Wednesday, 29'th Apr 2026
The US signaled there will be no letup with its naval blockade of Iranian ports, as it tries to choke-off Tehran's oil exports and force it back to the negotiating table. The blockade lies at the hear
Hope Beneath the Headlines
02:47pm, Wednesday, 29'th Apr 2026
SUMMARY US' energy independence has helped mitigate negative economic effects of the oil price shock. Unit labor costs are growing at a slower rate, suggesting core inflation should moderate over time
Oil majors eye resurgent Canadian energy in wake of Middle East upheaval
02:39pm, Wednesday, 29'th Apr 2026
Canada's oil and gas producers are drawing renewed interest from global energy majors as the Middle East conflict has heightened the country's attractiveness to the world's biggest operators, with
