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$122.98
-1.13 (-0.91%)
At Close: Aug 04, 2026
Restoring crude oil market equilibrium will take a year if not longer, Shell CEO says
10:54am, Wednesday, 10'th Jun 2026
Restoring a balanced crude oil market amid heavy inventory drawdowns will take a year and possibly longer, Shell CEO Wael Sawan said on Wednesday.
World markets walk a tightrope between AI stocks and oil shocks
10:43am, Wednesday, 10'th Jun 2026
Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or oil shocks from the U.S.-Iran war pushing
US crude stocks and distillate inventories fall, gasoline stocks rise, EIA says
10:37am, Wednesday, 10'th Jun 2026
U.S. crude stocks and distillate inventories fell while gasoline stockpiles rose last week, the Energy Information Administration said on Wednesday.
Crude Oil Price Analysis – Crude Oil Continues to Grind Back and Forth
10:33am, Wednesday, 10'th Jun 2026
Until the situation in the Middle East settles down a bit, I think it will be difficult to see oil completely fall apart. The supply chain will continue to be an issue going forward.
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran, Reuters survey shows
10:31am, Wednesday, 10'th Jun 2026
OPEC oil output in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran's exports and Iran's effective closure of the Strait of Hormuz slashed e
Natural Gas and Oil Forecast: WTI Under $88 While Brent Tests $90 — NatGas Retest in Play?
05:27am, Wednesday, 10'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 $86.44, Brent tests channel
U.S. Bombs Iran and Oil Prices Shrug It Off
04:31am, Wednesday, 10'th Jun 2026
Brent crude and WTI prices were showing relatively muted reactions to the resumption of direct conflict between the U.S. and Iran.
Oil choppy after U.S. completes Iran strikes following Apache helicopter attack
09:39pm, Tuesday, 09'th Jun 2026
Oil prices rose on Wednesday after the U.S. launched military strikes against Iran. The U.S. military said it had completed strikes against Iranian military targets near the Strait of Hormuz.
Oil rises nearly 1% as US launches new strikes against Iran, supply tightens
08:33pm, Tuesday, 09'th Jun 2026
Oil prices climbed about 1% on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed a
Oil Rises on Escalating Supply Disruption Concerns
07:43pm, Tuesday, 09'th Jun 2026
Oil rose on escalating supply disruption concerns caused by the exchange of attacks between the U.S. and Iran.
API shows US crude inventories fell for two straight months, sources say
05:06pm, Tuesday, 09'th Jun 2026
U.S. crude oil inventories fell last week for an eighth consecutive week, according to market sources citing data from the American Petroleum Institute released on Tuesday, while
Crude Oil Price Forecast: Triangle Breakdown Signals Downside Risk
05:03pm, Tuesday, 09'th Jun 2026
Crude oil breaks below a symmetrical triangle support zone, testing key moving averages and raising downside risk toward deeper support levels if resistance holds.
The current 'absolute deficit' of oil could turn into a 'humongous surplus' in 2027: Rystad Energy
04:12pm, Tuesday, 09'th Jun 2026
Claudio Galimberti, chief economist of Rystad Energy, says the potential "huge oversupply" of oil following the resolution of the Iran war and closure of the Strait of Hormuz is creating a lot of conf
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Ignore Iran's Attack On A U.S. Helicopter
02:45pm, Tuesday, 09'th Jun 2026
President Trump said that the U.S. will respond to Iran's attack on a helicopter which was patrolling over the Strait of Hormuz.
Oil inventories are headed toward multi-decade lows, US EIA warns
01:19pm, Tuesday, 09'th Jun 2026
Oil stockpiles in the world's largest economies were headed toward the lowest levels since at least 2003 as top consuming nations tapped inventories at a record pace to plug the loss of
