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At Close: Jun 04, 2026

Oil Futures Rise on Likely Technical Recovery

08:28pm, Monday, 23'rd Mar 2026
Oil futures rose in early trade on a likely technical recovery after WTI and Brent crude futures fell sharply overnight.
Sultan Ahmed Al Jaber, CEO of the UAE's state-owned oil company, said Iran is committing "economic terrorism" by attacking ships in the Strait of Hormuz. Iran's attacks in the Strait are an act of agg
U.S. crude futures rose ​more than $1 in ‌early Asia trade on Tuesday as ​markets assessed ​the supply outlook after ⁠Iran denied ​holding talks with ​the United States, contradicting Pr
The United Steelworkers said on Monday BP engaged in unfair labor practices ​by locking out nearly 800 workers at ‌its Whiting, Indiana, oil refinery, and urged the company to resume contract talk
Global oil prices edged higher in after-hours trading Monday to recoup portion of the nearly 11% lost during the regular session, as traders geared up for what's likely to be another day driven by dev
California Attorney General Rob Bonta ​on Monday said ‌he has sued the U.S. Department ​of Energy ​over its decision to ⁠restart the ​long-disputed Sable Offshore pipeline system ​linkin
Asian allies are looking to the U.S. for secure oil and gas supplies during the Iran war, Interior Secretary Doug Burgum said. Japan relies on the Strait of Hormuz for for 90% of its oil imports, said
Some of the world's top oil executives and energy ministers in ​Houston on Monday expressed growing concern over the long-term effects of the U.S.-Israel war with Iran on the global economy, while t
President Trump said that U.S. was negotiating with Iran and delayed strikes on Iranian energy infrastructure.
US stocks surge as S&P 500 rallies on Iran talk hopes and oil plunges, boosting sentiment and lifting tech stocks, banks, and travel shares.
Chevron CEO Mike Wirth said the oil futures market has not fully priced in the scale of the disruption triggered by the Strait of Hormuz closure. Wirth said the futures market is trading on "scant inf
Oil prices tumbled on Monday after President Trump said he would postpone imminent attacks on Iranian energy infrastructure amid "productive conversations" aimed at resolving the three-week-old U.S.-I
The ‌French Energy Ministry has started evaluating the possibility of increasing the capacity of the country's five ​oil refineries in a bid to ​soften the impact of the conflict in Iran ⁠on e
The timing of the earlier volume spikes — across both equities and crude — caught the attention of traders.
The United States is "highly unlikely" to release more oil from its Strategic ​Petroleum Reserve to calm energy markets during ‌the war with Iran, U.S. Energy Secretary Chris Wright told CNBC on M
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