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At Close: Jun 03, 2026
Gold at session highs after ISM Services PMI falls to 53.6 in April as industries brace for oil shock
10:18am, Tuesday, 05'th May 2026
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Crude Oil Price Analysis – Oil Drops to Kick Off Tuesday
10:10am, Tuesday, 05'th May 2026
Crude oil pulls back a bit during the trading session on Tuesday, as the longer-term range is a major barrier to new pricing. Ultimately, this market is moving on the latest tweets, which is difficult
Futures Signal Lower Oil Despite Middle East Tensions
09:37am, Tuesday, 05'th May 2026
Kevin Hincks breaks down how futures markets are interpreting rising tensions in the Strait of Hormuz—and why oil prices may still trend lower this year. He also highlights the importance of the JOL
Why the oil market is too complacent about the supply threat it's facing
09:22am, Tuesday, 05'th May 2026
While there are 7.8 billion barrels stockpiled on paper, the reality is more like 1.4 billion barrels and as the market begins to process this realization, SocGen forecasts the oil price will rise.
Nasdaq leads gains as oil eases, Palantir trades lower despite blowout earnings
08:23am, Tuesday, 05'th May 2026
US stocks are expected to open higher on Tuesday, with oil prices pulling back slightly as hostilities in the Gulf did not escalate further after tensions were ramped up at the start of the week. Wa
Stock Market Today: Brent Crude Steadies Near Multiyear High
03:55am, Tuesday, 05'th May 2026
Stock futures tick up after Trump downplays Middle East tensions
Oil Price Forecast: Brent and WTI Eye Breakout as Fuel Shortage Risk Grows
03:53am, Tuesday, 05'th May 2026
Oil prices pulled back after Monday's rally, but U.S.-Iran tensions, Strait of Hormuz risks, tight fuel supplies, and bullish Brent and WTI technical setups keep the breakout outlook alive.
Trump Plays Down Iran Attacks on Ships in Hormuz. Oil Prices Tell a Different Story.
03:37am, Tuesday, 05'th May 2026
Brent crude and WTI prices remain at elevated levels as investors digest conflict in the Strait of Hormuz.
Natural Gas and Oil Forecast: US Production vs OPEC+ Cuts — Can WTI Hit $109 Before Pullback?
02:33am, Tuesday, 05'th May 2026
Geopolitical risks in the Middle East keep Brent crude supported near $114 while WTI clings to $104 channel support. Natural gas breaks lower as storage injections beat norms and summer cooling demand
Oil Futures Fall on Possible Technical Correction
09:14pm, Monday, 04'th May 2026
Oil futures fell in early Asian trade on a possible technical correction after WTI and Brent futures settled markedly higher on Monday.
Oil slides as traders assess Middle East developments with Iran attacks keeping markets jittery
08:37pm, Monday, 04'th May 2026
Oil prices declined on Tuesday, retreating from sharp gains in the previous session. Traders continued to assess the risk of immediate supply disruptions amid renewed U.S.-Iran tensions.
US crude eases 1% as traders weigh supply risks
06:13pm, Monday, 04'th May 2026
U.S. crude futures eased 1% in early Asian trade on Tuesday as the market gauged the impact of Iranian attacks on ships in the Strait of Hormuz and a fire at a UAE oil port.
Chevron CEO says physical shortages in oil supply to begin appearing
04:32pm, Monday, 04'th May 2026
Chevron Chairman and CEO Mike Wirth said on Monday that physical shortages in oil supply would begin appearing around the world because of the closure of the Strait of Hormuz, thr
Oil Soars, Stocks Fall With Tensions Rising in Strait of Hormuz
04:19pm, Monday, 04'th May 2026
Oil prices rose sharply and stocks fell after fighting in the Iran war flared for the first time in weeks.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Strikes A Petroleum Complex In Fujairah
02:56pm, Monday, 04'th May 2026
Oil prices soar as traders focus on escalation in the Middle East.
