$438.97
+7.75 (+1.80%)
At Close: Jun 04, 2026
Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked
03:31pm, Thursday, 16'th Apr 2026
Oil prices crept closer to $100 a barrel on Thursday as tanker traffic through the Hormuz Strait remained restricted. President Donald Trump told reporters Thursday that the U.S. and Iran will “prob
Exclusive: India's RBI asks state oil refiners to curb spot dollar buying, sources say
10:37am, Thursday, 16'th Apr 2026
India's central bank has urged state-run oil refiners to curb spot dollar purchases and tap a special credit line for their foreign exchange needs, three sources said, reviving measures used ear
Pakistan ramps up furnace oil use, delays nuclear maintenance amid LNG shortages
10:21am, Thursday, 16'th Apr 2026
Pakistan is running its furnace oil-based power generation to full capacity and delaying nuclear plant maintenance, as it scrambles to manage electricity shortages caused by disruptions to liquefie
Trump makes STUNNING claim about US oil
09:15am, Thursday, 16'th Apr 2026
U.S. Interior Secretary Doug Burgum discusses President Donald Trump's Strait of Hormuz tanker blockade, Iran peace talks, and oil volatility on 'Mornings with Maria.' #foxbusiness #morningswithmaria
Crude Oil Price Analysis – Oil Sits Still for Once
08:42am, Thursday, 16'th Apr 2026
The crude oil markets continue to see a bit of noise in general, but so far, the Thursday session is quiet for once.
Fed Rate Cut Expectations Whipsawed: Watch These Key Crude Oil Levels
08:00am, Thursday, 16'th Apr 2026
Why did Fed rate cut odds collapse from 43% back to 14% in five days? March CPI hit 3.3% with energy up 10.9%, oil reversed back toward $100, and the FOMC minutes signaled patience.
This hidden oil price is ripping the hull out of the global economy
07:50am, Thursday, 16'th Apr 2026
There are two oil markets. Your financial adviser — bless his expensive haircut — only knows about the fake one.
Kremlin says Russia has learnt to minimise impact of sanctions after US decides not to renew oil waiver
06:29am, Thursday, 16'th Apr 2026
Russia has learnt how to minimise the impact of sanctions, the Kremlin said on Thursday, after U.S. Treasury Secretary Scott Bessent said the United States would not be renewing a wa
Natural Gas and Oil Forecast: Brent Eyes $100 Reclaim – Will Supply Shocks Spark a Breakout?
05:33am, Thursday, 16'th Apr 2026
WTI Crude stabilizes at $92 as traders weigh Strait of Hormuz risks against a strengthening inventory build. Discover if $91 support holds or if $87 is the next stop.
Stocks Rally, Oil Steady as Investor Risk Appetite Grows
04:18am, Thursday, 16'th Apr 2026
Investors turned back to risk on hopes that a peace deal between the U.S. and Iran would soon be agreed, with the Nasdaq and S&P 500 looking to extend record highs.
TotalEnergies Eyes Boost From Oil-Price Surge, Despite Hit to Production
02:50am, Thursday, 16'th Apr 2026
Income from production is expected to rise significantly, TotalEnergies said, reflecting a surge in prices during the Middle East tumult.
Maurel & Prom's first quarter sales more than double on surging oil prices
02:04am, Thursday, 16'th Apr 2026
French oil group Maurel & Prom's first-quarter sales more than doubled to $163 million from $64 million a year earlier, driven by a 41% surge in its quarter-on-quarter average oil sale price
Oil Price Forecast: Can Supply Disruptions and Geopolitics Keep Prices Elevated?
12:42am, Thursday, 16'th Apr 2026
Crude oil remains range-bound as supply disruptions, geopolitical tensions, and mixed macro signals maintain a risk premium while ongoing US–Iran negotiations keep the market volatile and without a
Spain's Repsol wins back control of Venezuelan oil operations, FT says
12:11am, Thursday, 16'th Apr 2026
Repsol is poised to take back operational control of its Venezuelan oil assets and boost production following a deal signed with the South American government, the
Thailand's PTT offers more fuel oil for May loading, sources say
11:57pm, Wednesday, 15'th Apr 2026
Thai state-owned energy company PTT has offered a larger volume of high-sulphur fuel oil (HSFO) for loading in May than in previous months, according to market sources.
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