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At Close: Jun 04, 2026
Oil tops $100 a barrel again after Trump announces strait of Hormuz blockade – business live
08:01am, Monday, 13'th Apr 2026
Rolling coverage of the latest economic and financial news
OPEC lowers second-quarter global oil demand forecast on Iran war
08:01am, Monday, 13'th Apr 2026
OPEC on Monday lowered its forecast for world oil demand in the second quarter, citing the impact of the ongoing war in the Middle East, a copy of its monthly oil report
Oil spikes on Trump's Hormuz threat—but why are markets calm?
07:56am, Monday, 13'th Apr 2026
Oil prices moved sharply higher as the United States prepared to impose a blockade in the Strait of Hormuz. However, broader financial markets showed a surprising degree of restraint, reflecting inves
Natural Gas and Oil Forecast: WTI Jumps 9% to $104 as Blockade Fears Spark Supply Shock
05:41am, Monday, 13'th Apr 2026
WTI Crude rocketed to $104 as threats of a naval blockade in the Strait of Hormuz reignite supply fears. Discover the technical targets for the new bullish engulfing setup.
Oil prices rise as failed deal between U.S. and Iran raises risk of prolonged war
05:09am, Monday, 13'th Apr 2026
West Texas Intermediate and Brent crude both climbed above $100 a barrel on Monday after a breakdown in talks between the U.S. and Iran over the weekend.
IAG, Rolls-Royce and Wizz Air lead fallers as oil rises on failed Iran talks
04:01am, Monday, 13'th Apr 2026
Shares in British Airways owner International Consolidated Airlines Group (LSE:IAG) and engine maker Rolls-Royce Holdings PLC (LSE:RR.) fell at the start of the week as a sharp rise in oil prices h
VanEck Oil Services ETF (NYSEARCA:OIH) Short Interest Down 39.6% in March
03:44am, Monday, 13'th Apr 2026
VanEck Oil Services ETF (NYSEARCA:OIH - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 780,498 shares, a de
Shell and BP shares lifted as oil rebounds on breakdown of US-Iran peace talks
03:38am, Monday, 13'th Apr 2026
Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.) shares moved higher at the start of the week, outperforming a weaker wider market as oil prices surged on the back of failed talks between the US
Eco (Atlantic) Oil & Gas strikes Namibia farm-out to BP
03:20am, Monday, 13'th Apr 2026
Eco (Atlantic) Oil & Gas Ltd (TSX-V:EOG, AIM:ECO) has struck a farm-out deal with BP over its offshore Namibian portfolio, bringing in a supermajor as operator while sharply cutting its own funding ex
Kuwait raises May crude prices for Asia, pricing document shows
03:02am, Monday, 13'th Apr 2026
Kuwait has raised the official selling price for Kuwait Export Crude to Asia in May to $17 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reut
From panic to pricing in: Are markets past 'peak fear and sell-off' despite oil price surge?
01:14am, Monday, 13'th Apr 2026
Stocks show muted reaction despite moves to blockade Strait of Hormuz blockade, while oil surges. Investors increasingly view geopolitical shock as temporary, not a long-term market catalyst.
Why pressure is mounting at oil giant BP ahead of its annual general meeting
01:00am, Monday, 13'th Apr 2026
Oil giant BP is bracing for a possible shareholder revolt at its annual general meeting. It follows a contentious decision from BP's board to block a climate resolution and a recommendation from two p
Oil Climbs as U.S.-Iran Peace Talks Fail, U.S. Navy Starts Blockade of Strait of Hormuz
10:12pm, Sunday, 12'th Apr 2026
Oil climbed in early Asian trading hours, after U.S.-Iran peace talks held over the weekend failed.
Oil prices spike after failed US-Iran peace talks and Trump's blockade of the Strait of Hormuz
06:31pm, Sunday, 12'th Apr 2026
Oil prices surged after the US and Iran failed to reach a deal during peace talks on Sunday. President Donald Trump said the US will enact a blockade of the Strait of Hormuz.
Stock-market futures drop, oil surges above $100 after failed talks between U.S. and Iran over the weekend
06:22pm, Sunday, 12'th Apr 2026
Stock-market futures were down Sunday evening, suggesting investors were bracing for a sharp drop in major indexes after weekend talks between the U.S. and Iran failed to open the Strait of Hormuz and
