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$431.22
+0.770 (+0.179%)
At Close: Jun 03, 2026
Oil Prices Set For Biggest Monthly Drop in 6 Years on Hope for U.S., Iran Peace Deal
05:10am, Friday, 29'th May 2026
Brent crude prices have fallen $18 in May, the sharpest drop in dollar terms since early in the Covid-19 pandemic.
Natural Gas and Oil Forecast: WTI Below $92 While Brent Tests $95 — NatGas Breakout in Play?
05:00am, Friday, 29'th May 2026
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI plunges below $92 after channel violation, Brent defends $95.01 support, and Natural Gas holds steady
Oil Falls though U.S. Futures Unmoved as Bessent Says U.S.-Iran Deal in Sight
04:28am, Friday, 29'th May 2026
Oil prices pulled back on renewed optimism that the U.S and Iran were closing in on a deal that would reopen the Strait of Hormuz, but U.S. stock futures were largely flat.
Crude oil on track for second weekly loss amid Hormuz deal hopes
03:52am, Friday, 29'th May 2026
Brent crude and WTI, its US counterpart, are heading for a second consecutive weekly decline as traders bet that a diplomatic resolution to the US-Iran conflict will eventually reopen the Strait of Ho
Oil falls back on renewed peace agreement optimism
02:53am, Friday, 29'th May 2026
Oil dips after a White House official says the U.S. and Iran are close to a temporary peace agreement. Vice President JD Vance says he feels ‘pretty good' about how negotiations are progressing.
Oil Declines on US-Iran Ceasefire Optimism
01:46am, Friday, 29'th May 2026
Oil fell as the US and Iran tentatively agreed to extend a ceasefire by 60 days. Brent is set for its biggest monthly drop since 2020 on optimism that flows through the Strait of Hormuz may resume.
Saudi Arabia may lower July oil prices to Asia as demand weakens
10:52pm, Thursday, 28'th May 2026
Saudi Arabia is likely to cut its official selling prices (OSPs) for crude oil to Asia in July for a second month, a Reuters survey showed, as spot premiums eased on sluggish demand despite supp
Oil eyes weekly drop on Hormuz deal hopes; AI sends stocks to record highs
10:07pm, Thursday, 28'th May 2026
World stocks stood at record highs on Friday and oil futures eyed the steepest weekly drop for nearly two months as traders waited for details on a potential deal to reopen the Strait of Hormuz and
Oil falls slightly on reports of potential US-Iran ceasefire deal
09:16pm, Thursday, 28'th May 2026
Oil futures fell slightly on hopes for a potential deal to extend a U.S.-Iran ceasefire, although remarks from Vice President JD Vance that the nations were "close" to reaching a deal but "not t
Oil Falls on Optimism Over Potential U.S.-Iran Deal
08:06pm, Thursday, 28'th May 2026
Oil fell in early Asian trade on optimism over a potential U.S.-Iran deal that could ease supply-disruption concerns.
The Iran war may be winding down, but the era of $60 oil could be over
05:20pm, Thursday, 28'th May 2026
The Iran war could soon draw to a close. Oil prices, however, may not roll back with it.
Crude Oil Price Forecast: Breakdown Extends Bearish Momentum
05:09pm, Thursday, 28'th May 2026
Crude oil extends downside momentum after breaking key moving averages and trendline support, with price now targeting lower Fibonacci and moving average support zones amid continued bearish structure
Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
05:03pm, Thursday, 28'th May 2026
Oil inventories will hit "really, really low levels" in the coming weeks due to the Middle East conflict, said Exxon Mobil executive Neil Chapman. This will force the price of oil to shoot higher, Cha
Bessent: Oil market will be 'VERY WELL-SUPPLIED' on the other side of this
05:00pm, Thursday, 28'th May 2026
Treasury Secretary Scott Bessent addresses the economic impact from the situation in the Strait of Hormuz and the ceasefire extension proposal while taking questions from the press. 00:00 Outlook
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. And Iran May Extend Ceasefire By 60 Days
03:10pm, Thursday, 28'th May 2026
According to recent reports, U.S. and Iran are moving towards a temporary deal that would reopen the Strait of Hormuz.
