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+7.75 (+1.80%)
At Close: Jun 04, 2026
CERAWEEK US, TotalEnergies to shift $1 billion from wind to oil and gas
11:36am, Monday, 23'rd Mar 2026
The United States and French energy major TotalEnergies announced on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.
Drivers paying nearly $4 a gallon for gas see hope in oil prices' fall
11:27am, Monday, 23'rd Mar 2026
Gasoline prices were close to $1 a gallon higher than a month ago.
U.S. Energy Secretary Wright Says Oil Price Rise Hasn't Destroyed Demand
11:16am, Monday, 23'rd Mar 2026
Wright said the rise in prices was a signal to capable producers to increase output, but that prices haven't gone high enough to generate significant demand destruction.
CERAWEEK Rise in oil prices slowing global economic growth, says ADNOC CEO
11:12am, Monday, 23'rd Mar 2026
The rise in oil prices is slowing economic growth everywhere, the chief executive of UAE state-run energy giant ADNOC said on Monday.
Iranian oil is offered to India at premium to Brent, sources say
11:06am, Monday, 23'rd Mar 2026
Traders have offered Iranian oil to Indian refiners at a premium to ICE Brent after Washington temporary removed sanctions to ease the energy crisis caused by the U.S.-Israeli war on Iran, three in
Crude Oil Price Forecast – Crude Oil Plunges on Word of Talks
11:02am, Monday, 23'rd Mar 2026
Crude oil gets hammered as traders are reacting to the idea that Americans and Iranians are speaking.
Oil From US Reserves Started Flowing Friday, Says Energy Secretary Wright
10:48am, Monday, 23'rd Mar 2026
US Energy Secretary Chris Wright says oil from the US strategic reserve started flowing on Friday afternoon. "Prices have not risen high enough yet to drive meaningful demand destruction,” Wright sa
CERAWEEK Oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright says
10:19am, Monday, 23'rd Mar 2026
Global oil prices have not climbed enough to cause demand destruction, U.S. Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston Texas.
Fed's Miran Still Backs Rate Cuts Despite Surging Oil Prices
09:55am, Monday, 23'rd Mar 2026
Federal Reserve Gov. Stephen Miran reaffirmed his preference for four interest rate cuts this year in support of the labor market despite rising oil prices.
Investors are piling back into shares after US president announces ‘very good and productive' conversations with Iran, sending oil price down
Why oil had been nearing peak even before Trump statement on Iran, according to top economists
07:44am, Monday, 23'rd Mar 2026
Well-respected economists Krugman and Brooks believe we are near to the peak in oil prices because demand destruction takes place if it goes much higher
Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure
07:29am, Monday, 23'rd Mar 2026
Oil prices fell by over 13% on Monday after U.S. President Donald Trump said he would order the military to postpone any strikes against Iranian power plants and energy infrast
Oil climbs after Trump issues Iran 48-hour ultimatum
05:44am, Monday, 23'rd Mar 2026
Goldman Sachs has upgraded its forecast for oil in 2026 by 10%
Natural Gas and Oil Forecast: Hormuz Risk Fears – Is WTI Ready to Moon?
04:40am, Monday, 23'rd Mar 2026
As Hormuz supply risks drive an energy premium, WTI reclaims $100 and Brent eyes $119. Read our forecast on whether this 50% rally has more room to run.
Goldman Lifts Oil Price Forecast on Longer Hormuz Disruption
04:38am, Monday, 23'rd Mar 2026
Brent crude is now expected to average $85 a barrel this year, up from a previous forecast of $77. The U.S. oil gauge West Texas Intermediate is seen at $79 a barrel from $72 earlier.
