$40.73
-0.407 (-0.99%)
At Close: Jun 18, 2026
Crude Oil Price Analysis – Oil Continues to See Range Play Out
11:06am, Tuesday, 09'th Jun 2026
The oil markets continue to see a lot of noise coming out of the Middle East as per usual, with this market worrying about supply and the latest military strikes. However, it looks like we are winding
Kuwait's oil stocks fall as two tankers exit Gulf, Kpler says
10:04am, Tuesday, 09'th Jun 2026
Kuwait's oil inventories have declined sharply as a result of two Very Large Crude Carriers (VLCCs) which exported crude through the Strait of Hormuz with their AIS transponders switched off, ac
Russian Urals oil flips to discount as Asian demand ebbs, sources say
09:15am, Tuesday, 09'th Jun 2026
Russian Urals crude has flipped to a discount against dated Brent at Indian and Chinese ports as a fall in demand from Asian refiners pressures prices, four trade sources said.
U.S. Exports Rose in April, as War with Iran Buoyed Oil Demand
08:51am, Tuesday, 09'th Jun 2026
Commerce Department data showed exports rose 2.6 percent in April to $327.1 billion.
Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence
08:29am, Tuesday, 09'th Jun 2026
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
A Rush to Stockpile Oil Will Keep Prices Higher for Longer
05:30am, Tuesday, 09'th Jun 2026
Countries will build larger emergency crude reserves to reduce their vulnerability to future energy shocks.
Oil Prices Fall as Iran and Israel Heed Trump's Call for Ceasefire
03:54am, Tuesday, 09'th Jun 2026
Brent crude and WTI prices were dropping on Tuesday as Iran and Israel agreed to end direct operations against each other.
Natural Gas and Oil Forecast: 10 Weeks of Ceasefire — WTI Channel Pressure, NatGas Bullish?
03:32am, Tuesday, 09'th Jun 2026
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $89.00, Brent tests channel
Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
12:59am, Tuesday, 09'th Jun 2026
Iraq and the UAE are fast-tracking alternative pipelines to reduce dependency on the Strait of Hormuz, which remains effectively shut. Oil comprised over half of Iraq's GDP in 2025 as the country rema
Oil Price Forecast: WTI and Brent Face Pressure Despite Middle East Risk
12:27am, Tuesday, 09'th Jun 2026
Oil prices remain under pressure as weak short-term technical signals offset the Middle East risk premium, while WTI and Brent stay volatile near key support areas.
Oil rises slightly as investors await clarity after Iran-Israel halt attacks
08:47pm, Monday, 08'th Jun 2026
Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt to hostilities following
Wavering Iran Tensions & Impacts on Crude Oil, Interest Rates
08:00pm, Monday, 08'th Jun 2026
John Deal and Melissa Armo discuss the Iran conflict and the spike in crude oil futures overnight after the Iran & Israel exchange fire. State media out of Iran says they will pull back military opera
Oil Edges Higher Amid Ongoing Supply Disruption Concerns
07:39pm, Monday, 08'th Jun 2026
Oil edged higher in early trade amid ongoing supply disruption concerns.
Monday's Final Takeaways: Oil Rises Amid Tension & NVDA Strengthens Ties
06:00pm, Monday, 08'th Jun 2026
Marley Kayden discusses rising oil prices as tensions between Israel and Iran escalate. Sam Vadas highlights Nvidia's (NVDA) growing ties with South Korea, aimed at securing memory supply and expandin
Oil prices are highly sensitive to the conflict in the Middle East because the longer it lasts the longer traffic will remain depressed in the Strait of Hormuz. Even if an agreement is hammered out so
Sign In
Buy PXJ