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$41.14
-0.86 (-2.05%)
At Close: Jun 17, 2026
US awards contracts for 45.2 million barrels of oil from strategic reserve
06:32pm, Friday, 20'th Mar 2026
The U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of oil from the Strategic Petroleum Reserve(SPR) as of Friday.
Here's Why Oil Prices May Remain High Even If the Iran War Ends
05:10pm, Friday, 20'th Mar 2026
Three weeks into the “four to five week” U.S.-Israeli war in Iran, the long-term implications for oil markets and economies are coming into focus.
UBS raises oil price forecasts at Middle East conflict escalates
03:09pm, Friday, 20'th Mar 2026
UBS analysts have increased their near-term oil price forecasts, citing an escalating conflict in the Middle East and the extended closure of the Strait of Hormuz. The analysts now expect Brent crude
Mexico's Pemex taking 'wait-and-see' approach on exports as oil prices climb, minister says
02:55pm, Friday, 20'th Mar 2026
Mexican state-run oil firm Pemex (PEMX.UL) is waiting to see how oil prices behave in the mid-term before altering its strategy on crude exports, Finance Minister Edgar Amador told Reuters �
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Rejects Negotiations On The Strait Of Hormuz
02:27pm, Friday, 20'th Mar 2026
Iran wants the U.S. and Israel to stop the military operation before the country will be ready to discuss the reopening of the world's key oil route.
Oil Is the Macro Variable That Matters Most Right Now
02:21pm, Friday, 20'th Mar 2026
1. Oil's Outsized Role in the Global Economy Crude oil remains the backbone of the global economy. Despite the accelerating energy transition to cleaner alternatives, oil still accounts for roughly 30
Frank Talk: Oil shock sends yields higher and gold lower
01:59pm, Friday, 20'th Mar 2026
Gold's recent weakness is a short-term anomaly driven by an oil-induced surge in interest rates and the U.S. dollar, not a breakdown of its long-term safe-haven role.
US drillers cut oil and gas rigs for first time in three weeks, says Baker Hughes
01:31pm, Friday, 20'th Mar 2026
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Frida
Crude Oil Weekly Price Analysis – Oil Has Noisy Week
12:46pm, Friday, 20'th Mar 2026
The WTI crude oil market has been very noisy this week, as we have seen WTI go negative.
Opinion | Time to Take Oil out of Newsom's Hands
11:41am, Friday, 20'th Mar 2026
California governance on energy is starting to pose a national security risk.
A US Oil Export Ban Would Be Catastrophic, Schork Says
11:36am, Friday, 20'th Mar 2026
Stephen Schork, principal and editor of The Schork Group, say a US ban on exporting oil would be catastrophic and would be a political tool. He speaks on "Bloomberg Surveillance.
India HPCL buys 2 million barrels of West African oil for early May, sources say
11:06am, Friday, 20'th Mar 2026
India's state-run Hindustan Petroleum has bought 2 million barrels of Angolan oil via a tender, three trade sources said, as reduced availability of costly Middle Eastern oil leads Indian refine
Crude Oil Price Analysis – Crude Oil Continues to Chop in Nervous Market Conditions
11:02am, Friday, 20'th Mar 2026
Crude oil continues to watch the war and the latest shipping obstructions in the Persian Gulf.
Oil News: Crude Oil Futures Stabilize as $94.53 Pivot Defines Short-Term Outlook
09:55am, Friday, 20'th Mar 2026
Crude oil futures hold near the $94.53 pivot as balanced supply and demand offset Iran risks, leaving oil outlook neutral with traders focused on key support.
Oil Setting "Tone" on Triple Witching Day: Brace for Volatility Ramp
08:47am, Friday, 20'th Mar 2026
"Oil is going to determine the tone for today," says Kevin Green, as he talks about the latest headlines that he expects to rattle investors Friday. Also brace for lots of volume on the options front
