$48.13
+1.27 (+2.71%)
At Close: Jun 03, 2026
Iranian oil slips to discount on poor Chinese demand despite tighter supply
03:05am, Thursday, 04'th Jun 2026
Iranian oil prices slipped into discounts for the first time since April, while Russian crude premiums eased as traders cut prices to entice Chinese buyers amid sluggish demand, trade sources said.
Natural Gas and Oil Forecast: 9 Weeks of Ceasefire – WTI & Brent Defend Floors, NatGas Eyes $3.25?
01:39am, Thursday, 04'th Jun 2026
With geopolitical risk premium largely removed, oil benchmarks found support inside channels while natural gas maintained strength. WTI defended $95.53 with higher lows, Brent tested $97.18, and NatGa
Oil Price Forecast: WTI Eyes $100 as Iran Tensions Lift Brent
11:49pm, Wednesday, 03'rd Jun 2026
Oil prices remain supported as Iran tensions, Strait of Hormuz risks, and falling U.S. crude inventories keep WTI near a key breakout zone while Brent holds its bullish structure.
Oil falls as Lebanon and Israel agree to implement ceasefire
08:43pm, Wednesday, 03'rd Jun 2026
Oil prices eased on Thursday as Israel and Lebanon's ceasefire agreement boosted hopes for a broader deal to end the U.S.-Israeli war with Iran, while the U.S. House approved a resolution seekin
Oil Futures Fall on Possible Technical Correction
07:41pm, Wednesday, 03'rd Jun 2026
Oil futures fell in early Asian trade on a possible technical correction after crude futures rose for the third straight session overnight.
AI Memory "New Oil?" Noah Kann on Upside Potential in MU & Related Stocks
03:30pm, Wednesday, 03'rd Jun 2026
There's still plenty of room for AI memory stocks to run, both in the U.S. and abroad, says Noah Kann. He touches on the low valuations in companies like Micron (MU) in the U.S. and Samsung overseas,
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Attacks U.S. Bases In Bahrain And Kuwait
03:18pm, Wednesday, 03'rd Jun 2026
In turn, the U.S. attacked an empty oil tanker that was headed to Iran.
U.S. Crude Oil Stockpiles Post Sixth Straight Weekly Drop
11:09am, Wednesday, 03'rd Jun 2026
U.S. crude oil inventories extended their decline, falling by 8 million barrels, as exports rose and refineries ran near full capacity.
Crude Oil Price Analysis – Crude Oil Continues to React to Middle East Tensions
10:20am, Wednesday, 03'rd Jun 2026
Crude oil rallies early on Wednesday, as we continue to see a lot of headlines coming out of the Middle East that suggest we are nowhere near a resolution of tensions between the United States and Ira
Dow Jones to start lower and Nasdaq called higher as oil prices rebound on Iran fighting
08:38am, Wednesday, 03'rd Jun 2026
US stocks are set for an uneven start on Wednesday, as oil prices rebounded to their highest levels this week, ahead of a glut of macroeconomic data. Dow Jones futures were down 125 points, or 0.2%, w
The three reasons why oil is staying below $100 a barrel
07:56am, Wednesday, 03'rd Jun 2026
Three reasons why oil is staying below $100 a barrel. I can more easily make the case for $50 oil than $150 oil.
Oil prices rally for a third straight day as peace-deal hopes teeter
07:50am, Wednesday, 03'rd Jun 2026
WTI crude futures have risen nearly 10% in three days as hopes for a quick peace deal fade.
Kuwait could recover 70% of oil production in 6-8 weeks after Hormuz reopens, KPC executive says
07:17am, Wednesday, 03'rd Jun 2026
Kuwait could recover its oil production to almost 70% of normal levels in 6-8 weeks after the Strait of Hormuz reopens, Kuwait Petroleum Company's managing director for international marketing,
Russia's oil and gas revenue rises 32% y/y to $9.26 billion in May, data shows
06:25am, Wednesday, 03'rd Jun 2026
Russia's oil and gas tax revenue, which accounts for around a fifth of total budget income, increased by 32.4% year-on-year in May to 678.9 billion roubles ($9.3 billion), Finance Ministry data
U.S. Stock Futures Steady, Though Oil Rises on Mideast Escalation
04:42am, Wednesday, 03'rd Jun 2026
U.S. futures were mostly steady as stocks looked to extend the technology-led surge, even as continued Middle East escalation clouded sentiment in other sectors.
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