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$36.64
+0.0800 (+0.219%)
At Close: Jun 18, 2026
Goldman Sachs says global oil demand takes big hit, sees risks to price forecast
05:28pm, Friday, 05'th Jun 2026
Goldman Sachs said in a note on Friday that global oil demand has declined more than expected, posing two-sided risks to its fourth-quarter 2026 Brent crude price forecast of $90 a barrel and WT
Record Resources sees major oil potential in Gabon – ICYMI
04:42pm, Friday, 05'th Jun 2026
Record Resources Inc (TSX-V:REC) earlier this week outlined the potential of its offshore Ngulu Block in Gabon, with management highlighting both a significant existing discovery and substantial explo
Iran's threats against this Red Sea chokepoint are a big vulnerability for the oil market
03:55pm, Friday, 05'th Jun 2026
Iran's Revolutionary Guard threatened this week to close the Bab el-Mandeb Strait, the trade chokepoint at the southern end of the Red Sea. The Bab el-Mandeb has acted as crucial relief valve for the
Oil Prices End The Week Lower On U.S.-Iran Diplomatic Moves
03:45pm, Friday, 05'th Jun 2026
Oil prices were in retreat on Friday after having risen for three straight sessions earlier in the week, as diplomatic overtures to bridge differences between the U.S. and Iran continue.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Dollar Rallies After NFP Report
02:40pm, Friday, 05'th Jun 2026
Oil markets are losing ground as traders prepare for the start of the rate hike cycle.
Global oil inventories depleted, next price spike could roil economies, markets
12:24pm, Friday, 05'th Jun 2026
Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another
Oil News: Oil Outlook Darkens as Dollar Surge Pressures Futures
12:21pm, Friday, 05'th Jun 2026
Crude oil prices weaken as Iran talks reduce supply risks, the dollar surges, and WTI falls below its 50-day moving average, signaling downside pressure.
Companies to add 40 mln barrels of oil to US SPR after Iran war ends, energy secretary says
12:11pm, Friday, 05'th Jun 2026
Companies that borrowed oil from the U.S. Strategic Petroleum Reserve in recent months will add an extra 40 million barrels of crude in the form of premiums after the conflict in Iran is over, U
Crude Oil Price Analysis – Crude Oil Drops with Lack of Headlines
11:04am, Friday, 05'th Jun 2026
Crude oil drops a bit in early trading on Friday, perhaps due to a lack of major headlines. That being said, this is a market that is still waiting for clarity from the Middle East.
OPEC+ Meets After UAE Exit
10:28am, Friday, 05'th Jun 2026
OPEC+ ministers gather on June 7 for their first bi-annual policy meeting since the United Arab Emirates left the alliance last month, against a backdrop of extraordinary disruption. While the group i
INDUSTRY WARNING: US oil inventories hit DANGEROUS territory
07:30am, Friday, 05'th Jun 2026
American Petroleum Institute CEO Mike Sommers joins 'Mornings with Maria' to warn that shrinking U.S. oil inventories and global supply disruptions could lead to higher gas prices for American consume
US oil exports surge, draining domestic crude inventories toward rock bottom
07:01am, Friday, 05'th Jun 2026
At the prairie town that calls itself the pipeline crossroads of the world, some 400 oil storage tanks sprawled across Cushing, Oklahoma, are nearly empty, drained by refiners worldwide to plug a m
Natural Gas and Oil Forecast: WTI Under $92 While Brent Tests $94 — Will NatGas Extend Gains?
05:56am, Friday, 05'th Jun 2026
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides below $92 after channel violation, Brent defends $94.69 support, and Natural Gas maintains posi
Oil Prices Slip as Iran Peace Hopes Outweigh Hormuz Fears Despite Israel, Hezbollah Strikes
04:11am, Friday, 05'th Jun 2026
Brent crude and WTI prices were shrugging off fighting in Lebanon as the market concentrates on the U.S.-Iran peace talks.
Meet the big winners of 2026 oil price volatility — and why their strategies are now shifting focus
03:45am, Friday, 05'th Jun 2026
Quantitative hedge funds have posted double-digit gains in 2026 boosted by strong trends across commodities, currencies and other asset classes. Energy has been a key driver of returns, with many stra
