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$36.64
+0.0800 (+0.219%)
At Close: Jun 18, 2026
Oil Supply to Rebound Strongly After Gulf Shock But Recovery Will Take Months, IEA Says
04:08am, Wednesday, 17'th Jun 2026
The Gulf oil supply shock is set to drag global oil demand sharply lower before flows through Hormuz gradually normalize, with supply expected to rebound to 8 million barrels a day in 2027.
Middle East crude slips into discounts as U.S.-Iran deal lifts supply outlook
02:48am, Wednesday, 17'th Jun 2026
The Middle East crude market weakened sharply this week, slipping into discounts, Reuters data showed, after the United States and Iran agreed a framework deal to reopen the crucial Strait of Hormu
Natural Gas and Oil Forecast: WTI Under $76 While Brent Tests $78 — NatGas Bullish Continuation?
01:30am, Wednesday, 17'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 $68.50, Brent tests channel
Oil Futures Rise on Likely Technical Recovery
07:41pm, Tuesday, 16'th Jun 2026
Oil futures rose in early Asian trade on a likely technical recovery after futures fell for a fourth consecutive session on Tuesday.
Tuesday's Final Takeaways: SPCX Extends Post IPO Rally, Oil Falls & CVNA Expands
06:00pm, Tuesday, 16'th Jun 2026
Marley Kayden talks about SpaceX (SPCX) extending its post IPO rally and continuing gains throughout the trading day. She also discusses falling oil prices and Carvana's (CVNA) expansion into a new ca
US crude stocks fall for ninth straight week, sources say
05:07pm, Tuesday, 16'th Jun 2026
U.S. crude oil inventories fell for a ninth straight week last week, according to market sources citing American Petroleum Institute data released on Tuesday, while gasoline stock
Crude Oil Price Forecast: Breakdown Extends Toward Key Support Zone
04:59pm, Tuesday, 16'th Jun 2026
Crude oil extends its decline after breaking key support levels, now approaching a major confluence zone near the 200-day and 200-week moving averages.
Oil Falls Below $80 For First Time in More Than Three Months
04:28pm, Tuesday, 16'th Jun 2026
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Stre
Potential Tropical Cyclone One forms off Texas coast, threatening dangerous flash flooding
02:49pm, Tuesday, 16'th Jun 2026
Potential Tropical Cyclone One has formed off the Texas coast, the U.S. National Hurricane Center said in a Tuesday advisory, warning of heavy rainfall and dangerous flash flooding along the energy
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 6% As Traders Prepare For The Flood Of Oil From The Middle East
02:45pm, Tuesday, 16'th Jun 2026
Oil markets are under strong pressure as traders bet on rising supply from Gulf countries.
U.S.-Iran deal allows Tehran to immediately sell oil, WSJ reports
12:01pm, Tuesday, 16'th Jun 2026
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end war, the Wall Street Journal repo
UCO: Leveraged Oil Futures In A Climate Of Fragile Peace
09:52am, Tuesday, 16'th Jun 2026
ProShares Ultra Bloomberg Crude Oil ETF offers 2x leveraged exposure to WTI crude futures, benefiting from persistent backwardation. UCO's NAV gains are driven by positive roll yield and leverage, wit
ECB's Lane says oil prices closer to baseline scenario after Iran deal
09:30am, Tuesday, 16'th Jun 2026
The announced agreement between the United States and Iran has brought down oil prices to somewhere between the European Central Bank's baseline and its mild scenario, chief economist P
Fed's First Interest Rate Meeting Under Warsh Begins as Crude Oil Trickles Lower
09:30am, Tuesday, 16'th Jun 2026
A memorandum of understanding between the U.S. and Iran is moving toward a Friday signing. Kevin Hincks believes it will offer reprieve to markets concerned of heightened inflation, expecting crude oi
Crude Oil Price Analysis – Oil Continues to Fall as Peace Likely
09:12am, Tuesday, 16'th Jun 2026
The oil markets continue to see a lot of selling pressure, as the idea of peace allowing the flow of oil providing relief to the markets.
