NYSEARCA:UCO

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At Close: Jun 10, 2026
President Joe Biden sought to discourage Israel from attacking Iran's oil fields, even as he said the country has the right to respond after Tehran's ballistic-missile barrage earlier this week. “
Oil traders decided to take some profits off the table ahead of the weekend.
The likelihood of direct conflict between Iran and Israel is "quite likely," according to Galimberti, and markets are beginning to factor this risk into prices, anticipating "a big supply disruption"
The likelihood of direct conflict between Iran and Israel is "quite likely," according to Galimberti, and markets are beginning to factor this risk into prices, anticipating "a big supply disruption"
Exxon Mobil (XOM, Financial) is set to report its Q3 results in late October, highlighting the impact of declining oil prices and weaker refining margins on its earnings. The company anticipates a hit
Helima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack on Iranian oil facilities, where Iran's oil exports are going, and much mor
Daan Struyven, Goldman Sachs' head of oil research, discusses the conditions in which that might happen.
Analysts have identified Iran's Gulf Star refinery and Kharg Island export terminal as potential high-impact targets amidst heightened Middle East tensions. Recent updates suggest Iran has evacuated a
The effects of Middle East turmoil are small so far, but could spike if Israel targets Iran's oil facilities, Patti Domm writes in a guest commentary.
The crude oil market bounced a bit during the week, as the market continues to bounce back and forth in a well-defined range that we have seen over the last two years. With this, I suspect this is a m
Despite geopolitical tensions, the market remains resilient due to strong fundamentals and the resolution of the dockworkers' strike with a 62% pay increase. The 8% rise in crude oil prices is a conce
The crude oil market rallied again in the early hours of Friday, as we continue to see a lot of pressure to the upside, and reaction to the increasingly dangerous situation in the Middle East. At this
Though oil prices have surged this week on geopolitical tensions, they have risen from a low baseline.
The only truly predictable thing about predicting oil prices is that they are stubbornly unpredictable. Anyone able to accurately and consistently predict the direction of oil prices would soon become
Oil futures added to gains Friday, on track for a sharp weekly rise as traders awaited Israel's response to a missile attack by Iran earlier this week.
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