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Buy USO
$133.02
-3.72 (-2.72%)
At Close: Jun 05, 2026
Crude Oil Price Forecast: Recovery Above 200-Day Signals Upside Potential
04:54pm, Thursday, 05'th Feb 2026
Crude oil has reclaimed its 200-day average after forming a higher low, signaling strengthening momentum and opening the door to higher Fibonacci and measured-move targets.
Union asks workers at BP's Whiting, Indiana, oil refinery to prepare for strike or lockout
03:25pm, Thursday, 05'th Feb 2026
United Steelworkers is asking workers at BP's 440,000-barrel-per-day refinery in Whiting, Indiana, to prepare for a strike or lockout, the union said on Thursday after weeks of negotiations with the B
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Ahead Of U.S. – Iran Talks
01:40pm, Thursday, 05'th Feb 2026
Oil traders also react to global commodity market pullback.
BP seeks partner for one of the oldest Iraqi oil fields, Bloomberg News reports
12:08pm, Thursday, 05'th Feb 2026
BP is looking for a partner to help ramp up production and share some costs at one of the oldest Iraqi oil fields, Bloomberg News reported on Thursday, citing people with knowledge of the matter.
Oil Continues To Seesaw Above $60 In Risk On-Off Mode Over Iran
11:20am, Thursday, 05'th Feb 2026
Global oil prices continued to seesaw above $60 per barrel on elevated levels of geopolitical risk as the U.S. military build-up continues in the Middle East with Iran being the speculative target.
Oil Declines as US-Iran Negotiations Set for Friday
09:43am, Thursday, 05'th Feb 2026
Oil fell for the first time in three days after Iran confirmed it would hold talks with the US, easing the immediate risk of military strikes against the OPEC producer. Meanwhile, President Donald Tru
Kuwait Oil Co in talks with US operators to develop shale oil, gas resources
09:09am, Thursday, 05'th Feb 2026
Kuwait Oil Company is in talks with some U.S. firms including Devon Energy and EOG on potential cooperation to develop its shale oil and gas resources, its CEO said on Thursday.
Oil News: Iran Talks Cap Upside as Crude Oil Futures Hold on Inventory Support
08:41am, Thursday, 05'th Feb 2026
Crude oil futures ease as diplomacy efforts cap gains, with inventory draws and OPEC production risks supporting the oil outlook in this market analysis.
Oil Prices Fall Ahead of U.S.-Iran Talks. Why Volatility May Be Ahead.
08:37am, Thursday, 05'th Feb 2026
Global oil benchmarks fall as geopolitical tensions ease.
Crude Oil Price Analysis – Crude Oil Winding Up for a Bigger Move?
08:11am, Thursday, 05'th Feb 2026
Choppy and noisy behavior continues in this market, as the supply is strong in a lower demand environment – but one that is picking up slightly. Geopolitics continues to be a major factor as well.
ConocoPhillips misses quarterly profit estimates on weaker oil prices
07:05am, Thursday, 05'th Feb 2026
ConocoPhillips missed Wall Street estimates for fourth-quarter profit on Thursday, as lower crude prices countered a rise in oil production and cost-saving efforts.
Shell CEO: 2025 was 'by and large a very good year' for the oil major
06:15am, Thursday, 05'th Feb 2026
Shell CEO Wael Sawan says tax adjustments and weakness in its chemicals business hurt the oil major in the fourth quarter but that 2025 was a "very good year" for the company overall.
India's Reliance Industries buys 2 mln barrels of Venezuelan oil, traders say
05:21am, Thursday, 05'th Feb 2026
India's Reliance Industries has bought one very large crude carrier containing 2 million barrels of Venezuelan oil from trader Vitol at a discount of around $6.5-$7 per barrel to ICE Brent for April d
Indian Oil posts quarterly profit rise on lower crude prices
03:22am, Thursday, 05'th Feb 2026
Indian Oil Corp (IOC), the country's top refiner, reported a more than four-fold jump in third-quarter profit on Thursday, boosted by stronger refining margins as crude prices dropped.
Natural Gas and Oil Forecast: Dip Buyers Step In – Can WTI Hold $63 and Push Higher?
02:41am, Thursday, 05'th Feb 2026
Dip buyers support WTI near $63 as inventories fall and trend support holds, with traders watching whether oil can regain momentum toward $66.
