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$125.51
+1.55 (+1.25%)
At Close: Jul 20, 2026
Oil markets start to signal near-term oversupply as tankers exit Strait of Hormuz
02:50pm, Wednesday, 24'th Jun 2026
Prices of Brent crude oil for second-month delivery traded higher on Wednesday than prices for prompt delivery for the first time since the Iran war started in late February, signaling increased
Stocks Ignore Oil Slump as Tech, Fed, and AI Worries Weigh
01:07pm, Wednesday, 24'th Jun 2026
Oil has plummeted in June, but stocks haven't responded. That could isolate a key risk over the second half of the year.
US Energy Secretary Wright says 20 mln barrels of oil exited Hormuz in last 24 hours
01:03pm, Wednesday, 24'th Jun 2026
Some 20 million barrels of crude oil have exited the Strait of Hormuz in the last 24 hours, U.S. Energy Secretary Chris Wright said on Wednesday at the Reuters G
Oil Crashes, Gold Dumps, Stocks Yawn -- Oh, and Alphabet's Joining the Dow
12:57pm, Wednesday, 24'th Jun 2026
Oil crashed. Gold tanked. Stocks barely looked up from their proverbial phones. Meanwhile, the Dow is getting a major upgrade next week.
US oil executives see slight output growth, future outlook uncertain, survey says
12:39pm, Wednesday, 24'th Jun 2026
U.S. oil executives expect domestic oil production to increase slightly at current prices but said geopolitical uncertainties and regulatory issues cloud their outlook for long-term planning, accor
U.S. oil prices fall back to preconflict levels as physical flow through the Strait of Hormuz improves
12:22pm, Wednesday, 24'th Jun 2026
U.S. and global benchmark oil prices have dropped back to levels they haven't seen since before the U.S.-Israeli war with Iran started at the end of February, but it's not because risks associated wit
U.S. Crude Oil Inventories Fall, Product Stocks Rise
11:15am, Wednesday, 24'th Jun 2026
Commercial crude oil stocks fell by 6.1 million barrels for a ninth consecutive decline, while gasoline and distillate fuel stocks posted increases.
Crude Oil Price Analysis – Crude Oil Continues to Drop
09:42am, Wednesday, 24'th Jun 2026
Oil continues to see selling pressures on Wednesday, as we see a lot of celebrating of the peace that is coming. That being said, there will still be issues with the supply chain in the future.
Tech Crawls Back, U.S. Dollar Hits 52-Week High & Crude Oil Taps $70
09:40am, Wednesday, 24'th Jun 2026
Just as Micron (MU) readies to report earnings after Wednesday's closing bell, Kevin Hincks talks about his expectations for the overall tech trade ahead of the open. Equites do face pressure from the
US CFOs in survey say firms mostly absorbed oil price shock
07:35am, Wednesday, 24'th Jun 2026
The U.S.-backed war against Iran touched off fears of stagflation last spring, but most company finance chiefs in a recent Federal Reserve survey said the resulting spike in energy costs prompted o
More stranded oil tankers exit Hormuz, adding to global supply
06:32am, Wednesday, 24'th Jun 2026
Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping data showed, as the interim deal between Iran and t
Amid 2026 Energy Chaos, Oil And Gas Giants Prosper
06:10am, Wednesday, 24'th Jun 2026
What a frustrating time to be a giant oil and gas company. Somehow, despite President Donald Trump's war against Iran bringing about the greatest oil supply shock of all time, trapping 10% of global s
Moscow oil refinery hit by drone attacks is unlikely to resume production this year, sources say
06:01am, Wednesday, 24'th Jun 2026
Moscow's oil refinery will be offline for at least six months after suffering extensive damage in Ukrainian drone attacks, two industry sources said on Wednesday, complicating Russian efforts to ta
Trump Calls for Lower Gasoline Prices as Oil Prices Fall on Hormuz Reopening
04:09am, Wednesday, 24'th Jun 2026
Brent and WTI prices were dropping Wednesday as more ships transit the Strait of Hormuz. President Donald Trump wants to see steeper drops in gas prices.
Buccaneer Energy reserves rise 18% as bank lifts oil price assumption
03:03am, Wednesday, 24'th Jun 2026
Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1), the oil and gas company with production and development assets in Texas, said its proved reserves rose 18% in an independent review tied to its bank credit f
