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Buy USO
$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
Oil News: Crude Oil Futures Surge as Trump Warns Iran Over Hormuz
06:51am, Friday, 15'th May 2026
Crude oil futures jump as Trump warns Iran, tightening Strait of Hormuz risks and falling U.S. inventory fuel bullish oil prices outlook.
Capital Economics sees oil at $150 per barrel through 2027 in an extreme case
06:45am, Friday, 15'th May 2026
Capital Economics said that in an extreme scenario where the Iran war escalates, Brent crude prices could rise above $150 a barrel and remain around that level until the end of 2027.
Russian seaborne oil product exports fell in April amid drone attacks, data from industry sources shows
05:53am, Friday, 15'th May 2026
Russia's seaborne oil product exports in April fell 9.8% month-on-month and 17% from a year ago to 7.77 million metric tons, data from industry sources and Reuters calculations showed on Friday,
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
05:19am, Friday, 15'th May 2026
The West-East pipeline, which will double ADNOC's export capacity through Fujairah, is expected to be operational in 2027. Global energy supplies are under pressure amid the Iran war, and flows throug
Oil Prices Surge to End Bad Week After U.S.-China Summit Fails to Reopen Hormuz
04:56am, Friday, 15'th May 2026
Both countries agreed that the Strait of Hormuz must remain open, according to a White House statement.
Natural Gas and Oil Forecast: WTI Pulls Back to $98.75 as Brent Stays Resilient — NatGas Eyes Breakout?
04:01am, Friday, 15'th May 2026
With geopolitical risk premium largely removed, oil and natural gas trade on supply-demand dynamics. WTI retreats to channel support at $98.75, Brent defends $107 with higher lows intact, and Natural
UAE to accelerate oil pipeline project to help bypass Hormuz
03:48am, Friday, 15'th May 2026
The United Arab Emirates will accelerate construction of a new oil pipeline to double its export capacity through Fujairah by 2027, the government's Abu Dhabi Media Office said on Friday, vastly ex
Oil prices jumps after Trump says China agreed to buy U.S. crude following Xi talks
10:45pm, Thursday, 14'th May 2026
Oil prices rose after Trump said China agreed to buy U.S. crude. Beijing had not confirmed the purchases or responded to CNBC requests.
The World Is Burning Through Its Oil Safety Net
10:00pm, Thursday, 14'th May 2026
Global oil inventories have fallen at a record pace during the Iran war, and oil executives and analysts predict a reckoning within weeks if the Strait of Hormuz remains shut.
China to buy U.S. oil to feed its 'insatiable appetite,' Trump tells Fox News
09:56pm, Thursday, 14'th May 2026
Trump and Chinese President Xi Jinping are scheduled to meet Friday to close out a two-day summit that has featured pageantry and dealmaking.
Trump says China wants to buy oil from US
09:40pm, Thursday, 14'th May 2026
U.S. President Donald Trump said China wants to buy oil from the United States.
Oil Prices Higher Amid Limited Flows Through Strait of Hormuz
09:24pm, Thursday, 14'th May 2026
Oil prices were higher in early Asian trade, boosted by strong demand.
Oil rises as fears of ship attacks and seizures persist
09:07pm, Thursday, 14'th May 2026
Oil prices rose Friday as market concerns persisted over ship attacks and seizures despite Iran saying about 30 vessels had passed through the Strait of Hormuz, while the U.S. and Chinese presid
Crude Oil Price Forecast: Triangle Consolidation Builds Pressure
04:47pm, Thursday, 14'th May 2026
Crude oil consolidates within a symmetrical triangle as Fibonacci levels and key moving averages define critical support and resistance zones ahead of a potential breakout.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders React To Trump – Xi Meeting
02:45pm, Thursday, 14'th May 2026
Oil markets are swinging between gains and losses as traders focus on Trump's recent comments.
