$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
European shares fall as fading US-Iran peace hopes lift oil prices
04:02am, Tuesday, 12'th May 2026
European shares fell sharply on Tuesday as fading hopes of a peace deal between the United States and Iran pushed oil prices higher and weighed on investor sentiment across the region. Markets remaine
Behind Big Oil's first-quarter beat: The quiet rise of trading desks
01:00am, Tuesday, 12'th May 2026
Oil and gas giants benefited significantly from their trading desks through the first quarter. These units are specialized divisions that buy, sell and transport physical oil and gas while managing pr
Oil Technical Analysis: Hormuz Disruption Risk Signals Bigger Move Ahead
12:26am, Tuesday, 12'th May 2026
Brent and WTI remain supported by tight supply and Middle East risk, with key technical levels signaling a possible breakout if tensions persist.
Oil prices rise as fragile US-Iran talks sustain supply worries
08:34pm, Monday, 11'th May 2026
Oil prices rose in early Asian trade on Tuesday as negotiations to end the war between the United States and Iran appeared fragile, with Tehran's response to a U.S. proposal highlighting stark diff
Oil Edges Higher as Markets Weigh Prolonged Hormuz Strait Closure
08:27pm, Monday, 11'th May 2026
Oil edged higher in early trade as markets weigh the prospects of a prolonged closure of the Strait of Hormuz,
Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
08:25pm, Monday, 11'th May 2026
President Donald Trump said the ceasefire with Iran was on "life support," after rejecting Tehran's latest proposal to end the war. Trump told reporters that the state of the ceasefire is "unbelievab
Oil price charts produced a pattern not seen in 36 years. What happened last time?
06:29pm, Monday, 11'th May 2026
The recent rally in oil prices may feel unique, but one technical measure says it's only been 36 years since the last time they've rallied so far so fast.
Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions
04:35pm, Monday, 11'th May 2026
Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.
US to loan 53.3 million barrels of oil from Strategic Petroleum Reserve
04:18pm, Monday, 11'th May 2026
The Trump administration said on Monday it will loan energy companies 53.3 million barrels of crude from the U.S. Strategic Petroleum Reserve as part of a global agreement to c
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 4% As Trump Says Ceasefire Is On “Life Support”
02:50pm, Monday, 11'th May 2026
Oil markets rallied as geopolitical risk premium increased.
TotalEnergies' CEO Says 500 Million Barrels Are Already Gone. Is It Too Late to Buy Oil Stocks?
02:15pm, Monday, 11'th May 2026
The world has used over 500 million barrels of oil from inventory since the war began. The inventory decline will continue long after the Strait of Hormuz reopens.
How prolonged Strait of Hormuz closure could lead to oil demand destruction
01:30pm, Monday, 11'th May 2026
May 11th, 2026 - Market Catalysts Yahoo Finance Chapters 00:00 Why markets are waiting on inflation and China 02:15 How the Iran conflict is impacting oil prices 05:11 Why inflation could move back to
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
12:49pm, Monday, 11'th May 2026
The oil market will not normalize until 2027 if the disruption in the Strait of Hormuz persists past the middle of June, Saudi Aramco CEO Amin Nasser said. The biggest challenge facing the market is t
Strait of Hormuz disruption could push oil market recovery into 2027, Aramco CEO says
11:51am, Monday, 11'th May 2026
Disruption to oil exports via the Strait of Hormuz is threatening to delay the market's return to normal until 2027, Saudi Aramco CEO Amin Nasser warned on Monday.
Crude Oil Price Analysis – Oil Continues to Jump on Headlines
10:39am, Monday, 11'th May 2026
Crude oil jumps but struggles early on Monday as traders continue to move to the latest headlines coming out of the Middle East.
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