$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
$100 Oil Could Be Here to Stay, Whatever Happens With the Peace Deal
03:48pm, Wednesday, 06'th May 2026
A return to normal operations in the Middle East could take months.
Oil supply shock to worsen as inventories fall further even if conflict ends
03:03pm, Wednesday, 06'th May 2026
Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will take weeks for oil shipments to resume from the Middle East Gul
IRAN BREAKTHROUGH: Trump HALTS major military move as deal CLOSES IN
02:45pm, Wednesday, 06'th May 2026
‘The Big Money Show' reacts to President Donald Trump pausing ‘Project Freedom' as the U.S. and Iran near a deal to end the conflict, sending oil prices lower and opening a 48-hour window for fina
USO and BNO Have Soared 100% Plus in 2026, Here's the Better Pick for Next
02:44pm, Wednesday, 06'th May 2026
Crude oil cleared $100 a barrel multiple times in April 2026, and the move was not subtle.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 8% As U.S. And Iran Evaluate A Potential Deal
02:44pm, Wednesday, 06'th May 2026
Recent reports indicate that U.S. – Iran negotiations may restart next week in Islamabad.
Oil tanks in the US will run dry, Jeff Currie says
02:22pm, Wednesday, 06'th May 2026
"I've never seen anything like it before." Oil storage tanks in the United States will run empty "somewhere in the July 4 period," Carlyle's Jeff Currie tells Francine Lacqua https://www.bloomberg.com
Oil Prices Tumble as US-Iran Diplomatic Efforts Gain Traction
11:19am, Wednesday, 06'th May 2026
Oil briefly dips below $100 as markets react to renewed hopes of a US, Iran deal. Bloomberg's Mia Gindis breaks down why traders may be overreacting, how thin market participation is distorting prices
U.S. Crude Oil Stockpiles Fall for Second Straight Week
11:14am, Wednesday, 06'th May 2026
Commercial crude-oil inventories excluding the Strategic Petroleum Reserve were down by 2.3 million barrels in the week ended May 1, the EIA said. The withdrawal was in line with the forecast in a Wal
Time for Short-Term U.S. Treasury ETFs?
11:01am, Wednesday, 06'th May 2026
Geopolitical risks and rate outlook boost appeal of short-term U.S. Treasury ETFs as investors seek stability amid volatile equity and oil markets.
PROJECT FREEDOM: Trump STEPS IN to PROTECT ships in Hormuz
10:45am, Wednesday, 06'th May 2026
U.S. Energy Secretary Christopher Wright discusses President Donald Trump's ‘Project Freedom,' oil prices, Strait of Hormuz security and California energy policy on ‘Mornings with Maria.' #foxbusi
Crude Oil Price Analysis – Oil Plunges on Signs of Peace to Test Support
10:24am, Wednesday, 06'th May 2026
The light sweet crude oil market has plunged early on Wednesday as we get news that the Americans and Iranians might be closer to peace.
US Oil Storage Tanks to Run Empty Around July 4, Currie Says
09:59am, Wednesday, 06'th May 2026
Carlyle Senior Advisor Jeff Currie discusses the ongoing disruption in oil markets, saying storage tanks will run empty in Europe "sometime in the month of May" and in the US "somewhere in that July 4
The Petroleum Inventory Crash: $200+ Oil Is Coming Soon
09:46am, Wednesday, 06'th May 2026
Global petroleum inventories are being depleted at a record pace, with critical shortages likely within weeks, even if the Strait of Hormuz reopens imminently. OECD crude oil inventories are projected
US Gasoline at $5 'Not Likely', Oil Analyst Schork Says
09:02am, Wednesday, 06'th May 2026
Stephen Schork, principal and editor at The Schork Group, explains how a potential deal to end the Iran war can impact the global oil market and why US gasoline prices are unlikely to reach $5 a gallo
Airlines trim 13,000 May flights as jet fuel costs spike globally
08:43am, Wednesday, 06'th May 2026
Global airlines have cut around 13,000 flights scheduled for May, as surging jet fuel prices driven by the Middle East conflict force carriers to trim capacity and reassess operations. The cancellatio
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