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Buy USO
$125.51
+1.55 (+1.25%)
At Close: Jul 20, 2026
Crude Oil Price Forecast: Bearish Breakdown of Symmetric Triangle Continues
05:06pm, Thursday, 11'th Jun 2026
Crude oil breaks below a symmetrical triangle and key moving averages, signaling emerging downside risk as multiple support zones and Fibonacci levels come into play.
Canada oil outages and bad weather to tighten inventories at key US storage hub
04:22pm, Thursday, 11'th Jun 2026
Wet weather and a power outage at a major oil sands producer have contributed to crude export supply tightness out of Western Canada, which could tighten supplies to the key Cushing storage hub
Oil tanker CEO sees Hormuz traffic quickly increasing when strait reopens
01:00pm, Thursday, 11'th Jun 2026
Frontline CEO Lars Barstad said oil tanker traffic through the Strait of Hormuz should quickly increase if the U.S. and Iran reach a credible deal. The Gulf states are desperate to increase their oil
Retired Gen. Kimmitt: Hormuz, Lebanon Are ‘Diversions'
11:19am, Thursday, 11'th Jun 2026
Oil prices increased by about 2% following escalated threats from the US President to 'hit Iran hard' after delays in peace negotiations. Retired US Army Brigadier General Mark Kimmit, Former Assistan
Crude Oil Price Analysis – Oil Continues to See Volatile Moves
11:19am, Thursday, 11'th Jun 2026
Crude oil continues to be very noisy on Thursday, as headlines are still a major driver.
Dow jumps 246 points as chip stocks rebound despite Iran tensions
09:42am, Thursday, 11'th Jun 2026
US stocks opened higher on Thursday as investors returned to beaten-down technology shares following a sharp selloff, though gains were tempered by rising geopolitical tensions in the Middle East and
OPEC Lowers This Year's Oil-Demand Forecast
08:48am, Thursday, 11'th Jun 2026
The Organization of the Petroleum Exporting Countries cut its oil demand estimates for this year as the U.S. blockade on Iran and near-closure of the Strait of Hormuz continue to curb production from
Trump drops MASSIVE oil claim sending SHOCKWAVES through the markets
08:30am, Thursday, 11'th Jun 2026
Axis President and CEO Vince Tizzio joins 'Mornings with Maria' to break down rising security threats in the Strait of Hormuz, the impact on global oil markets and the role insurers play in protecting
OPEC again lowers 2026 global oil demand growth forecast
08:01am, Thursday, 11'th Jun 2026
OPEC on Thursday lowered its forecast for world oil demand growth in 2026 to 970,000 barrels per day, a copy of its monthly report showed, marking the second straight downward revisi
Russian seaborne oil product exports fell slightly in May, data from industry sources shows
06:50am, Thursday, 11'th Jun 2026
Russia's seaborne oil product exports fell by 0.2% on a daily basis in May from April to 8.016 million metric tons, according to industry sources and Reuters calculations.
Singapore's oil product inventories slump to near 13-year low
05:43am, Thursday, 11'th Jun 2026
Oil product stocks in Asia's key trading hub Singapore fell to their lowest levels in nearly 13 years, led by a sharp drawdown in residual fuel inventories as the Middle East conflict continues,
China learns to live on less fuel, to the relief of oil markets
05:11am, Thursday, 11'th Jun 2026
Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world's largest importer, needs much less fuel than previously thought.
Saudi July crude supply to China to remain at record low
04:49am, Thursday, 11'th Jun 2026
Saudi Arabia's crude oil sales to China are expected to remain at record lows in July as elevated prices in the wake of the U.S.-Israeli war on Iran continue to weigh on demand from the world's
Once an Arab oil embargo victim, US becomes world's top oil exporter
01:04am, Thursday, 11'th Jun 2026
The United States has become the world's largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies' grip on energy markets
Oil Price Forecast: Brent and WTI Eye Breakout as Strait of Hormuz Risk Grows
12:28am, Thursday, 11'th Jun 2026
Oil prices remain supported as Strait of Hormuz risks and the U.S.-Iran conflict keep supply fears high, while Brent and WTI approach key breakout levels.
