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Buy USO
$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
Trump Says Iran War Agreement Is Close. Oil Prices Drop.
05:01am, Wednesday, 06'th May 2026
Brent crude and WTI prices were dropping as President Donald Trump said “great progress” had been made toward an agreement with Iran.
Oil Falls, Risk Sentiment Rises as U.S. Avoids Iran Escalation
04:30am, Wednesday, 06'th May 2026
U.S. stocks looked set to extend record highs after Trump walked back an effort to guide commercial ships through the Strait of Hormuz, easing concerns of a near-term escalation in the U.S.-Iran war.
Natural Gas and Oil Forecast: WTI Reclaims $100, Brent at $108 — More Upside Coming?
03:39am, Wednesday, 06'th May 2026
Energy markets are breathing easier as the US-Iran ceasefire enters its fourth week, allowing tanker traffic to resume through the Strait of Hormuz. Natural gas bounces off Fib support at $2.78 inside
Iran And China's Foreign Ministers Meet In Beijing As Trump Pauses ‘Project Freedom'
01:55am, Wednesday, 06'th May 2026
Araghchi arrived in Beijing early on Wednesday. Chinese state media reported the Iranian Foreign Minister held talks with Wang Yi, the highest-level in-person talks between the two countries since the
Commodities: Saudi Arabia Cuts Oil Prices for June
01:36am, Wednesday, 06'th May 2026
Saudi Arabia cut the price of its main oil grade for Asia next month from a record-high in May. The premium for next month is the second-highest on record as the war in the Middle East continues to
Oil prices fall as Trump pauses Hormuz escort effort
08:46pm, Tuesday, 05'th May 2026
Oil prices fell after President Donald Trump said the U.S. would pause its naval escort endeavor in the Strait of Hormuz. Trump, in a Truth Social post, said the decision was based in part on "the fac
Oil Falls on Hopes of U.S.-Iran Peace Deal
08:13pm, Tuesday, 05'th May 2026
Oil fell in early trade on hopes of a U.S.-Iran peace deal that could reduce supply disruptions.
Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz
07:52pm, Tuesday, 05'th May 2026
Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz would be paused, to buy more time to reach an agreement to end hostilit
Oil prices little changed as ceasefire holds and US crude stocks fall
07:11pm, Tuesday, 05'th May 2026
Oil was little changed at open on Wednesday morning after a volatile session on Tuesday with U.S. crude oil inventories falling for a third week in a row as the shaky Middle East ceasefire
Tuesday's Final Takeaways: Oil Prices & U.S. Data
06:00pm, Tuesday, 05'th May 2026
Marley Kayden discusses Coinbase (COIN) job cuts and crude oil prices as the U.S.-Iran fragile ceasefire still remains intact. Sam Vadas highlights that U.S. economic data did not show any impact from
There's one reason why $200-a-barrel oil can't be entirely ruled out
05:19pm, Tuesday, 05'th May 2026
This year's roughly 80% surge in oil prices has done little to diminish demand for crude globally
Crude Oil Price Forecast: Key Levels Define Next Move
04:40pm, Tuesday, 05'th May 2026
WTI crude oil holds near key moving average support, with price action approaching critical levels that could determine whether the next move is a breakout or deeper retracement.
Chevron CEO says economies 'are going to have to slow' as Strait of Hormuz closure disrupts oil supply
04:36pm, Tuesday, 05'th May 2026
Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.
Saudi Arabia cuts Arab Light June OSP for Asia
03:44pm, Tuesday, 05'th May 2026
Saudi Arabia has set the June Arab Light crude oil official selling price to Asia at $15.50 a barrel above the Oman/Dubai average, down from the previous month, Saudi
Iran LASHES OUT as US breaks control of CRITICAL oil route
03:15pm, Tuesday, 05'th May 2026
‘The Big Money Show' panel breaks down rising Iran tensions as U.S. forces secure the Strait of Hormuz, oil prices react and Americans face higher gas costs amid a volatile global energy fight. 0:00
