$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
Natural Gas and Oil Forecast: US Production vs OPEC+ Cuts — Can WTI Hit $109 Before Pullback?
02:33am, Tuesday, 05'th May 2026
Geopolitical risks in the Middle East keep Brent crude supported near $114 while WTI clings to $104 channel support. Natural gas breaks lower as storage injections beat norms and summer cooling demand
Oil Futures Fall on Possible Technical Correction
09:14pm, Monday, 04'th May 2026
Oil futures fell in early Asian trade on a possible technical correction after WTI and Brent futures settled markedly higher on Monday.
Oil slides as traders assess Middle East developments with Iran attacks keeping markets jittery
08:37pm, Monday, 04'th May 2026
Oil prices declined on Tuesday, retreating from sharp gains in the previous session. Traders continued to assess the risk of immediate supply disruptions amid renewed U.S.-Iran tensions.
US crude eases 1% as traders weigh supply risks
06:13pm, Monday, 04'th May 2026
U.S. crude futures eased 1% in early Asian trade on Tuesday as the market gauged the impact of Iranian attacks on ships in the Strait of Hormuz and a fire at a UAE oil port.
Chevron CEO says physical shortages in oil supply to begin appearing
04:32pm, Monday, 04'th May 2026
Chevron Chairman and CEO Mike Wirth said on Monday that physical shortages in oil supply would begin appearing around the world because of the closure of the Strait of Hormuz, thr
Oil Soars, Stocks Fall With Tensions Rising in Strait of Hormuz
04:19pm, Monday, 04'th May 2026
Oil prices rose sharply and stocks fell after fighting in the Iran war flared for the first time in weeks.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Strikes A Petroleum Complex In Fujairah
02:56pm, Monday, 04'th May 2026
Oil prices soar as traders focus on escalation in the Middle East.
Goldman says global oil stocks approaching eight-year low, depletion speed a concern
02:52pm, Monday, 04'th May 2026
Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the speed of depletion was becoming a concern as supplies through the Strait of Ho
US crude, products inventories seen down last week
01:18pm, Monday, 04'th May 2026
U.S. crude oil stockpiles were expected to have fallen last week, while distillate and gasoline inventories also likely fell, a preliminary Reuters poll showed on Monday.
Dow tumbles 400 points, oil spikes 5% as Iran tensions stoke fear on Wall Street
12:40pm, Monday, 04'th May 2026
The action was stronger in the oil market, where the price for a barrel of Brent crude leaped 5.7% to $114.28.
Oil Rises as US Hormuz Plan Leaves Shipowners Guessing
11:07am, Monday, 04'th May 2026
Oil rose once again on signs of heightened tensions in the Strait of Hormuz as Iran attacked a tanker with drones. Ellen Fraser, Partner and Energy Expert at Baringa, discusses oil's continued supply
Russian oil price used in tax calculations rises to $95/bbl in April, highest since September 2014
10:54am, Monday, 04'th May 2026
Average Russian oil price used for taxation purposes increased in April to $94.87 per barrel, highest since September 2014, according to the economy ministry's data published on Monday,
Crude Oil Price Analysis – Oil Rallies Early on Monday
10:42am, Monday, 04'th May 2026
The oil markets continue to see a lot of noise, as the concerns about the idea of the Strait of Hormuz being “opened” by the American military has traders concerned.
Oil Prices Flat As U.S. Starts ‘Project Freedom' In Strait Of Hormuz
09:45am, Monday, 04'th May 2026
Oil prices moved sideways on Monday after U.S. president Donald Trump said the country's navy would attempt to ease the disruption caused by Iranian threats to the Strait of Hormuz.
Spot gold softer in thin trade as oil rebound, U.S.-Iran uncertainty cloud rate outlook
09:43am, Monday, 04'th May 2026
Spot gold prices are lower and spot silver prices are also weaker in early U.S. trading Monday, pressured by a firmer inflation-risk backdrop as crude oil prices rebounded on renewed Persian Gulf tens
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