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Buy USO
$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
US crude oil exports rose last week to record high, EIA says
11:11am, Wednesday, 29'th Apr 2026
U.S. crude oil exports rose to 6.438 million barrels per day last week, the highest on record, data from the Energy Information Administration showed on Wednesday.
Jet fuel bidding war breaks out as airlines confront ‘global stress test' over shortages and cancellations
09:03am, Wednesday, 29'th Apr 2026
Europe faces an acute logistics problem as the Iran war severely restricts flows from the Middle East. The International Energy Agency earlier this month warned that Europe could run out of jet fuel i
Russian oil exports steady in April despite attacks, may rise in May, sources say
08:43am, Wednesday, 29'th Apr 2026
Russia has managed to keep crude oil loadings at its key western ports in April at March levels despite ongoing drone attacks, and May could see even an increase, according to trade and industry �
The key global oil contract tops $115 as Strait of Hormuz impasse continues
07:44am, Wednesday, 29'th Apr 2026
Oil futures rallied further Wednesday, with the key contract nearing its highs reached in the early days of the Iran war with little progress made on getting oil tankers through the Strait of Hormuz.
Spot crude premiums ease from record highs despite Hormuz closure
05:36am, Wednesday, 29'th Apr 2026
Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are drawing on inventories and cutting back processing to cope with lost Middle East
Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $115 per barrel
05:29am, Wednesday, 29'th Apr 2026
Oil prices rose on Wednesday amid fears about prolonged shipping disruption through the strategically vital Strait of Hormuz. Brent crude futures briefly topped $115 per barrel, while WTI futures clim
Russia says UAE's exit from OPEC will increase global production, bring down oil prices in future
05:14am, Wednesday, 29'th Apr 2026
Russian Finance Minister Anton Siluanov said on Wednesday that the decision by the United Arab Emirates to leave OPEC will mean the oil-producing countries will boost production, bringing down g
Natural Gas and Oil Forecast: Geopolitical Risks Fuel Oil Tightness, NatGas Faces Oversupply
04:32am, Wednesday, 29'th Apr 2026
Strait of Hormuz closure cuts 20% of global oil supply, tightening balances, while US gas storage surges to record highs.
Nasdaq leads Wall Street lower as chip stocks tumble, oil rises
04:13am, Wednesday, 29'th Apr 2026
4:15pm: Stocks close lower Wall Street lost momentum on Tuesday, with the Dow, S&P 500 and Nasdaq all closing lower as weakness in chip stocks weighed heavily on sentiment, while oil prices pushed hig
UAE exit shakes OPEC - But will it really change oil prices?
04:08am, Wednesday, 29'th Apr 2026
Amrita Sen, founder and director of market intelligence at Energy Aspects discusses UAE's decision to leave OPEC and how the justification seems intriguing given the oil supply constrain all OPEC memb
Oil Prices Rise as Trump Calls for Iran Blockade Extension, OPEC Fractures. What to Know.
03:36am, Wednesday, 29'th Apr 2026
Brent crude and WTI prices were rising Wednesday as investors assess developments in the Iran war and OPEC.
Gold vs. Bitcoin: Oil Shock Drives Market Divergence as BTC Gains Strength
02:31am, Wednesday, 29'th Apr 2026
Oil-driven inflation and growth risks are creating a clear split between gold and Bitcoin, as gold stays defensive while Bitcoin gains momentum from liquidity support and a stronger BTC-to-gold ratio.
Oil rises on reports US will extend Iran blockade, prolonging Mideast supply disruptions
10:06pm, Tuesday, 28'th Apr 2026
Oil prices rose on Wednesday, extending a multi-day rally, on reports the U.S. will extend its blockade of Iranian ports, likely prolonging supply disruptions from the key Middle East producing reg
Oil Falls on UAE's Plan to Exit OPEC, But Mideast Tensions Limit Decline
08:38pm, Tuesday, 28'th Apr 2026
Oil fell in early trade on the UAE's plan to exit OPEC, which would allow the country to produce more oil than the cartel currently permits.
Crude Oil Price Forecast: Breakout Signals Bullish Continuation Setup
05:12pm, Tuesday, 28'th Apr 2026
Crude oil's breakout above key resistance and reclaim of the 20-day moving average suggest bullish continuation, with Fibonacci targets pointing toward higher resistance zones ahead.
