Sign In
Buy USO
$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
Oil Edges Higher; Trump Seeks to Quell Israel-Hezbollah Conflict
07:54pm, Monday, 01'st Jun 2026
Oil edged higher in early trade. President Trump on Monday aimed to quell a growing conflict between Israel and Hezbollah that threatened to derail U.S. peace talks with Iran.
Monday's Final Takeaway's: Crude Oil Climbing Again & SoftBank Shares Rally
06:00pm, Monday, 01'st Jun 2026
Marley Kayden explains why crude oil is climbing again as renewed Middle East tensions support prices. Sam Vadas breaks down the rally in SoftBank shares fueled by AI and OpenAI investment optimism.
New Iran Clashes Send Oil Prices and Bond Yields Surging
04:50pm, Monday, 01'st Jun 2026
Gains in tech stocks lifted the S&P 500, but nine of the 11 sectors fell.
Oil Prices Climbs on Uncertainty Over US-Iran Deal
04:37pm, Monday, 01'st Jun 2026
Oil rose from a six-week low as uncertainty continues over the outlook for a peace deal to end the US war in Iran and open the Strait of Hormuz. Bloomberg's Anthony di Paola reports.
Many big oil tankers remain stuck in Strait of Hormuz — and may not return once they escape
03:38pm, Monday, 01'st Jun 2026
There's doubt massive tankers, once the backbone of global crude flows, will be returning in quite the same numbers to the Middle East.
Outlook for Oil Past Point of Return? Analyzing Headwinds & Tailwinds in Energy
03:30pm, Monday, 01'st Jun 2026
Ellen Wald and Carly Garner discuss oil prices and geopolitical tensions, noting that the long-term outlook for oil has passed the point of return for supply concerns. Ellen says commercial stocks ser
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Worry That Iran Will Exit Negotiations
02:55pm, Monday, 01'st Jun 2026
President Trump said that Israel and Hezbollah agreed to a ceasefire and added that talks with Iran continued, but traders wanted to see additional confirmation.
Oil prices jump after US and Iran exchange strikes; Exxon exec warns inventories could reach ‘unheard of' lows
02:21pm, Monday, 01'st Jun 2026
The warning came as oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle East.
US crude exports hit record high in May as Iran war tightens global oil supplies
01:57pm, Monday, 01'st Jun 2026
U.S. crude exports climbed to a record 5.6 million barrels per day in May as the Middle East crisis pushed up demand for the country's oil from Asian and European refiners, ship tracking estimates
Could Bab Al-Mandeb Be The Next Strait Of Hormuz? Iran Suggests Targeting New Front
01:55pm, Monday, 01'st Jun 2026
Israel began fighting Hezbollah in Lebanon after the group came to Iran's aid when the war started on Feb. 28. Since peace negotiations began, Iran has insisted a ceasefire in Lebanon was a prerequisi
Nvidia Jumps on Vera Rubin News, but Market Indexes Stay Close to Flat Anyhow
01:38pm, Monday, 01'st Jun 2026
Nvidia announced its next-gen AI platform and surged 5%. But Apple, Amazon, Tesla, and Meta didn't get invited to the party, and oil prices are up. As a result, the top market indexes barely moved tod
Venezuela's oil exports rose to 1.25 million bpd in May, shipping data shows
01:00pm, Monday, 01'st Jun 2026
Venezuela's oil exports rose slightly to 1.25 million barrels per day (bpd) in May fueled by more cargoes to the United States, India and Europe, shipping data showed on Monday.
OPEC+ likely to raise July oil output target despite Hormuz disruption, sources say
10:55am, Monday, 01'st Jun 2026
OPEC+ oil-producing countries will likely agree a further hike in their output target for July when they meet on Sunday, three sources said, though the Iran war has so far prevented several from de
Crude Oil Price Analysis – Oil Looking to Stay in Large Range
10:27am, Monday, 01'st Jun 2026
Crude oil markets continue to look for momentum on Monday, as we are at the bottom of a massive consolidation range in both grades. Headlines continue to be a major driver of where we are going again.
Record Resources highlights production potential at Gabon's Loba oil field
10:16am, Monday, 01'st Jun 2026
Record Resources Inc (TSX-V:REC) announced that further geological and geophysical analysis of its Loba oil discovery in Gabon and nearby analogue fields suggests an initial production rate of more th
