Sign In
Buy USO
$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
04:17pm, Tuesday, 28'th Apr 2026
OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the producer alliance is likely to stick together and
How the United Arab Emirates' shocking OPEC exit could drive down gas prices
04:01pm, Tuesday, 28'th Apr 2026
The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1 – a shocking blow to the world's largest oil cartel that could help drive down gasoline prices.
UAE's shock OPEC exit: What it means for the oil cartel's future and for crude prices
03:17pm, Tuesday, 28'th Apr 2026
The UAE's exit from OPEC will undermine the cartel's ability to influence the oil market. This is because the UAE is second only to Saudi Arabia when it comes to spare production capacity, a crucial t
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 3% As UAE Leaves OPEC
02:23pm, Tuesday, 28'th Apr 2026
Oil markets keep moving higher as the Strait of Hormuz remains closed.
Explainer: What is OPEC+ and how does it affect oil prices?
12:52pm, Tuesday, 28'th Apr 2026
The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on Tuesday.
SHOCK FORECAST: Oil prices could drop fast after deal
12:45pm, Tuesday, 28'th Apr 2026
The Lonski Group President John Lonski examines the impact of oil prices on the markets and economy amid Middle East tensions and what the Federal Reserve could look like under Kevin Warsh on 'Varney
US pump prices near 4 year high on Iran war disruption, refinery outages
12:18pm, Tuesday, 28'th Apr 2026
The average U.S. gasoline price rose to its highest level in nearly four years, jumping more than 40% since the U.S. and Israel attacked Iran at the end of February, according to data from the A
UAE energy chief explains decision to leave OPEC as Hormuz crisis deepens
12:01pm, Tuesday, 28'th Apr 2026
The United Arab Emirates will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the world's largest oil producers, particularly those in the Middle East. Ener
UAE quits OPEC. Here's what it means for the oil prices and the economy.
09:32am, Tuesday, 28'th Apr 2026
The decision by the United Arab Emirates on Tuesday to quit the Organization of Petroleum Exporting Countries is a sign the cartel is losing its grip on the ability to control the worldwide supply and
Goldman Hikes Oil Forecasts Again as Hormuz Shock Builds
09:05am, Tuesday, 28'th Apr 2026
Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research, joins Bloomberg Businessweek Daily to discuss his team's latest oil outlook. Struyven and his team upgraded Brent to $90/barrel by
Crude Oil Price Analysis – Oil Jumps Again on Tuesday
08:07am, Tuesday, 28'th Apr 2026
The crude oil market continues to see a lot of noise, as the Middle East situation continues to be very fluid, driving risk appetite back and forth as headlines and rumors are an issue.
Global oil contract tops $110 after reports that Trump unhappy with proposal from Iran to end war
05:27am, Tuesday, 28'th Apr 2026
Brent crude futures for June delivery climbed to about $111 a barrel as the endpoint of the conflict remains unclear
Oil Back Above $111 as Peace Talks Remain Stalled
04:18am, Tuesday, 28'th Apr 2026
Markets traded nervously after the U.S. expressed skepticism in response to a peace offer from Iran. U.S. stock futures slipped, Treasury yields pushed higher and precious metals slipped.
Saudi Arabia may lower June oil prices to Asia from record levels
04:15am, Tuesday, 28'th Apr 2026
Saudi Arabia might cut its official June crude selling prices (OSP) to Asia from record levels as spot premiums eased and as demand cooled after weeks of supply disruption from the U.S.-Israeli
Natural Gas and Oil Forecast: WTI Stalls at $98 While Brent Awaits Triangle Breakout
03:15am, Tuesday, 28'th Apr 2026
Market Overview Geopolitical tensions are running high with US-Iran peace talks stuck in neutral – which basically means the Strait of Hormuz remains largely shut down. This is a big deal since it h
