$128.85
+3.34 (+2.66%)
At Close: Jul 21, 2026
Why Oil Price Spikes Cause Recessions But High Prices Don't
07:45am, Tuesday, 19'th May 2026
Rising oil prices often trigger recession, but high and stable oil prices don't. This distinction is key to understanding the effects of the current jump in energy costs that resulted from closure of
Why Oil Prices Are Still Above $110 as Trump Calls Off Attack Amid 'Serious' Talks
03:47am, Tuesday, 19'th May 2026
After multiple deadlines and threats of fresh attacks, traders don't seem to believe that further escalation is a genuine risk.
Natural Gas and Oil Forecast: 7 Weeks of Ceasefire — Can WTI Hit $103 and NatGas Clear $3.05?
01:14am, Tuesday, 19'th May 2026
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust and OPEC+ adjusts output. WTI defends blue channel support with strong bounce, Brent holds firm, and NatGas
Oil Price Forecast: Crude Pullback May Be the Calm Before the Next Surge
12:24am, Tuesday, 19'th May 2026
Oil prices may stay volatile as diplomacy cools the war-risk premium, while the closed Strait of Hormuz and tight inventories continue to support the broader bullish trend.
Scott Bessent Issues 30-Day Russian Oil License To 'Stabilize' Crude Market, Move Will Reroute Oil To 'Countries Most In Need'
11:39pm, Monday, 18'th May 2026
Treasury Secretary Scott Bessent, on Monday, issued a 30-day general license on the Russian seaborne oil to stabilize the crude market, which is dealing with supply shortages due to the closure of the
Oil prices fall after Trump delays planned Iran strike, easing supply disruption fears
08:41pm, Monday, 18'th May 2026
Oil fell after Trump delayed a planned strike on Iran. Gulf leaders had urged Washington to hold off military action.
Oil Falls as Supply-Disruption Concerns Ease
08:38pm, Monday, 18'th May 2026
Oil fell in early trade amid easing supply-disruption concerns.
US crude futures fall over 2% as Trump says he holds off scheduled attack on Iran
06:23pm, Monday, 18'th May 2026
U.S. crude futures fell more than 2% in early Asian trade on Tuesday after U.S. President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end
Record oil draw from US emergency reserve drives total volumes to two-year low
05:34pm, Monday, 18'th May 2026
A record 9.9 million barrels of oil were shipped out from the U.S. Strategic Petroleum Reserve last week, data from the Department of Energy showed on Monday, pushing the total volumes in the U.
Kroger Helps Customers Celebrate Memorial Day with Savings on Grilling Favorites and 4X Fuel Points Event
04:00pm, Monday, 18'th May 2026
Kroger Helps Customers Celebrate Memorial Day with Savings on Grilling Favorites and 4X Fuel Points Event PR Newswire
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. – Iran Talks Stall
03:13pm, Monday, 18'th May 2026
Oil markets test new highs amid rising geopolitical risks.
Oil climbs as Trump warns the ‘clock is ticking' on Iran, but there's a bigger danger lurking on the horizon
01:44pm, Monday, 18'th May 2026
Oil futures climbed on Monday, getting a boost after President Donald Trump warned that the “clock is ticking” on Iran, but a loss of the buffers used to cushion supply disruptions could spark the
The oil market is reaching a ‘tipping point' that could create problems for stocks, according to this Wall Street legend
12:10pm, Monday, 18'th May 2026
Evercore's Roger Altman said in a CNBC interview on Monday that a sharp rise in crude could destabilize markets before it may trigger “the second big inflation shock of this decade after COVID,” e
A Tale Of Two Oil Shocks: Why 2026 Feels Big, But Isn't As Big As 1973
11:50am, Monday, 18'th May 2026
As the world watches the next act in the U.S.-Iran drama with bated breath, the headlines write themselves: the worst oil disruption in history, a fifth of global supply at risk, and Brent crude close
Why Oil Hasn't Hit $150—Yet
10:25am, Monday, 18'th May 2026
I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I certainly expec
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