$128.85
+3.34 (+2.66%)
At Close: Jul 21, 2026
Crude Oil Price Analysis – Are We Looking for a Range?
09:34am, Friday, 08'th May 2026
The oil markets look to me as if they are trying to settle into a range. A wide one, but a range nonetheless.
Oil Back Above $100, U.S. Futures Up as U.S.-Iran Tensions Escalate
05:15am, Friday, 08'th May 2026
U.S. futures diverged from falling stocks in Asia and Europe, with all of its major indexes in the green as investors looked past the rise in escalations.
U.S.-Iran Strikes Test Cease-Fire. Oil Prices Rise But Head for Weekly Losses.
03:34am, Friday, 08'th May 2026
Brent crude and WTI prices were rising early Friday as the U.S. and Iran exchanged strikes but the market is still hopeful of a peace deal.
‘Not a Chance Hormuz Opens': How Wall Street's new NACHO trade bets on a prolonged oil shock
01:39am, Friday, 08'th May 2026
Traders are embracing the “NACHO” trade as doubts grew over a quick Hormuz reopening. Oil and shipping markets signaled fears of a prolonged disruption.
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
08:56pm, Thursday, 07'th May 2026
Oil prices rose Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz. President Donald Trump, in a call with an ABC News reporter later Thursday, insisted that the ceasefire remains i
Oil Rises Amid Signs of Rising Strait of Hormuz Tensions
08:29pm, Thursday, 07'th May 2026
Oil rose in early Asian trade amid signs of rising tensions in the Strait of Hormuz, a key waterway through which one-fifth of the world's oil is typically transported.
Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump's tariffs
07:34pm, Thursday, 07'th May 2026
Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald
US oil prices jump on US-Iran hostilities
06:20pm, Thursday, 07'th May 2026
U.S. crude futures rose as much as 3% in early trading on Friday after renewed hostilities broke out between the U.S. and Iran.
Thursday's Takeaways: Oil Prices in Focus Ahead of Jobs Report
06:01pm, Thursday, 07'th May 2026
Marley Kayden and Sam Vadas close out Thursday's market action with a glimpse at the energy markets as crude oil prices continue to be volatile with back-and-forth updates out of the Middle East. Plus
Crude Oil Price Forecast: Triangle Pattern Signals Volatility Contraction
05:04pm, Thursday, 07'th May 2026
Crude oil continues consolidating near key moving average support as a developing triangle pattern points to a potentially sharp volatility breakout in coming weeks.
Permian to US Gulf Coast crude pipeline operational after oil spill
03:28pm, Thursday, 07'th May 2026
A pipeline that ships crude oil between the Permian basin in West Texas and Houston was fully operational on Thursday after a brief outage due to a leak, operator ONEOK said.
Shell CEO says oil market is short nearly 1 billion barrels due to Iran war and the hole deepens every day
03:16pm, Thursday, 07'th May 2026
Shell CEO Wael Sawan said it will take a long time to recover the supply lost due to the Iran war. Demand for jet fuel in the airline industry has been curtailed around 5%, Sawan said.
Oil Prices Whipsaw as US-Iran try to work out deal to end war
03:07pm, Thursday, 07'th May 2026
Oil dipped in a volatile session as the US waited on Iran's response to its proposal to end the war and reopen the vital Strait of Hormuz. West Texas Intermediate crude futures briefly dipped as much
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Moves Away From Session Lows As Traders Wait For Iran's Response
02:39pm, Thursday, 07'th May 2026
Oil traders stay focused on the recent U.S. proposal to end the war in the Middle East.
Exclusive: Oil-price bets ahead of Iran war news totalled $7 billion, reporting shows
01:45pm, Thursday, 07'th May 2026
A series of well-timed market bets on falling oil prices totalling as much as $7 billion during March and April spread across multiple exchanges and types of fuel and derivatives just before major
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