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Buy USO
$136.74
-4.12 (-2.92%)
At Close: Jun 04, 2026
Oil From US Reserves Started Flowing Friday, Says Energy Secretary Wright
10:48am, Monday, 23'rd Mar 2026
US Energy Secretary Chris Wright says oil from the US strategic reserve started flowing on Friday afternoon. "Prices have not risen high enough yet to drive meaningful demand destruction,” Wright sa
CERAWEEK Oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright says
10:19am, Monday, 23'rd Mar 2026
Global oil prices have not climbed enough to cause demand destruction, U.S. Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston Texas.
Fed's Miran Still Backs Rate Cuts Despite Surging Oil Prices
09:55am, Monday, 23'rd Mar 2026
Federal Reserve Gov. Stephen Miran reaffirmed his preference for four interest rate cuts this year in support of the labor market despite rising oil prices.
Investors are piling back into shares after US president announces ‘very good and productive' conversations with Iran, sending oil price down
Why oil had been nearing peak even before Trump statement on Iran, according to top economists
07:44am, Monday, 23'rd Mar 2026
Well-respected economists Krugman and Brooks believe we are near to the peak in oil prices because demand destruction takes place if it goes much higher
Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure
07:29am, Monday, 23'rd Mar 2026
Oil prices fell by over 13% on Monday after U.S. President Donald Trump said he would order the military to postpone any strikes against Iranian power plants and energy infrast
USOI – Not For The Average Investor Seeking A Crude Oil Play
07:00am, Monday, 23'rd Mar 2026
Oil surged from around $71 to nearly $98 per barrel in under two weeks in early March 2026 as geopolitical tensions in the Persian Gulf tightened supply fears. That kind of move is exactly what crude
Oil climbs after Trump issues Iran 48-hour ultimatum
05:44am, Monday, 23'rd Mar 2026
Goldman Sachs has upgraded its forecast for oil in 2026 by 10%
Natural Gas and Oil Forecast: Hormuz Risk Fears – Is WTI Ready to Moon?
04:40am, Monday, 23'rd Mar 2026
As Hormuz supply risks drive an energy premium, WTI reclaims $100 and Brent eyes $119. Read our forecast on whether this 50% rally has more room to run.
Goldman Lifts Oil Price Forecast on Longer Hormuz Disruption
04:38am, Monday, 23'rd Mar 2026
Brent crude is now expected to average $85 a barrel this year, up from a previous forecast of $77. The U.S. oil gauge West Texas Intermediate is seen at $79 a barrel from $72 earlier.
China limits fuel price hike to cushion impact of rising oil prices
04:36am, Monday, 23'rd Mar 2026
China intervened to cushion rising fuel prices on Monday, increasing regulated ceiling prices for retail gasoline and diesel but limiting the hike to about half what would normally be applied un
Quantum Helium says production remains inline with expectations amid higher crude prices
03:37am, Monday, 23'rd Mar 2026
Quantum Helium Ltd (AIM:QHE) said its Sagebrush Project generated US$617,044 in gross oil sales revenue in calendar 2025, as the AIM-listed group continued to use hydrocarbon production to help fund i
Oil News: Tight Inventory and Infrastructure Damage Fuel a Bullish Crude Outlook
03:19am, Monday, 23'rd Mar 2026
Oil markets remain tight as supply disruptions and strong spot demand push prices higher. Bullish sentiment builds on shrinking global availability.
Oil prices whipsaw as Trump's Hormuz ultimatum and Iran threats keep markets on edge
02:07am, Monday, 23'rd Mar 2026
Crude prices were volatile early in the session before paring initial losses. Fears over prolonged disruption in the Strait of Hormuz have kept investors on edge, pushing oil prices higher.
Brent crude is most mispriced benchmark, should trade higher: Energy Aspects' Amrita Sen
12:14am, Monday, 23'rd Mar 2026
Amrita Sen of Energy Aspects discusses the moves in the oil market following the Iran war, saying benchmark Brent crude is not fully reflecting the "true tightness" in global supply.
