NYSEARCA:XOP

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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Ceasefire stability allows energy prices to consolidate on fundamentals amid strong US production and healthy storage. WTI faces strong downside pressure below $92, Brent retests channel floor, and Na
Oil prices pulled back from recent highs on Wednesday, erasing some of ​the previous day's 4% gain as traders sought ‌clarity on complex negotiations between Iran and the U.S. after renewed hostil
Oil declined in early Asian trade as traders weigh the prospects of a U.S.-Iran deal.
Crude oil broke key technical support from a symmetrical triangle and trendline, signaling potential continuation lower as multiple indicators flip to resistance and deeper targets emerge.
Even if the Strait of Hormuz reopens, energy markets may not recover nearly as quickly as investors hope. Yahoo Finance's Ben Werschkul breaks down the growing concerns around what analysts are callin
Piper Sandler expects disruption across the Strait to persist for months. The bank warns reduced commercial traffic could push oil prices to new highs for the year.
Benoit Gervais and Stewart Glickman break down how the Iran conflict is impacting the global energy complex and why oil supply risks will drive prices higher. They discuss concerns over potential barr
Oil markets rallied amid rising geopolitical tensions.
Iran said Tuesday that it would retaliate against violations of its ongoing ceasefire agreement, after US Central Command on Monday confirmed that it had launched strikes on Iranian vessels.
Crude oil markets are heating up again, as the talks are in jeopardy. US attacks on a port, and the Iranian delegation demanding a release of $12B now take front and center stage.
Investors are looking to continue a weeks-long rally on expectations peace talks will develop between the U.S. and Iran. Kevin Hincks explains that it won't be that easy, pointing to sticking points i

Oil Rebounds as US Launches New Strikes on Iran

09:05am, Tuesday, 26'th May 2026
Oil rebounded as fresh US military strikes in Iran clouded the outlook for an interim deal between Tehran and Washington to reopen the Strait of Hormuz. Stephen Stapczynski reports.
Brent crude prices ticked higher Tuesday amid speculation that Tehran could insist on charging vessels passing through the Strait of Hormuz as part of a ceasefire deal with the U.S. Iran's foreign min
Spot gold prices are down and spot silver prices are sharply lower in early U.S. trading Tuesday, as a firmer U.S. dollar and renewed oil volatility offset support from lower Treasury yields.
Crude oil outlook remains volatile as Hormuz risks, Iran talks and Trump comments drive WTI and Brent futures into a critical week.
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