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At Close: Jun 05, 2026

Oil Rises Amid U.S.-Iran Tensions

08:18pm, Tuesday, 03'rd Feb 2026
Oil rose in the morning Asian session amid U.S.-Iran tensions.
Weaker crude prices have ramped up the pressure on Big Oil's commitment to allocating cash to shareholders. Norway's Equinor, France's TotalEnergies, and Britain's Shell and BP are all expected to rep
A pullback in WTI may be complete after a rebound near $61.5. A close above the 200-day line could set up targets near $67 and $71.
The Trump administration could issue a general license this week allowing U.S. companies to pump oil in Venezuela, said a person familiar with the plan. Chevron is the only U.S. company currently allo
U.S. Navy shot down the drone that was moving towards an aircraft carrier.
The U.S. government is working to issue as early as this week a general license allowing companies to produce oil and gas in Venezuela, as the Trump administration seeks to expand output from the OPEC
Oil refiners on the U.S. Gulf Coast are struggling to absorb a rapid surge in Venezuelan crude shipments since last month's flagship $2 billion supply deal between Caracas and Washington, pressuring p
Trader Trafigura has moved the first shipment of Venezuelan fuel oil to Europe in nearly two years, two trading sources and data seen by Reuters showed.
Kpler data shows four Russian shadow fleet tankers unloading sanctioned oil in India. On Monday, President Trump said India had agreed to a trade deal that included a promise to stop buying Russian cr
With Brent crude trading in the $65–$70 corridor and a 2.3 million barrels per day (bpd) global surplus pressuring prices, Igor Isaev, Doctor of Technical Sciences and Head of Analytics at Mind Mone
The company is now increasing oil-and-gas investment to around $10 billion a year to 2027—20% higher than previous guidance—and expects returns of greater than 15% on the projects.
Crude oil steadies after Iran headlines trigger a shakeout as traders watch demand, strong dollar pressure, and key trend line support to gauge market direction.
Energy ETFs invest in dozens of companies, which can help manage risk when approaching the volatile sector. Passive energy sector ETFs are heavily concentrated in a handful of stocks like ExxonMobil,
Russian Deputy Prime Minister said on Tuesday that there is currently a balance on the global oil market, while demand will be gradually rising in March and April, when asked about the OPEC+ group's p
U.S. President Donald Trump announced a trade agreement with Indian Prime Minister Narendra Modi on Monday that included a halt to Indian oil purchases from Russia.
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