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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
The impact of Iran protests on global oil markets
11:42am, Monday, 12'th Jan 2026
CNBC's Pippa Stevens reports on the impact of civil unrest in Iran on oil.
Crude Oil Price Outlook – Crude Oil Continues to See Overhead Resistance
10:35am, Monday, 12'th Jan 2026
The crude oil market continues to see a lot of resistance above, causing it to continue to offer short-term selling opportunities for those who can wait. Volatility will continue to be a feature here.
US Supreme Court rebuffs Citigroup appeal in lawsuit over Mexican oil company fraud
09:43am, Monday, 12'th Jan 2026
The U.S. Supreme Court declined on Monday to hear Citigroup's bid to avoid a lawsuit accusing the bank of causing more than $1 billion of losses by orchestrating a vast fraud at the bankrupt Mexican o
Geopolitical Risks Are Mounting. Why Goldman Sachs Says Oil Will Keep Falling.
08:40am, Monday, 12'th Jan 2026
Despite pointed geopolitical pressures, Goldman Sachs thinks oil prices will fall in 2026.
Sweden urges EU ban on support to Russian oil, gas-shipping fleet
08:16am, Monday, 12'th Jan 2026
The European Union should ban companies from providing any support to Moscow's oil and gas-shipping fleet, introduce sanctions against Russian fertilisers and stop luxury goods exports to Russia, Swed
Norway to lay out future of oil and gas, drilling, in 2027 policy update
06:56am, Monday, 12'th Jan 2026
Norway's government said on Monday it will present a policy document to parliament next year on the future of the oil and gas industry, including companies' access to exploration acreage.
Oil News: Crude Oil Futures Stall as Oversupply Clashes With Iran Supply Risks
06:38am, Monday, 12'th Jan 2026
Crude oil futures stall after a 50-day moving average breakout as oversupply caps gains despite Iran supply disruption speculation. Oil outlook remains mixed.
Trading houses beat US majors to first deals for Venezuelan oil
06:32am, Monday, 12'th Jan 2026
Global oil trading houses have emerged as early winners in the race to control Venezuelan crude flows, getting ahead of U.S. energy majors wary of credit and legal risks and securing a potentially luc
Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say
06:10am, Monday, 12'th Jan 2026
Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, several trade sources said on Monday.
China Has Been Gorging on Black-Market Oil. That's Now Getting Harder.
05:30am, Monday, 12'th Jan 2026
The official market for crude could soon start to feel disturbances as the U.S. and Europe crack down on illicit trading.
Trump threatens to sideline Exxon from Venezuela's oil: 'They're playing too cute'
04:12am, Monday, 12'th Jan 2026
President Donald Trump said Sunday that he would "probably be inclined" to keep U.S. oil giant Exxon Mobil out of Venezuela. His comments come shortly after Exxon CEO Darren Woods said the Venezuelan
CNBC Daily Open: Iran has more avenues of retaliating against the U.S. — including oil supply
02:34am, Monday, 12'th Jan 2026
The Strait of Hormuz is back in focus amid U.S.-Iran tensions. Fed Chair Powell says he's under investigation by federal prosecutor.
Natural Gas and Oil Forecast: WTI & Brent Rebound on Breakouts Despite 2026 Oversupply Fears
02:16am, Monday, 12'th Jan 2026
Oil prices edge higher on breakout strength in WTI and Brent, but forecasts warn of 2026 oversupply as natural gas tests critical support near $3.13.
What Trump's Venezuela intervention means for Guyana's vast oil wealth
02:07am, Monday, 12'th Jan 2026
The fallout from the Trump administration's military intervention is expected to put Venezuela's longstanding territorial claims over the oil-rich Essequibo territory on ice, analysts told CNBC. A blo
World's most vital oil chokepoint back in focus amid possible U.S. intervention in Iran
01:08am, Monday, 12'th Jan 2026
Oil markets are watching the Strait of Hormuz amid fears a potential U.S. response to Iran. A full closure could spike prices between $10 to $20 per barrel.
