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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
05:19am, Friday, 15'th May 2026
The West-East pipeline, which will double ADNOC's export capacity through Fujairah, is expected to be operational in 2027. Global energy supplies are under pressure amid the Iran war, and flows throug
Oil Prices Surge to End Bad Week After U.S.-China Summit Fails to Reopen Hormuz
04:56am, Friday, 15'th May 2026
Both countries agreed that the Strait of Hormuz must remain open, according to a White House statement.
Natural Gas and Oil Forecast: WTI Pulls Back to $98.75 as Brent Stays Resilient — NatGas Eyes Breakout?
04:01am, Friday, 15'th May 2026
With geopolitical risk premium largely removed, oil and natural gas trade on supply-demand dynamics. WTI retreats to channel support at $98.75, Brent defends $107 with higher lows intact, and Natural
UAE to accelerate oil pipeline project to help bypass Hormuz
03:48am, Friday, 15'th May 2026
The United Arab Emirates will accelerate construction of a new oil pipeline to double its export capacity through Fujairah by 2027, the government's Abu Dhabi Media Office said on Friday, vastly ex
Oil prices jumps after Trump says China agreed to buy U.S. crude following Xi talks
10:45pm, Thursday, 14'th May 2026
Oil prices rose after Trump said China agreed to buy U.S. crude. Beijing had not confirmed the purchases or responded to CNBC requests.
The World Is Burning Through Its Oil Safety Net
10:00pm, Thursday, 14'th May 2026
Global oil inventories have fallen at a record pace during the Iran war, and oil executives and analysts predict a reckoning within weeks if the Strait of Hormuz remains shut.
China to buy U.S. oil to feed its 'insatiable appetite,' Trump tells Fox News
09:56pm, Thursday, 14'th May 2026
Trump and Chinese President Xi Jinping are scheduled to meet Friday to close out a two-day summit that has featured pageantry and dealmaking.
Trump says China wants to buy oil from US
09:40pm, Thursday, 14'th May 2026
U.S. President Donald Trump said China wants to buy oil from the United States.
Oil Prices Higher Amid Limited Flows Through Strait of Hormuz
09:24pm, Thursday, 14'th May 2026
Oil prices were higher in early Asian trade, boosted by strong demand.
Oil rises as fears of ship attacks and seizures persist
09:07pm, Thursday, 14'th May 2026
Oil prices rose Friday as market concerns persisted over ship attacks and seizures despite Iran saying about 30 vessels had passed through the Strait of Hormuz, while the U.S. and Chinese presid
Crude Oil Price Forecast: Triangle Consolidation Builds Pressure
04:47pm, Thursday, 14'th May 2026
Crude oil consolidates within a symmetrical triangle as Fibonacci levels and key moving averages define critical support and resistance zones ahead of a potential breakout.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders React To Trump – Xi Meeting
02:45pm, Thursday, 14'th May 2026
Oil markets are swinging between gains and losses as traders focus on Trump's recent comments.
Crude Oil Price Analysis – Oil Continues to See Noise via Headlines
10:16am, Thursday, 14'th May 2026
Oil markets continue to see noise on Thursday, as we are looking at the situation in the Middle East, and its lack of finality.
Gold firms near $4,700, silver slips as Hormuz talks steady oil - Kitco AM Report
09:23am, Thursday, 14'th May 2026
Articles by Kitco NewsWire were generated by Kitco's AI-assisted reporting workflow and reviewed by Kitco News editorial staff, with every claim independently verified before publication.
Oil Prices Rise as Ship Seized. Trump's Next Hormuz Move May Depend on China Summit.
05:39am, Thursday, 14'th May 2026
Brent crude and WTI prices were rising early Thursday after a report of a ship seizure near the U.A.E. but developments in China are in focus.
