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Buy XOP
$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Is AI power really the new oil? Soon it will trade like just like a commodity.
06:02pm, Tuesday, 12'th May 2026
CME Group plans to launch futures that would let investors bet on the price of computing power.
This is how much airlines pay to fuel passenger jets as oil tops $100 a barrel — and what it means for ticket prices
05:18pm, Tuesday, 12'th May 2026
The price to fill commercial jetliners has nearly doubled as the Strait of Hormuz remains closed. It costs about $340,000 to fully fuel an Airbus A380, an increase of about 61% from pre-war levels.
Crude Oil Price Forecast: Triangle Phase Builds Pressure
05:10pm, Tuesday, 12'th May 2026
Crude oil consolidates within a symmetrical triangle as bullish structure holds, with support strength and resistance tests signaling an approaching breakout-driven directional move.
S&P 500 & NASDAQ Fall as Oil Jumps | Closing Bell
04:54pm, Tuesday, 12'th May 2026
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More
How Active Management Can Dominate the NACHO Trade
04:23pm, Tuesday, 12'th May 2026
Have you heard about the NACHO Trade? Many market watchers are now well acquainted with the almost weekly appearance of the TACO Trade – the Trump Always Chickens Out Trade.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 4% As Traders See No Progress In U.S. – Iran Talks
02:55pm, Tuesday, 12'th May 2026
Oil markets rally as traders bet that the Strait of Hormuz would not be reopened anytime soon.
Why the oil crisis could become a full-blown catastrophe within a month
01:52pm, Tuesday, 12'th May 2026
Global crude reserves are rapidly depleting, pushing the world toward scarcity.
EIA Sees Prolonged War in Iran Draining Global Oil Stocks Faster Than Expected
01:52pm, Tuesday, 12'th May 2026
The agency said it expects inventories to decline by 2.6 million barrels a day on average in 2026, compared with its previous estimate of a 300,000 barrels a day decrease.
US government's energy arm assumes Strait of Hormuz will stay shut through late May
12:06pm, Tuesday, 12'th May 2026
The U.S. Department of Energy's statistical arm on Tuesday said it assumes that the Strait of Hormuz will be effectively shut through late May and traffic will resume gradually from next month,
Russia revises down oil and gas production and exports forecasts for 2026-2029, document shows
10:04am, Tuesday, 12'th May 2026
Russia has revised down numerous oil and gas forecasts for the next three years, including on crude and gas output as well as exports, the economy ministry said on Monday in its base case scenario.
Crude Oil Price Analysis – Oil Continues to Move Higher on Fears
09:42am, Tuesday, 12'th May 2026
The oil markets continue to move on the latest fear-driven headlines coming out of the Middle East.
Oil rises as Trump says Iran ceasefire is "on life support"
08:23am, Tuesday, 12'th May 2026
U.S. President Donald Trump said the ceasefire with Iran is "on life support" after rejecting Tehran's latest counterproposal to end the war. CNBC's Dan Murphy has the latest from Abu Dhabi.
Why High Oil Prices Are a Time Bomb for the Tech-Led Rally
06:38am, Tuesday, 12'th May 2026
Stocks are nearing the midday point of a massive second quarter. The rally is starting to look vulnerable.
U.S.-Iran Cease-Fire Is on ‘Life Support,' Trump Says. Oil Prices Rise.
04:56am, Tuesday, 12'th May 2026
Brent crude and WTI prices were up again as President Donald Trump rejected Iran's response to the U.S.'s peace offer.
Natural Gas and Oil Forecast: Ceasefire Holds — WTI Reclaims $101, Brent Holds $106 — NatGas Struggles at $2.92?
04:41am, Tuesday, 12'th May 2026
With geopolitical risks fading, oil benchmarks return to supply-demand dynamics. WTI bounces strongly above $100 targeting $103, Brent defends ascending channel at $106.84, while Natural Gas remains c
