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Buy XOP
$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Oil Futures Rise on Likely Technical Recovery
08:17pm, Wednesday, 06'th May 2026
Oil futures rose in early Asian trade on a likely technical recovery after dropping overnight.
US oil prices rebound as investors assess prospects for a Middle East peace deal
06:41pm, Wednesday, 06'th May 2026
U.S. crude futures rose about $1 in early trade on Thursday, rebounding from the previous day's losses, as investors assessed prospects for a Middle East peace deal.
Traders point to suspicious activity in the oil market on Wednesday
06:36pm, Wednesday, 06'th May 2026
Oil contracts worth $1.7 billion changed hands in the hour before an Axios report sent oil prices lower Wednesday. Some experts are calling the spike in activity suspicious.
Gold jumps above $4,690 as oil tumbles, Wall Street closes at fresh records - Kitco PM Report
05:27pm, Wednesday, 06'th May 2026
Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed g
Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe
03:59pm, Wednesday, 06'th May 2026
Jet fuel exports have plunged due to the closure of the Strait of Hormuz. European airports have warned that the EU will face a "systemic jet fuel shortage" if the strait does not reopen.
$100 Oil Could Be Here to Stay, Whatever Happens With the Peace Deal
03:48pm, Wednesday, 06'th May 2026
A return to normal operations in the Middle East could take months.
Oil supply shock to worsen as inventories fall further even if conflict ends
03:03pm, Wednesday, 06'th May 2026
Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will take weeks for oil shipments to resume from the Middle East Gul
IRAN BREAKTHROUGH: Trump HALTS major military move as deal CLOSES IN
02:45pm, Wednesday, 06'th May 2026
‘The Big Money Show' reacts to President Donald Trump pausing ‘Project Freedom' as the U.S. and Iran near a deal to end the conflict, sending oil prices lower and opening a 48-hour window for fina
USO and BNO Have Soared 100% Plus in 2026, Here's the Better Pick for Next
02:44pm, Wednesday, 06'th May 2026
Crude oil cleared $100 a barrel multiple times in April 2026, and the move was not subtle.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 8% As U.S. And Iran Evaluate A Potential Deal
02:44pm, Wednesday, 06'th May 2026
Recent reports indicate that U.S. – Iran negotiations may restart next week in Islamabad.
Oil tanks in the US will run dry, Jeff Currie says
02:22pm, Wednesday, 06'th May 2026
"I've never seen anything like it before." Oil storage tanks in the United States will run empty "somewhere in the July 4 period," Carlyle's Jeff Currie tells Francine Lacqua https://www.bloomberg.com
Oil Prices Tumble as US-Iran Diplomatic Efforts Gain Traction
11:19am, Wednesday, 06'th May 2026
Oil briefly dips below $100 as markets react to renewed hopes of a US, Iran deal. Bloomberg's Mia Gindis breaks down why traders may be overreacting, how thin market participation is distorting prices
U.S. Crude Oil Stockpiles Fall for Second Straight Week
11:14am, Wednesday, 06'th May 2026
Commercial crude-oil inventories excluding the Strategic Petroleum Reserve were down by 2.3 million barrels in the week ended May 1, the EIA said. The withdrawal was in line with the forecast in a Wal
PROJECT FREEDOM: Trump STEPS IN to PROTECT ships in Hormuz
10:45am, Wednesday, 06'th May 2026
U.S. Energy Secretary Christopher Wright discusses President Donald Trump's ‘Project Freedom,' oil prices, Strait of Hormuz security and California energy policy on ‘Mornings with Maria.' #foxbusi
Crude Oil Price Analysis – Oil Plunges on Signs of Peace to Test Support
10:24am, Wednesday, 06'th May 2026
The light sweet crude oil market has plunged early on Wednesday as we get news that the Americans and Iranians might be closer to peace.
