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Buy XOP
$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Oil Price Forecast: Brent and WTI Eye Breakout as Fuel Shortage Risk Grows
03:53am, Tuesday, 05'th May 2026
Oil prices pulled back after Monday's rally, but U.S.-Iran tensions, Strait of Hormuz risks, tight fuel supplies, and bullish Brent and WTI technical setups keep the breakout outlook alive.
Trump Plays Down Iran Attacks on Ships in Hormuz. Oil Prices Tell a Different Story.
03:37am, Tuesday, 05'th May 2026
Brent crude and WTI prices remain at elevated levels as investors digest conflict in the Strait of Hormuz.
Natural Gas and Oil Forecast: US Production vs OPEC+ Cuts — Can WTI Hit $109 Before Pullback?
02:33am, Tuesday, 05'th May 2026
Geopolitical risks in the Middle East keep Brent crude supported near $114 while WTI clings to $104 channel support. Natural gas breaks lower as storage injections beat norms and summer cooling demand
Oil Futures Fall on Possible Technical Correction
09:14pm, Monday, 04'th May 2026
Oil futures fell in early Asian trade on a possible technical correction after WTI and Brent futures settled markedly higher on Monday.
Oil slides as traders assess Middle East developments with Iran attacks keeping markets jittery
08:37pm, Monday, 04'th May 2026
Oil prices declined on Tuesday, retreating from sharp gains in the previous session. Traders continued to assess the risk of immediate supply disruptions amid renewed U.S.-Iran tensions.
US crude eases 1% as traders weigh supply risks
06:13pm, Monday, 04'th May 2026
U.S. crude futures eased 1% in early Asian trade on Tuesday as the market gauged the impact of Iranian attacks on ships in the Strait of Hormuz and a fire at a UAE oil port.
Chevron CEO says physical shortages in oil supply to begin appearing
04:32pm, Monday, 04'th May 2026
Chevron Chairman and CEO Mike Wirth said on Monday that physical shortages in oil supply would begin appearing around the world because of the closure of the Strait of Hormuz, thr
Oil Soars, Stocks Fall With Tensions Rising in Strait of Hormuz
04:19pm, Monday, 04'th May 2026
Oil prices rose sharply and stocks fell after fighting in the Iran war flared for the first time in weeks.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Strikes A Petroleum Complex In Fujairah
02:56pm, Monday, 04'th May 2026
Oil prices soar as traders focus on escalation in the Middle East.
Goldman says global oil stocks approaching eight-year low, depletion speed a concern
02:52pm, Monday, 04'th May 2026
Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the speed of depletion was becoming a concern as supplies through the Strait of Ho
US crude, products inventories seen down last week
01:18pm, Monday, 04'th May 2026
U.S. crude oil stockpiles were expected to have fallen last week, while distillate and gasoline inventories also likely fell, a preliminary Reuters poll showed on Monday.
Dow tumbles 400 points, oil spikes 5% as Iran tensions stoke fear on Wall Street
12:40pm, Monday, 04'th May 2026
The action was stronger in the oil market, where the price for a barrel of Brent crude leaped 5.7% to $114.28.
Oil Rises as US Hormuz Plan Leaves Shipowners Guessing
11:07am, Monday, 04'th May 2026
Oil rose once again on signs of heightened tensions in the Strait of Hormuz as Iran attacked a tanker with drones. Ellen Fraser, Partner and Energy Expert at Baringa, discusses oil's continued supply
U.S. Natural Gas Futures Start Week Higher
11:00am, Monday, 04'th May 2026
U.S. natural gas futures were are gaining as mixed weather patterns offered some support with cooling demand in the south and lingering heating demand in the north
Russian oil price used in tax calculations rises to $95/bbl in April, highest since September 2014
10:54am, Monday, 04'th May 2026
Average Russian oil price used for taxation purposes increased in April to $94.87 per barrel, highest since September 2014, according to the economy ministry's data published on Monday,
