Sign In
Buy XOP
$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Many big oil tankers remain stuck in Strait of Hormuz — and may not return once they escape
03:38pm, Monday, 01'st Jun 2026
There's doubt massive tankers, once the backbone of global crude flows, will be returning in quite the same numbers to the Middle East.
Outlook for Oil Past Point of Return? Analyzing Headwinds & Tailwinds in Energy
03:30pm, Monday, 01'st Jun 2026
Ellen Wald and Carly Garner discuss oil prices and geopolitical tensions, noting that the long-term outlook for oil has passed the point of return for supply concerns. Ellen says commercial stocks ser
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Worry That Iran Will Exit Negotiations
02:55pm, Monday, 01'st Jun 2026
President Trump said that Israel and Hezbollah agreed to a ceasefire and added that talks with Iran continued, but traders wanted to see additional confirmation.
Oil prices jump after US and Iran exchange strikes; Exxon exec warns inventories could reach ‘unheard of' lows
02:21pm, Monday, 01'st Jun 2026
The warning came as oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle East.
US crude exports hit record high in May as Iran war tightens global oil supplies
01:57pm, Monday, 01'st Jun 2026
U.S. crude exports climbed to a record 5.6 million barrels per day in May as the Middle East crisis pushed up demand for the country's oil from Asian and European refiners, ship tracking estimates
Could Bab Al-Mandeb Be The Next Strait Of Hormuz? Iran Suggests Targeting New Front
01:55pm, Monday, 01'st Jun 2026
Israel began fighting Hezbollah in Lebanon after the group came to Iran's aid when the war started on Feb. 28. Since peace negotiations began, Iran has insisted a ceasefire in Lebanon was a prerequisi
Venezuela's oil exports rose to 1.25 million bpd in May, shipping data shows
01:00pm, Monday, 01'st Jun 2026
Venezuela's oil exports rose slightly to 1.25 million barrels per day (bpd) in May fueled by more cargoes to the United States, India and Europe, shipping data showed on Monday.
OPEC+ likely to raise July oil output target despite Hormuz disruption, sources say
10:55am, Monday, 01'st Jun 2026
OPEC+ oil-producing countries will likely agree a further hike in their output target for July when they meet on Sunday, three sources said, though the Iran war has so far prevented several from de
Crude Oil Price Analysis – Oil Looking to Stay in Large Range
10:27am, Monday, 01'st Jun 2026
Crude oil markets continue to look for momentum on Monday, as we are at the bottom of a massive consolidation range in both grades. Headlines continue to be a major driver of where we are going again.
Record Resources highlights production potential at Gabon's Loba oil field
10:16am, Monday, 01'st Jun 2026
Record Resources Inc (TSX-V:REC) announced that further geological and geophysical analysis of its Loba oil discovery in Gabon and nearby analogue fields suggests an initial production rate of more th
Oil prices rise after fresh wave of attacks between U.S. and Iran
07:23am, Monday, 01'st Jun 2026
West Texas Intermediate and Brent crude's front month contracts both climbed a as hopes for a peace deal became clouded again.
U.S. Gasoline Inventories Are Falling At A Record Pace
06:21am, Monday, 01'st Jun 2026
U.S. gasoline inventories aren't at record lows, but they are falling fast.
Oil Prices Rise After U.S. and Iran Strikes Threaten Trump Peace Deal
05:19am, Monday, 01'st Jun 2026
Brent crude and WTI prices were rising after an exchange of strikes between the U.S. and Iran over the weekend.
U.S. Stock Futures Rise Even as Oil Jumps on Fresh U.S.-Iran Hostilities
04:33am, Monday, 01'st Jun 2026
U.S. stock futures pointed to an extension of May's record-setting rally, even as oil prices rose after the U.S. and Iran exchanged a fresh round of strikes.
Natural Gas and Oil Forecast: WTI & Brent Bounce, NatGas Breakout — More Upside Ahead?
03:56am, Monday, 01'st Jun 2026
With geopolitical risk premium largely removed, oil benchmarks found support inside ascending channels while natural gas delivered a powerful move. WTI defended $90.29 with higher lows, Brent bounced
