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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
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
Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes
08:58pm, Sunday, 31'st May 2026
Oil prices climbed as Israel expanded its military push in Lebanon. The development comes despite a ceasefire that was declared in April.
Oil Rises Amid Few Signs of Strait of Hormuz's Reopening
07:38pm, Sunday, 31'st May 2026
il rises amid few signs of the reopening of the Strait of Hormuz.
Oil prices rise more than 2% as Israel moves further into Lebanon
06:26pm, Sunday, 31'st May 2026
Oil prices rose more than 2% in early trading on Monday after Israel ordered troops to move further into Lebanon in the battle with the Iranian-backed Hezbollah militant group, de
Oil rises, U.S. stock futures dip as Wall Street looks to extend its winning streak
06:17pm, Sunday, 31'st May 2026
U.S. stock-index futures were little changed on Sunday, as Wall Street looks to stretch the market's record-setting rally into June.
Oil News: Weekly Oil Outlook Hinges on OPEC Cuts and Demand Recovery
05:20pm, Sunday, 31'st May 2026
Crude oil faces a pivotal week as OPEC+ weighs output cuts, gasoline demand comes into focus, and inventory data tests the bullish oil outlook.
