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Marley Kayden talks about how oil prices have pulled back from their conflict-driven highs while Sam Vadas discusses Micron (MU) reaching another price target as momentum in memory stocks continues to

Oil Declines Lift Stocks to Fresh Records

04:53pm, Friday, 29'th May 2026
Brent crude fell 19% in May, its sharpest monthly drop since 2020.
Prices at gas pumps are starting to sink and oil is on track to drop 20% in May as investors remain optimistic that a ceasefire deal to end the Iran war is near.
This week executives from both Exxon and Chevron, two of the largest oil producers in the United States came out and said oil could hit 160 dollars within weeks. Senior Vice President of Exxon Neil Ch
Oil markets test new lows as traders wait for results of U.S. – Iran talks.
U.S. shale producers have the lowest stock of drilled-but-uncompleted wells on record, limiting their ability to move quickly to boost crude output and replace rapidly depleted oil inventories after e
Global oil prices tumbled over 20% in May on hopes for the U.S.-Iran peace deal.
Crude oil prices have posted their biggest weekly drop since the pandemic, but analysts warn supply disruptions and inventory shortages could keep energy markets under pressure.
President Donald Trump said a “final determination” is coming on Iran.
Oil prices fell Friday after President Donald Trump said he is meeting in the White House Situation Room to make a final determination about a deal with Iran.
Crude oil continues to look for the floor of the range we have been in. As things continue to play out in the Middle East, traders continue to watch every headline.
Ritika Gupta runs through the market moves of May - as stock markets clock record highs, and oil prices slump.
Chevron Chairman & CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies, multiple attacks this week on vessels transiting the Strait of Hormuz, the company's view o
Reports of an imminent ceasefire in the Iran conflict are running well ahead of reality, RBC Capital Markets has warned, as global oil inventories continue to drain at a pace that may be more severe t
Analysts have increased their 2026 oil price forecasts for the third time since the Iran war began at the end of ​February, as they cite a months-long timeline for energy flows to normalise to pre-c
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