Sign In
Buy XOP
$171.02
-0.110 (-0.0643%)
At Close: Jun 04, 2026
Gold holds weekly gains, but rising oil and rate fears cap upside
03:56pm, Thursday, 02'nd Apr 2026
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
When the Strait of Hormuz fully reopens, this will be crucial to global oil markets
02:54pm, Thursday, 02'nd Apr 2026
No one yet knows when the Strait of Hormuz will fully reopen, but rebuilding energy infrastructure and restoring production in the Middle East are what matter most to the global oil market.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Soars 13% As Traders Bet On Escalation In The Middle East
02:51pm, Thursday, 02'nd Apr 2026
Trump's hawkish comments triggered a strong rally in the oil markets.
J.P. Morgan warns oil could top $150 if disruptions persist into mid‑May
02:51pm, Thursday, 02'nd Apr 2026
Oil prices could spike to $120-$130 per barrel in the near term, with a risk of surging above $150 if supply flows through the Strait of Hormuz remain disrupted into mid-May, J.P. Morgan said in
WTI Crude Prices Overcome Brent, Implications for Inventories & FOMC
02:00pm, Thursday, 02'nd Apr 2026
Ben Cook adds clarity to what he considers a headline-driven market. He notes that investors pricing in a conflict cooldown, offering levity ahead for energy markets.
Trump's Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk
01:57pm, Thursday, 02'nd Apr 2026
The oil market was hoping that President Donald Trump would present a clear exit strategy in the U.S. war against Iran. Instead, Trump vowed to continue the war for weeks and hit Iran "extremely hard"
Dow futures fall 600 points, US oil surges after Trump vows to hit Iran ‘extremely hard' in coming weeks
09:26am, Thursday, 02'nd Apr 2026
US stock futures plunged Thursday morning as oil prices surged after President Trump vowed to hit Iran “extremely hard” in the coming weeks.
Trump signals two to three more weeks of Iran strikes as oil analysts warn prices could top $150 a barrel
08:42am, Thursday, 02'nd Apr 2026
The Strait of Hormuz remains the critical pressure point, with UBS estimating a shortfall of 12 million barrels a day and JP Morgan flagging a structural repricing of energy risk Donald Trump told the
Rolling coverage of the latest economic and financial news
Nasdaq set to fall as oil surges after Trump says we will 'hit Iran extremely hard'
07:36am, Thursday, 02'nd Apr 2026
US stocks are set to fall on Thursday, giving back more than the previous day's gains after President Donald Trump warned the US would "hit Iran extremely hard" for up to three weeks. The Nasdaq is e
OPEC+ likely to weigh further oil output hike on Sunday, sources say
06:49am, Thursday, 02'nd Apr 2026
OPEC+ is likely to weigh a further oil output increase when eight members meet on Sunday, two OPEC+ sources said, a move that would position key producers to add more barrels should the Strait of H
Trump's Iran timeline may not be short enough to avoid oil demand destruction
06:35am, Thursday, 02'nd Apr 2026
U.S. President Donald Trump said he will end the war in Iran within three weeks. Concerns about oil demand destruction and potential energy rationing are still lingering in markets.
Oil prices rise over 7% as Trump speech leads to uncertainty on Iran war
05:37am, Thursday, 02'nd Apr 2026
President Donald Trump's address left investors with concerns over a potential endpoint for the conflict
BP, Shell and Centrica climb as Trump speech sends oil and gas higher
03:57am, Thursday, 02'nd Apr 2026
Shares in BP PLC (LSE:BP.), Shell PLC (LSE:SHEL, NYSE:SHEL) and Centrica PLC (LSE:CNA) were leading the small band of FTSE 100 risers on Thursday, as oil and gas prices rose after Donald Trump sa
Natural Gas and Oil Forecast: Oil Surges to $105 – Is a $120 Breakout Next?
03:28am, Thursday, 02'nd Apr 2026
Oil hits $105 as geopolitical risks threaten 20% of global supply. While WTI eyes a $111 breakout, Natural Gas remains pressured by high storage and mild weather.
