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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Oil eyes weekly drop on Hormuz deal hopes; AI sends stocks to record highs
10:07pm, Thursday, 28'th May 2026
World stocks stood at record highs on Friday and oil futures eyed the steepest weekly drop for nearly two months as traders waited for details on a potential deal to reopen the Strait of Hormuz and
Oil falls slightly on reports of potential US-Iran ceasefire deal
09:16pm, Thursday, 28'th May 2026
Oil futures fell slightly on hopes for a potential deal to extend a U.S.-Iran ceasefire, although remarks from Vice President JD Vance that the nations were "close" to reaching a deal but "not t
Oil Falls on Optimism Over Potential U.S.-Iran Deal
08:06pm, Thursday, 28'th May 2026
Oil fell in early Asian trade on optimism over a potential U.S.-Iran deal that could ease supply-disruption concerns.
The Iran war may be winding down, but the era of $60 oil could be over
05:20pm, Thursday, 28'th May 2026
The Iran war could soon draw to a close. Oil prices, however, may not roll back with it.
Crude Oil Price Forecast: Breakdown Extends Bearish Momentum
05:09pm, Thursday, 28'th May 2026
Crude oil extends downside momentum after breaking key moving averages and trendline support, with price now targeting lower Fibonacci and moving average support zones amid continued bearish structure
Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
05:03pm, Thursday, 28'th May 2026
Oil inventories will hit "really, really low levels" in the coming weeks due to the Middle East conflict, said Exxon Mobil executive Neil Chapman. This will force the price of oil to shoot higher, Cha
Bessent: Oil market will be 'VERY WELL-SUPPLIED' on the other side of this
05:00pm, Thursday, 28'th May 2026
Treasury Secretary Scott Bessent addresses the economic impact from the situation in the Strait of Hormuz and the ceasefire extension proposal while taking questions from the press. 00:00 Outlook
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. And Iran May Extend Ceasefire By 60 Days
03:10pm, Thursday, 28'th May 2026
According to recent reports, U.S. and Iran are moving towards a temporary deal that would reopen the Strait of Hormuz.
U.S. Crude-Oil Stockpiles Post Fifth Straight Weekly Drop
01:23pm, Thursday, 28'th May 2026
Commercial crude-oil stocks fell by 3.3 million barrels last week. Analysts expected crude stocks to decrease by 4 million barrels.
Ride the 2026 Oil Shock With These Top ETFs
01:01pm, Thursday, 28'th May 2026
The Middle East war has turned 2026 into a breakout year for energy ETFs, with seven oil-focused funds surging as a historic supply crunch pushes crude prices higher. Key Takeaways: Seven oil ETFs are
How Tentative U.S.-Iran Deal Affects Oil, Yields & Fed
12:00pm, Thursday, 28'th May 2026
@CharlesSchwab's Liz Ann Sanders and Cooper Howard break down the reported U.S.-Iran deal awaiting President Trump's approval and why the market reaction could shift sentiment as short-term traders re
TotalEnergies made Middle East oil mega-trades after noticing US Navy buildup in Gulf in February, CEO says
11:17am, Thursday, 28'th May 2026
French oil major TotalEnergies made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy amassing ships near the Gulf in February, its CEO told �
Crude Oil Price Analysis – Oil Has Overhead Pressure as Traders Watch Middle East
10:33am, Thursday, 28'th May 2026
Crude oil markets continue to see a lot of chop on Thursday, as we continue to see a massive amount of headline confusion and noise.
US Strikes Iran Targets, Oil Gains With No Accord in Sight
09:37am, Thursday, 28'th May 2026
Renewed US attacks on Iran targets near the Strait of Hormuz threaten a fragile ceasefire. Oil climbed as traders wait for signs of whether the US and Iran can reach a peace deal that would reopen the
U.S. Natural Gas Futures Edge Down
09:14am, Thursday, 28'th May 2026
U.S. natural gas futures edged lower as the Nymex July contract moved to the front of the curve.
