Exchange: CME·Updated 11:59 AM CDT
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USO, UCO Dip As Oil Prices Slide After Trump Declares Iran Deal 'Complete' — Analyst Sees $80 Brent By Year-End
U.S. President Donald Trump confirmed the deal with Iran in a post on Truth Social, adding that the Strait of Hormuz would reopen on Friday.
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Iran-US Draft Deal Would Reopen Hormuz, Free $25 Billion, Waive Oil Sanctions: Report
Iran will continue its nuclear program but refrain from enriching uranium and expanding facilities.
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Why Are BATL, INDO, XOM, CVX, USO, UCO Rising Overnight?
Oil prices climbed higher on reports that Israel fired back at Iran in retaliation for attacks on Sunday despite Trump’s warning not to.
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BATL, TPET, SKYQ, INDO Stocks Surge Premarket: Oil Prices Spike On Renewed US-Iran Hostilities
Oil prices climbed higher after reports emerged that the U.S. and Iran had exchanged fire, stoking concerns over the prolonged closure of the Strait of Hormuz.
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Oil Rebounds Amid Inventory Drawdowns, Iran War Uncertainty: Economist Says 'Stay Long'
U.S. crude oil inventories during the week ending May 15 decreased by 7.9 million barrels, according to data from the U.S. Energy Information Administration.
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Nasdaq, S&P 500 Futures Edge Higher, Dow Futures Flat Ahead Of Nvidia Results: IBRX, SLS, NVDA, CHWY Stocks In Focus
Chip manufacturer Nvidia is slated to post first-quarter results on Wednesday, expected to provide cues on artificial intelligence growth.
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XOM Or CVX? Wall Street Sees More Upside In One Oil Major
Exxon Mobil shares have climbed 30% in 2026, while Chevron shares have gained nearly 26% in the same time.
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Crude Clings To Gains Amid Trump’s Tehran Pressure, Shrinking US Stockpiles
Oil markets are now turning focus toward the upcoming OPEC+ meeting on July 6, where production policy for August will be decided.
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Crude Crash Sparks Bullish Signal In Hindustan Petroleum: SEBI RA Sees Rebound Potential
Indian oil marketing companies may see relief in marketing margins as global crude prices retreat sharply following Middle East ceasefire developments.
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Oil Prices Volatile As Iran Vote Raises Strait Closure Risks; SEBI RAs Flag Market Impact
India’s reliance on Gulf oil imports and potential natural gas supply disruptions has raised concerns about energy security and short-term price shocks. Several analysts see tactical trading opportunities.
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