Oil Prices Fall After U.S. Waives Sanctions on Iranian Crude

The sanctions waiver could be a sign that talks between the U.S. and Iran are progressing well.

Barrons • 6 hours ago

Gulf oil tanker rates nearly double as Middle East producers ramp up exports

Oil tanker operators are reaping record ​profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf ‌region this week on rising demand as traffic through the waterway slowly picks up, according to shipping data and sources.

Reuters • 40 minutes ago

XOP vs OIH: E&P or Oil Services for Energy Exposure?

The SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) and the VanEck Oil Services ETF (NYSEARCA:OIH) both promise energy exposure, but they bet on different links in the same chain.

24/7 Wall Street • 2 hours ago

Natural Gas and Oil Forecast: WTI Defends $73.70 While Brent Holds $77.55 — NatGas Eyes $3.321?

Oil and Natural Gas trade calmly as the Middle East truce holds firm. WTI rebounds to $73.70 defending channel support, Brent holds $77.55, and Natural Gas holds $3.272 with bullish continuation.

FXEmpire • 10 hours ago

Crude Oil Price Analysis – Crude Oil Continues to Face Pressures

Crude continues to see downward pressure in general, as traders are betting on the flow of oil getting to market as the Middle East sees signs of potential peace.

FXEmpire • 2 hours ago

What Comes Next For Hormuz Oil Flows?

The US has issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal. Bloomberg's Weilun Soon breaks down how it is impacting on oil flows.

Bloomberg Markets and Finance • 3 hours ago

Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again

Shipping stalled through the strategically vital Strait of Hormuz over the weekend, according to maritime intelligence company Windward. The data shows that a recovery in oil tanker traffic through the world's most important oil choke point just last week appears to have already hit a snag.

CNBC • Jun 22, 2026

US loans 500,000 barrels of oil from Strategic Petroleum Reserve

The U.S. Energy Department said on Monday that one energy firm had taken a loan of 500,000 barrels of crude oil ​from the Strategic Petroleum Reserve, representing about 1.25% of the ‌barrels at offer in the latest allotment under the Trump administration's effort to curb fuel prices.

Reuters • 20 hours ago

A flood of oil is set to hit energy markets. Here's how much crude may be unleashed.

Despite a fragile U.S.-Iran cease-fire and fears of an uneven recovery, millions of barrels of crude oil are already lined up over the short term.

Market Watch • 21 hours ago

Oil prices rise as investors continue to watch U.S.-Iran moves, Citi sees `overhang' disappearing

The U.S. Treasury issued a 60-day license that authorizes the production, delivery and sale of oil from Iran. Vice President JD Vance assured that there has been "great progress" made during the talks in Switzerland.

CNBC • 15 hours ago