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fromwww.theguardian.com
19 hours ago

Oil price drops amid hopes of US-Iran peace deal

Oil prices fell on Friday as investors hoped for an end to the US-Israel war on Iran, leaving the commodity poised for one of the biggest monthly declines ever. The price of Brent crude futures, the global benchmark, fell by 1.3% to $91.54 and is nearing a fall of 17% since the start of May. The price of futures for West Texas Intermediate, the North American benchmark, fell by 1.4% on Friday morning to $87.64 a barrel.
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SF politics
from24/7 Wall St.
1 week ago

Trump Promised to Refill America's Emergency Oil Reserve. Instead, It Just Saw Its Largest Weekly Drain in History.

About 10 million barrels were withdrawn from the Strategic Petroleum Reserve in one week, dropping total holdings below 375 million barrels.
Business
from24/7 Wall St.
2 weeks ago

Up 130% YTD, This ETF Can Double Again as Iran War Has No End in Sight

UCO has gained strongly because it targets 2x daily returns on a balanced WTI futures basket that reduces contango roll losses.
Business
from24/7 Wall St.
3 weeks ago

USO and BNO Have Soared 100% Plus in 2026, Here's the Better Pick for Next

Crude oil prices surged above $100 a barrel in April 2026, driven by geopolitical risks and tight supply.
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