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HISTORICAL FACTS: 2 | History Defined

Crude Oil Prices Sink as Global Oil Supplies Look to Normalize

July WTI crude oil (CLN26 ) on Tuesday closed down -4.70 (-5.83%), and July RBOB gasoline (RBN26 ) closed down -0.0667 (-2.26%). Crude oil and gasoline prices fell sharply for the fourth consecutive session on Tuesday, with crude posting a 3.5-month low and gasoline posting a 3.25-month low. Crude oil...

Barchart

Crude Oil Prices Tumble as End of US-Iran War Set to Boost Oil Supplies

July WTI crude oil (CLN26 ) today is down -3.76 (-4.66%), and July RBOB gasoline (RBN26 ) is down -0.0653 (-2.22%). Crude oil and gasoline prices extended Monday’s sell-off today, with crude falling to a 3.25-month low and gasoline dropping to a 2.25-month low. Crude oil prices are sinking on...

Barchart

Current price of oil as of June 16, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

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Crude Oil Prices Sink on Deal to Reopen Strait of Hormuz

July WTI crude oil (CLN26 ) on Monday closed down -4.13 (-4.87%), and July RBOB gasoline (RBN26 ) closed down -0.1026 (-3.36%). Crude oil and gasoline prices sold off sharply on Monday, with crude falling to a 2-month low and gasoline dropping to a 2-month low. Crude oil plunged on...

Barchart

Crude Oil Prices Plummet on US-Iran Peace Deal

July WTI crude oil (CLN26 ) today is down -4.35 (-5.12%), and July RBOB gasoline (RBN26 ) is down -0.0808 (-2.65%). Crude oil and gasoline prices are sinking today, with crude falling to a 2-month low and gasoline dropping to a 2-month low. Crude is plunging today after the US...

Barchart

Current price of oil as of June 15, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Crude Oil Prices Continue Sharply Lower on Iran Peace Hopes

July WTI crude oil (CLN26 ) on Friday closed down -2.82 (-3.23%), and July RBOB gasoline (RBN26 ) closed down -0.0516 (-1.66%). July WTI crude oil prices on Friday fell by -3.23%, adding to Thursday’s decline of -2.58%. Crude oil prices fell as reports circulated that an interim US-Iran peace...

Barchart

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Current price of oil as of June 12, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concerns

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Oil, gold and silver prices moved lower after reports that the United States and Iran could reach a peace agreement. Brent futures and US…

The Economic Times

In new crude world order, US is largest exporter of crude

America's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered from an oil embargo imposed by some OPEC members in 1973 to retaliate against US support for Israel. US fortunes began to change after 2010, when…

The Economic Times

Crude Oil Prices Whipsaw Sharply Lower on Iran Peace Hopes

July WTI crude oil (CLN26 ) on Thursday closed down -2.32 (-2.58%), and July RBOB gasoline (RBN26 ) closed down -0.0085 (-0.27%). Crude oil and gasoline prices gave up an early advance and settled sharply lower on Thursday after President Trump said he canceled planned military strikes on Iran, signaling...

Barchart

Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%

US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a war-driven rally as diplomatic back-channel talks between Washington and Tehran signalled possible de-escalation. Iran's Strait of Hormuz closure and record-low OPEC output kept supply fears alive. But…

The Economic Times

Crude Oil Prices Climb as US-Iran Tensions Escalate

July WTI crude oil (CLN26 ) today is up +0.48 (+0.53%), and July RBOB gasoline (RBN26 ) is up +0.0431 (+1.39%). Crude oil and gasoline prices are moving higher today, with gasoline posting a 1-week high. Concerns over the escalation of the US-Iran war are underpinning crude prices after President...

Barchart

Current price of oil as of June 11, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

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The Economic Times

Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closure

Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after tensions between the United States and Iran increased. Traders reacted to reports about the Strait of Hormuz closure, military action, lower crude inventories, and…

Barchart

Crude Oil Prices Soar as President Trump Pledges Immediate Attacks on Iran

July WTI crude oil (CLN26 ) on Wednesday closed up +1.83 (+2.07%), and July RBOB gasoline (RBN26 ) closed up +0.0888 (+2.94%). Crude oil and gasoline prices settled sharply higher on Wednesday after the US and Iran exchanged strikes overnight, which could derail the peace process and keep the Strait...

Barchart

Middle East Hostilities and Bullish EIA Report Boost Crude Oil Prices

July WTI crude oil (CLN26 ) today is up +1.33 (+1.51%), and July RBOB gasoline (RBN26 ) is up +0.0601 (+2.01%). Crude oil and gasoline prices are sharply higher today after the US and Iran exchanged strikes overnight, which could derail the peace process and keep the Strait of Hormuz...

The Economic Times

OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: Report

OPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was primarily driven by a U.S. naval blockade impacting Iran's exports, making it impossible for OPEC+ members to meet their planned production increases.

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Fortune

Current price of oil as of June 10, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Barchart

Crude Oil Prices Finish Sharply Lower on US-Iran Peace Hopes

July WTI crude oil (CLN26 ) on Tuesday closed down -3.10 (-3.40%), and July RBOB gasoline (RBN26 ) closed down -0.0495 (-1.61%). Crude oil and gasoline prices fell sharply on Tuesday, with crude posting a 7-week low and gasoline posting an 8-week low. Crude prices retreated on Tuesday as the...

Barchart

Crude Oil Prices Sink as Israel-Iran Ceasefire Holds

July WTI crude oil (CLN26 ) today is down -3.42 (-3.75%), and July RBOB gasoline (RBN26 ) is down -0.0636 (-2.07%). Crude oil and gasoline prices are sinking today, with crude posting a 1-week low and gasoline posting a 1.75-month low. Crude prices are under pressure today as the ceasefire...

Fortune

Current price of oil as of June 9, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Kiplinger

Iran War Upends the Global Oil Industry: Kiplinger Special Report

Even after the war ends, oil producers and importers will be racing to lessen their reliance on oil shipments through the Persian Gulf.

Barchart

Crude Oil Prices Edge Higher on Shaky Middle East Ceasefire

July WTI crude oil (CLN26 ) on Monday closed up +0.76 (+0.84%), and July RBOB gasoline (RBN26 ) closed up +0.0247 (+0.81%). Crude oil prices settled higher on Monday amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...

Barchart

Renewed Middle East Hostilities Boost Crude Oil Prices

July WTI crude oil (CLN26 ) today is up +1.31 (+1.45%), and July RBOB gasoline (RBN26 ) is up +0.0450 (+1.48%). Crude oil prices are moving sharply higher today amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...

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