Today: 21 July 2026
Browse Category

Energy Markets 7 May 2026 - 16 July 2026

Exxon, Chevron set for $26B quarter; refiners hold up in Iran war trade

Exxon, Chevron set for $26B quarter; refiners hold up in Iran war trade

Marathon Petroleum and Valero Energy jumped about 3.8% each in late-morning trading on Monday. Exxon Mobil added 3.4%. Chevron was up 2.2%. Brent crude was up more than 4%, above $79 a barrel, after President Donald Trump said the U.S. is bringing back its naval blockade of Iran. The split in refiners and oil majors points to stronger fuel margins, not just the crude rally, as the key driver for earnings.
Gasoline crunch brings big gas stations, fuel margins into investor view

Gasoline crunch brings big gas stations, fuel margins into investor view

Investors tracking crude could miss what’s happening in fuels. Gasoline supply, retail margin, and store visits matter too. Russia is rationing after its refineries were hit. U.S. travel centers want people to use the pump as a way into buying food, coffee and other high-margin items. AAA reported regular gas at $3.81 a gallon Saturday. That’s down from $4.24 last month, but more than the $3.15 seen a year ago. Diesel at $4.80.
Europe heat heats up grid as investors watch low air-con adoption

Europe heat heats up grid as investors watch low air-con adoption

Europe’s all-time June heat is putting cooling-system demand and grid resilience to the test. The World Meteorological Organization said the heatwave smashed late-June records and disrupted infrastructure and labour output in countries from Portugal to Romania. “Heatwaves like this are what we expect to see in a changing climate,” said WMO’s John Kennedy.
US and Iran Peace Deal Signing in Focus as June 19 Nears

US and Iran Peace Deal Signing in Focus as June 19 Nears

Pakistan said the US and Iran have agreed to end their war, with a formal signing set for Friday, June 19, in Switzerland. The announcement points to a diplomatic deal meant to reopen the Strait of Hormuz and bring some stability to energy markets. Prime Minister Shehbaz Sharif said the agreement would mean “the immediate and permanent termination of military operations on all fronts, including in Lebanon.” Reuters reported the exact terms were not clear.
Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Brent jumps near $100 as Iran talk stops, Strait threat looms Oil rallied Monday, with Brent crude close to $100 a barrel after Iran’s Tasnim news agency said Tehran stopped messaging the U.S. and Iran-backed groups could block the Strait of Hormuz and other routes. Brent futures gained $6.02, or 6.6%, to trade at $97.14 a barrel at 10:02 a.m. ET. U.S. West Texas Intermediate crude added $6.68, up 7.7%, to $94.04.
1 June 2026
Oil’s $110 Shock Sets Traders on Edge for Next Week

Oil’s $110 Shock Sets Traders on Edge for Next Week

Oil spent Friday close to $110 a barrel after a late surge put traders on alert for new headlines from the Strait of Hormuz. The key waterway handles about 20% of global oil and LNG shipments. Brent crude futures closed at $109.26 a barrel, up 3.35%. U.S. West Texas Intermediate finished the day at $105.42, up 4.2%.
16 May 2026
Natural Gas Price Forecast: Storage Surprise Keeps Henry Hub Near $2.80 Before Summer Demand Test

Natural Gas Price Forecast: Storage Surprise Keeps Henry Hub Near $2.80 Before Summer Demand Test

Natural gas futures in the U.S. wrapped up the week just under $2.80 per million British thermal units. Prices held their ground on a lighter storage build, though a decisive move higher remained elusive with spring demand lagging. As of May 8, Trading Economics showed natural gas at $2.80, marking a monthly gain of roughly 5%, but the contract is still off more than 26% compared to the same period last year.
Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

Gasoline prices across the U.S. stuck close to $4.55 a gallon Friday, traders caught between speculation over a potential U.S.-Iran peace breakthrough and renewed clashes around the Strait of Hormuz. For drivers, there’s not much hope of seeing pre-war prices just yet. AAA listed the national average for regular at $4.546 on May 8—a penny lower than Thursday, still up 15 cents compared to last week, and a hefty $1.39 jump from a year ago.
8 May 2026
Oil Drops Below $100 as Trump-Iran Deal Hopes Put Strait of Hormuz Back in Play

Oil Drops Below $100 as Trump-Iran Deal Hopes Put Strait of Hormuz Back in Play

Oil slid under $100 a barrel Thursday, with traders wagering a partial U.S.-Iran agreement might loosen up the Strait of Hormuz and take some pressure off supply risks tied to the Middle East conflict. Brent crude shed $1.95, down 1.93%, landing at $99.32 as of 0912 GMT. U.S. West Texas Intermediate lost $1.93, settling at $93.15. Both benchmarks had plunged over 7% on Wednesday.
1 2 3 14
Go toTop