Today: 22 May 2026
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NASDAQ:BOKF 27 January 2026 - 5 March 2026

Heating Oil price today: ULSD futures jump near 10% as Strait of Hormuz fears bite

Heating Oil price today: ULSD futures jump near 10% as Strait of Hormuz fears bite

U.S. April heating oil futures surged 9.8% to $3.6163 a gallon Thursday, hitting a 52-week high as supply risks and Middle East tensions rattled markets. Brent crude rose to $84.32 a barrel and U.S. WTI to $79.06. Average U.S. retail diesel prices climbed to $4.04 per gallon. Distillate inventories remain about 3% below the five-year average, EIA data showed.
Brent crude price leaps above $84 as Hormuz attacks rattle oil markets

Brent crude price leaps above $84 as Hormuz attacks rattle oil markets

Brent crude jumped over 3% to $84.32 a barrel after tanker explosions and shipping disruptions near Kuwait and Iraq, with about 200 vessels stranded off major oil producers. U.S. crude inventories rose by 3.5 million barrels last week. JPMorgan warned Iraqi and Kuwaiti supplies could halt if the Strait of Hormuz remains closed, threatening 3.3 million barrels per day. Diesel prices and physical crude premiums surged amid tightening supply.
Brent oil price today: Brent holds above $81 as Hormuz disruption keeps traders edgy

Brent oil price today: Brent holds above $81 as Hormuz disruption keeps traders edgy

Brent crude rose 0.4% to $81.69 a barrel in London after sharp swings, as shipping through the Strait of Hormuz remained heavily disrupted for a fifth day. Tanker traffic through the strait dropped to four vessels on March 1, down from an average of 24. U.S. crude stocks climbed by 3.5 million barrels last week. Banks raised oil price forecasts, with UBS warning Brent could top $90 if disruptions persist.
Oil prices today: Brent steadies near $81 as Hormuz disruption drags on and banks flag $100 risk

Oil prices today: Brent steadies near $81 as Hormuz disruption drags on and banks flag $100 risk

Brent crude slipped 24 cents to $81.13 a barrel by late morning Wednesday, erasing earlier gains after reports of possible Iran–U.S. intelligence contacts. The Strait of Hormuz remained blocked for a fifth day after a U.S. strike hit an Iranian warship, forcing Iraq to cut output by 1.5 million bpd. Saudi Aramco diverted some crude loadings to Yanbu as tanker rates surged. Goldman Sachs raised its Brent forecast, citing risks from prolonged Hormuz disruptions.
Heating oil price slips after cold snap surge as traders take profit; inventories in focus

Heating oil price slips after cold snap surge as traders take profit; inventories in focus

NY Harbor ULSD March futures fell 0.9% to $2.3283 a gallon Tuesday as winter storm disruptions unsettled distillate trading. U.S. crude output dropped by up to 2 million barrels per day over the weekend, but production and refinery operations are recovering. Traders await outage updates and Wednesday’s U.S. inventory report.

Stock Market Today

  • Johnson & Johnson (JNJ) Surpasses Market Gains Amid Mixed Earnings Outlook
    May 21, 2026, 7:22 PM EDT. Johnson & Johnson (JNJ) closed at $161.43, up 0.79%, outperforming the S&P 500's 0.42% gain and advancing 5.13% over the past month, outpacing the Medical sector's 4.9%. The company is anticipated to report quarterly earnings per share (EPS) of $2.26, down 15.04% year-over-year, alongside a 3.85% revenue increase to $22.17 billion. Full-year estimates project EPS growth of 1.51% to $10.07 and a revenue decline of 4.85% to $88.51 billion. Despite this, JNJ holds a Zacks Rank of #4 (Sell) with a slight EPS estimate decrease over the last month. The stock trades at a forward price-to-earnings (P/E) ratio of 15.9, modestly above the industry average, and a PEG ratio of 2.62, indicating a premium relative to expected earnings growth.

Latest articles

Spirit’s Collapse Could Make Cheap Summer Flights Harder to Find

Spirit’s Collapse Could Make Cheap Summer Flights Harder to Find

22 May 2026
Spirit Airlines’ lawyer apologized in bankruptcy court to travelers “priced entirely out” of air travel after the carrier’s May 2 shutdown. JetBlue and Frontier are adding flights on former Spirit routes, while JetBlue is cutting 11 other routes, including a full exit from Manchester-Boston. Breeze Airways launched new service at Atlantic City, where Spirit flew most flights. Rising jet fuel costs and funding shortfalls triggered Spirit’s collapse.
Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

22 May 2026
Lockheed Martin began construction Thursday on an 87,000-square-foot munitions facility in Troy, Alabama, to expand THAAD interceptor and Next Generation Interceptor production. The project is part of a $9 billion investment to boost missile output amid Pentagon pressure to increase inventories. Lockheed said the new building will nearly double its Troy production space and add jobs over the next three years.
Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

22 May 2026
Grab’s U.S.-listed shares rose 1.6% to $3.56 after the company moved to consolidate Indonesia’s Superbank, raising its stake above 50%. The consolidation will fold Superbank’s results into Grab’s financial-services segment from May 2026. Superbank has over six million customers and assets of 24 trillion rupiah as of April. Grab’s market value stood near $14.1 billion on Thursday.
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