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NASDAQ:BOKF 27 January 2026 - 27 May 2026

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

Oil prices slipped back after an early jump on Wednesday, with Brent futures down 24 cents at $81.13 a barrel by 11:18 a.m. ET, and U.S. West Texas Intermediate losing 27 cents to $74.30—a 0.4% dip. Earlier, Brent had surged over $3 to reach $84.48, but news of possible intelligence talks between Iran and the U.S. wiped out much of the rally. UBS’s Giovanni Staunovo pointed out that traders appeared to be betting on “a de-escalation.” Still, Dennis Kissler at BOK Financial flagged that heavy volumes of oil lingering offshore could leave “price volatility” elevated.
Oil prices hold near $68 as OPEC+ April supply talk meets softer U.S. inflation

Oil prices hold near $68 as OPEC+ April supply talk meets softer U.S. inflation

Oil held firm Friday, regaining ground after a softer U.S. inflation print blunted an earlier slide triggered by fresh OPEC+ supply chatter. By 12:22 p.m. ET, Brent crude inched up 11 cents to $67.63 a barrel, while U.S. WTI stuck at $62.84. Both contracts, though, remained on course for weekly declines, still reeling from Thursday’s nearly 3% plunge. “Looks like inflation is stabilizing,” said Dennis Kissler, senior VP of trading at BOK Financial. He pointed out crude’s persistent $5-to-$7-a-barrel “geopolitical premium”—a nod to ongoing disruption risks.
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