Today: 12 June 2026
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NYSE:XOM 1 October 2025 - 15 October 2025

Oil Prices Rollercoaster: Trade War Fears & OPEC Moves Spark 5-Month Lows

Oil Tanks to ~$59 as Glut Fears Mount – Experts Warn “Super Glut” Looming

Oil prices have dropped to five-month lows, with WTI crude near $58.70 and Brent around $62.70, after rising OPEC+ output and renewed U.S.–China trade tensions triggered a selloff. The IEA now projects a record 4 million barrels/day surplus in 2026. Bank of America warns Brent could fall below $50 if the trade war worsens. Investors have shifted to gold, which hit all-time highs above $4,200/oz.
Natural Gas Prices Soar: Will America’s Energy Boom Fuel a New Price Spike in 2026?

Natural Gas Prices Soar: Will America’s Energy Boom Fuel a New Price Spike in 2026?

U.S. natural-gas futures rose to $3.47/MMBtu on October 1, 2025, up 5% from the previous day and 20% year-on-year. Lower-48 production slipped to 107.4 bcf/d in September, while storage remained 6% above the five-year average. Trading Economics projected prices to reach $4.15/MMBtu within a year. U.S. LNG export capacity is set to grow 36% from 2024 to 2026 as new terminals open.
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Stock Market Today

  • Sensex Today: Nifty Targets Weekly Gain as Market Reacts to Trump TACO
    June 11, 2026, 9:11 PM EDT. The Nifty index aims to stave off a fourth consecutive weekly decline amid market volatility triggered by President Donald Trump's latest TACO (Trade, Announcement, Policy, or Comment). Investors weigh the impact of these developments on the broader market. The benchmark Sensex follows Nifty's cautious stance, reflecting ongoing uncertainties. Traders remain watchful as political developments continue to influence market sentiment, with key sectors showing mixed performance. Market participants are focused on upcoming economic data and corporate earnings to gauge future trends.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
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