Today: 12 June 2026
Browse Category

Oil Prices 24 May 2026 - 1 June 2026

Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow drops 0.22% to 50,920.76 after last week’s record, as delayed LSEG data and inflation worries weigh. S&P 500 flat, Nasdaq up 0.01%. Nvidia jumps 4% on new AI chip launch with Microsoft, boosting tech. Most S&P 500 sectors fall; consumer discretionary drops 2%. U.S. manufacturing PMI hits four-year high at 54.0, stoking inflation fears. Brent crude surges 6.11% to $96.69. Investors eye jobs data and Broadcom results this week.
1 June 2026
·······
FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

FTSE 100 drops 0.20% as Middle East conflict pushes Brent crude up over 3% to $93.80, reviving inflation fears. EasyJet surges after Castlelake eyes possible bid; board calls timing “highly opportunistic.” Bluefield Solar jumps on £561m Drax deal. ME Group cuts profit outlook, shares fall. Wise sinks amid Belgian anti-money laundering probe. UK factory PMI hits 53.9, but price hikes raise Bank of England rate concerns.
1 June 2026
·
Oil Has Steepest Weekly Drop Since April as Hormuz Worry Remains

Oil Has Steepest Weekly Drop Since April as Hormuz Worry Remains

Brent crude closed at $92.05 a barrel Friday as oil futures fell on expectations of a U.S.-Iran ceasefire to ease Gulf shipping risks. U.S. crude stocks dropped by 3.3 million barrels last week, with gasoline and distillate supplies also down, according to the EIA. Japanese crude imports in April fell nearly 66% year-on-year. OPEC+ members are set to discuss raising July output targets at a June 7 meeting.
30 May 2026
Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

The Dow Jones Industrial Average fell 110.97 points, or 0.22%, to 50,533.31 by 10:01 a.m. ET Thursday, pressured by renewed U.S.-Iran tensions and April inflation data showing the PCE index up 3.8% year-over-year. Energy stocks led declines as gasoline prices surged 12.3% in April. Fed officials signaled rates may stay high. Caterpillar and Sherwin-Williams weighed heavily on the Dow.
28 May 2026
··
India Shut for Market Holiday, Gift Nifty Flashes Friday Caution as Oil Jumps

India Shut for Market Holiday, Gift Nifty Flashes Friday Caution as Oil Jumps

Indian stock exchanges closed Thursday for Bakri Id, while Gift Nifty futures fell 0.79% to 23,655.50, signaling a weaker Friday open. Brent crude jumped 3.6% to $97.71 amid U.S.-Iran tensions. Foreign investors have pulled over $23 billion from Indian markets in 2026, raising the risk of the first annual decline since 2015. Taiwan has overtaken India as the world’s fifth-largest stock market by market cap.
28 May 2026
·····
ASX 200 slumps on oil shock, banks and tech drop

ASX 200 slumps on oil shock, banks and tech drop

Australian shares fell sharply Thursday, with the S&P/ASX 200 down 1.4% to 8,592.90 as renewed fighting near the Strait of Hormuz drove oil prices higher. Banks, miners, and tech stocks each lost over 2%, while gold miners dropped as much as 7.1%. April CPI eased to 4.2%, but core inflation remained above the Reserve Bank’s target. Investors remain focused on Middle East tensions and inflation risks.
28 May 2026
·········
Asian equities fall after oil jumps, cooling AI trade

Asian equities fall after oil jumps, cooling AI trade

Asian stocks fell Thursday as U.S.-Iran tensions pushed oil prices higher, with Japan’s Nikkei 225 down 0.47%, Hong Kong’s Hang Seng off 1.32%, and Australia’s All Ordinaries dropping 1.40%. Shanghai’s index edged up 0.07%. Brent crude rose 2.62% to $96.76. The yen neared 160 to the dollar, while U.S. Treasury yields climbed. India’s markets were closed for a holiday.
28 May 2026
·
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Jones Closes at Record as Oil Sinks; AI Stocks Pause

The Dow Jones Industrial Average closed at a record 50,650.76, up 189.08 points, driven by gains in healthcare and consumer stocks as tech shares slipped. Oil prices fell sharply, with Brent crude down 4.6% to $92.25 a barrel. Airlines and cruise lines rose on lower fuel costs. The S&P 500 and Nasdaq posted only slight gains, while chip stocks retreated.
27 May 2026
···············
Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

The Dow rose 0.51% while the S&P 500 was nearly flat and the Nasdaq slipped 0.07% late Wednesday morning, after both indexes set records Tuesday. Oil prices fell, lifting cruise and airline stocks but weighing on energy shares. Micron hit $1 trillion in market cap. Goldman Sachs raised its S&P 500 year-end target to 8,000.
27 May 2026
···········
Best Energy Stocks to Buy Today: 5 Oil Stocks in Focus as Brent Tops $110

Oil Nears $100 in London After Iran Shock

Brent crude rose 3.6% to $99.64 a barrel Tuesday after U.S. airstrikes in southern Iran dimmed hopes for a peace deal and kept the Strait of Hormuz partly closed. WTI fell 3.7% to $93.09, with no Monday settlement due to the U.S. holiday. Three LNG tankers passed through Hormuz, but oil flows remain restricted. Indian refiners cut crude runs by 8.9% in April, turning to Latin America and Africa for supplies.
26 May 2026
·
FTSE Opens Up as Oil Moves, But Investors on Watch

FTSE Opens Up as Oil Moves, But Investors on Watch

The FTSE 100 rose 0.86% to 10,556.60 after the spring bank holiday, led by gains in Kingfisher and oil-linked stocks. Kingfisher reported a 0.7% drop in first-quarter like-for-like sales but kept its profit target. Brent crude climbed over 2% to $98.21 after U.S. strikes in southern Iran. UK shop prices rose 1.2% in May from a year earlier, the British Retail Consortium said.
26 May 2026
··········
Nifty on Oil Watch Again as Rally Resumes

Nifty on Oil Watch Again as Rally Resumes

Nifty 50 traded flat at 24,021.95 by midday Tuesday in Mumbai, losing early gains as new U.S. strikes in Iran dampened optimism over Middle East peace. The rupee fell 0.2% to 95.4325 per dollar after Brent crude jumped over 2%. Small- and mid-cap stocks outperformed, while tech shares rose and several blue chips lagged. Currency markets saw state-run banks selling dollars to limit rupee losses.
26 May 2026
·····
Air Canada Shares Gain After Oil Declines, Labour Talks Update

Air Canada Shares Gain After Oil Declines, Labour Talks Update

Air Canada shares climbed nearly 3% Monday in Toronto, buoyed by falling oil prices and a tentative labor deal covering 6,000 Unifor members. The stock traded near C$20.90 after closing at C$20.30 Friday. The S&P/TSX composite hit a record intraday high as oil dropped about 5% following reports of U.S.-Iran peace talks. Air Canada last month withdrew its 2026 outlook, citing jet-fuel volatility.
25 May 2026
···
Brent Drops Under $100 After Iran Deal Hopes Hit Market

Brent Drops Under $100 After Iran Deal Hopes Hit Market

Brent crude fell 5.8% to $97.53 a barrel and WTI dropped 5.9% to $90.95 on Monday, both hitting lows not seen since May 7. Traders cited progress in U.S.-Iran talks and reduced war risk at the Strait of Hormuz. U.S. and UK market holidays left trading thin and volatility high. Shipping data showed limited tanker movement through the strait.
25 May 2026
·
Bitcoin holds over $77,000; oil falls, ETF outflows reported

Bitcoin holds over $77,000; oil falls, ETF outflows reported

Bitcoin rose above $77,000 Monday in thin holiday trading, last up 0.8% at $77,500. U.S. spot bitcoin ETFs saw net outflows of about $1.26 billion from May 18–22, with total outflows over $2 billion in two weeks. Oil fell over 4% as U.S.-Iran talks showed progress, easing inflation concerns. Major equity markets in New York and London remained closed for holidays.
25 May 2026
··
Nifty Faces Oil Moves, Rupee and Short Week

Nifty Faces Oil Moves, Rupee and Short Week

The Nifty 50 rose 0.27% Friday to 23,719.3 and the Sensex gained 0.31% to 75,415.35, but both indexes remain down sharply since the Iran war began. The rupee hit record lows, prompting Reserve Bank intervention, and foreign investors have sold $23 billion in Indian shares this year. Markets will close Thursday for Bakri Id, leaving four trading sessions in the week.
24 May 2026
·····
Asia Stocks Face Big Week as Oil, Bonds, AI Stay in Spotlight

Asia Stocks Face Big Week as Oil, Bonds, AI Stay in Spotlight

Japan’s Nikkei 225 jumped 2.68% Friday, leading gains across Asia, as chip stocks rallied despite Brent crude holding above $103 and U.S. 10-year yields at 4.558%. Nvidia and Lenovo fueled hardware optimism, but China announced a crackdown on online brokers. President Trump claimed progress on an Iran peace deal, though Iran disputed reopening the Strait of Hormuz.
24 May 2026
·······
1 2 3 4 … 31

Stock Market Today

  • Bitcoin Hits $59,000 Bottom, Signaling End of Crypto Winter, Says Standard Chartered Analyst
    June 12, 2026, 3:19 PM EDT. Bitcoin has bottomed at around $59,000, marking a 53% decline from its October high and signaling the end of the crypto winter, Standard Chartered analyst Geoffrey Kendrick said. Data from CoinDesk confirms bitcoin hit $59,375 on June 5. Kendrick forecasts bitcoin reaching $100,000 and ether $4,000 by year-end. Key factors include significant bitcoin ETF selling, with over $5.72 billion redeemed since early May, alongside ETF investors reallocating funds to Elon Musk's SpaceX IPO, which debuted on Nasdaq about 26% above its $150 initial price.

Latest articles

FreeCast Rallies on DIRECTV Deal, But Risks Remain for CAST

FreeCast Rallies on DIRECTV Deal, But Risks Remain for CAST

12 June 2026
FreeCast (NASDAQ: CAST) soared 147% to $1.59 on nearly 148 million shares after expanding its DIRECTV partnership to residential and Platform-as-a-Service channels, but the surge came amid extreme volatility, ongoing heavy losses, just $119,302 in cash, and a going-concern warning, with no new financial terms or subscriber targets disclosed.
Cuprina jumps after Nasdaq compliance update, but risks remain

Cuprina jumps after Nasdaq compliance update, but risks remain

12 June 2026
CUPR soared 74% to $4.20 after Cuprina said Nasdaq confirmed it had regained compliance with minimum bid price rules, removing immediate delisting risk following a 1-for-8 share consolidation; Friday’s rally reflects relief over trading continuity, but with 2025 revenue at just US$38,789 and net loss at US$3.63 million, investors now await proof of commercial traction in chronic wound care markets.
Go toTop