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TADAWUL:2222 31 January 2026 - 29 June 2026

Tanker exits from Hormuz exceed return flows, oil traders watch mini-glut build

Tanker exits from Hormuz exceed return flows, oil traders watch mini-glut build

Oil prices moved higher Monday, but tanker traffic out of the Gulf drew more attention. Vessel departures are outpacing returns, suggesting the market risks a short-term crude glut and possible delays restarting flows. Brent crude futures moved up 45 cents to $72.44 a barrel by 0627 GMT. U.S. West Texas Intermediate crude traded 82 cents higher at $70.05. Oil prices picked up after attacks on a Qatari-connected oil tanker and a container ship disrupted Hormuz shipping lanes and sparked the sharpest U.S.-Iran escalation since their interim peace deal. Washington and Tehran on Sunday agreed to stop recent hostilities and restart talks, a U.S. official told Reuters.
29 June 2026
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Energy stocks this week: U.S. sector ETF holds flat as oil falls

Energy stocks this week: U.S. sector ETF holds flat as oil falls

Energy stocks in the U.S. head into a short week trading with a more defined separation than crude futures show. Brent crude has pulled back, shedding most of its war risk pricing. But the Energy Select Sector SPDR Fund isn’t tracking oil’s move down point for point. XLE finished at $53.84 on Friday, slipping 0.4% from Monday’s close, according to daily numbers from Investing.com. Brent crude ended the session Friday at $71.99 a barrel, dropping 10.86% since the Thursday before, with the market having closed for a public holiday last Friday.
28 June 2026
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Oil Prices Today: Brent Whipsaws as Iran Peace Hopes Hit OPEC Supply Shock

Funds trim WTI longs, Hormuz supply flows ease squeeze from tight U.S. stocks

Oil finished the week with funds trimming crude length despite U.S. inventories and diesel margins not pointing to a clear bear trade. The settlement tape didn’t show all the pressure seen into the close. CFTC figures for June 23 showed managed money with 209,683 long WTI physical futures and 126,811 short positions. That put the net long at 82,872 contracts. The net was down 13,356 from the previous week as funds trimmed longs and increased shorts.
27 June 2026
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Oil dip does little for Korea AI stocks stuck with chip cost pressure

Oil dip does little for Korea AI stocks stuck with chip cost pressure

South Korea's AI stocks fell Friday despite some relief in oil prices. Investors faced a split market with lower energy costs but higher memory prices. KOSPI dropped 5.8% after being down as much as 8% earlier, hitting a circuit breaker. Even after Friday’s slide, the index was still up 66% this quarter, the best quarterly gain since 1998. The move shows how far the trade had gone.
26 June 2026
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OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

AI companies are now stepping into earnings season after months of raising money privately, as SpaceX gets ready to start trading on Nasdaq following the biggest IPO ever. Reuters said SpaceX raised $75 billion by selling 555.56 million shares at $135 a piece, putting the company’s value near $1.77 trillion. OpenAI has filed confidentially for a U.S. IPO, according to Reuters, following Anthropic’s filing earlier this month. SpaceX's IPO is under the microscope as a key read on how much public investors will pay for next-generation AI infrastructure plays. Reuters reported the deal more than doubled Saudi Aramco's 2019 listing and will put SpaceX among the most valuable U.S.-listed names when shares start trading Friday. Early sessions could shape banker and investor thinking on the upcoming OpenAI and Anthropic offerings.
12 June 2026
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Oil Price Today: Brent Climbs as Hormuz Risk Reprices the Barrel

Oil Price Today: Brent Climbs as Hormuz Risk Reprices the Barrel

Oil climbed once more on Tuesday, with Brent trading near $107 per barrel and West Texas Intermediate holding around $101. The move isn’t about demand—this is about supply threats, and there’s a clear sense of caution. What set things off was the market losing hope for any swift U.S.-Iran deal. According to Reuters, big sticking points remain between Tehran and Washington. Iran, for its part, repeated its stance on controlling the Strait of Hormuz — that chokepoint channeling roughly a fifth of the world’s oil and LNG. That’s the move traders made: barrel prices jumped as supply jitters took hold.
12 May 2026
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UAE Leaves OPEC: The May 1 Move That Could Rewire Oil Prices and Saudi Influence

UAE Leaves OPEC: The May 1 Move That Could Rewire Oil Prices and Saudi Influence

The United Arab Emirates is set to depart OPEC and the OPEC+ group as of May 1, bringing nearly sixty years of membership to a close and clearing the way for Abu Dhabi to chart its own course on oil output—right in the middle of a sharp Middle East supply crunch. According to Bloomberg, the move comes amid a strategic pivot following the Iran war, with the UAE Energy Ministry confirming the decision. Timing drove the market moves. Brent crude hit $112.16 a barrel Tuesday, with U.S. West Texas Intermediate trading at $100.80. Reuters said tensions between the U.S. and Iran kept the Strait of Hormuz mostly shut—the crucial artery for global oil and LNG shipments.
28 April 2026
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Oil Prices Today: Brent Near 4-Year High as Iraq Shutdown Deepens Hormuz Fears

Oil Prices Today: Brent Near 4-Year High as Iraq Shutdown Deepens Hormuz Fears

HOUSTON, March 20, 2026, 15:59 CDT Friday saw oil notch its strongest close since July 2022, as Iraq invoked force majeure on foreign-run fields and tensions escalated in the Gulf. Brent crude for May delivery jumped 3.26% to finish at $112.19 a barrel. The front-month April WTI contract wrapped up at $98.32, just above the more heavily traded second-month U.S. crude, which settled at $98.23.
20 March 2026
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WTI Crude Oil Price Today: U.S. Benchmark Stays Below $100 as Brent Soars on Gulf Attacks

WTI Crude Oil Price Today: U.S. Benchmark Stays Below $100 as Brent Soars on Gulf Attacks

Even after a brief shot above $100, WTI crude settled back under triple digits Thursday, edging up just 0.3% to $96.59 a barrel. Brent, by contrast, soared nearly 7% after Iranian attacks on Gulf energy sites. That divergence pushed WTI’s discount to Brent out to its widest in 11 years. The distinction packs a punch now: West Texas Intermediate sets the tone for most U.S. oil, while Brent drives the seaborne trade. That spread has been stretching, and it’s not subtle—traders are tacking on a fatter premium for barrels tied to Middle East shipping and infrastructure risk. All this comes just as the Federal Reserve and other central banks warn that stubbornly high energy costs could keep inflation from cooling off.
19 March 2026
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Oil Tops $100, Wall Street Futures Slide as Shock U.S. Jobs Data and Iran War Rattle Markets

Oil Tops $100, Wall Street Futures Slide as Shock U.S. Jobs Data and Iran War Rattle Markets

Futures on Wall Street signaled another steep slide Monday, while Brent crude surged past $100 a barrel—a level not seen since 2022. The ongoing U.S.-Israeli war with Iran has disrupted tanker flow through the Strait of Hormuz, and fresh output curbs from the Gulf are squeezing supply further. S&P 500 futures dropped roughly 1.2%. Brent briefly touched the $120 mark before easing back. This shift lands as markets contend with an energy shock, only days removed from a soft U.S. jobs report. February’s nonfarm payrolls dropped by 92,000—analysts had looked for a 59,000 gain. Unemployment ticked up to 4.4%. That combination forces the Federal Reserve to consider whether to prioritize flagging growth or tamp down on rising prices.
9 March 2026
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Oil Prices Soar Above $100 as Iran War Chokes Supply and Governments Scramble

Oil Prices Soar Above $100 as Iran War Chokes Supply and Governments Scramble

Oil shot higher Monday—Brent spiked to $119.50 a barrel at one point—as escalating conflict tied to Iran disrupted Middle East supply chains and unsettled shipping. That rally sent the global benchmark to its strongest mark since mid-2022 and set crude up for a record-setting daily gain. Brent jumped 16.7% to $108.20 by 0642 GMT, with U.S. West Texas Intermediate adding 15.7% at $105.13. Fueling the surge: the Strait of Hormuz, the Gulf chokepoint moving about one-fifth of global oil, remains at the heart of the current turmoil.
9 March 2026
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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

NEW YORK, March 4, 2026, 13:31 — Regular session 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.
4 March 2026
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Brent crude price jumps again as Hormuz shipping risks deepen; traders eye Washington moves

Brent crude price jumps again as Hormuz shipping risks deepen; traders eye Washington moves

London, March 3, 2026, 18:31 GMT — Trading after hours. Brent crude futures jumped roughly 6% to $82.38 a barrel as of 1749 GMT Tuesday, sticking close to their multi-month highs. Standard Chartered hiked its forecast for Brent in the first quarter to $74 a barrel, up from $62, and boosted its 2026 average projection to $70 from $63.50, after the latest bout of unrest in the Middle East. The bank noted that “the forward curve has strengthened notably,” pointing out the market’s willingness to pay a premium for prompt barrels over later delivery.
3 March 2026
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Stock Market Today

  • Nasdaq, NYSE to ring bell with Trump in Oval Office for kids investment program
    June 29, 2026, 1:49 PM EDT. Nasdaq and NYSE are set to open trading from the Oval Office as former President Trump kicks off a government-backed investment program for children. White House economic adviser Kevin Hassett said Monday it's a first for the exchanges, tied to promoting financial investments among the young. The move puts Trump and the exchanges together for a child-focused savings initiative.
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