United States Brent Oil Fund, LP (BNO)
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Polymarket signals weeks more oil pain as peace deal hopes shift to May and June
Prediction markets have priced out any near-term resolution, with a US-Iran deal now seen as a May or June event at the earliest. Polymarket, the prediction market platform, is pricing just a 31% chance of a permanent US-Iran peace deal by the end of May, rising to 48% by the end of June, signalling that traders expect Persian Gulf oil disruption to persist for weeks and potentially months yet.
Oil could end the year at $100 if flows don't normalize soon, says Goldman Sachs
Analysts at the investment bank upgraded their forecast for West Texas Intermediate to $83 a barrel by the fourth quarter of 2026
Oil Pushes Higher as Stalled Peace Talks Weigh on Sentiment
U.S. stock futures edged lower. Talks expected to take place between the U.S. and Iran over the weekend didn't go ahead, dragging on investor sentiment.
Stock Market Today: Oil Climbs After Peace Talks Stall
Stocks slip at the start of a busy earnings week.
Buy airline tickets now, Spain urges as Iran war lifts oil prices
Consumers should buy airline tickets as soon as possible to avoid the risk of higher fares caused by rising oil prices triggered by the war in Iran, Spain's industry and tourism minister said.
Oil Rises Amid Rising Strait of Hormuz Tensions
Oil rose in Asia amid rising tensions related to the Strait of Hormuz, while equities in the region advanced gained tracking Wall Street's gains on Friday.
Oil Rises Amid Ongoing Middle East Tensions
Oil rose amid ongoing Middle East tensions. The stalemate continues, Strait of Hormuz remains shut, and this should keep oil prices supported, said FOERX.com.
Oil News: Supply Fear vs. Oil Demand Sets Up a Pivotal Week for Brent Crude
Supply fear is holding Brent crude oil up but demand is pushing back. This week's price action will determine if the rally has legs or starts to grind.
Goldman Sachs raises oil price forecasts on tight supply
Goldman Sachs has raised its oil price forecasts for the fourth quarter to $90 a barrel for Brent crude and $83 for U.S. West Texas Intermediate (WTI), on lower output from the Middle East.
Oil jumps, stock futures slip as US-Iran talks stall
Oil prices rose, the dollar inched higher and U.S. stock futures wobbled lower in early Asia trade on Monday after U.S.-Iran peace talks stalled over the weekend, leaving Gulf shipping blocked.
U.S. stock futures fall, oil rises ahead of a busy week for Wall Street
U.S. stock-index futures dropped on Sunday as oil prices rose, ahead of a key week for Wall Street following record highs for the S&P 500 and the tech-heavy Nasdaq.
See How the Energy Crisis Is Spreading Across the World
In a war between oil exporters, those dependent on energy imports find themselves at the forefront of a global crisis.
