Crude Oil OCT4 (CL3410) News

Saudi Equities Start Week Lower As Middle Eastern Conflict Continues

MT NewswiresJun 7 21:05

Top Global Stories This Week

Seeking AlphaJun 7 21:00

OPEC+ Set for Fourth Oil Quota Hike Since Strait of Hormuz Closure, Sources Say

CNBCJun 7 19:39

The Iraq War has lasted 100 days—why hasn’t oil prices skyrocketed, and will they still surge in the future?

The Strait of Hormuz has been blockaded for over three months, cutting off more than 10 million barrels per day of Middle Eastern crude oil supply and causing the most severe oil supply shock in modern history.

Zhitong FinanceJun 7 15:08

100 Days of the Iran War: How Global Markets and the Economy Have Been Affected, in Charts

CNBCJun 7 13:00

The 41st OPEC+ Ministerial Meeting was held online.

Gelonghui, June 7 | According to CCTV, the 41st ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries was held online. Sources indicate that participating countries may agree to further increase production in July.

Gelonghui FinanceJun 7 11:02

The U.S. plans to use Iran's frozen assets to compensate Gulf states for their losses, potentially serving as a 'new incentive' in ceasefire negotiations.

① The U.S. government is considering using Iran’s frozen assets to repair and reconstruct damage in the Gulf region caused by Iranian attacks and to address potential future destruction; ② According to informed sources, U.S. Treasury Secretary Scott Bessent has directed his team to assess the associated costs; ③ Recently, mutual attacks between the U.S. and Iran have once again disrupted negotiations between the two sides, and peace talks now appear to have stalled.

cls.cnJun 7 09:14

Crude oil long positions suddenly surged, while short positions in government bonds became increasingly divergent—what signals does this round of position rotation conceal?

On Saturday (June 6), the latest Commitments of Traders (COT) data from the Commodity Futures Trading Commission (CFTC) showed that speculators made significant adjustments to their positions across multiple asset classes this week. In precious metals, speculators continued to increase their net long positions in gold and silver. In the energy sector, net long positions in crude oil rose notably, while net short positions in natural gas were reduced. In the foreign exchange market, the euro maintained a net long position, while net short positions persisted in currencies such as the Japanese yen. Overall net short positions in U.S. Treasury securities declined slightly, though net shorts increased across most maturity segments. In agricultural commodities, net long positions in soybeans and corn were sharply reduced, and net short positions in wheat expanded further. These shifts reflect subtle changes in market participants’ risk appetite toward different assets under current conditions.

FX678 FinanceJun 6 10:42

Energy Down With Oil Futures on Rate View -- Energy Roundup

Dow JonesJun 6 05:09

OPEC+ Countries Likely to Continue Raising Output in July, Analysts Say

MT NewswiresJun 6 04:15

Express News | Commodity Futures Trading Commission (CFTC): For the week ended June 2, speculative net long positions in WTI crude oil futures rose by 12,530 contracts to 103,693 contracts.

BreakingsJun 6 03:41

Update: WTI Oil Falls Even as Israel Continues Striking Lebanon Despite Ceasefire Deal

MT NewswiresJun 6 02:36

Amid geopolitical tensions and structural pressures, is $86 the key pivot level for crude oil’s medium-term bullish-bearish outlook?

In the first half of 2026, geopolitical conflicts in the Middle East continued to impact global energy markets. Following the outbreak of military action by the United States and Israel against Iran on February 28, transit through the Strait of Hormuz—a critical oil transportation chokepoint—was severely disrupted. Under normal conditions, the strait handles approximately 20.9 million barrels per day of crude oil and petroleum products, accounting for about 25% of global seaborne oil trade, primarily destined for Asian markets. After the conflict erupted, traffic through the strait plummeted to roughly 5% of normal levels, triggering global energy supply constraints and significant oil price volatility. Given the disruption to transit through the Strait of Hormuz, what volume of crude oil has been affected? As of June 2026

FX678 FinanceJun 6 01:29

U.S. Oil Rig Count Rises for 6th Straight Week -- Market Talk

WSJJun 6 01:27

Express News | Adviser to Iran’s Supreme Leader: U.S.-Iran Talks Deadlocked Over Frozen Assets; Denies Meeting Between Supreme Leader and Trump

BreakingsJun 6 00:28

Express News | Russian President Putin: We appreciate Saudi Arabia's cooperation in the global oil market.

BreakingsJun 6 00:04

Nymex Overview: Crude, ULSD Prices Fall as Contracts on Track to End Week With Gains -- OPIS

Dow JonesJun 6 00:02

Express News | Fitch stated that the oil market is expected to return to a state of oversupply starting in September 2026.

BreakingsJun 5 23:04

Internal UK government report warns that international oil prices could remain at $100 through 2028.

① The UK government forecasts that international crude oil prices could remain around $100 per barrel until 2028, as the restoration of energy shipping in the Gulf region may take longer than expected; ② The report notes that, in the worst-case scenario, oil prices could surge to $210 per barrel, significantly impacting global inflation and economic growth.

cls.cnJun 5 22:45

U.S. Labor Data Pushes Up Yields, Dollar Even as Oil Slips -- Market Talk

WSJJun 5 21:25