Oil Markets 13 February 2026 - 4 May 2026

FTSE 100 Drop Sets Up Uncertain Monday as UK Politics, Oil Move the Market
···

FTSE 100 Drop Sets Up Uncertain Monday as UK Politics, Oil Move the Market

FTSE 100 dropped the most in over two months, leaving British stocks on the defensive to start the new week. UK assets were pressured by political worries at home, pricier oil, and falling bond prices. FTSE 100 drops as investors look ahead to Monday open With markets shut on Saturday, investors are left to assess Friday’s losses and what it means for the start next week. The FTSE 100 closed down 1.7% at 10,195.37. The FTSE 250 fell around 1%. Both the FTSE 100 and FTSE 250 were down for the week.
May 16, 2026
Heating Oil Prices Face Fresh Shock as Brent Jumps on Hormuz Tensions
···

Heating Oil Prices Face Fresh Shock as Brent Jumps on Hormuz Tensions

Oil prices surged on Monday, snapping back from an earlier drop. That sent German heating-oil buyers scrambling once more, with fresh tension near the Strait of Hormuz rattling crude and fuel markets. Brent crude jumped $5.52, or 5.1%, to $113.69 a barrel as of 1025 GMT. U.S. West Texas Intermediate tacked on 5%, reaching $107.04, according to Reuters. The gains came after Iran’s Fars news agency said there’d been an incident involving a U.S. warship near the Strait of Hormuz—though Reuters noted it was unable to independently confirm the report.
May 4, 2026
Goldman Sachs Raises Brent, WTI Oil Forecasts Despite 11% Oil Drop on Iran Talk Hopes
···

Goldman Sachs Raises Brent, WTI Oil Forecasts Despite 11% Oil Drop on Iran Talk Hopes

Goldman Sachs bumped up its 2026 oil price targets, citing risks from possible trouble in the Strait of Hormuz and a wave of strategic stockpiling that could keep supplies squeezed. Even after crude prices fell on optimism over potential U.S.-Iran talks, the bank now sees Brent averaging $85 a barrel, up from its previous $77 call. For West Texas Intermediate, the new forecast is $79, compared with $72 earlier. This call lands at a pivotal moment: despite the market’s abrupt turnaround, the supply shock remains unresolved. Roughly a fifth of global oil and LNG moves through the Strait of Hormuz. Asia, more vulnerable than most, sources about 60% of its oil imports from the Middle East.
March 23, 2026
Shell Stock Falls as Qatar Pearl Shutdown Cuts Through the Oil Rally
····

Shell Stock Falls as Qatar Pearl Shutdown Cuts Through the Oil Rally

Shell Plc dropped roughly 1.2% in London trading Friday, with shares slipping to 3,421 pence—off by 40 pence—after it suspended output at its Pearl facility in Qatar in response to attacks at Ras Laffan industrial city. That's according to Reuters market data. Why does this matter? Investors are weighing whether gains from pricier oil and gas can offset the blow to Shell’s operations in Qatar. QatarEnergy chief Saad al-Kaabi told Reuters the strikes have sidelined 17% of the country’s LNG export capacity for three to five years. European gas prices surged up to 35% on Thursday.
March 20, 2026
BP Stock Price Today: Shares Near Fresh High as Brent Oil Tops $100 Again
···

BP Stock Price Today: Shares Near Fresh High as Brent Oil Tops $100 Again

BP traded up on Friday, sticking close to its new 52-week high as crude prices gained ground. By midday, shares hovered at 533 pence, following Thursday's 2.96% jump to 529.2 pence—a closing high for the past year. This shift is notable, with Brent crude—the world’s oil benchmark—trading back north of $100 a barrel. Goldman Sachs bumped its average March Brent estimate above $100. And according to Reuters, supply risks are stacking up, as trouble in the Strait of Hormuz threatens a corridor that handles over a fifth of global oil and gas flows.
March 13, 2026
QQQ Falls as $100 Oil Tests AI Trade After $4 Billion ETF Outflow
···

QQQ Falls as $100 Oil Tests AI Trade After $4 Billion ETF Outflow

The Invesco QQQ Trust slipped early Monday, sliding 1.34% to $591.74 by mid-morning in New York as oil prices shot past $100 a barrel. The AI-driven rally that recently lifted U.S. stocks faded, with traders retreating from tech after shrugging off earlier war headlines. This shift stands out: QQQ serves as an easy entry point for investors looking to tap into the Nasdaq-100’s leading AI-driven stocks. The ETF mirrors the 100 largest non-financial names on Nasdaq, with ETF Database reporting that nearly half—47.69%—of its assets are concentrated in the top 10 holdings. QQQ trades at 31.89 times earnings, noticeably higher than the category average of 20.55.
March 9, 2026
Oil Tops $100 for First Time Since 2022 as Iran War Cuts Supply, G7 Weighs Reserve Release
···

Oil Tops $100 for First Time Since 2022 as Iran War Cuts Supply, G7 Weighs Reserve Release

Oil surged past $100 a barrel on Monday, hitting levels not seen since 2022. Benchmark Brent crude climbed as high as $119.50, as the Iran war squeezed Gulf shipping lanes and triggered new production cuts. The sharp move rattled traders, governments, and central banks. This shift is significant: oil isn’t just trading on war premiums now. IMF Managing Director Kristalina Georgieva flagged that a sustained 10% jump in oil prices—if it holds up for most of the year—might tack on roughly 0.4 percentage point to global inflation.
March 9, 2026
Oil price today: Brent hits six-month high as U.S.-Iran tensions and EIA stock draw lift crude
···

Oil price today: Brent hits six-month high as U.S.-Iran tensions and EIA stock draw lift crude

NEW YORK, February 19, 2026, 14:11 — Regular session Crude oil jumped about 2% on Thursday, reaching six-month highs as traders weighed the risk that U.S.-Iran friction could disrupt supplies. Brent futures were up $1.25, or 1.8%, at $71.60 a barrel as of 1:29 p.m. EST. U.S. West Texas Intermediate added $1.22, or 1.9%, hitting $66.41. Both contracts headed for their strongest settles since late July and early August. Andrew Lipow, president at Lipow Oil Associates, pointed to “geopolitical tensions and the worry that the U.S. is going to strike in the near future” as key factors. Iran’s brief closure of the Strait of Hormuz for drills, plus plans for naval exercises with Russia, have kept nerves rattled. President Donald
February 19, 2026
Chevron stock rises with oil’s 4% jump as Iran tensions flare; what traders watch next
···

Chevron stock rises with oil’s 4% jump as Iran tensions flare; what traders watch next

New York, February 18, 2026, 15:35 EST — Regular session Chevron Corp picked up 1.5% to $183.26 by Wednesday afternoon, outstripping the broader market as energy names followed crude’s surge. Shares moved in a range from $181.24 to $183.66. Exxon Mobil advanced 2.8%; ConocoPhillips posted a 1.4% rise. The SPDR S&P 500 ETF was up around 0.2%.
February 18, 2026