Dow Jones Top Energy Headlines at 4 PM ET: Oil Below $90 a Barrel After Trump Cancels Iran Strikes | The ...

Dow Jones06-13 04:00

Oil Below $90 a Barrel After Trump Cancels Iran Strikes

Brent and WTI benchmarks extended losses from the previous session after the U.S president said a peace deal could be reached within days.

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The Mysterious Woman Behind the Nord Stream Explosion

A new book details the attack on the world's largest offshore pipeline system.

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Energy & Utilities Roundup: Market Talk

Find insight on BP, crude futures, India's power sector and more in the latest Market Talks covering Energy and Utilities.

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Oil Futures Fall on Expectations of U.S.-Iran Agreement

Oil futures settled at multimonth lows as the U.S. and Iran moved closer to an agreement to end the conflict and reopen the Strait of Hormuz.

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Oil Prices Fall After Trump Calls Off Planned Strikes Against Iran

Both Brent crude and WTI prices settled nearly 3% lower Thursday after President Trump said "final points" of an agreement with Iran had been "approved by all parties."

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Iran's Crude Production Slumped in May Under U.S. Blockade

Iran's crude production slumped more than 18% last month as U.S. forces continue to block shipments to and from the country's ports, choking off exports and raising the risk that Tehran could soon run out of places to store its crude.

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Trump Says Iran Deal Is Close but Tehran Says No Decision Has Been Made

The president pulled back from threats just hours earlier to launch more military strikes and seize Iran's oil infrastructure.

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China Is Propping Up the World Economy by Importing a Lot Less Oil

Clues are emerging in the mystery of the missing three million barrels-oil that China would normally be importing but isn't now.

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U.S. Crude Oil Inventories Fall for Seventh Straight Week

Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 7.2 million barrels in the week ended June 5. They were expected to have fallen by 2.9 million barrels, according to a Wall Street Journal survey of analysts.

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Former Exxon CEO Lee Raymond Dies at 87

The driven, unrelenting oil executive remade Exxon into a colossus that for a time was the world's biggest and most profitable company.

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EU's Budget Watchdog Criticizes Energy-Spending Rule Change

A move to exempt government spending on reducing the use of fossil fuels from the bloc's budget rules could be misused and repeat mistakes from the 2022 energy shock.

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Oil Prices Set to Keep Rising Even After Iran Conflict Ends, Shell Boss Says

Upside pressure on prices will be a story for the longer term, Wael Sawan said at the WSJ Leadership Institute CEO Summit on Wednesday. "All the easy oil and gas has been found."

 

(END) Dow Jones Newswires

June 12, 2026 16:00 ET (20:00 GMT)

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