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Energy Futures Performance
Percentage change in WTI and Brent crude oil futures
Primary Sources
Asia markets set to open mixed as oil jumps on Trump rejecting Iran ...
Asia-Pacific markets were set to open mixed Monday as higher oil prices and escalating tensions between the U.S. and Iran weighed on investor sentiment after President Donald Trump's rejected Tehran's latest proposal to end the war.Iran submitted a new proposal to U.S. negotiators focused on ending the Middle East conflict. Iran's semi-official Tasnim news agency said that the counteroffer called for an end to the war on all fronts and the lifting of sanctions on Tehran, citing an informed source.However, Trump said he did not like Iran's response and called it "TOTALLY UNACCEPTABLE!" in a Truth Social Post. Meanwhile, Israeli Prime Minister Benjamin Netanyahu said Sunday that the war with Iran is "not over," as the U.S. and Israel still aim to curb Tehran's nuclear ambitions.Netanyahu's comments come ahead of Trump's trip to China later this week, where he's expected to meet with Chinese President Xi Jinping. The war and the subsequent closure of the Strait of Hormuz by Iran have spiked global energy costs and sharply raised gas prices in the U.S.The West Texas Intermediate futures for June was 2.93% higher at $98.35 per barrel as of 7:30 p.m. ET. Brent crude futures for July rose 3.14% to $104.47 per barrel.Japan's Nikkei 225 was poised to gain, with the Chicago futures contract at 63,745 and its Osaka counterpart last trading at 63,760, compared with the index's previous close of 62,713.65.Hong Kong Hang Seng index futures were at 26,250, lower than the index's last close of 26,393.71.In Australia, futures last traded at 8,736, while the S&P/ASX 200′s closed at 8,744.40.Stock Chart IconStock chart iconFutures tied to the Dow Jones Industrial Average slid 143 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures each also lost 0.3%.Sunday's moves come after the S&P 500 and Nasdaq Composite rallied more than 2% and 4%, respectively, last week. Both indexes recorded their sixth-straight winning weeks — a first for each since 2024.The Dow rose 0.2% for the week, notching its fifth week of gains out of the last six.— CNBC's Alex Harring and Garrett Downs contributed to this report.
Global Market Today: Asian shares mixed as Iran tensions flare up again
Crude oil held most of a surge that at one point took prices above $115 a barrel as the US and Iran exchanged fire, jolting a four-week-old ceasefire and raising concerns that Middle East tensions could escalate again.Brent edged 0.5% lower to just under $114 a barrel at the open Tuesday as escalating tensions around the Strait of Hormuz raised fears about high energy prices and global inflation. Australian shares opened lower, with markets closed in Japan, South Korea and mainland China. US equity-index futures were little changed after the S&P 500 Index retreated from its record on Monday.During the US session, Treasuries fell, sending 30-year yields to the highest since July, as traders boosted wagers that the Federal Reserve will have to reverse course and raise interest rates to curb inflation following a surge in oil prices. There will be no cash trading during Asian hours due to the holiday in Japan.Renewed tensions threaten to inject fresh volatility into markets after a month-long rally that helped global equities erase war-related losses and climb to record highs on strong earnings from megacap technology companies. Investors remain focused on the Strait of Hormuz, a key waterway that has been blocked for months, keeping energy prices elevated and risking higher inflation and slower economic growth.“Even if the immediate conflict de-escalates, we expect the aftershocks will remain with us for some time,” said Darrell Cronk at Wells Fargo Investment Institute. “The effects — on energy prices, industrial activity, and geopolitical risk premia — are unlikely to fade quickly.”The US fought off Iran’s attacks as it facilitated the passage of two vessels through the Strait of Hormuz. Meantime, the UAE blamed an Iranian drone strike for a fire at its Fujairah port and issued several missile alerts for the first time since a truce between Washington and Tehran took hold.
Asian markets are mixed and oil is steady after Wall Street hits records
... Trump said the U.S. would help ships leave the Strait of Hormuz, starting on Monday. Iran has rejected the plan, but Trump also said talks with Iran […]
Asian markets rally as Trump signals optimism for Iran deal
HONG KONG -- Markets across Asia rallied Wednesday after U.S. President Donald Trump signaled that a deal to end the war with Iran could be within reach.
