S&P, Nasdaq record closes as oil rebounds and trade deficit widens
US stocks closed at records, with the S&P 500 and Nasdaq setting highs, while oil rebounded and the August trade deficit came in wider than expected.
06/10/2026 21:3513 min read
Oil
Captains earn about $100,000 monthly to sail through Hormuz
Shipowners are paying tanker crews huge hazard premiums to keep oil flowing through Hormuz, with captains earning about $100,000 monthly.
06/10/2026 21:3214 min read
Three conflicting dynamics keep oil prices flat near $100
Brent settled near $100 a barrel as returning Saudi supply was balanced by a G7 stock release and geopolitical risk.
06/10/2026 21:1319 min read
Private survey shows US crude stocks fell by 2.1m barrels last week
A private survey showed US crude stocks fell 2.09m barrels last week. Gasoline fell, distillates rose.
06/10/2026 21:019 min read
Oil climbs back on renewed Strait of Hormuz threats
Crude oil rebounded from support after a series of incidents raised shipping concerns near the Strait of Hormuz. Technical levels suggest buyers face…
06/10/2026 18:1110 min read
Crude oil dips as sellers test support near key midpoint
Crude oil falls 1.5% as sellers break below key levels, but the 50% midpoint near $86.83 holds.
06/10/2026 15:1216 min read
European Risk Sentiment Rises as Oil Falls and Bond Yields Decline
European markets saw improved risk sentiment as oil prices fell and bond yields declined. The OAT-Bund spread narrowed after a peak.
06/10/2026 13:014 min read
Iran lawmakers seek foreign minister's removal over US contacts; oil plunges
Iranian lawmakers filed an impeachment motion against Foreign Minister Araghchi for meeting US envoys, as oil exports hit zero and crude prices fell.
06/10/2026 12:4211 min read
Stock Futures Rise as Yields, Oil Drop; Dollar Mixed
Stock futures rise with yields and oil down; dollar mixed, bitcoin near highs.
06/10/2026 12:3124 min read
Gold stays rangebound on US-Iran standoff, CPI risk
Gold is consolidating near lows as US-Iran talks and upcoming CPI risk cap upside. Technical levels to watch include 3,885 and 4,700.
06/10/2026 09:518 min read
WTI Crude Oil Stabilizes Near $88 But Resistance Remains at $90-$91
WTI crude oil stabilizes near $88, but faces resistance at $90-$91. Buyers must hold $89.50 and clear $90 for further gains.
06/10/2026 05:0222 min read
Hormuz crude traffic near 76% of prewar pace; diesel remains scarce.
Hormuz crude flows are near 76% of prewar levels, but refined fuel shipments stay low and diesel prices remain high; full recovery is not seen before 2027.
06/10/2026 02:0515 min read
De Haan: Trump's dyed diesel order offers little pump relief
GasBuddy's Patrick De Haan says Trump's dyed diesel order will not cut pump prices for most drivers due to state law obstacles and tax complications.
06/10/2026 01:4213 min read
Nvidia closes in on $6 trillion as bond markets flash caution: Deutsche Bank
Nvidia nears $6 trillion while bond yields surge, creating a divergence Deutsche Bank says is unsustainable.
06/10/2026 00:2314 min read
Trump opens red-dyed diesel to all buyers as fuel costs remain high
President Trump signed an order removing the restriction on tax-exempt red-dyed diesel, allowing all buyers to purchase it as diesel prices stay elevated.
06/10/2026 00:1212 min read