It's a small rise in drilling rigs but it's the first rise in four weeks.
WTI crude is cooking today, up $1.14 to $53.79, which is the highest since early March.
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SpaceX options debut sees record demand, traders eye 80% overnight gains. High risk, high reward!
SpaceX's valuation soars 4%, surpassing Amazon! It's now challenging Microsoft's market cap.
Iran oil flood looms! Brent dips below $80 as US deal nears. Traders eye supply surge.
investingLive Americas market news wrap: Oil continues to fall in the lead-up to the FOMC Forex news for North American trading on Jun 16, 2026
Oil: Private inventory survey shows a headline crude oil draw much greater than expected This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Iran deal may flood market, sending Brent crude below $80. Traders eye supply surge & price impact.
The RBA held its cash rate at 4.35% in June but signalled further hikes remain possible, with Westpac forecasting a move at the August meeting if inflation stays elevated.
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