Investment
Features
FeesSafety
Academy
More
Pluang+

Oil prices face pressure amid Middle East risks and technical weakness, trapped between $80-$120 range.

Market News
09 Jun 2026
FXEmpire
View Source
Bearish
pluang ai news

Oil prices are under pressure despite ongoing Middle East conflict risks, with volatility driven by threats around the Strait of Hormuz, a key oil supply route. WTI crude is consolidating between $80 and $120, with short-term technical weakness pushing prices toward $87 support, while Brent crude hovers near $90 support. Both benchmarks need to break out of these ranges to signal a clear next move. The geopolitical risk keeps a risk premium alive, but short-term profit-taking and technical corrections are causing price fluctuations within this broad range.

More News

Allstate's catastrophe losses fall in 2026, but UBS downgrades stock to Neutral amid profit concerns

Allstate's catastrophe losses fall in 2026, but UBS downgrades stock to Neutral amid profit concerns

Allstate reported a 43.7% drop in first-quarter catastrophe losses year-over-year, with Q2 losses also down 14% compared to 2025. Despite improved underwriting results, UBS downgraded Allstate from Buy to Neutral, citing concerns that favorable loss ...

Market News
Neutral
35 minutes ago
Travelers reports Q2 EPS of $10.04, beating estimates with strong revenue and lower catastrophe losses.

Travelers reports Q2 EPS of $10.04, beating estimates with strong revenue and lower catastrophe losses.

The Travelers Companies, Inc. reported a strong second quarter in 2026 with earnings per share of $10.04, significantly surpassing analyst expectations of around $5.40. Revenue reached $11.53 billion, also beating estimates, driven by improved core i...

Company Fundamentals
Bullish
42 minutes ago
Noelle Hipke's Earth Games wins Silver at 2026 COVR Visionary Awards, boosting her Ascension Series' profile.

Noelle Hipke's Earth Games wins Silver at 2026 COVR Visionary Awards, boosting her Ascension Series' profile.

Independent author Noelle Hipke's book Earth Games: Playbook Rules & Regulations won the Silver award in the Visionary Non-Fiction category at the 2026 COVR Visionary Awards. This recognition highlights Hipke's growing influence in the Mind, Body, Sp...

Others
Neutral
49 minutes ago
Military drone market to grow to $109B by 2031, driven by AI, defense budgets, and geopolitical tensions

Military drone market to grow to $109B by 2031, driven by AI, defense budgets, and geopolitical tensions

The global military drone market is projected to expand from $34.85 billion in 2026 to $109.22 billion by 2031, growing at a CAGR of 25.7%. Growth is fueled by rising defense budgets, demand for intelligence, surveillance, reconnaissance (ISR), preci...

Market News
Bullish
49 minutes ago
Global financial analytics market to triple to $36.1B by 2035 driven by AI, cloud, and predictive tech.

Global financial analytics market to triple to $36.1B by 2035 driven by AI, cloud, and predictive tech.

The global financial analytics market, valued at $12.15 billion in 2025, is projected to grow to $36.10 billion by 2035 at a CAGR of 11.5%. Growth is fueled by increasing adoption of AI, machine learning, cloud computing, and predictive analytics acr...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App