Crude Oil Futures News - May 18, 2026

Oil hits $107, following drone strikes on UAE and Saudi energy

Global oil prices surged on Monday. U.S. West Texas Intermediate (WTI) crude rose over 2%. Prices exceeded $107 per barrel, marking the highest level since...

Oil surges toward 107 dollars as Trump warns Iran over Hormuz

WTI crude oil prices rose for a third consecutive day toward $107 a barrel. President Donald Trump warned Iran that the clock is ticking to reach a deal to...