Oil futures: Crude prices surge as Mideast ceasefire close to collapse

11min ago Crude futures opened the week sharply higher with the fragile Middle East ceasefire on the brink, as Israel and Iran traded blows over the last 24 hours... Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Oil service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Oil Daily - market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. Related 16h ago The seven members of OPEC+ taking part in voluntary cuts have announced a further 188,000 bpd quota increase in June... 6 Jun 2026 Middle East hostilities flared again in the early hours of Saturday as the US struck Iranian military targets, while Tehran launched another wave of ballistic missiles towards... 5 Jun 2026 The US rotary rig count advanced a seventh week as activity in top oil producing state Texas continued to grow... 5 Jun 2026 Global middle distillates cracks rebounded this week after an escalation in Middle Eastern tensions threatened to shatter a brittle... 5 Jun 2026 The Middle East Dubai crude benchmark ended the week firmer as uncertainty around the regional conflict underpinned prices...