$80.10
▼ -5.40% · −$4.57 today
AI research · $80.10
Crude’s quiet rebound still lacks broad conviction
refreshed Aug 3
today's move
▼ -5.4%−$4.57
Oil plunges as Iran strike is called off and supply rises
highThe planned US strike cancellation reduced fears of disruptions around the Strait of Hormuz, while progress toward reopening shipping and restored pipeline flows eased supply concerns. OPEC+ also approved another production increase, reinforcing expectations of greater available crude and driving prices sharply lower.
US stock research
WTI Crude Oil futures front-month (CL=F). OIL was -5.4% in the latest available session at $80.10. Its reported market value was $0 with a trailing P/E of 0.0.
Market snapshot updated Aug 3, 2026, 8:01 PM UTC.