[MARKET ANALYSIS] Oil prices rebounded with recent price action choppy on mixed geopolitical headlines

Newsquawk StaffPublished 22 May 2026, 02:32 UTCOn the live feed at 02:12 UTC — 3 more headlines followed before this page went public

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[MARKET ANALYSIS] T-note futures are rangebound following recent indecision amid mixed geopolitical reports

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Israeli forces conducted strikes on southern Lebanon and a raid in the West Bank, while Hezbollah said it carried out 16 different military operations targeting Israeli bases and position in the past 24 hours, according to Tasnim

02:12

[MARKET ANALYSIS] Oil prices rebounded with recent price action choppy on mixed geopolitical headlines

01:45

Philippine Central Bank Governor reiterates a focus on inflation and says considering off-cycle rate hike

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AMD (AMD) CEO says this is the time we need to invest in Taiwan because we need enough capacity for the next 1-3 years, we are asking our partners to ramp faster

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WTI/Brent: WTI Jul'26 +1.4% / Brent jul'26 +1.7%

Oil futures rebounded off the prior session's lows with the recent choppy price action due to contradicting geopolitical headlines, including a report that the final draft of the US-Iran agreement has been reached with mediation of Pakistan, although this was later refuted and described as fabricated, while a senior Iranian source said no deal had been reached yet, but the gaps have narrowed.

Gold: -0.3%

Marginally declined following yesterday's indecision as global markets and oil prices whipsawed on the conflicting geopolitical signals.

Copper: +1.1%

Remains afloat amid the mostly positive risk appetite and hopes of a potential US-Iran agreement.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/8 Sept · 19:59 UTC

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports.

Brent crude, after we published+0.5%

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