Crude Oil WTI Jul '26 (CLN26)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Monday closed up +3.24 (+3.07%), and June RBOB gasoline (RBM26) closed up +0.0588 (+1.59%). Â Crude oil and gasoline prices rallied sharply on Monday, with crude posting a 3-week high and gasoline posting a nearly 4-year nearest-futures high. Â Crude prices soared on Monday amid doubts about the progress of peace negotiations to end the US-Iran war that is keeping the Strait of Hormuz closed and tightening global oil supplies. Â However, crude prices dropped more than -$2 a barrel in post-market trading Monday afternoon when President Trump said he canceled a scheduled attack on Iran on Tuesday after Qatar asked him to hold off.
Harsh rhetoric from President Trump boosted crude oil prices when he said the "clock is ticking" on Iran, and it "better get moving FAST on a peace deal, or there won't be anything left of them." Â Also, crude prices rose after Iran said that, despite draft changes, US demands for ending the war were "excessive and unrealisti... Read more
Barchart · 1 hour ago
History has taught us we should have been expecting the US president to back down his latest threat against Iran. Was Watson got off guard overnight through...
Barchart · 1 hour ago
Berkshire exited 16 stocks in Q1 under CEO Greg Abel, but its Chevron stock sale stood apart. Despite trimming its stake, Berkshire still appears deeply...
Blue Line Futures · Tue May 19, 6:22AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 662)
Barchart · Mon May 18, 2:32PM CDT
Dominion Energy stock soars as NextEra announces plans of buying the power company for $67 billion. But it may not be too late to invest in D shares yet....
Barchart · Mon May 18, 2:27PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +3.24 (+3.07%), and June RBOB gasoline (RBM26 ) closed up +0.0588 (+1.59%). Crude oil and gasoline prices...
Barchart · Mon May 18, 2:25PM CDT
June Nymex natural gas (NGM26 ) on Monday closed up +0.064 (+2.16%). Nat-gas prices climbed to a 1.75-month nearest-future high on Monday and settled sharply...
Barchart · 23 minutes ago
Cerebras offers a bold alternative to traditional AI chips, but CBRS stock’s explosive debut raises valuation concerns.
Barchart · 23 minutes ago
Meta Platforms' stock is down after the Q1 earnings release. META could be cheap based on revenue, operating cash flow, capex, and free cash flow forecasts....
Barchart · 23 minutes ago
DELL stock is a buy for value investors.
Barchart · 29 minutes ago
Cadence Design Systems has lagged behind the broader market over the past year, yet analysts remain highly optimistic about the stock’s prospects.
Barchart · 30 minutes ago
As Edison International has lagged behind the SPX over the past year, Wall Street analysts maintain a cautious outlook about the stock’s prospects.
Barchart · 43 minutes ago
Textron has underperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.
Barchart · 56 minutes ago
Live cattle futures ended the Monday session with contracts down 52 cents to $1.15. Open interest suggested a rotation of ownership, up just 1,427 contracts....
Barchart · 56 minutes ago
Cotton price action is 68 to 110 points lower so far on Tuesday morning. Futures closed the Monday session with contracts 110 to 309 points higher on the...
