Crude Oil WTI Jul '26 (CLN26)
Crude Oil WTI Futures Market News and Commentary
July WTI crude oil (CLN26) on Tuesday closed down -3.10 (-3.40%), and July RBOB gasoline (RBN26) closed down -0.0495 (-1.61%).
Crude oil and gasoline prices fell sharply on Tuesday, with crude posting a 7-week low and gasoline posting an 8-week low. Crude prices retreated on Tuesday as the ceasefire between Israel and Iran appears to be holding, which improves the prospects for a deal to end the US-Iran war and reopen the Strait of Hormuz. Also, weakness in Chinese crude oil demand is undercutting oil prices.
Crude oil prices slumped on Tuesday after Iran and Israel agreed to end hostilities toward each other. President Trump today predicted a swift end to war with Iran and a subsequent fall in oil prices and said, “We’re in the final throes of what will be a very, very good deal, and that they could have at least an idea one or two days from now” about the deal.
Weakness in Chinese demand is bearish for crude oil prices. China’s May crude imports fell to about... Read more
Barchart · 6 minutes ago
July WTI crude oil (CLN26 ) on Tuesday closed down -3.10 (-3.40%), and July RBOB gasoline (RBN26 ) closed down -0.0495 (-1.61%). Crude oil and gasoline...
Barchart · 8 minutes ago
July Nymex natural gas (NGN26 ) on Tuesday fell -0.007 (-0.22%). Nat-gas prices settled slightly lower on Tuesday but remained above Monday’s 1.5-week...
Barchart · 1 hour ago
Today, a large, unusual volume in very long-dated, deep out-of-the-money put options traded in Honeywell International. Investors are bullish on HON stock,...
Barchart · Tue Jun 9, 10:37AM CDT
July WTI crude oil (CLN26 ) today is down -3.42 (-3.75%), and July RBOB gasoline (RBN26 ) is down -0.0636 (-2.07%). Crude oil and gasoline prices are sinking...
Barchart · Tue Jun 9, 7:21AM CDT
The US president's War on Iran has raised the discussion of WTI crude oil hitting $150. This isn't the first time we've heard this projection.
Blue Line Futures · Tue Jun 9, 6:24AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 678)
Barchart · 5 minutes ago
July WTI crude oil (CLN26 ) on Tuesday closed down -3.10 (-3.40%), and July RBOB gasoline (RBN26 ) closed down -0.0495 (-1.61%). Crude oil and gasoline...
Barchart · 7 minutes ago
July Nymex natural gas (NGN26 ) on Tuesday fell -0.007 (-0.22%). Nat-gas prices settled slightly lower on Tuesday but remained above Monday’s 1.5-week...
Barchart · 21 minutes ago
The dollar index has traded between 95.55 and 100.64 for over a year, since May 2025. The trend since September 2022 is bearish, while the path of least...
Barchart · 52 minutes ago
Cathie Wood has been buying and selling significant amounts of KTOS stock over the past few years. Now that the stock has come down, should you follow...
Barchart · 55 minutes ago
Nvidia looks compelling near the current levels and offers an attractive entry point. Analysts still see significant upside potential.
Barchart · 59 minutes ago
July NY world sugar #11 (SBN26 ) on Tuesday closed down -0.04 (-0.28%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -0.10 (-0.02%). Sugar prices...
Barchart · 59 minutes ago
July ICE NY cocoa (CCN26 ) on Tuesday closed unchanged, and July ICE London cocoa #7 (CAN26 ) closed down -20 (-0.68%). Cocoa prices erased early gains...
Barchart · 1 hour ago
July arabica coffee (KCN26 ) on Tuesday closed down -1.50 (-0.61%), and July ICE robusta coffee (RMN26 ) closed down -40 (-1.20%). Coffee prices settled...