Crude Oil Brent Aug '26 (CBQ26)
Crude Oil Brent Futures Market News and Commentary
July WTI crude oil (CLN26) on Friday closed up +0.25 (+0.26%), and July RBOB gasoline (RBN26) closed up +0.0756 (+2.31%). Crude oil rebounded from a 1-week low on Friday and settled higher as a US-Iran peace deal remains elusive, keeping the Strait of Hormuz closed and disrupting global oil supplies.
Crude prices whipsawed lower briefly on Friday following a Reuters report that said Qatar has sent a negotiating team to Tehran in coordination with the US to help secure a deal to end the war. Also, Secretary of State Rubio today noted “slight progress” in the negotiations for a peace deal. However, disagreements remain for a peace deal after Reuters on Thursday reported that Iran’s Supreme Leader said enriched uranium must stay in Iran, as sending the material abroad would leave the country more vulnerable to future attacks by the US and Israel.
Geopolitical tensions are supportive for crude prices after Reuters reported Monday that Pakistan has deployed 8,000 troops,... Read more
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July WTI crude oil (CLN26 ) on Friday closed up +0.25 (+0.26%), and July RBOB gasoline (RBN26 ) closed up +0.0756 (+2.31%). Crude oil rebounded from a...
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Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 665)
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July WTI crude oil (CLN26 ) on Thursday closed down -1.91 (-1.94%), and July RBOB gasoline (RBN26 ) closed down -0.1073 (-3.17%). Crude oil and gasoline...
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Corn futures closed the Friday session with contracts 1 to 2 cents higher, as July was up 7 ½ cents this week. December firmed up 5 ½ cents. The CmdtyView...
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Lean hog futures closed mixed on Friday, with contracts 62 cents higher to 72 cents lower. June was down $3 this week. USDA’s national base hog price...
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Live cattle futures were up 25 cents to $1.02 lower on Friday, with June down $4.60 this week. Cash trade from this week has been $260 to $265 across the...
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The wheat complex pulled off the midday lows but still closed with losses on Friday across the three markets. Chicago SRW futures were steady to 1 3/4...
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Soybeans held higher into the Friday close, as contracts were steady to 2 ¼ cents in the green. July was up 19 ½ cents on the week, with November 17...
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Cotton futures were 8 to 56 cents lower in most contracts on Friday, with July down 319 points on the week. December was down 258 points since last Friday....
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