Crude Oil Brent Jan '19 (CBF19)
Crude Oil Brent Futures Market News and Commentary
July WTI crude oil (CLN26) on Thursday closed down -2.98 (-3.10%), and July RBOB gasoline (RBN26) closed down -0.0933 (-2.98%).
Crude oil prices settled sharply lower on Thursday amid hopes that the announced ceasefire between Israel and Lebanon could lead to a US-Iran peace plan that allows the reopening of the Strait of Hormuz. Â
Crude oil prices tumbled on Thursday after the US late Wednesday said Israel and Lebanon agreed to a ceasefire if Hezbollah also stops fighting and withdraws militants from areas near the border with Israel. The agreement would require the Lebanese army to take over after the withdrawal of Israeli troops. Iran insists a deal with the US requires a ceasefire in Lebanon.Â
However, crude prices recovered from their worst level on Thursday after Hezbollah militants said they refused to abide by the conditions of the ceasefire announced by the US State Department, and clashes continued in southern Lebanon.
The lack of clarity over th... Read more
Barchart · Thu Jun 4, 2:18PM CDT
July WTI crude oil (CLN26 ) on Thursday closed down -2.98 (-3.10%), and July RBOB gasoline (RBN26 ) closed down -0.0933 (-2.98%). Crude oil prices settled...
Barchart · Thu Jun 4, 2:16PM CDT
July Nymex natural gas (NGN26 ) on Thursday rose +0.122 (+3.80%). Nat-gas prices rallied sharply on Thursday due to a smaller-than-expected increase in...
Barchart · Thu Jun 4, 10:30AM CDT
July WTI crude oil (CLN26 ) today is down -3.25 (-3.38%), and July RBOB gasoline (RBN26 ) is down -0.1117 (-3.57%). Crude oil prices are falling sharply...
Barchart · Thu Jun 4, 7:48AM CDT
Occidental Petroleum has outperformed the S&P 500 over the past year, and analysts are moderately optimistic about the stock’s prospects.
Barchart · Thu Jun 4, 5:05AM CDT
A lack of headlines left the commodity complex adrift, for the most part, overnight through early Thursday morning.
Barchart · Wed Jun 3, 2:15PM CDT
July WTI crude oil (CLN26 ) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26 ) closed down -0.0127 (-0.40%). Crude oil prices rallied...
Barchart · Fri Jun 5, 1:22AM CDT
MetLife has trailed the S&P 500 over the past year, but the stock has picked up momentum lately, outperforming the broader market over the past three months....
Barchart · Thu Jun 4, 6:30PM CDT
UnitedHealth Group raised its quarterly dividend by 5% to $2.32 per share, marking its 16th consecutive year of dividend increases amid a challenging health...
Barchart · Thu Jun 4, 5:18PM CDT
Corn futures continued their death spiral liquidation from the last few weeks, with contracts down another 5 to 8 1/4 cents at the close. The CmdtyView...
Barchart · Thu Jun 4, 5:18PM CDT
Live cattle futures were in rally mode on Thursday with gains of $2.55 to $4.80. Cash trade has crept up to $256-257 the week, with sales of $403-407 in...
Barchart · Thu Jun 4, 5:18PM CDT
Lean hog futures posted 30 to 70 cent losses on Thursday. USDA’s national base hog price was reported at $95.66 on Thursday PM, up $1.30 from the day...
Barchart · Thu Jun 4, 5:18PM CDT
The wheat complex extended the weakness on Thursday, with losses across the three markets. Chicago SRW futures fell 5 1/2 to 7 1/2 cents on Thursday. KC...
Barchart · Thu Jun 4, 5:18PM CDT
Soybeans fell 20 to 27 cents across most contracts on Thursday, as product values added some pressure. The cmdtyView national average Cash Bean price...
Barchart · Thu Jun 4, 5:18PM CDT
Cotton futures closed the Thursday session with most contracts 136 to 216 points lower on the day. The US dollar index was down $0.080 at $99.425. Crude...
