Crude Oil Brent Jan '25 (CBF25)
Crude Oil Brent Futures Market News and Commentary
September WTI crude oil (CLU26) on Thursday closed up +5.36 (+6.17%), and September RBOB gasoline (RBU26) closed up +0.0793 (+2.44%).
WTI crude oil prices (CLU26) rallied more than +6% on Thursday after the Iran-backed Houthis launched a missile and drone attack on two Saudi Arabian oil tankers in the Red Sea, expanding the oil disruptions beyond the Strait of Hormuz and threatening oil shipments in the Red Sea. Sep Brent crude oil prices (CBU26) on Thursday rallied above $100 per barrel for the first time since May. President Trump said in an interview with Axios on Thursday that he is considering a “massive attack” that would be “bigger than ever before” and is “close to making a decision on it.”
The Houthis have vowed to blockade shipping linked to Saudi Arabia and warned shipowners against calling at the nation's ports. The move threatens Saudi oil exports from Yanbu, a Red Sea hub that the Saudi's are using to ship crude since the war brought shipping through the... Read more
Barchart · 1 hour ago
August Nymex natural gas (NGQ26 ) on Thursday closed down -0.009 (-0.31%), giving back part of Wednesday's rally of +2.09%. Nat-gas prices fell back as...
Barchart · Thu Jul 23, 1:57PM CDT
September WTI crude oil (CLU26 ) on Thursday closed up +5.36 (+6.17%), and September RBOB gasoline (RBU26 ) closed up +0.0793 (+2.44%). WTI crude oil prices...
Barchart · Thu Jul 23, 10:48AM CDT
September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). WTI crude oil...
Barchart · Thu Jul 23, 10:01AM CDT
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Barchart · Thu Jul 23, 8:00AM CDT
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August Nymex natural gas (NGQ26 ) on Thursday closed down -0.009 (-0.31%), giving back part of Wednesday's rally of +2.09%. Nat-gas prices fell back as...