Crude Oil Brent Feb '19 (CBG19)
Crude Oil Brent Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed down -0.14 (-0.20%), and August RBOB gasoline (RBQ26) closed up +0.0860 (+2.95%).
Crude oil and gasoline prices settled mixed on Monday, with gasoline posting a 3-week high. Crude oil was under pressure on Monday as flows through the Strait of Hormuz continued to increase, boosting global oil supplies. Also, OPEC+ raised its crude oil production target on Sunday, a bearish factor for oil prices. Crude prices recovered from their worst levels on Monday, and gasoline rallied after the crude crack spread soared to a 4-year high.Â
Crude prices also fell on Monday after Saudi Arabia cut the price of its Arab Light oil to Asian customers for delivery next month by $11 a barrel, a larger decline than the -$8 a barrel expected.
Crude prices garnered support on Monday from a jump in the crude crack spread to a 4-year high. The stronger crack spread encourages refiners to increase their crude purchases and refine it into gaso... Read more
Barchart · Mon Jul 6, 2:15PM CDT
August WTI crude oil (CLQ26 ) on Monday closed down -0.14 (-0.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0860 (+2.95%). Crude oil and gasoline...
Barchart · Mon Jul 6, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed up +0.049 (+1.53%). Nat-gas prices settled higher on Monday amid speculation that the recent heatwave...
Barchart · Mon Jul 6, 10:57AM CDT
August WTI crude oil (CLQ26 ) today is up +0.23 (+0.33%), and August RBOB gasoline (RBQ26 ) is up +0.1010 (+3.46%). Crude oil and gasoline prices erased...
Barchart · Mon Jul 6, 9:21AM CDT
Although the reopening of the Strait of Hormuz presents a tough headwind for Halliburton, there may be a unique case for buying HAL stock.
Blue Line Futures · Mon Jul 6, 8:07AM CDT
***Abbreviated reports until Wednesday July 8th - Wednesday report scheduled for late afternoon - other reports to follow the regular schedule. Update:...
Barchart · Mon Jul 6, 6:30AM CDT
What sparked the wildfire across the commodity complex Sunday night through early Monday morning? Let's ask Barchart's AI analyst, CARL.
Barchart · 1 hour ago
VICI Properties is scheduled to report its second-quarter results later this month, and analysts expect a single-digit earnings rise.
Barchart · Mon Jul 6, 6:30PM CDT
These three dividend stalwarts have rewarded shareholders with decades of steadily rising income.
Barchart · Mon Jul 6, 5:17PM CDT
Lean hog futures were mixed on Monday, with contracts down 50 cents to 90 cents higher at the close. USDA’s national base hog price was not reported...
Barchart · Mon Jul 6, 5:17PM CDT
Live cattle futures were mixed, with August down 12 cents and the rest of the board up 12 to 55 cents. Cash was picked up last week at $403 dressed in...
Barchart · Mon Jul 6, 5:17PM CDT
The wheat complex posted Monday gains, despite a weaker export data. Spillover support from the corn and beans was supportive. Chicago SRW contracts were...
Barchart · Mon Jul 6, 5:17PM CDT
Cotton futures posted 112 to 138 point gains on Monday in the front months, with deferreds up 48 to 99 points. The outside markets were quiet, as Crude...
Barchart · Mon Jul 6, 5:17PM CDT
Soybeans posted gains of 35 to 50 ½ cents across the front months on Monday, with defereds up 23 to 32 cents. The cmdtyView national average Cash Bean...
Barchart · Mon Jul 6, 5:17PM CDT
Corn futures closed the Monday session holding onto the rally and closing near the highs, up 14 ½ to 16 ¼ cents across the front months and 8 to 10 ½...