Crude Oil Brent Feb '27 (CBG27)
Crude Oil Brent Futures Market News and Commentary
June WTI crude oil (CLM26) ton Wednesday closed down -1.16 (-1.14%), and June RBOB gasoline (RBM26) closed down -0.0790 (-2.14%). Â Crude oil and gasoline prices settled lower on Wednesday, with crude oil falling from a 1-week high. Â Wednesday's rally in the dollar index ($DXY) to a 1.5-week high induced long liquidation in energy futures and weighed on prices. Â Crude prices initially moved higher on Wednesday as the ongoing closure of the Strait of Hormuz is tightening global oil supplies. Â Also, Wednesday's weekly EIA report was bullish for crude and gasoline as weekly inventories fell more than expected.
Crude prices continue to climb after President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Â President Trump called Iran's response to his peace proposal a "piece of garbage" and said that the current ceasefire was on "life support." Mr. Trump also said, "Iran will make a deal or be decimated." President Trump said on Monday that t... Read more
Barchart · 1 hour ago
June WTI crude oil (CLM26 ) ton Wednesday closed down -1.16 (-1.14%), and June RBOB gasoline (RBM26 ) closed down -0.0790 (-2.14%). Crude oil and gasoline...
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June Nymex natural gas (NGM26 ) on Wednesday closed up +0.021 (+0.74%). Nat-gas prices settled higher on Wednesday on forecasts of above-normal US weather,...
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June WTI crude oil (CLM26 ) today is up +0.50 (+0.49%), and June RBOB gasoline (RBM26 ) is down -0.0340 (-0.92%). Crude oil and gasoline prices are mixed...
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The dollar index (DXY00 ) rallied to a 1.5-week high on Wednesday, finishing up by 0.22%. The dollar moved higher on Wednesday on the stronger-than-expected...
Barchart · 1 hour ago
June WTI crude oil (CLM26 ) ton Wednesday closed down -1.16 (-1.14%), and June RBOB gasoline (RBM26 ) closed down -0.0790 (-2.14%). Crude oil and gasoline...
