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Crude Oil Brent Feb '28 (CBG28)

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Crude Oil Brent Futures Market News and Commentary

Crude Oil Rallies as US Blockade of Strait of Hormuz Begins

May WTI crude oil (CLK26) on Monday closed up +2.51 (+2.60%), and May RBOB gasoline (RBK26) closed up +0.0787 (+2.59%).  Crude oil and gasoline prices settled sharply higher on Monday after peace talks between the US and Iran broke down over the weekend and President Trump imposed a blockade in the Strait of Hormuz.

Crude prices rallied on Monday when President Trump said the US began a full naval blockade of the Strait of Hormuz and threatened to attack any Iranian vessels that approach US ships in the strait.  The blockade could exacerbate global oil and fuel shortages.  Iran said it would target all ports in the Persian Gulf if its own shipping hubs were threatened.

However, crude prices gave up more than half of their advance on Monday when President Trump said that Iran still wanted to make a deal and reached out to the US over peace negotiations as the US began a naval blockade of the Strait of Hormuz.

The International Energy Agency (IEA) said Monday that ab... Read more

Chart on a tablet by Burak The Weekender via Pexels
Expand Energy's Q1 2026 Earnings: What to Expect

Expand Energy will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

XLE : 55.96 (-2.01%)
EXE : 96.73 (-1.07%)
$SPX : 6,886.24 (+1.02%)
Strait of Hormuz by artemegorovv via Shutterstock
Crude Oil Rallies as US Blockade of Strait of Hormuz Begins

May WTI crude oil (CLK26 ) on Monday closed up +2.51 (+2.60%), and May RBOB gasoline (RBK26 ) closed up +0.0787 (+2.59%). Crude oil and gasoline prices...

CLK26 : 95.53 (-3.58%)
RBM26 : 3.0025 (-1.33%)
Jack up drilling rigs off coast by Elliot Day via Pixabay
Nat-Gas Prices Retreat on Above-Normal US Temps

May Nymex natural gas (NGK26 ) on Monday closed down -0.021 (-0.79%). Nat-gas prices retreated on Monday, sinking to a 17-month low. Forecasts for above-normal...

NGK26 : 2.640 (+0.49%)
A sunset over a fuel tanker by Sebastian via Pixabay
Crude Prices Jump as US Blockade of Strait of Hormuz Takes Hold

May WTI crude oil (CLK26 ) today is up +5.91 (+6.12%), and May RBOB gasoline (RBK26 ) is up +0.1254 (+4.13%). Crude oil and gasoline prices are sharply...

CLK26 : 95.53 (-3.58%)
RBM26 : 3.0025 (-1.33%)
First Solar Inc name on building-by Around the World Photos via Shutterstock
First Solar's Q1 2026 Earnings: What to Expect

First Solar will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

FSLR : 202.39 (+1.02%)
$SPX : 6,886.24 (+1.02%)
XLK : 146.72 (+0.76%)
2 pumpjacks at sunset by vadimrysev via iStock
A Practical Framework for Filtering and Selecting Seasonal Spreads

The edge in seasonal spreads doesn’t come from finding more trades—it comes from filtering out the wrong ones. This article outlines a practical framework...

Up 1,600% Over the Past Year, Does Lumentum Stock Have More Room to Run?

After a stunning surge over the past year, can Lumentum’s AI-driven momentum and solid demand pipeline keep the rally going, or is the stock nearing...

NVDA : 192.26 (+1.56%)
$SPX : 6,886.24 (+1.02%)
LITE : 876.82 (+0.65%)
MRVL : 136.42 (+3.90%)
Earnings Preview: What To Expect From International Flavors' Report

International Flavors is expected to announce its first-quarter results soon, and analysts are projecting a double-digit fall in its EPS.

$SPX : 6,886.24 (+1.02%)
IFF : 71.02 (-0.95%)
XLB : 51.66 (-1.02%)
Leidos Holdings Earnings Preview: What to Expect

Leidos Holdings will release its first-quarter earnings next month, and analysts anticipate a single-digit profit dip.

$SPX : 6,886.24 (+1.02%)
XLK : 146.97 (+0.93%)
LDOS : 157.63 (+0.03%)
Earnings Preview: What to Expect From Extra Space Storage's Report

Extra Space Storage will release its first-quarter earnings later this month, and analysts anticipate a marginal FFO growth.

$SPX : 6,886.24 (+1.02%)
EXR : 140.03 (+0.20%)
XLRE : 42.98 (-0.09%)
Analysts Hike Their Micron Estimates, Pushing MU Stock Price Targets Higher

Analysts keep hiking their revenue forecasts for Micron Technologies, as well as their price targets. Thus, its forecasted adjusted free cash flow projections...

MU : 430.92 (+1.02%)
Anthropic Just Triggered a Frenzied Selloff in Fastly Stock. Should You Buy the Dip?

Anthropic's launch of managed agents led to a plunge in Fastly’s stock. So should you buy the dip in FSLY, which has skyrocketed over the past year?

FSLY : 23.09 (-5.25%)
Expand Energy's Q1 2026 Earnings: What to Expect

Expand Energy will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

XLE : 55.59 (-2.66%)
EXE : 96.39 (-1.42%)
$SPX : 6,886.24 (+1.02%)
Here's What to Expect From Booking Holdings' Next Earnings Report

Booking Holdings will release its first-quarter earnings later this month, and analysts anticipate a double-digit bottom-line growth.

XLY : 115.22 (+1.14%)
$SPX : 6,886.24 (+1.02%)
BKNG : 182.05 (+2.71%)
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