Crude Oil Brent Feb '29 (CBG29)
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 · 32 minutes ago
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Barchart · Fri Jun 5, 4:10AM CDT
Pre-dawn Friday found only one sector of the commodity complex wearing green.
Barchart · Fri Jun 5, 1:22AM CDT
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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...
