Crude Oil Brent Mar '23 (CBH23)
Crude Oil Brent Futures Market News and Commentary
September WTI crude oil (CLU26) today is up +5.31 (+6.70%), and September RBOB gasoline (RBU26) is up -0.0802 (+2.55%).
Crude oil and gasoline prices are soaring today amid a fresh round of hostilities in the Middle East, which threatens global energy supplies. Gains in crude accelerated after President Trump said the US will “hit Iran hard” after a recent attack from Iran that targeted a US base in Jordan. Crude prices raced to their highs after weekly EIA crude inventories unexpectedly fell to a 7.75-year low and after crude supplies at Cushing sank to a nearly 12-year low.
Crude oil prices jumped today after the Islamic Revolutionary Guard Corps (IRGC) said it targeted a US airbase and command center in Jordan with ballistic missiles. The IRGC also claimed to have hit and halted three tankers attempting to transit through the Strait of Hormuz. Meanwhile, the US and Saudi Arabia launched a joint attack on "Iran-aligned terrorists" in Iraq after the IRGC directed them... Read more
Barchart · 5 minutes ago
September WTI crude oil (CLU26 ) today is up +5.31 (+6.70%), and September RBOB gasoline (RBU26 ) is up -0.0802 (+2.55%). Crude oil and gasoline prices...
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TradingView · Wed Jul 29, 3:40AM CDT
U.S.-Iran hostilities are on hold, Brent is correcting, but the risks and consequences haven't gone away.
Barchart · Tue Jul 28, 2:15PM CDT
September WTI crude oil (CLU26 ) on Tuesday closed down -3.35 (-4.06%), and September RBOB gasoline (RBU26 ) closed down -0.0253 (-0.80%). Crude oil and...
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September WTI crude oil (CLU26 ) today is up +5.31 (+6.70%), and September RBOB gasoline (RBU26 ) is up -0.0802 (+2.55%). Crude oil and gasoline prices...
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