Crude Oil Brent Apr '27 (CBJ27)
Crude Oil Brent Futures Market News and Commentary
June WTI crude oil (CLM26) on Thursday closed down -1.81 (-1.69%), and June RBOB gasoline (RBM26) closed up +0.0228 (+0.63%). Â Crude oil and gasoline prices settled mixed on Thursday, with gasoline soaring to a 3.75-year high. Â Crude oil gave up an early advance and fell sharply on Thursday amid concerns that higher energy prices are starting to curb demand and global economic growth. Â
Signs that high oil prices are beginning to curb energy demand and global economic growth sparked long liquidation in crude oil on Thursday. Â US Q1 GDP rose +2.0% (q/q annualized), weaker than expectations of +2.3%. Â Also, Eurozone Q1 GDP rose +0.1% q/q and +0.8% y/y, weaker than expectations of +0.2% m/m and +0.9% y/y.
WTI crude oil prices initially rallied to a 3-week high on Thursday after Axios reported that President Trump will be briefed on new military options for action in Iran, signaling the potential for fresh escalation in the war. Â US Central Command has prepared a plan for a... Read more
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June WTI crude oil (CLM26 ) on Thursday closed down -1.81 (-1.69%), and June RBOB gasoline (RBM26 ) closed up +0.0228 (+0.63%). Crude oil and gasoline...
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June Nymex natural gas (NGM26 ) on Thursday closed up +0.120 (+4.53%). Nat-gas prices rallied sharply on Thursday due to a smaller-than-expected build...
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June WTI crude oil (CLM26 ) today is down -2.01 (-1.88%), and June RBOB gasoline (RBM26 ) is down -0.0104 (-0.29%). Crude oil and gasoline prices gave...
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Live cattle futures posted mixed trade at the close, with contracts down $1.25 to $1.60 higher in the expiring April contract. Cash trade got kicked off...
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Lean hog futures were down 25 cents to $1.65 at the Thursday close. Open interest suggested some modest long liquidation, down 3,105 contracts. USDA’s...
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Cotton prices are up 40 to 45 points on Friday AM trade. Futures closed the Thursday session gains of the 3 cent limit in July, with in delivery May up...
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Soybeans are extending higher on Friday morning, with contracts up 3 to 4 cents. Futures bounced off early session lows on Thursday to close with contracts...
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Corn price action is mixed early on Friday, morning, with the now in-delivery May down 1 ¼ cents and other contracts 2 to 3 cents higher. Futures posted...
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Wheat is mostly higher on Friday morning, with the nearby May thin and in-deliveries. The wheat complex posted some profit taking on Thursday, with all...
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