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Crude Oil Brent Jun '29 (CBM29)

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Crude Oil Brent Futures Market News and Commentary

Crude Prices Soar as Iran War Looks to Escalate

May WTI crude oil (CLK26) today is up +4.13 (+3.67%), and May RBOB gasoline (RBK26) is up +0.0210 (+0.63%).  Crude oil and gasoline prices are sharply higher today, with crude posting a 4-week nearest-futures high.   Crude prices are soaring on concerns that the war in Iran will escalate if Iran fails to meet President Trump’s demand to reopen the Strait of Hormuz by 8 pm tonight.  Gains in crude oil accelerated today after the New York Times reported that Iran has ended negotiations with the US.

Axios reported that the US conducted strikes on military targets on Kharg Island today, and Israel told Iranians to refrain from using their country’s railway network.  Also, Iran pressed on with attacks across the Persian Gulf, dimming chances for peace.  President Trump said that a “whole civilization will die tonight” if Iran does not make a deal to reopen the Strait of Hormuz.  Iran warned it will respond to escalated US strikes by ramping up its own attacks on energy infrastructu... Read more

A sunset over a fuel tanker by Sebastian via Pixabay
Crude Prices Soar as Iran War Looks to Escalate

May WTI crude oil (CLK26 ) today is up +4.13 (+3.67%), and May RBOB gasoline (RBK26 ) is up +0.0210 (+0.63%). Crude oil and gasoline prices are sharply...

CLK26 : 114.83 (+2.15%)
RBK26 : 3.3007 (-0.23%)
A concept image showing a particle explosion_ Image by Panos Karas via Shutterstock_
Cathie Wood Is Buying the Oklo Stock Dip. Should You?

One of the most notable purchases last week by Ark Invest was OKLO stock.

META : 567.90 (-0.89%)
OKLO : 46.67 (-4.29%)
Oil production with Iran flag by EVER STOCK via Shutterstock
Crude Prices Climb on Fears of Escalation of Iran War

May WTI crude oil (CLK26 ) on Monday closed up +0.87 (+0.78%), and May RBOB gasoline (RBK26 ) closed up +0.0202 (+0.61%). Crude oil and gasoline prices...

CLK26 : 114.83 (+2.15%)
RBK26 : 3.3007 (-0.23%)
Gas flame with blue reflection on dark backdrop by Bellanatella via iStock
Nat-Gas Prices Rebound on Colder US Weather Forecasts

May Nymex natural gas (NGK26 ) on Monday closed up +0.011 (+0.39%). Nat-gas prices recovered from a 7.25-month nearest-futures low on Monday and settled...

NGK26 : 2.858 (+1.67%)
Exxon Mobil Corp_ magnified website- by Casimiro PT via Shutterstock
Exxon Mobil Stock Is Trading on an Iran War Thesis. How Should You Play XOM Here?

Exxon Mobil’s rally is riding a war premium built on Middle East supply risk and a tanker‑insurance backstop, but underneath that trade investors still...

QAM26 : 109.33 (-0.40%)
XOM : 163.79 (+0.26%)
Strait of Hormuz by artemegorovv via Shutterstock
Crude Prices Fluctuate on Iran War Headlines

May WTI crude oil (CLK26 ) today is up +0.77 (+0.69%), and May RBOB gasoline (RBK26 ) is up +0.0009 (+0.03%). Crude oil and gasoline prices are moving...

CLK26 : 114.83 (+2.15%)
RBK26 : 3.3007 (-0.23%)
Increased Supplies and Weak Demand Hammers Cocoa Prices

May ICE NY cocoa (CCK26 ) today is down -214 (-6.62%), and May ICE London cocoa #7 (CAK26 ) is down -127 (-5.16%). Cocoa prices are sharply lower today,...

CCK26 : 3,007 (-7.05%)
CAK26 : 2,332 (-5.16%)
What to Expect From Globe Life's Next Quarterly Earnings Report

Globe Life is expected to announce its fiscal first-quarter earnings soon, and analysts project a double-digit profit growth.

XLF : 49.78 (-0.20%)
GL : 144.26 (+0.63%)
$SPX : 6,562.09 (-0.75%)
Why Did Cathie Wood Just Buy 230,000 Shares of Kodiak AI Stock, and Should You?

Kodiak AI gains attention after Cathie Wood’s big buy, but high risk and weak fundamentals make it a speculative bet.

NVDA : 175.08 (-1.44%)
KDK : 7.68 (+1.86%)
ARKQ : 114.48 (-1.28%)
Marvell Insider David Casper Just Sold Nearly 18,000 Shares of MRVL Stock. Should You Sell Too?

Marvell Technology insider sale raises questions, but strong AI-driven growth keeps the long-term story intact.

NVDA : 175.08 (-1.44%)
MRVL : 107.94 (-1.43%)
Coffee Prices Tumble on Abundant Global Supplies

May arabica coffee (KCK26 ) today is down -11.80 (-3.96%), and May ICE robusta coffee (RMK26 ) is down -115 (-3.34%). Coffee prices are plunging today,...

RMN26 : 3,227 (-3.56%)
KCK26 : 286.70 (-3.81%)
What to Expect From Align Technology's Q1 2026 Earnings Report

Align Technology is scheduled to report its first-quarter results later this month, and analysts expect a double-digit earnings increase.

XLV : 146.17 (-0.08%)
$SPX : 6,562.09 (-0.75%)
ALGN : 166.88 (-2.90%)
Crude Prices Soar as Iran War Looks to Escalate

May WTI crude oil (CLK26 ) today is up +4.13 (+3.67%), and May RBOB gasoline (RBK26 ) is up +0.0210 (+0.63%). Crude oil and gasoline prices are sharply...

CLK26 : 114.32 (+1.70%)
RBK26 : 3.2913 (-0.51%)
JPMorgan Stock Fans, Mark Your Calendars for April 14

JPMorgan is all set to publish its first-quarter results on April 14 following a strong 2025.

$SRFI : 827.98 (-0.23%)
JPM : 295.63 (+0.06%)
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