Crude Oil Brent Jul '24 (CBN24)
Crude Oil Brent Futures Market News and Commentary
May WTI crude oil (CLK26) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26) closed down -0.0765 (-2.46%). Crude oil and gasoline prices fell sharply on Tuesday in hopes that the US and Iran would extend peace negotiations. Crude prices extended their losses on Tuesday after the US authorized some Russian crude oil transactions.
Crude prices tumbled on Tuesday as the US and Iran are in discussions to hold additional negotiations on a longer-term ceasefire and to extend the two-week ceasefire that expires on April 22. The New York Post reported that President Trump said talks could resume "over the next two days" in Pakistan.
Crude prices added to their losses on Tuesday on signs of larger global oil supplies, after the US Treasury said it had issued a license authorizing some Lukoil transactions outside Russia under its US general license.
Crude prices are supported after the US on Monday began a full naval blockade of the Strait of Hormuz an... Read more
Blue Line Futures · 55 minutes ago
Update: The headline machine is running this morning. President Trump said this morning that China was “happy” with the “permanent reopening of the...
Barchart · 56 minutes ago
Devon Energy will release its first-quarter earnings next month, and analysts anticipate a double-digit profit dip.
Barchart · 1 hour ago
Marathon Petroleum will release its first-quarter earnings next month, and analysts anticipate a robust triple-digit bottom-line growth.
Barchart · Tue Apr 14, 2:18PM CDT
May WTI crude oil (CLK26 ) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26 ) closed down -0.0765 (-2.46%). Crude oil and gasoline...
Barchart · Tue Apr 14, 2:16PM CDT
May Nymex natural gas (NGK26 ) on Tuesday closed down -0.028 (-1.07%). Nat-gas prices continued their 5-week selloff on Tuesday, dropping to a 17-month...
Barchart · Tue Apr 14, 11:18AM CDT
Early Tuesday morning, the IEA reportedly said crude was facing 'demand destruction' due to the US president's War on Iran.
Barchart · 15 minutes ago
The dollar index (DXY00 ) today is up by +0.02%. The dollar is little changed today, awaiting fresh news on US-Iran peace talks. The dollar found some...
Barchart · 18 minutes ago
Nokia Oyj has broken past average analysts' price expectations after a sharp rally. Is the stock a buy, hold or sell now?
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Despite a massive rally, Applied Digital Corporation still has bulls calling for over 200% upside, as AI infrastructure demand fuels aggressive Street...
Barchart · 38 minutes ago
Bank of New York Mellon (BK) demonstrates strong technical momentum and is trading at a new all-time high. Shares are up more than 68% over the past year....
Barchart · 39 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX )...
Barchart · 40 minutes ago
Cathie Wood sold the peak late last year, and now she's buying the dip.
Barchart · 42 minutes ago
The University of Michigan Consumer Sentiment Index recently plunged to a historic low, sparking fears of an imminent recession. Here's what to know.
Barchart · 50 minutes ago
Assurant will release its first-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
