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Crude Oil Brent Jul '24 (CBN24)

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Crude Oil Brent Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent prices and Crude Oil Brent futures quotes for all active contracts below.
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Crude Oil Brent Futures Market News and Commentary

Crude Prices Fall on Hopes Diplomacy Can End US-Iran War

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

2 pumpjacks at sunset by vadimrysev via iStock
Crude Swings on Conflicting Headlines, Key Support in Focus

Update: The headline machine is running this morning. President Trump said this morning that China was “happy” with the “permanent reopening of the...

Devon Energy Corp_ phone app with background- by IgorGolovniov via Shutterstock
What to Expect From Devon Energy's Q1 2026 Earnings Report

Devon Energy will release its first-quarter earnings next month, and analysts anticipate a double-digit profit dip.

A company logo for Marathon Petroleum by Jonathan Weiss via Shutterstock
What to Expect From Marathon Petroleum's Next Quarterly Earnings Report

Marathon Petroleum will release its first-quarter earnings next month, and analysts anticipate a robust triple-digit bottom-line growth.

Oil production with Iran flag by EVER STOCK via Shutterstock
Crude Prices Fall on Hopes Diplomacy Can End US-Iran War

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...

Natural gas burnoff refinery by Leonid Eremeychuk via iStock
The Outlook for an Expanding Storage Surplus Weighs on Nat-Gas Prices

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...

Oil production with Iran flag by EVER STOCK via Shutterstock
Crude Oil: Short Supply, Demand Destruction, or Alternate Alliteration?

Early Tuesday morning, the IEA reportedly said crude was facing 'demand destruction' due to the US president's War on Iran.

Dollar Little Changed Awaiting News on US-Iran Peace Talks

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...

Nokia Stock Just Surpassed Its Street-High Price Target. Does It Have Any More Room to Run?

Nokia Oyj has broken past average analysts' price expectations after a sharp rally. Is the stock a buy, hold or sell now?

Analysts Are Still Betting That Applied Digital Stock Can More Than Double Over the Next 12 Months

Despite a massive rally, Applied Digital Corporation still has bulls calling for over 200% upside, as AI infrastructure demand fuels aggressive Street...

BNY Mellon Stock Just Hit New All-Time Highs. Where Does It Go Next?

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....

Stocks Supported by US-Iran Peace Optimism

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 )...

Cathie Wood Just Bought 81,000 Shares of Tesla Stock. Should You Back Up the Truck Too?

Cathie Wood sold the peak late last year, and now she's buying the dip.

Consumer Sentiment Is Collapsing. Is This the Sign of an Economic Meltdown or Social Stress?

The University of Michigan Consumer Sentiment Index recently plunged to a historic low, sparking fears of an imminent recession. Here's what to know.

Assurant's Q1 2026 Earnings: What to Expect

Assurant will release its first-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.

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