or
Faster, Cleaner, Better.

Crude Oil Brent Jul '24 (CBN24)

81.62s -0.24 (-0.29%) 05/31/24 [ICE/EU]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Fri, May 31st, 2024
Day Low
81.17
Day High
82.18
Open 81.74
Previous Close 81.86 81.86
Volume 17,293 17,293
Open Interest 93,635 93,635
Stochastic %K 39.13% 39.13%
Weighted Alpha +8.30 +8.30
5-Day Change -0.50 (-0.61%) -0.50 (-0.61%)
52-Week Range 69.45 - 91.18 69.45 - 91.18
  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
  • MAX
Full Chart
  • OHLC Bars
  • Colored OHLC Bars
  • HLC Bars
  • Candlestick Hollow
  • Candlestick Open-to-Close
  • Candlestick Close-to-Close
  • Heikin-Ashi
  • Line Chart
  • Area Chart
  • Renko
  • Column
  • Baseline
  • Line Break
  • Range
  • Kagi
  • Point And Figure

Crude Oil Brent Futures Market News and Commentary

Crude Oil Prices Remain Weak on Lack of Fresh Russian Sanctions

August WTI crude oil (CLQ25) on Tuesday closed down -0.46 (-0.69%), and August RBOB gasoline (RBQ25) closed up +0.0042 (+0.19%).

Crude oil prices continued to show weakness on Tuesday after President Trump refrained from imposing new sanctions on Russian oil exports on Monday.  Mr. Trump only threatened tariffs on Russia in the future if Russia doesn't agree to a ceasefire, and said the US might slap tariffs on countries that buy Russian oil, such as China and India.  

Oil prices on Tuesday were also undercut by the +0.5% rally in the dollar index.

Oil prices received some support Tuesday after US Energy Secretary Chris Wright said the US is considering creative ways to refill the US Strategic Petroleum Reserve.

In a supportive factor for oil prices, Bloomberg reported last Thursday that OPEC+ is discussing a pause in further production increases from October, following its next monthly hike in September of 548,000 barrels.  OPEC+ may be concerned about a slo... Read more

Contract Specifications

See More
Contract
Brent Crude Oil
Contract Size
42,000 U.S. Gallons
Tick Size
1 cent per barrel ($10.00 per contract)
Trading Hours
8:00p.m. - 6:00p.m. (EST)
Exchange
ICE/EU
Point Value
$1,000
Margin/Maintenance
$6,765/6,150
First Notice Date
05/31/24
Expiration Date
05/31/24 (expired)

Seasonal Chart

Crude Oil Brent Jul '24
Average Price Chart for 5 Prior Jul Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
80.65 +1.20%
on 05/24/24
Period Open: 86.33
85.89 -4.97%
on 05/01/24
-4.71 (-5.46%)
since 04/30/24
3-Month
80.13 +1.86%
on 03/11/24
Period Open: 80.53
91.18 -10.48%
on 04/12/24
+1.09 (+1.35%)
since 02/29/24
52-Week
69.45 +17.52%
on 06/12/23
Period Open: 73.77
91.18 -10.48%
on 04/12/24
+7.85 (+10.64%)
since 05/29/23

More Crude Oil Brent Quotes

All Futures Prices
Please wait...
Please wait...
false

Most Recent Stories

More News
Earnings Preview: What to Expect From Marathon Petroleum's Report

Marathon Petroleum is expected to release its fiscal second-quarter earnings next month, and analysts project a double-digit profit drop.

XLE : 86.88 (-1.44%)
MPC : 175.60 (-0.01%)
$SPX : 6,243.76 (-0.40%)
Devon Energy's Quarterly Earnings Preview: What You Need to Know

Devon Energy is all set to release its fiscal second-quarter earnings next month, and analysts project a double-digit earnings drop.

XLE : 86.88 (-1.44%)
$SPX : 6,243.76 (-0.40%)
DVN : 32.19 (+0.06%)
Plus500 Makes Futures Trading Truly Accessible: Low Margins and Up to $200 in a Commission-Free Bonus!

Trade the most popular US futures of 2025: Agricultural Commodities, Indices, Crypto, Metals, Forex, and more! Join over 30 million people worldwide who trust Plus500. Start trading today with a deposit as low as $100!

Nat-Gas Prices Continue Higher on Hot US Weather Forecasts

August Nymex natural gas (NGQ25 ) on Tuesday closed up +0.057 (+1.64%), adding to Monday's gain of +4.59%. Aug nat-gas prices on Tuesday extended the 4-session rally and posted a new 1.5-week high. The...

NGU25 : 3.585 (+0.76%)
Crude Oil Analysis & Targets

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

CLQ25 : 65.86 (-0.99%)
Crude Oil Prices Remain Weak on Lack of Fresh Russian Sanctions

August WTI crude oil (CLQ25 ) on Tuesday closed down -0.46 (-0.69%), and August RBOB gasoline (RBQ25 ) closed up +0.0042 (+0.19%). Crude oil prices continued to show weakness on Tuesday after President...

CLU25 : 64.80 (-0.87%)
RBU25 : 2.1097 (-0.64%)
Energy Commodities in Q2- Where are they Heading in Q3?

The energy sector of the commodities asset class declined in Q2, reversing a Q1 gain into a loss for the first half of 2025. Crude oil led on the downside after a volatile quarter, driven by geopolitical...

FLQ25 : 1.77250s (+0.14%)
RBQ25 : 2.1572 (-0.57%)
HOQ25 : 2.3812 (-1.00%)
NGQ25 : 3.552 (+0.82%)
CLQ25 : 65.86 (-0.99%)
QAU25 : 68.13 (-0.84%)
LUQ25 : 104.20 (unch)
Crude Oil Prices Remain Weak on Lack of Fresh Russian Sanctions

August WTI crude oil (CLQ25) today is down -0.48 (-0.72%), and August RBOB gasoline (RBQ25 ) is up +0.0152 (+0.70%). Crude oil prices continued to show weakness today after President Trump on Monday refrained...

CLU25 : 64.80 (-0.87%)
RBU25 : 2.1097 (-0.64%)
Crude Tests Key Support After Russia Tariff Shock

WTI Crude Oil Futures (August Futures) Yesterday’s Settlement: 66.98, -1.47 [-2.15%] WTI Crude Oil futures fell yesterday after President Trump announced higher tariffs on Russia in lieu of tighter sanctions...

Oil Is in a Choppy Uptrend. Where Will Prices Go From Here?

October micro crude oil futures present a buying opportunity on more price strength.

CLV25 : 63.91 (-0.71%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 83.15
2nd Resistance Point 82.67
1st Resistance Point 82.14
Last Price 81.62s
1st Support Level 81.13
2nd Support Level 80.65
3rd Support Level 80.12

See More

52-Week High 91.18
Fibonacci 61.8% 82.88
Last Price 81.62s
Fibonacci 50% 80.32
Fibonacci 38.2% 77.75
52-Week Low 69.45

See More

Solutions for Energy Professionals barchart.com/cmdty
Energy Data and Statistics
Explore Data
cmdtyView Pro for Commodity Professionals
Start Free Trial
We help Energy Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.
Use your up/down arrows to move through the symbols.
Free Barchart Webinar
3 Explosive Trends for 2025 You Can't Afford to Miss