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Crude Oil Brent Jul '27 (CBN27)

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Crude Oil Brent Futures Market News and Commentary

Crude Prices Fall on Long Liquidation Ahead of US-Iran Peace Talks

May WTI crude oil (CLK26) on Friday closed down -1.30 (-1.33%), and May RBOB gasoline (RBK26) closed up +0.0366  (+1.22%).  Crude oil and gasoline prices settled mixed on Friday.  Crude prices gave up an early advance on Friday and retreated amid heavy liquidation in crude oil futures ahead of Saturday's peace negotiations in Pakistan between the US and Iran.  Crude prices initially moved higher on Friday amid a weaker dollar and ongoing blockage of the Strait of Hormuz, which has disrupted crude oil flows from the Gulf and reduced global oil supplies.  

Crude prices also fell on Friday after Reuters reported that the US is likely to approve an extension of a waiver that would allow the sale of some Russian crude oil.  

Crude prices were pressured on Friday in hopes that this weekend's negotiations between the US and Iran will lead to a diplomatic solution to the war that allows crude supplies to flow again through the Strait of Hormuz.  It remains to be seen if there wi... Read more

An oil tanker out at sea by Gerhard Traschutz via Pixabay
How the Strait of Hormuz ping pong ball is affecting commodity prices from soup to nuts

Not since the Suez Canal crisis in 1956, has a single nautical passageway had so much influence on the whole world.

USO : 124.82 (-1.69%)
CLK26 : 96.57s (-1.33%)
QAM26 : 95.20s (-0.75%)
USOY : 8.07 (-4.83%)
USOI : 58.45 (+0.03%)
A sunset over a fuel tanker by Sebastian via Pixabay
Crude Prices Fall on Long Liquidation Ahead of US-Iran Peace Talks

May WTI crude oil (CLK26 ) on Friday closed down -1.30 (-1.33%), and May RBOB gasoline (RBK26 ) closed up +0.0366 (+1.22%). Crude oil and gasoline prices...

CLK26 : 96.57s (-1.33%)
RBM26 : 2.9552s (+0.96%)
Triple natural gas flare burning at night by Kirsten Strickland via iStock
Mild US Weather Weighs on Nat-Gas Prices

May Nymex natural gas (NGK26 ) on Friday closed down -0.022 (-0.82%). Nat-gas prices tumbled to a fresh 7.5-month nearest-futures low on Friday and settled...

NGK26 : 2.648s (-0.82%)
Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_
Crude Prices Supported Ahead of Saturday’s US-Iran Peace Talks

May WTI crude oil (CLK26 ) today is up +1.05 (+1.07%), and May RBOB gasoline (RBK26 ) is up +0.0366 (+1.22%). Crude oil and gasoline prices are moving...

CLK26 : 96.57s (-1.33%)
RBM26 : 2.9552s (+0.96%)
Oil tanker in open sea by StockStudio via Shutterstock
Crude Prices Gain as Closure of Strait of Hormuz Curbs Oil Supplies

May WTI crude oil (CLK26 ) on Thursday closed up +3.46 (+3.66%), and May RBOB gasoline (RBK26 ) closed down -0.0052 (-0.17%). Crude oil and gasoline prices...

CLK26 : 96.57s (-1.33%)
RBM26 : 2.9552s (+0.96%)
Jack up drilling rigs off coast by Elliot Day via Pixabay
Nat-Gas Prices Retreat on Abundant US Supplies

May Nymex natural gas (NGK26 ) on Thursday closed down -0.054 (-1.98%). Nat-gas prices added to this week's losses on Thursday, falling to a 7.5-month...

NGK26 : 2.648s (-0.82%)
Earnings Preview: What to Expect From PPG Industries’ Report

PPG Industries is poised to release its first-quarter earnings by the end of this month, and analysts are anticipating a marginal decline in profits.

PPG : 110.33 (+0.57%)
$SPX : 6,816.89 (-0.11%)
XLB : 51.96 (+0.56%)
Realty Income Earnings Preview: What to Expect

Realty Income is gearing up to report its first-quarter earnings, and analysts are projecting a single-digit increase in FFO.

$SPX : 6,816.89 (-0.11%)
XLRE : 42.82 (+0.21%)
O : 63.75 (+0.87%)
Coca-Cola’s Quarterly Earnings Preview: What You Need to Know

The Coca-Cola Company is set to report its fiscal first-quarter results by the end of this month, and analysts are anticipating a low double-digit growth...

KO : 77.47 (-0.91%)
$SPX : 6,816.89 (-0.11%)
XLP : 82.37 (-1.29%)
Earnings Preview: What to Expect From Clorox’s Report

The Clorox Company is set to report its third-quarter results shortly, and analysts are forecasting a modest, single-digit increase in earnings.

$SPX : 6,816.89 (-0.11%)
XLP : 82.37 (-1.29%)
CLX : 105.28 (-2.17%)
Here's What to Expect From The Williams Companies’ Next Earnings Report

The Williams Companies is all ready to release its FY2026 Q1 earnings shortly, and analysts are expecting its earnings to rise in the single digits.

XLE : 56.94 (-0.68%)
$SPX : 6,816.89 (-0.11%)
WMB : 72.74 (-0.11%)
ConocoPhillips vs. EOG: 1 of These Energy Stocks Is Cheaper and Pays You More. Which One?

ConocoPhillips and EOG are both winning energy stocks, but one stands out on scale while the other looks cheaper and stronger for income.

COP : 122.55 (-0.75%)
EOG : 136.19 (-0.29%)
Wheat Closes with Friday Losses

The wheat complex is showing mixed trade on Friday. Chicago SRW futures were down 3 ½ to 6 cents higher on the Friday session, with May 27 ¼ cents lower...

KEN26 : 605-0s (-0.12%)
KEK26 : 590-6s (+0.04%)
MWK26 : 6.1150s (-1.09%)
ZWK26 : 571-0s (-0.61%)
ZWN26 : 580-6s (-0.73%)
Hogs Close Mostly Lower on Friday

Lean hog futures posted losses of 37 to 60 cent losses in most contracts on Friday, as April was an exception, up a nickel. June was down 75 cents on the...

HEK26 : 95.525s (-0.39%)
HEJ26 : 90.725s (+0.06%)
HEM26 : 103.725s (-0.38%)
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