Crude Oil Brent Aug '27 (CBQ27)
Crude Oil Brent Futures Market News and Commentary
October WTI crude oil (CLV26) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26) closed up +0.0268 (+0.88%).
Crude oil and gasoline prices moved sharply higher on Monday, with crude climbing to a 1-week high. Renewed tensions in the Middle East boosted crude prices on Monday after the US and Iran exchanged attacks for the first time in a month. The attacks are fueling concern that military escalation could further curtail shipping through the Strait of Hormuz, further reducing global energy supplies.
Crude prices jumped on Monday as tensions in the Middle East flared. The US Central Command said it targeted Iranian rocket launchers preparing to send mines into the Strait of Hormuz, and Iran retaliated by firing missiles and drones at US air bases in Jordan and the United Arab Emirates. Crude prices added to their gains on Monday when Axios reported that President Trump is weighing limited strikes against Iran to prevent their rebuilding capabilities... Read more
Ivan Patriki · Mon Aug 31, 8:00PM CDT
No hole yet. NRED has not drilled Wilmac. A first hole needs a permit and financing. That being said, there's copper at surface, and targets to the west....
Barchart · Mon Aug 31, 3:13PM CDT
Don’t overlook the major Friday news from the White House, which could be critical for SLB, says our top chart strategist.
Barchart · Mon Aug 31, 2:13PM CDT
October WTI crude oil (CLV26 ) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26 ) closed up +0.0268 (+0.88%). Crude oil and gasoline...
Barchart · Mon Aug 31, 2:12PM CDT
October Nymex natural gas (NGV26 ) on Monday closed up +0.047 (+1.63%). Nat-gas prices settled higher on Monday as forecasts for triple-digit temperatures...
Barchart · Mon Aug 31, 1:04PM CDT
Tesla is raising U.S. Cybertruck prices by $5,000 on the Dual Motor AWD and Premium AWD models, reversing its earlier strategy of cutting prices to support...
Barchart · Mon Aug 31, 12:35PM CDT
August just flipped the commodity script. Grains rallied HARD into harvest (not the usual drop):Corn → multi-year highsWheat → 3-year highs on Black...
Barchart · 13 minutes ago
Stryker has considerably underperformed the broader market over the past year, while analysts remain bullish on its future prospects.
Barchart · 24 minutes ago
Booking Holdings has considerably underperformed the broader market over the past year, while analysts remain strongly bullish on its future prospects....
Barchart · 24 minutes ago
Wall Street appears optimistic. Analysts have set an average 12-month price target of about $324.44 for Nvidia stock, suggesting roughly 47% upside from...
Barchart · 24 minutes ago
SMCI is betting on the AI buildout, while CoreWeave is betting on what comes after. Only one has the bigger long-term opportunity.
Barchart · 29 minutes ago
Lowe’s has lagged the broader market over the past year, while analysts remain somewhat bullish on its future prospects.
Barchart · 41 minutes ago
Intel has outperformed the technology sector, yet analysts remain unsure about the stock’s outlook.
Barchart · 54 minutes ago
Market volatility has dropped significantly in recent weeks as measured by the CBOE Volatility (VIX) Index. VIX is a real-time index that represents the...
Barchart · 1 hour ago
September S&P 500 E-Mini futures (ESU26) are down -0.49%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.91% this morning as rising oil prices...