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Crude Oil Brent Aug '28 (CBQ28)

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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

2 pumpjacks at sunset by vadimrysev via iStock
A Practical Framework for Filtering and Selecting Seasonal Spreads

The edge in seasonal spreads doesn’t come from finding more trades—it comes from filtering out the wrong ones. This article outlines a practical framework...

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%)
Iran Ceasefire, Bank Earnings and Other Key Things to Watch this Week

Markets face extraordinary uncertainty following the collapse of lengthy U.S.-Iran diplomatic talks that ended with no deal, as Vice President J.D. Vance...

NFLX : 103.01 (+0.94%)
C : 124.39 (-0.42%)
BAC : 52.54 (-0.32%)
WFC : 85.40 (-0.72%)
JPM : 309.87 (-0.15%)
MS : 177.64 (-0.29%)
JNJ : 238.46 (-1.18%)
SCHW : 94.80 (-2.54%)
PEP : 157.06 (-0.27%)
GS : 907.80 (+0.45%)
TSM : 370.60 (+1.40%)
ASML : 1,478.28 (+2.05%)
Earnings Preview: What to Expect From Eaton's Report

Eaton will release its first-quarter earnings soon, and analysts anticipate a low single-digit bottom-line growth.

XLI : 171.52 (-0.39%)
$SPX : 6,816.89 (-0.11%)
ETN : 403.00 (+0.64%)
What to Expect From Revvity's Next Quarterly Earnings Report

Revvity will release its first-quarter earnings soon, and analysts anticipate a low single-digit bottom-line growth.

XLV : 147.31 (-1.35%)
$SPX : 6,816.89 (-0.11%)
RVTY : 89.79 (-0.74%)
Welltower Earnings Preview: What to Expect

Welltower will release its first-quarter earnings later this month, and analysts anticipate a double-digit FFO growth.

WELL : 207.59 (+0.61%)
$SPX : 6,816.89 (-0.11%)
XLRE : 42.82 (+0.21%)
What You Need to Know Ahead of SBA Communications' Earnings Release

SBA Communications will release its first-quarter earnings soon, and analysts anticipate a double-digit FFO dip.

$SPX : 6,816.89 (-0.11%)
SBAC : 223.75 (+2.42%)
XLRE : 42.82 (+0.21%)
What to Expect From Cincinnati Financial's Next Quarterly Earnings Report

Cincinnati Financial will release its first-quarter earnings later this month, and analysts anticipate a robust triple-digit bottom-line growth.

CINF : 161.14 (-1.71%)
XLF : 50.77 (-1.09%)
$SPX : 6,816.89 (-0.11%)
Dear ASML Stock Fans, Mark Your Calendars for April 15

ASML stock is trading at a significant premium, and an earnings call is just around the corner. Here's what you need to keep in mind.

NVDA : 188.63 (+2.57%)
ASML : 1,478.28 (+2.05%)
TSM : 370.60 (+1.40%)
As the Cybersecurity Selloff Continues, Palo Alto Just Scored a New Deal with Anthropic. Should You Buy the Dip in PANW Stock?

While AI fears trigger a cybersecurity selloff, Palo Alto Networks’s tie-up with Anthropic offers a glimmer of hope. Is PANW stock a buy here?

MSFT : 370.87 (-0.59%)
NVDA : 188.63 (+2.57%)
GOOG : 315.72 (-0.21%)
GOOGL : 317.24 (-0.39%)
AMZN : 238.38 (+2.02%)
PANW : 155.73 (-6.74%)
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