Crude Oil Brent Sep '24 (CBU24)
Crude Oil Brent Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed up +0.74 (+0.90%), and August RBOB gasoline (RBQ26) closed down -0.0037 (-0.11%).
Crude oil and gasoline prices settled mixed on Monday, with crude oil rallying to a 5-week high amid the escalation of hostilities between the US and Iran, which is keeping the Strait of Hormuz closed and tightening global oil supplies.
gave up overnight gains and turned lower after Reuters reported that mediators had proposed a 10-day ceasefire between the US and Iran. Prices initially moved higher today, with crude posting a 5-week high and gasoline posting a 2-month high after hostilities between the US and Iran escalated further over the weekend.Â
The US conducted a ninth straight day of airstrikes on Iran on Monday, bombing military targets and communications networks, and Iran retaliated by launching drones and missiles at US bases in Kuwait, Jordan, Bahrain, and Iraq. The New York Times reported that the US is sending more warplan... Read more
Barchart · Mon Jul 20, 2:15PM CDT
August WTI crude oil (CLQ26 ) on Monday closed up +0.74 (+0.90%), and August RBOB gasoline (RBQ26 ) closed down -0.0037 (-0.11%). Crude oil and gasoline...
Barchart · Mon Jul 20, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed down -0.051 (-1.75%). Nat-gas prices retreated on Monday and are just above last Thursday’s 2-month...
Klarenbach Research · Mon Jul 20, 11:34AM CDT
Technical analysis of WTI Crude Oil hitting resistance at the 50-day moving average and what this market slowdown means for Western Canadian grain markets....
Barchart · Mon Jul 20, 10:45AM CDT
August WTI crude oil (CLQ26 ) today is down -0.33 (-0.40%), and August RBOB gasoline (RBQ26 ) is down -0.0158 (-0.47%). Crude oil and gasoline prices gave...
Blue Line Futures · Mon Jul 20, 8:17AM CDT
Headlines over the weekend skewed bullish until 2am last night, when reports and rumors started flowing about Iranian leadership arriving in Pakistan....
Barchart · Mon Jul 20, 8:17AM CDT
Atmos Energy will release its third-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
Barchart · 1 hour ago
Erie Indemnity is heading toward its Q2 earnings with rising growth expectations, although uncertainty still surrounds the stock.
Barchart · Mon Jul 20, 6:30PM CDT
Abbott's diversified healthcare business is one of the main reasons why it remains a reliable dividend stock.
Barchart · Mon Jul 20, 5:07PM CDT
Corn futures closed the Monday session slipping back from the highs, rounding out trade with 2 to 5 ½ cent gains. The CmdtyView national average Cash...
Barchart · Mon Jul 20, 5:07PM CDT
Soybeans were in rally mode on Monday, with contracts posting 20 to 23 1/4 cent gains and other contracts 10 ¾ to 18 ¼ cents higher. The cmdtyView national...
Barchart · Mon Jul 20, 5:07PM CDT
The wheat complex was mostly lower on Monday, with winter wheat falling and spring wheat holding up. Chicago SRW contracts were 4 1/4 to 8 3/4 cents in...
Barchart · Mon Jul 20, 5:07PM CDT
Live cattle futures are closed the session with contracts $2.10 to $3.10 higher on Monday. Cash trade has yet to get kicked of this week with Monday compiling...
Barchart · Mon Jul 20, 5:07PM CDT
Lean hog futures were mixed on Monday, with front months down as much as 37 cents and other contracts up as much as $1.07. USDA’s national base hog price...
Barchart · Mon Jul 20, 5:07PM CDT
Cotton futures were up 9 to 37 points across most contracts on Monday. Crude oil was up another 65 cents per barrel, with the US dollar index up 0.209....