Crude Oil Brent Sep '28 (CBU28)
Crude Oil Brent Futures Market News and Commentary
September WTI crude oil (CLU26) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26) closed up +0.0186 (+0.58%).
Crude oil and gasoline prices settled sharply higher on Wednesday, with crude posting a 6-week high and gasoline climbing to a 2-month high.  Threats to global oil supplies are boosting crude oil prices as escalation of the US-Iran war has curbed oil tanker traffic through the Strait of Hormuz and threats by Houthi militants to blockade Saudi Arabia have reduced oil tanker traffic through the Red Sea. Crude prices fell from their high on Wednesday after weekly EIA crude and gasoline inventories unexpectedly increased.
The US and Iran played down the prospect of peace talks anytime soon as disruptions to global oil supplies continue to mount. The US conducted an 11th straight day of attacks on Iran on Wednesday in an effort to degrade the country's ability to threaten commercial shipping in the Strait of Hormuz. Iran retaliated by strik... Read more
Blue Line Futures · 12 minutes ago
With WTI crude oil back up into the $90 range patient longs that have stuck with our bull call since the mid 70's would be prudent to take some profits...
Barchart · 26 minutes ago
Fervo Energy was upgraded by Bank of America to a "Buy" rating amid the latest stock pullback.
Barchart · Thu Jul 23, 4:24AM CDT
Dominion Energy will release its second-quarter earnings next week, and analysts anticipate a single-digit bottom-line growth.
Wavetraders · Thu Jul 23, 4:23AM CDT
Crude oil rallies on US-Iran tensions, weighing on stocks as the US Dollar strengthens. Elliott Wave analysis points to more short-term volatility across...
Barchart · Wed Jul 22, 2:20PM CDT
September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). Crude oil and...
Barchart · Wed Jul 22, 2:19PM CDT
August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.060 (+2.09%). Nat-gas prices settled sharply higher on Wednesday amid forecasts for hotter...
Barchart · 15 minutes ago
Amcor is expected to announce its third-quarter earnings soon, and Wall Street forecasts a double-digit increase in its bottom line.
Barchart · 19 minutes ago
Cisco Systems is set to post its fourth-quarter results soon, and analysts predict a double-digit growth in the company’s bottom-line figure.
Barchart · 27 minutes ago
Fervo Energy was upgraded by Bank of America to a "Buy" rating amid the latest stock pullback.
Barchart · 27 minutes ago
The chart tells me this is nothing more than a bounce, and definitely not a true market bottom.
Barchart · 27 minutes ago
Microsoft's decision to deploy AMD's Helios platform marks a major validation of its full-stack AI strategy and strengthens the company's long-term position...
Barchart · 50 minutes ago
Cotton price action is up 38 to 63 points on Thursday morning. Futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil...
Barchart · 50 minutes ago
Lean hog futures saw gains of 20 to 75 cents across most contracts, with August the exception, down a nickel. Open interest was up 199 contracts on Wednesday....
Barchart · 50 minutes ago
Corn price action is extending the rally, with contracts up another 2 to 3 cents on Thursday morning. Futures rallied 8 to 9 1/2 cents into the Wednesday...