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 · 1 hour 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 · 1 hour 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 · 6 minutes ago
Keysight Technologies is expected to announce its third-quarter earnings in the coming months, and Wall Street forecasts a double-digit rise in its bottom...
Barchart · 7 minutes ago
SpaceX fans have three key dates ahead: Thursday's Starship launch, Aug. 4 earnings, and an Aug. 6 share lockup expiration worth $116 billion.
Barchart · 19 minutes ago
Palo Alto Networks is expected to announce its fourth-quarter earnings soon, and Wall Street forecasts a double-digit rise in its bottom line.
Barchart · 20 minutes ago
Sandisk is expected to announce its fourth-quarter results in August, and analysts predict a significant jump in the company’s bottom-line figure.
Barchart · 27 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.66%, and the Nasdaq 100 Index ($IUXX...
Barchart · 37 minutes ago
September U.S. T-Note futures present a selling opportunity on more price weakness.
Barchart · 37 minutes ago
A news story out Wednesday afternoon told us Watson wasn't only adding to its net-long futures position, but making a big bet in call options as well.
Barchart · 45 minutes ago
While the general atmosphere is optimistic ahead of Nvidia’s quarterly report, the smart money isn’t crazy about NVDA stock.