Crude Oil Brent Nov '22 (CBX22)
Crude Oil Brent Futures Market News and Commentary
July WTI crude oil (CLN26) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26) closed down -0.0127 (-0.40%).
Crude oil prices rallied to a 1.5-week high on Wednesday and settled sharply higher as clashes between the US and Iran cast doubt on prospects for a peace deal that would reopen the Strait of Hormuz. Crude prices added to their gains, and gasoline prices fell after Wednesday’s weekly EIA report showed that crude inventories fell more than expected and gasoline stockpiles unexpectedly rose.
Crude prices jumped on Wednesday after US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Gulf states, escalating tensions and reducing chances that the Strait of Hormuz will open any time soon. Shortly after disabling an empty oil tanker heading back to Iran, the US military said it came under missile and drone attacks as Iran targeted the US’s Bahrain naval base and the Ali Al-Salem airbase in Kuwait. US forces struck a commun... Read more
Barchart · 43 minutes ago
A lack of headlines left the commodity complex adrift, for the most part, overnight through early Thursday morning.
Barchart · Wed Jun 3, 2:15PM CDT
July WTI crude oil (CLN26 ) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26 ) closed down -0.0127 (-0.40%). Crude oil prices rallied...
Barchart · Wed Jun 3, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Wednesday rose +0.047 (+1.48%). Nat-gas prices moved higher on Wednesday on the outlook for a below-average build in...
Barchart · Wed Jun 3, 10:40AM CDT
July WTI crude oil (CLN26 ) today is up +1.80 (+1.93%), and July RBOB gasoline (RBN26 ) is up +0.0155 (+0.49%). Crude oil prices are moving sharply higher...
Barchart · Tue Jun 2, 2:14PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed up +1.60 (+1.74%), and July RBOB gasoline (RBN26 ) closed up +0.0596 (+1.83%). Crude oil prices settled sharply...
Barchart · Tue Jun 2, 2:12PM CDT
July Nymex natural gas (NGN26 ) on Tuesday fell -0.012 (-0.38%). Nat-gas prices settled lower on Tuesday for a second session, as US LNG export volumes...
Barchart · 10 minutes ago
June Nasdaq 100 E-Mini futures (NQM26) are trending down -1.12% this morning as a disappointing forecast from Broadcom led investors to hit pause on the...
Barchart · 18 minutes ago
PNC Financial Services has outperformed the Dow Jones over the past year, and analysts remain moderately optimistic about the stock’s outlook.
Barchart · 40 minutes ago
A lack of headlines left the commodity complex adrift, for the most part, overnight through early Thursday morning.
Barchart · 49 minutes ago
U.S. Bancorp has lagged behind the Nasdaq Composite over the past year, and analysts remain moderately bullish about the stock’s outlook.
Barchart · 1 hour ago
Emerson Electric has lagged behind the S&P 500 Index over the past year, and analysts remain somewhat optimistic about the stock’s growth potential.
Barchart · 1 hour ago
SLB N.V. has outperformed other energy stocks, and analysts remain highly optimistic about the stock’s outlook.
Barchart · Thu Jun 4, 2:36AM CDT
Capital One is facing a rough patch as its shares lag the broader market. However, Wall Street still sees untapped potential ahead.
Barchart · Wed Jun 3, 11:01PM CDT
Northrop Grumman has considerably lagged its industry peers recently, yet analysts remain moderately optimistic about the stock’s prospects
