Crude Oil Brent Dec '18 (CBZ18)
Crude Oil Brent Futures Market News and Commentary
June WTI crude oil (CLM26) on Monday closed up +4.48 (+4.39%), and June RBOB gasoline (RBM26) closed up +0.1430 (+3.98%). Â Crude oil and gasoline prices recovered from overnight losses and moved sharply higher on signs of heightened tensions in the Strait of Hormuz. Â
Crude prices shot higher Monday after the United Arab Emirates (UAE) said an Iranian drone attack caused a fire at the Fujairah oil industry zone. Â Also, a cargo ship from South Korea was attacked in the Strait of Hormuz, and the UAE issued a missile threat warning after an oil tanker was struck by Iranian drones outside the Strait of Hormuz. Â The US Central Command said the US military fought off attacks from Iranian drones, missiles, and armed small boats as it facilitated the passage of two US-flagged vessels through the Strait of Hormuz.
Crude prices initially moved lower in overnight trading after President Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through... Read more
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Barchart · Mon May 4, 2:22PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +4.48 (+4.39%), and June RBOB gasoline (RBM26 ) closed up +0.1430 (+3.98%). Crude oil and gasoline prices...
Barchart · Mon May 4, 2:20PM CDT
June Nymex natural gas (NGM26 ) on Monday closed up +0.087 (+3.13%). Nat-gas prices rallied to a 4-week nearest-futures high on Monday and settled sharply...
Barchart · Mon May 4, 10:41AM CDT
June WTI crude oil (CLM26 ) today is up +3.18 (+3.12%), and June RBOB gasoline (RBM26 ) is up +0.1323 (+3.68%). Crude oil and gasoline prices recovered...
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Barchart · 27 minutes ago
Despite EOG Resources' outperformance relative to the S&P 500 Index over the past year, Wall Street analysts remain cautiously optimistic about the stock’s...
Barchart · 28 minutes ago
Soybeans are showing 4 to 5 cent losses so far on Tuesday AM trade. Futures posted gains on Monday, with most contracts up 9 ¼ to 19 ¾ cents. Open interest...
Barchart · 28 minutes ago
Corn prices are down 1 to 3 ¼ cents as the market kicks of Tuesday trade. Futures posted gains of 5 ¼ to 6 ¾ cents at the Monday close. New buying interest...
Barchart · 28 minutes ago
Live cattle futures settled with $1.25 to $2 losses across most contracts on Monday. Open interest saw modest new selling, up 1,266 contracts. Cash trade...
Barchart · 28 minutes ago
Cotton price action is up 40 to 71 points so far on Turnaround Tuesday. Futures closed the Monday session with contracts down 30 to 127 points across most...
Barchart · 28 minutes ago
Wheat is trading with losses so far on Tuesday morning. The wheat complex closed with contracts mixed across the three markets. Chicago SRW futures saw...
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Lean hog futures posted losses of 32 cents to $1.55 at the Monday close. Open interest suggested a rotation of ownership, up 267 contracts. USDA’s national...
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Mosaic Company has underperformed the broader market over the past year, and analysts remain cautious about the stock’s prospects.
