Crude Oil Brent Dec '24 (CBZ24)
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%).
WTI crude oil prices (CLU26) are up more than +6% today after the Iran-backed Houthis launched a missile and drone attack on two Saudi Arabian oil tankers in the Red Sea, expanding the oil disruptions beyond the Strait of Hormuz and threatening oil shipments in the Red Sea. Sep Brent crude oil prices (CBU26) are trading above $100 per barrel.
The Houthis have vowed to blockade shipping linked to Saudi Arabia and warned shipowners against calling at the nation's ports. The move threatens Saudi oil exports from Yanbu, a Red Sea hub that the Saudi's are using to ship crude since the war brought shipping through the Strait of Hormuz to a near halt. President Trump said Tuesday that if there is a blockade in the Red Sea, the US “will take care of it.” Meanwhile, the US and Iran exchanged attacks for the 12th straight day, and the US mainta... Read more
Barchart · 13 minutes ago
September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). WTI crude oil...
Barchart · 1 hour ago
Oklo energy joins President Donald Trump's administration to boost nuclear energy development.
Blue Line Futures · Thu Jul 23, 8:14AM CDT
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 · Thu Jul 23, 8:00AM CDT
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 · 22 seconds ago
Rocket Lab's expanding defense business is adding fresh momentum to its long-term investment story despite recent stock turbulence.
Barchart · 7 minutes ago
Crocs (CROX) demonstrates strong technical momentum, with a recent 25% gain since a new “Buy” signal was issued. Shares are up more than 20% over the...
Barchart · 13 minutes ago
Tapestry is scheduled to report its fourth-quarter results soon, and analysts expect a double-digit earnings rise.
Barchart · 14 minutes ago
September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). WTI crude oil...
Barchart · 17 minutes ago
Super Micro's stock surged after the AI server maker nearly doubled its margin outlook and revealed a record $60 billion order backlog.
Barchart · 22 minutes ago
Nvidia keeping RTX 50 Super on hold may be a hidden win for Micron, as soaring memory prices help the chipmaker maintain margins.
Barchart · 30 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -1.34%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.07%, and the Nasdaq 100 Index ($IUXX...
Barchart · 34 minutes ago
Amazon announces layoffs affecting employees in its Artificial General Intelligence division. Wall Street remains bullish on AMZN shares heading into the...