Crude Oil WTI Feb '16 (CLG16)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) today is up +3.46 (+4.87%), and August RBOB gasoline (RBQ26) is up +0.1036 (+3.47%).
Crude oil and gasoline prices are up sharply today amid an escalation of US-Iran hostilities over control of the Strait of Hormuz. Gains in crude oil accelerated today after President Trump said the US was reimposing a blockade on Iranian ships transiting the Strait of Hormuz.
Crude prices jumped today after the US, over the weekend, launched fresh missile attacks against Iran, targeting Iranian air-defense systems, coastal radar sites, and missile and drone capabilities. Iran launched retaliatory missile and drone attacks at targets in Jordan, Bahrain, Kuwait, and Qatar. Iran also attacked two vessels attempting to transit the Strait of Hormuz.
Crude oil prices added to their gains today after President Trump said the US is reinstating the Iranian blockade and stopping Iranian ships from using the Strait of Hormuz. He added that otherwise the strait... Read more
Barchart · 1 hour ago
Fervo Energy's stock has a very high valuation and a significant logistical obstacle.
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) today is up +3.46 (+4.87%), and August RBOB gasoline (RBQ26 ) is up +0.1036 (+3.47%). Crude oil and gasoline prices are up...
Wavetraders · Mon Jul 13, 9:56AM CDT
Crude oil has broken below its multi-month triangle, confirming the start of a higher-degree wave C decline. While a short-term rebound is possible, rallies...
Barchart · Mon Jul 13, 8:52AM CDT
ONEOK will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · Mon Jul 13, 8:47AM CDT
Diamondback Energy will release its second-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.
Blue Line Futures · Mon Jul 13, 8:24AM CDT
While the ceasefire never really began, the restart of a hot conflict should drive risk-premia considerably higher than current levels. Also, with refining...
Barchart · 39 minutes ago
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Barchart · 58 minutes ago
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Barchart · 1 hour ago
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Barchart · 1 hour ago
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Barchart · 1 hour ago
Fervo Energy's stock has a very high valuation and a significant logistical obstacle.
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) today is up +3.46 (+4.87%), and August RBOB gasoline (RBQ26 ) is up +0.1036 (+3.47%). Crude oil and gasoline prices are up...
Barchart · 1 hour ago
Delta stock has already soared beyond 24% in 2026. Does the airline’s rally still have further to run?
Barchart · 1 hour ago
The firm cites strong demand as the reason for the rise in target price.