Crude Oil WTI Jan '17 (CLF17)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Wednesday closed up +6.95 (+6.95%), and June RBOB gasoline (RBM26) closed up +0.1650 (+4.81%). Crude oil and gasoline prices extended this week's sharp rally on Wednesday, with crude oil posting a 3-week high and gasoline posting a 3.75-year high. Crude prices continue to climb as stalled peace talks between the US and Iran are keeping the Strait of Hormuz closed, tightening global oil supplies. Crude prices added to their gains today on a bullish weekly EIA inventory report and after President Trump rejected the most recent peace proposal from Iran.
Crude prices soared on Wednesday after the US signaled it will maintain its naval blockade of Iran for the foreseeable future. The Wall Street Journal reported that President Trump told his aides to prepare for an extended blockade and that it carries less of a risk for the US than resuming hostilities or walking away from the conflict without securing a deal that curbs Iran's nuclear activities.... Read more
Barchart · Wed Apr 29, 2:21PM CDT
Bloom Energy stock rallies on blockbuster Q1 earnings and raised future guidance. Roth MKM analysts increased their price target on BE shares after the...
Barchart · Wed Apr 29, 2:20PM CDT
June WTI crude oil (CLM26 ) on Wednesday closed up +6.95 (+6.95%), and June RBOB gasoline (RBM26 ) closed up +0.1650 (+4.81%). Crude oil and gasoline...
Barchart · Wed Apr 29, 2:19PM CDT
June Nymex natural gas (NGM26 ) on Wednesday closed down -0.044 (-1.64%). Nat-gas prices settled lower on Wednesday on concerns that US domestic nat-gas...
Barchart · Wed Apr 29, 10:31AM CDT
June WTI crude oil (CLM26 ) today is up +5.18 (+5.18%), and June RBOB gasoline (RBM26 ) is up +0.1502 (+4.38%). Crude oil and gasoline prices extended...
Barchart · Wed Apr 29, 10:27AM CDT
Our senior market strategist explains how to read markets from the top down with intermarket analysis, and what the key takeaways are ahead of today's...
Barchart · Wed Apr 29, 10:00AM CDT
Archrock (AROC) is a leading U.S. natural gas compression services provider. Shares are trading at new all-time highs. AROC stock is up 58% over the past...
Barchart · 23 minutes ago
Market volatility has dropped since the recent correction, but with plenty of items on the news front, we could see a volatility spike at any point.
Barchart · 47 minutes ago
June S&P 500 E-Mini futures (ESM26) are up +0.15%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.22% this morning as investors digest earnings reports...
Barchart · 1 hour ago
Walt Disney has lagged behind the broader market over the past year, yet analysts remain highly optimistic about the stock’s prospects.
Barchart · Thu Apr 30, 4:08AM CDT
Boston Scientific has lagged behind the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.
Barchart · Wed Apr 29, 10:41PM CDT
As QUALCOMM has considerably underperformed the broader market over the past year, Wall Street analysts maintain a cautious outlook about the stock’s...
Barchart · Wed Apr 29, 9:51PM CDT
General Motors has considerably outperformed the S&P 500 over the past year, and Wall Street analysts maintain a moderately optimistic outlook about the...
Barchart · Wed Apr 29, 6:30PM CDT
Coca-Cola made “boring” blue chips look interesting again, with solid top-line growth, a rising stock, and steady strength quietly turning into market...
Barchart · Wed Apr 29, 6:30PM CDT
Ives and his team have a price target of $225 for Oracle.
