Crude Oil WTI Jan '18 (CLF18)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) closed up +0.44 (+0.52%) on Tuesday, and September RBOB gasoline (RBU26) closed up +0.0316 (+0.97%).
Crude oil and gasoline prices extended Monday’s sharp rally on Tuesday and posted 3-week highs as the US and Iran remain deadlocked over control of the Strait of Hormuz, limiting crude supplies from the Middle East.
Crude prices rose Tuesday after a vessel was struck by an unknown projectile heading out of the Strait of Hormuz. Also, Iran’s Fars news agency reported that a tanker belonging to a UAE company was detained by Iran in the strait, saying ships must pay to transit through Hormuz.
On Monday, President Trump said he's not interested in extending the expiring agreement with Iran, dimming prospects for a swift reopening of the Strait of Hormuz. Also, US Energy Secretary Chris Wright said that the US is playing the long game with Iran, implying the US has no plans for de-escalation of the conflict, potentially limiting crud... Read more
Barchart · 46 minutes ago
Another Watson Wednesday for the Commodity Complex with world War drums growing louder in the distance.
Barchart · Tue Aug 18, 2:30PM CDT
September WTI crude oil (CLU26) closed up +0.44 (+0.52%) on Tuesday, and September RBOB gasoline (RBU26) closed up +0.0316 (+0.97%). Crude oil and gasoline...
Barchart · Tue Aug 18, 2:29PM CDT
September Nymex natural gas (NGU26 ) on Tuesday closed up +0.086 (+3.20%). Nat-gas prices settled sharply higher on Tuesday amid forecasts of above-average...
Barchart · Tue Aug 18, 11:35AM CDT
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Barchart · Tue Aug 18, 10:29AM CDT
September WTI crude oil (CLU26) is up +0.80 (+0.95%) today, and September RBOB gasoline (RBU26) is up +0.0232 (+0.71%). Crude oil and gasoline prices extended...
Blue Line Futures · Tue Aug 18, 8:08AM CDT
December crude oil futures rallied $2.34 to settle at 80.83 as the ceasefire with Iran kept coming apart. Hostilities restarted in Lebanon over the weekend...
Barchart · 41 minutes ago
Autodesk has underperformed the market, but analysts remain bullish, expecting strong earnings growth and significant upside.
Barchart · 45 minutes ago
Another Watson Wednesday for the Commodity Complex with world War drums growing louder in the distance.
Barchart · 47 minutes ago
TE Connectivity has underperformed the broader market, while analysts remain moderately optimistic, supported by strong earnings growth, guidance, and...
Barchart · 53 minutes ago
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