Crude Oil WTI Jan '23 (CLF23)
Crude Oil WTI Futures Market News and Commentary
July WTI crude oil (CLN26) on Wednesday closed up +0.74 (+0.97%), and July RBOB gasoline (RBN26) closed up +0.0291 (+1.01%).
Crude oil and gasoline prices settled higher on Wednesday, with crude recovering from a 3.5-month low. Crude oil prices rose on Wednesday on some technical buying after sharp losses over the past three sessions pushed prices into deeply oversold territory. Crude prices extended their gains on Wednesday after weekly EIA crude inventories fell more than expected to a 7.5-month low, and oil supplies at Cushing, the delivery point of WTI futures, dropped to an 11-year low.  Crude prices fell from their best level as the dollar strengthened.
President Trump said the Strait of Hormuz will reopen after this Friday’s signing of the peace deal in Switzerland, which will trigger the start of 60 days of talks on Iran’s nuclear program. However, if an agreement isn’t reached on nuclear, the US could restart military attacks.Â
The International Energy A... Read more
Barchart · Wed Jun 17, 2:14PM CDT
July WTI crude oil (CLN26 ) on Wednesday closed up +0.74 (+0.97%), and July RBOB gasoline (RBN26 ) closed up +0.0291 (+1.01%). Crude oil and gasoline prices...
Barchart · Wed Jun 17, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Wednesday closed down -0.094 (-2.90%). Nat-gas prices fell from a 1.5-week high on Wednesday and settled lower on concerns...
Barchart · Wed Jun 17, 10:46AM CDT
July WTI crude oil (CLN26 ) today is up +0.90 (+1.18%), and July RBOB gasoline (RBN26 ) is up +0.0098 (+0.34%). Crude oil and gasoline prices are moving...
Blue Line Futures · Wed Jun 17, 10:06AM CDT
Despite last weeks escalation, the US and Iran reportedly signed a "Memorandum of Understanding" to reopen the Strait yesterday. The memorandum, extends...
TradingView · Wed Jun 17, 9:08AM CDT
Markets are pricing in the end of the conflict in the Middle East, but the damage is already done.
Barchart · Wed Jun 17, 6:23AM CDT
Atmos Energy has underperformed the Nasdaq over the past year, and analysts are cautious about the stock’s prospects.
Barchart · Wed Jun 17, 10:05PM CDT
Lumentum Holdings has outperformed its sector peers recently, and analysts remain highly optimistic about the stock’s prospects.
Barchart · Wed Jun 17, 9:36PM CDT
Although Northern Trust has exceeded the Dow over the past 52 weeks, Wall Street analysts remain cautious about the stock's prospects.
Barchart · Wed Jun 17, 9:13PM CDT
Teledyne Technologies has considerably underperformed the Nasdaq recently, yet analysts remain moderately optimistic about the stock’s prospects.
Barchart · Wed Jun 17, 7:29PM CDT
Though VeriSign has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain moderately optimistic about the stock’s...
Barchart · Wed Jun 17, 6:30PM CDT
Citigroup's dividend yield has fallen steeply as its stock has soared over the last three years. Is the stock still a buy?
Barchart · Wed Jun 17, 4:16PM CDT
AST SpaceMobile stock rallied today on the successful launch of BlueBird 8,9, and 10 satellites. But does that warrant buying ASTS shares today?
Barchart · Wed Jun 17, 4:04PM CDT
A Citi analyst says Figma stock will recover sharply in the back half of 2026. He explained his constructive view on FIG shares in a research note today....
Barchart · Wed Jun 17, 3:58PM CDT
Western Digital has witnessed strong earnings growth in recent quarters, and its profit could continue to surge, driven by sustainable demand and higher...