Crude Oil WTI Jan '27 (CLF27)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) today is down -3.18 (-4.42%), and August RBOB gasoline (RBQ26) is down -0.1009 (-3.48%).
Crude oil and gasoline prices are plunging today, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is boosting global oil supplies and hammering prices.
Crude oil prices are sinking as tanker traffic through the Strait of Hormuz has accelerated, adding millions of barrels to the global market. According to Bloomberg calculations, crude exports from the Persian Gulf have recovered to at least 75% of pre-war levels, with 13 million bbl leaving the region over the three days through Wednesday.
Crude prices are also being undercut as Saudi Arabian ships are heading to the key Ras Tanura terminal, a sign that the kingdom is set to restart exports from within the Persian Gulf for the first time since March.Â
Crude oil prices are also under pressure after Iraq warned on Thursday that it might quit the O... Read more
Barchart · 8 minutes ago
August WTI crude oil (CLQ26 ) today is down -3.18 (-4.42%), and August RBOB gasoline (RBQ26 ) is down -0.1009 (-3.48%). Crude oil and gasoline prices are...
Barchart · Thu Jun 25, 2:18PM CDT
August WTI crude oil (CLQ26 ) on Thursday closed up +1.58 (+2.25%), and August RBOB gasoline (RBQ26 ) closed up +0.1109 (+3.97%). Crude oil and gasoline...
Barchart · Thu Jun 25, 2:16PM CDT
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Barchart · Wed Jun 24, 2:16PM CDT
August WTI crude oil (CLQ26 ) on Wednesday closed down -2.87 (-3.92%), and August RBOB gasoline (RBQ26 ) closed down -0.0669 (-2.34%). Crude oil and gasoline...
Barchart · Wed Jun 24, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Wednesday closed up +0.074 (+2.35%). Nat-gas prices moved higher on Wednesday as US weather forecasts shifted to hotter,...
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Barchart · 9 minutes ago
August WTI crude oil (CLQ26 ) today is down -3.18 (-4.42%), and August RBOB gasoline (RBQ26 ) is down -0.1009 (-3.48%). Crude oil and gasoline prices are...
Barchart · 21 minutes ago
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