Crude Oil WTI Jan '28 (CLF28)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Thursday closed down -0.65 (-0.82%), and August RBOB gasoline (RBQ26) closed down -0.0162 (-0.49%).
Crude oil and gasoline prices gave up early gains on Thursday and settled lower, as a stronger dollar sparked profit-taking and long liquidation. Crude prices are supported by heightened US-Iran tensions, which have reduced crude oil flows through the Middle East, tightening global oil supplies.
Crude prices have support after the US launched fresh airstrikes against Iran on Thursday and struck a sanctioned Iranian oil tanker in the Persian Gulf. Iran responded by firing upon American bases in Kuwait and Jordan, with the Jordanian government saying it intercepted eight missiles. President Trump pledged to intensify the bombardment until Iran stops attacking ships in the Strait of Hormuz and agrees to open the waterway. The Wall Street Journal reported Thursday that President Trump is leaning toward expanding military operations and discus... Read more
Barchart · 6 minutes ago
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August WTI crude oil (CLQ26 ) on Thursday closed down -0.65 (-0.82%), and August RBOB gasoline (RBQ26 ) closed down -0.0162 (-0.49%). Crude oil and gasoline...
Barchart · Thu Jul 16, 2:14PM CDT
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Barchart · Thu Jul 16, 10:35AM CDT
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Barchart · 3 minutes ago
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