Crude Oil WTI Feb '18 (CLG18)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%).
Crude oil saw support Friday after reports that Iran on Thursday night attacked two Abu Dhabi oil vessels transiting the Strait of Hormuz. Those attacks suggested that Iran intends to continue threatening vessel traffic in the Strait of Hormuz to impose long-term control over the Strait, gaining a strong geopolitical lever and possibly collecting lucrative tolls down the road.
However, oil prices on Friday were still down from Tuesday's 2-week high as the Trump administration pivots to economic pressure rather than fresh US military attacks to try to force Iran to fully reopen the Strait of Hormuz. Treasury Secretary Bessent said Friday that the administration will soon announce unprecedented economic measures against Iran that "have never been seen in the history of economic isolation of a country." The economic measures would add to the... Read more
Barchart · Fri Aug 14, 2:26PM CDT
September Nymex natural gas (NGU26 ) on Friday closed up +0.006 (+0.22%). Nat-gas prices closed higher on Friday as forecasts indicated warm US weather...
Barchart · Fri Aug 14, 2:14PM CDT
September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%). Crude oil saw support...
Barchart · Fri Aug 14, 11:55AM CDT
One of the Fed’s policy hawks explains why traders shouldn’t get too excited about this week’s favorable economic data.
Barchart · Fri Aug 14, 11:03AM CDT
September WTI crude oil (CLU26) is up +0.63 (+0.78%), and September RBOB gasoline (RBU26) is up +0.0316 (+1.01%). Crude oil saw some support overnight...
Barchart · Fri Aug 14, 10:29AM CDT
In August 2026, the U.S. natural gas futures market will begin to shift its attention from the 2026 cooling season to the 2026/2027 peak heating season,...
Blue Line Futures · Fri Aug 14, 9:12AM CDT
Crude is trending higher on a run of bullish headlines. Two Abu Dhabi National Oil Co. vessels, among the few still successfully moving oil through the...
Barchart · 20 minutes ago
Intuit is one of three cheap, dividend-paying tech stocks flying under the radar, with Wall Street price targets suggesting up to 151% upside for the software...
Barchart · 1 hour ago
Lean hog futures slipped lower on Friday, with contracts down 7 to 62 cents, as October was down just 47 cents on the week. USDA’s national base hog...
Barchart · 1 hour ago
Corn futures rounded out the week in rally mode, as contracts were up 5 to 11 ¼ cents across the board on Friday September rallied 20 cents on the week...
Barchart · 1 hour ago
The wheat complex led the grain rally on Friday, following more Black Sea news. Chicago SRW contracts were up 11 3/4 to 22 cents on Friday, with a weekly...
Barchart · 1 hour ago
Soybeans posted gains of 5 ½ to 11 ¾ cents across most contracts on Friday, with September up 18 ¾ cents on the week. November was up 16 ¼ cents. The...
Barchart · 1 hour ago
Cotton futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude...
Barchart · 1 hour ago
Live cattle futures faced Friday pressure, but bounced off the lows to close with contracts 85 cents to $2.60 lower. August was $8.07 lower on the week....
Barchart · Fri Aug 14, 3:25PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Friday fell by -0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell by -0.20%, and the Nasdaq 100 Index ($IUXX...