Crude Oil WTI Feb '20 (CLG20)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26) closed up +0.0731 (+2.07%). Â Crude oil and gasoline prices settled sharply higher on Monday after President Trump rejected Iran's response to his latest peace proposal, which prolongs the closure of the Strait of Hormuz and curbs global oil supplies.
Crude prices jumped on Monday after President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Â Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities. Â Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Â President Trump said Iran's latest peace proposals are "totally unacceptable."
Crude prices are also climbing after President Trump on Monday said the US may restart the operation as soon as... Read more
Barchart · 1 hour ago
For those who live and breathe only because the government is benevolent enough to bestow imaginary numbers on them, Tuesday is their day.
Barchart · Mon May 11, 2:19PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26 ) closed up +0.0731 (+2.07%). Crude oil and gasoline prices...
Barchart · Mon May 11, 2:18PM CDT
June Nymex natural gas (NGM26 ) on Monday closed up +0.153 (+5.55%). Nat-gas prices rallied sharply on Monday and posted a 6-week nearest-futures high....
Barchart · Mon May 11, 10:35AM CDT
June WTI crude oil (CLM26 ) today is up +1.98 (+2.08%), and June RBOB gasoline (RBM26 ) is up +0.0792 (+2.25%). Crude oil and gasoline prices are sharply...
Klarenbach Research · Mon May 11, 9:56AM CDT
Introducing The Spread Trader, a new series for The Klarenbach Grain Report. Brent Futz breaks down grain calendar spreads and commodity futures strategies....
Barchart · Mon May 11, 7:00AM CDT
American Electric Power has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects....
Barchart · 2 minutes ago
Innodata's Q1 results provided another boost to its shares with the stock up more than 60% YTD.
Barchart · 9 minutes ago
Albemarle Corporation has rallied the broader market over the past year, and analysts remain somewhat bullish about the stock’s prospects.
Barchart · 14 minutes ago
As Arista Networks has exceeded the SPX over the past year, Wall Street analysts remain bullish about the stock’s prospects.
Barchart · 29 minutes ago
Lean hog futures posted gains of 27 cents to $1.60 across the board on Monday. Open interest was up 708 contracts, suggesting a rotation of ownership,...
Barchart · 29 minutes ago
Wheat is extending the bounce from Monday, with early Tuesday double digit gains. The wheat complex closed Monday with gains across all three markets....
Barchart · 29 minutes ago
Soybeans are trading with 2 to 5 cent gains on Tuesday morning. Futures saw gains of 2 ¼ to 5 ½ cents across the board on Monday. Net new buying was...
Barchart · 29 minutes ago
Cotton prices are down 95 to 110 points so far on Tuesday morning. Futures rallied 152 to 304 points across most contracts on Monday, with some deferreds...
Barchart · 29 minutes ago
Live cattle futures closed Monday with contracts up 50 cents in front month June, but other contracts 55 cents lower to down $1.92. Open interest was down...
