Crude Oil WTI Feb '24 (CLG24)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) closed up +2.00 (+2.33%) on Thursday, and September RBOB gasoline (RBU26) closed up +0.0078 (+0.24%).
Crude oil and gasoline prices settled higher on Thursday, with crude oil climbing to a 1-month high. Crude prices rose after President Trump threatened to crush Iran’s economy, dampening any hopes of a resolution to the US-Iran war and the reopening of the Strait of Hormuz.
Crude prices rallied on Thursday after President Trump threatened Iran and its trading partners with economic isolation. Mr. Trump said any country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face tremendous consequences. However, Mr. Trump didn't specify what measures he would take or which countries he would target.
Treasury Secretary Bessent said on Thursday that the administration will announce its plan to isolate Iran and its trading partners on Monday. The econom... Read more
Barchart · 15 minutes ago
Pinnacle West Capital has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.
Barchart · Thu Aug 20, 2:15PM CDT
September WTI crude oil (CLU26) closed up +2.00 (+2.33%) on Thursday, and September RBOB gasoline (RBU26) closed up +0.0078 (+0.24%). Crude oil and gasoline...
Barchart · Thu Aug 20, 2:13PM CDT
September Nymex natural gas (NGU26 ) on Thursday closed down -0.081 (-2.88%). Nat-gas prices fell sharply on Thursday amid forecasts for cooler US temperatures,...
MoneyShow · Thu Aug 20, 11:17AM CDT
Canadian stocks are outperforming US equities — but can that momentum continue? Ryan Irvine of Keystone Financial and Philip MacKellar of Contra the...
Barchart · Thu Aug 20, 10:33AM CDT
September WTI crude oil (CLU26) is up +2.03 (+2.37%) today, and September RBOB gasoline (RBU26) is up +0.0008 (+0.02%). Crude oil and gasoline prices are...
Blue Line Futures · Thu Aug 20, 8:30AM CDT
December crude posted a bearish outside day yesterday after the Treasury surprised markets with an accelerated debt buyback plan, shifting borrowing toward...
Barchart · 2 minutes ago
Intuitive Surgical has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.
Barchart · 7 minutes ago
Despite Cummins’ impressive run ahead of the broader market over the past year, Wall Street remains cautiously bullish on the stock’s future prospects....
Barchart · 16 minutes ago
After significantly outperforming the broader market over the past year, Nucor has also earned a vote of confidence from Wall Street.
Barchart · 16 minutes ago
Pinnacle West Capital has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.
Barchart · 23 minutes ago
Despite already outperforming the broader market over the past year, IQVIA continues to enjoy strong backing from Wall Street, with analysts remaining...
Barchart · 30 minutes ago
Despite trailing the broader market over the past year, HCA Healthcare continues to command a moderately optimistic outlook from Wall Street analysts,...
Barchart · 34 minutes ago
Situational Awareness’s multibillion-dollar bet on Sandisk highlights its conviction in the AI-driven memory boom, while the fund’s subsequent implosion...
Barchart · 49 minutes ago
Garmin has outperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.