Crude Oil WTI Mar '21 (CLH21)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) today is up +3.18 (+3.12%), and June RBOB gasoline (RBM26) is up +0.1323 (+3.68%). Â Crude oil and gasoline prices recovered from overnight losses and moved sharply higher on signs of heightened tensions in the Strait of Hormuz. Â Crude prices spiked higher after Iran's FARS news agency claimed that two missiles had hit a US warship after it had ignored warnings. Â However, oil prices fell from their highs after the US denied that any American ship had been hit.
Crude prices initially moved lower in overnight trading after President Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz. Â US Central Command said it would provide military support, including guided-missile destroyers, aircraft, and drones, to ships transiting the strait. Â
However, crude prices raced higher again today after the United Arab Emirates (UAE) said an Iranian drone attack caused a fire at the Fujairah oil indu... Read more
Barchart · 8 minutes ago
June WTI crude oil (CLM26 ) today is up +3.18 (+3.12%), and June RBOB gasoline (RBM26 ) is up +0.1323 (+3.68%). Crude oil and gasoline prices recovered...
Blue Line Futures · Mon May 4, 6:38AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 651)
Bull Strangle Newsletter · Sat May 2, 9:08AM CDT
Markets don’t always follow their seasonal patterns—especially during geopolitical events. This analysis of RBOB gasoline shows how conflicts can temporarily...
Barchart · Fri May 1, 2:18PM CDT
June WTI crude oil (CLM26 ) on Friday closed down -3.13 (-2.98%), and June RBOB gasoline (RBM26 ) closed down -0.0198 (-0.55%). Crude oil and gasoline...
Barchart · Fri May 1, 2:16PM CDT
June Nymex natural gas (NGM26 ) on Friday closed up +0.013 (+0.47%). Nat-gas prices on Friday climbed to a 3-week nearest-futures high and settled higher....
Barchart · 5 minutes ago
While Kimco Realty has lagged behind the SPX over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
Barchart · 6 minutes ago
PayPal is focusing on streamlining its operations to accelerate growth. Moreover, the notable decline in the stock price has eased valuation concerns ahead...
Barchart · 7 minutes ago
June WTI crude oil (CLM26 ) today is up +3.18 (+3.12%), and June RBOB gasoline (RBM26 ) is up +0.1323 (+3.68%). Crude oil and gasoline prices recovered...
Barchart · 9 minutes ago
Caterpillar (CAT) is the global leader in construction and mining equipment, recently reaching an all-time high of $905. CAT exhibits strong technical...
Barchart · 20 minutes ago
Ahead of Tuesday's release, AMD is set to deliver strong first-quarter performance, driven by AI-related demand for its Instinct GPUs, along with increasing...
Barchart · 31 minutes ago
Although the shifting AI landscape has spooked Microsoft investors recently, the smart money appears willing to entertain the idea of an MSFT stock comeback....
Barchart · 32 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.75%, and the Nasdaq 100 Index ($IUXX...
Barchart · 35 minutes ago
If gasoline prices tick closer to $5.00, consumer confidence will be dented and that could translate into reduced demand for higher-priced beef cuts at...
