Crude Oil WTI Mar '22 (CLH22)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) closed up +3.95 (+5.05%) on Monday, and September RBOB gasoline (RBU26) closed up +0.1501 (+5.03%).
Crude oil and gasoline prices rallied sharply on Monday, with gasoline soaring to a 1-week high. The lack of an agreement between Iran and Oman to reopen the Strait of Hormuz is limiting crude supplies from the Middle East and is boosting oil prices. Also, an attack on a Saudi oil refinery by Houthi militants is further straining global fuel supplies and is pushing energy prices higher.
Crude prices raced to their highs Monday afternoon when President Trump spoke out against Iran’s demand for compensation from the war, dimming hopes of a quick deal to reopen the Strait of Hormuz. In response to Iran’s demand for compensation, President Trump said he will “demand compensation from Iran for people killed and wounded with roadside bombs and many conflicts to people in Lebanon, Syria, Yemen and Gaza over the last 50 years.”
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Barchart · Mon Aug 10, 2:16PM CDT
September WTI crude oil (CLU26 ) closed up +3.95 (+5.05%) on Monday, and September RBOB gasoline (RBU26 ) closed up +0.1501 (+5.03%). Crude oil and gasoline...
Barchart · Mon Aug 10, 2:15PM CDT
September Nymex natural gas (NGU26 ) closed up +0.132 (+4.96%) on Monday. Nat-gas prices settled sharply higher on Monday on the outlook for much hotter...
Barchart · Mon Aug 10, 10:35AM CDT
September WTI crude oil (CLU26 ) is up +2.76 (+3.53%) on Friday, and September RBOB gasoline (RBU26 ) is up +0.1203 (+4.03%). Crude oil and gasoline prices...
Barchart · Mon Aug 10, 10:28AM CDT
Constellation Energy is locking in long-term nuclear power contracts as AI drives electricity demand higher, giving the company unusual revenue visibility...
Barchart · Mon Aug 10, 9:38AM CDT
Evergy has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Barchart · Mon Aug 10, 8:15AM CDT
Thanks to robust underlying fundamentals, Vistra’s relevance could spark a trend reversal in VST stock.
Barchart · 9 minutes ago
Wendy’s posted Q2 results, slashing its dividend and scaling back annual guidance while activist investor Nelson Peltz keeps up the pressure.
Barchart · 43 minutes ago
The wheat complex posted mixed trade on Monday, with winter wheats holding firm and spring wheat slipping lower. Chicago SRW contracts saw fractional to...
Barchart · 43 minutes ago
Lean hog futures posted strength on Monday, with contracts 20 cents to $1.55 higher. USDA’s national base hog price was reported at $96.68 on Monday...
Barchart · 43 minutes ago
Soybeans futures posted modest strength on Monday, with contracts up 1 ¼ to 5 ¾ cents across the board. The cmdtyView national average Cash Bean price...
Barchart · 43 minutes ago
Cotton futures slipped lower into the Monday close, as contracts were down 46 to 55 points on the day. Crude oil is up $4.12 per barrel, with the US dollar...
Barchart · 43 minutes ago
Corn futures closed out the Monday session with contracts down ¾ to a penny higher across the board. The CmdtyView national average Cash Corn price was...
Barchart · 43 minutes ago
Live cattle futures were higher on Monday, with contracts up 82 cents to $1.80 across most months. There were no deliveries issued on first notice day...
Barchart · 1 hour ago
US soybean export inspections are down year over year, even as prices rose Monday following reports of a sale to China on Friday.