Crude Oil WTI Mar '22 (CLH22)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Monday closed up +3.24 (+3.07%), and June RBOB gasoline (RBM26) closed up +0.0588 (+1.59%). Â Crude oil and gasoline prices rallied sharply on Monday, with crude posting a 3-week high and gasoline posting a nearly 4-year nearest-futures high. Â Crude prices soared on Monday amid doubts about the progress of peace negotiations to end the US-Iran war that is keeping the Strait of Hormuz closed and tightening global oil supplies. Â However, crude prices dropped more than -$2 a barrel in post-market trading Monday afternoon when President Trump said he canceled a scheduled attack on Iran on Tuesday after Qatar asked him to hold off.
Harsh rhetoric from President Trump boosted crude oil prices when he said the "clock is ticking" on Iran, and it "better get moving FAST on a peace deal, or there won't be anything left of them." Â Also, crude prices rose after Iran said that, despite draft changes, US demands for ending the war were "excessive and unrealisti... Read more
Barchart · Mon May 18, 2:32PM CDT
Dominion Energy stock soars as NextEra announces plans of buying the power company for $67 billion. But it may not be too late to invest in D shares yet....
Barchart · Mon May 18, 2:27PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +3.24 (+3.07%), and June RBOB gasoline (RBM26 ) closed up +0.0588 (+1.59%). Crude oil and gasoline prices...
Barchart · Mon May 18, 2:25PM CDT
June Nymex natural gas (NGM26 ) on Monday closed up +0.064 (+2.16%). Nat-gas prices climbed to a 1.75-month nearest-future high on Monday and settled sharply...
Peter Mooses · Mon May 18, 1:56PM CDT
The crude oil futures market has entered one of its most complex periods in years. Traders are navigating a collision of geopolitical instability, uncertain...
Heartland Investor Services Inc. · Mon May 18, 10:59AM CDT
What’s next for crude oil?Crude remains stuck in a tight trading range with major breakout levels at 106 and 95.50. Until one breaks, expect more choppy...
Barchart · Mon May 18, 10:41AM CDT
June WTI crude oil (CLM26 ) today is up +1.44 (+1.38%), and June RBOB gasoline (RBM26 ) is up +0.0441 (+1.19%). Crude oil and gasoline prices rallied...
Barchart · Tue May 19, 12:01AM CDT
While Solventum has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook...
Barchart · Mon May 18, 11:27PM CDT
Coherent has notably outperformed the broader market over the past 52 weeks, and Wall Street analysts maintain a highly optimistic outlook about the stock’s...
Barchart · Mon May 18, 10:46PM CDT
As American Water Works has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a cautious outlook about...
Barchart · Mon May 18, 10:17PM CDT
Marriott International’s shares have surged past the broader benchmark and sector peers, and analysts are cautiously bullish on the stock’s growth...
Barchart · Mon May 18, 6:30PM CDT
Shell recently announced a $3 billion stock buyback program.
Barchart · Mon May 18, 5:25PM CDT
Cotton futures closed the Monday session with contracts 110 to 309 points higher on the day. The US dollar index was $0.298 lower at $98.91. Crude oil...
Barchart · Mon May 18, 5:25PM CDT
Lean hog futures were down 22 to 95 cents across the board on Monday. USDA’s national base hog price was reported at $94.88 on Monday afternoon, up $3.36...
Barchart · Mon May 18, 5:25PM CDT
The wheat market was sharply higher across all three exchanges on Monday, following a White House fact sheet release over the weekend. Chicago SRW futures...
