Crude Oil WTI Mar '27 (CLH27)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26) closed up +0.0468 (+1.59%).
Crude oil and gasoline prices settled higher on Friday, supported by a decline in the dollar ($DXY) to a 7-week low. Also, uncertainty regarding a proposed plan by Iran and Oman to reopen the Strait of Hormuz is boosting crude prices.
The oil market is monitoring progress toward a deal between Iran and Oman to partially restore shipping through the Strait of Hormuz. A joint statement from the two countries is under review, and the route would remain active for two to four months, though the agreement does not mean a full reopening, according to Iranian officials. Iran said that a normalization of the strait will depend on the US lifting its blockade on Iranian ports.
Gains in crude oil are limited after President Trump said negotiations between Iran and Oman over the Strait of Hormuz are "moving along." However, the Wall Street Journ... Read more
Barchart · Fri Aug 7, 5:00PM CDT
Here's what the Citadel boss said about the ugly side of making money, and the psychological lessons for everyday investors.
Barchart · Fri Aug 7, 2:13PM CDT
September WTI crude oil (CLU26 ) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26 ) closed up +0.0468 (+1.59%). Crude oil and gasoline...
Barchart · Fri Aug 7, 2:12PM CDT
September Nymex natural gas (NGU26 ) closed up +0.022 (+0.83%) on Friday. Nat-gas prices settled higher on Friday as stronger US nat-gas exports draw domestic...
Bull Strangle Newsletter · Fri Aug 7, 11:04AM CDT
Geopolitical headlines are creating sharp swings across energy markets. Rather than trying to predict the next move, I'm using a mix of long, short, and...
Barchart · Fri Aug 7, 10:57AM CDT
September WTI crude oil (CLU26 ) is up +0.76 (+0.98%) today, and September RBOB gasoline (RBU26 ) is up +0.0542 (+1.84%). Crude oil and gasoline prices...
Barchart · Fri Aug 7, 10:28AM CDT
Brent North Sea crude oil is the benchmark for Middle Eastern petroleum. Brent is most suited for refining into medium distillates, including heating oil,...
Barchart · 1 hour ago
Live cattle futures posted Friday gains of 35 to 50 cents in the front months, with August down a nickel this week. Cash trade has picked up this week...
Barchart · 1 hour ago
Lean hog futures saw steady to 50 cent gains on Friday, with August slipped $3.35 on the week. USDA’s national base hog price was reported at $97.67...
Barchart · 1 hour ago
Corn futures closed with contracts steady to fractionally higher at the close. The CmdtyView national average Cash Corn price was unchanged at $4.09 1/2....
Barchart · 1 hour ago
Soybeans were mostly 1 to 3 cents lower, with August down 11 ¾ cents on the week. The cmdtyView national average Cash Bean rice was up a penny at $11.33...
Barchart · 1 hour ago
The wheat complex is trading with contract rallying on Friday across the three markets. Chicago SRW contracts were up 7 to 9 cents, as September was down...
Barchart · 1 hour ago
Cotton futures saw gains of 120 to 130 points on Friday with December up 261 points on the week. Crude oil was up 21 cents per barrel, with the US dollar...
Barchart · Fri Aug 7, 6:00PM CDT
Intel suspended its dividend in 2024 after a brutal stretch. Now the stock is up 389% over the past year, a real turnaround, and investors are asking whether...
Barchart · Fri Aug 7, 5:00PM CDT
Here's what the Citadel boss said about the ugly side of making money, and the psychological lessons for everyday investors.