Crude Oil WTI Apr '13 (CLJ13)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) today is up +0.44 (+0.47%), and June RBOB gasoline (RBM26) is up +0.0093 (+0.29%). Â Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 3.75-year high. Â Energy prices remain underpinned as the Strait of Hormuz remains essentially closed, threatening to deepen the global energy crisis. Â Limiting gains in crude is today's rally in the dollar index, which is at a 1.5-week high.
US peace talks with Iran remain in limbo. Â The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire. Â The US said it was waiting for a response from Iran before peace talks could restart, and Iran said it will not resume negotiations while a US naval blockade on its ports is in place. Â
Persian Gulf oil producers have been forced to cut production by roughly 6% due to the closure of the Strait of Hormuz as local storage facilities reach capa... Read more
Barchart · 7 minutes ago
U.S. Secretary of Energy Chris Wright believes gas prices may have peaked but will likely still stay above pre-war levels for a while.
Barchart · 1 hour ago
June WTI crude oil (CLM26 ) today is up +0.44 (+0.47%), and June RBOB gasoline (RBM26 ) is up +0.0093 (+0.29%). Crude oil and gasoline prices are moving...
Barchart · 1 hour ago
Don't expect a peace deal to sink the barrel. The global realization of energy vulnerability has triggered a massive shift toward hoarding, ensuring that...
Barchart · Wed Apr 22, 2:19PM CDT
June WTI crude oil (CLM26 ) on Wednesday closed up +3.29 (+3.67%), and June RBOB gasoline (RBM26 ) closed up +0.1201 (+3.84%). Crude oil and gasoline...
Barchart · Wed Apr 22, 2:17PM CDT
May Nymex natural gas (NGK26 ) on Wednesday closed up +0.025 (+0.93%). Nat-gas prices climbed to a 2-week high on Wednesday and settled higher. The outlook...
Barchart · Wed Apr 22, 10:43AM CDT
The Trump administration's decision to preserve federal hydrogen hub funding removes a major regulatory overhang and validates Bloom Energy's long-term...
Barchart · 3 minutes ago
Quantinuum’s planned IPO could be a potential upside kicker rather than a make‑or‑break bet.
Barchart · 5 minutes ago
Live cattle futures are up 55 cents to $1.05 in the front months on Thursday. Cash trade this week has been centered around $246 across the country. The...
Barchart · 5 minutes ago
Cotton futures are trading with 45 to 75 point gains on Thursday. The US dollar index was 0.108 higher at $98.520. Crude oil is up another $2.34 to $95.19....
Barchart · 5 minutes ago
Lean hog futures are up 15 to 60 cents in the front months on Thursday. USDA’s national base hog price was not reported on Thursday morning. The CME...
Barchart · 5 minutes ago
Soybeans are showing 1 to 5 cent losses on Thursday, led by the front months at midday. The cmdtyView national average Cash Bean price is down 5 1/4 cents...
Barchart · 5 minutes ago
The wheat complex is rallying on Thursday across the three markets. Chicago SRW futures were up 5 to 8 cents in the front months. KC HRW futures are in...
Barchart · 5 minutes ago
Corn futures are trading with fractionally lower action at Thursday’s midday. The CmdtyView national average Cash Corn price is down 1/2 cent at $4.18...
Barchart · 9 minutes ago
U.S. Secretary of Energy Chris Wright believes gas prices may have peaked but will likely still stay above pre-war levels for a while.
