Crude Oil WTI Apr '16 (CLJ16)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Thursday closed up +0.15 (+0.15%), and June RBOB gasoline (RBM26) closed down -0.0130 (-0.36%). Â Crude oil and gasoline prices settled mixed on Thursday. Â Crude prices pushed higher on Thursday as peace talks between the US and Iran remain in limbo, keeping global oil supplies tight amid the Strait of Hormuz closure. Â Gains in crude were limited, and gasoline fell on Thursday after the dollar index ($DXY) rallied to a 2-week high. Â Also, signs that OPEC+ may boost its crude production are negative for oil prices.
On Thursday, OPEC+ delegates said that the cartel aims to continue a series of oil quota increases over the next few months, completing the return of halted oil production by the end of September. Â The group already formally agreed to restore about two-thirds of the 1.65 million bpd supply cutback it made back in 2023 and said it plans to raise output targets further and to revive the final portion in three more monthly stages. Â However,... Read more
Barchart · 43 minutes ago
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
Barchart · 1 hour ago
Phillips 66 has outperformed the broader market over the past year, and analysts are cautiously optimistic about the stock’s prospects.
Barchart · Thu May 14, 2:19PM CDT
June WTI crude oil (CLM26 ) on Thursday closed up +0.15 (+0.15%), and June RBOB gasoline (RBM26 ) closed down -0.0130 (-0.36%). Crude oil and gasoline...
Barchart · Thu May 14, 2:17PM CDT
June Nymex natural gas (NGM26 ) on Thursday closed up +0.030 (+1.05%). Nat-gas prices recovered from early losses on Thursday and settled higher on a smaller-than-expected...
Barchart · Thu May 14, 10:35AM CDT
June WTI crude oil (CLM26 ) today is down -0.19 (-0.19%), and June RBOB gasoline (RBM26 ) is down -0.0534 (-1.48%). Crude oil and gasoline prices are...
Barchart · Thu May 14, 6:29AM CDT
FirstEnergy has underperformed the broader market over the past year, but analysts cautiously optimistic about the stock’s prospects.
Barchart · 14 minutes ago
Wheat is trading with losses across the three exchanges early on Friday. The wheat complex was under pressure with the rest of the grains on Thursday,...
Barchart · 14 minutes ago
Soybeans are showing 11 to 13 cents lower trade so far on Friday after collapsing on Thursday. Futures posted 20 to 40 ¾ cent losses across most contracts...
Barchart · 14 minutes ago
Live cattle futures retreated from early gains on Thursday with contracts down 32 to 72 cents at the close. Open interest suggested a rotation of ownership,...
Barchart · 14 minutes ago
Lean hog futures saw losses of 45 cents to $1.35 in the front months on Thursday. USDA’s national base hog price was reported at $93.32 on Thursday afternoon,...
Barchart · 14 minutes ago
Corn price action is down 4 to 5 cents so far on Friday morning. Futures were down 9 to 15 cents in the front months on Thursday, falling with the rest...
Barchart · 14 minutes ago
Cotton prices are down 205 to 275 points early on Friday. Futures saw weakness on Thursday with contracts down 175 to 287 points in the front months. The...
Barchart · 42 minutes ago
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
Barchart · 51 minutes ago
Despite Targa Resources significantly outperforming the broader market over the past year, Wall Street analysts continue to maintain a strongly bullish...
