Crude Oil WTI Apr '22 (CLJ22)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Tuesday closed up +4.11 (+4.19%), and June RBOB gasoline (RBM26) closed up +0.0979 (+2.72%). Crude oil and gasoline prices settled sharply higher for a second day on Tuesday after President Trump cast doubt over the ceasefire with Iran, which could lead to the escalation of hostilities that keep the Strait of Hormuz closed.
Crude prices raced to their highs Tuesday afternoon when President Trump said, "Iran will make a deal or be decimated." Crude prices continue to climb after President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. President Trump called Iran's response to his peace proposal a "piece of garbage" and said that the current ceasefire was on "life support."
Crude prices are also supported after President Trump said on Monday that the US may restart the operation as soon as this week to guide commercial ships through the Strait of Hormuz with naval and air support. Saudi Arabia and... Read more
Blue Line Futures · 1 hour ago
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 658)
Barchart · Tue May 12, 2:38PM CDT
Tuesday's session brought to mind an old saying, “Even the sun shines on a cockroach some days”.
Barchart · Tue May 12, 2:19PM CDT
June WTI crude oil (CLM26 ) on Tuesday closed up +4.11 (+4.19%), and June RBOB gasoline (RBM26 ) closed up +0.0979 (+2.72%). Crude oil and gasoline prices...
Barchart · Tue May 12, 2:17PM CDT
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.067 (-2.30%). Nat-gas prices fell from a 6-week nearest-futures high on Tuesday and settled lower...
Barchart · Tue May 12, 10:34AM CDT
June WTI crude oil (CLM26 ) today is up +3.95 (+4.03%), and June RBOB gasoline (RBM26 ) is up +0.1110 (+3.08%). Crude oil and gasoline prices are moving...
Barchart · Tue May 12, 6:55AM CDT
For those who live and breathe only because the government is benevolent enough to bestow imaginary numbers on them, Tuesday is their day.
Barchart · 13 minutes ago
DaVita has outpaced the broader market over the past year, with Wall Street analysts maintaining a cautiously optimistic outlook on the stock’s long-term...
Barchart · 16 minutes ago
UnitedHealth has substantially underperformed the broader market over the past year amid regulatory and operational challenges, although analysts continue...
Barchart · 18 minutes ago
Fortive has underperformed the broader market over the past year, and analysts remain cautious about the stock’s prospects.
Barchart · 18 minutes ago
Wheat is trading mixed on Wednesday morning, with Chicago on a weaker note, The wheat complex was in rally mode on Tuesday, hitting the limit in a few...
Barchart · 18 minutes ago
Live cattle futures posted $1.70 to $2.80 losses across most front months. Open interest suggested longs exiting, down 2,268 contracts Cash trade has been...
Barchart · 18 minutes ago
Soybeans are trading with 1 to 2 cent gains on Wednesday morning. Futures were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the...
Barchart · 18 minutes ago
Lean hog futures posted losses of 75 cents to $1.80 across most contracts on Tuesday, with May up a nickel. Open interest was up 4,306 contracts. USDA’s...
Barchart · 18 minutes ago
Corn prices are down fractionally to a penny so far on Wednesday AM trade. Futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit...
