Crude Oil WTI Apr '22 (CLJ22)
Crude Oil WTI Futures Market News and Commentary
October WTI crude oil (CLV26) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26) closed up +0.0268 (+0.88%).
Crude oil and gasoline prices moved sharply higher on Monday, with crude climbing to a 1-week high. Renewed tensions in the Middle East boosted crude prices on Monday after the US and Iran exchanged attacks for the first time in a month. The attacks are fueling concern that military escalation could further curtail shipping through the Strait of Hormuz, further reducing global energy supplies.
Crude prices jumped on Monday as tensions in the Middle East flared. The US Central Command said it targeted Iranian rocket launchers preparing to send mines into the Strait of Hormuz, and Iran retaliated by firing missiles and drones at US air bases in Jordan and the United Arab Emirates. Crude prices added to their gains on Monday when Axios reported that President Trump is weighing limited strikes against Iran to prevent their rebuilding capabilities... Read more
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October WTI crude oil (CLV26 ) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26 ) closed up +0.0268 (+0.88%). Crude oil and gasoline...
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October WTI crude oil (CLV26 ) is up +1.82 (+2.18%) today, and October RBOB gasoline (RBV26 ) is up +0.0122 (+0.40%). Crude oil and gasoline prices are...
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