Crude Oil WTI May '21 (CLK21)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed up +6.73 (+9.42%), and August RBOB gasoline (RBQ26) closed up +0.1817 (+6.09%).
Crude oil and gasoline prices surged on Monday, with crude posting a 3.5-week high and gasoline posting a 5-week high. Crude prices soared amid an escalation of US-Iran hostilities over control of the Strait of Hormuz. Gains in crude oil accelerated on Monday after President Trump said the US was reimposing a blockade on Iranian ships transiting the Strait of Hormuz.
Crude prices jumped today after the US, over the weekend, launched fresh missile attacks against Iran, targeting Iranian air-defense systems, coastal radar sites, and missile and drone capabilities. Iran launched retaliatory missile and drone attacks at targets in Jordan, Bahrain, Kuwait, and Qatar. Iran also attacked two vessels attempting to transit the Strait of Hormuz.
Crude oil prices added to their gains on Monday after President Trump said the US is reinstating the Ir... Read more
Barchart · Mon Jul 13, 2:17PM CDT
August WTI crude oil (CLQ26 ) on Monday closed up +6.73 (+9.42%), and August RBOB gasoline (RBQ26 ) closed up +0.1817 (+6.09%). Crude oil and gasoline...
Barchart · Mon Jul 13, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed down -0.043 (-1.46%). Nat-gas prices tumbled to a 2-month low on Monday and settled sharply lower. ...
Barchart · Mon Jul 13, 10:49AM CDT
Fervo Energy's stock has a very high valuation and a significant logistical obstacle.
Barchart · Mon Jul 13, 10:32AM CDT
August WTI crude oil (CLQ26 ) today is up +3.46 (+4.87%), and August RBOB gasoline (RBQ26 ) is up +0.1036 (+3.47%). Crude oil and gasoline prices are up...
Wavetraders · Mon Jul 13, 9:56AM CDT
Crude oil has broken below its multi-month triangle, confirming the start of a higher-degree wave C decline. While a short-term rebound is possible, rallies...
Barchart · Mon Jul 13, 8:52AM CDT
ONEOK will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · 51 minutes ago
Live cattle futures closed with contracts down 47 cents to 12 cents higher. Cash trade was at $247-248 across the country, a $7-8 drop from last week....
Barchart · 51 minutes ago
Lean hog futures closed the Monday session with contracts down 80 cents to $1.20 on the day. USDA’s national base hog price was reported at $98.78 on...
Barchart · 51 minutes ago
Cotton futures were mixed to start the week, with contracts down 9 to 10 points higher. Crude oil was up $6.54 on the day following increased tensions...
Barchart · 51 minutes ago
The wheat complex was lower across the three exchanges. Chicago SRW contracts were fractionally to 5 cents lower on the day. KC HRW futures were down 4...
Barchart · 51 minutes ago
Soybeans closed with Monday gains of 4 to 5 ½ vents. The cmdtyView national average Cash Bean price was up a nickel at $11.50 3/4. Soymeal futures were...
Barchart · 51 minutes ago
Corn futures slipped into the Monday close as contracts were mostly 1 ½ to 2 ¾ cents higher. July was down ¼ cent. The CmdtyView national average Cash...
Barchart · Mon Jul 13, 4:10PM CDT
RFK Jr. unveiled an HHS plan to reduce default antidepressant use, emphasizing exercise, nutrition, family support, and psychotherapy alongside informed...
Barchart · Mon Jul 13, 3:37PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.26%, and the Nasdaq 100...