Crude Oil WTI May '21 (CLK21)
Crude Oil WTI Futures Market News and Commentary
July WTI crude oil (CLN26) today is up +1.80 (+1.93%), and July RBOB gasoline (RBN26) is up +0.0155 (+0.49%).
Crude oil prices are moving sharply higher today, posting a 1.5-week high as clashes between the US and Iran cast doubt on prospects for a peace deal that would reopen the Strait of Hormuz. Crude prices added to their gains after weekly EIA crude inventories fell more than expected.
Crude prices jumped today after US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Gulf states, escalating tensions and reducing chances that the Strait of Hormuz will open any time soon. Shortly after disabling an empty oil tanker heading back to Iran, the US military said it came under missile and drone attacks as Iran targeted the US’s Bahrain naval base and the Ali Al-Salem airbase in Kuwait. US forces struck a communications tower on the Iranian island of Qeshm near the Strait of Hormuz as part of the skirmishes.
The lack of clarity over t... Read more
Barchart · Tue Jun 2, 2:14PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed up +1.60 (+1.74%), and July RBOB gasoline (RBN26 ) closed up +0.0596 (+1.83%). Crude oil prices settled sharply...
Barchart · Tue Jun 2, 2:12PM CDT
July Nymex natural gas (NGN26 ) on Tuesday fell -0.012 (-0.38%). Nat-gas prices settled lower on Tuesday for a second session, as US LNG export volumes...
Barchart · Tue Jun 2, 10:39AM CDT
July WTI crude oil (CLN26 ) today is down -0.29 (-0.31%), and July RBOB gasoline (RBN26 ) is up +0.0390 (+1.26%). Crude oil prices are under pressure today...
Wavetraders · Tue Jun 2, 12:41AM CDT
It would not be a surprise to see some rebound on the dollar because notice that we may be forming a flat correction that is now slowly approaching the...
Barchart · Mon Jun 1, 2:14PM CDT
July Nymex natural gas (NGN26 ) on Monday fell -0.111 (-3.37%). Nat-gas prices on Monday edged up to a new 2-month high but then fell back and closed sharply...
Barchart · Mon Jun 1, 2:02PM CDT
July WTI crude oil (CLN26 ) on Monday closed up +4.80 (+5.49%), and July RBOB gasoline (RBN26 ) closed up +0.0503 (+1.66%). Crude oil prices on Monday...
Barchart · 2 minutes ago
July WTI crude oil (CLN26 ) today is up +1.80 (+1.93%), and July RBOB gasoline (RBN26 ) is up +0.0155 (+0.49%). Crude oil prices are moving sharply higher...
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