Crude Oil WTI May '27 (CLK27)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Friday closed down -2.69 (-3.74%), and August RBOB gasoline (RBQ26) closed down -0.0765 (-2.64%).
Crude oil and gasoline prices settled sharply lower on Friday, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is boosting global oil supplies and hammering oil prices.
Crude oil prices are sinking as tanker traffic through the Strait of Hormuz has accelerated, adding millions of barrels to the global market. According to Bloomberg calculations, crude exports from the Persian Gulf have recovered to at least 75% of pre-war levels, with 13 million bbl leaving the region over the three days through Wednesday.
Crude prices are also being undercut as Saudi Arabian ships are heading to the key Ras Tanura terminal, a sign that the kingdom is set to restart exports from within the Persian Gulf for the first time since March.Â
Crude oil prices are also under pressure after Iraq warned on Thurs... Read more
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) on Friday closed down -2.69 (-3.74%), and August RBOB gasoline (RBQ26 ) closed down -0.0765 (-2.64%). Crude oil and gasoline...
Barchart · 1 hour ago
July Nymex natural gas (NGN26 ) on Friday closed down -0.112 (-3.35%). Nat-gas prices retreated from a 3-month high on Friday and settled sharply lower....
Blue Line Futures · 1 hour ago
Crude oil is off -1.64 despite a tanker being struck within the Strait of Hormuz. The IRGC has been angered by a joint US-Gulf statement that challenged...
Barchart · Fri Jun 26, 10:30AM CDT
August WTI crude oil (CLQ26 ) today is down -3.18 (-4.42%), and August RBOB gasoline (RBQ26 ) is down -0.1009 (-3.48%). Crude oil and gasoline prices are...
Barchart · Thu Jun 25, 2:18PM CDT
August WTI crude oil (CLQ26 ) on Thursday closed up +1.58 (+2.25%), and August RBOB gasoline (RBQ26 ) closed up +0.1109 (+3.97%). Crude oil and gasoline...
Barchart · Thu Jun 25, 2:16PM CDT
July Nymex natural gas (NGN26 ) on Thursday closed up +0.122 (+3.79%). Nat-gas prices rallied to a 2.5-week high on Thursday and settled sharply higher...
Barchart · 6 minutes ago
Oracle shares sink on reports that OpenAI is considering delaying its highly anticipated IPO. Here’s why such a development would be bearish for ORCL...
Barchart · 17 minutes ago
Robinhood stock rallies as BTIG issues a bullish note in its favor. Here’s why analyst Andrew Harte recommends owning HOOD shares.
Barchart · 17 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100...
Barchart · 31 minutes ago
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Barchart · 1 hour ago
Gold is plunging, but not because of investor panic. The Fed is quietly preparing to lower bank reserve requirements. Large banks are front-running this...
Barchart · 1 hour ago
The dollar index (DXY00 ) on Friday fell by -0.07%. The dollar moved lower on Friday amid weakness in crude oil prices. WTI crude oil fell more than...
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) on Friday closed down -2.69 (-3.74%), and August RBOB gasoline (RBQ26 ) closed down -0.0765 (-2.64%). Crude oil and gasoline...
Barchart · 1 hour ago
July Nymex natural gas (NGN26 ) on Friday closed down -0.112 (-3.35%). Nat-gas prices retreated from a 3-month high on Friday and settled sharply lower....