Crude Oil WTI May '30 (CLK30)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) today is up +3.13 (+3.25%), and June RBOB gasoline (RBM26) is up +0.0241 (+0.72%). Â Crude oil and gasoline prices are sharply higher for a second day today, with crude oil posting a 2-week high, and gasoline posting a 3.75-year high. Â Crude prices continue to climb as stalled peace talks between the US and Iran are keeping the Strait of Hormuz closed, tightening global oil supplies.
Crude prices rallied today after the New York Times reported that President Trump is not satisfied with Iran's latest proposal to reopen the Strait of Hormuz and end the war, which includes postponing nuclear negotiations. Â Mr. Trump has said any deal must include agreements to curb Iran's nuclear activities.
Crude prices fell from their best levels today after CNN reported that mediators in Pakistan are expected to receive a revised proposal from Iran in the next few days to end the war. Â The consultation process is slow because of the difficulty of communicating w... Read more
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June WTI crude oil (CLM26 ) today is up +3.13 (+3.25%), and June RBOB gasoline (RBM26 ) is up +0.0241 (+0.72%). Crude oil and gasoline prices are sharply...
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June WTI crude oil (CLM26 ) on Monday closed up +1.97 (+2.09%), and June RBOB gasoline (RBM26 ) closed up +0.0372 (+1.12%). Crude oil and gasoline prices...
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May Nymex natural gas (NGK26 ) on Monday closed up +0.027 (+1.07%). Nat-gas prices settled higher on Monday as short covering emerged amid colder US weather...
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June WTI crude oil (CLM26 ) today is up +2.68 (+2.84%), and June RBOB gasoline (RBM26 ) is up +0.0602 (+1.81%). Crude oil and gasoline prices are sharply...
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Live cattle futures are trading with $2.32 to $4.20 gains in most contracts on Tuesday. Cash trade last week was centered around $246 across the country,...
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Lean hog futures are mixed at midday, with contracts up a dime to 40 cents lower. USDA’s national base hog price was reported at $92.25 on Tuesday morning,...
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Corn futures are trading with 2 to 5 cent gains in most front months on Tuesday, as spillover support from the wheat market is supportive. The CmdtyView...
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Soybeans are slipping lower on Turnaround Tuesday, with contracts down 2 to 6 ½ cents. The cmdtyView national average Cash Bean price is down 5 3/4 cents...
