Crude Oil WTI Jun '24 (CLM24)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Tuesday closed down -0.65 (-0.88%), and August RBOB gasoline (RBQ26) closed down -0.0211 (-0.73%).
Crude oil and gasoline prices were under pressure on Tuesday, with crude oil falling to a 3.5-month low. Tuesday’s rally in the dollar index ($DXY) to a 13-month high is weighing on energy prices. Also, the resumption of crude supplies through the reopened Strait of Hormuz is easing global oil supply concerns and is undercutting crude prices. In addition, Tuesday’s sell-off in global equity markets reduces confidence in the economic outlook and energy demand.
Crude prices are under pressure amid signs the US-Iran peace deal is progressing after Iran on Monday said there had been “major progress” in all-night discussions with the US over a peace deal following the interim agreement last week that led to a 60-day ceasefire extension and Iran opening the Strait of Hormuz. The US also authorized a temporary, 60-day license allowing Iran to sel... Read more
Barchart · Tue Jun 23, 2:17PM CDT
August WTI crude oil (CLQ26 ) on Tuesday closed down -0.65 (-0.88%), and August RBOB gasoline (RBQ26 ) closed down -0.0211 (-0.73%). Crude oil and gasoline...
Barchart · Tue Jun 23, 2:15PM CDT
July Nymex natural gas (NGN26 ) on Tuesday closed down -0.106 (-3.26%). Nat-gas prices retreated on Tuesday amid forecasts for cooler US summer weather,...
Barchart · Tue Jun 23, 2:05PM CDT
Chevron secured a 20-year agreement to supply natural-gas-fired power for Microsoft’s planned $7 billion data center project in Reeves County, Texas,...
TradingView · Tue Jun 23, 11:27AM CDT
Oil prices are down, gasoline is getting cheaper, yet markets are still expecting the Fed to raise rates—not once, not twice, but possibly three times....
Barchart · Tue Jun 23, 10:33AM CDT
August WTI crude oil (CLQ26 ) today is down -0.67 (-0.91%), and August RBOB gasoline (RBQ26 ) is down -0.0534 (-1.85%). Crude oil and gasoline prices are...
Blue Line Futures · Tue Jun 23, 10:06AM CDT
Sunday night into Monday crude markets saw outsized volatility, posting a ~5% range before 8am Monday as drama surrounding the Iran-US MOU spiked markets...
Barchart · 1 hour ago
Lean hog futures were mixed at the Tuesday close, with contracts down 42 cents in July to up 50 cents in August and most of the rest of the board in between....
Barchart · 1 hour ago
The wheat complex was pressure across the three markets on Tuesday, with spring wheat leading the bears. Chicago SRW contracts were 8 1/4 to 10 3/4 cents...
Barchart · 1 hour ago
Corn futures were mixed on Tuesday, with nearbys through September 2027 down 1 to 2 ¼ cents lower and deferreds fractionally to 2 ¼ cents higher. The...
Barchart · 1 hour ago
Soybeans closed mixed on Tuesday, with front months steady to 1 ½ cents higher and deferreds up 1 to down 1 ¼ cents. The cmdtyView national average Cash...
Barchart · 1 hour ago
Live cattle futures were down 67 cents to $1.35 across most contracts on the day. Cash trade has yet to develop this week, as sales crept up to $258-260...
Barchart · 1 hour ago
Cotton futures saw sharp front month losses of 125 to 148 points in the old crop, with other contracts down 12 to 87 points. Crude oil was down another...
Barchart · Tue Jun 23, 3:48PM CDT
AMC shares crash as management announces $200 million capital raise. Here’s how you should play AMC stock at current levels.
Barchart · Tue Jun 23, 3:47PM CDT
Cathie Wood added another 210,000 SpaceX shares after a sharp post-IPO sell-off, signaling continued confidence despite the stock's recent volatility.