Crude Oil WTI Jun '24 (CLM24)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) is down -0.83 (-1.00%), and September RBOB gasoline (RBU26) is down -0.0026 (-0.08%).
Crude oil and gasoline prices are trading lower, with no overnight reports of new military attacks by the US or Iran in the Persian Gulf. Market concerns about the Middle East were also reduced slightly by news reports saying that the Trump administration is pivoting to using the naval blockade to apply economic pressure on Iran rather than new military attacks.
There are no reports of any progress between the US and Iran on an agreement to reopen the Strait of Hormuz, although some ships are still getting through by turning off their transponders and hoping for the best.
An Iranian military spokesperson said today that no ship can safely pass the Strait of Hormuz without Iran's authorization and supervision and that President Trump's claims of control over the Strait are "nothing more than lies." The Iranian statement was in response to President... Read more
Barchart · 1 hour ago
September WTI crude oil (CLU26) is down -0.83 (-1.00%), and September RBOB gasoline (RBU26) is down -0.0026 (-0.08%). Crude oil and gasoline prices are...
Blue Line Futures · Thu Aug 13, 8:52AM CDT
Crude fell yesterday as Trump's rhetoric on the Strait of Hormuz swung from bullish to bearish within a single tweet, first claiming the US had total control...
Barchart · Wed Aug 12, 2:38PM CDT
September Nymex natural gas (NGU26 ) on Wednesday closed up +0.037 (+1.34%). Nat-gas prices closed higher on Wednesday as forecasts remain warm. Vaisala...
Barchart · Wed Aug 12, 2:01PM CDT
September WTI crude oil (CLU26) on Wednesday closed up +0.07 (+0.08%), and September RBOB gasoline (RBU26) closed up +0.0171 (+0.55%). Crude oil and gasoline...
Barchart · Wed Aug 12, 12:07PM CDT
Plug Power beat second-quarter estimates with revenue of $178.3 million and raised its 2026 revenue growth outlook 15% to 16%, as gross margin approached...
Barchart · Wed Aug 12, 11:16AM CDT
This energy narrative isn’t going away anytime soon, and US refiners are taking advantage while the margins are fat.
Barchart · 13 minutes ago
Cotton futures are trading with contracts 85 to 109 points lower across most months on Thursday. Crude oil is down $1.32 per barrel, with the US dollar...
Barchart · 13 minutes ago
Corn futures are trading with contracts 6 to 7 cents lower at midday, reverting from the 17 to 20 cent gains on Wednesday. The CmdtyView national average...
Barchart · 13 minutes ago
Soybeans are trading with contracts 2 to 5 cent gains at midday. The cmdtyView national average Cash Bean price is up 4 1/2 cents at $11.45 1/4. Soymeal...
Barchart · 13 minutes ago
Lean hog futures are posting Thursday losses of 22 cents to $1.65 at midday. USDA’s national base hog price was reported at $97.28 on Thursday morning,...
Barchart · 13 minutes ago
The wheat complex is holding onto the firmer trade at midday but have pulled off the early double digit strength. Chicago SRW contracts are up 2 to 3 cents...
Barchart · 13 minutes ago
Live cattle futures are leading the way with losses of $4 to $4.60 so far on Thursday. There were no deliveries issued against August futures on Wednesday....
Barchart · 14 minutes ago
October NY world sugar #11 (SBV26 ) is up +0.39 (+2.38%), and October London ICE white sugar #5 (SWV26 ) is up +10.10 (+1.99%). NY and London sugar prices...
Barchart · 24 minutes ago
September ICE NY cocoa (CCU26 ) today is up +10 (+0.18%), and September ICE London cocoa #7 (CAU26 ) is up +10 (+0.24%). Cocoa prices continued higher...