Crude Oil WTI Jun '30 (CLM30)
Crude Oil WTI Futures Market News and Commentary
May WTI crude oil (CLK26) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26) is up +0.1140 (+3.79%). Â Crude oil and gasoline prices are sharply higher today after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US to lift a naval blockade of Iran's vessels. Â Also, the US Navy fired upon and boarded an Iranian-flagged cargo ship in the Gulf of Oman, the first seizure in the US blockade of the Strait of Hormuz, which threatens to derail US-Iran peace talks. Â Crude prices extended their advance today after President Trump said it's "highly unlikely" he will extend the ceasefire with Iran after Wednesday. Â
Escalating tensions in the Middle East are keeping the Strait of Hormuz closed and supporting energy prices. Â The UK reported Saturday that a tanker was approached by Iranian gunboats off the coast of Oman before being fired at, and an unknown projectile hit a container ship in a separate incident. Â India also said some of it... Read more
Barchart · Mon Apr 20, 10:30AM CDT
May WTI crude oil (CLK26 ) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26 ) is up +0.1140 (+3.79%). Crude oil and gasoline prices are sharply...
Gold Price Forecast · Mon Apr 20, 10:13AM CDT
This is yet another time when gold failed to hold above its 50% retracement, and it has consequences.
Barchart · Mon Apr 20, 8:00AM CDT
The past decade has taught has to predict what will be said, and why, leading to the rise of predictive market websites as "trading" platforms, among other...
Barchart · Mon Apr 20, 7:44AM CDT
DTE Energy will release its first-quarter earnings soon, and analysts anticipate a double-digit profit dip.
Barchart · Sun Apr 19, 11:53AM CDT
Vistra will release its first-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.
Bull Strangle Newsletter · Sat Apr 18, 11:40AM CDT
Most traders think they’re diversified—until everything starts moving together. This article breaks down how correlation within commodity groups creates...
Barchart · 56 seconds ago
Snap is slashing its workforce to save costs, signaling a major AI-driven shift in its business model.
Barchart · 11 minutes ago
AST SpaceMobile shares crash as Blue Origin rocket places its satellite in an off-nominal orbit. Scotiabank recommends against buying the dip in ASTS shares....
Barchart · 16 minutes ago
Alphabet’s fundamentals remain intact. Its dominance in digital advertising, combined with accelerating momentum in cloud and AI, provides a strong foundation...
Barchart · 23 minutes ago
After an impressive 12.5% five-day surge powered by AI and cloud momentum, how much higher can Oracle shares really go?
Barchart · 36 minutes ago
Apple stock is showing unusually heavy put options activity ahead of its earnings release at the end of April. AAPL has been rising, so investors may think...
Barchart · 45 minutes ago
Live cattle futures are trading with contracts down a quarter to $1 at midday. Cash trade was picked up last week at $248 across the country. Feeder cattle...
Barchart · 45 minutes ago
Soybeans are fractionally higher in the front months, with new crop contracts up 3 cents. The cmdtyView national average Cash Bean price was up 3/4 cent...
Barchart · 45 minutes ago
Cotton futures are trading with contracts up 35 to 46 cents at midday. The US dollar index is $0.053 lower at $97.840. Crude oil is back up $4.92 at midday....
