Crude Oil WTI Jul '15 (CLN15)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Tuesday closed up +4.11 (+4.19%), and June RBOB gasoline (RBM26) closed up +0.0979 (+2.72%). Crude oil and gasoline prices settled sharply higher for a second day on Tuesday after President Trump cast doubt over the ceasefire with Iran, which could lead to the escalation of hostilities that keep the Strait of Hormuz closed.
Crude prices raced to their highs Tuesday afternoon when President Trump said, "Iran will make a deal or be decimated." Crude prices continue to climb after President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. President Trump called Iran's response to his peace proposal a "piece of garbage" and said that the current ceasefire was on "life support."
Crude prices are also supported after President Trump said on Monday that the US may restart the operation as soon as this week to guide commercial ships through the Strait of Hormuz with naval and air support. Saudi Arabia and... Read more
Barchart · Tue May 12, 2:38PM CDT
Tuesday's session brought to mind an old saying, “Even the sun shines on a cockroach some days”.
Barchart · Tue May 12, 2:19PM CDT
June WTI crude oil (CLM26 ) on Tuesday closed up +4.11 (+4.19%), and June RBOB gasoline (RBM26 ) closed up +0.0979 (+2.72%). Crude oil and gasoline prices...
Barchart · Tue May 12, 2:17PM CDT
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.067 (-2.30%). Nat-gas prices fell from a 6-week nearest-futures high on Tuesday and settled lower...
Barchart · Tue May 12, 10:34AM CDT
June WTI crude oil (CLM26 ) today is up +3.95 (+4.03%), and June RBOB gasoline (RBM26 ) is up +0.1110 (+3.08%). Crude oil and gasoline prices are moving...
Barchart · Tue May 12, 6:55AM CDT
For those who live and breathe only because the government is benevolent enough to bestow imaginary numbers on them, Tuesday is their day.
Barchart · Mon May 11, 2:19PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26 ) closed up +0.0731 (+2.07%). Crude oil and gasoline prices...
Barchart · 14 minutes ago
Cotton futures closed the Tuesday session with front months down 105 to 145 points. The US dollar index was $0.366 higher at $98.190. Crude oil was up...
Barchart · 14 minutes ago
Lean hog futures posted losses of 75 cents to $1.80 across most contracts on Tuesday, with May up a nickel. USDA’s national base hog price was reported...
Barchart · 14 minutes ago
Corn futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit rally in the wheat market was supportive. The CmdtyView national average...
Barchart · 14 minutes ago
Soybeans were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the close. The cmdtyView national average Cash Bean price was up 14...
Barchart · 14 minutes ago
The wheat complex was in rally mode on Tuesday, hitting the limit in a few contracts. Chicago SRW was up as little as 13 ½ cents in the deferreds to the...
Barchart · 1 hour ago
SanDisk stock sank today amid a broader selloff in memory and semiconductor names. But should you buy the dip in SNDK shares today?
Barchart · 1 hour ago
Options traders believe Cisco stock will extend gains after Q3 earnings on May 13. Freedom Capital’s Jay Woods also remains bullish on CSCO shares heading...
