Crude Oil WTI Jul '17 (CLN17)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Thursday closed down -0.27 (-0.28%), and June RBOB gasoline (RBM26) closed down -0.0033 (-0.10%). Â Crude oil and gasoline prices closed lower on Thursday on optimism that a US-Iran peace deal is imminent. Â The markets await further updates after the US presented a proposal to Iran that would gradually reopen the Strait of Hormuz and lift the US blockade on Iranian ports. Â Iran is expected to respond via Pakistan in the next few days. Â However, crude prices recovered most of their losses Thursday afternoon on a report that said the US is looking to restart an operation guiding commercial ships through the Strait of Hormuz, which had been paused earlier this week amid pushback from Gulf allies.
Crude prices initially slumped on Thursday after Al Arabiya, a Saudi-affiliated outlet, reported that agreements had been reached to ease the US naval blockade of Iran in exchange for a gradual reopening of the Strait of Hormuz.
Crude prices recovered... Read more
Barchart · 4 minutes ago
June WTI crude oil (CLM26 ) on Thursday closed down -0.27 (-0.28%), and June RBOB gasoline (RBM26 ) closed down -0.0033 (-0.10%). Crude oil and gasoline...
Barchart · 6 minutes ago
June Nymex natural gas (NGM26 ) on Thursday closed up +0.039 (+1.43%). Nat-gas prices recovered from early losses on Thursday and settled higher on a smaller-than-expected...
Barchart · 1 hour ago
Darin Newsom suggests that recent commodity market declines are driven by speculative liquidation and false headlines regarding a ceasefire in Iran, though...
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Barchart · Thu May 7, 10:30AM CDT
June WTI crude oil (CLM26 ) today is down -3.36 (-3.53%), and June RBOB gasoline (RBM26 ) is down -0.0862 (-2.49%). Crude oil and gasoline prices are...
Barchart · 6 minutes ago
June WTI crude oil (CLM26 ) on Thursday closed down -0.27 (-0.28%), and June RBOB gasoline (RBM26 ) closed down -0.0033 (-0.10%). Crude oil and gasoline...
Barchart · 8 minutes ago
June Nymex natural gas (NGM26 ) on Thursday closed up +0.039 (+1.43%). Nat-gas prices recovered from early losses on Thursday and settled higher on a smaller-than-expected...
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After silver’s explosive move to nearly $122 per ounce in late January, the price corrected by over $60 and is now consolidating around $76. Silver has...
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Barchart · 1 hour ago
July NY world sugar #11 (SBN26 ) on Thursday closed down -0.27 (-1.82%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -5.30 (-1.21%). Sugar prices...
