Crude Oil WTI Jul '27 (CLN27)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) closed up +2.07 (+2.75%) on Thursday, and September RBOB gasoline (RBU26) closed up +0.0997 (+3.51%).
Crude oil and gasoline prices settled sharply higher on Thursday amid uncertainty regarding a proposed plan by Iran and Oman to reopen the Strait of Hormuz. Also, a reported missile attack on a Saudi oil tanker by Houthi rebels gave crude oil prices a boost.
Crude prices raced to their highs on Thursday after Iran's semi-official Fars news agency reported that vessels belonging to the US, Israel, or any other nation that has "caused damage" to Iran would be prohibited from the Strait of Hormuz under the proposed deal with Oman to reopen the waterway, which would restrict some oil exports from several Gulf States.
Crude prices also found support on Thursday over concerns about oil supplies from the Middle East after Yemen's Houthi rebels said they targeted a Saudi oil tanker with a ballistic missile in the Gulf of Aden. The Houthi... Read more
Barchart · Thu Aug 6, 2:13PM CDT
September WTI crude oil (CLU26 ) closed up +2.07 (+2.75%) on Thursday, and September RBOB gasoline (RBU26 ) closed up +0.0997 (+3.51%). Crude oil and gasoline...
Barchart · Thu Aug 6, 2:12PM CDT
September Nymex natural gas (NGU26 ) closed down -0.048 (-1.79%) on Thursday. Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and...
Barchart · Thu Aug 6, 2:00PM CDT
Gasoline is a seasonal fuel, with demand rising during spring and summer and falling during fall and winter. Drivers put more miles on cars during summer,...
MoneyShow · Thu Aug 6, 12:05PM CDT
Anas Alhajji of Energy Outlook Advisors talks about major energy-market drivers – including tensions tied to the Middle East conflict and Bab el-Mandeb....
Barchart · Thu Aug 6, 10:32AM CDT
September WTI crude oil (CLU26 ) is up +1.83 (+2.43%) today, and September RBOB gasoline (RBU26 ) is up +0.0777 (+2.74%). Crude oil and gasoline prices...
Barchart · 42 minutes ago
Cotton futures closed the Thursday session with contracts 12 to 24 points higher across the board. Crude oil was back up $3.01 per barrel, with the US...
Barchart · 42 minutes ago
Corn futures posted gains to round out Thursday trade, with contracts 1 ¼ to 2 ¼ cents higher at the close and near the intraday highs. The CmdtyView...
Barchart · 42 minutes ago
Live cattle futures reverted lower on Thursday, as contracts were down $2.95 to $4.55 across the board. Cash trade picked up on Thursday, with most trade...
Barchart · 42 minutes ago
Soybeans firmed late on Thursday, with contracts closing near the highs and 6 to 9 cents off the lows to post 1 to 5 ¾ cent gains in the front months....
Barchart · 42 minutes ago
Lean hog futures closed the Thursday session with contracts down 95 cents to $1.42. USDA’s national base hog price was reported at $98.30 on Thursday...
Barchart · 42 minutes ago
The wheat complex was lower across the three markets on Thursday. Chicago SRW contracts were down 1 1/2 to 11 cents across the board, led by the nearbys....
Barchart · Thu Aug 6, 3:42PM CDT
E.L.F. Beauty shares rally on $50 million tariff refunds and blowout Q2 earnings. Here’s how you should play ELF shares after the quarterly print.
Barchart · Thu Aug 6, 3:34PM CDT
Kalshi, Polymarket, and other prediction market platforms face an existential threat in the form of legal challenges that suggest their event contracts...