Crude Oil WTI Aug '16 (CLQ16)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26) closed up +0.0753 (+2.66%).
Crude oil and gasoline prices settled sharply higher on Monday amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the strait. Crude prices also found support on Monday from a weaker dollar and strength in equity markets. Crude prices fell back from their best level after the US and Iran backed away from a fresh escalation of hostilities and agreed to stop attacking each other.
Crude prices jumped on Monday on concerns about the viability of the current ceasefire between the US and Iran. Late Friday, the US attacked several Iranian military installations in retaliation for Iran’s attack on Thursday of a container ship in the strait. The US then attacked Iran again on Saturday after Iran attacked a tanker carrying Qatari oil and launched drone and missile attacks against US bases in Bahrain and Ku... Read more
Barchart · Mon Jun 29, 2:13PM CDT
August WTI crude oil (CLQ26 ) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0753 (+2.66%). Crude oil and gasoline...
Barchart · Mon Jun 29, 2:12PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed down -0.098 (-2.99%). Nat-gas prices fell to a 1-week low on Monday and settled sharply lower. Ramped-up...
Blue Line Futures · Mon Jun 29, 1:36PM CDT
Crude is up as Iran and the US traded strikes over the weekend. Iran has struck tankers crossing the strait and the US has retaliated as the "cease-fire"...
Barchart · Mon Jun 29, 12:18PM CDT
Jefferies upgraded FuelCell to "Buy," citing Fit Energy deal as pivotal toward its investment thesis.
Barchart · Mon Jun 29, 10:35AM CDT
August WTI crude oil (CLQ26 ) today is up +1.23 (+1.78%), and August RBOB gasoline (RBQ26 ) is up +0.0732 (+2.59%). Crude oil and gasoline prices are moving...
Barchart · Mon Jun 29, 4:54AM CDT
Halliburton will release its second-quarter earnings next month, and analysts anticipate a low single-digit profit dip.
Barchart · 19 minutes ago
Quantinuum stock rips higher as Wall Street analysts assign bullish price targets after the post-IPO quiet period. Here’s how high QNT shares could realistically...
Barchart · 37 minutes ago
Iridium Communications stock soars as Rocket Lab agrees to buy the company at a significant premium. But is there any further upside left in IRDM shares?...
Barchart · 52 minutes ago
Wall Street is becoming increasingly bullish on SanDisk as AI-driven memory demand continues to soar.
Barchart · 53 minutes ago
One TD Cowen analyst has pointed toward T-Mobile as the perfect acquisition target for SpaceX.
Barchart · 58 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.59%, and the Nasdaq 100 Index...
Barchart · 1 hour ago
Rocket Lab shares rally as management announces acquisition of Iridium Communications. Here’s why the deal is bullish for RKLB shares.
Barchart · 1 hour ago
While Nvidia stock has underperformed, its industry-leading revenue growth and expanding AI ecosystem beyond GPUs indicate solid upside ahead.
Barchart · 1 hour ago
Comcast stock soars on management’s plans for splitting telecom and media businesses. Here’s what that would mean for CMCSA shares.