Crude Oil WTI Aug '18 (CLQ18)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed up +6.73 (+9.42%), and August RBOB gasoline (RBQ26) closed up +0.1817 (+6.09%).
Crude oil and gasoline prices surged on Monday, with crude posting a 3.5-week high and gasoline posting a 5-week high. Crude prices soared amid an escalation of US-Iran hostilities over control of the Strait of Hormuz. Gains in crude oil accelerated on Monday after President Trump said the US was reimposing a blockade on Iranian ships transiting the Strait of Hormuz.
Crude prices jumped today after the US, over the weekend, launched fresh missile attacks against Iran, targeting Iranian air-defense systems, coastal radar sites, and missile and drone capabilities. Iran launched retaliatory missile and drone attacks at targets in Jordan, Bahrain, Kuwait, and Qatar. Iran also attacked two vessels attempting to transit the Strait of Hormuz.
Crude oil prices added to their gains on Monday after President Trump said the US is reinstating the Ir... Read more
Barchart · Mon Jul 13, 2:17PM CDT
August WTI crude oil (CLQ26 ) on Monday closed up +6.73 (+9.42%), and August RBOB gasoline (RBQ26 ) closed up +0.1817 (+6.09%). Crude oil and gasoline...
Barchart · Mon Jul 13, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed down -0.043 (-1.46%). Nat-gas prices tumbled to a 2-month low on Monday and settled sharply lower. ...
Barchart · Mon Jul 13, 10:49AM CDT
Fervo Energy's stock has a very high valuation and a significant logistical obstacle.
Barchart · Mon Jul 13, 10:32AM CDT
August WTI crude oil (CLQ26 ) today is up +3.46 (+4.87%), and August RBOB gasoline (RBQ26 ) is up +0.1036 (+3.47%). Crude oil and gasoline prices are up...
Wavetraders · Mon Jul 13, 9:56AM CDT
Crude oil has broken below its multi-month triangle, confirming the start of a higher-degree wave C decline. While a short-term rebound is possible, rallies...
Barchart · Mon Jul 13, 8:52AM CDT
ONEOK will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · 5 minutes ago
CBRE Group will release its second-quarter earnings later this month, and analysts anticipate a double-digit bottom-line growth.
Barchart · 8 minutes ago
American Tower will release its second-quarter earnings later this month, and analysts anticipate a low single-digit FFO growth.
Barchart · 12 minutes ago
Arch Capital Group is set to report Q2 earnings by the end of this month, and analysts are expecting a single-digit decline in EPS.
Barchart · 13 minutes ago
Essex Property Trust will release its second-quarter earnings later this month, and analysts anticipate a marginal FFO dip.
Barchart · 16 minutes ago
W.W. Grainger will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
Barchart · 16 minutes ago
Leidos Holdings is set to report Q2 earnings next month, with analysts expecting a single-digit decline in quarterly EPS.
Barchart · 20 minutes ago
Carrier Global will release its second-quarter earnings later this month, and analysts anticipate a high single-digit profit dip.
Barchart · 30 minutes ago
Hedgeye’s Felix Wang flipped Apple to a short position on July 9, citing moderating growth, margin pressure, and a rich valuation.