Crude Oil WTI Aug '18 (CLQ18)
Crude Oil WTI Futures Market News and Commentary
May WTI crude oil (CLK26) on Thursday closed up +3.40 (+3.72%), and May RBOB gasoline (RBK26) closed up +0.0945 (+3.08%). Â
Crude oil and gasoline prices rallied sharply on Thursday as the US naval blockade of the Strait of Hormuz entered its fourth day, curbing oil supplies from the Middle East. Â Gains in crude oil accelerated on Thursday after Bloomberg reported that some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months, dashing hopes of a speedy conclusion to the Iran conflict. Â Also, Thursday's rally in the S&P 500 to a new all-time high shows confidence in the economic outlook, which is supportive of energy demand and crude prices.
Crude prices fell back from their best level Thursday afternoon, after President Trump said the prospects for a peace deal with Iran are "looking very good," as the two sides are in discussions to extend a ceasefire that expires next week. Â President Trump also announced that Israel and Lebanon h... Read more
Barchart · Thu Apr 16, 2:27PM CDT
Trump is warning Americans that gas prices, now averaging over $4 per gallon, could stay elevated or rise further through November because the Iran conflict...
Barchart · Thu Apr 16, 2:19PM CDT
May WTI crude oil (CLK26 ) on Thursday closed up +3.40 (+3.72%), and May RBOB gasoline (RBK26 ) closed up +0.0945 (+3.08%). Crude oil and gasoline prices...
Barchart · Thu Apr 16, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Thursday closed up +0.037 (+1.42%). Nat-gas prices settled higher on Thursday as a mixed US weather forecast sparked...
Barchart · Thu Apr 16, 2:12PM CDT
With Bloom riding one of the most dramatic runs in the clean energy space, is it a good time to buy the stock or hold off?
Barchart · Thu Apr 16, 2:00PM CDT
Markets across all asset classes have been following crude oil since late February. We witnessed an explosive rally from the late 2025 and early 2026 lows...
Barchart · Thu Apr 16, 11:47AM CDT
Oracle will source up to 2.8 GW of energy from the fuel cell company.
Barchart · Fri Apr 17, 2:36AM CDT
Cencora is scheduled to report its second-quarter results next month, and analysts project a single-digit increase in earnings.
Barchart · Fri Apr 17, 2:33AM CDT
: Uber is set to report its first-quarter earnings next month, and analysts are anticipating a low double-digit decline in its bottom line.
Barchart · Fri Apr 17, 2:28AM CDT
Rockwell Automation is poised to report its fiscal second-quarter results shortly, with analysts forecasting double-digit earnings growth.
Barchart · Fri Apr 17, 2:25AM CDT
Electronic Arts is scheduled to report its first-quarter results soon, and analysts expect a solid double-digit earnings surge.
Barchart · Fri Apr 17, 2:22AM CDT
Paycom Software is set to report its first-quarter results shortly, and analysts are expecting a modest uptick in earnings per share.
Barchart · Thu Apr 16, 6:30PM CDT
Amazon’s new 25 billion dollar data‑center push underscores why American Tower’s tower network and CoreSite data‑center arm are valuable, giving...
Barchart · Thu Apr 16, 4:42PM CDT
Cotton futures continued the rally on Thursday, with contracts closing 11 to 71 points higher on the session. The US dollar index was $0.184 higher at...
Barchart · Thu Apr 16, 4:42PM CDT
Corn futures were busy reverting from the Wednesday gains on Thursday, with contracts down fractionally in the new crop contracts to 2 3/4 cents in the...
