Crude Oil WTI Aug '24 (CLQ24)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Tuesday closed up +1.20 (+1.54%), and August RBOB gasoline (RBQ26) closed up +0.0610 (+1.93%).
Crude oil and gasoline prices added to Monday’s gains on Tuesday, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as the truce between the US and Iran collapsed and new attacks on shipping in the Strait of Hormuz are reducing traffic through the waterway and curbing global oil supplies. Crude prices fell from their highs after President Trump said he is replacing his 20% Hormuz cargo fee plan with trade deals.Â
Crude oil prices rose on Tuesday after President Trump reimposed a blockade on Iranian ships transiting the Strait of Hormuz. US forces also launched another round of strikes against Iran on Tuesday, and the UAE said two oil tankers were attacked by Iran in Omani waters while transiting the southern route of the strait.
However, crude prices fell from their highs on Tuesday after... Read more
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) on Tuesday closed up +1.20 (+1.54%), and August RBOB gasoline (RBQ26 ) closed up +0.0610 (+1.93%). Crude oil and gasoline...
Barchart · 1 hour ago
August Nymex natural gas (NGQ26 ) on Tuesday closed up +0.007 (+0.24%). Nat-gas prices settled slightly higher on Tuesday as they consolidated above Monday’s...
Barchart · Tue Jul 14, 10:35AM CDT
August WTI crude oil (CLQ26 ) today is up +0.81 (+1.04%), and August RBOB gasoline (RBQ26 ) is up +0.0466 (+1.47%). Crude oil and gasoline prices added...
Blue Line Futures · Tue Jul 14, 9:29AM CDT
WTI Crude Oil futures rose towards the $80 level as tanker attacks accelerated as the hot war with Iran continued. Iran struck two UAE flagged tankers...
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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...
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