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Crude Oil WTI Aug '30 (CLQ30)

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Crude Oil WTI Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil WTI prices and Crude Oil WTI futures quotes for all active contracts below.
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Crude Oil WTI Futures Market News and Commentary

Crude Oil Prices Jump as Middle East Tensions Escalate

May WTI crude oil (CLK26) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26) is up +0.1140 (+3.79%).  Crude oil and gasoline prices are sharply higher today after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US to lift a naval blockade of Iran's vessels.  Also, the US Navy fired upon and boarded an Iranian-flagged cargo ship in the Gulf of Oman, the first seizure in the US blockade of the Strait of Hormuz, which threatens to derail US-Iran peace talks.  Crude prices extended their advance today after President Trump said it's "highly unlikely" he will extend the ceasefire with Iran after Wednesday.  

Escalating tensions in the Middle East are keeping the Strait of Hormuz closed and supporting energy prices.  The UK reported Saturday that a tanker was approached by Iranian gunboats off the coast of Oman before being fired at, and an unknown projectile hit a container ship in a separate incident.  India also said some of it... Read more

Strait of Hormuz by artemegorovv via Shutterstock
Crude Oil Prices Jump as Middle East Tensions Escalate

May WTI crude oil (CLK26 ) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26 ) is up +0.1140 (+3.79%). Crude oil and gasoline prices are sharply...

Gold bars in a neat row by PublicDomainPictures via Pixabay
Gold's Outlook Given The Deal That Lasted One Day

This is yet another time when gold failed to hold above its 50% retracement, and it has consequences.

A trader celebrating success by Tima Miroshnichenko via Pexels
Is Irrational Market Behavior Predictable?

The past decade has taught has to predict what will be said, and why, leading to the rise of predictive market websites as "trading" platforms, among other...

DTE Energy Co_ logo on building-by ehrlif via Shutterstock
Earnings Preview: What to Expect From DTE Energy's Report

DTE Energy will release its first-quarter earnings soon, and analysts anticipate a double-digit profit dip.

Vistra Corp website magnified-by Casimiro PT via Shutterstock
Vistra Earnings Preview: What to Expect

Vistra will release its first-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.

An oil tanker out at sea by Gerhard Traschutz via Pixabay
How to Control Portfolio Risk Using Market Groups and Sub-Group Caps

Most traders think they’re diversified—until everything starts moving together. This article breaks down how correlation within commodity groups creates...

Snap Just Announced Major Layoffs: What Do 1,000 (16%) Job Cuts Mean for SNAP Stock?

Snap is slashing its workforce to save costs, signaling a major AI-driven shift in its business model.

The Blue Origin Failure Has Sent AST SpaceMobile Stock Below Its 50-Day MA. Should You Buy the Dip?

AST SpaceMobile shares crash as Blue Origin rocket places its satellite in an off-nominal orbit. Scotiabank recommends against buying the dip in ASTS shares....

Alphabet Q1 Earnings Preview: Is GOOGL Stock a Buy, Sell, or Hold?

Alphabet’s fundamentals remain intact. Its dominance in digital advertising, combined with accelerating momentum in cloud and AI, provides a strong foundation...

Up 12.5% in the Past 5 Days, Should You Keep Buying Oracle Stock?

After an impressive 12.5% five-day surge powered by AI and cloud momentum, how much higher can Oracle shares really go?

Apple Has Unusual Put Options Activity - Has AAPL Stock Peaked Ahead of Earnings?

Apple stock is showing unusually heavy put options activity ahead of its earnings release at the end of April. AAPL has been rising, so investors may think...

Cattle Slipping Lower on Monday

Live cattle futures are trading with contracts down a quarter to $1 at midday. Cash trade was picked up last week at $248 across the country. Feeder cattle...

Soybeans Trading with Fractional Gains on Monday

Soybeans are fractionally higher in the front months, with new crop contracts up 3 cents. The cmdtyView national average Cash Bean price was up 3/4 cent...

Cotton Continuing Higher at Midday

Cotton futures are trading with contracts up 35 to 46 cents at midday. The US dollar index is $0.053 lower at $97.840. Crude oil is back up $4.92 at midday....

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