Crude Oil WTI Oct '21 (CLV21)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0134 (-0.47%).
Crude oil and gasoline prices added to this week's sharp losses on Wednesday, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low. Growing optimism that the US and Iran are nearing a deal to reopen the Strait of Hormuz is pushing crude oil prices lower. Crude prices were also pressured on Wednesday after weekly EIA crude inventories unexpectedly increased.
Crude prices fell on Wednesday after the AP reported that Iranian and Omani negotiators have finalized a draft deal to reopen the Strait of Hormuz and are awaiting final approval from Iran's supreme leader. Separately, Axios reported that the US, Iran and Oman were nearing an interim 60-day accord to reopen the waterway that would involve no tolls or fees, with inbound vessels using a northern lane and outbound traffic a southern one. Read more
Barchart · Wed Aug 5, 2:16PM CDT
September WTI crude oil (CLU26 ) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26 ) closed down -0.0134 (-0.47%). Crude oil...
Barchart · Wed Aug 5, 2:13PM CDT
September Nymex natural gas (NGU26 ) closed up +0.006 (+0.22%) on Wednesday. Nat-gas prices settled slightly higher on Wednesday amid forecasts for warmer...
Barchart · Wed Aug 5, 10:39AM CDT
September WTI crude oil (CLU26 ) is down -0.61 (-0.81%) today, and September RBOB gasoline (RBU26 ) is up +0.0130 (+0.46%). Crude oil and gasoline prices...
Ivan Patriki · Wed Aug 5, 9:27AM CDT
VIVIFY Technology, a private South Florida hydrogen company, has recruited a former Lockheed Martin Inventor of the Year, Buddy Paul, to build its 1MW...
Blue Line Futures · Wed Aug 5, 8:30AM CDT
Crude is bouncing this morning after Houthi rebels made fresh threats against Saudi oil shipping in the Red Sea, undoing some of yesterday's progress on...
Barchart · Wed Aug 5, 8:05AM CDT
Williams Companies has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.
Barchart · 10 minutes ago
While Altria Group has underperformed the broader market over the past year, analysts remain moderately optimistic about its future growth prospects.
Barchart · 13 minutes ago
Due to Dominion Energy's underperformance relative to the S&P 500 Index over the past year, Wall Street analysts maintain a cautious outlook on the stock’s...
Barchart · 20 minutes ago
AMD beat revenue and earnings estimates and raised guidance, yet the stock fell as AI investors demanded even faster growth. Expectations, not execution,...
Barchart · 46 minutes ago
Citizens Financial has outperformed the broader market over the past year, and analysts remain highly bullish about the stock’s prospects.
Barchart · 50 minutes ago
With earnings set for August 20th before the market open, implied volatility on WMT stock is through the roof. Implied volatility is sitting at 32% compared...
Barchart · 1 hour ago
September Nasdaq 100 E-Mini futures (NQU26) are down -0.42% this morning as concerns about the AI trade linger after forecasts from Western Digital and...
Barchart · 1 hour ago
Marvell Technology has significantly outperformed the broader market over the past year, while analysts remain highly optimistic about its future growth...
Barchart · 1 hour ago
Coca-Cola has outperformed the broader market over the past year, and analysts remain highly optimistic about its future growth prospects.