Crude Oil WTI Sep '17 (CLU17)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed up +0.74 (+0.90%), and August RBOB gasoline (RBQ26) closed down -0.0037 (-0.11%).
Crude oil and gasoline prices settled mixed on Monday, with crude oil rallying to a 5-week high amid the escalation of hostilities between the US and Iran, which is keeping the Strait of Hormuz closed and tightening global oil supplies.
gave up overnight gains and turned lower after Reuters reported that mediators had proposed a 10-day ceasefire between the US and Iran. Prices initially moved higher today, with crude posting a 5-week high and gasoline posting a 2-month high after hostilities between the US and Iran escalated further over the weekend.Â
The US conducted a ninth straight day of airstrikes on Iran on Monday, bombing military targets and communications networks, and Iran retaliated by launching drones and missiles at US bases in Kuwait, Jordan, Bahrain, and Iraq. The New York Times reported that the US is sending more warplan... Read more
Blue Line Futures · 1 hour ago
Two-sided volatility with the downside pressure being driven by non-sense was yet again the tale of the tape for yesterday's session. Escalating strikes...
Barchart · Mon Jul 20, 2:15PM CDT
August WTI crude oil (CLQ26 ) on Monday closed up +0.74 (+0.90%), and August RBOB gasoline (RBQ26 ) closed down -0.0037 (-0.11%). Crude oil and gasoline...
Barchart · Mon Jul 20, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed down -0.051 (-1.75%). Nat-gas prices retreated on Monday and are just above last Thursday’s 2-month...
Klarenbach Research · Mon Jul 20, 11:34AM CDT
Technical analysis of WTI Crude Oil hitting resistance at the 50-day moving average and what this market slowdown means for Western Canadian grain markets....
Barchart · Mon Jul 20, 10:45AM CDT
August WTI crude oil (CLQ26 ) today is down -0.33 (-0.40%), and August RBOB gasoline (RBQ26 ) is down -0.0158 (-0.47%). Crude oil and gasoline prices gave...
Blue Line Futures · Mon Jul 20, 8:17AM CDT
Headlines over the weekend skewed bullish until 2am last night, when reports and rumors started flowing about Iranian leadership arriving in Pakistan....
Barchart · 8 minutes ago
Apple stock is back near record highs after HSBC upgraded the iPhone maker, arguing that AI and an unusually strong hardware roadmap could drive its next...
Barchart · 9 minutes ago
While BE stock has suffered heavy losses recently, the red ink appears tied to structural rather than fundamental catalysts.
Barchart · 13 minutes ago
The dollar index (DXY00 ) is up by +0.06% today. The dollar is slightly higher today as the escalation of hostilities between the US and Iran is boosting...
Barchart · 13 minutes ago
As persistent inflation continues to drag on the global economy this summer, gold isn’t soaring to new heights. Instead, it is fading away.
Barchart · 22 minutes ago
Tesla is set to report its Q2 earnings on July 22. But the data heading into the quarterly print appears overly negative.
Barchart · 22 minutes ago
Tesla is about to post a critical earnings report this week, and you won't regret keeping a pulse on it, since SpaceX's report will come just weeks after....
Barchart · 28 minutes ago
September British pound futures present a buying opportunity on more price strength.
Barchart · 28 minutes ago
August weather will be key for soybeans.