Crude Oil WTI Sep '19 (CLU19)
Crude Oil WTI Futures Market News and Commentary
September WTI crude oil (CLU26) closed up +0.89 (+1.05%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0466 (-1.41%).
Crude oil and gasoline prices settled mixed on Wednesday, with crude oil posting a 4-week high. Wednesday’s sharp decline in the dollar index ($DXY) to a 2.5-month low was bullish for energy prices. Also, the lack of a clear path to a resolution in the Middle East is keeping the Strait of Hormuz closed and limiting crude supplies from the Middle East, keeping upward pressure on oil prices. Crude prices fell from their best level and gasoline prices turned negative on Wednesday after weekly EIA crude inventories rose more than expected and gasoline supplies unexpectedly rose.
Crude prices moved higher on Wednesday as Middle East tensions intensified after the United Arab Emirates said it was cutting all economic ties with Iran after accusing Iran of firing ballistic missiles at its territory.
On Monday, President Trump said he'... Read more
Barchart · 22 minutes ago
September WTI crude oil (CLU26) closed up +0.89 (+1.05%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0466 (-1.41%). Crude oil and...
Barchart · 23 minutes ago
September Nymex natural gas (NGU26 ) on Wednesday closed up +0.038 (+1.37%). Nat-gas prices rallied to a 4-week high on Wednesday and settled higher. ...
Barchart · Wed Aug 19, 12:15PM CDT
Billionaire Peter Thiel disclosed a roughly 1% stake in Vista Energy, spending about $76 million to acquire 1.2 million American depositary shares through...
Barchart · Wed Aug 19, 10:34AM CDT
September WTI crude oil (CLU26) is up +1.42 (+1.67%) on Tuesday, and September RBOB gasoline (RBU26) is down -0.0122 (-0.37%). Crude oil and gasoline prices...
Blue Line Futures · Wed Aug 19, 9:22AM CDT
Crude closed nearly flat yesterday after giving back most of an early rally that had pushed futures up over a dollar from Monday's settlement. Buying pressure...
Barchart · Wed Aug 19, 6:38AM CDT
Another Watson Wednesday for the Commodity Complex with world War drums growing louder in the distance.
Barchart · 4 minutes ago
Marvell Technology prepares for its Q2 results with analysts expecting huge upside.
Barchart · 8 minutes ago
HIVE Digital Technologies is building a stronger AI-driven growth narrative, with expanding contracts adding visibility to its future revenue.
Barchart · 21 minutes ago
September WTI crude oil (CLU26) closed up +0.89 (+1.05%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0466 (-1.41%). Crude oil and...
Barchart · 22 minutes ago
September Nymex natural gas (NGU26 ) on Wednesday closed up +0.038 (+1.37%). Nat-gas prices rallied to a 4-week high on Wednesday and settled higher. ...
Barchart · 31 minutes ago
What does Google's $94 billion stake in SpaceX really mean?
Barchart · 32 minutes ago
Rocket Lab's $12 million Space Force contract could be worth far more if Photon proves its optical communications technology, opening the door to larger...
Barchart · 34 minutes ago
Zoom stock rallies on a bullish Bank of America research note. Here’s why BofA recommends buying ZM shares at current levels.
Barchart · 34 minutes ago
SpaceX stock is still nothing more than a plaything for investors.