Crude Oil WTI Sep '20 (CLU20)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Friday closed up +3.54 (+4.48%), and August RBOB gasoline (RBQ26) closed up +0.1080 (+3.29%).
Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 5-week high and gasoline posting a 2-month high. Crude prices surged on Friday amid heightened concerns that the escalation of hostilities between the US and Iran could lead to a full-blown war that threatens crude supplies through the Strait of Hormuz. Crude prices raced to their highs Friday afternoon after Axios reported that the Trump administration notified Israel it is sending more refueling planes to the country, a possible sign that US military operations could expand in the coming days.
The US launched fresh strikes against Iran for the sixth consecutive day on Friday, hitting coastal surveillance and air defense sites, military logistics infrastructure, and maritime assets. Iran responded by attacking US bases in Kuwait, Jordan, and Bahrain, with Kuwait sayi... Read more
Barchart · Fri Jul 17, 2:15PM CDT
August WTI crude oil (CLQ26 ) on Friday closed up +3.54 (+4.48%), and August RBOB gasoline (RBQ26 ) closed up +0.1080 (+3.29%). Crude oil and gasoline...
Barchart · Fri Jul 17, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Friday closed up +0.053 (+1.85%). Nat-gas prices settled higher on Friday, garnering carry-over support from a sharp...
Barchart · Fri Jul 17, 10:39AM CDT
August WTI crude oil (CLQ26 ) today is up +2.16 (+2.74%), and August RBOB gasoline (RBQ26 ) is up +0.1049 (+3.19%). Crude oil and gasoline prices are moving...
Barchart · Fri Jul 17, 9:30AM CDT
FuelCell's new Siemens partnership targets commercial projects of 100 MW and up, the exact threshold management says it needs to turn its EBITDA positive....
Blue Line Futures · Fri Jul 17, 9:06AM CDT
The war with Iran is escalating this morning as the IRGC instructed the Houthi's in Yemen to close the Bab el-Mandeb gateway to the Red Sea if the US strikes...
Barchart · Fri Jul 17, 3:12AM CDT
Pinnacle West Capital will release its second-quarter earnings next month, and analysts anticipate a single-digit profit dip.
Barchart · Sat Jul 18, 12:30PM CDT
The easy gains from AI may be over, but few companies still stand to benefit from the next wave of AI infrastructure spending.
Barchart · Sat Jul 18, 10:45AM CDT
Citi cut its Microsoft price target from $620 to $570 while maintaining a 'Buy' rating, citing ongoing software multiple compression after the stock dropped...
Barchart · Sat Jul 18, 10:30AM CDT
Among the 14 S&P 500 stocks that have surged more than 100% so far this year, Micron stands out as my top pick.
Barchart · Sat Jul 18, 10:15AM CDT
Micron is expanding its automotive footprint with a string of strategic deals. Could this latest move add more fuel to MU stock’s remarkable rally?
Barchart · Sat Jul 18, 10:00AM CDT
Mark Cuban shares what he’d do with a $100,000 windfall, including paying off debt, buying household essentials in bulk and explaining why keeping cash...
Barchart · Sat Jul 18, 9:30AM CDT
Palo Alto’s recurring revenue continues to grow rapidly, platform adoption is strengthening customer relationships, and AI security is emerging as a...
Barchart · Sat Jul 18, 9:00AM CDT
After more than a decade of being starved for yield by the Federal Reserve, the bond market is finally offering us a clean, honest 5% return on zero-risk...
Barchart · Sat Jul 18, 9:00AM CDT
AST SpaceMobile has announced a $1 billion convertible offering triggering dilution concerns among investors.