Crude Oil WTI Sep '25 (CLU25)
Crude Oil WTI Futures Market News and Commentary
July WTI crude oil (CLN26) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26) closed down -0.0127 (-0.40%).
Crude oil prices rallied to a 1.5-week high on Wednesday and settled sharply higher as clashes between the US and Iran cast doubt on prospects for a peace deal that would reopen the Strait of Hormuz. Crude prices added to their gains, and gasoline prices fell after Wednesday’s weekly EIA report showed that crude inventories fell more than expected and gasoline stockpiles unexpectedly rose.
Crude prices jumped on Wednesday after US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Gulf states, escalating tensions and reducing chances that the Strait of Hormuz will open any time soon. Shortly after disabling an empty oil tanker heading back to Iran, the US military said it came under missile and drone attacks as Iran targeted the US’s Bahrain naval base and the Ali Al-Salem airbase in Kuwait. US forces struck a commun... Read more
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July WTI crude oil (CLN26 ) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26 ) closed down -0.0127 (-0.40%). Crude oil prices rallied...
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July WTI crude oil (CLN26 ) today is up +1.80 (+1.93%), and July RBOB gasoline (RBN26 ) is up +0.0155 (+0.49%). Crude oil prices are moving sharply higher...
Barchart · Tue Jun 2, 2:14PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed up +1.60 (+1.74%), and July RBOB gasoline (RBN26 ) closed up +0.0596 (+1.83%). Crude oil prices settled sharply...
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