Crude Oil WTI Oct '13 (CLV13)
Crude Oil WTI Futures Market News and Commentary
July WTI crude oil (CLN26) on Tuesday closed down -3.10 (-3.40%), and July RBOB gasoline (RBN26) closed down -0.0495 (-1.61%).
Crude oil and gasoline prices fell sharply on Tuesday, with crude posting a 7-week low and gasoline posting an 8-week low. Crude prices retreated on Tuesday as the ceasefire between Israel and Iran appears to be holding, which improves the prospects for a deal to end the US-Iran war and reopen the Strait of Hormuz. Also, weakness in Chinese crude oil demand is undercutting oil prices.
Crude oil prices slumped on Tuesday after Iran and Israel agreed to end hostilities toward each other. President Trump today predicted a swift end to war with Iran and a subsequent fall in oil prices and said, “We’re in the final throes of what will be a very, very good deal, and that they could have at least an idea one or two days from now” about the deal.
Weakness in Chinese demand is bearish for crude oil prices. China’s May crude imports fell to about... Read more
Barchart · Tue Jun 9, 2:15PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed down -3.10 (-3.40%), and July RBOB gasoline (RBN26 ) closed down -0.0495 (-1.61%). Crude oil and gasoline...
Barchart · Tue Jun 9, 2:14PM CDT
July Nymex natural gas (NGN26 ) on Tuesday fell -0.007 (-0.22%). Nat-gas prices settled slightly lower on Tuesday but remained above Monday’s 1.5-week...
Barchart · Tue Jun 9, 12:30PM CDT
Today, a large, unusual volume in very long-dated, deep out-of-the-money put options traded in Honeywell International. Investors are bullish on HON stock,...
Barchart · Tue Jun 9, 10:37AM CDT
July WTI crude oil (CLN26 ) today is down -3.42 (-3.75%), and July RBOB gasoline (RBN26 ) is down -0.0636 (-2.07%). Crude oil and gasoline prices are sinking...
Barchart · Tue Jun 9, 7:21AM CDT
The US president's War on Iran has raised the discussion of WTI crude oil hitting $150. This isn't the first time we've heard this projection.
Blue Line Futures · Tue Jun 9, 6:24AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 678)
Barchart · 13 minutes ago
Cotton futures posted losses of 143 to 231 across most contracts on Tuesday. The outside factors are pressure, with crude oil down $2.60 to $88.70/barrels....
Barchart · 13 minutes ago
Corn futures fell back off midday gains on Tuesday, with contracts steady to 1 ½ cents lower, with a ¾ cent gain in front month July. The CmdtyView national...
Barchart · 13 minutes ago
Soybeans were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. The cmdtyView national average Cash Bean price was up 1/4 cent...
Barchart · 13 minutes ago
The wheat complex posted mixed action on Tuesday. Chicago SRW were up ½ to 2 cents in the front months on Tuesday, with other contracts down ¼ to 1 ½...
Barchart · 13 minutes ago
Live cattle futures saw gains of $1.50 to $2.97 most contracts on Tuesday. There were no deliveries issued on Tuesday, with the oldest long dated August...
Barchart · 13 minutes ago
Lean hog futures posted losses of 45 cents to $1.45 on Tuesday. USDA’s national base hog price was reported at $97.48 on Tuesday afternoon, up $1.37...
Barchart · 50 minutes ago
Nuvalent shares soar as GSK announces a $10.6 billion buyout deal. But is it too late already to invest in NUVL stock?
Barchart · 1 hour ago
Rivian stock is in focus as the company begins R2 deliveries. Here’s why the new SUV could drive RIVN shares higher over time.