Crude Oil WTI Oct '20 (CLV20)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26) closed up +0.0753 (+2.66%).
Crude oil and gasoline prices settled sharply higher on Monday amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the strait. Crude prices also found support on Monday from a weaker dollar and strength in equity markets. Crude prices fell back from their best level after the US and Iran backed away from a fresh escalation of hostilities and agreed to stop attacking each other.
Crude prices jumped on Monday on concerns about the viability of the current ceasefire between the US and Iran. Late Friday, the US attacked several Iranian military installations in retaliation for Iran’s attack on Thursday of a container ship in the strait. The US then attacked Iran again on Saturday after Iran attacked a tanker carrying Qatari oil and launched drone and missile attacks against US bases in Bahrain and Ku... Read more
Barchart · Mon Jun 29, 2:13PM CDT
August WTI crude oil (CLQ26 ) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0753 (+2.66%). Crude oil and gasoline...
Barchart · Mon Jun 29, 2:12PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed down -0.098 (-2.99%). Nat-gas prices fell to a 1-week low on Monday and settled sharply lower. Ramped-up...
Blue Line Futures · Mon Jun 29, 1:36PM CDT
Crude is up as Iran and the US traded strikes over the weekend. Iran has struck tankers crossing the strait and the US has retaliated as the "cease-fire"...
Barchart · Mon Jun 29, 12:18PM CDT
Jefferies upgraded FuelCell to "Buy," citing Fit Energy deal as pivotal toward its investment thesis.
Barchart · Mon Jun 29, 10:35AM CDT
August WTI crude oil (CLQ26 ) today is up +1.23 (+1.78%), and August RBOB gasoline (RBQ26 ) is up +0.0732 (+2.59%). Crude oil and gasoline prices are moving...
Barchart · Mon Jun 29, 4:54AM CDT
Halliburton will release its second-quarter earnings next month, and analysts anticipate a low single-digit profit dip.
Barchart · 14 minutes ago
Meta has announced a flurry of new initiatives and is reportedly looking to launch a prediction markets app. While these are steps in the right direction,...
Barchart · 19 minutes ago
As PulteGroup is gearing up to report its fiscal Q2 earnings report next month, analysts predict its earnings to come in lower than a year ago.
Barchart · 21 minutes ago
Palantir stock inches up on a fresh AI partnership with Nvidia. But does that warrant buying PLTR shares at about 97x forward earnings?
Barchart · 21 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · 40 minutes ago
SpaceX's revenue could surge far beyond current forecasts as it expands into AI infrastructure. But unless it proves those new businesses can generate...
Barchart · 52 minutes ago
SpaceX is expanding beyond rockets with a new Texas pipeline project as investors bet on the company's long-term AI, Starlink, and Starship growth ambitions....
Barchart · 55 minutes ago
The dollar index (DXY00 ) today is up by +0.21%. The dollar is moving higher on month- and quarter-end demand, with today being the last trading day of...
Barchart · 55 minutes ago
FuelCell stock rips higher on a $49 million financing package from EXIM. But Wall Street recommends caution in playing FCEL shares.