Crude Oil WTI Oct '25 (CLV25)
Crude Oil WTI Futures Market News and Commentary
August WTI crude oil (CLQ26) on Monday closed down -0.14 (-0.20%), and August RBOB gasoline (RBQ26) closed up +0.0860 (+2.95%).
Crude oil and gasoline prices settled mixed on Monday, with gasoline posting a 3-week high. Crude oil was under pressure on Monday as flows through the Strait of Hormuz continued to increase, boosting global oil supplies. Also, OPEC+ raised its crude oil production target on Sunday, a bearish factor for oil prices. Crude prices recovered from their worst levels on Monday, and gasoline rallied after the crude crack spread soared to a 4-year high.
Crude prices also fell on Monday after Saudi Arabia cut the price of its Arab Light oil to Asian customers for delivery next month by $11 a barrel, a larger decline than the -$8 a barrel expected.
Crude prices garnered support on Monday from a jump in the crude crack spread to a 4-year high. The stronger crack spread encourages refiners to increase their crude purchases and refine it into gaso... Read more
Barchart · Mon Jul 6, 2:15PM CDT
August WTI crude oil (CLQ26 ) on Monday closed down -0.14 (-0.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0860 (+2.95%). Crude oil and gasoline...
Barchart · Mon Jul 6, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Monday closed up +0.049 (+1.53%). Nat-gas prices settled higher on Monday amid speculation that the recent heatwave...
Barchart · Mon Jul 6, 10:57AM CDT
August WTI crude oil (CLQ26 ) today is up +0.23 (+0.33%), and August RBOB gasoline (RBQ26 ) is up +0.1010 (+3.46%). Crude oil and gasoline prices erased...
Barchart · Mon Jul 6, 9:21AM CDT
Although the reopening of the Strait of Hormuz presents a tough headwind for Halliburton, there may be a unique case for buying HAL stock.
Blue Line Futures · Mon Jul 6, 8:07AM CDT
***Abbreviated reports until Wednesday July 8th - Wednesday report scheduled for late afternoon - other reports to follow the regular schedule. Update:...
Barchart · Mon Jul 6, 6:30AM CDT
What sparked the wildfire across the commodity complex Sunday night through early Monday morning? Let's ask Barchart's AI analyst, CARL.
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