Crude Oil WTI Oct '32 (CLV32)
Crude Oil WTI Futures Market News and Commentary
October WTI crude oil (CLV26) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0598 (+2.00%).
Crude oil and gasoline prices settled mixed on Friday. Crude prices posted modest losses on Friday after the dollar index ($DXY) rallied to a 2-week high. Also, signs of larger crude supplies transiting through the Strait of Hormuz are bearish for crude. Losses and crude were limited after President Trump signaled the US has no interest in returning to the terms of the deal it signed with Iran in June, casting doubt on oil flows from the Middle East returning to normal anytime soon.
Crude prices are under pressure on signs of larger oil supplies leaving the Middle East. Goldman Sachs said oil exports from the Persian Gulf have risen to 15 million to 16 million bpd, about two-thirds of pre-war levels.
Crude prices also weakened on Friday amid reports that Venezuela is considering leaving OPEC, which could increase the chances of a pr... Read more
Barchart · Fri Aug 28, 2:14PM CDT
October WTI crude oil (CLV26 ) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26 ) closed up +0.0598 (+2.00%). Crude oil and gasoline...
Barchart · Fri Aug 28, 2:13PM CDT
October Nymex natural gas (NGV26 ) on Friday closed down -0.026 (-0.89%). Nat-gas prices settled lower on Friday ahead of Energy Transfer LP’s scheduled...
Barchart · Fri Aug 28, 10:44AM CDT
October WTI crude oil (CLV26 ) is down -0.35 (-0.42%) today, and October RBOB gasoline (RBV26 ) is up +0.0510 (+1.71%). Crude oil and gasoline prices are...
Blue Line Futures · Fri Aug 28, 8:52AM CDT
Crude finished higher yesterday after reports surfaced that the US would not return to the terms of the most recent MOU with Iran, reinforcing Dan's bullish...
MoneyShow · Thu Aug 27, 5:41PM CDT
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Barchart · Thu Aug 27, 2:21PM CDT
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Barchart · 6 minutes ago
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December...
Barchart · 6 minutes ago
Lean hog futures were 90 cents to $1.27 higher to close Friday, with October up $1.02 on the week, led by the Friday strength. USDA’s national base hog...
Barchart · 6 minutes ago
Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents....
Barchart · 6 minutes ago
The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied 10 ½ to 24 ¼ cents across the...
Barchart · 6 minutes ago
Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December still held up for a weekly gain of 303...
Barchart · 6 minutes ago
Live cattle futures faced weakness on Friday, with contracts down 45 cents to $1.30, as October fell $6.20 on the week. Cash trade picked up later on Friday...
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.02%, and the Nasdaq...
Barchart · 1 hour ago
Marvell shares sink despite a strong Q2 print and future guidance. BofA and options data suggest buying the dip in MRVL stock.