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Crude Oil WTI Nov '31 (CLX31)

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Crude Oil WTI Futures Market News and Commentary

Crude Prices Fall on Long Liquidation Ahead of US-Iran Peace Talks

May WTI crude oil (CLK26) on Friday closed down -1.30 (-1.33%), and May RBOB gasoline (RBK26) closed up +0.0366  (+1.22%).  Crude oil and gasoline prices settled mixed on Friday.  Crude prices gave up an early advance on Friday and retreated amid heavy liquidation in crude oil futures ahead of Saturday's peace negotiations in Pakistan between the US and Iran.  Crude prices initially moved higher on Friday amid a weaker dollar and ongoing blockage of the Strait of Hormuz, which has disrupted crude oil flows from the Gulf and reduced global oil supplies.  

Crude prices also fell on Friday after Reuters reported that the US is likely to approve an extension of a waiver that would allow the sale of some Russian crude oil.  

Crude prices were pressured on Friday in hopes that this weekend's negotiations between the US and Iran will lead to a diplomatic solution to the war that allows crude supplies to flow again through the Strait of Hormuz.  It remains to be seen if there wi... Read more

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First Solar's Q1 2026 Earnings: What to Expect

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An oil tanker out at sea by Gerhard Traschutz via Pixabay
How the Strait of Hormuz ping pong ball is affecting commodity prices from soup to nuts

Not since the Suez Canal crisis in 1956, has a single nautical passageway had so much influence on the whole world.

USO : 130.84 (+4.82%)
CLK26 : 101.13 (+4.72%)
QAM26 : 100.05 (+5.09%)
USOY : 8.76 (+8.55%)
USOI : 59.69 (+2.12%)
A sunset over a fuel tanker by Sebastian via Pixabay
Crude Prices Fall on Long Liquidation Ahead of US-Iran Peace Talks

May WTI crude oil (CLK26 ) on Friday closed down -1.30 (-1.33%), and May RBOB gasoline (RBK26 ) closed up +0.0366 (+1.22%). Crude oil and gasoline prices...

CLK26 : 101.13 (+4.72%)
RBM26 : 3.0354 (+2.71%)
Triple natural gas flare burning at night by Kirsten Strickland via iStock
Mild US Weather Weighs on Nat-Gas Prices

May Nymex natural gas (NGK26 ) on Friday closed down -0.022 (-0.82%). Nat-gas prices tumbled to a fresh 7.5-month nearest-futures low on Friday and settled...

NGK26 : 2.670 (+0.83%)
Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_
Crude Prices Supported Ahead of Saturday’s US-Iran Peace Talks

May WTI crude oil (CLK26 ) today is up +1.05 (+1.07%), and May RBOB gasoline (RBK26 ) is up +0.0366 (+1.22%). Crude oil and gasoline prices are moving...

CLK26 : 101.13 (+4.72%)
RBM26 : 3.0354 (+2.71%)
Here's What to Expect From Palantir's Next Earnings Report

Palantir is expected to unveil its first-quarter results soon, and analysts are projecting a triple-digit rise in profit.

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XLK : 143.10 (+0.34%)
PLTR : 131.02 (+2.31%)
SanDisk Stock Is Up 2,640% in the Past Year. What’s Next?

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AXTI : 63.37 (-1.26%)
SNDK : 898.00 (+5.43%)
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As Super Micro Computer Unveils New Enterprise Solutions, Is SMCI Stock a Buy, Sell, or Hold?

Super Micro Computer just launched Gold Series enterprise servers and posted record Q2 revenue. But with margin pressure mounting, is SMCI stock worth...

SMCI : 24.89 (-1.46%)
Here's What to Expect From Seagate Technology's Next Earnings Report

Seagate Technology is all set to release its fiscal third-quarter earnings soon, and analysts project a robust double-digit profit rise.

STX : 502.44 (-0.14%)
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Stocks Retreat as US Set to Blockade the Strait of Hormuz

The S&P 500 Index ($SPX ) (SPY ) today is down -0.32%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.70%, and the Nasdaq 100 Index ($IUXX...

ALK : 38.66 (-2.13%)
MSTR : 129.04 (+0.31%)
UAL : 94.06 (-2.43%)
IDYA : 36.53 (+19.77%)
CVX : 190.43 (+1.00%)
SNDK : 898.00 (+5.43%)
GLXY : 21.78 (+0.55%)
$IUXX : 25,155.71 (+0.16%)
COIN : 171.50 (+2.17%)
ZNM26 : 111-020 (-0.03%)
OXY : 58.29 (+0.55%)
ESM26 : 6,853.50 (-0.03%)
Ares Management Earnings Preview: What to Expect

Ares Management is set to announce its first-quarter earnings next month, and Wall Street expects the company’s EPS to increase by double digits.

ARES : 101.76 (+1.29%)
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A $4.76B Reason to Buy Lockheed Martin Stock Amid the Ceasefire

Lockheed Martin has secured a $4.76 billion U.S. Army contract for its PAC-3 MSE.

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Humans Are ‘No Longer’ on the ‘Other Side of the Computer Screen’ as AI Agents, Bots Take Over the Internet

New data shows that AI bots now officially account for more than half of all online traffic. That means the era of SEO may be coming to a close, and there...

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