Crude Oil WTI Nov '16 (CLX16)
Crude Oil WTI Futures Market News and Commentary
October WTI crude oil (CLV26) closed down -0.13 (-0.16%) on Wednesday, and October RBOB gasoline (RBV26) closed up +0.0309 (+1.05%).
Crude oil and gasoline prices settled mixed on Wednesday, with crude oil falling to a 1.5-week low. Crude prices fell slightly on Wednesday, adding to this week’s losses, as Iran and Oman discussed a potential deal to resume shipping through the Strait of Hormuz. Crude prices recovered from their worst level, and gasoline erased early losses and turned higher on a bullish EIA inventory report.
Crude prices came under pressure on Wednesday after the Oman News Agency reported that Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an initiative to establish a "temporary joint maritime corridor" aimed at resuming transit through the Strait of Hormuz. Iran’s Tasmin News Agency reported that the two sides will hold further talks to “negotiate a new permanent route within 30 to 60 days” for shipping throu... Read more
Barchart · Wed Aug 26, 2:14PM CDT
October WTI crude oil (CLV26 ) closed down -0.13 (-0.16%) on Wednesday, and October RBOB gasoline (RBV26 ) closed up +0.0309 (+1.05%). Crude oil and gasoline...
Barchart · Wed Aug 26, 2:13PM CDT
September Nymex natural gas (NGU26 ) on Wednesday closed up +0.072 (+2.60%). Nat-gas prices rallied to a 1-month high on Wednesday and settled sharply...
Barchart · Wed Aug 26, 10:42AM CDT
October WTI crude oil (CLV26 ) is down -0.04 (-0.05%) today, and October RBOB gasoline (RBV26 ) is up +0.04043 (+1.38%). Crude oil and gasoline prices...
Barchart · Wed Aug 26, 6:17AM CDT
With fund money pouring into the Grains sector, the spotlight is on two markets as the new positioning week gets under way: Wheat (the Cockroach) and Corn...
Barchart · Tue Aug 25, 2:15PM CDT
October WTI crude oil (CLV26 ) closed down -2.65 (-3.12%) on Tuesday, and October RBOB gasoline (RBV26 ) closed down -0.0391 (-1.32%). Crude oil and gasoline...
Barchart · Tue Aug 25, 2:14PM CDT
September Nymex natural gas (NGU26 ) on Tuesday closed down -0.012 (-0.43%). Nat-gas prices settled lower on Tuesday in sympathy with the -3% plunge in...
Barchart · 3 minutes ago
TransDigm Group has significantly underperformed the market, while analysts remain moderately optimistic about its future prospects.
Barchart · 4 minutes ago
Wheat is extending strength to Thursday morning, with contracts up 4 to 7 cents across the three markets. The wheat complex rallied on Wednesday with escalating...
Barchart · 4 minutes ago
Lean hog futures posted 20 to 67 cent gains across most contracts on Wednesday. Open interest was up 2,684 contracts, suggesting modest new buying. USDA’s...
Barchart · 4 minutes ago
Live cattle futures came back to close Wednesday mixed, with contracts mostly 37 to 82 cents higher and October down 17 cents. Open interest was up 669...
Barchart · 4 minutes ago
Cotton price action is down 22 to 10 points higher so far on Thursday morning. Futures posted strength on the Wednesday session with contracts up 25 to...
Barchart · 4 minutes ago
Corn prices are showing losses of 2 to 3 cents early on Thursday morning. Futures rallied to 3-year highs on Wednesday with contracts closing 10 to 13...
Barchart · 4 minutes ago
Soybeans are showing 4 to 5 cent losses so far on Thursday. Futures posted gains of 20 to 28 ½ cents across most contracts at the Wednesday close, with...
Barchart · 13 minutes ago
Snap-on has outperformed the market, with steady earnings growth and bullish analyst sentiment supporting a positive outlook.