Crude Oil WTI Nov '22 (CLX22)
Crude Oil WTI Futures Market News and Commentary
June WTI crude oil (CLM26) on Tuesday closed up +4.11 (+4.19%), and June RBOB gasoline (RBM26) closed up +0.0979 (+2.72%). Crude oil and gasoline prices settled sharply higher for a second day on Tuesday after President Trump cast doubt over the ceasefire with Iran, which could lead to the escalation of hostilities that keep the Strait of Hormuz closed.
Crude prices raced to their highs Tuesday afternoon when President Trump said, "Iran will make a deal or be decimated." Crude prices continue to climb after President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. President Trump called Iran's response to his peace proposal a "piece of garbage" and said that the current ceasefire was on "life support."
Crude prices are also supported after President Trump said on Monday that the US may restart the operation as soon as this week to guide commercial ships through the Strait of Hormuz with naval and air support. Saudi Arabia and... Read more
Barchart · 16 minutes ago
Our senior market strategist explains why Fervo is one of the few IPOs to catch his eye, and what investors need to know now.
Blue Line Futures · Wed May 13, 5:52AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 658)
Barchart · Tue May 12, 2:38PM CDT
Tuesday's session brought to mind an old saying, “Even the sun shines on a cockroach some days”.
Barchart · Tue May 12, 2:19PM CDT
June WTI crude oil (CLM26 ) on Tuesday closed up +4.11 (+4.19%), and June RBOB gasoline (RBM26 ) closed up +0.0979 (+2.72%). Crude oil and gasoline prices...
Barchart · Tue May 12, 2:17PM CDT
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.067 (-2.30%). Nat-gas prices fell from a 6-week nearest-futures high on Tuesday and settled lower...
Barchart · Tue May 12, 10:34AM CDT
June WTI crude oil (CLM26 ) today is up +3.95 (+4.03%), and June RBOB gasoline (RBM26 ) is up +0.1110 (+3.08%). Crude oil and gasoline prices are moving...
Barchart · 9 minutes ago
ZoomInfo stock cratered after sweeping layoffs and weak guidance reignited fears that AI could disrupt the company’s core sales-intelligence business....
Barchart · 17 minutes ago
Our senior market strategist explains why Fervo is one of the few IPOs to catch his eye, and what investors need to know now.
Barchart · 19 minutes ago
Although Goldman Sachs has exceeded the broader market over the past 52 weeks, Wall Street analysts remain cautiously optimistic about the stock's prospects....
Barchart · 25 minutes ago
CBRE Group has lagged behind the broader market over the past year, yet analysts remain highly optimistic about the stock’s prospects.
Barchart · 39 minutes ago
A potential Apple partnership and a new street-high price target are fueling fresh optimism that Intel’s foundry ambitions may finally be paying off....
Barchart · 53 minutes ago
Although CF Industries has considerably outpaced the broader market over the past 52 weeks, Wall Street analysts maintain a cautious outlook about the...
Barchart · 1 hour ago
DaVita has outpaced the broader market over the past year, with Wall Street analysts maintaining a cautiously optimistic outlook on the stock’s long-term...
Barchart · 1 hour ago
UnitedHealth has substantially underperformed the broader market over the past year amid regulatory and operational challenges, although analysts continue...
