Crude Oil WTI Nov '22 (CLX22)
Crude Oil WTI Futures Market News and Commentary
May WTI crude oil (CLK26) on Thursday closed up +3.40 (+3.72%), and May RBOB gasoline (RBK26) closed up +0.0945 (+3.08%). Â
Crude oil and gasoline prices rallied sharply on Thursday as the US naval blockade of the Strait of Hormuz entered its fourth day, curbing oil supplies from the Middle East. Â Gains in crude oil accelerated on Thursday after Bloomberg reported that some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months, dashing hopes of a speedy conclusion to the Iran conflict. Â Also, Thursday's rally in the S&P 500 to a new all-time high shows confidence in the economic outlook, which is supportive of energy demand and crude prices.
Crude prices fell back from their best level Thursday afternoon, after President Trump said the prospects for a peace deal with Iran are "looking very good," as the two sides are in discussions to extend a ceasefire that expires next week. Â President Trump also announced that Israel and Lebanon h... Read more
Barchart · 10 minutes ago
Trump is warning Americans that gas prices, now averaging over $4 per gallon, could stay elevated or rise further through November because the Iran conflict...
Barchart · 17 minutes ago
May WTI crude oil (CLK26 ) on Thursday closed up +3.40 (+3.72%), and May RBOB gasoline (RBK26 ) closed up +0.0945 (+3.08%). Crude oil and gasoline prices...
Barchart · 18 minutes ago
May Nymex natural gas (NGK26 ) on Thursday closed up +0.037 (+1.42%). Nat-gas prices settled higher on Thursday as a mixed US weather forecast sparked...
Barchart · 25 minutes ago
With Bloom riding one of the most dramatic runs in the clean energy space, is it a good time to buy the stock or hold off?
Barchart · 37 minutes ago
Markets across all asset classes have been following crude oil since late February. We witnessed an explosive rally from the late 2025 and early 2026 lows...
Barchart · Thu Apr 16, 11:47AM CDT
Oracle will source up to 2.8 GW of energy from the fuel cell company.
Barchart · 2 minutes ago
The dollar index (DXY00 ) on Thursday rose by +0.17%. The dollar recovered from a 6-week low on Thursday and moved higher as better-than-expected US economic...
Barchart · 12 minutes ago
Trump is warning Americans that gas prices, now averaging over $4 per gallon, could stay elevated or rise further through November because the Iran conflict...
Barchart · 17 minutes ago
Hims & Hers stock rallies as RFK Jr. says FDA may remove restrictions on certain peptides. But HIMS shares remain unattractive to own in 2026.
Barchart · 19 minutes ago
May WTI crude oil (CLK26 ) on Thursday closed up +3.40 (+3.72%), and May RBOB gasoline (RBK26 ) closed up +0.0945 (+3.08%). Crude oil and gasoline prices...
Barchart · 20 minutes ago
May Nymex natural gas (NGK26 ) on Thursday closed up +0.037 (+1.42%). Nat-gas prices settled higher on Thursday as a mixed US weather forecast sparked...
Barchart · 27 minutes ago
With Bloom riding one of the most dramatic runs in the clean energy space, is it a good time to buy the stock or hold off?
Barchart · 36 minutes ago
The market is trying to price in a happy ending before the script has actually been written.
Barchart · 39 minutes ago
Markets across all asset classes have been following crude oil since late February. We witnessed an explosive rally from the late 2025 and early 2026 lows...
