Crude Oil WTI Nov '24 (CLX24)
Crude Oil WTI Futures Market News and Commentary
July WTI crude oil (CLN26) on Thursday closed down -0.19 (-0.25%), and July RBOB gasoline (RBN26) closed up +0.0853 (+2.93%).
Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 3.5-month low.  Thursday's rally in the dollar index ($DXY) to a 13-month high is bearish for crude oil prices. Also, Wednesday night's action by President Trump to sign a preliminary deal to end the US-Iran war has reopened the Strait of Hormuz and allowed the restart of millions of barrels of oil exports, boosting global oil supplies. Pre-weekend short covering lifted prices off of their worst levels on Thursday, with US markets closed on Friday for the Juneteenth holiday.
Wednesday night, President Trump signed a memorandum of understanding in Paris, formally extending the US-Iran ceasefire for 60 days, reopening the Strait of Hormuz, and launching a further round of negotiations to permanently end the war. Â
The resumption of vessel traffic through the Stra... Read more
Barchart · Thu Jun 18, 2:13PM CDT
July WTI crude oil (CLN26 ) on Thursday closed down -0.19 (-0.25%), and July RBOB gasoline (RBN26 ) closed up +0.0853 (+2.93%). Crude oil and gasoline...
Barchart · Thu Jun 18, 2:12PM CDT
July Nymex natural gas (NGN26 ) on Thursday closed up +0.088 (+2.80%). Nat-gas prices settled sharply higher on Thursday on a smaller-than-expected increase...
Barchart · Thu Jun 18, 10:34AM CDT
July WTI crude oil (CLN26 ) today is down -2.90 (-3.78%), and July RBOB gasoline (RBN26 ) is down -0.0349 (-1.20%). Crude oil and gasoline prices are retreating...
Blue Line Futures · Thu Jun 18, 8:27AM CDT
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Barchart · Thu Jun 18, 7:00AM CDT
With another US holiday on the calendar for Friday, Thursday is the last trading day of the week, and it promises to be a doozy.
Barchart · Wed Jun 17, 2:14PM CDT
July WTI crude oil (CLN26 ) on Wednesday closed up +0.74 (+0.97%), and July RBOB gasoline (RBN26 ) closed up +0.0291 (+1.01%). Crude oil and gasoline prices...
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The wheat complex fell back into the long weekend with losses across the three exchanges. Chicago SRW contracts were down 1 ½ to 7 ¼ cents at the close,...