Crude Oil WTI Dec '21 (CLZ21)
Crude Oil WTI Futures Market News and Commentary
July WTI crude oil (CLN26) on Tuesday closed up +1.60 (+1.74%), and July RBOB gasoline (RBN26) closed up +0.0596 (+1.83%).
Crude oil prices settled sharply higher on Tuesday amid uncertainty over when the US and Iran will agree to a peace deal reopening the Strait of Hormuz. Crude prices recovered from early losses and jumped Tuesday afternoon when the AFP reported that Hezbollah will not accept a “partial ceasefire” with Israel.
The lack of clarity over the potential extension of the current ceasefire and the reopening of the Strait of Hormuz is underpinning crude prices. On Tuesday, Secretary of State Rubio said that Iran has mined large portions of the Strait of Hormuz and that the US won’t give Iran sanctions relief in return for opening the strait.
Crude prices initially fell on Tuesday amid improved prospects for a peace deal between the US and Iran. President Trump said negotiations with Iran are continuing “at a rapid pace” and he’s optimistic the US ca... Read more
Barchart · Tue Jun 2, 2:14PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed up +1.60 (+1.74%), and July RBOB gasoline (RBN26 ) closed up +0.0596 (+1.83%). Crude oil prices settled sharply...
Barchart · Tue Jun 2, 2:12PM CDT
July Nymex natural gas (NGN26 ) on Tuesday fell -0.012 (-0.38%). Nat-gas prices settled lower on Tuesday for a second session, as US LNG export volumes...
Barchart · Tue Jun 2, 10:39AM CDT
July WTI crude oil (CLN26 ) today is down -0.29 (-0.31%), and July RBOB gasoline (RBN26 ) is up +0.0390 (+1.26%). Crude oil prices are under pressure today...
Wavetraders · Tue Jun 2, 12:41AM CDT
It would not be a surprise to see some rebound on the dollar because notice that we may be forming a flat correction that is now slowly approaching the...
Barchart · Mon Jun 1, 2:14PM CDT
July Nymex natural gas (NGN26 ) on Monday fell -0.111 (-3.37%). Nat-gas prices on Monday edged up to a new 2-month high but then fell back and closed sharply...
Barchart · Mon Jun 1, 2:02PM CDT
July WTI crude oil (CLN26 ) on Monday closed up +4.80 (+5.49%), and July RBOB gasoline (RBN26 ) closed up +0.0503 (+1.66%). Crude oil prices on Monday...
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