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Crude Oil WTI Dec '25 (CLZ25)

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Crude Oil WTI Futures Market News and Commentary

Crude Oil Rallies as US Blockade of Strait of Hormuz Begins

May WTI crude oil (CLK26) on Monday closed up +2.51 (+2.60%), and May RBOB gasoline (RBK26) closed up +0.0787 (+2.59%).  Crude oil and gasoline prices settled sharply higher on Monday after peace talks between the US and Iran broke down over the weekend and President Trump imposed a blockade in the Strait of Hormuz.

Crude prices rallied on Monday when President Trump said the US began a full naval blockade of the Strait of Hormuz and threatened to attack any Iranian vessels that approach US ships in the strait.  The blockade could exacerbate global oil and fuel shortages.  Iran said it would target all ports in the Persian Gulf if its own shipping hubs were threatened.

However, crude prices gave up more than half of their advance on Monday when President Trump said that Iran still wanted to make a deal and reached out to the US over peace negotiations as the US began a naval blockade of the Strait of Hormuz.

The International Energy Agency (IEA) said Monday that ab... Read more

Strait of Hormuz by artemegorovv via Shutterstock
Crude Oil Rallies as US Blockade of Strait of Hormuz Begins

May WTI crude oil (CLK26 ) on Monday closed up +2.51 (+2.60%), and May RBOB gasoline (RBK26 ) closed up +0.0787 (+2.59%). Crude oil and gasoline prices...

CLK26 : 96.54 (-2.56%)
RBM26 : 3.0264 (-0.54%)
Jack up drilling rigs off coast by Elliot Day via Pixabay
Nat-Gas Prices Retreat on Above-Normal US Temps

May Nymex natural gas (NGK26 ) on Monday closed down -0.021 (-0.79%). Nat-gas prices retreated on Monday, sinking to a 17-month low. Forecasts for above-normal...

NGK26 : 2.601 (-0.99%)
A sunset over a fuel tanker by Sebastian via Pixabay
Crude Prices Jump as US Blockade of Strait of Hormuz Takes Hold

May WTI crude oil (CLK26 ) today is up +5.91 (+6.12%), and May RBOB gasoline (RBK26 ) is up +0.1254 (+4.13%). Crude oil and gasoline prices are sharply...

CLK26 : 96.54 (-2.56%)
RBM26 : 3.0264 (-0.54%)
First Solar Inc name on building-by Around the World Photos via Shutterstock
First Solar's Q1 2026 Earnings: What to Expect

First Solar will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

FSLR : 200.35 (-1.53%)
$SPX : 6,886.24 (+1.02%)
XLK : 145.61 (+2.10%)
2 pumpjacks at sunset by vadimrysev via iStock
A Practical Framework for Filtering and Selecting Seasonal Spreads

The edge in seasonal spreads doesn’t come from finding more trades—it comes from filtering out the wrong ones. This article outlines a practical framework...

An oil tanker out at sea by Gerhard Traschutz via Pixabay
How the Strait of Hormuz ping pong ball is affecting commodity prices from soup to nuts

Not since the Suez Canal crisis in 1956, has a single nautical passageway had so much influence on the whole world.

USO : 128.47 (+2.92%)
CLK26 : 96.54 (-2.56%)
QAM26 : 98.34 (-1.03%)
USOY : 8.67 (+7.43%)
USOI : 59.43 (+1.68%)
Cattle Close Mixed on Monday, with Feeders Posting Strength

Live cattle futures were mixed on Monday, with contracts $1.125 lower to 40 cents higher at the close. Last week’s cash trade was at $246-249 in the...

LEQ26 : 244.450s (-0.12%)
LEM26 : 248.525s (-0.27%)
LEJ26 : 250.650s (-0.45%)
GFK26 : 372.825s (+0.13%)
GFJ26 : 374.475s (+0.09%)
GFQ26 : 373.325s (+0.23%)
Corn Slips Lower into the Close

Corn futures failed to hold onto the Monday gains, closing with contracts steady to 1 ¼ cents lower and 5-6 cents off the highs. The CmdtyView national...

ZCZ26 : 473-0 (+0.42%)
ZCN26 : 453-2 (+0.50%)
ZCK26 : 442-4 (+0.51%)
ZCPZ26US.CM : 4.3157 (-0.26%)
ZCPAUS.CM : 4.0201 (-0.10%)
Soybeans Pressured Lower on Monday

Soybeans closed Monday with losses of 5 to 13 ¾ cents easing lower into the close. The cmdtyView national average Cash Bean price was down 13 1/2 cents...

ZSPAUS.CM : 10.9534 (-1.15%)
ZLN26 : 66.16 (-0.30%)
ZMN26 : 331.9 (+0.91%)
ZSPX26US.CM : 10.8275 (-0.73%)
ZSX26 : 1151-6 (+0.17%)
ZSK26 : 1165-2 (+0.26%)
ZSN26 : 1180-2 (+0.23%)
Cotton Rally Extends to Monday

Cotton extended the gains to Monday, with contracts up 64 to 131 points at the close. The US dollar index was $0.230 lower at $98.420. Crude oil was up...

CTN26 : 76.74 (+0.14%)
CTK26 : 74.64 (+0.15%)
CTZ26 : 77.86 (+0.06%)
Hogs Close Mixed on Monday

Lean hog futures closed the Monday session with front months down a nickel to 67 cents and deferreds 7 to 42 cents higher. USDA’s national base hog price...

HEK26 : 94.850s (-0.71%)
HEJ26 : 90.500s (-0.25%)
HEM26 : 103.125s (-0.58%)
Wheat Holds onto Rally on Monday, as Condition Ratings Slip

The wheat complex posted strength on Monday, with double digit gains across the three exchanges. Chicago SRW futures were 6 to 11 1/4 cents higher at the...

KEN26 : 619-0 (+0.41%)
KEK26 : 605-2 (+0.33%)
MWK26 : 6.2450 (unch)
ZWK26 : 582-6 (+0.09%)
ZWN26 : 591-4 (+0.04%)
Ignore the Anthropic Panic and Keep Buying Palantir Stock, Says Wedbush

Wedbush urges investors to tune out the Anthropic noise and keep buying Palantir, betting on its strong AI moat and solid fundamentals.

$SPX : 6,886.24 (+1.02%)
PLTR : 132.37 (+3.37%)
Is Netflix Stock a Buy Ahead of Its Q1 Earnings Report on April 16

Netflix will release Q1 earnings this week. NFLX stock is outperforming markets this year and looks like a decent buy at current levels.

NFLX : 103.16 (+0.15%)
$SPX : 6,886.24 (+1.02%)
WBD : 27.39 (-0.18%)
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