Crude Oil Brent F Jan '24 (QAF24)
Crude Oil Brent (F) Futures Market News and Commentary
July WTI crude oil (CLN26) on Friday closed down -2.82 (-3.23%), and July RBOB gasoline (RBN26) closed down -0.0516 (-1.66%).
July WTI crude oil prices on Friday fell by -3.23%, adding to Thursday’s decline of -2.58%. Crude oil prices fell as reports circulated that an interim US-Iran peace agreement could be signed as early as this weekend, ending the military hostilities, reopening the Strait of Hormuz, and ending the US blockade on Iran and its oil exports. Negotiations would then begin on the more intractable issues, such as sanctions against Iran, the release of $24 billion of frozen Iranian assets, and the resolution of Iranian nuclear issues. However, Iran said its leaders still need to make a final decision on the proposed interim peace deal.
Oil prices fell sharply starting on Thursday after President Trump said he canceled planned military strikes against Iran, citing "discussions" with the Iranian leadership. He added that a "time and place of the signing"... Read more
Barchart · Fri Jun 12, 2:57PM CDT
July Nymex natural gas (NGN26 ) on Friday rose +0.033 (+1.07%). Nat-gas prices on Friday rallied +1.07%, overcoming part of Thursday’s sharp sell-off...
Barchart · Fri Jun 12, 2:14PM CDT
July WTI crude oil (CLN26 ) on Friday closed down -2.82 (-3.23%), and July RBOB gasoline (RBN26 ) closed down -0.0516 (-1.66%). July WTI crude oil prices...
Barchart · Fri Jun 12, 10:04AM CDT
NYMEX heating oil futures are a proxy for jet and diesel fuels, which are middle distillate products. Since Brent crude oil has a slightly higher sulfur...
Barchart · Fri Jun 12, 9:06AM CDT
American Water Works has underperformed the Utilities sector over the past year, and analysts are cautious about the stock’s prospects.
Barchart · Fri Jun 12, 5:05AM CDT
Friday morning in the commodity complex looks to be a classic case of doing the same thing over and over again and expecting different results.
Barchart · Thu Jun 11, 2:15PM CDT
July WTI crude oil (CLN26 ) on Thursday closed down -2.32 (-2.58%), and July RBOB gasoline (RBN26 ) closed down -0.0085 (-0.27%). Crude oil and gasoline...
Barchart · 41 minutes ago
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Barchart · 1 hour ago
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national...
Barchart · 1 hour ago
Cotton futures closed with 4 to 49 points on Friday, with July still down 81 points on the week, as December fell 106 points. Crude oil was down $3.50...
Barchart · 1 hour ago
Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents...
Barchart · 1 hour ago
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Barchart · 1 hour ago
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · 1 hour ago
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Barchart · Fri Jun 12, 3:45PM CDT
Stifel raised its price target on Carnival stock to $36. Analyst Steven Wieczynski explained his bullish view on CCL shares in a research note today.