Crude Oil Brent F Feb '24 (QAG24)
Crude Oil Brent (F) Futures Market News and Commentary
June WTI crude oil (CLM26) on Tuesday closed up +3.56 (+3.69%), and June RBOB gasoline (RBM26) closed up +0.0623 (+1.85%). Â Crude oil and gasoline prices rallied sharply for a second day on Tuesday, with crude oil posting a 2-week high, and gasoline posting a 3.75-year high. Â Crude prices continue to climb as stalled peace talks between the US and Iran are keeping the Strait of Hormuz closed, tightening global oil supplies.
Crude prices rallied on Tuesday after the New York Times reported that President Trump is not satisfied with Iran's latest proposal to reopen the Strait of Hormuz and end the war, which includes postponing nuclear negotiations. Â Mr. Trump has said any deal must include agreements to curb Iran's nuclear activities.
Crude prices fell from their best levels on Tuesday after CNN reported that mediators in Pakistan are expected to receive a revised proposal from Iran in the next few days to end the war. Â The consultation process is slow because of the diff... Read more
Barchart · Tue Apr 28, 2:20PM CDT
June WTI crude oil (CLM26 ) on Tuesday closed up +3.56 (+3.69%), and June RBOB gasoline (RBM26 ) closed up +0.0623 (+1.85%). Crude oil and gasoline prices...
Barchart · Tue Apr 28, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.009 (+0.35%). Nat-gas prices finished higher on Tuesday as the outlook for below-normal US spring...
Barchart · Tue Apr 28, 11:56AM CDT
With Emirati energy infrastructure taking hits from the Iran war, Treasury Secretary Bessent tries to stave off the ‘petroyuan’ era.
Barchart · Tue Apr 28, 10:41AM CDT
June WTI crude oil (CLM26 ) today is up +3.13 (+3.25%), and June RBOB gasoline (RBM26 ) is up +0.0241 (+0.72%). Crude oil and gasoline prices are sharply...
Barchart · Mon Apr 27, 2:55PM CDT
Oklo is partnering with Nvidia and Los Alamos National Laboratory to develop nuclear-powered AI factories.
Barchart · Mon Apr 27, 2:19PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +1.97 (+2.09%), and June RBOB gasoline (RBM26 ) closed up +0.0372 (+1.12%). Crude oil and gasoline prices...
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