Crude Oil Brent F Mar '23 (QAH23)
Crude Oil Brent (F) Futures Market News and Commentary
August WTI crude oil (CLQ26) on Wednesday closed down -2.87 (-3.92%), and August RBOB gasoline (RBQ26) closed down -0.0669 (-2.34%).
Crude oil and gasoline prices sold off sharply on Wednesday, with crude oil posting a 3.5-month low. Wednesday’s rally in the dollar index ($DXY) to a 13-month high weighed on energy prices. Also, the resumption of crude supplies through the reopened Strait of Hormuz has eased global oil supply concerns and is undercutting crude prices. Wednesday’s weekly EIA inventory report was mixed for crude oil and products.Â
Crude prices sank on Wednesday as more tankers openly crossed the Strait of Hormuz, boosting global crude supplies. Vessels are transiting the waterway with their satellite signals switched on, indicating growing confidence among shipowners. Also, the International Maritime Organization said it had received guarantees allowing hundreds of ships to exit the Persian Gulf.
The resumption of vessel traffic through the Strait... Read more
Barchart · Wed Jun 24, 2:16PM CDT
August WTI crude oil (CLQ26 ) on Wednesday closed down -2.87 (-3.92%), and August RBOB gasoline (RBQ26 ) closed down -0.0669 (-2.34%). Crude oil and gasoline...
Barchart · Wed Jun 24, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Wednesday closed up +0.074 (+2.35%). Nat-gas prices moved higher on Wednesday as US weather forecasts shifted to hotter,...
Blue Line Futures · Wed Jun 24, 10:57AM CDT
Crude continues to weaken as Iran and gulf neighbors, alongside the West, improve relations and take steps towards a lasting peace agreement. While this...
Barchart · Wed Jun 24, 10:45AM CDT
August WTI crude oil (CLQ26 ) today is down -3.02 (-4.13%), and August RBOB gasoline (RBQ26 ) is down -0.0842 (-2.95%). Crude oil and gasoline prices are...
Barchart · Wed Jun 24, 9:00AM CDT
Fervo Energy partnered with Nvidia and the Pacific Northwest National Laboratory to develop EGS-Twin, a digital twin platform that uses real-time data...
Barchart · Tue Jun 23, 2:17PM CDT
August WTI crude oil (CLQ26 ) on Tuesday closed down -0.65 (-0.88%), and August RBOB gasoline (RBQ26 ) closed down -0.0211 (-0.73%). Crude oil and gasoline...
Barchart · 1 minute ago
September ICE NY cocoa (CCU26 ) on Thursday closed up +274 (+5.51%), and July ICE London cocoa #7 (CAN26 ) closed up +173 (+4.63%). Cocoa prices extended...
Barchart · 2 minutes ago
September arabica coffee (KCU26 ) on Thursday closed down -0.80 (-0.29%), and September ICE robusta coffee (RMU26 ) closed up +57 (+1.58%). Coffee prices...
Barchart · 3 minutes ago
M&T Bank is scheduled to report its second-quarter results next month, and analysts expect a single-digit earnings growth.
Barchart · 40 minutes ago
With both the Power and Electrification segments benefiting from long-term trends, GE Vernova’s growth outlook remains favorable.
Barchart · 44 minutes ago
Nancy Pelosi disclosed a new Intel position, but investors should focus on the chipmaker’s turnaround, valuation, and earnings momentum.
Barchart · 56 minutes ago
Warner Bros. Discovery’s July 30 $28 call had the highest Vol/OI ratio yesterday. The unusual options activity in this call and one other suggests someone...
Barchart · 1 hour ago
Soybeans are up 12 to 17 cents in most contracts on Thursday. The cmdtyView national average Cash Bean price is up 13 1/4 cents at $10.72 1/2. Soymeal...
Barchart · 1 hour ago
Cotton futures are trading with most contracts 50 to 85 points higher, as nearby July is down 187 points. Crude oil is down another $1.09 /bbl to $71.43....