Crude Oil Brent F May '24 (QAK24)
Crude Oil Brent (F) Futures Market News and Commentary
September WTI crude oil (CLU26) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26) closed up +0.0012 (+0.04%).
Crude oil and gasoline prices settled higher on Tuesday, with crude oil climbing to a 1-week high and gasoline posting a 1.5-week high. Crude prices were volatile on Tuesday, whipsawing lower and higher on news headlines. The lack of an agreement between Iran and Oman to reopen the Strait of Hormuz is limiting crude supplies from the Middle East and is underpinning oil prices. Crude prices regained upward momentum Tuesday afternoon when Iran's state-owned Islamic Republic of Iran Broadcasting (IRIB) said the Strait of Hormuz would remain shut until all of its conditions are met.
However, gains in crude were limited after Pakistan signaled the US and Iran were close to an arrangement that could reopen the Strait of Hormuz. Al Jazeera said that talks between Oman and Iran to reopen the Strait of Hormuz have reached an advanced stage. Pak... Read more
Barchart · 16 minutes ago
September WTI crude oil (CLU26 ) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26 ) closed up +0.0012 (+0.04%). Crude oil and gasoline...
Barchart · 17 minutes ago
September Nymex natural gas (NGU26 ) closed down -0.027 (-0.97%) on Tuesday. Nat-gas prices fell from a 2-week high on Tuesday and settled lower. Gas...
Barchart · Tue Aug 11, 10:23AM CDT
September WTI crude oil (CLU26 ) is up +0.19 (+0.23%) today, and September RBOB gasoline (RBU26 ) is down -0.0376 (-1.20%). Crude oil and gasoline prices...
Barchart · Tue Aug 11, 10:08AM CDT
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Blue Line Futures · Tue Aug 11, 8:57AM CDT
Crude touched a high near $84.61 overnight after Pakistani officials signaled the US and Iran were close to a deal that would help reopen traffic through...
Barchart · Tue Aug 11, 6:17AM CDT
If I give you 10 guesses as to what had crude oil boiling again overnight, you would only need one to get the answer correct.
Barchart · 6 minutes ago
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Barchart · 15 minutes ago
September WTI crude oil (CLU26 ) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26 ) closed up +0.0012 (+0.04%). Crude oil and gasoline...
Barchart · 17 minutes ago
September Nymex natural gas (NGU26 ) closed down -0.027 (-0.97%) on Tuesday. Nat-gas prices fell from a 2-week high on Tuesday and settled lower. Gas...
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