Crude Oil Brent F May '25 (QAK25)
Crude Oil Brent (F) Futures Market News and Commentary
July WTI crude oil (CLN26) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26) closed down -0.0127 (-0.40%).
Crude oil prices rallied to a 1.5-week high on Wednesday and settled sharply higher as clashes between the US and Iran cast doubt on prospects for a peace deal that would reopen the Strait of Hormuz. Crude prices added to their gains, and gasoline prices fell after Wednesday’s weekly EIA report showed that crude inventories fell more than expected and gasoline stockpiles unexpectedly rose.
Crude prices jumped on Wednesday after US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Gulf states, escalating tensions and reducing chances that the Strait of Hormuz will open any time soon. Shortly after disabling an empty oil tanker heading back to Iran, the US military said it came under missile and drone attacks as Iran targeted the US’s Bahrain naval base and the Ali Al-Salem airbase in Kuwait. US forces struck a commun... Read more
Barchart · Wed Jun 3, 2:15PM CDT
July WTI crude oil (CLN26 ) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26 ) closed down -0.0127 (-0.40%). Crude oil prices rallied...
Barchart · Wed Jun 3, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Wednesday rose +0.047 (+1.48%). Nat-gas prices moved higher on Wednesday on the outlook for a below-average build in...
Barchart · Wed Jun 3, 10:40AM CDT
July WTI crude oil (CLN26 ) today is up +1.80 (+1.93%), and July RBOB gasoline (RBN26 ) is up +0.0155 (+0.49%). Crude oil prices are moving sharply higher...
Barchart · Tue Jun 2, 2:14PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed up +1.60 (+1.74%), and July RBOB gasoline (RBN26 ) closed up +0.0596 (+1.83%). Crude oil prices settled sharply...
Barchart · Tue Jun 2, 2:12PM CDT
July Nymex natural gas (NGN26 ) on Tuesday fell -0.012 (-0.38%). Nat-gas prices settled lower on Tuesday for a second session, as US LNG export volumes...
Barchart · Tue Jun 2, 10:39AM CDT
July WTI crude oil (CLN26 ) today is down -0.29 (-0.31%), and July RBOB gasoline (RBN26 ) is up +0.0390 (+1.26%). Crude oil prices are under pressure today...
Barchart · 31 minutes ago
Despite NXP Semiconductors' outperformance relative to its industry peers over the past year, Wall Street analysts maintain a cautiously optimistic outlook...
Barchart · 1 hour ago
FedEx is expected to announce its sixth consecutive dividend hike with Q4 results scheduled on 23 June.
Barchart · Wed Jun 3, 5:12PM CDT
The wheat complex continued the downtrend on Wednesday, with losses across the three exchanges. Chicago SRW futures fell 11 to 15 ¾ cents into the Wednesday...
Barchart · Wed Jun 3, 5:12PM CDT
Soybeans broke to the downside on Wednesday, with contracts down 8 ½ to 11 ¼ cents at the close. The cmdtyView national average Cash Bean price was...
Barchart · Wed Jun 3, 5:12PM CDT
Cotton futures posted weakness in the front months of 3 to 31 points, with deferred contracts steady to 26 points higher on Wednesday. The US dollar index...
Barchart · Wed Jun 3, 5:12PM CDT
Corn futures continued the recent slide to new lows for the move on Wednesday, down 5 to 9 cents in most contracts. July closed in on the contract low,...
Barchart · Wed Jun 3, 5:12PM CDT
Live cattle futures ended the Wednesday session with contracts down $1.05 to $2.42 on the day. Cash trade started this week at $255, creeping up to $256...
Barchart · Wed Jun 3, 5:12PM CDT
Lean hog futures closed the midweek session with contracts up 35 cents to $1.15. USDA’s national base hog price was reported at $94.36 on Wednesday afternoon,...
