Crude Oil Brent F Aug '23 (QAQ23)
Crude Oil Brent (F) Futures Market News and Commentary
September WTI crude oil (CLU26) today is down -3.77 (-4.72%), and September RBOB gasoline (RBU26) is down -0.1201 (-4.05%).
Crude oil and gasoline prices are sharply lower today for a second day, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low. Growing hopes that the US and Iran are moving to a deal to reopen the Strait of Hormuz are weighing on crude prices. Also, an increase in Saudi oil exports through the Red Sea is boosting global crude supplies and undercutting oil prices.
Crude prices are slumping today after a Qatari spokesman said a proposed resolution “is being circulated between the US and Iran,” cautioning that a deal has not yet been reached. Crude prices extended their losses today when Treasury Secretary Bessent said: “There is a chance we may have a deal today or tomorrow to open the strait.” Also, the key Saudi export port of Yanbu in the Red Sea had its busiest day on Monday since Houthi rebels began att... Read more
Barchart · 1 hour ago
September WTI crude oil (CLU26 ) today is down -3.77 (-4.72%), and September RBOB gasoline (RBU26 ) is down -0.1201 (-4.05%). Crude oil and gasoline prices...
Barchart · Tue Aug 4, 10:12AM CDT
ConocoPhillips has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.
Blue Line Futures · Tue Aug 4, 9:25AM CDT
Crude found some footing Monday after Sunday night's sharp gap lower, with dip buyers stepping in through the US session even though the bigger institutional...
Barchart · Mon Aug 3, 2:14PM CDT
September WTI crude oil (CLU26 ) closed down -4.33 (-5.11%) on Monday, and September RBOB gasoline (RBU26 ) closed down -0.1475 (-4.74%). Crude oil and...
Barchart · Mon Aug 3, 2:13PM CDT
September Nymex natural gas (NGU26 ) closed up +0.034 (+1.24%) on Monday. Nat-gas prices settled higher on Monday as increased flows to liquefied natural...
Barchart · Mon Aug 3, 1:28PM CDT
A subscription to the US president's social media site, where you too can get insider trading, market making posts before they happen, costs only $100,000...
Barchart · 4 minutes ago
Today, there is unusually large trading volume in Marvell Technology (MRVL) call options, over 50x normal. Investors are bullish on MRVL stock, pushed...
Barchart · 13 minutes ago
Cotton futures are down 25 to 30 points in most contracts, with October down 129 points. Crude oil was down $4.30 per barrel, with the US dollar index...
Barchart · 13 minutes ago
Live cattle futures are 50 to 75 cents higher so far. Cash trade was at $232-233 last week, with a few at $235. Trade has been quiet so far despite early...
Barchart · 13 minutes ago
Lean hog futures are 20 to 55 cents higher across most contracts on Tuesday. USDA’s national base hog price was reported at $99.43 on Tuesday morning....
Barchart · 13 minutes ago
The wheat complex is trading with contracts lower at midday. Chicago SRW contracts are 12 to 14 cents in the red. KC HRW futures are 10 to 12 cents lower...
Barchart · 13 minutes ago
Soybeans are falling 18 to 20 cents across the board on Tuesday, pressured by weaker products, crude and a wetter forecast. The cmdtyView national average...
Barchart · 13 minutes ago
Corn futures are trading with 7 to 8 cent losses across most contracts at midday on Tuesday, reverting from Monday gains. Crude oil, down $4.30, is adding...
Barchart · 1 hour ago
October NY world sugar #11 (SBV26 ) today is up +0.04 (+0.27%), and October London ICE white sugar #5 (SWV26 ) is up +3.20 (+0.69%). Sugar prices extended...