Crude Oil Brent F Aug '24 (QAQ24)
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 · 34 minutes ago
Soybeans faded lower into the Wednesday close, with contracts down 6 ¾ to 9 cents on the day. The cmdtyView national average Cash Bean price was down...
Barchart · 34 minutes ago
Corn futures posted losses of 1 to 2 ¾ cents in the front months, with deferred contracts steady to ¾ cent higher. The CmdtyView national average Cash...
Barchart · 34 minutes ago
The wheat complex saw contracts fade lower on Wednesday. Chicago SRW contracts were steady to a penny lower at the close. KC HRW futures saw nearby July...
Barchart · 34 minutes ago
Lean hog futures closed Wednesday with mixed trade, with front months down 30 to 52 cents and deferred contracts 10 to 40 cents higher. USDA’s national...
Barchart · 34 minutes ago
Cotton futures posted midweek losses of 187 to 247 points across the front months on Wednesday. Crude oil was down another $3.34/bbl to $69.87. The US...
Barchart · 34 minutes ago
Live cattle futures were 52 cents to $1.32 higher on Wednesday. Cash trade saw some light $260 live and $408 dressed in the north on Wednesday. The Wednesday...
Barchart · 1 hour ago
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