Crude Oil Brent F Oct '23 (QAV23)
Crude Oil Brent (F) Futures Market News and Commentary
May WTI crude oil (CLK26) today is up +5.91 (+6.12%), and May RBOB gasoline (RBK26) is up +0.1254 (+4.13%). Â Crude oil and gasoline prices are sharply higher today after peace talks between the US and Iran broke down over the weekend and President Trump imposed a blockade in the Strait of Hormuz. Â
Crude prices surged today when President Trump said the US will begin a full naval blockade of the Strait of Hormuz and threatened to attack any Iranian vessels that approach US ships in the strait. Â The blockade could exacerbate global oil and fuel shortages. Â Iran said it would target all ports in the Persian Gulf if its own shipping hubs were threatened.
Crude prices also have support after Saudi Arabia’s press agency said last Thursday that Iranian drone and missile attacks on Saudi energy infrastructure have taken more than 600,000 bpd of Saudi crude production capacity offline.
Persian Gulf oil producers have been forced to cut production by roughly 6% due to the c... Read more
Barchart Mon Apr 13, 10:33AM CDT
May WTI crude oil (CLK26 ) today is up +5.91 (+6.12%), and May RBOB gasoline (RBK26 ) is up +0.1254 (+4.13%). Crude oil and gasoline prices are sharply...
Barchart Sun Apr 12, 5:21PM CDT
First Solar will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
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Not since the Suez Canal crisis in 1956, has a single nautical passageway had so much influence on the whole world.
Barchart Fri Apr 10, 2:18PM CDT
May WTI crude oil (CLK26 ) on Friday closed down -1.30 (-1.33%), and May RBOB gasoline (RBK26 ) closed up +0.0366 (+1.22%). Crude oil and gasoline prices...
Barchart Fri Apr 10, 2:17PM CDT
May Nymex natural gas (NGK26 ) on Friday closed down -0.022 (-0.82%). Nat-gas prices tumbled to a fresh 7.5-month nearest-futures low on Friday and settled...
Barchart 21 minutes ago
Today, a Barchart report shows that several large tranches of options trades in Intel puts and calls have traded. INTC stock has been rising, and these...
Barchart 29 minutes ago
The wheat complex is showing strength on Friday. Chicago SRW futures are trading with 13 to 15 cent gains at midday. KC HRW futures are 17 to 19 cents...
Barchart 29 minutes ago
Live cattle futures are mixed, with contracts 75 cents lower to 20 cents higher. Cash trade saw trade at $248-249 in the South last week with some northern...
Barchart 29 minutes ago
Lean hog futures are trading with 12 to 65 cents at midday. USDA’s national base hog price was reported at $89.23 on Monday morning, down 16 cents from...
Barchart 29 minutes ago
Cotton are extending the gains, with contracts up 40 to 66 points at midday. The US dollar index is $0.039 lower at $98.400. Crude oil is back up just...
Barchart 29 minutes ago
Soybeans are trading with front month losses of 8 to 9 cents and new crop down 3 to 5 cents. The cmdtyView national average Cash Bean price is down 8 1/2...
Barchart 29 minutes ago
Corn futures are trading with 2 to 3 ½ cent gains at Monday’s midday. The CmdtyView national average Cash Corn price is up 2 cents at $4.05 1/4. Crude...
Barchart 35 minutes ago
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