Crude Oil Brent F Nov '23 (QAX23)
Crude Oil Brent (F) Futures Market News and Commentary
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 gasoline prices settled sharply lower on Monday, with gasoline falling to a 3-week low. Easing tensions in the Middle East weighed on crude prices on Monday after President Trump called off planned strikes on Iran and Iran said progress was being made in negotiations with Oman to get more ships moving through the Strait of Hormuz.
Crude prices recovered slightly from their worst level Monday afternoon when President Trump said, “I want to give them every last chance before decapitation” and that the current negotiations to open the Strait are Iran’s “last chance” to sign an agreement.
Crude prices retreated on Monday in hopes that the Strait of Hormuz could soon be reopened as geopolitical tensions ease. President Trump called off a planned attack on Iran, and Iran suggested negotiations to get more ships moving th... Read more
Blue Line Futures · 33 minutes ago
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
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September WTI crude oil (CLU26 ) today is down -4.87 (-5.75%), and September RBOB gasoline (RBU26 ) is down -0.1186 (-3.81%). Crude oil and gasoline prices...
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