Crude Oil Brent F Nov '23 (QAX23)
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 · 24 minutes 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 · 47 minutes ago
ConocoPhillips has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.
Blue Line Futures · 1 hour 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
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
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Barchart · 6 minutes ago
Apple’s incoming CEO is already making moves that could hint at the company’s next chapter post-Tim Cook’s era.
Barchart · 9 minutes ago
September arabica coffee (KCU26 ) today is up +2.90 (+0.91%), and September ICE robusta coffee (RMU26 ) is up +62 (+1.64%). Coffee prices are moving higher...
Barchart · 20 minutes ago
Microsoft will be the European steelmaker's primary partner for cloud computing and analytics.
Barchart · 23 minutes 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 · 26 minutes ago
While Morgan Stanley has outpaced the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the stock’s...
Barchart · 29 minutes ago
During the PLTR Q2 conference call with analysts, CEO Alex Karp served up some fiery rhetoric about the moral and ethical issues he has with frontier AI...
Barchart · 30 minutes ago
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Barchart · 38 minutes ago
Uber is expected to deliver another quarter of robust growth, driven by continued strength in its Mobility and Delivery businesses.