Crude Oil Brent F Dec '24 (QAZ24)
Crude Oil Brent (F) Futures Market News and Commentary
July WTI crude oil (CLN26) on Tuesday closed down -2.71 (-2.81%), and July RBOB gasoline (RBN26) closed down -0.2046 (-6.10%). Â Crude oil and gasoline prices settled sharply lower on Tuesday, with crude falling to a 2.5-week low and gasoline dropping to a 5-week low. Â Crude prices are under pressure amid signs that peace negotiations between the US and Iran are progressing, bolstering optimism that the Strait of Hormuz could soon reopen and replenish depleted global oil supplies. Â
Crude prices retreated on Tuesday on signs that peace negotiations between the US and Iran are progressing. Â According to the Washington Post, the US and Iran have agreed to a memorandum extending the ceasefire by 60 days as the two sides seek a permanent deal. Â If agreed, the Strait of Hormuz would be de-mined and reopened in the meantime. Â Secretary of State Rubio said negotiations will still "take a few days" as both sides discuss language in an initial document.
However, crude oil prices b... Read more
TradingView · 46 minutes ago
Investors and professionals remain optimistic about the market’s future, but the underlying fundamentals may be weaker than they look.
Blue Line Futures · 1 hour ago
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 668)
Barchart · Tue May 26, 2:20PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed down -2.71 (-2.81%), and July RBOB gasoline (RBN26 ) closed down -0.2046 (-6.10%). Crude oil and gasoline...
Barchart · Tue May 26, 2:19PM CDT
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.013 (-0.45%). Nat-gas prices on Tuesday fell to a 1-week low and settled lower amid forecasts...
Barchart · Tue May 26, 10:37AM CDT
July WTI crude oil (CLN26 ) today is down -2.28 (-2.36%), and July RBOB gasoline (RBN26 ) is down -0.1350 (-4.03%). Crude oil and gasoline prices are...
EdgeClear · Tue May 26, 7:12AM CDT
Crude oil has spent the past month navigating one of the most consequential geopolitical backdrops in recent memory. The US-Iran war and the effective...
Barchart · 13 minutes ago
Broadcom has visibility toward generating more than $100 billion in annual AI chip revenue by 2027, indicating significant acceleration in top-line growth....
Barchart · 31 minutes ago
Although IDEX Corporation has underperformed the broader market over the past year, Wall Street analysts remain moderately optimistic about the company’s...
Barchart · 34 minutes ago
Although Essex Property Trust has lagged the broader market over the past year, Wall Street analysts remain cautiously constructive on the stock’s long-term...
Barchart · 38 minutes ago
Although Teledyne Technologies Incorporated has lagged the broader market over the past year, Wall Street analysts remain broadly optimistic about the...
Barchart · 41 minutes ago
Although Willis Towers has underperformed the broader market over the past year, Wall Street analysts remain fairly upbeat about the company’s long-term...
Barchart · 42 minutes ago
Soybeans are trading with 5 to 6 cent lower action so far on Wednesday morning. Futures posted fractional losses in some deferred contracts, with the front...
Barchart · 42 minutes ago
Corn prices are down 3 to 4 ½ cents so far on Wednesday morning, Continued weakness in crude oil is a pressure factor, down another $5/bbl this morning....
Barchart · 42 minutes ago
Cotton prices are down 88 to 141 points so far on Wednesday. Futures saw mixed trade on Tuesday, with nearby July down 5 points and other contracts up...
