Crude Oil WTI Mini May '26 (QMK26)
Crude Oil WTI Mini Futures Market News and Commentary
May WTI crude oil (CLK26) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving sharply higher today on doubts about the sustainability of the US-Iran ceasefire. The Strait of Hormuz remains blocked, and Israeli attacks on Lebanon threaten to derail the ceasefire. Crude prices fell from their best levels after NBC reported that President Trump asked Israel to scale back attacks on Lebanon to ensure the success of the Iran negotiations.
The US and Iran both accused each other of violating the ceasefire, with a key disagreement over whether the truce extends to Lebanon. President Trump pledged to keep US troops in the Persian Gulf ahead of Saturday’s talks with Iran, while Iran warned there may be mines in the strait. It remains to be seen if there will be a permanent end to the Iran war as Iran has shown little willingness to accept US demands to eliminate its nuclear program or retire its ballistic miss... Read more
Barchart 6 minutes ago
May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving...
Blue Line Futures 1 hour ago
Oil moves higher while gold and silver hold steady, with Phil Streible breaking down the key oil contract in focus and the broader market setup on Metals...
Barchart Thu Apr 9, 8:30AM CDT
While a protracted Middle East conflict threatens Eurasia with severe energy deficits, the U.S. economy stands to benefit. Backed by domestic energy self-sufficiency,...
Barchart Thu Apr 9, 6:30AM CDT
Oil prices and stocks had soared on the escalation of the Iran war, but a two-week ceasefire sent them plummeting. However, regardless of whether the ceasefire...
Barchart Wed Apr 8, 2:18PM CDT
May WTI crude oil (CLK26 ) on Wednesday closed down -18.54 (-16.41%), and May RBOB gasoline (RBK26 ) closed down -0.2993 (-9.06%). Crude oil and gasoline...
Barchart Wed Apr 8, 2:16PM CDT
May Nymex natural gas (NGK26 ) on Wednesday closed down -0.146 (-5.09%). Nat-gas prices tumbled to a 7.5-month nearest-futures low on Wednesday and settled...
Barchart 1 minute ago
A ceasefire announcement sparked a rebound in tech stocks, and Wedbush sees momentum returning to the ‘Magnificent Seven.’ So, NVIDIA stock could be...
Barchart 2 minutes ago
The recent ceasefire offers a deceptive sense of security, as the long-term degradation of regional gas infrastructure remains a critical catalyst for...
Barchart 7 minutes ago
May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving...
Barchart 14 minutes ago
After posting disappointing deliveries data lagging behind analysts, Tesla is lining up to release its first-quarter results later this month.
Barchart 17 minutes ago
Despite the scale of the $21 billion deal, CoreWeave continues to face significant capital expenditure requirements to build and maintain the infrastructure...
Barchart 23 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.14%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX...
Barchart 31 minutes ago
Shark Tank investor Kevin O’Leary said he would have rejected Elon Musk’s Tesla pitch, calling it “crazy” and saying he would have said no on the...
Barchart 38 minutes ago
Supermicro launched an independent investigation after three individuals were indicted for alleged export violations. Here's what it means for SMCI stock...
