Crude Oil WTI Mini Feb '23 (QMG23)
Crude Oil WTI Mini Futures Market News and Commentary
September WTI crude oil (CLU26) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26) closed up +0.0186 (+0.58%).
Crude oil and gasoline prices settled sharply higher on Wednesday, with crude posting a 6-week high and gasoline climbing to a 2-month high.  Threats to global oil supplies are boosting crude oil prices as escalation of the US-Iran war has curbed oil tanker traffic through the Strait of Hormuz and threats by Houthi militants to blockade Saudi Arabia have reduced oil tanker traffic through the Red Sea. Crude prices fell from their high on Wednesday after weekly EIA crude and gasoline inventories unexpectedly increased.
The US and Iran played down the prospect of peace talks anytime soon as disruptions to global oil supplies continue to mount. The US conducted an 11th straight day of attacks on Iran on Wednesday in an effort to degrade the country's ability to threaten commercial shipping in the Strait of Hormuz. Iran retaliated by strik... Read more
Barchart · 36 minutes ago
September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). Crude oil and...
Barchart · 37 minutes ago
August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.060 (+2.09%). Nat-gas prices settled sharply higher on Wednesday amid forecasts for hotter...
Barchart · Wed Jul 22, 10:45AM CDT
September WTI crude oil (CLU26 ) today is up +2.37 (+2.81%), and September RBOB gasoline (RBU26 ) is up +0.0171 (+0.53%). Crude oil and gasoline prices...
Barchart · Wed Jul 22, 8:00AM CDT
Costco expands beyond traditional warehouse-attached fuel sites on June 24 by officially opening its first standalone, members-only gas station with 40...
Barchart · Wed Jul 22, 7:50AM CDT
Vistra will release its second-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.
TradingView · Wed Jul 22, 7:47AM CDT
The Supreme Court’s overturning of Trump’s tariffs under IEEPA did not end the trade wars. The issue is back, and together with the Iran problem, it...
Barchart · 3 minutes ago
OKLO stock inches higher on reports of $200 million US nuclear power initiative. But does that warrant buying OKLO shares at current levels?
Barchart · 17 minutes ago
Five of the biggest U.S. stocks are amassing off-balance sheet commitments that add up to an estimated $1.65 trillion.
Barchart · 20 minutes ago
The dollar index (DXY00 ) fell by -0.04% on Wednesday. The dollar posted modest losses on Wednesday amid a mild recovery in the euro and the yen. The...
Barchart · 34 minutes ago
Diageo inches higher on reports of new job cuts affecting as much as 30% of the workforce. Here’s what these layoffs really mean for DEO stock.
Barchart · 35 minutes ago
September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). Crude oil and...
Barchart · 36 minutes ago
August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.060 (+2.09%). Nat-gas prices settled sharply higher on Wednesday amid forecasts for hotter...
Barchart · 57 minutes ago
Near-term headwinds, including elevated capital expenditures and margin pressure, could keep a lid on Microsoft's short-term upside. But the company's...
Barchart · 1 hour ago
Fortinet announced a collaboration with Intel to develop the Fortinet Security Processor 6 on the Intel 4 process, making Fortinet the first named cybersecurity...