Crude Oil WTI Mini Dec '24 (QMZ24)
Crude Oil WTI Mini Futures Market News and Commentary
September WTI crude oil (CLU26) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0134 (-0.47%).
Crude oil and gasoline prices added to this week's sharp losses on Wednesday, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low. Growing optimism that the US and Iran are nearing a deal to reopen the Strait of Hormuz is pushing crude oil prices lower. Crude prices were also pressured on Wednesday after weekly EIA crude inventories unexpectedly increased.
Crude prices fell on Wednesday after the AP reported that Iranian and Omani negotiators have finalized a draft deal to reopen the Strait of Hormuz and are awaiting final approval from Iran's supreme leader. Separately, Axios reported that the US, Iran and Oman were nearing an interim 60-day accord to reopen the waterway that would involve no tolls or fees, with inbound vessels using a northern lane and outbound traffic a southern one. Read more
Barchart · Wed Aug 5, 2:16PM CDT
September WTI crude oil (CLU26 ) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26 ) closed down -0.0134 (-0.47%). Crude oil...
Barchart · Wed Aug 5, 2:13PM CDT
September Nymex natural gas (NGU26 ) closed up +0.006 (+0.22%) on Wednesday. Nat-gas prices settled slightly higher on Wednesday amid forecasts for warmer...
Barchart · Wed Aug 5, 10:39AM CDT
September WTI crude oil (CLU26 ) is down -0.61 (-0.81%) today, and September RBOB gasoline (RBU26 ) is up +0.0130 (+0.46%). Crude oil and gasoline prices...
Ivan Patriki · Wed Aug 5, 9:27AM CDT
VIVIFY Technology, a private South Florida hydrogen company, has recruited a former Lockheed Martin Inventor of the Year, Buddy Paul, to build its 1MW...
Blue Line Futures · Wed Aug 5, 8:30AM CDT
Crude is bouncing this morning after Houthi rebels made fresh threats against Saudi oil shipping in the Red Sea, undoing some of yesterday's progress on...
Barchart · Wed Aug 5, 8:05AM CDT
Williams Companies has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.
Barchart · 18 minutes ago
Artificial intelligence is driving growth in more than one corner of Amazon's sprawling business.
Barchart · 44 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100...
Barchart · 58 minutes ago
Piper Sandler trimmed its price target on SpaceX stock after the company’s Q2 earnings. Its revised target still signals upside in SPCX shares from current...
Barchart · 1 hour ago
Eli Lilly shares rally on a fresh DTC partnership with CVS Health. A strong Q2 release and impressive future guidance is driving LLY stock higher as well....
Barchart · 1 hour ago
The dollar index (DXY00 ) fell by -0.17% on Wednesday. The dollar fell on Wednesday after the S&P 500 climbed to a new record high, reducing demand for...
Barchart · 1 hour ago
Amazon recently joined an exclusive group of companies with market caps worth more than $3 trillion.
Barchart · Wed Aug 5, 2:16PM CDT
September WTI crude oil (CLU26 ) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26 ) closed down -0.0134 (-0.47%). Crude oil...
Barchart · Wed Aug 5, 2:13PM CDT
September Nymex natural gas (NGU26 ) closed up +0.006 (+0.22%) on Wednesday. Nat-gas prices settled slightly higher on Wednesday amid forecasts for warmer...