Gasoline RBOB Apr '18 (RBJ18)
Gasoline RBOB Futures Market News and Commentary
May WTI crude oil (CLK26) on Monday closed up +2.51 (+2.60%), and May RBOB gasoline (RBK26) closed up +0.0787 (+2.59%). Â Crude oil and gasoline prices settled sharply higher on Monday after peace talks between the US and Iran broke down over the weekend and President Trump imposed a blockade in the Strait of Hormuz.
Crude prices rallied on Monday when President Trump said the US began a full naval blockade of the Strait of Hormuz and threatened to attack any Iranian vessels that approach US ships in the strait. Â The blockade could exacerbate global oil and fuel shortages. Â Iran said it would target all ports in the Persian Gulf if its own shipping hubs were threatened.
However, crude prices gave up more than half of their advance on Monday when President Trump said that Iran still wanted to make a deal and reached out to the US over peace negotiations as the US began a naval blockade of the Strait of Hormuz.
The International Energy Agency (IEA) said Monday that ab... Read more
Barchart Mon Apr 13, 2:20PM CDT
May WTI crude oil (CLK26 ) on Monday closed up +2.51 (+2.60%), and May RBOB gasoline (RBK26 ) closed up +0.0787 (+2.59%). Crude oil and gasoline prices...
Barchart Mon Apr 13, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Monday closed down -0.021 (-0.79%). Nat-gas prices retreated on Monday, sinking to a 17-month low. Forecasts for above-normal...
Barchart Mon Apr 13, 10:33AM CDT
May WTI crude oil (CLK26 ) today is up +5.91 (+6.12%), and May RBOB gasoline (RBK26 ) is up +0.1254 (+4.13%). Crude oil and gasoline prices are sharply...
Barchart Sun Apr 12, 5:21PM CDT
First Solar will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Bull Strangle Newsletter Sat Apr 11, 12:00PM CDT
The edge in seasonal spreads doesn’t come from finding more trades—it comes from filtering out the wrong ones. This article outlines a practical framework...
Best Weather Inc. Fri Apr 10, 5:49PM CDT
Not since the Suez Canal crisis in 1956, has a single nautical passageway had so much influence on the whole world.
Barchart Mon Apr 13, 4:20PM CDT
Live cattle futures were mixed on Monday, with contracts $1.125 lower to 40 cents higher at the close. Last week’s cash trade was at $246-249 in the...
Barchart Mon Apr 13, 4:20PM CDT
Corn futures failed to hold onto the Monday gains, closing with contracts steady to 1 ¼ cents lower and 5-6 cents off the highs. The CmdtyView national...
Barchart Mon Apr 13, 4:20PM CDT
Soybeans closed Monday with losses of 5 to 13 ¾ cents easing lower into the close. The cmdtyView national average Cash Bean price was down 13 1/2 cents...
Barchart Mon Apr 13, 4:20PM CDT
Cotton extended the gains to Monday, with contracts up 64 to 131 points at the close. The US dollar index was $0.230 lower at $98.420. Crude oil was up...
Barchart Mon Apr 13, 4:20PM CDT
Lean hog futures closed the Monday session with front months down a nickel to 67 cents and deferreds 7 to 42 cents higher. USDA’s national base hog price...
Barchart Mon Apr 13, 4:20PM CDT
The wheat complex posted strength on Monday, with double digit gains across the three exchanges. Chicago SRW futures were 6 to 11 1/4 cents higher at the...
Barchart Mon Apr 13, 3:53PM CDT
Wedbush urges investors to tune out the Anthropic noise and keep buying Palantir, betting on its strong AI moat and solid fundamentals.
Barchart Mon Apr 13, 3:45PM CDT
Netflix will release Q1 earnings this week. NFLX stock is outperforming markets this year and looks like a decent buy at current levels.
