Crude Oil WTI ICE Jun '26 (WIM26)
Crude Oil WTI ICE Futures Market News and Commentary
May WTI crude oil (CLK26) on Wednesday closed down -18.54 (-16.41%), and May RBOB gasoline (RBK26) closed down -0.2993 (-9.06%). Â Crude oil and gasoline prices plummeted on Wednesday, with crude posting a 1.5-week low and gasoline posting a 2-week low. Â Crude prices plunged on Wednesday after the US and Iran agreed to a two-week ceasefire, and Iran agreed to reopen the Strait of Hormuz. Â Crude prices were also pressured after weekly EIA crude inventories rose more than expected to a 2.75-year high.
Crude prices recovered from their worst levels on Wednesday after Iran's semi-official Fars news agency said that passage of oil tankers through the Strait of Hormuz has been halted due to Israel's continuing attacks on Lebanon.
It remains to be seen if there will be a permanent end to the Iran war. Â Iran has shown little willingness to accept US demands to eliminate its nuclear program or retire its ballistic missile arsenal. Â President Trump confirmed the US received a ten-... Read more
Barchart 1 hour ago
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...
Blue Line Futures Wed Apr 8, 2:06PM CDT
Oil prices move lower as markets assess how long the weakness may last, with Phil Streible joining Schwab Network to break down one futures contract in...
Barchart Wed Apr 8, 10:48AM CDT
May WTI crude oil (CLK26 ) today is down -17.10 (-15.14%), and May RBOB gasoline (RBK26 ) is down -0.3070 (-9.29%). Crude oil and gasoline prices are...
Barchart Wed Apr 8, 9:28AM CDT
After bouncing back and forth all day Tuesday, algorithms got the headline Tuesday night that the US president had backed off his threat to end Iran's...
TradingView Wed Apr 8, 5:14AM CDT
Iran and the U.S. have agreed to a two-week ceasefire, but it’s still unclear how the talks will turn out since both sides are at odds.
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Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price...
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Cotton futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower...
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Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Cash trade has yet to get kicked off this week, with...
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Corn futures saw some buying off the early overnight lows, but still managed to close with losses of 1 ¾ to 3 ½ cents. The CmdtyView national average...
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Soybeans closed the Wednesday session with contracts steady to 3 ¾ cents in the green, getting support from meal. The cmdtyView national average Cash...
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The wheat complex was under pressure on Wednesday as money was coming out with pressure from crude oil. Chicago SRW futures was down 13 to 17 ¾ cents...
Barchart 22 minutes ago
Bank of America just cut Carvana to "Neutral," warning that an Iran‑driven oil shock could squeeze fuel‑heavy delivery costs and slow the stock’s...
Barchart 44 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +2.51%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +2.85%, and the Nasdaq 100 Index...
