Crude Oil WTI ICE Jul '23 (WIN23)
Crude Oil WTI ICE Futures Market News and Commentary
June WTI crude oil (CLM26) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26) closed up +0.0731 (+2.07%). Â Crude oil and gasoline prices settled sharply higher on Monday after President Trump rejected Iran's response to his latest peace proposal, which prolongs the closure of the Strait of Hormuz and curbs global oil supplies.
Crude prices jumped on Monday after President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Â Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities. Â Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Â President Trump said Iran's latest peace proposals are "totally unacceptable."
Crude prices are also climbing after President Trump on Monday said the US may restart the operation as soon as... Read more
Barchart · Mon May 11, 2:19PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26 ) closed up +0.0731 (+2.07%). Crude oil and gasoline prices...
Barchart · Mon May 11, 2:18PM CDT
June Nymex natural gas (NGM26 ) on Monday closed up +0.153 (+5.55%). Nat-gas prices rallied sharply on Monday and posted a 6-week nearest-futures high....
Barchart · Mon May 11, 10:35AM CDT
June WTI crude oil (CLM26 ) today is up +1.98 (+2.08%), and June RBOB gasoline (RBM26 ) is up +0.0792 (+2.25%). Crude oil and gasoline prices are sharply...
Klarenbach Research · Mon May 11, 9:56AM CDT
Introducing The Spread Trader, a new series for The Klarenbach Grain Report. Brent Futz breaks down grain calendar spreads and commodity futures strategies....
Barchart · Mon May 11, 7:00AM CDT
American Electric Power has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects....
Blue Line Futures · Mon May 11, 6:14AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 656)
Barchart · 37 minutes ago
Live cattle futures closed Monday with contracts up 50 cents in front month June, but other contracts 55 cents lower to down $1.92. Cash trade settled...
Barchart · 37 minutes ago
Lean hog futures posted gains of 27 cents to $1.60 across the board on Monday. USDA’s national base hog price was not reported on Monday afternoon to...
Barchart · 37 minutes ago
Cotton futures rallied 152 to 304 points across most contracts on Monday, with some deferreds lower. The US dollar index was $0.016 higher at $97.800....
Barchart · 37 minutes ago
The wheat complex closed Monday with gains across all three markets. Chicago SRW was 10 ¾ 15 cents higher across the board on Monday. KC HRW futures were...
Barchart · 37 minutes ago
Soybeans saw gains of 2 ¼ to 5 ½ cents across the board on Monday. The cmdtyView national average Cash Bean price was up 5 1/4 cents at $11.46 1/2. Soymeal...
Barchart · 37 minutes ago
Corn futures closed the Monday session with contracts up 3 to 5 cents across most contracts. The CmdtyView national average Cash Corn price was up 4 cents...
Barchart · Mon May 11, 3:47PM CDT
Coherent stock rallies as Stifel issues a bullish note. Here’s why analyst Ruben Roy sees COHR shares ripping higher from current levels as the year...
