Crude Oil WTI ICE Nov '27 (WIX27)
Crude Oil WTI ICE Futures Market News and Commentary
August WTI crude oil (CLQ26) on Friday closed up +3.54 (+4.48%), and August RBOB gasoline (RBQ26) closed up +0.1080 (+3.29%).
Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 5-week high and gasoline posting a 2-month high. Crude prices surged on Friday amid heightened concerns that the escalation of hostilities between the US and Iran could lead to a full-blown war that threatens crude supplies through the Strait of Hormuz. Crude prices raced to their highs Friday afternoon after Axios reported that the Trump administration notified Israel it is sending more refueling planes to the country, a possible sign that US military operations could expand in the coming days.
The US launched fresh strikes against Iran for the sixth consecutive day on Friday, hitting coastal surveillance and air defense sites, military logistics infrastructure, and maritime assets. Iran responded by attacking US bases in Kuwait, Jordan, and Bahrain, with Kuwait sayi... Read more
Barchart · Fri Jul 17, 2:15PM CDT
August WTI crude oil (CLQ26 ) on Friday closed up +3.54 (+4.48%), and August RBOB gasoline (RBQ26 ) closed up +0.1080 (+3.29%). Crude oil and gasoline...
Barchart · Fri Jul 17, 2:13PM CDT
August Nymex natural gas (NGQ26 ) on Friday closed up +0.053 (+1.85%). Nat-gas prices settled higher on Friday, garnering carry-over support from a sharp...
Barchart · Fri Jul 17, 10:39AM CDT
August WTI crude oil (CLQ26 ) today is up +2.16 (+2.74%), and August RBOB gasoline (RBQ26 ) is up +0.1049 (+3.19%). Crude oil and gasoline prices are moving...
Barchart · Fri Jul 17, 9:30AM CDT
FuelCell's new Siemens partnership targets commercial projects of 100 MW and up, the exact threshold management says it needs to turn its EBITDA positive....
Blue Line Futures · Fri Jul 17, 9:06AM CDT
The war with Iran is escalating this morning as the IRGC instructed the Houthi's in Yemen to close the Bab el-Mandeb gateway to the Red Sea if the US strikes...
Barchart · Fri Jul 17, 3:12AM CDT
Pinnacle West Capital will release its second-quarter earnings next month, and analysts anticipate a single-digit profit dip.
Barchart · Fri Jul 17, 6:00PM CDT
Alphabet’s broader ecosystem gives it the long-term edge, while Meta offers faster growth, a lower valuation and a higher yield.
Barchart · Fri Jul 17, 4:03PM CDT
Apple is looking to expand its robotics team as it pursues innovation.
Barchart · Fri Jul 17, 3:55PM CDT
Soybeans rebounded from the Thursday losses to close Friday with a late push higher, up 4 ½ to 9 ½ cents. August was 12 ¾ cents in the green on the...
Barchart · Fri Jul 17, 3:55PM CDT
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5...
Barchart · Fri Jul 17, 3:55PM CDT
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240...
Barchart · Fri Jul 17, 3:55PM CDT
The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9 ½ cents higher...
Barchart · Fri Jul 17, 3:55PM CDT
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil...
Barchart · Fri Jul 17, 3:55PM CDT
Lean hog futures posted mostly higher trad on Friday, with contracts up 25 cents to $1.37 at the close. August was up $2.65 this week. USDA’s national...