CL=F - Light Sweet Crude Oil Futures,J

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
68.19
-0.14 (-0.20%)
As of 8:30PM EDT. Market open.
Stock chart is not supported by your current browser
Pre. SettlementN/A
Settlement Date2018-05-22
Open68.22
Bid68.19
Last Price68.33
Day's Range68.14 - 68.40
Volume13,776
Ask68.20
  • Reuters13 minutes ago

    Asia stocks subdued by rising yields, earnings deluge

    Asian stocks started in muted fashion on Monday as investors braced for a bevy of earnings from the world's largest corporations, while keeping a wary eye on U.S. bond yields as they approached peaks that had triggered ructions in the past. On the geopolitical front, U.S. President Donald Trump said on Sunday the North Korean nuclear crisis was a long way from being resolved, striking a cautious note a day after the North pledged to end its nuclear tests. Oil prices edged down in early trade but were not far from their highest since late 2014.

  • Asia stocks subdued by rising yields, earnings deluge
    Reuters14 minutes ago

    Asia stocks subdued by rising yields, earnings deluge

    Asian stocks started in muted fashion on Monday as investors braced for a bevy of earnings from the world's largest corporations, while keeping a wary eye on U.S. bond yields as they approached peaks that had triggered ructions in the past. On the geopolitical front, U.S. President Donald Trump said on Sunday the North Korean nuclear crisis was a long way from being resolved, striking a cautious note a day after the North pledged to end its nuclear tests. Oil prices edged down in early trade but were not far from their highest since late 2014.

  • Oilprice.com2 hours ago

    Saudi Arabia’s $100 Oil Dilemma

    If Saudi Arabia really is chasing $100 oil, then it may be unwittingly sowing the seeds of the next oil price crash

  • Oilprice.com4 hours ago

    Will U.S. Shale Offset Soaring Global Oil Demand?

    OPEC has forecasted oil demand surging in 2018 which could push crude prices even higher, though U.S. shale production could offset this impact

  • Oilprice.com8 hours ago

    Renewables Are Booming In Oil Country

    There is no denying that renewable energy is booming, even the largest oil producing region of the United States is jumping on board

  • How National Oilwell Varco Has Reacted to Crude Oil Prices
    Market Realist13 hours ago

    How National Oilwell Varco Has Reacted to Crude Oil Prices

    From April 16, 2017, to April 16, 2018, the price correlation between National Oilwell Varco (NOV) stock and crude oil was 0.53, representing a strong positive relationship. The VanEck Vectors Oil Services ETF’s (OIH) correlation with crude oil was 0.66, lower than in the previous year. Has NOV’s correlation with crude oil price changed?

  • Investopedia15 hours ago

    Crude Oil Price Forecast: The Trump Factor

    Oil ended the week up 1.5%, but gains were capped following President Trump's tweet on Friday in which he said, "Looks like OPEC is at it again. With record amounts of oil all over the place, including the fully loaded ships at sea, oil prices are artificially Very High! No good and will not be accepted!" Oil immediately sold off after this remark due to uncertainty about the administration's next step for oil-producing countries, particularly Iran. It is unclear what prompted the president to turn his attention to OPEC, but many analysts believe it came on the back of the OPEC/Non-OPEC Joint Ministerial Monitoring Committee (JMMC) meeting in Jeddah, Saudi Arabia, on Friday.

  • Oil Price Fundamental Weekly Forecast – May Have to Correct to Attract Fresh Buyers
    FX Empire18 hours ago

    Oil Price Fundamental Weekly Forecast – May Have to Correct to Attract Fresh Buyers

    The fundamentals are mostly bullish at this time. Ongoing OPEC-led supply cuts are proving the longer-term support. One factor that could limit gains is rising U.S. production, which has jumped by a quarter since mid-2016 to 10.54 million barrels per day.

  • One Thing To Consider Before Buying Whiting Petroleum Corporation (NYSE:WLL)
    Simply Wall St.yesterday

    One Thing To Consider Before Buying Whiting Petroleum Corporation (NYSE:WLL)

    If you are a shareholder in Whiting Petroleum Corporation’s (NYSE:WLL), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of yourRead More...

  • The U.S. Ethanol Industry Is Under Attack
    Oilprice.comyesterday

    The U.S. Ethanol Industry Is Under Attack

    The U.S. ethanol industry is facing the most intense pressure to reform since the 2005 Renewable Fuel Standard was implemented

  • MarketWatchyesterday

    Global oil supply surplus may soon become a shortage

    Oil prices have rallied so far this year, as OPEC-led efforts have helped erase a big global surplus, but the market may soon suffer from a new dilemma: a shortage of crude supplies that would support further price gains. Stockpiles of the commodity among the industrialized nations that make up the Organization for Economic Cooperation and Development (OECD) stood at 2.84 billion barrels at the end of February, only 30 million barrels above the five-year average, according to a monthly report from the International Energy Agency (IEA). “The global market has tightened considerably in recent months,” says Matthew Parry, head of long-term research at research consultancy Energy Aspects.

  • Crude Oil markets dip on Friday, but find sellers later in the day
    FX Empire2 days ago

    Crude Oil markets dip on Friday, but find sellers later in the day

    The crude oil markets went sideways initially during the day on Friday, but then pulled back to show signs of weakness. However, we turned around to show signs of strength, and therefore it looks as if we are forming a bit of a hammer for the day. I think that the market should continue to go to higher levels.

  • Gold falls during Friday trading
    FX Empire2 days ago

    Gold falls during Friday trading

    Gold market participants sold during the Friday session, reaching down towards the $1335 level. I think that there is plenty of support below though, so it’s only a matter of time before we turn around and rally again. I believe that the $1350 level above is of course massive resistance.

  • Top 5 Things That Moved Markets This Past Week
    Investing.com2 days ago

    Top 5 Things That Moved Markets This Past Week

    Investing.com – Top 5 things that rocked U.S. markets this quarter

  • Oilprice.com2 days ago

    Can $80 Oil Be Justified?

    While Goldman Sachs and Merrill Lynch analysts see oil prices hitting $80, Russia’s Energy Minister believes it is a price that cannot be justified

  • North Dakota Oil Production Slips but Set for 2018 Milestone
    Zacks2 days ago

    North Dakota Oil Production Slips but Set for 2018 Milestone

    According to the North Dakota Department of Mineral Resources, the state produced 1,174,769 barrels of oil per day and 2,102,266 thousand cubic feet per day of associated gas in February.

  • Investing.com2 days ago

    Crude Oil Prices Shrug Off Trump's OPEC Blast to Settle Higher

    Investing.com - Crude oil prices settled at nearly three-and-a-half year highs as the Joint Ministerial Monitoring Committee confirmed OPEC and its allies compliance with the deal to curb production rose to its highest ever, further stoking expectations for market rebalancing later this year.

  • Oilprice.com2 days ago

    Is Alberta Suffering From The Oil Curse?

    Alberta’s outgoing auditor general has said that the state needs to introduce long-term fiscal planning to protect itself from oil price swings

  • Oil States International Reacts to Crude Oil’s Price
    Market Realist2 days ago

    Oil States International Reacts to Crude Oil’s Price

    Oil States International’s (OIS) correlation with crude oil’s price on January 1–April 18, 2018, was 0.53. The correlation shows a strong positive relationship between Oil States International stock and crude oil prices. Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!

  • TheStreet.com2 days ago

    Trump May Be More to Blame For Higher Oil Prices Than OPEC

    The oil cartel has done well to stabilize oil prices over the past 15 months, but the latest commodity surge could have more to do with geopolitical concerns brought about by the president himself.

  • Oil recovers after sliding on Trump tweet criticizing OPEC
    Reuters2 days ago

    Oil recovers after sliding on Trump tweet criticizing OPEC

    Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump's criticism of OPEC's role in pushing up global oil prices. Brent crude oil futures (LCOc1) gained 28 cents, or 0.4 percent, to settle at $74.06 per barrel. "Looks like OPEC is at it again," Trump tweeted.

  • Trump rails against high oil prices, OPEC pushes back
    Reuters2 days ago

    Trump rails against high oil prices, OPEC pushes back

    WASHINGTON/JEDDAH, Saudi Arabia (Reuters) - U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters. "Looks like OPEC is at it again. Oil prices are artificially Very High! No good and will not be accepted!" Trump wrote on Twitter.

  • Oil Prices Bounce Back On Bullish Sentiment
    Oilprice.com2 days ago

    Oil Prices Bounce Back On Bullish Sentiment

    Following a remarkably bullish week in oil markets, a string of bearish news sent oil prices crashing on Friday morning before a strong rebound

  • Opec v Trump: oil markets retreat as rifts emerge
    The Telegraph2 days ago

    Opec v Trump: oil markets retreat as rifts emerge

    Oil prices retreated from multi-year highs as US President Donald Trump lashed out at the world’s largest oil producing nations during a meeting which exposed rifts at the heart of the Opec cartel. President Trump blamed the group for forcing global prices to “artificially” high levels, and warned that it “will not be accepted”, in a tweet during a key meeting between Saudi-led oil producers and Russia. The meeting revealed a splintering of views between the pair over whether to keep a squeeze on crude production to drive prices higher or begin to ease supply cuts again. The uncertainty quickly punctured the confidence of the oil market over the last week, causing prices to plummet from fresh highs of $74.70 a barrel on Thursday to below $73 before making a modest recovery. The Organisation of Petroleum Exporting Countries (Opec) met with non-Opec nations in Saudi Arabia on Friday to discuss the progress of its year-long supply deal just days after oil prices rallied to their highest level since December 2014. Saudi Energy Minister Khaled al-Faleh (L) and Russian Energy Minister Alexander Novak  Credit: AMER HILABI/AFP Despite the quicker than expected recovery of oil prices to over $74 a barrel, the Saudi energy minister is understood to be eyeing even higher market levels to support the mega-float of the Saudi Aramco oil giant early next year. President Trump said it “looks like Opec is at it again”, adding that “oil prices are artificially very high” and “will not be accepted”. The tweet puts Mr Trump at odds with the Saudi government after months spent currying favour with the royal family in a bid to secure the Aramco float on the New York Stock Exchange. Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High! No good and will not be accepted!— Donald J. Trump (@realDonaldTrump) April 20, 2018 In response to the tweet Khalid Al-Falih, the minister, told reporters at the event that “there is no such thing as artificial prices”. He added that "there is capacity for higher prices" without hurting demand because "we've seen prices significantly higher in the past". The unprecedented supply deal is due to remain in place to the end of the year but Russia’s energy minister Alexander Novak refused to commit to the full plan, in a significant break which could derail the agreement. At a glance | OPEC "I cannot at the moment give you a precise answer because we do not have the full idea how the market is going to perform in the forthcoming months. We need to carry on monitoring the situation," Mr Novak told reporters. Oil prices traded above $100 a barrel before 2014 when a glut of oil supply caused prices to collapse to twelve year lows, forcing Opec to strike a deal with Russia and producers outside of the cartel to rein in production while rising demand drains the market excess.

  • Opec v Trump: oil markets retreat as rifts emerge
    The Telegraph2 days ago

    Opec v Trump: oil markets retreat as rifts emerge

    Opec v Trump: oil markets retreat as rifts emerge