CL=F - Crude Oil Jul 18

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
67.50
-3.21 (-4.54%)
At close: 4:59PM EDT
Stock chart is not supported by your current browser
Pre. SettlementN/A
Settlement Date2018-06-20
Open70.65
Bid67.41
Last Price70.71
Day's Range67.42 - 70.80
Volume930,613
Ask67.52
  • Yanzhou Coal Mining Company Limited (HKG:1171): Dividend Is Coming In 2 Days, Should You Buy?
    Simply Wall St.2 hours ago

    Yanzhou Coal Mining Company Limited (HKG:1171): Dividend Is Coming In 2 Days, Should You Buy?

    Investors who want to cash in on Yanzhou Coal Mining Company Limited’s (SEHK:1171) upcoming dividend of CN¥0.48 per share have only 2 days left to buy the shares before itsRead More...

  • CNBC7 hours ago

    $100 oil by summer? RBC’s top oil watcher doesn't think it's out of the question

    Global oil prices took a hit in the last week, but a confluence of factors could carry Brent to its highest levels in more than three years this summer, according to one commodities market veteran. According to Croft, a few geopolitical chess pieces have to be in place before oil can scale those heights. First, conditions in Venezuela, the embattled oil producing economy whose economy is in free-fall, must continue to deteriorate.

  • Reuters8 hours ago

    OPEC, Russia prepared to raise oil output amid U.S. pressure

    Riyadh and Moscow are prepared to ease output cuts to calm consumer worries about supply adequacy, their energy ministers said on Friday, with Saudi Arabia’s Khalid al-Falih adding that any such move would be gradual so as not to shock the market. Raising production would ease 17 months of strict supply curbs amid concerns that a price rally has gone too far, with oil having hit its highest since late 2014 at $80.50 a barrel this month.

  • Miners Are Looking To Ramp Up Lithium Production
    Oilprice.com9 hours ago

    Miners Are Looking To Ramp Up Lithium Production

    Lithium prices have withstood all the bearish forecasts up to now and there is widespread consensus on growing demand for lithium which could have an impact on the mineral’s price in the near-term

  • Oil output could return to October 2016 level, says Russia's Novak
    Reuters9 hours ago

    Oil output could return to October 2016 level, says Russia's Novak

    By Vladimir Soldatkin MOSCOW (Reuters) - A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia's energy minister said on Saturday. Sources said this week that Saudi Arabia and Russia were discussing raising OPEC and non-OPEC oil production to ease 17 months of strict supply curbs amid concerns that a price rally has gone too far. "When we extended the agreement until the end of 2018, we spoke about such possibilities (of returning to the October 2016 level)," Novak told reporters.

  • Crude oil markets break down significantly on Friday
    FX Empire23 hours ago

    Crude oil markets break down significantly on Friday

    The crude oil markets had an extraordinarily long run to the downside during the day on Friday, slicing through major support. I believe that the markets are a bit overextended, and there is of course the fear that OPEC cuts may come undone rather soon, that of course will add more supply to the market. Beyond that, we have a strengthening US dollar working against the value of this commodity.

  • Natural Gas markets rally again on Friday
    FX Empire23 hours ago

    Natural Gas markets rally again on Friday

    The natural gas markets continue to show strength, as we have broken out of the daily uptrend channel recently, and now look to reach towards a major psychological resistance barrier.

  • CFTC: Speculators Less Bullish on Euro, Crude Oil, S&P 500
    Investing.comyesterday

    CFTC: Speculators Less Bullish on Euro, Crude Oil, S&P 500

    Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending May 22 on Friday.

  • These Oil Stocks Fell 10% (or More) Today: Here's What You Need to Know
    Motley Foolyesterday

    These Oil Stocks Fell 10% (or More) Today: Here's What You Need to Know

    Word that OPEC and Russia could open up the oil spigots a little more in the near future pushed oil prices down sharply, but the oil supply and demand situation is more complex than just that.

  • Associated Pressyesterday

    Business Highlights

    Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million. Across the S&P 500, compensation for CEOs is often hundreds of times higher than typical workers. WASHINGTON (AP) -- The Trump administration has told Congress it's reached a deal that would allow Chinese telecommunications giant ZTE Corp. to stay in business, said a source familiar with the talks who spoke on condition of anonymity to discuss a confidential matter.

  • Markets Right Now: Oil prices, energy companies fall sharply
    Associated Pressyesterday

    Markets Right Now: Oil prices, energy companies fall sharply

    NEW YORK (AP) — The latest on developments in financial markets (all times local):

  • MarketWatchyesterday

    Chesapeake Energy's stock suffers biggest drop in 2 years, after oil prices plunge

    Trading volume reached 55.4 million shares, enough to make the stock the most actively traded on the New York Stock Exchange. The selloff would be the biggest one-day percentage decline since it tumbled 10.7% on May 9, 2016. Weighing on the oil and gas company's stock was the 4.2% plunge in crude oil futures prices , which was triggered by talk that Russia and the OPEC oil cartel could increase output.

  • Forbesyesterday

    Congress Challenges New 'Super OPEC'

    The Organization of the Petroleum Exporting Countries is cutting production to drive oil prices up -- classic cartel behavior.  In November of 2016, OPEC and a handful of other oil producers, including the world’s largest– Russia – reached a decision to cut 1.8 million barrels of oil per day from global output. This new “Super OPEC” – informally referred to as the “Vienna Group” - accounts for 55 percent of global oil supply and nearly 80 percent of the world’s proven reserves, which gives it tremendous market influence.

  • Investopediayesterday

    8 Energy Stocks For The New Oil Boom

    Many investors are asking whether oil stocks, which have posted huge gains in the past year, have much fuel left to rise. One energy area still with huge upside may be oil refining companies. Morgan Stanley also is bullish on refiners, per Barron's, naming Marathon Petroleum Corp. ( MPC) and Valero Energy Corp. ( VLO) as its top U.S.-based picks, as well as international companies Thai Oil PCL (TOP.Thailand), Bharat Petroleum (500547.India), Repsol (REP.Spain), and Tupras Turkiye Petrol Rafinerileri (TUPRS.Turkey). Andeavor ( ANDV) has agreed to be acquired by Marathon, while Morgan Stanley also sees upside in Phillips 66 ( PSX).

  • Reutersyesterday

    Subtropical storm Alberto's landfall expected early next week

    U.S. Gulf of Mexico producers and refiners are monitoring subtropical storm Alberto, which is expected to make landfall between east Louisiana and the Florida panhandle early next week, the companies said on Friday. The National Weather Service on Friday predicted the storm would bring heavy rain to the central Gulf Coast region and the southeastern United States later this weekend and continue into early next week. The Louisiana Offshore Oil Port (LOOP), located about 20 miles south of the Louisiana coast in the Gulf, was operating normally, according to the company's website.

  • Oilprice.comyesterday

    U.S. Rig Count Rises Amid Crashing Oil Prices

    The U.S. oil and gas rig count increased for the week ending May 25th while oil prices saw a steep correction as traders reacted on bearish comments from OPEC and Russia

  • MarketWatchyesterday

    Drop in oil prices won’t rescue drivers from $3-a-gallon gas for Memorial Day

    The plunge in oil prices this week won’t be enough to save drivers from paying $3 a gallon as soon as this Memorial Day weekend. Prices may hit the $3 level by Memorial Day, said Patrick DeHaan, head of petroleum analysis at GasBuddy.

  • Reutersyesterday

    Oil price fall hits energy shares, dollar rises

    By Laila Kearney NEW YORK (Reuters) - Growing expectations of increased oil supply hit crude prices on Friday, lifting the U.S. dollar and weighing on energy shares, while political upheaval in Europe ...

  • MarketWatchyesterday

    Airline stocks surge to fuel the Dow transports' rally, as oil prices tumble

    Airline stocks soared Friday, giving a big boost to the Dow Jones Transportation Average , with the tumbled in crude oil prices helping fuel the rally. The NYSE Arca Airline Index rallied 3.0%. The Dow ...

  • Largest Injection in US Natural Gas Inventories since 2015
    Market Realistyesterday

    Largest Injection in US Natural Gas Inventories since 2015

    On May 24, the EIA released its natural gas storage report. The EIA reported that US natural gas inventories increased by 91 Bcf (billion cubic feet) to 1,629 Bcf on May 11–18—the largest build in US natural gas inventories for this time of the year since 2015. However, the inventories were down by 804 Bcf or 33% from a year ago.

  • Where US Crude Oil Could Close Next Week
    Market Realistyesterday

    Where US Crude Oil Could Close Next Week

    The inverse relationship between oil prices and oil’s implied volatility is illustrated in the above graph. Since US crude oil’s 12-year low in February 2016, US crude oil active futures have risen 169.8%. US crude oil’s implied volatility fell 70.1% between February 11, 2016, and May 24, 2018. Price forecast

  • Is $3 Possible for Natural Gas Next Week?
    Market Realistyesterday

    Is $3 Possible for Natural Gas Next Week?

    On May 17–24, natural gas July futures rose 2.9%, while the implied volatility fell 1.5%. Since March, these two variables have broadly diverged. Price forecast

  • Is Oil Losing Strength before Memorial Day Weekend?
    Market Realistyesterday

    Is Oil Losing Strength before Memorial Day Weekend?

    On May 24, US crude oil July futures fell 1.6% and closed at $70.71 per barrel. On the same date, the United States Oil ETF (USO) fell 1.5%.

  • Gasoline prices are rising into Memorial Day, but they may soon peak around $3 a gallon
    CNBCyesterday

    Gasoline prices are rising into Memorial Day, but they may soon peak around $3 a gallon

    American drivers are facing the highest gasoline costs in about four years, but the worst is likely almost over.

  • Week 20: Where Did Bunker Fuel Prices Head?
    Market Realistyesterday

    Week 20: Where Did Bunker Fuel Prices Head?

    Previously in this series, we noted that most of the crude tanker stocks fell in week 20, which ended on May 18. In week 20, the average Aframax rates were higher than the average VLCC rates. In this part, we’ll see how bunker fuel prices fared in week 20.