CLG20.NYM - Crude Oil Feb 20

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
59.14
-1.23 (-2.04%)
As of 8:27AM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2020-01-21
Open59.90
Bid59.12
Last Price60.37
Day's Range59.09 - 60.04
Volume3,039
Ask59.22
  • Did You Manage To Avoid Midstates Petroleum Company's (NYSE:MPO) 38% Share Price Drop?
    Simply Wall St.24 minutes ago

    Did You Manage To Avoid Midstates Petroleum Company's (NYSE:MPO) 38% Share Price Drop?

    Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. Active...

  • Cabot Oil & Gas Is Rising despite Weakness in the Energy Market
    Market Realist41 minutes ago

    Cabot Oil & Gas Is Rising despite Weakness in the Energy Market

    How Did Energy Commodities Impact Energy Stocks?(Continued from Prior Part)Natural gas–weighted stocks’ returnsOn May 15–22, our list of natural gas–weighted stocks fell 10%, while natural gas April futures fell 2.2%. On average, natural

  • Which Oil-Weighted Stocks to Avoid amid Oil’s Decline?
    Market Realist41 minutes ago

    Which Oil-Weighted Stocks to Avoid amid Oil’s Decline?

    How Did Energy Commodities Impact Energy Stocks?Oil-weighted stocks are sensitive to oilThe following oil-weighted stocks could be sensitive to oil’s price movements based on their correlations with US crude oil July futures on May 15–22:

  • Investors Who Bought Whiting Petroleum (NYSE:WLL) Shares Five Years Ago Are Now Down 93%
    Simply Wall St.2 hours ago

    Investors Who Bought Whiting Petroleum (NYSE:WLL) Shares Five Years Ago Are Now Down 93%

    We're definitely into long term investing, but some companies are simply bad investments over any time frame. We...

  • Reuters2 hours ago

    BP nears sale of stake in Egyptian oil firm to Dragon Oil - sources

    BP is nearing the sale of its stake in a major Egyptian oil and gas company to Dubai-based Dragon Oil for over $600 million (£474.9 million), industry and banking sources said. The sale, which is expected to complete in the coming weeks, would mark the end of BP's 50-year-old partnership in the Gulf of Suez Petroleum Company (GUPCO) as the London-based company focuses on developing Egypt's large offshore gas reserves. Dragon Oil, a subsidiary of Dubai's Emirates National Oil Company (ENOC), has said it plans to expand its international operations and boost its production to 300,000 barrels of oil equivalent per day by 2025.

  • Oilprice.com14 hours ago

    The Silence Before The Storm In Oil Markets

    Current market volatility may seem low when taking into account the numerous supply outages and the trade war between the U.S. and China, but oil markets could be about to get a lot rockier in the second half of 2019

  • Oil Prices Could Rise As Persian Gulf Becomes ‘Danger Zone’ For Tankers
    Oilprice.com15 hours ago

    Oil Prices Could Rise As Persian Gulf Becomes ‘Danger Zone’ For Tankers

    The rising risk for oil tankers in the Persian Gulf could lead to higher insurance premiums and higher crude prices in the short term

  • Oilprice.com16 hours ago

    Saudi Arabia Scrambles To Calm Oil Markets

    Saudi Arabia stated that it will do everything in its power to prevent war in the increasingly volatile Middle East

  • MarketWatch18 hours ago

    U.S. oil prices finish with a loss of nearly 3% as U.S. crude stocks rise

    Oil futures dropped Wednesday, with U.S. prices settling at their lowest in a week and half, after the Energy Information Administration reported an unexpected weekly climb in U.S. crude inventories, the second weekly rise in a row. "A surprise buildup of 4.7 million barrels of crude and 3.7 million barrels of gasoline pushed prices down," said Alfonso Esparza, senior market analyst at Oanda. "Middle East tensions and the ongoing [OPEC-led] crude output cut deal have kept prices in a higher range, but higher U.S. production keeps putting downward pressure on prices." July WTI oil fell by $1.71, or 2.7%, to settle at $61.42 a barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since May 13 and biggest one-day dollar and percentage loss in nearly three weeks, FactSet data show.

  • Reuters19 hours ago

    India's crude oil imports jump 14% in April to 6-month peak

    Crude oil imports into the world's third-largest consumer rose 14% in April from a year earlier to 19.72 million tonnes, the highest since October 2018, when imports were at a seven-year high of about 21 million tonnes. April crude imports were also up 2% from March's 19.32 million tonnes, despite a decline in oil imports from Iran after Washington told buyers to end Iranian oil purchases from May or face sanctions. India's oil imports from Iran had fallen about 57 percent year-on-year in April, according to tanker arrival data seen by Reuters.

  • Marathon Petroleum Is Expected to Post the Largest Gains
    Market Realist20 hours ago

    Marathon Petroleum Is Expected to Post the Largest Gains

    Which Refining Stocks Could Post More Gains?(Continued from Prior Part)Marathon Petroleum’s implied gainsMarathon Petroleum (MPC) is a US refiner with refining and marketing, midstream, and retail segments. The company is ranked first among the

  • Reuters21 hours ago

    U.S. crude stocks highest since July 2017 on weak refining demand -EIA

    U.S. crude oil inventories rose unexpectedly last week, hitting their highest levels since July 2017, due to weak refinery output, particularly in the Midwest, the Energy Information Administration said on Wednesday. Crude inventories rose 4.7 million barrels in the week ended May 17, compared with analysts' expectations for a decrease of 599,000 barrels. In particular, refining usage in the Midwest fell to its lowest levels in May since 2013.

  • Oilprice.com22 hours ago

    Bearish EIA Data Sends Oil Lower

    Oil fell on Wednesday morning, following a rather bearish inventory report from the EIA

  • Oil Prices: Will the Risk Premium Evaporate?
    Market Realistyesterday

    Oil Prices: Will the Risk Premium Evaporate?

    Oil Prices: Will the Risk Premium Evaporate?Oil prices and broader market divergedOn May 21, US crude oil July futures fell 0.1% and settled at $63.13 per barrel despite a 0.8% gain in the S&P 500 Index (SPY). Based on the API’s data on May

  • Reutersyesterday

    U.S. natural gas prices turn negative in Texas Permian shale again

    Next-day natural gas prices at the Waha hub in the Permian basin in West Texas fell below zero for the first time since early April. The last time Waha traded below zero was April 3 when it averaged a record low minus $4.28, according to data from Refinitiv. On the Intercontinental Exchange, meanwhile, Waha has been trading below zero all week.

  • In coal phase-out, Germany pledges billions to mining regions
    AFPyesterday

    In coal phase-out, Germany pledges billions to mining regions

    As Germany plans to shutter its coal sector, the government pledged Wednesday to pour 40 billion euros ($45 billion) into mining regions over the coming years to stimulate growth and jobs. While Germany now meets one third of its electricity needs with clean renewables such as wind, solar and biogas, it produces another third with coal, a climate killer with huge CO2 emissions. The coal phase-out has however stoked anger against Chancellor Angela Merkel's government in mining regions where the industry accounts for tens of thousands of jobs.

  • USD/CAD Daily Forecast – Loonie Spurts Down Ahead of CAD Retail Sales & FOMC Minutes
    FX Empireyesterday

    USD/CAD Daily Forecast – Loonie Spurts Down Ahead of CAD Retail Sales & FOMC Minutes

    Crude Prices fall to near $62.35 bbl as OPEC+ members cast contrasting comments over Oil production. Sinking USD Index drags down the Loonie to 10-days low.

  • Investing.comyesterday

    Crude Inventories Post Surprise 4.7M Barrel Rise; Oil Down 2%

    Investing.com - U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) rose by 4.7 million barrels last week, versus expectations for a decline of nearly 600,000 barrels, the Energy Information Administration said Wednesday.

  • Gold feels the Dollar pressure
    FX Empireyesterday

    Gold feels the Dollar pressure

    Current situation does not look good for the demand and in my opinion, the price of this precious metal can go significantly lower.

  • Dreams of Comoros oil boom hang on seismic survey
    AFPyesterday

    Dreams of Comoros oil boom hang on seismic survey

    For years, the Comoros islands off the east coast of Africa have dreamt of an oil or gas strike -- now the first planned seismic survey could reveal if the poverty-stricken nation's hopes are about to come true. The possibility of a lucrative resources boom has gripped Comoros for seven years after then-president Ikililou Dhoinine awarded a batch of offshore oil and gas exploration permits. The arrival last year of Tullow Oil changed the game, as the British company boosts a strong record striking deposits in Ghana, Uganda and Kenya.

  • Rigzone.com2 days ago

    Oil Heads for Biggest Drop in 2 Weeks

    Oil headed for its biggest drop in two weeks as signs the worsening U.S.-China trade war will take a toll on global economic growth overshadowed the prospect of OPEC+ extending output curbs.

  • Oilprice.com2 days ago

    The Fear Driven Oil Price Rally Won’t Last

    Oil prices have risen on tensions in the Middle East, but the geopolitical risk premium in oil markets might not last

  • Oil & Gas Stock Roundup: Equinor's GoM Boost, Schlumberger's Asset Sale & More
    Zacks2 days ago

    Oil & Gas Stock Roundup: Equinor's GoM Boost, Schlumberger's Asset Sale & More

    Norway's Equinor (EQNR) acquired an additional 22.45% stake in GoM's Caesar Tonga oilfield, while energy services behemoth Schlumberger (SLB) sold several drilling assets for $400 million.

  • MarketWatch2 days ago

    Oil prices down as API data reportedly show an unexpected weekly climb in U.S. crude supply

    The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 2.4 million barrels for the week ended May 17, according to sources. The API also reportedly showed a stockpile increase of 350,000 barrels in gasoline, but distillate supplies fell by 237,000 million barrels. Inventory data from the Energy Information Administration will be released Wednesday. The EIA data are expected to show crude inventories declined by 2 million barrels last week, according to a survey of analysts conducted by S&P Global Platts. It also forecast a supply climb of 1 million barrels for gasoline and a decline of 1 million barrels for distillates. July West Texas Intermediate crude was at $62.99 a barrel in electronic trading, down from the contract's $63.13 settlement on the New York Mercantile Exchange.