CLK19.NYM - Crude Oil May 19

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
64.00
0.00 (0.00%)
As of 4:59PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2019-04-22
Open63.75
Bid63.41
Last Price64.00
Day's Range63.46 - 64.16
Volume114,864
Ask64.51
  • Oilprice.com20 hours ago

    Permian Oil Now Selling At A Discount

    As the Permian continues to add production, prices of West Texas Light oil which used to trade at a premium to WTI, have no fallen a couple of dollars below the famous benchmark

  • Oilprice.com22 hours ago

    Trump’s Oil Waiver Decision Is A Double-Edged Sword

    Japan is one of the several countries caught in the geopolitical crossfire between the U.S. and Iran, with all on edge ahead of a decision to extend or not to extend oil waivers

  • Weekly Recap – Dollar-Denominated Commodities Pressured by Strengthening Greenback
    FX Empireyesterday

    Weekly Recap – Dollar-Denominated Commodities Pressured by Strengthening Greenback

    In addition to the strengthening U.S. Dollar, gold was also pushed to near its lowest level since the end of December last week as economic data from China improved enough to relax concerns over a global economic slowdown. U.S. West Texas Intermediate crude oil and international-benchmark Brent crude oil futures looked tired all week, which could be the first sign of a top-heavy market. Natural gas futures finished the week sharply lower after a government storage report showed a slightly larger than expected build.

  • Weekly Recap – New Zealand CPI Sinks Kiwi; Better China GDP, Domestic Jobs Data Not Enough to Save Aussie
    FX Empire2 days ago

    Weekly Recap – New Zealand CPI Sinks Kiwi; Better China GDP, Domestic Jobs Data Not Enough to Save Aussie

    Given the new CPI data, New Zealand economists are now predicting the Reserve Bank will cut its official cash rate from its present record low at 1.75 percent to 1.5 percent in May. Although traders are pricing in an RBA rate cut for later in the year, the employment report may have bought the central bank a little time. The AUD/USD price action suggests that traders may have increased bets the RBA will not rush to ease rates even though the broader economy has seemingly lost momentum.

  • Oilprice.com2 days ago

    The Oil Giant Focusing Only On Africa

    Angola’s state oil firm plans to sell off dozens of joint ventures and cut jobs in order to focus on its business in Africa

  • The Firm Floor Under Oil Prices
    Oilprice.com2 days ago

    The Firm Floor Under Oil Prices

    The continued slowdown of US shale production and the looming deadline for Iran sanctions waivers have put a floor under oil prices this week

  • S&P 500 Weekly Price Forecast – Stock markets facing major resistance
    FX Empire2 days ago

    S&P 500 Weekly Price Forecast – Stock markets facing major resistance

    The S&P 500 did very little during the trading week, as Friday was a holiday. The volume is very low, and of course we are in the middle of earnings season. Beyond that we are at the top of the market, and of course there is a lot of resistance above.

  • Crude Oil Price Forecast – Crude oil markets continue to grind sideways
    FX Empire2 days ago

    Crude Oil Price Forecast – Crude oil markets continue to grind sideways

    Crude oil markets were of course closed on Friday for the Good Friday holiday, but at this point it’s obvious that we are killing time, perhaps trying to break above major resistance.

  • Natural Gas Price Forecast – Natural gas markets at extreme lows
    FX Empire2 days ago

    Natural Gas Price Forecast – Natural gas markets at extreme lows

    The underlying natural gas futures were not open on Good Friday, but that doesn’t mean that we can’t take a look at the charts and glean some information going forward. As we roll through the Easter weekend, it’s easy to see that we are at a very important spot.

  • Oilprice.com2 days ago

    Why Russia Fails To Speed Up Production Cuts

    Russia pledged to speed up output cuts after the winter in order to comply with OPEC+ production quota, but has since then failed to speed up production cuts

  • BP, SOCAR sign deal to build new Azeri oil exploration platform
    Reuters2 days ago

    BP, SOCAR sign deal to build new Azeri oil exploration platform

    Oil major BP and Azerbaijan's state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation's three major oilfields, BP-Azerbaijan said in a statement. The Azeri Central East (ACE) platform, the latest phase of Azerbaijan's giant Azeri-Chirag-Guneshli (ACG) oilfields, is expected to produce 100,000 barrels of oil a day and cost $6 billion to build, the company said. The project is one of the biggest upstream investment decisions in Azerbaijan so far this year.

  • Oil Price Fundamental Daily Forecast – Drillers Cut Eight Oil Rigs This Week to 825
    FX Empire2 days ago

    Oil Price Fundamental Daily Forecast – Drillers Cut Eight Oil Rigs This Week to 825

    Traders are facing two major issues at this time: Further pressure on Iran and whether OPEC and its allies, including Russia will continue the deal to reduce production.

  • Reuters2 days ago

    VEGOILS-Palm charts weekly gain on stronger U.S. soyoil

    * Weaker ringgit earlier this week also supported palm * Market also looking ahead to export pace - trader * April 1-20 cargo surveyor data due after Saturday (Updates with latest prices) By Emily Chow ...

  • U.S. refiners planning major plant overhauls in second quarter
    Reuters2 days ago

    U.S. refiners planning major plant overhauls in second quarter

    Early spring and winter traditionally are heavy periods for U.S. refinery maintenance. This year's maintenance schedule and higher crude prices helped push U.S. gasoline prices to a national average of $2.83 a gallon last week, up 26 percent since the start of the year, according to data from the American Automobile Association. U.S. crude futures rose 32 percent in the first quarter.

  • Reuters2 days ago

    Oil prices inch up on signs of tighter global supply

    Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices. U.S. crude, gasoline and distillate inventories dropped this week, with crude posting an unexpected drawdown, the first in four weeks, the Energy Information Administration (EIA) data showed on Wednesday.

  • 5 Best Energy Stocks for 2018
    Investopedia3 days ago

    5 Best Energy Stocks for 2018

    Here's how energy stocks either remained profitable while oil plunged, or they acquired important assets.

  • Reuters3 days ago

    Exclusive: Spain's Repsol suspended swap deal for Venezuelan oil under U.S. pressure

    HOUSTON/MEXICO CITY (Reuters) - Spain's Repsol suspended its swaps of refining products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weighed penalties for foreign firms doing business with Venezuela. The Spanish oil company has been swapping fuel and waiving payments due from a joint venture with PDVSA in exchange for crude, even as the United States rolled out new sanctions aimed at ousting Venezuela's socialist President Nicolas Maduro.

  • Oilprice.com3 days ago

    China’s Newest Oil Hotspot Is In America’s Backyard

    China is ramping up its oil drilling initiative in Cuban waters, using cutting-edge technology to reach deposits that Cubans couldn’t touch

  • Does BNK Petroleum Inc.'s (TSE:BKX) CEO Pay Matter?
    Simply Wall St.3 days ago

    Does BNK Petroleum Inc.'s (TSE:BKX) CEO Pay Matter?

    In 2008 Wolf Regener was appointed CEO of BNK Petroleum Inc. (TSE:BKX). First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the busin...

  • Have Equity Indexes Limited Oil’s Fall?
    Market Realist3 days ago

    Have Equity Indexes Limited Oil’s Fall?

    What Helped Your Energy Portfolio Overcome Oil's Weakness?(Continued from Prior Part)US equity indexesIn the trailing week, US equity indexes had the following correlations with US crude oil active futures:the Dow Jones Industrial Average (DIA):

  • EIA Reports 1st U.S. Crude Inventory Decline in a Month
    Zacks3 days ago

    EIA Reports 1st U.S. Crude Inventory Decline in a Month

    Overall, oil is being supported by the OPEC+ deal to cut production by 1.2 million barrels per day. U.S. sanctions against Venezuela and Iran also continue to tighten the commodity's fundamentals.