WTI Oil: 50-Day Moving Average Resistance
Technical analysis of WTI Crude Oil hitting resistance at the 50-day moving average and what this market slowdown means for Western Canadian grain markets.2 pumpjacks at sunset by vadimrysev via iStock

Technical analysis of WTI Crude Oil hitting resistance at the 50-day moving average and what this market slowdown means for Western Canadian grain markets.2 pumpjacks at sunset by vadimrysev via iStock
August WTI crude oil (CLQ26 ) today is down -0.33 (-0.40%), and August RBOB gasoline (RBQ26 ) is down -0.0158 (-0.47%). Crude oil and gasoline prices gave up overnight gains and turned lower after Reuters reported that mediators had proposed a 10-day ceasefire between the US and Iran. Prices initia
Headlines over the weekend skewed bullish until 2am last night, when reports and rumors started flowing about Iranian leadership arriving in Pakistan. It was unclear what this meeting was supposed to entail, but it was taken as a signal that Iran may be willing to re-engage with the US on ceasefire
Atmos Energy will release its third-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.Atmos Energy company logo displayed on mobile phone By pitler2121
NiSource will release its second-quarter earnings soon, and analysts anticipate a double-digit profit dip.NiSource Inc_ on screen By Timon
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 heightene
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 rally in European nat-gas prices to a 3.75-month high. Prices rallied on concern that escalation of the US-Iran conflict will keep the Strait of
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 sharply higher today, with crude posting a 1-month high and gasoline posting a 7-week high. Crude is rallying today on heightened concerns...S
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.Row of server racks in data center by elbanco via Adobe Stock
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 Iran's power network.Crude Oil pumpjack at sunset by Zbynek Burival via Unsplash
Pinnacle West Capital will release its second-quarter earnings next month, and analysts anticipate a single-digit profit dip.Pinnacle West Capital Logo on Phone Screen, Company Icon By Postmodern Studio
August WTI crude oil (CLQ26 ) on Thursday closed down -0.65 (-0.82%), and August RBOB gasoline (RBQ26 ) closed down -0.0162 (-0.49%). Crude oil and gasoline prices gave up early gains on Thursday and settled lower, as a stronger dollar sparked profit-taking and long liquidation. Crude prices are su
August Nymex natural gas (NGQ26 ) on Thursday closed down -0.066 (-2.26%). Nat-gas prices fell to a 2-month low on Tuesday and settled sharply lower after weekly nat-gas inventories rose more than expected. The EIA reported that nat-gas inventories increased by +41 bcf in the week ended July 10, ab
August WTI crude oil (CLQ26 ) today is down -0.24 (-0.30%), and August RBOB gasoline (RBQ26 ) is down -0.0088 (-0.27%). Crude oil and gasoline prices are slightly lower today, weighed down by a stronger dollar. Crude prices are supported by heightened US-Iran tensions, which have reduced crude oil
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 Iran's power network. The Bab el-Mandeb gateway is another crucial chokepoint to global trade, linking the Arabian Sea to the Red Sea and onto
Hunterbrook says Bloom Energy sources its scandium from China, and if China were to cease exports, Bloom wouldn't have enough to meet demand.A concept image of a map of China with rare earth metals symbols on top by Ivan Marc via Shutterstock
August WTI crude oil (CLQ26 ) on Wednesday closed up +0.26 (+0.33%), and August RBOB gasoline (RBQ26 ) closed up +0.0736 (+2.28%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline up sharply at a 7-week high. Crude prices found support after the US launched airstrikes against
August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.020 (+0.69%). Nat-gas prices settled higher on Wednesday as forecasts for above-average US temperatures are expected to boost nat-gas demand from electricity suppliers to power air-conditioning. The Commodity Weather Group on Wednesday sai
August WTI crude oil (CLQ26 ) today is down -0.54 (-0.68%), and August RBOB gasoline (RBQ26 ) is up +0.0206 (+0.64%). Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance and turned lower today on a bearish weekly EIA inventory report. Crude prices initially...Stack
The war with Iran is continuing with a new wave of strikes being initiated by the US this morning. Through this week, the two sides have traded strikes with Iran again striking Gulf neighbors in retaliation. The Strait of Hormuz is reclosed again, but the US and Oman seem to have momentum in gaining