In a CNBC interview, the oil executive explained the disconnect between crude oil and gasoline prices.Darren Woods at the World Economic Forum captured on YouTube and downloaded via Wikimedia Commons
Selecting the right entry week is only one part of timing a seasonal spread. This article explores why the front-month contract can have a significant impact on historical profitability, consistency, and risk—and how front-month analysis helps narrow hundreds of possible spreads into a smaller group
September WTI crude oil (CLU26 ) on Friday closed up +1.08 (+1.29%), and September RBOB gasoline (RBU26 ) closed down -0.0171 (-0.55%). Crude oil and gasoline prices settled mixed on Friday. Crude oil rose sharply due to threats to global supplies with disruptions in the Strait of Hormuz and the...
September Nymex natural gas (NGU26 ) on Friday closed down -0.011 (-0.40%). Nat-gas prices posted modest losses on Friday amid signs of adequate US supplies. As of July 24, EIA nat-gas inventories were +6.4% above their 5-year seasonal average, signaling abundant supplies. Losses in nat-gas pric
September WTI crude oil (CLU26 ) today is up +1.65 (+1.97%) on Thursday, and September RBOB gasoline (RBU26 ) is down -0.0103 (-0.33%). Crude oil and gasoline prices are mixed today. Crude oil is sharply higher due to threats to global supplies with disruptions in the Strait of Hormuz and...Petrole
Strait of Hormuz by artemegorovv via Shutterstock
Brookfield Renewable: Q2 Earnings Snapshot
September WTI crude oil (CLU26 ) closed down -0.87 (-1.03%) on Thursday, and September RBOB gasoline (RBU26 ) closed down -0.0945 (-2.93%). Crude oil and gasoline prices gave up an overnight advance and settled lower on Thursday in hopes of a diplomatic solution to the US-Iran war. Crude prices als
September Nymex natural gas (NGU26 ) on Thursday closed up +0.036 (+1.32%). Nat-gas prices settled higher on Thursday on a smaller-than-expected storage increase. Weekly EIA nat-gas inventories rose +28 bcf in the week ended July 24, below expectations of +37 bcf. Nat-gas prices extended their gain
September WTI crude oil (CLU26 ) today is down -0.16 (-0.19%), and September RBOB gasoline (RBU26 ) is down -0.0740 (-2.29%). Crude oil and gasoline prices gave up an overnight advance and turned lower on hopes for a diplomatic solution to the US-Iran war, along with signs of increased oil...Oil tan
Overnight, the US followed through on Trump's promise and struck Iranian military infrastructure, with reports of LNG tankers docked in Egypt also getting hit. By most measures that should send crude flying. Instead, it's moving lower. The market's read is that these strikes and the militia attacks
An expert look at light crude oil market trends, Elliott Wave setups, and price targets impacting Western Canadian grain marketing and fuel costs.Crude Oil pumpjack at sunset by Zbynek Burival via Unsplash
APA Corporation has significantly outperformed the broader market over the past year, but analysts are cautious about the stock’s prospects.Smartphone with logo of American petroleum company APA Corporation on screen in front of business website by Timon
September WTI crude oil (CLU26 ) on Wednesday closed up +5.20 (+6.56%), and September RBOB gasoline (RBU26 ) closed up +0.0815 (+2.59%). Crude oil and gasoline prices rallied sharply on Wednesday amid a fresh round of hostilities in the Middle East, which threatens global energy supplies. Gains in
August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.063 (+2.37%). Nat-gas prices rebounded from a 3-month nearest-futures low and settled higher amid fund short covering as Wednesday was the last trading day for the August Nymex natural gas futures contract. Prices have been under pressure
September WTI crude oil (CLU26 ) today is up +5.31 (+6.70%), and September RBOB gasoline (RBU26 ) is up -0.0802 (+2.55%). Crude oil and gasoline prices are soaring today amid a fresh round of hostilities in the Middle East, which threatens global energy supplies. Gains in crude accelerated after Pr
With BKR stock suffering a long string of negative sessions, historical trends suggest that the energy name could be due for a comeback.Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
The ceasefire didn't survive the week. Iran fired ballistic missiles at US forces overnight, and the US and Saudi Arabia hit back against Iran-backed militias in Iraq who'd already been drone-striking Saudi oil infrastructure. Crude is waking up to the news, and traders who got comfortable with "de-
U.S.-Iran hostilities are on hold, Brent is correcting, but the risks and consequences haven't gone away.Image by Sorapop Udomsri via Shutterstock
September WTI crude oil (CLU26 ) on Tuesday closed down -3.35 (-4.06%), and September RBOB gasoline (RBU26 ) closed down -0.0253 (-0.80%). Crude oil and gasoline prices settled sharply lower on Tuesday for a third day, with crude falling to a 1-week low. Crude prices added to Monday’s sharp losses.
