Crude Oil Gains a Dollar Off China-U.S. Optimism, U.S. EIA Data
Oil Rebounds CLM = 61.83s +1.08 (+1.78%) QAM = 65.85s +1.18 (+1.82%)The index of oil up by Pashalgnatov via istock
Nat-Gas Prices Tumble as Warm US Temps Should Rebuild Inventories
May Nymex natural gas (NGK25 ) on Wednesday closed down by -0.082 (-2.46%). May nat-gas prices on Wednesday tumbled to a 2-1/2 month low and settled moderately lower. The outlook for warm spring US temperatures that will curb heating demand and allow nat-gas inventories to rebuild is weighing on pr
Crude Prices Climb on Possible De-Escalation of US-China Trade Tensions
May WTI crude oil (CLK25 ) today is up +1.27 (+2.07%), and May RBOB gasoline (RBK25 ) is up +0.0139 (+0.69%). Crude oil and gasoline prices today are moderately higher. Today's slide in the dollar is supportive of crude prices. Also, the prospects of de-escalating US-China trade tensions are posi
Iran Deal Threatens Supply Shock—Will Bulls Defend the Range?
WTI Crude Oil Futures (May) Yesterday’s Settlement: 61.33, down -0.20 [-0.33%] WTI Crude Oil futures finished the day lower, driven by Dollar strength, fundamental selling, and reportedly positive progress on US-Iran nuclear talks. The progress has been surprisingly good after the first round of US-
Energy Demand Concerns Undercut Crude Prices
May WTI crude oil (CLK25 ) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25 ) closed up +0.0022 (+0.11%). Crude oil and gasoline prices on Tuesday settled mixed. Tuesday's stronger dollar weighed on crude prices. Also, Tuesday's action by the International Energy Agency (IEA) to c
Nat-Gas Prices Recover as US Weather Forecasts Cool
May Nymex natural gas (NGK25 ) on Tuesday closed up by +0.004 (+0.12%). May nat-gas prices on Tuesday recovered from a 2-1/4 month low and settled slightly higher. Short covering emerged in nat-gas futures Tuesday when forecaster Atmospheric G2 said that forecasts shifted cooler for the central and
Energy Commodities in Q1 2025- Where are they Heading in Q2?
The energy sector of the commodities market moved higher in Q1 2025, led by double-digit percentage gains in gasoline and natural gas. The energy composite gained 4.62% over the first three months of 2025.2 pumpjacks at sunset by vadimrysev via iStock
Boeing's dark days may not be over yet
Boeing is back in the spotlight, this time not because of security issues, but because of geopolitics, ongoing trade wars, falling oil prices, and growing fears of a global economic slowdown.White and red plane taking off from airport by Justin Hu via Unsplash
Crude Prices Weaken as IEA Cuts its Global Crude Demand Forecast
May WTI crude oil (CLK25 ) today is down -0.23 (-0.37%), and May RBOB gasoline (RBK25 ) is up +0.0033 (+0.16%). Crude oil and gasoline prices today are mixed. Today’s stronger dollar is weighing on crude prices. Also, today’s action by the International Energy Agency (IEA) to cut its global...A fu
Oil Struggles for Direction as Bears Eye Breakdown Below $60
The macro environment traded risk-on and the Dollar recorded another day with a sharply lower move. The risk-on tone was driven by the announced tariff reprieve for electronics and chips over the weekend.Stacked oil barrels by JONGHO SHIN via iStock
Crude Oil Chops Around in Middle of Near-Term Range, OPEC Lowers Forecast
The June WTI (CLM25 ) contract settled at 61.05 (+0.15) [+0.25%] , high of 62.07, low of 60.12. Spot price is 61.51 (+1.34) Open interest for CLM25 is 290,785. CLM25 settled above its 5 day (60.51), below its 20 day (65.88), below its 50 day (67.68), below its 100 day...An oil tanker out at sea by G
Why June WTI Crude Oil Futures Are Tanking—And How to Play It
2025 has seen the crude oil market as a crucible of volatility, shaped by a cascade of global events that demand the attention of professional traders and hedgers. Understanding these dynamics is critical to seizing opportunities and risk management for those trading West Texas Intermediate (WTI) or
Nat-Gas Prices Slammed by Above-Normal Spring Temps
May Nymex natural gas (NGK25 ) on Monday closed down by -0.202 (-5.73%). May nat-gas prices settled sharply lower on Monday due to revised warmer US weather forecasts, which will curb heating demand for nat-gas. On Monday, the Commodity Weather Group said that forecasts shifted warmer for the easte
Crude Prices Finish Slightly Higher as Risk-On Sentiment Returns to Asset Markets
May WTI crude oil (CLK25 ) Monday closed up +0.03 (+0.05%), and May RBOB gasoline (RBK25 ) closed up +0.0231 (+1.16%). Crude oil and gasoline prices on Monday posted modest gains. Monday's weaker dollar was supportive of energy prices. Also, a pause for some US tariffs lifted equity markets and..
Crude Prices Pressured by Constructive Iran-US Nuclear Talks
May WTI crude oil (CLK25 ) today is down -0.11 (-0.18%), and May RBOB gasoline (RBK25 ) is up +0.0172 (+0.86%). Crude oil and gasoline prices today are mixed. Today's weaker dollar is supportive of energy prices. Also, easing some US tariffs lifted equity markets and sparked risk-on sentiment in.
WTI Rallies on Trade Hopes… But Could Iran Send Prices to the $40s?
WTI Crude Oil futures ended last week marginally lower after a volatile trading week.Stacked oil barrels by JONGHO SHIN via iStock
What to Expect From Schlumberger’s Q1 2025 Earnings Report
While oilfield giant Schlumberger is all set to unveil its first-quarter results later this month, analysts expect a mild earnings dip.Schlumberger Ltd_ logo on phone -by Piotr Swat via Shutterstock
What to Expect From Phillips 66's Q1 2025 Earnings Report
Phillips 66 is all set to release its fiscal first-quarter earnings later this month, and analysts project a high double-digit profit decline.Phillips 66 vintage sign- by BD Images via iStock
A possible hot summer for natural gas? & The climatic variables that will shape global commodity weather (PLUS a complimentary issue of our newsletter)
Heads Up! (if you haven’t heard about the demise of La Niña) Jim’s got the scoop...El nino phenomenon by Designua via Shutterstock