The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest for CLM25 is 297,188. CLM25 settled below its 5 day (59.69), below its 20 day (61.19), below its 50 day (65.22), below its 100 day (68.04), below its 200 day (68.65) and below its year-to date (67.92) …
Crude Oil Crashes Through $60 Barrier in Relentless Selloff
The June WTI (CLM25) contract settled at 58.21 (-2.21) [-3.66%], high of 60.43, low of 57.91. Cash price is 60.48 (-1.57). Open interest for CLM25 is 290,180. CLM25 settled below its 5 day (61.31), below its 20 day (62.19), below its 50 day (65.74), below its 100 day (68.20), below its 200 day (68.81) and below its year-to date (68.14) …
Ongoing Oil Demand Uncertainty Pressures Futures Market
The June WTI (CLM25) contract settled at 60.42 (-1.63) [-2.63%], high of 62.07, low of 60.12. Cash price is 62.05 (-0.99). Open interest for CLM25 is 291,495. CLM25 settled below its 5 day (62.08), below its 20 day (62.80), below its 50 day (65.99), below its 100 day (68.29), below its 200 day (68.89) and below its year-to date (68.26) …
Oil Futures Weigh Economic Uncertainty
The June WTI (CLM25) contract settled at 62.05 (-0.97) [-1.54%], high of 63.92, low of 61.48. Spot price is 63.04 (+0.24). Open interest for CLM25 is 295,096. CLM25 settled below its 5 day (62.73), below its 20 day (63.33), below its 50 day (66.19), below its 100 day (68.37), below its 200 day (68.97) and below its year-to date (68.35) …
OPEC Rumors of a June Output Increase, Ceilings Hold for Brent and WTI
The June WTI (CLM25) contract settled at 62.79 (+0.52) [+0.84%], high of 63.31, low of 61.99. Spot price is 62.24 (-1.44). Open interest for CLM25 is 300,434. CLM25 settled below its 5 day (63.02), below its 20 day (64.00), below its 50 day (66.52), below its 100 day (68.46), below its 200 day (69.10) and below its year-to date (68.51) …
Turnaround-Tuesday Turns Around The Oil Markets
The June WTI (CLM25) contract settled at 63.67 (+1.26) [+2.02%], high of 64.36, low of 61.76. Spot price is 63.08 (-1.58). Open interest for CLM25 is 315,151. CLM25 settled above its 5 day (62.50), below its 20 day (64.63), below its 50 day (66.89), below its 100 day (68.56), below its 200 day (69.23) and below its year-to date (68.66) …
Oil Prices Slide Amid Broader Market Selloff
The June WTI (CLM25) contract settled at 62.41 (-1.60) [-2.50%], high of 63.78, low of 61.76. Spot price is 64.66 (+2.17). Open interest for CLM25 is 323,773. CLM25 settled above its 5 day (62.07), below its 20 day (64.91) , below its 50 day (67.03), below its 100 day (68.61), below its 200 day (69.30) and below its year-to date …
Oil Ends Week Higher Amid Iran-China Sanctions, Rising Canadian Crude Demand from China
The June WTI (CLM25) contract settled at 64.01 (+2.18) [+3.53%], high of 64.18, low of 61.96. Spot price is 62.49 (+1.15). Open interest for CLM25 is 317,061. CLM25 settled above its 5 day (61.71), below its 20 day (65.17), below its 50 day (67.17), below its 100 day (68.68), below its 200 day (69.37) and below its year-to date (168.8) …
Crude Oil Gains a Dollar Off China-U.S. Optimism, U.S. EIA Data
The June WTI (CLM25) contract settled at 61.83 (+1.08) [+1.78%], high of 62.31, low of 59.87. Spot price is 61.34 (-0.24). Open interest for CLM25 is 306,044. CLM25 settled above its 5 day (60.87), below its 20 day (65.36), below its 50 day (67.29), below its 100 day (68.73), below its 200 day (69.43) and below its year-to date (68.88) …
IEA Lowers 2025 Global Oil Demand Forecast, Raises Global Supply
The June WTI (CLM25) contract settled at 60.75 (-0.30) [-0.49%], high of 61.57, low of 60.38. Spot price is 61.58 (+0.07). Open interest for CLM25 is 298,731. CLM25 settled below its 5 day (60.86), below its 20 day (65.60), below its 50 day (67.48), below its 100 day (68.79), below its 200 day (69.50) and below its year-to date (68.98) …