CL=F - Crude Oil Apr 19

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
60.05
-0.18 (-0.30%)
As of 4:14AM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2019-03-20
Open59.02
Bid60.07
Last Price59.83
Day's Range58.39 - 60.12
Volume49,405
Ask60.08
  • One Last Warning For The U.S. Shale Patch
    Oilprice.com8 hours ago

    One Last Warning For The U.S. Shale Patch

    The oil-price collapse of 2018 should have sent a clear message to producers to change production behavior or risk another price crash going forward

  • Oilprice.com9 hours ago

    U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever

    The United States became the world’s top oil producer in February, and now it may use its leverage to reinforce its position as a geopolitical force

  • Oilprice.com10 hours ago

    U.S. On The Hunt For Iranian “Ghost Tankers”

    The United States has started to target vessels that are transporting Iranian crude oil in violation of sanctions, threatening repercussions to shippers without a sanction waiver

  • Israel And Egypt Compete To Become New Energy Hub
    Oilprice.com11 hours ago

    Israel And Egypt Compete To Become New Energy Hub

    With the recent giant discoveries of the Tamar, Zohr and Leviathan fields in the East-Mediterranean, both Egypt and Israel are vying to become the region’s next energy hub

  • Marathon Petroleum’s Stock Price Range
    Market Realist13 hours ago

    Marathon Petroleum’s Stock Price Range

    Marathon Petroleum Stock Is Volatile in Q1(Continued from Prior Part)Expected price range In the previous part, we discussed the trend in Marathon Petroleum’s (MPC) moving averages. Now, we’ll discuss the company’s implied volatility to

  • Oilprice.com14 hours ago

    Morgan Stanley: Oil To Rise To $75 This Summer

    Investment bank Morgan Stanley sees higher oil prices in Q3 of 2019 as it expects oil markets to swing into a deficit

  • Analyzing Marathon Petroleum’s Moving Averages
    Market Realist15 hours ago

    Analyzing Marathon Petroleum’s Moving Averages

    Marathon Petroleum Stock Is Volatile in Q1(Continued from Prior Part)Marathon Petroleum’s moving averages In this part, we’ll discuss the trend in Marathon Petroleum’s (MPC) moving averages in the first quarter. First, we’ll see how Marathon

  • Oilprice.com15 hours ago

    Asian LNG Prices Hit Three-Year Lows

    Spot prices for LNG in Asia hit a three-year low last week as full inventories in the world’s most gas-thirsty nations cripple new demand

  • Oilprice.com18 hours ago

    Oil Prices Shoot Up On Large Inventory Draw

    Oil prices rose on Wednesday morning after the EIA confirmed a large draw in crude inventories

  • Exclusive: How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia
    Reutersyesterday

    Exclusive: How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia

    The shipments were loaded onto tankers with documents showing the fuel oil was Iraqi. The transfers show at least some Iranian fuel oil is being traded despite the reimposition of sanctions in November 2018, as Washington seeks to pressure Iran into abandoning nuclear and missile programs. While the United States has granted eight countries temporary waivers allowing limited purchases of Iranian crude oil, these exemptions do not cover products refined from crude, including fuel oil, mainly used to power the engines of large ships.

  • Oilprice.comyesterday

    After Libya And Venezuela, Is This The Next OPEC Wildcard?

    Anti-government protests in the North African country of Algeria intensified last weekend and industry watchers are already drawing parallels with its eastern neighbor Libya

  • Oil Price Rally Hits Resistance
    Oilprice.comyesterday

    Oil Price Rally Hits Resistance

    Oil prices are holding their ground after the most recent rally, with OPEC’s reassurances keeping prices at 4-month-highs

  • Canadian, Brazilian oil producers lock in revenues as prices rally: sources
    Reuters2 days ago

    Canadian, Brazilian oil producers lock in revenues as prices rally: sources

    Brazil's state-run oil giant Petróleo Brasileiro SA was also executing a part of its annual oil hedge last week, dealers and banking sources said. Canadian oil is priced against U.S. crude futures, and producers use a combination of the benchmark futures and other financial tools to protect against fluctuations in prices. Average U.S. crude prices for the rest of 2019 and 2020 hit their highest in four months, with 2019 prices reaching a high of $60.34 a barrel on Tuesday.

  • Oil & Gas Stock Roundup: Transocean's Contract Awards, Eni's Angola Discovery & More
    Zacks2 days ago

    Oil & Gas Stock Roundup: Transocean's Contract Awards, Eni's Angola Discovery & More

    Transocean (RIG) secured contracts for two of its drillships, namely Mykonos and Corcovado, which were acquired as part of Ocean Rig buyout in December 2018.

  • Oilprice.com2 days ago

    World’s Top Commodity Trader Sees Peak Oil Demand Looming

    Vitol, the world’s largest independent commodities trader sees peak oil demand in 15 years from now as it recognizes the need for more green energy

  • The Zacks Analyst Blog Highlights: HighPoint, Bonanza Creek, Extraction Oil, SRC Energy and Anadarko
    Zacks2 days ago

    The Zacks Analyst Blog Highlights: HighPoint, Bonanza Creek, Extraction Oil, SRC Energy and Anadarko

    The Zacks Analyst Blog Highlights: HighPoint, Bonanza Creek, Extraction Oil, SRC Energy and Anadarko

  • Oilprice.com2 days ago

    Oil Slips As Alberta Relaxes Oil Production Cuts

    The Canadian province of Alberta has further relaxed its production cuts, looking to increase the production quota in both May and June

  • OPEC Must Dig Deeper to Trim Stockpiles: Oil Strategy
    Bloomberg2 days ago

    OPEC Must Dig Deeper to Trim Stockpiles: Oil Strategy

    A committee of the most influential members in the 24-nation alliance of OPEC and non-OPEC countries met in the Azerbaijani capital, Baku, on Sunday and Monday and agreed to go beyond their pledged 1.2 million barrels a day of supply curbs in the coming months. The latest forecasts from supply-and-demand studies of the oil industry’s most-watched organizations—the International Energy Agency,  the U.S. Energy Information Administration, and the Organization of Petroleum Exporting Countries itself—show that they will need to do just that. The three agencies are coming to a consensus view that the world will need around 30.5 million barrels a day from the OPEC countries on average in 2019.

  • Oil Bulls: US Oil Exports Tend to Fall More
    Market Realist2 days ago

    Oil Bulls: US Oil Exports Tend to Fall More

    Oil Bulls: US Oil Exports Tend to Fall MoreBrent-WTI spread On March 18, Brent crude oil May futures settled ~$8.2 higher than the WTI crude oil May futures. On March 11, the spread was ~$9.5. In the past five trading sessions, the Brent crude oil

  • Future Spread: Oil Sentiments Changed
    Market Realist2 days ago

    Future Spread: Oil Sentiments Changed

    Why Oil's Rise Might Be Unstoppable(Continued from Prior Part)Futures spread On March 18, the US crude oil May 2019 futures closed ~$0.24 above the May 2020 futures. On March 11, the futures spread was at a discount of $1.2. On March 11–18, US

  • Why Oil’s Rise Might Be Unstoppable
    Market Realist2 days ago

    Why Oil’s Rise Might Be Unstoppable

    Why Oil's Rise Might Be UnstoppableUS crude oil On March 18, US crude oil prices rose 1% and settled at $59.38 per barrel—the highest closing level for active US crude oil futures since November 12. The oil prices likely rose due to the falling

  • Will the Fall in US Oil Production Accelerate?
    Market Realist2 days ago

    Will the Fall in US Oil Production Accelerate?

    Why Oil's Rise Might Be Unstoppable(Continued from Prior Part)Oil rig count Last week, the oil rig count fell by one to 833—the lowest level since May. The rig count tends to follow US crude oil prices with a three to six-month lag. In February

  • Canada's Alberta increases crude output limit for May and June
    Reuters2 days ago

    Canada's Alberta increases crude output limit for May and June

    The increases mean that by June, oil companies will be limited to 3.71 million bpd of production. Alberta mandated production cuts this year to ease congestion on export pipelines that resulted in crude getting bottlenecked in storage and the discount on Canadian heavy crude widening to record levels. "This temporary policy has been critical to reducing the oil price differential while we move ahead with our medium-term plan to ship more oil by rail and lead the long-term charge for new pipelines as we fight to get full value for the resources owned by all Albertans,” Premier Rachel Notley said in a statement.

  • Oilprice.com2 days ago

    Why Canadian Oil Giants Won’t Expand Production Capacity

    Canadian E&Ps are delaying or canceling projects, citing long-lasting pipeline woes as a major obstacle for the industry

  • Oil Hits 2019 High as OPEC+ Re-Commits to Cuts in the Near Term
    Bloomberg2 days ago

    Oil Hits 2019 High as OPEC+ Re-Commits to Cuts in the Near Term

    Futures advanced 1 percent in New York on Monday. The group known as OPEC+ closed a weekend meeting in Baku, Azerbaijan, having reaffirmed an intent to continue output cuts. At the same time, production in Venezuela and Iran is expected to continue declining.