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CL=F - Light Sweet Crude Oil Futures,D

NY Mercantile - NY Mercantile Delayed Price. Currency in USD

56.83

+0.37 (+0.66%)

As of 4:59PM EST. Market open.

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Pre. Settlement	N/A
Settlement Date	2018-11-19
Open	56.58
Bid	55.61

Last Price	56.46
Day's Range	55.89 - 57.96
Volume	106,913
Ask	56.97

Bloomberg58 minutes ago
Oil Short-Selling Continues to Rise With Faith in OPEC Waning
The bearish bets jumped 14 percent in the week ended Nov. 13 and have tripled since the end of September, according to data from the U.S. Commodity Futures Trade Commission and ICE Futures Europe on Friday. With oil prices slipping into a bear market, OPEC has promised to do what it takes to cut output.
Oilprice.com1 hour ago
Saudis Cut Oil Exports To U.S. To Boost Crude Prices
Saudi Arabia has slashed oil exports to the U.S. in a bid to support oil prices and reverse the build-up in U.S. crude inventories
Oilprice.com5 hours ago
Oil Rebounds On Hopes Of OPEC+ Action
Oil prices rebounded on Friday morning on hopes of OPEC+ action, but fell back a bit later in the day, continuing its downward trend
Market Realist6 hours ago
Mark Fisher: Oil’s Fall Is Over
In an interview with CNBC on November 14, Mark Fisher, a famous energy trader, said that the “worst is over” for crude oil. On November 15, US crude oil prices were 25.8% below their four-year high closing of $76.41 per barrel on October 3.
Oilprice.com8 hours ago
Canadian Oil Producers Divided On Output Cuts
Alberta oil producers are divided on cutting production, with some of the largest drillers suggesting cuts as high as 300,000 bpd
FX Empire14 hours ago
USD/CAD Daily Price Forecast – USD/CAD Near Weekly Lows As Loonie Gained Upper Hand With Rising Crude Oil Price
Subdued USD price action does little to lend any support or stall the ongoing corrective slide.
FX Empire23 hours ago
Brexit and a Choppy GBP, with the EUR and Inflation in Focus
With economic data on the lighter side, we can expect geo-politics to continue to take center stage, the Pound in desperate need of good news.
Barrons.comyesterday
Falling Oil Prices Will Hurt Texas and Help California
The price of West Texas Intermediate benchmark oil has dropped nearly 25% since the beginning of October. Gasoline prices have already begun falling and will probably continue to do so if oil prices remain subdued. Significantly lower energy prices would affect the composition and distribution of U.S. economic activity although they wouldn’t do much to the overall level of spending and output.
Investing.comyesterday
U.S. Crude Oil Inventories Rose by 10.27M Barrels Last Week: EIA
Investing.com - U.S. crude oil inventories rose more than expected last week, the Energy Information Administration said in its weekly report on Thursday.
Oilprice.comyesterday
Can OPEC Halt An Oil Market Meltdown?
Both OPEC and non-OPEC supply has increased rapidly in the last couple of months, causing oil prices to slide, but as rumors of new cuts hit the wires, what will the cartel do next?
Oilprice.comyesterday
The World's Most Important Oil Region
The Middle East remains crucial in growing conventional oil production, with countries like Iraq, Iran, the UAE and the neutral zone between Kuwait and Saudi Arabia leading the charge
Bloombergyesterday
Two Words That Sent the Oil Market Plunging: Negative Gamma
As the options become increasingly valuable, banks have to sell more and more futures contracts to try and contain their losses. Its impact on Tuesday, when West Texas Intermediate crude slumped $4.24 to $55.69 a barrel, was exacerbated by the large number of options involved.
Oilprice.comyesterday
Significant Crude Build Weighs On Oil Markets
Amid concerns of weakening global oil demand, the EIA reported a major build in crude inventories and small draws in both gasoline and distillate stocks
Reutersyesterday
Upset by Trump's Iran waivers, Saudis push for deep oil output cut
"The Saudis are very angry at Trump. Washington has said the waivers are a temporary concession to allies that imported Iranian crude and might have struggled to find other supplies quickly when U.S. sanctions were imposed on Nov. 4.
Motley Foolyesterday
3 Top Oil Stocks to Buy in November
Oil prices have begun to fall, but these stocks still look ripe to outperform over the long haul.
Investing.comyesterday
Top 5 Things to Know in The Market on Thursday
Investing.com - Here are the top five things you need to know in financial markets on Thursday, November 15:
Investing.com2 days ago
Oil Prices Continue to Slide on Oversupply Worries
Investing.com - Oil prices continued to fall on Thursday as data revealed crude inventories have been rising more than expected.
Bloomberg2 days ago
Oil's Record Plunge Is a ‘Made in America’ Phenomenon, Citi Says
The State Department’s zigzag on Iran sanctions, President Donald Trump’s tweets about OPEC supply, the demand-sapping trade war with China and the explosion of shale oil production are all key factors leading to the collapse in crude prices since early October, Ed Morse, head of commodities research at Citigroup Inc., said in a phone interview. “The oversupply in the market is a made-in-America phenomenon,” Morse said Wednesday.
Bloomberg2 days ago
OPEC+ Weighs Bigger Output Cut on Increasing Risk of Glut
The talks are preliminary, however, and the size of the final production cut will largely depend on the starting point the Organization of Petroleum Exporting Countries and its partners use, said one of the people, asking not to be identified because the discussions are private. OPEC’s biggest producer, Saudi Arabia, said on Monday that oil producers need to cut 1 million barrels a day, reversing a June decision to boost supply to contain a price rally.
Barrons.com2 days ago
Dow Drops 206 Points, but Oil’s Recent Drop Could Mean the Worst Is Nearly Over
Crude oil prices bounced back slightly on Wednesday after 12 consecutive losing sessions. It didn’t help the stock market. Despite all the concerns, Torsten Slok ofDeutsche Bank thinks lower oil prices can be good news for the U.S. economy.
Investor's Business Daily2 days ago
Oil Prices Snap Worst-Ever Slump As OPEC Gets More Desperate
Oil prices rallied Wednesday amid reports OPEC is weighing a steep production cut, but a key U.S. supply report Thursday could dampen hopes for a rebound.
Barrons.com2 days ago
The 5 Non-Oil Stocks Most Exposed to Oil’s Crash
Norfolk Southern, Emerson Electric and LyondellBasell are among the non-energy companies with relatively high correlations to the price of oil.
Oilprice.com2 days ago
Crude Recovery? OPEC Eyes 1.4 Million Bpd Production Cut
Oil prices recovered some lost ground on Wednesday as OPEC and allies are discussing a potential output cut of 1.4 million bpd
Oilprice.com2 days ago
Oil Rebounds After Biggest Daily Loss In 3 Years
Oil prices bounced back ahead of today’s crude inventory report after having fallen 7 percent on Tuesday
Market Realist2 days ago
Oil Bulls: OPEC Might Have a Rescue Plan
As of November 12, US crude oil prices have fallen 27.1% from the multiyear closing high of $76.41 per barrel on October 3. Oversupply concerns have led the decline in oil prices. Based on a Reuters report, OPEC members and non-OPEC oil producers might develop a plan to reduce their oil output by up to 1.4 MMbpd (million barrels per day) in 2019. In the oil market report on November 14, the International Energy Agency expects global oil demand growth to rise by 1.3 MMbpd and 1.4 MMbpd in 2018 and 2019, respectively. A production cut of that magnitude might limit oil’s fall.