CL=F -

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
59.02
+1.11 (+1.92%)
As of 4:59PM EDT. Market open.
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Pre. SettlementN/A
Settlement DateN/A
OpenN/A
Bid58.95
Last PriceN/A
Day's Range57.50 - 59.10
Volume733,743
Ask59.13
  • Investing.com6 hours ago

    Energy & Precious Metals - Weekly Review and Calendar Ahead

    By Barani Krishnan

  • Natural Gas Price Prediction – Prices Rebound but Demand is Slipping
    FX Empire2 days ago

    Natural Gas Price Prediction – Prices Rebound but Demand is Slipping

    Inventories were lower than expected this week

  • Oil rises more than 1% but sets biggest weekly loss of 2019
    Reuters2 days ago

    Oil rises more than 1% but sets biggest weekly loss of 2019

    U.S. crude was pressured by climbing inventories, which are at their highest nationwide since July 2017 and at the highest since December 2017 at the Cushing, Oklahoma, delivery hub for the U.S. benchmark.[EIA/S] Economic worries fed by U.S.-China trade tensions have hit global markets, with the MSCI All Country index headed for a weekly fall exceeding 1%, its third week in the red.

  • Oil Slumps to Worst Weekly Loss of Year as Trade Fears Linger
    Bloomberg2 days ago

    Oil Slumps to Worst Weekly Loss of Year as Trade Fears Linger

    Futures in New York rebounded somewhat on Friday but still ended the week down 6.6%, the biggest decline since late December, after days of escalating rhetoric between China and the U.S. Chinese envoy Cui Tiankai said the Asian nation was committed to striking a deal on Friday but said it’s ready to apply countermeasures to American sanctions. Oil plunged 5.7% in New York on Thursday as investors fled riskier assets following the White House’s blacklisting of Huawei Technologies Co. and several Chinese surveillance companies, moves that have been met with defiance by Beijing. A report showing U.S. crude explorers cut drilling activity last week may have eased concern over growing oil supplies, said Ashley Petersen, an oil analyst at Stratas Advisors LLC in New York.

  • British Columbia cannot regulate Trans Mountain pipeline oil flows: court
    Reuters2 days ago

    British Columbia cannot regulate Trans Mountain pipeline oil flows: court

    The Trans Mountain expansion (TMX) project, which the Canadian government bought last year for C$4.5 billion ($3.35 billion) to help it get built, would nearly triple shipments of oil sands crude from Alberta to Canada's Pacific Coast. It has endured years of regulatory delays and fierce opposition from environmentalists, some indigenous groups and the British Columbia government. "This decision provides critical clarity for Trans Mountain, and future interprovincial pipeline projects," said Chris Bloomer, CEO of the Canadian Energy Pipeline Association.

  • Has the S&P 500 Index Made Oil’s Fall Sharper?
    Market Realist2 days ago

    Has the S&P 500 Index Made Oil’s Fall Sharper?

    Oil and Broader Market Dragged the Energy Portfolio(Continued from Prior Part)US equity indexesIn the trailing week, US equity indexes had the following correlations with US crude oil active futures:the S&P 500 (SPY): 53.2%the S&P Mid-Cap

  • BP: Lower Oil Prices Caused the Stock to Fall 5% in Q2
    Market Realist2 days ago

    BP: Lower Oil Prices Caused the Stock to Fall 5% in Q2

    BP: Lower Oil Prices Caused the Stock to Fall 5% in Q2BP stock, oil prices, and marketsSo far, BP (BP) stock has fallen 5.4% in the second quarter due to a fall in oil prices. WTI, the benchmark crude oil, has fallen 3.7% in the second quarter.

  • Oilprice.com2 days ago

    Oil Rebounds But Looks At Biggest Weekly Loss Of 2019

    Oil prices rose early on Friday, recovering from Thursday’s plunge that sent both WTI and Brent to their lowest levels in nearly two months, but prices are still poised to record the largest weekly decline of 2019

  • Natural Gas Now Beats Coal, Even in West Virginia
    Bloomberg2 days ago

    Natural Gas Now Beats Coal, Even in West Virginia

    For the first time ever, the famously coal-centric state of West Virginia last year produced more natural gas, as measured by energy content, than coal. West Virginia hasn’t been the biggest coal-producing state for a while; Wyoming, which passed it back in the 1980s, now mines more than three times as much of the stuff each year.

  • US Crude Oil: What to Expect by the End of May
    Market Realist2 days ago

    US Crude Oil: What to Expect by the End of May

    Oil and Broader Market Dragged the Energy Portfolio(Continued from Prior Part)Oil’s implied volatilityOn May 23, US crude oil’s implied volatility was 29.8%, which is 12% below its 15-day average. Usually, lower implied volatility supports oil

  • US Crude Oil Heading for Highest Weekly Loss in 2019
    Market Realist2 days ago

    US Crude Oil Heading for Highest Weekly Loss in 2019

    Oil and Broader Market Dragged the Energy PortfolioOil dragged energy stocks lowerOn May 16, US crude oil June futures fell 5.7% and settled at $57.91 per barrel—the biggest daily decline for active US crude oil futures since December 24. A 1.2%

  • Bitcoin Crosses $8,000 as Major Oil Futures See Losses
    Cointelegraph2 days ago

    Bitcoin Crosses $8,000 as Major Oil Futures See Losses

    Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) crosses the $8,000 mark again. Bitcoin is up over 5% on the day, trading at $8,018 at press time, according to CoinMarketCap. Earlier this week, CEO of Morgan Creek Capital Mark Yusko said bitcoin should be in every investor’s portfolio.

  • Should You Worry About Yanchang Petroleum International Limited's (HKG:346) CEO Pay Cheque?
    Simply Wall St.2 days ago

    Should You Worry About Yanchang Petroleum International Limited's (HKG:346) CEO Pay Cheque?

    Bruno Guy Deruyck became the CEO of Yanchang Petroleum International Limited (HKG:346) in 2016. This report will...

  • The World’s Most Controversial Coal Mine Doesn’t Add Up
    Bloomberg3 days ago

    The World’s Most Controversial Coal Mine Doesn’t Add Up

    After the opposition Labor party suffered heavy losses in coal-mining regions in Saturday’s Australian federal elections, the Carmichael project looks to be getting closer than ever to approval. There's a rarely discussed problem with this, though: The numbers on Carmichael don’t stack up – and haven't for most of the past decade, despite the mine becoming a high-profile proxy for broader fights over fossil fuels among politicians, lobbyists and environmentalists. (An Adani spokeswoman said our assumptions were incorrect, but didn't dispute any specific figures or provide alternative ones.

  • Oilprice.com3 days ago

    Norwegian Oil Output Set To Fall To Lowest Level In Three Decades

    Norwegian oil production continues to fall despite some very successful production cuts and efficiency gains

  • Oilprice.com3 days ago

    Canada’s Oil Hotspot Considers Going Nuclear

    In the wake of a new report suggesting Alberta’s oil sands may be even more toxic than originally anticipated, the nuclear industry offers an unlikely solution

  • Oilprice.com3 days ago

    Red Flag For Oil Markets: Asian Refining Margins Plunge To 16-Year Low

    Asian cracks spreads have fallen to levels not seen since the Spring of 2003, and this negative development has caused several refiners to cut crude intake

  • Energy Stocks on Pace for Worst Day in 5 Months as Crude Sinks
    Bloomberg3 days ago

    Energy Stocks on Pace for Worst Day in 5 Months as Crude Sinks

    Hess Corp., Concho Resources Inc., Cimarex Energy Co., and National Oilwell Varco Inc. were among stocks which slid more than 6%. While there’s no shortage of supply risks -- including the possibility that the Organization of Petroleum Exporting Countries will extend output curbs or that energy flows will be disrupted by rising tension in the Middle East -- those concerns have been mitigated by swelling U.S. stockpiles, meaning there’s been little respite for prices. Capital One upgraded its ratings on several companies to overweight from equalweight and is now bullish on Bonanza Creek Energy Inc., Berry Petroleum Corp., Callon Petroleum Co., Marathon Oil Corp., Noble Energy Inc., Penn Virginia Corp., SM Energy Co., and Cimarex Energy Co. Additionally, Comstock Resources Inc., Laredo Petroleum Inc., and W&T Offshore Inc. were raised to equalweight from underweight.

  • How Many Oasis Petroleum Inc. (NYSE:OAS) Shares Have Insiders Sold, In The Last Year?
    Simply Wall St.3 days ago

    How Many Oasis Petroleum Inc. (NYSE:OAS) Shares Have Insiders Sold, In The Last Year?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

  • Options Traders Expect Huge Moves in Marathon Petroleum (MPC) Stock
    Zacks3 days ago

    Options Traders Expect Huge Moves in Marathon Petroleum (MPC) Stock

    Marathon Petroleum (MPC) needs investors to pay close attention to the stock based on moves in the options market lately.

  • Did You Manage To Avoid Midstates Petroleum Company's (NYSE:MPO) 38% Share Price Drop?
    Simply Wall St.3 days ago

    Did You Manage To Avoid Midstates Petroleum Company's (NYSE:MPO) 38% Share Price Drop?

    Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. Active...

  • Cabot Oil & Gas Is Rising despite Weakness in the Energy Market
    Market Realist3 days ago

    Cabot Oil & Gas Is Rising despite Weakness in the Energy Market

    How Did Energy Commodities Impact Energy Stocks?(Continued from Prior Part)Natural gas–weighted stocks’ returnsOn May 15–22, our list of natural gas–weighted stocks fell 10%, while natural gas April futures fell 2.2%. On average, natural

  • Which Oil-Weighted Stocks to Avoid amid Oil’s Decline?
    Market Realist3 days ago

    Which Oil-Weighted Stocks to Avoid amid Oil’s Decline?

    How Did Energy Commodities Impact Energy Stocks?Oil-weighted stocks are sensitive to oilThe following oil-weighted stocks could be sensitive to oil’s price movements based on their correlations with US crude oil July futures on May 15–22:

  • Investors Who Bought Whiting Petroleum (NYSE:WLL) Shares Five Years Ago Are Now Down 93%
    Simply Wall St.3 days ago

    Investors Who Bought Whiting Petroleum (NYSE:WLL) Shares Five Years Ago Are Now Down 93%

    We're definitely into long term investing, but some companies are simply bad investments over any time frame. We...

  • Oilprice.com4 days ago

    The Silence Before The Storm In Oil Markets

    Current market volatility may seem low when taking into account the numerous supply outages and the trade war between the U.S. and China, but oil markets could be about to get a lot rockier in the second half of 2019