CL=F - Crude Oil May 19

NY Mercantile - NY Mercantile Delayed price. Currency in USD
64.00
+0.24 (+0.38%)
As of 4:59PM EDT. Market open.
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Pre. SettlementN/A
Settlement date2019-04-22
Open63.75
Bid63.41
Last price64.00
Day's range63.46 - 64.16
Volume114,864
Ask64.51
  • Oilprice.com5 hours ago

    China’s Newest Oil Hotspot Is In America’s Backyard

    China is ramping up its oil drilling initiative in Cuban waters, using cutting-edge technology to reach deposits that Cubans couldn’t touch

  • Does BNK Petroleum Inc.'s (TSE:BKX) CEO Pay Matter?
    Simply Wall St.7 hours ago

    Does BNK Petroleum Inc.'s (TSE:BKX) CEO Pay Matter?

    In 2008 Wolf Regener was appointed CEO of BNK Petroleum Inc. (TSE:BKX). First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the busin...

  • Have Equity Indexes Limited Oil’s Fall?
    Market Realist7 hours ago

    Have Equity Indexes Limited Oil’s Fall?

    What Helped Your Energy Portfolio Overcome Oil's Weakness?(Continued from Prior Part)US equity indexesIn the trailing week, US equity indexes had the following correlations with US crude oil active futures:the Dow Jones Industrial Average (DIA):

  • EIA Reports 1st U.S. Crude Inventory Decline in a Month
    Zacks8 hours ago

    EIA Reports 1st U.S. Crude Inventory Decline in a Month

    Overall, oil is being supported by the OPEC+ deal to cut production by 1.2 million barrels per day. U.S. sanctions against Venezuela and Iran also continue to tighten the commodity's fundamentals.

  • Does Market Volatility Impact Abraxas Petroleum Corporation's (NASDAQ:AXAS) Share Price?
    Simply Wall St.11 hours ago

    Does Market Volatility Impact Abraxas Petroleum Corporation's (NASDAQ:AXAS) Share Price?

    If you own shares in Abraxas Petroleum Corporation (NASDAQ:AXAS) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility. Modern finance theory con...

  • OPEC+ Cuts Oil Production and Russian Exporters Win
    Bloomberg17 hours ago

    OPEC+ Cuts Oil Production and Russian Exporters Win

    The supply cuts from the so-called OPEC+ nations, coupled with U.S. sanctions on Venezuela and Iran, have reduced the amount of medium- and heavy-grade sour crude on the market. While Russia is part of the output cuts effort, exports of its medium-sour Urals crude -- the country’s biggest export grade -- are set to soar this month to an almost two-year high. “The apparent lack of other alternative medium, sour grades is forcing Mediterranean and Northwest European buyers to rely increasingly on Urals,” consultants JBC Energy GmbH said in a report.

  • India Should Beware of Saudi Aramco's Billions
    Bloomberg21 hours ago

    India Should Beware of Saudi Aramco's Billions

    Saudi Arabian Oil Co. is doing its best to make nice with one of its biggest customers. With the ink barely dry on the takeover of 70 percent of the country’s chemical giant Saudi Basic Industries Corp. and the issuance of its first-ever corporate bond, Aramco is looking to buy a stake in the world’s biggest oil refinery. Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is seeking to sell as much as a quarter of its refining business for at least $10 billion and is entertaining offers from Aramco and Abu Dhabi National Oil Co., people with knowledge of the matter told Bloomberg News this week.

  • AUD/USD Forex Technical Analysis – April 18, 2019 Forecast
    FX Empire21 hours ago

    AUD/USD Forex Technical Analysis – April 18, 2019 Forecast

    Based on the early trade, the direction of the AUD/USD on Thursday is likely to be determined by trader reaction to the price cluster at .7154 to .7153.

  • Oilprice.comyesterday

    U.S. Shale Is Upending Crude Flows In This Oil Frontier

    The U.S. shale boom is upending global oil markets as far as crude flows from West Africa to Europe and other parts of the world, and is squeezing in particular Nigeria’s struggling oil industry

  • Oilprice.comyesterday

    Oil Rebounds On Bullish Inventory Data

    Oil prices recovered somewhat on Wednesday morning after the EIA reported an inventory draw across the board

  • OPEC Risks Gambling Away Success Again as $80 Oil Looms
    Bloomberg2 days ago

    OPEC Risks Gambling Away Success Again as $80 Oil Looms

    In the first quarter, coordinated production curbs by the Organization of Petroleum Exporting Countries and its allies helped oil rally the most in almost a decade, restoring prices to over $70 a barrel. Saudi Arabia, the group’s most powerful member, has made clear that it’s determined to keep supplies tight. OPEC and its partners launched a new round of output cuts at the beginning of the year when it looked like booming U.S. shale-oil production and fragile global demand growth would lead to a supply surplus.

  • Oilprice.com2 days ago

    Oil Could Fall To $40 If OPEC Abandons Its Deal

    Russia has announced that the country is contemplating boosting oil production, as the fight for market share with the U.S. heats up

  • Oilprice.com2 days ago

    Scientists Find Oil-Eating Superbacteria On Bottom Of The Ocean

    Scientists have just found a fascinating oil-eating bacteria in the Marina Trench, a discovery which could be key to cleaning up the ocean

  • Oilprice.com2 days ago

    The 2020 Elections Could Be A Turning Point For Oil & Gas

    The 2020 elections could well be a turning point for the U.S. oil and gas industry, with many democratic candidates threatening to ramp up regulations

  • Oil Bulls Undaunted By OPEC Fears
    Oilprice.com2 days ago

    Oil Bulls Undaunted By OPEC Fears

    Fears of OPEC+ abandoning its cuts were not enough to kill bullish sentiment in the oil market, with hedge funds betting big on Brent crude

  • Crude Oil Price Update – May Be Forming Potentially Bearish Secondary Lower Top
    FX Empire2 days ago

    Crude Oil Price Update – May Be Forming Potentially Bearish Secondary Lower Top

    Based on the current price at $63.85, the direction of the June WTI crude oil market into the close is likely to be determined by trader reaction to the short-term 50% level at $63.93.

  • Forex Daily Recap – Poor UK Unemployment Data Weighed Down The Cable
    FX Empire2 days ago

    Forex Daily Recap – Poor UK Unemployment Data Weighed Down The Cable

    The EUR/USD showcased a seesawed performance during the day. AUD/USD plunged in the Asian session after the announcement of RBA’s dovish monetary comments. The loonie pair fell off to 1.3350 levels over weaker reports and crude upliftment.

  • S&P 500 Price Forecast – Stock markets struggle on rally
    FX Empire2 days ago

    S&P 500 Price Forecast – Stock markets struggle on rally

    The S&P 500 tried to rally during the trading session on Tuesday, reaching towards the highs again, but then turned around to form a bit of a shooting star midday. At this point, we are in a massive uptrend but obviously it’s likely that we need to build up a bit of momentum.

  • Oilprice.com2 days ago

    Red Hot Permian Set To Jolt U.S. Shale Output To New Record

    Crude oil production from the seven key shale regions in the United States is expected to increase by 80,000 bpd from April to hit a record 8.46 million bpd in May

  • Oilprice.com2 days ago

    U.S. Doubles Oil Exports In 2018

    The United States nearly doubled its oil exports in 2018, the Energy Information Administration reporting on Monday, from 1.2 million barrels per day in 2017

  • Futures Spread: Bullish Sentiments Fall for Oil
    Market Realist2 days ago

    Futures Spread: Bullish Sentiments Fall for Oil

    Has Oil Lost Its Uptrend?(Continued from Prior Part)Futures spread On April 15, the US crude oil May 2019 futures closed ~$2 above the May 2020 futures. On April 8, the futures spread was at a premium of $3.5. On April 8–15, US crude oil May

  • Has Oil Lost Its Uptrend?
    Market Realist2 days ago

    Has Oil Lost Its Uptrend?

    Has Oil Lost Its Uptrend?US crude oil On April 15, US crude oil prices fell 0.8% and settled at $63.4 per barrel. Profit-booking and concerns about a possible extension of the OPEC and non-OPEC production cut into the second half of 2019 have

  • Rising Oil Rigs Might Not Impact Oil
    Market Realist2 days ago

    Rising Oil Rigs Might Not Impact Oil

    Has Oil Lost Its Uptrend?(Continued from Prior Part)Oil rig count Last week, the oil rig count rose by two to 833—just 17 more rigs than the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with a three to

  • Marathon Petroleum Is in the Top Spot
    Market Realist2 days ago

    Marathon Petroleum Is in the Top Spot

    Which Refiners Do Analysts Like before Q1 Earnings?(Continued from Prior Part)Marathon PetroleumMarathon Petroleum (MPC) occupies the top spot among the six US refiners. All of the 17 analysts covering Marathon Petroleum recommended a “buy”

  • Oil's Facing Odds of Demand Worsening Before Getting Better
    Bloomberg3 days ago

    Oil's Facing Odds of Demand Worsening Before Getting Better

    While the current rally in global benchmark prices to over $71 a barrel will put pressure on government finances in Asia’s import-dependent nations, the level of fiscal stress typically doesn’t determine their crude purchases. In a discouraging sign for oil bulls, some indicators of consumption such as diesel profit margins have shown signs of weakness recently. “Demand for crude in Asia and other regions is directly dependent upon downstream fuel margins,” said Tushar Tarun Bansal, trading and downstream expert at McKinsey & Co. “In the near term, what we’re observing are weak margins and higher-than-usual planned refinery maintenance in Asia,” said Singapore-based Bansal.