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Crude Oil Futures QuotesGlobex


[TABLE="class: cmeTable cmeQuotesOptionstrue cmeQuotesGlobextrue cmeQuotesHighLowtrue cmeFloatingHead, width: 100%"]
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[TH="class: cmeQuotesMonth, bgcolor: #252525, align: center"]Month[/TH]
[TH="class: cmeQuotesOptions, bgcolor: #252525, align: center"]Options[/TH]
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[TH="class: cmeQuotesLast, bgcolor: #252525, align: center"]Last[/TH]
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[TH="class: cmeQuotesPriorSettle, bgcolor: #252525, align: center"]Prior Settle[/TH]
[TH="class: cmeQuotesOpen, bgcolor: #252525, align: center"]Open[/TH]
[TH="class: cmeQuotesHigh, bgcolor: #252525, align: center"]High[/TH]
[TH="class: cmeQuotesLow, bgcolor: #252525, align: center"]Low[/TH]
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[TH="class: cmeQuotesHiLow, bgcolor: #252525, align: center"]Hi / Low Limit[/TH]
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[/TD]
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[TH="align: center"]APR 2020[/TH]
[TD]APR 2020[/TD]
[TD]Show Price Chart[/TD]
[TD]33.95[/TD]
[TD="class: statusAlert"]-7.33[/TD]
[TD]41.28[/TD]
[TD]32.29[/TD]
[TD]34.88[/TD]
[TD]27.34[/TD]
[TD="class: cmeTableRight, align: right"]1,241,719[/TD]
[TD]No Limit / 0.01[/TD]
[TD="class: cmeUpdatedField"]10:55:21 CT
09 Mar 2020[/TD]
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[/TABLE]

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_quotes_globex.html
 
nasa1974 said:
Oil price war definitely not good for global economy.
Click to expand...

Why do you say that? Oil price war = better gas prices for consumers, to include all the transports. Cheaper import/export/travel costs. Maybe the benefit there is not big enough to offset the decline to the oil industry?
 
bmneveu said:
Why do you say that? Oil price war = better gas prices for consumers, to include all the transports. Cheaper import/export/travel costs. Maybe the benefit there is not big enough to offset the decline to the oil industry?
Click to expand...
I agree with that!!
 
I really don't know what the numbers are but just for posting sake and a little venting. Boo! Hoo! Instead of $40 million profit you are going to make $20 million profit. Big deal.
 
Futures Movers

U.S. oil plunges below $30 a barrel as emergency Fed moves fails to reassure traders on economy:cool:

Published: March 16, 2020 at 8:39 a.m. ET

Crude prices tumbled on Monday, in step with cratering global equities after an emergency Federal Reserve interest rate cut did nothing to stem the panic among investors triggered by the rapidly spreading coronavirus.
West Texas Intermediate crude for April delivery CL.1, -9.045% on the New York Mercantile Exchange fell $2.34, or 7.2%, to $29.39 a barrel. May Brent crude BRN00, -11.344% dropped $3.16, or more than 9%, to $30.69 a barrel on ICE Futures Europe.
Oil cratered last week after Russia and Saudi Arabia began a global crude price war following the breakdown of talks on production cuts.[more]

https://www.marketwatch.com/story/o...al-economic-collapse-2020-03-16?mod=home-page
 
Gas Prices Could Hit 99 Cents In Some States Due To Coronavirus, Expert Says


While everything looks bad right now amid the panic over the spread of the coronavirus, there’s at least one bright spot: gas prices.
The price per gallon has been dropping quickly over the past few weeks, but they could go much lower, according to GasBuddy.com.
The average price across the nation, according to the gas site, is $2.19. But Gas Buddy analyst Patrick De Haan on Monday told Fox News that the national average could soon plunge to $1.99, “with $1.49 on the horizon and some stations potentially pricing a gallon of regular as low as 99 cents.”
Five states — Iowa, Arkansas, Kansas, Louisiana and Tennessee — have already dropped below $2.
The prices are falling in part due to a recent increase in production in Saudi Arabia and Russia. Markets worldwide have dropped partly because oil prices plunged as producers squabbled over production and supply.
“The steep drop was triggered after Saudi Arabia announced it would raise production after OPEC’s deal with Russia to supply collapsed on Friday,” Forbes reported last week. Oil-producing countries are arguing how much to cut production to shore up up prices.[more]

https://www.thegatewaypundit.com/20...n-some-states-due-to-coronavirus-expert-says/
 
Coronavirus: Oil price collapses to lowest level for 18 years


The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic.
Brent crude fell to $22.58 a barrel at one point on Monday, its lowest level since November 2002.
Meanwhile the price of US West Texas Intermediate (WTI) fell below $20 a barrel and close to an 18-year low.
Oil prices have fallen by more than half during the past month as companies cut back or close production.
In addition to the drop in demand, a price war broke out earlier this month between Saudi Arabia and Russia.
This began when Saudi Arabia failed to convince Russia to back production cuts that had been agreed with the other members of the Opec oil producers' group.
The decision came as refineries around the world are processing less crude oil. Demand for transport has been hammered by grounded airlines and fewer cars on the roads as countries bring in tougher measures to fight the coronavirus outbreak.[more]

https://www.bbc.com/news/business-52089127?utm_source=whatfinger
 
Gas in a 5 miles radius from my house is $1.59 to $2.09 per gallon. The $1.59 is a half mile down the road. Dang it. I don't need gas. Just under full.
 
Oil prices turn lower despite hints Russia and Saudi Arabia are ‘very close’ to a deal

Oil prices fell on Monday, reversing earlier gains after the CEO of Russian sovereign wealth fund RDIF told CNBC that Moscow and Riyadh were “very close” to an oil deal.

Earlier, U.S. crude futures had fallen 10% after a meeting between OPEC and its allies, initially scheduled for Monday, was delayed.

The postponement stoked fears on Wall Street that a production cut might face hurdles.
Click to expand...
https://www.cnbc.com/2020/04/05/oil...c-meeting-on-a-production-cut-is-delayed.html
 
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