CL=F - Crude Oil May 19

NY Mercantile - NY Mercantile Delayed price. Currency in USD
65.51
+1.51 (+2.36%)
As of 6:09AM EDT. Market open.
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Pre. SettlementN/A
Settlement date2019-04-22
Open64.00
Bid65.44
Last price64.00
Day's range64.00 - 65.87
Volume2,787
Ask65.46
  • New Coal Plants Are Just Too Expensive in China, Analysis Says
    Bloomberg3 hours ago

    New Coal Plants Are Just Too Expensive in China, Analysis Says

    “The profitability of coal-fired power plants is so low, there’s no incentive for them to build more,” said Morningstar analyst Jennifer Song. “China as a whole has set consumption targets for renewable energy sources.

  • Financial Times9 hours ago

    Oil hits 5-month high on report US to stop waivers on Iran imports 

    Oil climbed to a new five-month high on Monday following a report that the US will stop giving sanctions waivers to countries that import Iranian crude or condensate. The Washington Post reported on Sunday that the State Department will cease to grant waivers to countries to import Iranian oil from May 2.  in November to import limited amounts of Iranian oil.

  • Introducing Elixir Petroleum (ASX:EXR), The Stock That Tanked 76%
    Simply Wall St.10 hours ago

    Introducing Elixir Petroleum (ASX:EXR), The Stock That Tanked 76%

    We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits us in the gut when we see fellow investors suffer a loss. For example, we sympathize with anyone who was ca...

  • Oilprice.com12 hours ago

    The Perfect Storm That Could Drive Oil Even Higher

    Oil prices could be set to rise even further within the coming months as several critical geopolitical events could lead to an even tighter supply situation

  • Rothschild-Linked Oil Tycoon Makes Waves in Bitcoin Mining Pool
    CCN13 hours ago

    Rothschild-Linked Oil Tycoon Makes Waves in Bitcoin Mining Pool

    By CCN: A big shakeup at Argo Blockchain, the beleaguered bitcoin mining company that owns Argo Mining, has revealed that a Rothschild-linked London oil tycoon with a shadowy past just did the cannonball dive into the deep end of the crypto mining pool. As if you needed any more evidence that bitcoin has found the bottom of its year-plus-long bear slump, with the foundations already laid for a massive bitcoin bull run in 2019! Bitcoin Mining Firm Fires Top Brass, Onboards Oil Barron Frank Timiș, a 56-year-old Romanian-Australian businessman worth over $2 billion with deep interests in oil and gold

  • Oil Price Fundamental Weekly Forecast – Concerns Being Raised Over Continuation of OPEC-led Supply Cuts
    FX Empire18 hours ago

    Oil Price Fundamental Weekly Forecast – Concerns Being Raised Over Continuation of OPEC-led Supply Cuts

    U.S. energy firms last week reduced the number of oil rigs operating for the first time in three weeks as production growth forecasts from shale, the country’s largest oil fields, continue to shrink.

  • Is Marathon Petroleum Corporation's (NYSE:MPC) CEO Pay Fair?
    Simply Wall St.20 hours ago

    Is Marathon Petroleum Corporation's (NYSE:MPC) CEO Pay Fair?

    In 2011 Gary Heminger was appointed CEO of Marathon Petroleum Corporation (NYSE:MPC). First, this article will compare CEO compensation with compensation at other large companies. Next, we'll consider growth that the bus...

  • Oilprice.com2 days ago

    Permian Oil Now Selling At A Discount

    As the Permian continues to add production, prices of West Texas Light oil which used to trade at a premium to WTI, have no fallen a couple of dollars below the famous benchmark

  • Oilprice.com2 days ago

    Trump’s Oil Waiver Decision Is A Double-Edged Sword

    Japan is one of the several countries caught in the geopolitical crossfire between the U.S. and Iran, with all on edge ahead of a decision to extend or not to extend oil waivers

  • Weekly Recap – Dollar-Denominated Commodities Pressured by Strengthening Greenback
    FX Empire2 days ago

    Weekly Recap – Dollar-Denominated Commodities Pressured by Strengthening Greenback

    In addition to the strengthening U.S. Dollar, gold was also pushed to near its lowest level since the end of December last week as economic data from China improved enough to relax concerns over a global economic slowdown. U.S. West Texas Intermediate crude oil and international-benchmark Brent crude oil futures looked tired all week, which could be the first sign of a top-heavy market. Natural gas futures finished the week sharply lower after a government storage report showed a slightly larger than expected build.

  • Weekly Recap – New Zealand CPI Sinks Kiwi; Better China GDP, Domestic Jobs Data Not Enough to Save Aussie
    FX Empire2 days ago

    Weekly Recap – New Zealand CPI Sinks Kiwi; Better China GDP, Domestic Jobs Data Not Enough to Save Aussie

    Given the new CPI data, New Zealand economists are now predicting the Reserve Bank will cut its official cash rate from its present record low at 1.75 percent to 1.5 percent in May. Although traders are pricing in an RBA rate cut for later in the year, the employment report may have bought the central bank a little time. The AUD/USD price action suggests that traders may have increased bets the RBA will not rush to ease rates even though the broader economy has seemingly lost momentum.

  • Oilprice.com2 days ago

    The Oil Giant Focusing Only On Africa

    Angola’s state oil firm plans to sell off dozens of joint ventures and cut jobs in order to focus on its business in Africa

  • The Firm Floor Under Oil Prices
    Oilprice.com3 days ago

    The Firm Floor Under Oil Prices

    The continued slowdown of US shale production and the looming deadline for Iran sanctions waivers have put a floor under oil prices this week

  • S&P 500 Weekly Price Forecast – Stock markets facing major resistance
    FX Empire3 days ago

    S&P 500 Weekly Price Forecast – Stock markets facing major resistance

    The S&P 500 did very little during the trading week, as Friday was a holiday. The volume is very low, and of course we are in the middle of earnings season. Beyond that we are at the top of the market, and of course there is a lot of resistance above.

  • Crude Oil Price Forecast – Crude oil markets continue to grind sideways
    FX Empire3 days ago

    Crude Oil Price Forecast – Crude oil markets continue to grind sideways

    Crude oil markets were of course closed on Friday for the Good Friday holiday, but at this point it’s obvious that we are killing time, perhaps trying to break above major resistance.

  • Natural Gas Price Forecast – Natural gas markets at extreme lows
    FX Empire3 days ago

    Natural Gas Price Forecast – Natural gas markets at extreme lows

    The underlying natural gas futures were not open on Good Friday, but that doesn’t mean that we can’t take a look at the charts and glean some information going forward. As we roll through the Easter weekend, it’s easy to see that we are at a very important spot.

  • Oilprice.com3 days ago

    Why Russia Fails To Speed Up Production Cuts

    Russia pledged to speed up output cuts after the winter in order to comply with OPEC+ production quota, but has since then failed to speed up production cuts

  • Gold Price Prediction – Gold Consolidates Despite Uptick in Japanese Inflation
    FX Empire3 days ago

    Gold Price Prediction – Gold Consolidates Despite Uptick in Japanese Inflation

    Gold ends the week in the red

  • Oil Price Fundamental Daily Forecast – Drillers Cut Eight Oil Rigs This Week to 825
    FX Empire3 days ago

    Oil Price Fundamental Daily Forecast – Drillers Cut Eight Oil Rigs This Week to 825

    Traders are facing two major issues at this time: Further pressure on Iran and whether OPEC and its allies, including Russia will continue the deal to reduce production.

  • Oilprice.com4 days 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.4 days 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 Realist4 days 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):

  • Does Market Volatility Impact Abraxas Petroleum Corporation's (NASDAQ:AXAS) Share Price?
    Simply Wall St.4 days 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
    Bloomberg4 days 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
    Bloomberg4 days 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.