CL=F - Crude Oil May 18

NY Mercantile - NY Mercantile Delayed price. Currency in USD
69.14
+0.67 (+0.98%)
As of 11:36AM EDT. Market open.
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Pre. SettlementN/A
Settlement date2018-04-20
Open68.75
Bid69.14
Last price68.47
Day's range68.56 - 69.56
Volume48,317
Ask69.16
  • How Is Halliburton Reacting to the Crude Oil Price Change?
    Market Realist1 hour ago

    How Is Halliburton Reacting to the Crude Oil Price Change?

    The correlation coefficient between Halliburton’s (HAL) stock price and the crude oil price from April 16, 2017, to April 16, 2018, was 0.56, which indicates a healthy positive relationship between Halliburton stock and crude oil prices.

  • Natural Gas–Weighted Stocks Might Follow Natural Gas
    Market Realist1 hour ago

    Natural Gas–Weighted Stocks Might Follow Natural Gas

    On April 18, 2018, natural gas May futures were unchanged and closed at $2.739 per MMBtu (million British thermal units). On April 19, 2018, the EIA’s natural gas inventory report will likely be important for natural gas prices.

  • Market Realist1 hour ago

    Have Oil-Weighted Stocks Started Outperforming Crude Oil?

    On April 11–18, 2018, our list of oil-weighted stocks rose 8.8%. US crude oil June futures rose 2.6% during this period. In the seven calendar days to April 18, the oil-weighted stocks with the largest gains were: Oasis Petroleum (OAS) rose 17.6%. WPX Energy (WPX) rose 13.6%. California Resources (CRC) rose 13.1%.

  • US Crude Oil Is at a 3-Year High
    Market Realist1 hour ago

    US Crude Oil Is at a 3-Year High

    On April 18, 2018, US crude oil June futures rose 2.9% and closed at $68.47 per barrel—the highest closing level for US crude oil active futures since December 2014.

  • API Reported a Drop in US Crude Oil Inventories
    Market Realist4 hours ago

    API Reported a Drop in US Crude Oil Inventories

    May 2018 WTI crude oil futures contracts rose 0.9% from the previous settlement and were trading at $67.13 per barrel at 2:25 AM EST on April 18, 2018.

  • Hedge Funds Reduce Net Long Positions in WTI Crude Oil
    Market Realist4 hours ago

    Hedge Funds Reduce Net Long Positions in WTI Crude Oil

    Hedge funds’ net long position in WTI crude oil futures and options contracts trading in NYMEX and ICE decreased by 3,275 to 441,634 on April 3–10, 2018. The net long positions fell for the second straight week.

  • US Gasoline and Distillate Inventories Could Move Oil Prices
    Market Realist4 hours ago

    US Gasoline and Distillate Inventories Could Move Oil Prices

    The API released its gasoline and distillate inventory data on April 17, 2018. The API reported that US gasoline inventories decreased by 2.4 MMbbls (million barrels) on April 6–13, 2018. Analysts estimate that US gasoline inventories could have declined by ~0.2 MMbbls during the same period.

  • 5 Top-Ranked Stocks to Buy as Oil Prices Hit 3-Year High
    Zacks4 hours ago

    5 Top-Ranked Stocks to Buy as Oil Prices Hit 3-Year High

    The immediate trigger for the surge was a slump in U.S. crude inventories and lingering geopolitical tensions.

  • Why Rise in Natural Gas Inventories Might Be Bullish for Natural Gas
    Market Realist4 hours ago

    Why Rise in Natural Gas Inventories Might Be Bullish for Natural Gas

    Natural gas inventories declined by 19 Bcf (billion cubic feet) to 1,335 Bcf in the week ending April 6, 2018, according to the EIA’s (U.S. Energy Information Administration) report announced on April 12, 2018. The fall in the EIA’s data was eight Bcf more than the market’s expected fall. On April 12, 2018, natural gas May futures rose 0.4%.

  • What’s Expected for Encana’s Free Cash Flow in 1Q18
    Market Realist4 hours ago

    What’s Expected for Encana’s Free Cash Flow in 1Q18

    Wall Street analysts expect Encana’s (ECA) OCF (operating cash flow) to be ~$436 million in 1Q18, ~311% higher than its OCF of ~$106 million in 1Q17 and~18% higher than its OCF of ~$369 million in 4Q17. Its OCF is expected to be higher due to higher production. Analysts expect ECA’s 1Q18 capital expenditure to be ~$453 million, meaning ECA’s 1Q18 free cash flow could be negative.

  • Oilprice.com16 hours ago

    5 Likely Winners Of The Next Oil Boom

    The oil price recovery has incentivized most oil companies to fire up the rigs, but only the best prepared will stand out in the next oil boom

  • Oilprice.com17 hours ago

    Shale Boom Creates New Petrochemical Hub

    Record shale gas production in the U.S. is not just beneficial for consumers, it also created a perfect environment for the petrochemical industry

  • Oilprice.com17 hours ago

    $100 Oil Is Back On The Table

    There are once again whispers in the market of $100 oil, with Saudi Arabia reportedly happy to see oil prices go that high

  • Oilprice.com18 hours ago

    Could Natural Gas Threaten Permian Oil Production?

    Permian Basin oil production is booming, but the growth rate is being threatened by rapidly growing volumes of associated natural gas

  • Why the Oil Rig Count Could Lead to More Upside for Natural Gas
    Market Realist19 hours ago

    Why the Oil Rig Count Could Lead to More Upside for Natural Gas

    The natural gas rig count was at 192 in the week ending April 13, 2018, two less than in the previous week.

  • What’s behind Whiting Petroleum’s Recent Stock Performance?
    Market Realist19 hours ago

    What’s behind Whiting Petroleum’s Recent Stock Performance?

    Whiting Petroleum (WLL) stock has shown stellar performance since the beginning of this year, rising ~35% since the start of 2018. On a year-over-year basis, the stock has risen ~13%.

  • Whiting’s Production and Capex Estimates for 1Q18 and 2018
    Market Realist21 hours ago

    Whiting’s Production and Capex Estimates for 1Q18 and 2018

    Whiting Petroleum’s (WLL) production guidance for 1Q18 is 126.1 Mboe/d (million barrels of oil equivalent per day), compared to production of ~117 Mboe/d in 1Q17 and 128.1 in 4Q17. The year-over-year production growth in 4Q17 was mainly due to increased DJ Basin volumes. Production in the DJ Basin in 4Q17 had averaged 20.62 Mboe/d, compared to 9.2 Mboe/d in 4Q16.

  • MarketWatch21 hours ago

    Oil prices mark highest settlement in about 3 1/2 years

    Oil futures climbed Wednesday, settling at their highest level in nearly 3 1/2 years, on the back of an unexpected decline in weekly U.S. crude inventories and expectations that major oil producers will ...

  • How Did Bunker Fuel Prices Move in Week 15?
    Market Realistyesterday

    How Did Bunker Fuel Prices Move in Week 15?

    Previously in this series, we discussed that most of the crude tanker stocks rose in the week ended April 13, 2018. VLCC (very large crude carrier) rates dropped below $10,000, while Suezmax rates dropped below $5,000. In this part of the series, we’ll see how bunker fuel prices fared in week 15.

  • Oilprice.com2 days ago

    A Natural Gas Giant Like No Other

    One company is attempting to transform the way the LNG industry functions, creating a new type of producer that can undercut the competition

  • Crude Gains As Industry Is Said To Report Surprise Crude Draw
    Investor's Business Daily2 days ago

    Crude Gains As Industry Is Said To Report Surprise Crude Draw

    Oil edged higher after an industry report showed U.S. crude stockpiles and supplies at the nation's largest storage hub both declined. Futures in New York climbed from the settlement Tuesday after the American Petroleum Institute was said to have reported U.S. crude inventories tumbled 1.05 million barrels last week. Supplies at the Cushing, Okla., hub decreased for the first time...

  • Oilprice.com2 days ago

    Is Saudi Arabia Losing Its Asian Oil Market Share?

    Just as China’s oil imports jumped to the second highest level on record, Saudi Arabia raised the price of its flagship crude, jeopardizing its Asian market share

  • MarketWatch2 days ago

    API data reportedly show an unexpected weekly decline in U.S. crude supplies

    The American Petroleum Institute reported Tuesday that U.S. crude supplies fell by roughly 1 million barrels for the week ended April 13, according to sources. The API data also showed a decline of nearly ...

  • Oil Markets: The Calm Before The Storm
    Oilprice.com2 days ago

    Oil Markets: The Calm Before The Storm

    Oil prices are holding steady as markets continue to tighten and analysts await inventory reports and OPEC comments

  • Why Natural Gas Prices Didn’t Affect Southwestern Stock Last Week
    Market Realist2 days ago

    Why Natural Gas Prices Didn’t Affect Southwestern Stock Last Week

    As we have seen in the previous part of this series, Southwestern Energy’s (SWN) stock rose more than 5% last week. Last week, Southwestern Energy’s stock had a positive correlation of ~3% with natural gas.