Crude Oil Jan 27 (CLF27.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2026-12-21 |
| Open | 54.00 |
| Bid | 51.82 |
| Last price | 67.46 |
| Day's range | 54.00 - 54.00 |
| Volume | |
| Ask | 0.00 |
- Yahoo Finance Video
Oil prices: Energy markets were expecting 'a gift' from OPEC
Crude oil prices (CL=F, BZ=F) take a dip further following the OPEC+ decision to extend production cuts into 2025 while easing voluntary cuts for its member countries. CIBC Private Wealth US Senior Energy Trader Rebecca Babin likens the oil market to an over-expectant party host: "They [the market] wanted those cuts extended into the end of 2024, and we didn't get the gift. And the market's disappointed. So that was the first kind of reaction lower that we saw on Sunday night into Monday." Babin goes on to describe oil futures' reactions to softening manufacturing data from the ISM. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Market close: Dow falls 115 points following PMI print
The Dow Jones Industrial Average (^DJI) ended Monday's session 115 points lower while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) manage to eke out some gains. Market Domination's Julie Hyman recaps the day's market performances after the ISM's manufacturing Purchasing Managers' Index (PMI) print and OPEC's extended oil (CL=F, BZ=F) production cuts, while Jared Blikre reports on the day's sector action. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Yahoo FinanceOil falls 3% on OPEC production cut as demand worries surface
Oil slides after OPEC+ detailed the unwinding of its production cut plan going into 2025. Wall Street had expected cuts to be extended through the end of the year.
