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Crude Oil Futures - Jul 15 (CLN5)

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60.29 +2.61    +4.52%
20:59:59 GMT - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Barrel

  • Prev. Close: 57.68
  • Open: 57.96
  • Day's Range: 57.74 - 60.69
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Crude Oil 60.29 +2.61 +4.52%
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Crude Oil Overview

Prev. Close57.68
MonthJul 15
Tick Size0.01
Contract Size1,000 Barrels
Tick Value10
Day's Range57.74 - 60.69
Settlement TypePhysical
Base SymbolCL
52 wk Range44.03 - 107.50
Last Trading Day06/19/2015
1-Year Return-43.24%
Point Value1 = $1000

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Latest Crude Oil Comments

Tony McBride
Tony McBride May 29, 2015 10:15PM GMT
Who's going long in June, and why?

Steve Fenety
Steve Fenety May 29, 2015 10:04PM GMT
I'm going to say this was end of month window dressing by all of the parties interested in trying to prevent what would otherwise have been a serious acceleration in the withdrawal of ETF money. Oddly enough the supposedly passive ETF money has grown so large in this sector that it is not passive at all. Most people look at their end of month statements without delving much deeper. .
Steve Fenety
Steve Fenety May 29, 2015 10:11PM GMT
If that guess is right there won't be much support next week.
Mike Dedmonton
Mike Dedmonton May 29, 2015 10:15PM GMT
I was looking for a reason, as this price rise had no substance. I will have to keep this type of thinking in mind next time.

Jack Smith
Jack Smith May 29, 2015 08:45PM GMT
the shorter manupulators had to get out before the weekend they couldn't risk staying in the manipulation game ie golden slacks. June is shaping up to be a good driving season with air conditioners running and they all need oil. the natural supply demand equation will take precedence over the day trader manipulators (like those that post on this forum every 30 seconds). So yes a 60 handle for May and more bullishness to come. enjoy the weekend all!
Highlander Man
Highlander Man May 29, 2015 09:12PM GMT
rotflmao, June is set to crash oil hard, starting next week. I will be wearing my golden thawb with the dollar signs all over it in celebration of OPEC meeting next week. my camel runs on water, no fuel required. no need for a/c here, beside when i do it is natural gas. JS, i think you are pulling our legs, silly you for being long oil over the weekend, that is high risk, but you already know this ;-)
Mike Dedmonton
Mike Dedmonton May 29, 2015 10:01PM GMT
Still holding my short at 58 (should have kept the one at 61). Trend is still in tact for oil to drop. Over production is now even worse then the start of the year while North America looks like its heading for a recession. Go long if you want, but don't think there is any substance to this price rise.
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