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Crude Oil Futures - Jul 15 (CLN5)

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60.29 +2.61    +4.52%
29/05 - 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 Streaming Chart

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Latest Crude Oil Comments

North Nickel
North Nickel May 30, 2015 10:24PM GMT
just keeping you guys posted. during monday I will be getting some shorts cause of the panic that will happen before june 5th. Ill most likely get out before june 5th and then follow the trend after the report. trade safe inverters.

gohei nishina
gohei nishina May 30, 2015 07:37PM GMT
I became determined to buy in "Kagiasi (Weekly)". This week's forecast range 56.55-60.71 by TS.We rush to come and full-fledged upward trend beyond the upper limit line.

Mike Dedmonton
Mike Dedmonton May 30, 2015 04:52PM GMT
Just looking at crude inventories, every week in May did have a draw down, total -11.5 mmbbl which is the greatest in the years I looked at (2011 and up). This is unusual to have 4 weeks of draw (but this is an unusual year). Typically, the fist week in June also a draw on stocks, but since imports have been light, I think we will see a build. The shale oil is more like a condensate, low on the heavier ends (kerosene, distillate) but great for making gasoline. Right now, gasoline is at records for this time of year, distillate is lower band of 5 year average, and kerosene is below 5 yr average. I think refineries will want to process a heavier crude. I think we will have the uptick in imports which will show as a build (might be this week, but no guarantee). This week could be very interesting.
The Prophet
The Prophet May 30, 2015 04:56PM GMT
Demand for motor gasoline over the last four weeks averaged over 9.2 million barrels a day, up 1.6% from the same period a year earlier.
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