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Crude Oil Aug 26 (CLQ26.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2026-07-21 |
| Open | 64.25 |
| Bid | 0.00 |
| Last price | 68.73 |
| Day's range | 64.22 - 64.25 |
| Volume | |
| Ask | 0.00 |
Yahoo FinanceOil expected to head back into high $80s by September, JPMorgan analysts say
Oil rebounded from a sharp sell-off earlier this week.
- 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
Oil prices tumble to four-month low
Crude oil (CL=F, BZ=F) prices have plunged to a four-month low after OPEC+ announced an extension of production cuts into 2025. This move has sparked bearish sentiment among investors. Yahoo Finance's Ines Ferré breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
