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Crude Oil Dec 32 (CLZ32.NYM)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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63.10+0.76 (+1.22%)
As of 02:25AM EDT. Market open.
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  • Yahoo Finance

    Trump wants to bring down energy prices — why that's not easy

    Republican presidential candidate Donald Trump said his top priority if reelected to the White House will be to “drill, baby, drill” to lower the cost of energy. Oil companies may not comply.

  • Yahoo Finance Video

    US election, restrictions could drive oil supply 'angst'

    Oil prices (BZ=F, CL=F) break out of their three-day losing streak Wednesday morning due to falling US crude supply. Truist Securities energy research managing director Neal Dingmann joins Morning Brief to discuss the movements in oil prices and what they could look edging closer to the presidential election in November. "At least for the remainder of this year, we see prices remaining around this level, the $80 level. I think what's caused, by the way, the last selloff is just a little bit of abatement of the geopolitical risk. But when you look up in the election and especially when you know, again, let's assume... former President Trump would take office in January... I think you would have immediately much less energy restrictions," says Dingmann. He continues with: "And the reverse if, Kamala Harris is elected and the Democrats stay in office and a lot of energy restrictions are maintained, I think you have an angst that production will potentially even fall from from current levels as sustainable... and as a result, I think that could cause prices to go up even over $90 a barrel." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

  • Yahoo Finance Video

    Spot ether ETFs, copper, oil prices: Commodity Check

    Spot ether ETFs have reportedly accrued $10.2 billion in assets across just nine funds since firms began trading the ethereum-exposed (ETH-USD) products on Tuesday. Jared Blikre takes a look at cryptocurrency trends before turning his attention to the commodities space, including copper (HG=F) and crude oil (CL=F, BZ=F) prices. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.