Navigate Up
Sign In

Crude falls 48 cents

Posted on: June 16, 2016

The slide in crude markets continues. WTI settled 48 cents lower on Wednesday at $48.01 while Brent gave back 86 cents to settle at $48.97. The EIA announced supply declined by close to 1MM while Cushing saw a build of 0.9MM. Gasoline had a large draw and distillates had a small build.

The market was mainly focused on the Fed speech yesterday, which was moderately dovish. The dovish tone combined with worries about Brexit is weighing on commodity prices, with WTI trading a $47 handle as the USD gains strength.

​​

Most Recent Market Updates

November 20, 2017

Natural gas gains 4.4 cents

NYMEX natural gas climbed 4.4 cents higher on Friday.

November 20, 2017

Crude gained $1.41

Crude prompt futures gained $1.41 on Friday to close the day at $56.55.

November 17, 2017

Natural gas falls 2.7 cents

NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

Crude prices slide $0.19

Crude prompt futures traded in a 69 cent range.

November 17, 2017

USDCAD range bound as Canadian CPI uneventful

Domestically we saw the biggest release of the week a few minutes ago.

November 14, 2017

Natural gas loses 5 cents

Cold weather emerged over the long weekend in the US Midwest to East as anticipated.

1-888-404-4646

Talk to a specialist

GlassdooreSSENTIAL Accessibility™Diversity and Inclusion

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Vendor Resources

2017 ATB Financial. All rights reserved. ®ATB Financial is a trade name/registered trademark of Alberta Treasury Branches.

ATB Financial