Navigate Up
Sign In

Crude falls as OPEC/non-OPEC nations struggle to agree

Posted on: April 18, 2016

So, how about that Doha eh? WTI tumbled over a dollar on Friday to settle at $40.36, and is down almost another $2 this morning. The reason? Saudi Arabia refuses to commit to a production freeze without Iran, and Iran has no interest in complying. It's almost like you could have predicted that two countries that dislike one another would have a tough time solving a Prisoner's dilemma.

The bulls will now be forced to search for a new form of optimism as we begin a new week of trading.


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.


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 | Supplier Resources

©ATB Financial 2019. All rights reserved. ATB Financial is a trade name/registered trademark.

ATB Financial