Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Crude Oil Jumps on Middle East Tensions and an Unexpected Draw in EIA Inventories

Oil EIA Middle East Israel OPEC United States eurozone

December WTI crude oil (CLZ24) today is up +1.72 (+2.56%), and December RBOB gasoline (RBZ24) is up +0.0468 (+2.44%).

Dec crude oil prices today are moderately higher.  Dollar weakness today is supportive of energy prices.  Also, lingering Middle East tensions are supporting crude after Israel vowed to strike Iran "very hard" should it launch another attack on Israel.  Crude also rose today on a Reuters report that said OPEC+ could delay a planned hike in oil production.  Crude prices added their gains today after weekly EIA crude and gasoline inventories unexpectedly declined.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
‘We’re in a brotherhood now’: the Bill Pickett rodeo – photo essay
For several years, Chloe Kerleroux has been photographing African American cowboy communities in the southern US. Her work has mainly focused on trail rides: large gatherings where horses, music, dancing, family and community life come together. This year, she explored rodeo culture including at the Bill Pickett invitational in Atlanta
The Guardian - UK
The Guardian - UK
Is your name still common? What Canadian baby names reveal about how we’ve changed
A given name holds the spark of identity. It is ours — we wear it — yet it is also the primary label by which others know us. Names are inherently both personal and public.
The Conversation
The Conversation
Saturday Night Live skewers Pete Hegseth and RFK in cold open: ‘The only man who snorts more rhino horn than me’
Shane Gillis hosted the episode with musical guest Rosalía
The Independent UK
The Independent UK
'Black A** Piece of Sh*t': White Man Hurls Racist Taunts but Stayed in Car When Confronted in Viral Video
A video circulating online appears to show a white driver directing racist insults at a Black man during a parking dispute outside a Walmart in Kearny, New Jersey.
International Business Times UK
International Business Times UK
'Those Balls Are From Krypton?' Tom Welling Allegedly Posted a NSFW Selfie on Instagram
Tom Welling reportedly deleted an Instagram Story after an unintended reflection attracted attention online, prompting Smallville fans and former co-star Michael Rosenbaum to share Superman-themed jokes.
International Business Times UK
International Business Times UK
A battered 1677 wooden cabinet sold for $1.64 million after a key photo revealed its rarity
A small carved oak cabinet made in Salem, Massachusetts, in 1677 reached Sotheby’s as a few photographs submitted through its online portal. To an untrained eye, it might have looked like a grungy old box. Then Erik Gronning, a senior advisor in Sotheby’s American Furniture, Folk Art and Decorative Arts…
The Times of India
The Times of India
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play