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The Latest Breaking News from crude oil

Crude Prices Moderately Lower on Concern About Tighter Fed Policy

September WTI crude oil (CLU23 ) on Monday closed down -0.88 (-1.06%), and Sep RBOB gasoline (RBU23 ) closed up +2.13 (+0.77%). Crude oil and gasoline prices Monday settled mixed. Crude prices fell back from a 3-3/4 month high posted in overnight trade and turned lower on concerns the Fed...

Barchart

Crude Prices Slip on Concerns of Additional Fed Rate Hikes

September WTI crude oil (CLU23 ) this morning is down -0.93 (-1.11%), and Sep RBOB gasoline (RBU23 ) is up +0.52 (+0.19%). Crude oil and gasoline prices this morning are mixed. Crude prices fell back from a 3-3/4 month high in overnight trade and turned lower on concerns the Fed...

Barchart

Saudi Aramco’s quarterly profits drop nearly 40% but it still rakes in $30bn

Decline in crude oil prices and less refining income trims revenues inflated in 2022 by Russian invasion of Ukraine

The Guardian - UK

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3 Oil Stocks Topping Investors’ August Buy List

With crude oil supply set to suffer more constraints, quality energy stocks Repsol (REPYY), Sasol (SSL), and Ultrapar Participações (UGP), which are also participating in energy transition, have been justifiably popular on Wall Street. Read on….

StockNews.com

Crude Prices Settle Higher on Tight Global Supplies

September WTI crude oil (CLU23 ) on Friday closed up +1.27 (+1.56%), and Sep RBOB gasoline (RBU23 ) closed up +1.84 (+0.67%). Crude oil and gasoline prices Friday closed moderately higher, with crude posting a 3-1/2 month high. A weaker dollar Friday was bullish for energy prices. Also, the outlook...

Barchart

How High Will Oil Prices Rise?

Nearby WTI and Brent crude oil futures settled at $70.64 and $74.90, respectively, at the end of Q2 2023. WTI futures were 6.65% lower in Q2 and fell nearly 12% over the first half of 2023. Brent fell 6.25% in the second quarter and was almost 12.75% lower over the…

Barchart

Crude Prices Underpinned on the Outlook for Tighter Global Oil Supplies

September WTI crude oil (CLU23 ) this morning is up +1.02 (+1.25%), and Sep RBOB gasoline (RBU23 ) is up +1.03 (+0.37%). Crude oil and gasoline prices this morning are moderately high, with crude climbing to a 3-1/2 month high. A weaker dollar today is bullish for energy prices. Also,...

Barchart

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Crude Sharply Higher as Saudi Arabia Extends its Crude Production Cuts

September WTI crude oil (CLU23 ) on Thursday closed up +2.06 (+2.59%), and Sep RBOB gasoline (RBU23 ) closed down -1.11 (-0.40%). Crude oil and gasoline prices Thursday settled mixed. Crude prices recovered from a 1-week low Thursday and rallied sharply after Saudi Arabia said it would extend its 1...

Barchart

Crude Prices Jump as Saudi Arabia Extends its Crude Production Cuts

September WTI crude oil (CLU23 ) this morning is up +1.84 (+2.31%), and Sep RBOB gasoline (RBU23 ) is down -1.21 (-0.44%). Crude oil and gasoline prices this morning are mixed. Crude prices recovered from a 1-week low and rose sharply after Saudi Arabia said it would extend its 1...

Barchart

Crude Prices Retreat on Risk-Off Sentiment

September WTI crude oil (CLU23 ) on Wednesday closed down -1.88 (-2.31%), and Sep RBOB gasoline (RBU23 ) closed down -9.72 (-3.38%). Crude oil and gasoline prices Wednesday closed sharply lower. Crude prices fell back from a 3-1/2 month high and retreated after a plunge in stocks sparked risk-off sentiment...

Barchart

Crude Prices Sink with Stocks on Risk-Off Sentiment in Asset Markets

September WTI crude oil (CLU23 ) this morning is down -1.76 (-2.16%), and Sep RBOB gasoline (RBU23 ) is down -8.31 (-2.89%). Crude oil and gasoline prices this morning are moderately lower. Crude prices fell back from a 3-1/2 month high and turned lower after a stock sell-off sparked a...

Barchart

How much oil is produced in the US?

Since 2018, the US has been the largest producer of crude oil in the world.

USAFacts

Crude Prices Close Lower on a Risk-Off Tone in Asset Markets

September WTI crude oil (CLU23 ) on Tuesday closed down -0.43 (-0.53%), and Sep RBOB gasoline (RBU23 ) closed down -2.25 (-0.78%). Crude oil and gasoline prices Tuesday settled moderately lower. Tuesday's rally in the dollar index to a 3-week high weighed on energy prices. Also, Tuesday's slide in stock...

Barchart

Crude Prices Fall on a Risk-Off Tone in Asset Markets

September WTI crude oil (CLU23 ) this morning is down -0.57 (-0.70%), and Sep RBOB gasoline (RBU23 ) is down -0.43 (-0.15%). Crude oil and gasoline prices this morning are moderately lower. Today's rally in the dollar index to a 3-week high is weighing on energy prices. Also, a slide...

Barchart

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The Independent UK

Pipeline operators to pay $12.5M after crude oil spills in Montana, North Dakota

Two pipeline operators have agreed to pay a $12.5 million civil penalty related to crude oil spills in 2015 in Montana and in 2016 in North Dakota

Barchart

Crude Prices Rally on Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23 ) on Monday closed up +1.22 (+1.51%), and Sep RBOB gasoline (RBU23 ) closed up +0.79 (+0.27%). Crude oil and gasoline prices Monday settled moderately higher, with crude posting a 3-1/2 month high. Recent supply cuts from OPEC+ and Russia are underpinning crude oil prices....

Barchart

Sugar Prices Follow Crude Oil Higher

Oct NY world sugar #11 (SBV23 ) on Monday closed +0.19 (+0.79%), and Oct London white sugar #5 (SWV23 ) closed +4.80 (+0.71%). Sugar prices Monday posted moderate gains. Strength in crude oil (CLU23) supported sugar prices after WTI crude on Monday rallied more than +1% to a 3-1/2 month...

Barchart

Crude Prices Underpinned by Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.01 (+1.25%), and Sep RBOB gasoline (RBU23 ) is down -0.93 (-0.42%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-1/2 month high. Crude prices are underpinned by recent supply cuts from OPEC+ and...

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The Times of India

Modi government looting people, ruthlessly profiteering from petrol, diesel: Jairam Ramesh

NEW DELHI: Congress general secretary in-charge of the communications department Jairam Ramesh levelled a serious allegation against the Narendra Modi government at the Centre by stating that it is looting the people and resorting to brazen profiteering by selling cheap oil at exorbitant prices.

Zenger

Oil Prices Hit $80, Sparking 5-Week Winning Streak: 5 Must-Watch Oil ETFs To Ride The Wave

Crude oil has gained five weeks in a row, almost undetected by investors who are completely focused on the stock market surge fueled by AI stocks and the significant reduction in inflation

Barchart

Crude Settles Higher on Dollar Weakness and U.S. Energy Demand Optimism

September WTI crude oil (CLU23 ) on Friday closed up +0.49 (+0.61%), and Sep RBOB gasoline (RBU23 ) closed up +0.61 (+0.21%). Crude oil and gasoline prices Friday posted moderate gains, with crude climbing to a 3-1/4 month high and gasoline climbing to a 9-month high. A weaker dollar Friday...

Barchart

Crude Pushes Higher on Dollar Weakness and Easing U.S. Price Pressures

September WTI crude oil (CLU23 ) this morning is up +0.11 (+0.14%), and Sep RBOB gasoline (RBU23 ) is up +3.04 (+1.06%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting a 9-month high. A weaker dollar today is bullish for energy prices. Crude prices also...

StockNews.com

3 Energy Stocks to Watch With Strong Momentum

The dwindling crude oil supply and heightened demand for oil and gas may establish a continual upswing for the energy sector. The market conditions have helped energy stocks Chevron Corporation (CVX), Kinder Morgan (KMI), and PBF Energy (PBF) gain robust momentum lately. Read on….

Barchart

Crude Rallies on U.S. Energy Demand Optimism

September WTI crude oil (CLU23 ) on Thursday closed up +1.31 (+1.66%), and Sep RBOB gasoline (RBU23 ) closed up +4.13 (+1.45%). Crude oil and gasoline prices Thursday rallied moderately, with crude posting a 3-1/4 month high and gasoline posting a 9-month high. Signs of U.S. economic strength that is...

Barchart

Crude Moves Higher on U.S. Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.23 (+1.56%), and Sep RBOB gasoline (RBU23 ) is up +1.99 (+0.70%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 3-1/4 month high and gasoline posting a 9-month high. Signs of U.S. economic strength...

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