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The Latest Breaking News from crude oil

Crude Prices Sink on the Outlook for Weaker Global Energy Demand

June WTI crude oil (CLM23 ) this morning is down -2.87 (-4.01%), and June RBOB gasoline (RBM23 ) is down -10.73 (-4.41%). June Nymex natural gas (NGM23 ) is down -0.105 (-4.74%). Crude oil and gasoline prices this morning are falling sharply for a second session, with crude posting a...

Barchart

Crude Prices Close Sharply Lower on Global Energy Demand Concerns

June WTI crude oil (CLM23 ) on Tuesday closed down -4.00 (-5.29%), and June RBOB gasoline (RBM23 ) closed down -11.47 (-4.50%). Crude oil and gasoline prices Tuesday sold off sharply, with crude posting a 5-week low and gasoline posting a 6-week low. Crude prices are under pressure on concern...

Barchart

Crude Prices Sink on Global Energy Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -3.60 (-4.76%), and June RBOB gasoline (RBM23 ) is down -10.65 (-4.18%). June Nymex natural gas (NGM23 ) is down -0.104 (-4.49%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 5-week low and gasoline...

Barchart

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Data | Russia’s exports to India rise further, trade deficit balloons

India accounts for more than 70% of the seaborne supplies of the grade so far this month and China for about 20%

The Hindu

Crude Oil Prices Retreat on Dollar Strength and Chinese Economic Concerns

June WTI crude oil (CLM23 ) on Monday closed down -1.12 (-1.46%), and June RBOB gasoline (RBM23 ) closed up +2.03 (+0.80%). Crude oil prices Monday settled lower. A rally in the dollar index Monday to a 1-1/2 week high undercut energy prices. Also, Chinese economic concerns weighed on crude...

Barchart

Crude Falls on Dollar Strength and Concern About China's Recovery

June WTI crude oil (CLM23 ) this morning is down -1.34 (-1.75%), and June RBOB gasoline (RBM23 ) is down -0.16 (-0.06%). June Nymex natural gas (NGM23 ) is down -0.101 (-4.19%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure from a stronger...

Barchart

Crude Prices Close Higher on Tight Supplies and Stonger Fuel Demand

June WTI crude oil (CLM23 ) on Friday closed up +2.02 (+2.70%), and June RBOB gasoline (RBM23 ) closed up +3.74 (+1.50%). Crude oil and gasoline prices Friday posted moderate gains on tight global supplies and strength in energy demand. U.S. gasoline demand in the week ended April 21 rose...

Barchart

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Crude Moves Higher on Tight Supplies and Stonger Fuel Demand

June WTI crude oil (CLM23 ) this morning is up +1.37 (+1.83%), and June RBOB gasoline (RBM23 ) is up +5.08 (+2.04%). June Nymex natural gas (NGM23 ) is up +0.065 (+2.76%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing on tight global supplies...

Barchart

Crude Prices Settle Higher on Tight Supplies

June WTI crude oil (CLM23 ) on Thursday closed up +0.46 (+0.62%), and June RBOB gasoline (RBM23 ) closed down -1.98 (-0.79%). Crude oil and gasoline prices Thursday settled mixed, with gasoline falling to a 5-week low. Crude and gasoline have carryover support from Wednesday when the EIA reported weekly...

Barchart

Crude Prices Gain on Tight Supplies

June WTI crude oil (CLM23 ) this morning is up +0.25 (+0.34%), and June RBOB gasoline (RBM23 ) is down -1.44 (-0.57%). June Nymex natural gas (NGM23 ) is up +0.022 (+0.95%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 5-week low. Crude and...

Barchart

Crude Prices Sink as U.S. Banking Woes May Undercut the Economy

June WTI crude oil (CLM23 ) on Wednesday closed down -2.77 (-3.59%), and June RBOB gasoline (RBM23 ) closed down -4.58 (-1.79%). Crude oil and gasoline prices Wednesday sold off sharply, with crude falling to a 3-1/2 week low and gasoline tumbling to a 5-week low. Energy prices are under...

Barchart

Sugar Prices Slip on Crude Oil Weakness and Expectations for Increased Brazil Sugar Output

May NY world sugar #11 (SBK23 ) on Wednesday closed down -0.14 (-0.53%), and Aug London white sugar #5 (SWQ23 ) closed down -10.00 (-1.42%). Sugar prices Wednesday fell back from 11-year highs and posted moderate losses. A slump of more than -2% in crude oil prices Wednesday sparked long...

Barchart

Crude Recovers Early Losses as EIA Crude Inventories Fall More Than Expected

June WTI crude oil (CLM23 ) this morning is up +0.03 (+0.04%), and June RBOB gasoline (RBM23 ) is up +1.18 (+0.46%). May Nymex natural gas (NGK23 ) is down -0.151 (-6.55%). Crude oil and gasoline prices this morning recovered from early losses and are slightly higher after weekly EIA...

Barchart

Oil Rises as Falling US Inventories Refocus Market on Demand

Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling US crude oil and fuel inventories refocused investors on robust demand in the world's top oil consumer. Brent crude climbed by 30 cents, or 0.4%, to $81.07 a barrel by 0358 GMT. US…

Asharq Al-Awsat

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Barchart

Crude Prices Move Lower on Dollar Strength and Economic Concerns

June WTI crude oil (CLM23 ) on Tuesday closed down -1.69 (-2.15%), and June RBOB gasoline (RBM23 ) closed down -5.17 (-1.98%). Crude oil and gasoline prices Tuesday retreated, with crude falling to a 3-week low. Dollar strength Tuesday pressured energy prices. Also, concern that a slowdown in the global...

Barchart

Crude Oil Prices Retreat on Dollar Strength and Economic Concerns

June WTI crude oil (CLM23 ) this morning is down -1.73 (-2.20%), and June RBOB gasoline (RBM23 ) is down -5.97 (-2.29%). May Nymex natural gas (NGK23 ) is down -0.043 (-1.89%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 3-week low. Dollar...

Barchart

Crude Oil Closes Moderately Higher on Stronger Chinese Fuel Demand

June WTI crude oil (CLM23 ) on Monday closed up +0.89 (+1.14%), and June RBOB gasoline (RBM23 ) closed up +3.47 (+1.35%). Crude oil and gasoline prices Monday recovered from early losses and closed moderately higher. A fall in the dollar index to a 1-week low Monday was bullish for...

Barchart

Crude Oil Prices Rise on Stronger Chinese Fuel Demand

June WTI crude oil (CLM23 ) this morning is up +0.73 (+0.94%), and June RBOB gasoline (RBM23 ) is up +2.14 (+0.83%). May Nymex natural gas (NGK23 ) is up +0.014 (+0.63%). Crude oil and gasoline prices this morning recovered from early losses and are moderately higher. A fall in...

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Crude Oil and the U.S. SPR

The U.S. SPR has dropped steadily and stood at the lowest level since October 1983 on April 14, 2023. The Biden administration authorized an unprecedented SPR release and sale following Russia’s invasion of Ukraine that drove crude oil prices to over $130 per barrel in March 2022, the highest price…

Barchart

Crude Settles Higher on Strength in U.S. Manufacturing Activity

June WTI crude oil (CLM23 ) on Friday closed up +0.50 (+0.65%), and June RBOB gasoline (RBM23 ) closed up +1.53 (+0.60%). Crude oil and gasoline prices Friday closed moderately higher. Crude prices found support from Friday's news that U.S. Apr manufacturing activity unexpectedly expanded by the most in 6...

Barchart

Crude Climbs on Strength in U.S. Manufacturing Activity

June WTI crude oil (CLM23 ) this morning is up +0.47 (+0.61%), and June RBOB gasoline (RBM23 ) is up +1.90 (+0.74%). May Nymex natural gas (NGK23 ) is down -0.038 (-1.69%). Crude oil and gasoline prices this morning are moderately higher. Crude prices found support from today's U.S. news...

Barchart

Crude Closes Sharply Lower on Economic Concerns

May WTI crude oil (CLK23 ) on Thursday closed down -1.87 (-2.36%), and May RBOB gasoline (RBJ23 ) closed down -5.91 (-2.23%). Crude oil and gasoline prices Thursday sold off sharply, with crude posting a 2-1/2 week low and gasoline dropping to a 1-month low. Crude oil prices retreated on...

Barchart

Economic Concerns Drive Crude Prices Lower

May WTI crude oil (CLK23 ) this morning is down -1.90 (-2.40%), and May RBOB gasoline (RBJ23 ) is down -7.11 (-2.69%). May Nymex natural gas (NGK23 ) is down -0.073 (-3.29%). Crude oil and gasoline prices this morning are retreating, with crude posting a 2-1/2 week low and gasoline...

The Independent UK

Pakistan places first order for discounted Russian oil, joining major buyers India and China

Pakistan has become the latest Asian country to import Russia’s discounted crude oil, joining India and China which are importing heavily from Moscow following its invasion of Ukraine.

Asharq Al-Awsat

Funding Shortage Threatens ‘FSO Safer’ Rescue Mission

In a joint effort with the UN, Britain and the Netherlands will host a conference in two weeks aimed at raising an extra $29.4 million to salvage the deteriorating oil tanker known as FSO “Safer,” moored off the coast of Hodeidah governorate in Yemen. The derelict supertanker has been stranded…

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