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The Latest Breaking News from crude oil

Crude Slightly Higher as Strong US May Payroll Report Supports Energy Demand

July WTI crude oil (CLN24 ) today is up +0.20 (+0.26%), and July RBOB gasoline (RBN24 ) is down -1.15 (-0.48%). Crude oil and gasoline prices today are mixed. Crude found support on today's stronger-than-expected US May payroll report, which is positive for economic growth and energy demand. Crude prices...

Crude Settles Higher as Saudi Arabia Warns OPEC+ Production Increases Can Be Reversed

Crude Settles Higher as Saudi Arabia Warns OPEC+ Production Increases Can Be Reversed

July WTI crude oil (CLN24 ) Thursday closed up +1.48 (+2.00%), and July RBOB gasoline (RBN24 ) closed up +4.39 (+1.87%). Crude oil and gasoline prices posted moderate gains on Thursday. Crude rose Thursday based on comments from Saudi Arabia Energy Minister Prince Abdulaziz bin Salman, who said OPEC+ could...

Crude Prices Climb as Saudi Arabia Warns OPEC+ Production Changes Can Be Reversed

Crude Prices Climb as Saudi Arabia Warns OPEC+ Production Changes Can Be Reversed

July WTI crude oil (CLN24 ) today is up +1.17 (+1.58%), and July RBOB gasoline (RBN24 ) is up +2.71 (+1.15%). Crude oil and gasoline prices today are moderately higher. Crude is moving higher today based on comments from Saudi Arabia Energy Minister Prince Abdulaziz bin Salman, who said OPEC+...

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Crude Prices Rebound as Oversold Conditions Spark Some Short Covering

July WTI crude oil (CLN24 ) Wednesday closed up +0.82 (+1.12%), and July RBOB gasoline (RBN24 ) closed up +0.41 (+0.17%). Crude oil and gasoline prices on Wednesday recovered from early losses and finished moderately higher. Technical short-covering emerged in crude futures Wednesday after prices fell for five consecutive sessions...

Crude Prices Pressured by Build in Weekly EIA Inventories

July WTI crude oil (CLN24 ) today is down -0.16 (-0.22%), and July RBOB gasoline (RBN24 ) is down -1.42 (-0.60%). Crude oil and gasoline prices today are mildly lower, with crude holding above Tuesday's 4-month low. A stronger dollar today is weighing on energy prices. Crude is also under...

Nasdaq, S&P 500 Hit New Highs As Nvidia, Apple Reach $3 Trillion Mark

Volume was running 11% higher vs. the same time Tuesday on the Nasdaq.

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Crude Prices Settle Lower on Ample Supplies and Energy Demand Concerns

July WTI crude oil (CLN24 ) Tuesday closed down -0.97 (-1.31%), and July RBOB gasoline (RBN24 ) closed up +1.39 (+0.60%). Crude oil and gasoline prices on Tuesday settled mixed, with crude falling to a 3-3/4 month low. Crude is under pressure on negative carryover from Sunday when OPEC+ rolled...

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Crude Prices Under Pressure on Ample Supplies and Energy Demand Concerns

Crude Prices Under Pressure on Ample Supplies and Energy Demand Concerns

July WTI crude oil (CLN24 ) today is down -0.95 (-1.28%), and July RBOB gasoline (RBN24 ) is up +0.54 (+0.23%). Crude oil and gasoline prices today are mixed, with crude falling to a 3-3/4 month low. A stronger dollar today is weighing on energy prices. Crude is also under...

Crude Prices Fall Sharply on OPEC+ Plans to Restore Crude Production

Crude Prices Fall Sharply on OPEC+ Plans to Restore Crude Production

July WTI crude oil (CLN24 ) on Monday closed down -2.77 (-3.60%), and July RBOB gasoline (RBN24 ) closed down -8.18 (-3.39%). Crude oil and gasoline prices tumbled to 3-month lows on Monday. Crude prices retreated after OPEC+ on Sunday unexpectedly rolled out a plan to restore some crude production...

Crude Prices Slump on OPEC+ Plans to Restore Crude Production

Crude Prices Slump on OPEC+ Plans to Restore Crude Production

July WTI crude oil (CLN24) today is down -2.69 (-3.49%), and July RBOB gasoline (RBN24 ) is down -6.98 (-2.89%). Crude oil and gasoline prices today fell sharply to 3-month lows. Crude prices are falling after OPEC+ on Sunday unexpectedly rolled out a plan to restore some crude production in...

Economic Concerns Undercut Crude Prices

Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) today is down -0.79 (-1.01%), and July RBOB gasoline (RBN24 ) is up +0.61 Z(+0.25%). Crude oil prices today are being undercut by demand concerns after the slightly weaker-than-expected US personal spending report. Crude oil prices are also being undercut by today's weakness in...

Economic Concerns Undercut Crude Prices

Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) Thursday closed down -1.32 (-1.67%), and July RBOB gasoline (RBN24 ) closed down -5.64 (-2.29%). Crude oil and gasoline prices Thursday closed moderately lower. Concern that interest rates will stay higher for longer sparked risk-off sentiment in financial assets on Thursday and undercut crude...

Crude Prices Weighed Down by Energy Demand Concerns

Crude Prices Weighed Down by Energy Demand Concerns

July WTI crude oil (CLN24 ) today is down -0.80 (-1.01%), and July RBOB gasoline (RBN24 ) is down -3.53 (-1.44%). Crude oil and gasoline prices today are moderately lower. Concern that interest rates will stay higher for longer have sparked risk-off sentiment in financial assets and are undercutting crude...

Rupee rebounds to settle 9 paise higher at 83.31 against US dollar

Rupee rebounds to settle 9 paise higher at 83.31 against US dollar

The rupee recovered 9 paise to settle at 83.31 (provisional) against the US dollar on Thursday on the back of softening American currency as well as crude oil prices in the overseas market. Read further on Dynamite News:

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Crude Closes Lower on Dollar Strength and Weak Stocks

July WTI crude oil (CLN24 ) Wednesday closed down -0.60 (-0.75%), and July RBOB gasoline (RBN24 ) closed down -4.19 (-1.67%). Crude oil and gasoline prices Wednesday gave up an early advance and turned lower, with crude falling from a 1-month high. A stronger dollar on Wednesday weighed on energy...

Crude Oil Slips Today on Dollar Strength and Weak Stocks

July WTI crude oil (CLN24 ) today is down -0.26 (-0.33%), and July RBOB gasoline (RBN24 ) is down -3.43 (-1.37%). Crude oil and gasoline prices today gave up an early advance and turned lower, with crude falling from a 1-month high. A stronger dollar today is undercutting energy prices....

Rupee falls 9 paise to 83.27 against US dollar in early trade

The rupee depreciated 9 paise to 83.27 against the US dollar on Wednesday, tracking a negative trend in domestic equities and elevated crude oil prices. Read further on Dynamite News:

Crude Prices Rally on Heightened Middle East Tensions

July WTI crude oil (CLN24 ) on Tuesday closed up +2.11 (+2.71%), and July RBOB gasoline (RBN24 ) closed up +3.22 (+1.30%). Crude oil and gasoline prices Tuesday rallied, with crude climbing to a 1-week high. Oil prices rallied on geopolitical risks in the Middle East that could lead to...

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Is the Bottom Near in Crude Oil?

Nearby crude oil prices are hovering around the crucial $80 per barrel level. Despite a bearish trend since the mid-April high, the energy commodity that fuels the global economy has traded in a sideways pattern throughout May. This consolidation phase could mark a significant bottom for crude oil.

Dollar Weakness and Middle East Tensions Boost Crude Prices

July WTI crude oil (CLN24 ) today is up +1.80 (+2.32%), and July RBOB gasoline (RBN24 ) is up +3.05 (+1.24%). Crude oil and gasoline prices today are sharply higher, with crude climbing to a 1-week high. Today's fall in the dollar to a 1-1/2 week low is bullish for...

Crude Settles Higher on Expectations for OPEC+ to Maintain Production Cuts

July WTI crude oil (CLN24 ) on Friday closed up +0.85 (+1.11%), and July RBOB gasoline (RBN24 ) closed up +1.31 (+0.53%). Crude oil and gasoline prices on Friday erased early declines and posted moderate gains. A weaker dollar Friday was bullish for energy prices. Also, Friday's better-than-expected US economic...

Crude Pushes Higher on Dollar Weakness and US Energy Demand Optimism

July WTI crude oil (CLN24 ) today is up +0.32 (+0.42%), and July RBOB gasoline (RBN24 ) is up +0.58 (+0.24%). Crude oil and gasoline prices today erased an early decline and are moderately higher. A weaker dollar today is bullish for energy prices. Also, today's better-than-expected US economic news...

Crude Settles Lower on Dollar Strength and Elevated Cushing Inventories

July WTI crude oil (CLN24 ) on Thursday closed down -0.70 (-0.90%), and July RBOB gasoline (RBN24 ) closed down -0.22 (-0.09%). Crude oil and gasoline prices Thursday were under pressure the entire session and fell to 1-week lows. Thursday's rally in the dollar index (DXY00 ) to a 1-week...

Crude Prices Pressured by a Stronger Dollar and Elevated Cushing Inventories

July WTI crude oil (CLN24 ) today is down -0.41 (-0.53%), and July RBOB gasoline (RBN24 ) is up -0.05 (-0.02%). Crude oil and gasoline prices today are under pressure and fell to new 1-week lows. Today's rally in the dollar index (DXY00 ) to a 1-week high is undercutting...

Crude Prices End Lower on Dollar Strength and a Build in EIA Crude Inventories

July WTI crude oil (CLN24 ) Wednesday closed down -1.09 (-1.39%), and July RBOB gasoline (RBN24 ) closed down -3.95 (-1.58%). Crude oil and gasoline prices Wednesday fell to 1-week lows and closed moderately lower. Wednesday's rally in the dollar index (DXY00 ) to a 1-week high was negative for...

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