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The Latest Breaking News from crude oil

Crude Closes Higher on Dollar Weakness and Energy Demand Optimism

November WTI crude oil (CLX23 ) on Friday closed up +0.48 (+0.58%), and Nov RBOB gasoline (RBX23 ) closed up +0.32 (+0.15%). Nov WTI crude oil and gasoline prices Friday posted moderate gains. Bullish factors included a weaker dollar and the outlook for global crude supplies to remain tight. Also,...

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Crude Gains on Strength in Global Economic News that Supports Energy Demand

November WTI crude oil (CLX23 ) this morning is up +0.41 (+0.50%), and Nov RBOB gasoline (RBX23 ) is up +1.49 (+0.68%). Nov WTI crude oil and gasoline prices this morning are moderately higher. A weaker dollar today supports energy prices, as does the outlook for global crude supplies to...

Barchart

Crude Prices Tumble on Global Energy Demand Concerns

November WTI crude oil (CLX23 ) on Thursday closed down -1.91 (-2.27%), and Nov RBOB gasoline (RBX23 ) closed down -0.90 (-0.41%). Nov WTI crude oil and gasoline prices on Thursday extended Wednesday's sharp losses, with crude falling to a 5-week low and gasoline dropping to a 9-1/2 month low....

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Crude Prices Weaken Further on Global Energy Demand Concerns

November WTI crude oil (CLX23) this morning is down -1.04 (-1.231%), and Nov RBOB gasoline (RBX23) is down -0.70 (-0.32%). Nov WTI crude oil and gasoline prices this morning extended Wednesday's sharp losses, with crude falling to a 5-week low and gasoline dropping to a 9-1/2 month low. Crude prices...

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Crude Prices Sink as U.S. Gasoline Demand Slumps

November WTI crude oil (CLX23 ) on Wednesday closed down -5.01 (-5.61%), and Nov RBOB gasoline (RBX23 ) closed down -16.21 (-6.87%). Nov WTI crude oil and gasoline prices on Wednesday sold off sharply, with crude falling to a 5-week low and gasoline tumbling to a 9-1/2 month low. Wednesday's...

Barchart

Crude Plunges as U.S. Gasoline Demand Slumps

November WTI crude oil (CLX23 ) this morning is down -3.88 (-4.35%), and Nov RBOB gasoline (RBX23 ) is down -12.93 (-5.48%). Nov WTI crude oil and gasoline prices this morning are sharply lower, with crude falling to a 1-month low and gasoline tumbling to a 9-month low. Today's weaker-than-expected...

Barchart

Have Oil Prices Peaked or is This a Temporary Dip?

While the U.S. and Europe continue to favor alternative and renewable fuels, crude oil remains the energy commodity that powers the world. After reaching a low in May 2023, crude oil has moved significantly higher to over $95 per barrel at the most recent high.

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Crude Posts Moderate Gains on Tight Global Supplies

November WTI crude oil (CLX23 ) on Tuesday closed up +0.41 (+0.46%), and Nov RBOB gasoline (RBX23 ) closed down -5.21 (-2.16%). Nov WTI crude oil and gasoline prices on Tuesday settled mixed, with gasoline falling to a 5-month low. Tuesday's rally in the dollar index (DXY00 ) to a...

Barchart

3 Energy Stocks You Should Start Investing in This Week

Recent oil production cuts and dwindling inventories are pushing oil prices to multi-month highs. As a result, investors could benefit from investing in fundamentally strong energy stocks PBF Energy (PBF), Energy Transfer (ET), and Shell plc (SHEL) this week. Read on….

StockNews.com

Crude Moves Higher on Tight Global Supplies

November WTI crude oil (CLX23 ) this morning is up +0.78 (+0.88%), and Nov RBOB gasoline (RBX23 ) is down -4.96 (-2.06%). Nov WTI crude oil and gasoline prices this morning are mixed, with gasoline falling to a 5-month low. Today's rally in the dollar index to a 10-1/4 month...

Barchart

Crude Prices Close Moderately Lower on Dollar Strength

November WTI crude oil (CLX23 ) on Monday closed down -1.97 (-2.17%), and Nov RBOB gasoline (RBX23 ) closed up +1.27 (+0.53%). Nov WTI crude oil and gasoline prices on Monday settled mixed. Monday's rally in the dollar index to a 10-month high was bearish for energy prices. Crude prices...

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Crude Slips on Dollar Strength

November WTI crude oil (CLX23 ) this morning is down -1.39 (-1.43%), and Nov RBOB gasoline (RBX23 ) is up +1.41 (+0.59%). Nov WTI crude oil and gasoline prices this morning are mixed. Today's rally in the dollar index to a 10-month high is bearish for energy prices. However, today's...

Barchart

Crude Inventories, Jobs and Other Market Moving Items to Watch This Week

We’ll see some key data releases this week as well as some potentially market-moving news. Here are 5 things to watch in the market this week.

Barchart

Crude Settles Lower on Global Energy Demand Concerns

November WTI crude oil (CLX23 ) on Friday closed down -0.92 (-1.00%), and Nov RBOB gasoline (RBX23 ) closed down -6.67 (-2.70%). Nov WTI crude oil and gasoline prices Friday retreated, with gasoline tumbling to a 4-1/2 month low. Crude prices were under pressure after Friday’s weaker-than-expected global economic news...

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Crude Prices Retreat on Global Energy Demand Concerns

November WTI crude oil (CLX23 ) this morning is down -0.65 (-0.71%), and Nov RBOB gasoline (RBX23 ) is down -5.51 (-2.23%). Nov WTI crude oil and gasoline prices this morning are moving lower, with gasoline tumbling to a 4-1/2 month low. Crude prices are under pressure after today’s weaker-than-expected...

Barchart

Weak U.S. Economic News Sparks Long Liquidation in Crude

November WTI crude oil (CLX23 ) on Thursday closed down -1.97 (-2.10%), and Nov RBOB gasoline (RBX23 ) closed down -8.39 (-3.29%). Nov WTI crude oil and gasoline prices on Thursday closed moderately lower, with crude prices falling back from a 13-month high. Thursday’s weaker-than-expected U.S. economic news on Q2...

The Independent UK

Oil prices edge higher as global demand reignites inflation worries

Brent crude oil surpassed $97 per barrel on Thursday, edging toward the 100 dollar mark which was last hit more than a year ago

Barchart

Crude Prices Fall Back on Weaker-Than-Expected U.S. Economic News

November WTI crude oil (CLX23 ) this morning is down -0.60 (-0.64%), and Nov RBOB gasoline (RBX23 ) is down -0.307 (-1.20%). Nov WTI crude oil and gasoline prices this morning are moderately lower, with crude prices falling back from a 13-month high. Weaker-than-expected U.S. economic news today sparked energy...

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The Independent UK

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

Barchart

Crude Prices Rally Sharply as U.S. Inventories Tighten

November WTI crude oil (CLX23 ) on Wednesday closed up +3.29 (+3.64%), and Nov RBOB gasoline (RBX23 ) closed up +3.354 (+1.33%). Nov WTI crude oil and gasoline prices Wednesday rallied sharply, with crude climbing to a 13-month high. Crude prices continue to push higher on concern that global oil...

Barchart

Crude Prices Soar as U.S. Inventories Tighten

November WTI crude oil (CLX23 ) this morning is up +3.17 (+3.51%), and Nov RBOB gasoline (RBX23 ) is up +5.14 (+2.04%). Nov WTI crude oil and gasoline prices this morning are sharply higher, with crude climbing to a 13-month high. Crude prices continue to push higher on concern that...

StockNews.com

3 Inexpensive Energy Stocks to Buy Before October

Rising crude oil prices and higher well productivity are expected to boost domestic oil production this year and beyond, creating high-growth opportunities for companies providing energy services. Amid this backdrop, it could be wise to invest in quality energy stocks Liberty Energy (LBRT), ProPetro (PUMP), and Matrix Service (MTRX) for…

Barchart

Crude Prices Finish Higher on Expectations of Tighter Global Supplies

November WTI crude oil (CLX23 ) on Tuesday closed up +0.71 (+0.79%), and Nov RBOB gasoline (RBX23 ) closed up +1.32 (+0.53%). Nov WTI crude oil and gasoline prices Tuesday posted moderate gains on concern that global oil supplies will remain tight for the foreseeable future. Crude prices also moved...

Barchart

Crude Prices Supported by Expectations Global Supplies to Remain Tight

November WTI crude oil (CLX23 ) this morning is up +0.51 (+0.57%), and Nov RBOB gasoline (RBX23 ) is down -1.87 (-0.75%). Nov WTI crude oil and gasoline prices this morning are mixed, with gasoline dropping to a 3-week low. Concerns that global oil supplies will remain tight for the...

Barchart

Crude Prices Settle Lower on Dollar Strength and Chinese Energy Demand Concerns

November WTI crude oil (CLX23 ) on Monday closed down -0.35 (-0.39%), and Nov RBOB gasoline (RBX23 ) closed down -0.85 (-0.34%). Nov WTI crude oil and gasoline prices Monday posted moderate losses, with gasoline falling to a 3-week low. Monday’s rally in the dollar index (DXY00 ) to a...

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