The Latest Breaking News from crude oil

How a sleepy Texas city turned into the energy export gateway of the U.S.

The completion of a channel deepening and widening project is taking the booming Port of Corpus Christi to new heights—and depths.

Fortune · Jun 6, 2025

Crude Prices Settle Higher on Dollar Weakness and US-China Trade Optimism

July WTI crude oil (CLN25 ) Thursday closed up +0.52 (+0.83%), and July RBOB gasoline (RBN25 ) closed up +0.0289 (+1.42%). Crude oil and gasoline prices settled higher on Thursday, with crude posting a 2-week high. Thursday's slump in the dollar index (DXY00 ) to a 6-week low is supporting...

Barchart · Jun 5, 2025

Crude Prices Gain on Dollar Weakness and Hopes of Easing US-China Trade Tensions

July WTI crude oil (CLN25 ) today is up +0.67 (+1.07%), and July RBOB gasoline (RBN25 ) is up +0.0318 (+1.56%). Crude oil and gasoline prices today are moving higher, with crude posting a 2-week high. Today's slump in the dollar index (DXY00 ) to a 6-week low is supporting...

Barchart · Jun 5, 2025

Crude Prices Gain on US Economic Strength and Ongoing Canadian Wildfires

July WTI crude oil (CLN25 ) today is up +1.19 (+1.90%), and July RBOB gasoline (RBN25 ) is up +0.0260 (+1.27%). Crude oil and gasoline prices today added to Monday's gains, with crude posting a 1-1/2 week high. Signs of strength in the US labor market support economic growth prospects...

Barchart · Jun 3, 2025

Canada’s wildfires may impact gas prices: here’s how

Patrick De Haan, head of petroleum analysis at GasBuddy, told The Independent that if Canada’s oil production shutdown continues, “it could be a bit more problematic to [U.S.] refineries and it could be more impactful.”

The Independent UK · Jun 2, 2025

Crude Prices Finish Higher as the Dollar Slumps and Oversupply Concerns Ease

July WTI crude oil (CLN25 ) Monday closed up +1.73 (+2.85%), and July RBOB gasoline (RBN25 ) closed up +0.0374 (+1.86%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 1-1/2 week high. Monday's fall in the dollar index (DXY00 ) to a 1-1/4 month...

Barchart · Jun 2, 2025

Crude Rallies on Dollar Weakness and Easing Global Oversupply Concerns

July WTI crude oil (CLN25 ) today is up +1.73 (+2.86%), and July RBOB gasoline (RBN25 ) is up +0.0459 (+2.28%). Crude oil and gasoline prices today are sharply higher, with crude posting a 1-1/2 week high. Today's fall in the dollar index (DXY00 ) to a 1-1/4 month low...

Barchart · Jun 2, 2025

Utah oil tycoon family accused of conspiring with Mexican cartel on Trump’s foreign terrorist list

Oil magnate James Jensen and his son Maxwell allegedly trafficked 2,900 shipments of stolen crude oil into the U.S.

The Independent UK · May 31, 2025

US-China Trade Tensions and Fears of a Big OPEC+ Production Hike Weigh on Crude

July WTI crude oil (CLN25 ) Friday closed down -0.15 (-0.25%), and July RBOB gasoline (RBN25 ) closed down -0.0221 (-1.08%). Crude oil and gasoline prices today fell to 3-week lows. Dollar strength Friday weighed on crude prices along with the escalation of trade tensions between the US and China,...

Barchart · May 30, 2025

Crude Prices Slip on Concern About a Large OPEC+ Crude Production Increase

July WTI crude oil (CLN25 ) today is down -0.55 (-0.90%), and July RBOB gasoline (RBN25 ) is down -0.0262 (-1.29%). Crude oil and gasoline prices today fell to 3-week lows. Dollar strength today is weighing on crude prices along with rising trade tensions between the US and China, the...

Barchart · May 30, 2025