The Latest Breaking News from crude oil

Crude Prices Climb on Dollar Weakness and US Economic Strength

February WTI crude oil (CLG25 ) today is up +0.65 (+0.89%), and February RBOB gasoline (RBG25 ) is up +0.0057 (+0.28%). Crude oil and gasoline prices today are moderately higher, with crude oil posting a fresh 2-1/2 month high. Today's weaker dollar is supportive of energy prices. Signs of US...

Barchart · Jan 3, 2025

Signs of US Economic Strength Push Crude Prices Higher

February WTI crude oil (CLG25 ) Thursday closed up +1.41 (+1.97%), and February RBOB gasoline (RBG25 ) closed up +0.0427 (+2.13%). Crude oil and gasoline prices rallied Thursday, with crude oil posting a 2-1/2 month high and gasoline posting a 6-week high. Signs of US economic strength support energy demand...

Barchart · Jan 2, 2025

Crude Prices Climb on Signs of Strong US Energy Demand

February WTI crude oil (CLG25 ) today is up +1.82 (+2.54%), and February RBOB gasoline (RBG25 ) is up +0.0570 (+2.84%). Crude oil and gasoline prices today are climbing, with crude oil posting a 2-1/2 month high and gasoline posting a 6-week high. Signs of US economic strength support energy...

Barchart · Jan 2, 2025

Crude Settles Higher on Tighter US Supplies and a Surge in Nat-Gas Prices

February WTI crude oil (CLG25 ) Monday closed up +0.39 (+0.55%), and February RBOB gasoline (RBG25 ) closed up +0.0191 (+0.97%). Crude oil and gasoline prices posted moderate gains on Monday, with crude climbing to a 5-week high and gasoline climbing to a 2-week high. Crude has carryover support from...

Barchart · Dec 30, 2024

Crude Gains on Tighter US Inventories and Carryover Support From Nat-Gas

February WTI crude oil (CLG25 ) today is up +0.72 (+1.02%), and February RBOB gasoline (RBG25 ) is up +0.0289 (+1.47%). Crude oil and gasoline prices today are moderately higher, with crude posting a 5-week high and gasoline posting a 2-week high. Crude has carryover support from last Friday when...

Barchart · Dec 30, 2024

Crude Oil Rallies as Weekly EIA Inventories Fall

February WTI crude oil (CLG25 ) Friday closed up +0.98 (+1.41%), and February RBOB gasoline (RBG25 ) closed up +0.0139 (+0.71%). Crude oil and gasoline prices Friday rallied moderately, with crude posting a 1-week high. Crude found support Friday from a weaker dollar. Crude also has support on this week’s...

Barchart · Dec 27, 2024

Crude Prices Supported by Dollar Weakness Ahead of Weekly EIA Report

February WTI crude oil (CLG25 ) today is up +0.70 (+1.01%), and February RBOB gasoline (RBG25 ) is up +0.0102 (+0.52%). Crude oil and gasoline prices today are moderately higher due to a weaker dollar. Crude also has carryover support from Tuesday when the API reported that weekly US crude...

Barchart · Dec 27, 2024

Crude Prices Close Lower on Soft US Labor Market News

February WTI crude oil (CLG25 ) Thursday closed down -0.48 (-0.68%), and February RBOB gasoline (RBG25 ) closed down -0.0119 (-0.60%). Crude oil and gasoline prices Thursday gave up an early advance and closed moderately lower. Crude prices retreated after Thursday's report on weekly US jobless claims showed US continuing...

Barchart · Dec 26, 2024

Crude Prices Slightly Higher on Dollar Weakness and a Decline in API Stockpiles

February WTI crude oil (CLG25 ) today is up +0.05 (+0.07%), and February RBOB gasoline (RBG25 ) is down -0.0068 (-0.35%). Crude oil and gasoline prices today are mixed. A weaker dollar today is supportive of energy prices. Crude also garnered some support today after the API reported late Tuesday...

Barchart · Dec 26, 2024

Crude Prices Rally on Hopes for Chinese Stimulus

February WTI crude oil (CLG25 ) is up +1.06 (+1.53%), and February RBOB gasoline (RBG25 ) is up +0.0335 (+1.72%). Crude oil prices today are trading higher on hopes for increased Chinese economic stimulus after Reuters reported that China may sell a record 3 trillion yuan ($411 billion) of special...

Barchart · Dec 24, 2024