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The Latest Breaking News from crude oil

Crude Posts Moderate Gains on the Outlook for Stronger U.S. Fuel Demand

June WTI crude oil (CLM23 ) on Monday closed up +1.07 (+1.53%), and June RBOB gasoline (RBM23 ) closed up +4.18 (+1.72%). Crude oil and gasoline prices Monday shook off early losses and closed moderately higher. A weaker dollar Monday gave energy prices a boost along with expectations for U.S....

Barchart

Crude Prices Climb on Outlook for Stronger U.S. Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +1.10 (+1.57%), and June RBOB gasoline (RBM23 ) is up +1.08 (+0.44%). June Nymex natural gas (NGM23 ) is up +0.109 (+4.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar today is giving energy prices...

Barchart

Nigerian community reveals the horrifying impact of pollution from major oil spill

A 16,000-LITRE oil spill by Shell last summer in Nigeria allegedly polluted drinking water, contaminated farmland and killed hundreds of birds,…

The National (Scotland)

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Crude Prices Finish Moderately Lower on Dollar Strength and Economic Concerns

June WTI crude oil (CLM23 ) on Friday closed down -0.83 (-1.17%), and June RBOB gasoline (RBM23 ) closed down -3.228 (-1.38%). Crude oil and gasoline prices Friday gave up an early advance and closed moderately lower. Friday's rally in the dollar index to a 1-month high weighed on crude...

Barchart

Crude Prices Fall on a Stronger Dollar and Slump in U.S. Consumer Sentiment

June WTI crude oil (CLM23 ) this morning is down -0.58 (-0.82%), and June RBOB gasoline (RBM23 ) is down -1.22 (-0.50%). June Nymex natural gas (NGM23) is up +0.033 (+1.51%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower on today's rally...

Barchart

Crude Prices Finish Lower on Dollar Strength and Energy-Demand Concerns

June WTI crude oil (CLM23 ) on Thursday closed down -1.69 (-2.33%), and June RBOB gasoline (RBM23 ) closed down -3.72 (-1.49%). Crude oil and gasoline prices on Thursday posted moderate losses. Thursday's rally in the dollar index to a 1-week high undercut energy prices. Also, demand concerns weighed on...

Barchart

Crude Prices Drop on Dollar Strength and Energy-Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -0.76 (-1.05%), and June RBOB gasoline (RBM23 ) is down -2.94 (-1.18%). June Nymex natural gas (NGM23 ) is up +0.058 (+2.65%). Crude oil and gasoline prices this morning are moderately lower. A rally in today's dollar index to a...

Barchart

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Crude Prices Retreat on an Unexpected Build in EIA Crude Stocks

June WTI crude oil (CLM23 ) on Wednesday closed down -1.15 (-1.56%), and June RBOB gasoline (RBM23 ) closed up +1.50 (+0.60%). Crude oil and gasoline prices Wednesday settled mixed, with gasoline climbing to a 1-week high. A weaker dollar Wednesday was supportive of energy prices. Also, signs of strength...

Barchart

Crude Prices Fall as Weekly EIA Crude Inventories Unexpectedly Climb

June WTI crude oil (CLM23 ) this morning is down -0.92 (-1.25%), and June RBOB gasoline (RBM23 ) is up +1.76 (+0.71%). June Nymex natural gas (NGM23 ) is down -0.073 (-3.22%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 1-week high. A weaker...

Barchart

DR Congo in discussions with Uganda over use of crude pipeline

The controversial pipeline is for transporting Uganda’s crude to foreign markets when it begins production in 2025.

Al Jazeera

Crude Closes Higher as U.S. Plans to Refill SPR After Repairs

June WTI crude oil (CLM23 ) on Tuesday closed up +0.55 (+0.75%), and June RBOB gasoline (RBM23 ) closed up +1.83 (+0.74%). Crude oil and gasoline prices Tuesday recovered from early losses and rose to 1-week highs. Short covering emerged in crude after the Biden administration said Tuesday it was...

Barchart

Dollar Strength and China Economic Concerns Weigh on Crude Prices

June WTI crude oil (CLM23 ) this morning is down -1.51 (-2.06%), and June RBOB gasoline (RBM23 ) is down -3.37 (-1.37%). June Nymex natural gas (NGM23 ) is down -0.013 (-0.58%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy...

Barchart

Crude Prices Close Higher on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) on Monday closed up +1.82 (+2.55%), and June RBOB gasoline (RBM23 ) closed up +8.26 (+3.47%). Crude oil and gasoline prices Monday settled moderately higher. Crude prices rose Monday on carryover support from last Friday's stronger-than-expected U.S. Apr payroll report that eased recession fears...

Barchart

Crude Prices Gain on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) this morning is up +1.81 (+2.54%), and June RBOB gasoline (RBM23 ) is up +6.68 (+2.81%). June Nymex natural gas (NGM23 ) is up +0.106 (+4.96%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing today on carryover support...

Barchart

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Crude Rallies on U.S. Economic Optimism

June WTI crude oil (CLM23 ) on Friday closed up +2.78 (+4.05%), and June RBOB gasoline (RBM23 ) closed up +5.31 (+2.28%). Crude oil and gasoline prices Friday settled sharply higher. A weaker dollar Friday was supportive of energy prices. Crude prices also moved higher after Friday's stronger-than-expected U.S. Apr...

Barchart

Are the Wheat and Corn Markets Bottoming?

This morning I was a guest on AgWeb's Markets Now with Michelle Rook. We discussed wheat, corn, soybeans, cattle, and crude oil.

Barchart

Crude Prices Sharply Higher as Economic Concerns Ease

June WTI crude oil (CLM23) this morning is up +2.74 (+4.00%), and June RBOB gasoline (RBM23) is up +6.07 (+2.61%). June Nymex natural gas (NGM23) is up +0.025 (+1.19%). Crude oil and gasoline prices this morning are sharply higher. A weaker dollar today is supportive of energy prices. Crude prices...

The Independent UK

NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

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Barchart

Crude Prices Slightly Lower on Global Energy Demand Concerns

June WTI crude oil (CLM23 ) on Thursday closed down -0.04 (-0.06%), and June RBOB gasoline (RBM23 ) closed up +0.38 (+0.16%). Crude oil and gasoline prices Thursday settled mixed, with crude falling to a 5-month low. A stronger dollar Thursday weighed on energy prices. Crude oil prices also fell...

Barchart

Crude Prices Weighed Down by Global Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -0.15 (-0.22%), and June RBOB gasoline (RBM23 ) is down -0.08 (-0.03%). June Nymex natural gas (NGM23 ) is down -0.049 (-2.26%). Crude oil and gasoline prices this morning are modestly lower, with crude falling to a 5-month low and...

Barchart

Crude Prices Sharply Lower on Global Economic Concerns

June WTI crude oil (CLM23 ) on Wednesday closed down -3.06 (-4.27%), and June RBOB gasoline (RBM23 ) closed down -11.36 (-4.66%). Crude oil and gasoline prices Wednesday fell sharply for a second session, with crude posting a 5-week low and gasoline posting a 2-1/4 month low. Crude prices are...

Barchart

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...

The Hindu

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%

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