The Latest Breaking News from crude oil

Crude Prices Slide as Chinese Energy Demand Weakens

Nov WTI crude oil (CLX24 ) Friday closed down -1.45 (-2.05%), and Nov RBOB gasoline (RBX24 ) closed down -4.48 (-2.19%). Crude and gasoline prices dropped to 2-week lows on Friday and settled moderately lower. Weak crude demand from China weighed on oil prices Friday. Also, crude is under pressure...

Barchart · Oct 18, 2024

Crude Prices Tumble on Weak Chinese Energy Demand

Nov WTI crude oil (CLX24 ) today is down -1.81 (-2.56%), and Nov RBOB gasoline (RBX24 ) is down -5.58 (-2.73%). Crude and gasoline prices today dropped to 2-week lows and are moderately lower. Weak crude demand from China is weighing on oil prices today. Also, crude is under pressure...

Barchart · Oct 18, 2024

Crude Posts Modest Gains on US Energy Demand Optimism and Bullish EIA Report

Nov WTI crude oil (CLX24 ) Thursday closed up +0.28 (+0.40%), and Nov RBOB gasoline (RBX24 ) closed up +0.65 (+0.32%). Crude prices Thursday posted modest gains. Stronger-than-expected US economic news Thursday was supportive of energy demand and crude prices. Also, Thursday's rally in the S&P 500 to a new...

Barchart · Oct 17, 2024

Energy in Q3- Where are Prices Heading in Q4 and Beyond?

The energy sector of the commodities market was the worst-performing sector in Q3, posting a double-digit percentage decline. Seasonality and other factors pushed most traditional energy prices lower, with some exceptions.

Barchart · Oct 15, 2024

Crude Prices Plunge as Israel May Not Target Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) today is down -3.741 (-5.07%), and Nov RBOB gasoline (RBX24 ) is down -8.97 (-4.25%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices are sinking today...

Barchart · Oct 15, 2024

Crude Prices Finish Lower on Dollar Strength and Chinese Energy Demand Woes

Nov WTI crude oil (CLX24 ) Monday closed down -1.73 (-2.29%), and Nov RBOB gasoline (RBX24 ) closed down -4.30 (-2.00%). Crude oil and gasoline prices Monday posted moderate losses. Monday's rally in the dollar index (DXY00 ) to a 2-month high undercut energy prices. Also, concerns about Chinese energy...

Barchart · Oct 14, 2024

Crude Prices Decline on Dollar Strength and Chinese Energy Demand Concerns

Nov WTI crude oil (CLX24 ) today is down -1.39 (-1.84%), and Nov RBOB gasoline (RBX24 ) is down -4.18 (-1.94%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-month high is undercutting energy prices. Also, concerns about Chinese...

Barchart · Oct 14, 2024

Crude Prices Slip on Energy Demand Concerns as US Consumer Sentiment Declines

Nov WTI crude oil (CLX24 ) Friday closed down -0.29 (-0.38%), and Nov RBOB gasoline (RBX24 ) closed up +0.07 (+0.03%). Crude oil and gasoline prices Friday gave up early gains and settled mixed. Fuel demand concerns weighed on crude Friday after the University of Michigan US Oct consumer sentiment...

Barchart · Oct 11, 2024

Crude Slightly Lower as US Consumer Sentiment Unexpectedly Declined

Nov WTI crude oil (CLX24 ) today is down -0.20 (-0.26%), and Nov RBOB gasoline (RBX24 ) is up +0.57 (+0.27%). Crude oil and gasoline prices today are mixed. Weakness in the dollar today is supportive of energy prices. Also, today's rally in the S&P 500 to a new record...

Barchart · Oct 11, 2024

Crude Closes Sharply Higher on Heightened Geopolitical Risks in the Middle East

Nov WTI crude oil (CLX24 ) Thursday closed up +2.61 (+3.56%), and Nov RBOB gasoline (RBX24 ) closed up +8.45 (+4.09%). Crude oil and gasoline prices Thursday moved sharply higher on ramped-up war rhetoric in the Middle East. Israeli Defense Minister Gallant said Israel's response to Iran's missile attack on...

Barchart · Oct 10, 2024