The Latest Breaking News from crude oil

Crude Prices Rally on Fears of Escalation of Middle East Hostilities

Nov WTI crude oil (CLX24 ) Friday closed up +0.67 (+0.91%), and Nov RBOB gasoline (RBX24 ) closed up +0.32 (+0.15%). Crude oil and gasoline prices Friday added to Thursday's sharp rally and posted 5-week highs. Crude prices have rallied sharply in the past two sessions on concern Israel will...

Barchart · Oct 4, 2024

Crude Prices Underpinned by War Risks in the Middle East

Nov WTI crude oil (CLX24 ) today is up +0.98 (+1.33%), and Nov RBOB gasoline (RBX24 ) is up +0.92 (+0.44%). Crude oil and gasoline prices today added to Thursday's sharp gains and posted 5-week highs. Crude prices have rallied sharply in the past two sessions on concern Israel will...

Barchart · Oct 4, 2024

Oil prices jump as speculation rises on possible Israeli retaliation against Iran

US crude oil jumped slightly after US President Joe Biden said he was "discussing" an Israeli strike on Iranian oil facilities. Chaos builds for shippers as US dockworkers enter their third day of strike action. In several cities across the US, the cost of childcare is overtaking the cost of…

France 24 · Oct 3, 2024

Crude Prices Supported by Middle East Hostilities

Nov WTI crude oil (CLX24 ) Wednesday closed up +0.27 (+0.39%), and Nov RBOB gasoline (RBX24 ) closed up +1.93 (+0.98%). Crude oil and gasoline prices rose to 1-week highs on Wednesday and closed higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart · Oct 2, 2024

Crude Gives Up Most Gains as Weekly EIA Inventories Unexpectedly Climb

Nov WTI crude oil (CLX24 ) today is up +0.21 (+0.30%), and Nov RBOB gasoline (RBX24 ) is up +0.14 (+0.07%). Crude oil and gasoline prices today climbed to 1-week highs and are modestly higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart · Oct 2, 2024

Heightened Geopolitical Risks in the Middle East Boost Crude Prices

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.66 (+2.44%), and Nov RBOB gasoline (RBX24 ) closed up +3.15 (+1.63%). Crude oil and gasoline prices Tuesday rallied sharply on escalating Middle East tensions that have the potential to disrupt oil supplies. Israel began a ground assault into Lebanon, and...

Barchart · Oct 1, 2024

Sugar Prices Supported by Crude Oil Rally

March NY world sugar #11 (SBH25 ) Tuesday closed up +0.50 (+2.23%), and December London ICE white sugar #5 (SWZ24 ) closed up +5.30 (+0.92%). Sugar prices Tuesday rose due to a surge in crude oil prices. WTI crude (CLX24 ) climbed more than +2% Tuesday, which was positive for...

Barchart · Oct 1, 2024

Sugar Supported by a Surge in Crude Prices

March NY world sugar #11 (SBH25 ) today is up +0.36 (+1.60%), and December London ICE white sugar #5 (SWZ24 ) is up +2.30 (+0.40%). Sugar prices today are moderately higher due to a surge in crude oil prices. WTI crude (CLX24 ) is up more than +4% today, which...

Barchart · Oct 1, 2024

Crude Surges on Escalating Geopolitical Risks in the Middle East

Nov WTI crude oil (CLX24 ) today is up +2.97 (+4.36%), and Nov RBOB gasoline (RBX24 ) is up +5.60 (+2.89%). Crude oil and gasoline prices today are sharply higher. Escalating Middle East tensions that have the potential to disrupt oil supplies have sparked a rally in crude oil after...

Barchart · Oct 1, 2024

3 Oil & Gas Stocks That Remain Undervalued

With growing geopolitical instability, delayed OPEC+ production increases, and rapid technological advancements, the oil and gas market is poised for solid growth. Hence, currently undervalued energy stocks Energy Transfer (ET), Plains All American Pipeline (PAA), and Delek Logistics Partners (DKL) could be ideal investment choices. Read more.

StockNews.com · Sep 30, 2024