The Latest Breaking News from crude oil

Crude Posts Moderate Losses as Iran Is Said to Ease Tensions

Nov WTI crude oil (CLX24 ) Monday closed down -0.63 (-0.89%), and Nov RBOB gasoline (RBX24 ) closed down -3.97 (-1.98%). Crude oil and gasoline prices Monday gave up early gains and finished moderately lower. The strength of the dollar on Monday was negative for energy prices. Also, signs of...

Barchart · Sep 23, 2024

Crude Gives Up Early Gains on Global Fuel Demand Concerns

Nov WTI crude oil (CLX24 ) today is down -0.54 (-0.76%), and Nov RBOB gasoline (RBX24 ) is down -3.18 (-1.58%). Crude oil and gasoline prices today gave up early gains and are moderately lower. The strength of the dollar today is negative for energy prices. Also, signs of weakness...

Barchart · Sep 23, 2024

Crude Pressured by Dollar Strength and Increased Libyan Crude Exports

Oct WTI crude oil (CLV24 ) Friday closed down -0.03 (-0.04%), and Oct RBOB gasoline (RBV24 ) closed down -2.36 (-1.15%). Crude oil and gasoline prices Friday settled lower. Strength in the dollar Friday and increased crude exports from Libya weighed on oil prices. Also, ongoing concerns about weak energy...

Barchart · Sep 20, 2024

Crude Prices Close Lower on Energy Demand Concerns in China

Oct WTI crude oil (CLV24 ) Wednesday closed down -0.28 (-0.39%), and Oct RBOB gasoline (RBV24 ) closed up +0.88 (+0.44%). Crude oil and gasoline prices Wednesday settled, with gasoline posting a 2-week high. Crude was under pressure Wednesday on concerns about Chinese energy demand after two Chinese refiners run...

Barchart · Sep 18, 2024

Crude Prices Slip on Chinese Fuel Demand Concerns

Oct WTI crude oil (CLV24 ) today is down -0.44 (-0.62%), and Oct RBOB gasoline (RBV24 ) is down -0.38 (-0.19%). Crude oil and gasoline prices today are moderately lower. Crude is under pressure today on concerns about Chinese energy demand after two Chinese refiners run by Sinochem Group declared...

Barchart · Sep 18, 2024

Crude Prices Climb on US Economic Strength and Heightened Middle East Tensions

Oct WTI crude oil (CLV24 ) Tuesday closed up +1.10 (+1.57%), and Oct RBOB gasoline (RBV24 ) closed up +3.37 (+1.71%). Crude oil and gasoline prices Tuesday rallied to 2-week highs and settled moderately higher. Crude rallied Tuesday as stronger-than-expected US economic news showed economic strength that is bullish for...

Barchart · Sep 17, 2024

Crude Price Climb as US Economic Strength Supports Fuel Demand

Oct WTI crude oil (CLV24 ) today is up +0.93 (+1.33%), and Oct RBOB gasoline (RBV24 ) is up +1.61 (+0.82%). Crude oil and gasoline prices today climbed to 1-1/2 week highs and are moderately higher. Crude is moving higher today as stronger-than-expected US economic news showed economic strength that...

Barchart · Sep 17, 2024

Will Coal Prices Rally?

Coal is a fossil fuel along with crude oil and natural gas. Due to its contributions to worldwide pollution, coal has been a four-letter work in the energy sector. China and India, the world’s most populous countries, depend on coal for power generation.

Barchart · Sep 17, 2024

Crude Rallies to a 1-Week High on Dollar Weakness and Tighter Global Oil Supplies

Oct WTI crude oil (CLV24 ) Monday closed up +1.44 (+2.10%), and Oct RBOB gasoline (RBV24 ) closed up +3.80 (+1.97%). Crude oil and gasoline prices Monday rallied sharply to 1-week highs. Monday's slide in the dollar index to a 1-week low was bullish for most commodity prices. Also, the...

Barchart · Sep 16, 2024

NY Sugar Settles Higher on Strength in Crude Oil and the Brazilian Real

October NY world sugar #11 (SBV24 ) Monday closed up +0.17 (+0.89%), and December London ICE white sugar #5 (SWZ24 ) closed down -4.90 (-0.93%). Sugar prices Monday settled mixed, with NY sugar posting a 1-week high. Sugar prices found support Monday from a +2% rally in crude oil prices...

Barchart · Sep 16, 2024