The Latest Breaking News from crude oil

Sugar Posts Moderate Gains as Crude Oil Climbs

October NY world sugar #11 (SBV24 ) Wednesday closed up +0.26 (+1.41%), and Oct London ICE white sugar #5 (SWV24 ) closed up +10.50 (+2.02%). Sugar prices Wednesday posted moderate gains. Wednesday's rally of more than +2% in crude oil prices (CLV24) sparked short covering in sugar futures. Sugar prices...

Barchart · Sep 11, 2024

Sugar Prices Recover with Crude Oil

October NY world sugar #11 (SBV24 ) today is up +0.15 (+0.81%), and Oct London ICE white sugar #5 (SWV24 ) is up +7.80 (+1.50%). Sugar prices today are moderately higher. Today's rally of more than +2% in crude oil prices (CLV24) has sparked short covering in sugar futures. On...

Barchart · Sep 11, 2024

Crude Gains as Weekly EIA Inventories Climb Less Than Expected

Oct WTI crude oil (CLV24 ) today is up +1.11 (+1.69%), and Oct RBOB gasoline (RBV24 ) is up +1.22 (+0.65%). Crude oil and gasoline prices today are moderately higher. Crude found support today from a smaller-than-expected build in weekly EIA crude inventories. Also, Hurricane Francine is expected to make...

Barchart · Sep 11, 2024

Oil companies on edge as Colombian guerrillas resume attacks on pipelines after peace talks collapse

Since late August, the ELN has carried out at least 14 attacks on pipelines, spilling crude oil into rivers and igniting fires that have disrupted operations

Latin Times · Sep 9, 2024

Crude Closes Higher as Tropical Storm Francine Gathers Strength in Gulf of Mexico

Oct WTI crude oil (CLV24 ) Monday closed up +1.04 (+1.54%), and Oct RBOB gasoline (RBV24 ) closed up +2.44 (+1.29%). Crude oil and gasoline prices Monday rallied on some short-covering after last week's plunge to a 14-month nearest-futures low. Crude oil prices also saw support as Tropical Storm Francine...

Barchart · Sep 9, 2024

Crude Gains as a Tropical Storm Gathers Strength in the Gulf of Mexico

Oct WTI crude oil (CLV24 ) today is up +0.28 (+0.41%), and Oct RBOB gasoline (RBV24 ) is up +1.04 (+0.55%). Crude oil and gasoline prices today are mildly higher on some short-covering after last week's plunge to a 14-month nearest-futures low. Crude oil prices also saw support as Tropical...

Barchart · Sep 9, 2024

Crude Prices Slump on Heightened Energy Demand Concerns

Oct WTI crude oil (CLV24 ) Friday closed down -1.48 (-2.14%), and Oct RBOB gasoline (RBV24 ) closed down -2.98 (-1.55%). Crude oil and gasoline prices retreated Friday, with crude posting a 14-month nearest-futures low and gasoline dropping to a 2-3/4 year nearest-futures low. Weaker-than-expected global economic news Friday heightened...

Barchart · Sep 6, 2024

Signs of Weakness in Global Energy Demand Weigh on Crude Prices

Oct WTI crude oil (CLV24 ) today is down -1.24 (-1.79%), and Oct RBOB gasoline (RBV24 ) is down -3.50 (-1.82%). Crude oil and gasoline prices today are sharply lower, with crude falling to a new 8-3/4 month nearest-futures low and gasoline dropping to a 2-3/4 year nearest-futures low. Weaker-than-expected...

Barchart · Sep 6, 2024

Crude and Gasoline Prices Pressured by Stagnant Energy Demand

Oct WTI crude oil (CLV24 ) Thursday closed down -0.05 (-0.07%), and Oct RBOB gasoline (RBV24 ) closed down -3.60 (-1.84%). Crude oil and gasoline prices settled lower on Thursday, with crude posting an 8-3/4 month nearest-futures low and gasoline falling to a 2-3/4 year nearest-futures low. Energy demand concerns...

Barchart · Sep 5, 2024

Crude Oil: Can it Go Lower, From a Seasonal Point of View?

Based on the market's seasonal studies, there is still time and space for WTI Crude Oil to move lower.

Barchart · Sep 5, 2024