The Latest Breaking News from crude oil

Crude Prices Underpinned by Middle Eastern Geopolitical Risks

Sep WTI crude oil (CLU24 ) today is up +1.47 (+1.91%), and Sep RBOB gasoline (RBU24 ) is up +2.39 (+1.00%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Rising geopolitical risks in the Middle East that could cause a disruption to the region's...

Barchart · Aug 12, 2024

Crude Prices Finish Higher on Dollar Weakness and US Economic Optimism

Sep WTI crude oil (CLU24 ) on Friday closed up +0.65 (+0.85%), and Sep RBOB gasoline (RBU24 ) closed down -0.89 (-0.37%). Crude oil and gasoline prices on Friday settled mixed. A weaker dollar Friday was supportive of energy prices. Strength in stocks Friday also boosted confidence in the economic...

Barchart · Aug 9, 2024

Crude Prices Higher on Dollar Weakness and US Economic Optimism

Sep WTI crude oil (CLU24 ) today is up +0.49 (+0.64%), and Sep RBOB gasoline (RBU24 ) is up +0.08 (+0.03%). Crude oil and gasoline prices today are posting modest gains. A weaker dollar today is supportive of energy prices. Strength in stocks today also boosts confidence in the economic...

Barchart · Aug 9, 2024

Crude Oil Rallies on Geopolitical Risks and a Decline in Weekly EIA Crude Supplies

Sep WTI crude oil (CLU24 ) today is up +2.54 (+3.47%), and Sep RBOB gasoline (RBU24 ) is up +4.94 (+2.12%). Crude oil and gasoline prices today are sharply higher. Today's rally in global equity markets has boosted confidence in the economic outlook, supporting energy demand and crude prices. Crude...

Barchart · Aug 7, 2024

Crude Prices Recover as Asset Markets Rebound from Monday's Rout

Sep WTI crude oil (CLU24 ) Tuesday closed up +0.26 (+0.36%), and Sep RBOB gasoline (RBU24 ) closed down -0.74 (-0.32%). Crude oil and gasoline prices Tuesday settled mixed. Tuesday's rebound in US equity markets sparked risk-on sentiment that boosted most asset markets. Also, reduced oil supplies from Libya are...

Barchart · Aug 6, 2024

Crude Prices Rebound with a Recovery in Asset Markets

Sep WTI crude oil (CLU24 ) today is up +0.23 (+0.32%), and Sep RBOB gasoline (RBU24 ) is up +0.60 (+0.26%). Crude oil and gasoline prices today are mildly higher. Today's rebound in US equity markets sparked risk-on sentiment that boosted most asset markets. Also, reduced oil supplies from Libya...

Barchart · Aug 6, 2024

Crude Oil Post Moderate Losses on Reduced Demand for Risk Assets

Sep WTI crude oil (CLU24 ) on Monday closed down -0.58 (-0.79%), and Sep RBOB gasoline (RBU24 ) closed up +1.60 (+0.69%). Crude oil and gasoline prices Monday were under pressure, as crude posted a 6-month nearest-futures low and gasoline posted a 5-month low. Monday's slump in global equity markets...

Barchart · Aug 5, 2024

Crude Prices Under Pressure on Risk Asset Aversion

Sep WTI crude oil (CLU24 ) today is down -0.66 (-0.90%), and Sep RBOB gasoline (RBU24 ) is down -0.91 (-0.39%). Crude oil and gasoline prices today are under pressure, with crude posting a 6-month nearest-futures low and gasoline posting a 5-month low. Today's slump in global equity markets has...

Barchart · Aug 5, 2024

Crude Prices Finish Sharply Lower on US Economic Concerns

Sep WTI crude oil (CLU24 ) on Friday closed down -2.79 (-3.66%), and Sep RBOB gasoline (RBU24 ) closed down -8.04 (-3.35%). Crude oil and gasoline prices Friday plummeted to 2-month lows and closed sharply lower on concerns about US energy demand. Friday's US economic reports on Jul nonfarm payrolls...

Barchart · Aug 2, 2024

3 High-Momentum Energy Stocks to Load up on This Month

The energy sector is poised for robust growth driven by recovering crude oil prices, concerning circumstance in the middle-east, and technological innovation. Hence, it could be wise to invest in high-momentum energy stocks Energy Transfer (ET), Secure Energy Services (SECYF), and Precision Drilling (PDS) this month. Read more.

StockNews.com · Aug 2, 2024