The Latest Breaking News from crude oil

Crude Rallies as Global Oil Supplies Expected to Remain Tight

July WTI crude oil (CLN24 ) on Tuesday closed up +1.24 (+1.54%), and July RBOB gasoline (RBN24 ) closed up +3.63 (+1.48%). Crude oil and gasoline prices Tuesday finished moderately higher, with crude posting a 7-week high and gasoline posting a 3-week high. A weaker dollar Tuesday was supportive of...

Barchart · Jun 18, 2024

Can Coal Prices Rally?

Coal remains a critical energy commodity, as burning the fossil fuel is one method of producing electricity. While the United States and Europe move away from coal-fired power generation, the world’s two most populous countries continue to burn increasing amounts of coal.

Barchart · Jun 18, 2024

Crude Advances on the Outlook for Tight Global Oil Supplies to Persist

July WTI crude oil (CLN24 ) today is up +1.27 (+1.58%), and July RBOB gasoline (RBN24 ) is up +3.29 (+1.34%). Crude oil and gasoline prices today are moderately higher, with crude posting a 7-week high and gasoline posting a 3-week high. A weaker dollar today is supportive of energy...

Barchart · Jun 18, 2024

Crude Prices Pressured by Dollar Strength and Weak Economic News

July WTI crude oil (CLN24 ) today is down -0.31 (-0.41%), and July RBOB gasoline (RBN24 ) is down -0.62 (-0.26%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 5-week high is undercutting energy prices. Also, today's weaker-than-expected global...

Barchart · Jun 14, 2024

Crude Prices End Higher as Russia Vows to Cut Crude Production

July WTI crude oil (CLN24 ) on Thursday closed up +0.12 (+0.15%), and July RBOB gasoline (RBN24 ) closed up +2.12 (+0.89%). Crude oil and gasoline prices Thursday recovered from early losses and settled higher. Oil prices found support after Russia vowed to cut back its crude production. Crude prices...

Barchart · Jun 13, 2024

Crude Slightly Lower on Dollar Strength and Ample US Oil Supplies

July WTI crude oil (CLN24 ) today is down -0.17 (-0.22%), and July RBOB gasoline (RBN24 ) is up +0.79 (+0.33%). Crude oil and gasoline prices today are mixed. A stronger dollar today is undercutting energy prices. Crude prices are also weighed down by negative carryover from Wednesday after weekly...

Barchart · Jun 13, 2024

Crude Settles Higher on Dollar Weakness and Strength in Stocks

July WTI crude oil (CLN24 ) on Wednesday closed up +0.60 (+0.77%), and July RBOB gasoline (RBN24 ) closed down -1.45 (-0.39%). Crude oil and gasoline prices settled mixed on Wednesday. Crude and gasoline Wednesday initially rose to 1-1/2 week highs on economic optimism after the S&P 500 rallied to...

Barchart · Jun 12, 2024

Sugar Rallies on Strength in Crude Prices

July NY world sugar #11 (SBN24 ) on Wednesday closed up +0.31 (+1.65%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +8.30 (+1.52%). Sugar prices Wednesday posted moderate gains and found support on strength in crude oil prices. Crude oil (CLN24) Wednesday rallied to a 1-1/2 week...

Barchart · Jun 12, 2024

Sugar Gains on Higher Crude Prices

July NY world sugar #11 (SBN24 ) today is up +0.31 (+1.65%), and Aug London ICE white sugar #5 (SWQ24 ) is up +6.80 (+1.24%). Sugar prices today are moderately higher due to strength in crude oil prices. Crude oil (CLN24 ) today rallied to a 1-1/2 week high, which...

Barchart · Jun 12, 2024

Crude Supported by a Weak Dollar and Strength in Stocks

July WTI crude oil (CLN24 ) today is up +0.20 (+0.26%), and July RBOB gasoline (RBN24 ) is down -0.94 (-0.39%). Crude oil and gasoline prices today are mixed. Crude and gasoline today initially rose to 1-1/2 week highs on economic optimism after the S&P 500 rallied to a new...

Barchart · Jun 12, 2024