The Latest Breaking News from crude oil

Crude Prices Under Pressure on Ample Supplies and Energy Demand Concerns

July WTI crude oil (CLN24 ) today is down -0.95 (-1.28%), and July RBOB gasoline (RBN24 ) is up +0.54 (+0.23%). Crude oil and gasoline prices today are mixed, with crude falling to a 3-3/4 month low. A stronger dollar today is weighing on energy prices. Crude is also under...

Barchart · Jun 4, 2024

Crude Prices Fall Sharply on OPEC+ Plans to Restore Crude Production

July WTI crude oil (CLN24 ) on Monday closed down -2.77 (-3.60%), and July RBOB gasoline (RBN24 ) closed down -8.18 (-3.39%). Crude oil and gasoline prices tumbled to 3-month lows on Monday. Crude prices retreated after OPEC+ on Sunday unexpectedly rolled out a plan to restore some crude production...

Barchart · Jun 3, 2024

Crude Prices Slump on OPEC+ Plans to Restore Crude Production

July WTI crude oil (CLN24) today is down -2.69 (-3.49%), and July RBOB gasoline (RBN24 ) is down -6.98 (-2.89%). Crude oil and gasoline prices today fell sharply to 3-month lows. Crude prices are falling after OPEC+ on Sunday unexpectedly rolled out a plan to restore some crude production in...

Barchart · Jun 3, 2024

Crude Closes Lower on Dollar Strength and Weak Stocks

July WTI crude oil (CLN24 ) Wednesday closed down -0.60 (-0.75%), and July RBOB gasoline (RBN24 ) closed down -4.19 (-1.67%). Crude oil and gasoline prices Wednesday gave up an early advance and turned lower, with crude falling from a 1-month high. A stronger dollar on Wednesday weighed on energy...

Barchart · May 29, 2024

Crude Oil Slips Today on Dollar Strength and Weak Stocks

July WTI crude oil (CLN24 ) today is down -0.26 (-0.33%), and July RBOB gasoline (RBN24 ) is down -3.43 (-1.37%). Crude oil and gasoline prices today gave up an early advance and turned lower, with crude falling from a 1-month high. A stronger dollar today is undercutting energy prices....

Barchart · May 29, 2024

Rupee falls 9 paise to 83.27 against US dollar in early trade

The rupee depreciated 9 paise to 83.27 against the US dollar on Wednesday, tracking a negative trend in domestic equities and elevated crude oil prices. Read further on Dynamite News:

Dynamite News · May 29, 2024

Crude Prices Rally on Heightened Middle East Tensions

July WTI crude oil (CLN24 ) on Tuesday closed up +2.11 (+2.71%), and July RBOB gasoline (RBN24 ) closed up +3.22 (+1.30%). Crude oil and gasoline prices Tuesday rallied, with crude climbing to a 1-week high. Oil prices rallied on geopolitical risks in the Middle East that could lead to...

Barchart · May 28, 2024

Is the Bottom Near in Crude Oil?

Nearby crude oil prices are hovering around the crucial $80 per barrel level. Despite a bearish trend since the mid-April high, the energy commodity that fuels the global economy has traded in a sideways pattern throughout May. This consolidation phase could mark a significant bottom for crude oil.

Barchart · May 28, 2024

Dollar Weakness and Middle East Tensions Boost Crude Prices

July WTI crude oil (CLN24 ) today is up +1.80 (+2.32%), and July RBOB gasoline (RBN24 ) is up +3.05 (+1.24%). Crude oil and gasoline prices today are sharply higher, with crude climbing to a 1-week high. Today's fall in the dollar to a 1-1/2 week low is bullish for...

Barchart · May 28, 2024

Crude Settles Higher on Expectations for OPEC+ to Maintain Production Cuts

July WTI crude oil (CLN24 ) on Friday closed up +0.85 (+1.11%), and July RBOB gasoline (RBN24 ) closed up +1.31 (+0.53%). Crude oil and gasoline prices on Friday erased early declines and posted moderate gains. A weaker dollar Friday was bullish for energy prices. Also, Friday's better-than-expected US economic...

Barchart · May 24, 2024