The Latest Breaking News from crude oil

Crude Prices Underpinned by Escalating Middle East Tensions

May WTI crude oil (CLK24 ) this morning is up +0.67 (+0.77%), and May RBOB gasoline (RBK24 ) is up +1.45 (+0.52%). Crude and gasoline prices this morning extended this week's rally, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. Gains in crude today are...

Barchart · Apr 5, 2024

Crude Rallies on Dollar Weakness and Geopolitical Risks in Middle East

May WTI crude oil (CLK24 ) on Thursday closed up +1.16 (+1.36%), and May RBOB gasoline (RBK24 ) closed up +3.33 (+1.21%). Crude and gasoline prices Thursday recovered from early losses and moved higher, with crude climbing to a 5-1/4 month high and gasoline climbing to a 7-month high. Thursday's...

Barchart · Apr 4, 2024

Crude Oil Prices Consolidate This Week's Rally

May WTI crude oil (CLK24 ) this morning is down -0.21 (-0.25%), and May RBOB gasoline (RBK24 ) is down -0.59 (-0.21%). Crude and gasoline prices this morning are slightly lower as they consolidate this week's rally that pushed crude up to a 5-1/4 month high and gasoline to a...

Barchart · Apr 4, 2024

Crude Prices Strengthen on Geopolitical Risks and Improved Global Energy Demand

May WTI crude oil (CLK24 ) on Tuesday closed up +1.44 (+1.72%), and May RBOB gasoline (RBK24 ) closed up +4.89 (+1.80%). Crude and gasoline prices Tuesday settled moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar on Tuesday was supportive...

Barchart · Apr 2, 2024

Crude Prices Firm on Geopolitical Risks and Strength in Global Energy Demand

May WTI crude oil (CLK24 ) this morning is up +1.07 (+1.28%), and May RBOB gasoline (RBK24 ) is up +2.32 (+0.86%). Crude and gasoline prices this morning are moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar today is supportive...

Barchart · Apr 2, 2024

Crude Prices Close Higher on Positive US and US and Chinese Economic Reports

May WTI crude oil (CLK24 ) on Monday closed up +0.45 (+0.65%), and May RBOB gasoline (RBK24 ) closed down -1.06 (-0.39%). Crude and gasoline prices on Monday settled mixed, with crude climbing to a 5-month high. Signs of strength in US and Chinese energy demand pushed crude prices higher...

Barchart · Apr 1, 2024

Crude Prices Climb on Positive US and US and Chinese Reports

May WTI crude oil (CLK24 ) this morning is up +0.95 (+1.14%), and May RBOB gasoline (RBK24 ) is up +0.24 (+0.09%). Crude and gasoline prices this morning are moderately higher, with crude climbing to a 5-month high. Signs of strength in US and Chinese energy demand are pushing crude...

Barchart · Apr 1, 2024

Crude Rallies on Stronger-Than-Expected US Economic Reports

May WTI crude oil (CLK24 ) on Thursday closed up +1.82 (+2.24%), and May RBOB gasoline (RBK24 ) closed up +4.87 (+1.82%). Crude and gasoline prices Thursday settled moderately higher, with crude posting a 1-week high. Thursday's stronger-than-expected US economic reports signaled strength in the economy that was bullish for...

Barchart · Mar 28, 2024

Crude Rallies on Strength in the US Economy

May WTI crude oil (CLK24 ) this morning is up +1.23 (+1.51%), and May RBOB gasoline (RBK24 ) is up +2.94 (+1.10%). Crude and gasoline prices this morning are moderately higher, with crude climbing to a 1-week high. Today's mostly stronger-than-expected US economic reports signal strength in the economy that...

Barchart · Mar 28, 2024

Crude Prices Fall on Bearish Weekly EIA Report

May WTI crude oil (CLK24 ) on Wednesday closed down -0.27 (-0.33%), and May RBOB gasoline (RBK24 ) closed down -1.34 (-0.50%). Crude and gasoline prices on Wednesday posted mild losses, with gasoline falling to a 1-1/2 week low. A stronger dollar on Wednesday was bearish for energy prices. Also,...

Barchart · Mar 27, 2024