The Latest Breaking News from crude oil

Crude Oil Climbs on Dollar Weakness and Strength in Stocks

December WTI crude oil (CLZ23 ) this morning is up +0.66 (+0.84%), and Dec RBOB gasoline (RBZ23 ) is up +0.0190 (+0.85%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-week high and gasoline posting a 1-1/2 week high. Today's slump in the dollar...

Barchart · Nov 14, 2023

Crude Prices Close Higher on Expectations of Stronger U.S. Fuel Demand

December WTI crude oil (CLZ23 ) on Monday closed up +1.09 (+1.41%), and Dec RBOB gasoline (RBZ23 ) closed up +0.0464 (+2.12%). Crude oil and gasoline prices Monday posted moderate gains. A weaker dollar on Monday was supportive of energy prices. Also, expectations for an increase in U.S. fuel demand...

Barchart · Nov 13, 2023

Crude Prices Gain on Expectations of Stronger U.S. Fuel Demand

December WTI crude oil (CLZ23 ) this morning is up +1.31 (+1.70%), and Dec RBOB gasoline (RBZ23 ) is up +0.0409 (+1.87%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar today is supportive of energy prices. Also, expectations for an increase in U.S. fuel demand...

Barchart · Nov 13, 2023

Crude Prices Climb on Some Short Covering

December WTI crude oil (CLZ23 ) this morning is up +1.07 (+1.42%), and Dec RBOB gasoline (RBZ23 ) is up +0.0499 (+2.34%). Crude oil and gasoline prices this morning are moderately higher as they recover modestly from the plunge seen on Tue-Wed. Technical short covering is giving crude prices a...

Barchart · Nov 9, 2023

WTI Crude Enters Bear Market: Is It Time For Value-Contrarian Investors To Jump Into Cheap US Oil Stocks?

WTI crude oil fell below $76 a barrel, breaking through its 200-day moving average, which had served as a strong support level

Zenger · Nov 9, 2023

Crude Prices Retreat on Energy Demand Concerns

December WTI crude oil (CLZ23 ) on Wednesday closed down -2.04 (-2.64%), and Dec RBOB gasoline (RBZ23 ) closed down -0.0392 (-1.81%). Crude oil and gasoline prices Wednesday extended Tuesday's sharp losses, with crude falling to a 3-1/2 month low and gasoline dropping to a 10-1/2 month low. A weaker...

Barchart · Nov 8, 2023

Weakness in Crude Oil Weighs on Sugar Prices

March NY world sugar #11 (SBH24 ) on Wednesday closed -0.38 (-1.38%), and Dec London ICE white sugar #5 (SWZ23) closed -3.40 (-0.45%). Sugar prices Wednesday closed moderately lower and were under pressure from a slump in crude oil prices. On Wednesday, WTI crude (CLZ23 ) fell more than -2%...

Barchart · Nov 8, 2023

Energy Demand Concerns Spark Fund Selling in Crude

December WTI crude oil (CLZ23 ) this morning is down -1.43 (-1.85%), and Dec RBOB gasoline (RBZ23 ) is down -0.0227 (-1.05%). Crude oil and gasoline prices this morning extended Tuesday's sharp losses, with crude falling to a 3-1/2 month low and gasoline dropping to a 10-1/2 month low. A...

Barchart · Nov 8, 2023

Has Crude Oil Turned Bearish?

There has been a lot of chatter about the downturn in crude oil of late, with the key question being if it is now a bearish market.

Barchart · Nov 8, 2023

Crude Plunges on Dollar Strength and a Weak Global Energy Demand Outlook

December WTI crude oil (CLZ23 ) on Tuesday closed down -3.45 (-4.27%), and Dec RBOB gasoline (RBZ23 ) closed down -0.0682 (-3.05%). Crude oil and gasoline prices Tuesday sold off sharply, with crude dropping to a 3-1/2 month low and gasoline sliding to a 4-week low. A stronger dollar on...

Barchart · Nov 7, 2023