The Latest Breaking News from crude oil

Crude Little Changed on Diplomatic Efforts to Contain the Israeli-Hamas Conflict

November WTI crude oil (CLX23 ) on Tuesday closed unchanged, and Nov RBOB gasoline (RBX23 ) closed up +1.15 (+0.51%). Nov WTI crude oil and gasoline prices on Tuesday settled mixed. Crude oil prices were little changed as diplomatic efforts to contain the Israeli-Hamas war lessened the chance the conflict...

Barchart · Oct 17, 2023

Crude Prices Fade on Diplomatic Efforts to Contain the Israeli-Hamas Conflict

November WTI crude oil (CLX23 ) this morning is down -0.72 (-0.83%), and Nov RBOB gasoline (RBX23 ) is down -0.36 (-0.16%). Nov WTI crude oil and gasoline prices this morning are moderately lower. Crude oil prices are under pressure as diplomatic efforts to contain the Israeli-Hamas war lessen the...

Barchart · Oct 17, 2023

Crude Moderately Lower on Possible Resumption of Venezuelan Crude Oil Exports

November WTI crude oil (CLX23 ) on Monday closed down -1.03 (-1.17%), and Nov RBOB gasoline (RBX23 ) closed up +0.77 (+0.34%). Nov WTI crude oil and gasoline prices on Monday settled mixed, with gasoline posting a 1-1/2 week high. Crude oil prices fell back Monday as diplomatic efforts to...

Barchart · Oct 16, 2023

Gauging the Grain Market: Where are Soybeans, Corn, and Wheat Headed?

Earlier today, I was interviewed by Michelle Rook on AgWeb's Markets Now. We spoke about the action in the grain markets, energy markets, gold, cattle, and interest rates.

Barchart · Oct 13, 2023

Crude Surges on Fears the Israeli-Hamas War Could Escalate

November WTI crude oil (CLX23 ) this morning is up +3.51 (+4.23%), and Nov RBOB gasoline (RBX23 ) is up +8.67 (+4.00%). Nov WTI crude oil and gasoline prices this morning are sharply higher on concern the Israel-Hamas conflict may spread, potentially disrupting Middle East crude supplies. The conflict could...

Barchart · Oct 13, 2023

Exxon Mobil (XOM) vs. Adams Resources & Energy (AE) – Which Energy Stock Is Poised for Weekly Gains?

Given robust demand for oil and natural gas globally and surging crude oil prices, the energy sector is well-positioned for significant growth and profitability. Amid this backdrop, let’s compare energy stocks Exxon Mobil (XOM) and Adams Resources & Energy (AE) to determine which is poised for better weekly returns. Read…

StockNews.com · Oct 13, 2023

Crude Retreats as Weekly EIA Crude Inventories Unexpectedly Climb

November WTI crude oil (CLX23 ) on Thursday closed down -0.58 (-0.69%), and Nov RBOB gasoline (RBX23 ) closed down -4.51 (-2.04%). Nov WTI crude oil and gasoline prices Thursday gave up an early advance and closed moderately lower. Crude prices gave up an early rally Thursday as the dollar...

Barchart · Oct 12, 2023

Crude Slightly Higher on Geopolitical Risks in the Middle East

November WTI crude oil (CLX23 ) this morning is up +0.17 (+0.20%), and Nov RBOB gasoline (RBX23 ) is down -3.74 (-1.69%). Nov WTI crude oil and gasoline prices this morning are mixed. Crude has support today on concerns about the Israel-Hamas conflict spreading. Also, comments today from Saudi Energy...

Barchart · Oct 12, 2023

3 Energy Stocks With Massive Potential for Gains

Rising crude oil prices, with surging demand and constrained supply, are expected to boost the prospects of the energy industry. Therefore, it could be wise to buy fundamentally strong energy stocks Halliburton (HAL), Matrix Service Company (MTRX), and ChampionX (CHX). Read more….

StockNews.com · Oct 12, 2023

Crude Prices Retreat on Lack of Oil-Flow Disruption Thus Far from Israel-Hamas Conflict

November WTI crude oil (CLX23 ) on Wednesday closed down -2.48 (-2.88%), and Nov RBOB gasoline (RBX23 ) closed down -4.83 (-2.11%). Nov WTI crude oil and gasoline prices Wednesday fell sharply on initial indications the war between Israel and Hamas will have a limited impact on oil flows in...

Barchart · Oct 11, 2023