The Latest Breaking News from crude oil

Crude Prices Retreat on Risk-Off Sentiment

September WTI crude oil (CLU23 ) on Wednesday closed down -1.88 (-2.31%), and Sep RBOB gasoline (RBU23 ) closed down -9.72 (-3.38%). Crude oil and gasoline prices Wednesday closed sharply lower. Crude prices fell back from a 3-1/2 month high and retreated after a plunge in stocks sparked risk-off sentiment...

Barchart · Aug 2, 2023

Crude Prices Sink with Stocks on Risk-Off Sentiment in Asset Markets

September WTI crude oil (CLU23 ) this morning is down -1.76 (-2.16%), and Sep RBOB gasoline (RBU23 ) is down -8.31 (-2.89%). Crude oil and gasoline prices this morning are moderately lower. Crude prices fell back from a 3-1/2 month high and turned lower after a stock sell-off sparked a...

Barchart · Aug 2, 2023

How much oil is produced in the US?

Since 2018, the US has been the largest producer of crude oil in the world.

USAFacts · Aug 1, 2023

Sugar Prices Follow Crude Oil Higher

Oct NY world sugar #11 (SBV23 ) on Monday closed +0.19 (+0.79%), and Oct London white sugar #5 (SWV23 ) closed +4.80 (+0.71%). Sugar prices Monday posted moderate gains. Strength in crude oil (CLU23) supported sugar prices after WTI crude on Monday rallied more than +1% to a 3-1/2 month...

Barchart · Jul 31, 2023

Crude Prices Underpinned by Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.01 (+1.25%), and Sep RBOB gasoline (RBU23 ) is down -0.93 (-0.42%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-1/2 month high. Crude prices are underpinned by recent supply cuts from OPEC+ and...

Barchart · Jul 31, 2023

Modi government looting people, ruthlessly profiteering from petrol, diesel: Jairam Ramesh

NEW DELHI: Congress general secretary in-charge of the communications department Jairam Ramesh levelled a serious allegation against the Narendra Modi government at the Centre by stating that it is looting the people and resorting to brazen profiteering by selling cheap oil at exorbitant prices.

The Times of India · Jul 30, 2023

Oil Prices Hit $80, Sparking 5-Week Winning Streak: 5 Must-Watch Oil ETFs To Ride The Wave

Crude oil has gained five weeks in a row, almost undetected by investors who are completely focused on the stock market surge fueled by AI stocks and the significant reduction in inflation

Zenger · Jul 29, 2023

Crude Settles Higher on Dollar Weakness and U.S. Energy Demand Optimism

September WTI crude oil (CLU23 ) on Friday closed up +0.49 (+0.61%), and Sep RBOB gasoline (RBU23 ) closed up +0.61 (+0.21%). Crude oil and gasoline prices Friday posted moderate gains, with crude climbing to a 3-1/4 month high and gasoline climbing to a 9-month high. A weaker dollar Friday...

Barchart · Jul 28, 2023

Crude Pushes Higher on Dollar Weakness and Easing U.S. Price Pressures

September WTI crude oil (CLU23 ) this morning is up +0.11 (+0.14%), and Sep RBOB gasoline (RBU23 ) is up +3.04 (+1.06%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting a 9-month high. A weaker dollar today is bullish for energy prices. Crude prices also...

Barchart · Jul 28, 2023

3 Energy Stocks to Watch With Strong Momentum

The dwindling crude oil supply and heightened demand for oil and gas may establish a continual upswing for the energy sector. The market conditions have helped energy stocks Chevron Corporation (CVX), Kinder Morgan (KMI), and PBF Energy (PBF) gain robust momentum lately. Read on….

StockNews.com · Jul 28, 2023