The Latest Breaking News from crude oil

Crude Prices Underpinned by Tightness in Global Supplies

September WTI crude oil (CLU23) this morning is up +0.89 (+1.18%), and Sep RBOB gasoline (RBU23) is up +4.87 (+1.81%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting to a 3-month nearest-futures high. Crude prices are underpinned by the outlook for tighter crude supplies after...

Barchart · Jul 21, 2023

Crude Settles Higher on the Outlook for Tighter Global Supplies

August WTI crude oil (CLQ23 ) on Thursday closed up +0.28 (+0.37%), and Aug RBOB gasoline (RBQ23) closed up +2.27 (+0.83%). Crude oil and gasoline prices on Thursday posted moderate gains, with gasoline climbing to a 3-month nearest-futures high. Crude prices Thursday moved higher on the outlook for tighter crude...

Barchart · Jul 20, 2023

Dollar Strength Weighs on Crude Oil Prices

August WTI crude oil (CLQ23 ) this morning is down -0.42 (-0.56%), and Aug RBOB gasoline (RBQ23 ) is down -1.42 (-0.59%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower on a rally in the dollar index (DXY00 ) to a 1-week...

Barchart · Jul 20, 2023

Sugar Settles Mixed as Crude Prices Jump

Oct NY world sugar #11 (SBV23 ) on Tuesday closed +0.06 (+0.25%), and Oct London white sugar #5 (SWV23 ) closed -3.30 (-0.49%). Sugar prices Tuesday settled mixed. A +2% rally in WTI crude oil (CLQ23 ) Tuesday supported sugar prices. Higher crude prices benefit ethanol prices and may prompt...

Barchart · Jul 18, 2023

Crude Gains on Tight Oil Supplies and Economic Optimism

August WTI crude oil (CLQ23 ) this morning is up +1.31 (+1.77%), and Aug RBOB gasoline (RBQ23 ) is up +4.71 (+1.79%). Crude oil and gasoline prices this morning are moderately higher, with gasoline climbing to a 1-1/2 month nearest-futures high. The outlook for tighter crude supplies is lifting oil...

Barchart · Jul 18, 2023

Is Momentum on the Rise for Exxon Mobil (XOM)?

While energy stocks have struggled to deliver stable returns, let us analyze if leading oil producer Exxon Mobil (XOM) has managed to maintain its momentum. Keep reading.

StockNews.com · Jul 18, 2023

Crude Retreats as Libya Restarts Production and Chinese Growth Disappoints

August WTI crude oil (CLQ23 ) on Monday closed down -1.27 (-1.68%), and Aug RBOB gasoline (RBQ23 ) closed down -1.20 (-0.45%). Crude oil and gasoline prices Monday posted moderate losses on weaker-than-expected Chinese economic reports and the restart of crude oil production in Libya as protesters left oilfields Crude...

Barchart · Jul 17, 2023

Sugar Prices Fall Back on Crude Oil Weakness and Brazil Harvest Pressures

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.52 (-2.14%), and Oct London white sugar #5 (SWV23 ) closed -16.30 (-2.38%). Sugar prices Monday closed lower after WTI crude oil fell more than -1% on Monday. Weaker crude prices undercut ethanol prices and may prompt global sugar mills...

Barchart · Jul 17, 2023

Crude Slides as Libya Restarts Production and Chinese Growth Disappoints

August WTI crude oil (CLQ23 ) this morning is down -0.62 (-0.82%), and Aug RBOB gasoline (RBQ23 ) is down -1.84 (-0.70%). Crude oil and gasoline prices this morning are moderately lower. Bearish factors include (1) a stronger dollar, (2) the restart of crude oil production in Libya as protesters...

Barchart · Jul 17, 2023

Crude Falls on a Stronger Dollar and Technical Selling

August WTI crude oil (CLQ23 ) on Friday closed down -1.47 (-1.91%), and Aug RBOB gasoline (RBQ23 ) closed down -3.49 (-1.30%). Crude oil and gasoline prices Friday posted moderate losses. Crude oil prices were undercut as the dollar index recovered from a 15-month low and moved higher. Also, technical...

Barchart · Jul 14, 2023