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The Latest Breaking News from crude oil

Crude Oil Prices Boosted by Weaker Dollar

August WTI crude oil (CLQ23 ) is up +1.28 (+1.80%), and Aug RBOB gasoline (RBQ23 ) is up +0.0113 (+0.45%). Aug nat-gas prices (NGQ23 ) are up +0.053 (+2.13%). Crude oil and gasoline prices are higher today on a weaker dollar and on some technical buying with Aug crude oil...

Barchart · Jun 21, 2023

Crude Prices Weighed Down by Chinese Energy Demand Concerns

August WTI crude oil (CLQ23 ) on Tuesday closed down -0.74 (-1.03%), and Aug RBOB gasoline (RBQ23 ) closed down -6.86 (-2.65%). Crude oil and gasoline prices Tuesday settled moderately lower. A stronger dollar Tuesday was bearish for crude prices, along with a selloff in stocks, which weighs on confidence...

Barchart · Jun 20, 2023

Crude Prices Under Pressure from Chinese Energy Demand Concerns

August WTI crude oil (CLQ23 ) this morning is down -1.70 (-2.36%), and Aug RBOB gasoline (RBQ23 ) is down -8.70 (-3.36%). July Nymex natural gas (NGN23 ) is down -0.100 (-3.80%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is bearish for crude...

Barchart · Jun 20, 2023

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Cheap Russian oil fuels India’s response to Ukraine war

The West expected India to turn its back on Russia, but a look at the numbers shows that expectation never seemed realistic or likely.

360info · Jun 18, 2023

Crude Prices Extend Gains as Active U.S. Oil Rigs Fall

July WTI crude oil (CLN23 ) on Friday closed up +1.16 (+1.64%), and July RBOB gasoline (RBN23 ) closed up +3.88 (+1.47%). Crude oil and gasoline prices Friday moved higher the entire day, with crude posting a 1-week high and gasoline posting a 2-week high. Crude prices rose Friday on...

Barchart · Jun 16, 2023

If Major Market Sectors are Bullish, Is it Actually a Recession?

There continues to be an endless stream of chatter about how the US is in a recession, due in part to commodities. But let's ask ourselves, is it actually a recession?

Barchart · Jun 16, 2023

Crude Prices Remain Firm on Optimism China Will Boost Stimulus

July WTI crude oil (CLN23 ) this morning is up +0.30 (+0.42%), and July RBOB gasoline (RBN23 ) is up +0.71 (+0.27%). July Nymex natural gas (NGN23 ) is up +0.073 (+2.88%). Crude oil and gasoline prices this morning rose to 1-week highs and are moderately higher. Crude prices are...

Barchart · Jun 16, 2023

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Crude Sharply Higher on China Energy Demand Optimism

July WTI crude oil (CLN23 ) on Thursday closed up +2.35 (+3.44%), and July RBOB gasoline (RBN23 ) closed up +8.71 (+3.41%). Crude oil and gasoline prices Thursday settled sharply higher. A slump in the dollar index Thursday to a 1-month low is bullish for energy prices. Crude also found...

Barchart · Jun 15, 2023

Crude Rallies on Dollar Weakness and China's Interest Rate Cut

July WTI crude oil (CLN23 ) this morning is up +1.56 (+2.29%), and July RBOB gasoline (RBN23 ) is up +6.80 (+2.66%). July Nymex natural gas (NGN23 ) is up +0.191 (+8.16%). Crude oil and gasoline prices this morning are moderately higher. A slump in the dollar index today to...

Barchart · Jun 15, 2023

Crude Prices Fall on Ample U.S. Oil Supplies

July WTI crude oil (CLN23 ) on Wednesday closed down -1.15 (-1.66%), and July RBOB gasoline (RBN23 ) closed down -0.33 (-0.13%). Crude oil and gasoline prices Wednesday settled lower. Crude prices gave up an early advance and moved moderately lower after an unexpected build in weekly EIA crude inventories....

Barchart · Jun 14, 2023

The Top 3 Shipping Stocks With Great Momentum

The demand for shipping services is expected to stay afloat on the backs of international trade. Therefore, investors could look to buy fundamentally strong shipping stocks Teekay Corp. (TK), Overseas Shipholding Group (OSG), and StealthGas Inc. (GASS), which are riding the tides of momentum. Continue reading….

StockNews.com · Jun 14, 2023

Crude Prices Fall after Weekly EIA Crude Inventories Unexpectedly Climb

July WTI crude oil (CLN23 ) this morning is down -0.60 (-0.86%), and July RBOB gasoline (RBN23 ) is down -0.34 (-0.13%). July Nymex natural gas (NGN23 ) is up +0.003 (+0.09%). Crude oil and gasoline prices this morning are mixed. Crude prices gave up an early advance and moved...

Barchart · Jun 14, 2023

Crude Prices Finish Sharply Higher on Hopes for Additional China Stimulus

July WTI crude oil (CLN23 ) on Tuesday closed up +2.30 (+3.43%), and July RBOB gasoline (RBN23 ) closed up +7.53 (+3.03%). Crude oil and gasoline prices Tuesday rallied sharply. A slump in the dollar index Tuesday to a 3-week low was bullish for energy prices. Also, the outlook for...

Barchart · Jun 13, 2023

Crude Prices Jump on the Outlook for Additional China Stimulus

July WTI crude oil (CLN23 ) this morning is up +2.02 (+3.01%), and July RBOB gasoline (RBN23 ) is up +6.71 (+2.70%). July Nymex natural gas (NGN23 ) is up +0.072 (+3.18%). Crude oil and gasoline prices this morning are sharply higher. A slump in the dollar index today to...

Barchart · Jun 13, 2023

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Barchart · Jun 12, 2023

Crude Prices Fall Sharply after Goldman Sachs Cuts its Crude Price Forecast Again

July WTI crude oil (CLN23 ) on Monday closed down -3.05 (-4.35%), and July RBOB gasoline (RBN23 ) closed down -11.06 (-4.27%). Crude oil and gasoline prices Monday sold off sharply, with crude falling to a 6-week low and gasoline sliding to a 1-week low. A stronger dollar Monday weighed...

Barchart · Jun 12, 2023

Crude Prices Tumble after Goldman Sachs Cuts its Crude Price Forecast Again

July WTI crude oil (CLN23 ) this morning is down -2.25 (-3.21%), and July RBOB gasoline (RBN23 ) is down -9.07 (-3.50%). July Nymex natural gas (NGN23 ) is down -0.021 (-0.93%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 6-week low and...

Al Jazeera · Jun 12, 2023

Pakistan gets first shipment of Russian crude under discount deal

Prime Minister Shehbaz Sharif calls arrival of the Russian crude a ‘transformative day’ for the crisis-ridden country.

The Hindu · Jun 10, 2023

Malayali sailors, who were detained in Nigeria, return to an emotional reunion with families

Three Malayali sailors of very large crude oil carrier MT Heroic Idun who were detained by the Nigerian Navy for almost a year had an emotional reunion with their families at the Cochin International Airport on their return via the South African city of Cape Town

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Barchart · Jun 9, 2023

Crude Prices Fall on Energy Demand Concerns in China

July WTI crude oil (CLN23 ) on Friday closed down -1.12 (-1.57%), and July RBOB gasoline (RBN23 ) closed down -1.95 (-0.75%). Crude oil and gasoline prices Friday posted moderate losses. A stronger dollar Friday undercut energy prices. Also, concern about weakness in China's energy demand is bearish for crude...

Barchart · Jun 9, 2023

Crude Slightly Lower on Energy Demand Concerns in China

July WTI crude oil (CLN23 ) this morning is down -0.08 (-0.11%), and July RBOB gasoline (RBN23 ) is down -0.16 (-0.06%). July Nymex natural gas (NGN23 ) is down -0.063 (-2.68%). Crude oil and gasoline prices today are slightly lower. A stronger dollar today is undercutting energy prices. Also,...

Barchart · Jun 8, 2023

Crude Prices Fall on Iran Media Reports and Global Energy Demand Concerns

July WTI crude oil (CLN23 ) on Thursday closed down -1.24 (-1.71%), and July RBOB gasoline (RBN23 ) closed down -2.85 (-1.08%). Crude oil and gasoline prices this morning gave up an early advance and posted moderate losses on reports that Iran and the U.S. have made progress in talks...

Barchart · Jun 8, 2023

Crude Prices Sink on Global Energy Demand Concerns

July WTI crude oil (CLN23 ) this morning is down -2.98 (-4.11%), and July RBOB gasoline (RBN23 ) is down -9.15 (-3.46%). July Nymex natural gas (NGN23 ) is down -0.046 (-1.98%). Crude oil and gasoline prices this morning gave up an early advance and fell sharply on concern that...

Evening Standard · Jun 8, 2023

What is e-fuel? Synthetic petrol could displace electric vehicles

You can make car fuel without crude oil, but do e-fuels show a visible future for the internal combustion engine?

Barchart · Jun 7, 2023

Crude Rallies on an Unexpected Decline in Weekly EIA Crude Inventories

July WTI crude oil (CLN23 ) on Wednesday closed up +0.79 (+1.10%), and July RBOB gasoline (RBN23 ) closed up +7.69 (+3.00%). Crude oil and gasoline prices Wednesday closed moderately higher. Signs of stronger Chinese crude demand pushed prices higher, as did a jump in U.S refinery runs to a...

Barchart · Jun 7, 2023

Crude Rallies on Dollar Weakness and an Unexpected Decline in EIA Crude Inventories

July WTI crude oil (CLN23 ) this morning is up +1.07 (+1.49%), and July RBOB gasoline (RBN23 ) is up +5.95 (+2.32%). July Nymex natural gas (NGN23 ) is up +0.041 (+1.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar (DXY00 ) today is pushing...

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