The Latest Breaking News from crude oil

November WTI crude oil (CLX23 ) on Wednesday closed up +1.66 (+1.92%), and Nov RBOB gasoline (RBX23 ) closed up +6.90 (+3.02%). Nov WTI crude oil and gasoline prices on Wednesday rallied to 2-week highs and settled moderately higher. Crude oil prices were underpinned by concern about an escalation of...

The shipping industry is well-positioned for long-term growth thanks to the expansion of global trade, free-trade deals, government support, and technology integration. Therefore, it could be wise to buy fundamentally strong shipping stocks Top Ships (TOPS), Teekay (TK), and Overseas Shipholding Group (OSG). Keep reading….

November WTI crude oil (CLX23) this morning is up +1.27 (+1.47%), and Nov RBOB gasoline (RBX23) is up +4.61 (+2.02%). Nov WTI crude oil and gasoline prices this morning rallied to 2-week highs and are moderately higher. Concerns about an escalation of the Israeli-Hamas conflict that could disrupt Middle East...

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...

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...

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...

November WTI crude oil (CLX23) this morning is down -0.87 (-0.99%), and Nov RBOB gasoline (RBX23) is down -0.45 (-0.20%). Nov WTI crude oil and gasoline prices this morning are moderately lower. Crude prices are moderately lower today as diplomatic efforts to contain the Israeli-Hamas war have eased concerns the...

With violence in the Middle East escalating this past week, invsestors have been moving money to the safe haven commodity markets of gold and crude oil.

The distraught family of Manesh Kesavadas, the second officer of Liberian crude oil tanker M.T. Patmos I, who has been missing since Wednesday, has appealed to the Union government to help find him. Mr. Kesavadas, who joined the ship at Zhoushan, China, on August 6, was reported missing from early…

November WTI crude oil (CLX23 ) on Friday closed up +4.78 (+5.77%), and Nov RBOB gasoline (RBX23 ) closed up +10.03 (+4.63%). Nov WTI crude oil and gasoline prices Friday rallied sharply, with crude soaring to a 1-week high. Crude prices surged on concern the Israel-Hamas conflict may spread, potentially...

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.