The Latest Breaking News from crude oil

Rising Crude Oil Prices Support Sugar

October NY world sugar #11 (SBV26 ) today is up +0.15 (+1.01%), and October London ICE white sugar #5 (SWV26 ) is up +3.70 (+0.79%). Sugar prices are climbing today, supported by crude oil's strength. WTI crude oil (CLQ26 ) is up more than +2% today at a 5-week high,...

Barchart · Jul 21

Crude Oil Prices Rally on Global Supply Risks

August WTI crude oil (CLQ26 ) today is up +1.75 (+2.10%), and August RBOB gasoline (RBQ26 ) is up +0.0017 (+0.05%). Crude oil and gasoline prices are pushing higher today, with crude climbing to a 5-week high. The threat to global oil supplies is boosting crude oil prices today as...

Barchart · Jul 21

Dollar Supported by Higher Crude Prices

The dollar index (DXY00 ) is up by +0.06% today. The dollar is slightly higher today as the escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar....

Barchart · Jul 21

Analyst Warns Gas Prices Entered Uncharted Territory Not Seen Even in 2008

Gas prices in the U.S. crossed the $4 threshold again as escalating tensions between Washington and Tehran amid the U.S.- Israel-Iran war cast a shadow of uncertainty over the global crude oil supply chain.

Benzinga · Jul 21

$120 crude oil scare is back & India has plenty at stake

Goldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which imports most of its crude oil, a sustained oil price rally could increase the import bill, weaken the rupee, fuel inflation, widen the current account deficit and…

The Economic Times · Jul 21

Sensex falls 238 points, Nifty closes below 24,200 despite Iran-US mediation efforts

Indian stock markets experienced a decline on Tuesday, with major indices Sensex and Nifty closing lower. Broader markets, however, showed resilience, with midcap and smallcap indices registering gains. Geopolitical mediation efforts between Iran and the US offered some market sentiment support. Oil prices dipped below ninety dollars per barrel following…

The Economic Times · Jul 21

Petrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check here

Petrol, Diesel Prices Today: Indian fuel prices remained unchanged on Monday, July 21, despite global crude oil falling below ninety dollars. Retail fuel costs are influenced by taxes, freight, and exchange rates, not just crude prices. Oil marketing companies review prices daily, but revisions do not always occur immediately. Consumers…

The Economic Times · Jul 21

Oil Price Today (July 21): Crude oil dips below $90 on hopes of 10-day ceasefire in Iran war. What are experts saying?

Brent crude futures slipped 35 cents, or 0.4%, to $88.87 a barrel, while U.S. West Texas Intermediate crude for September delivery was little changed at $82.47 a barrel. Both benchmarks remained below the more than one-month highs touched in the previous session.

The Economic Times · Jul 21

Cotton Holds onto Gains on Monday

Cotton futures were up 9 to 37 points across most contracts on Monday. Crude oil was up another 65 cents per barrel, with the US dollar index up 0.209. Monday afternoon’s Crop Progress showed 73% of the US cotton crop squared as of Sunday, 1% ahead of normal. The crop...

Barchart · Jul 20

Stocks Pressured as Middle East Hostilities Boost Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. September E-mini S&P futures (ESU26 ) fell -0.20%, and September E-mini Nasdaq futures...

Barchart · Jul 20