The Latest Breaking News from crude oil

It's time to take another look at the Crude Oil's seasonal patterns, a factor made more interesting by this weekend's activities.

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.

U.S. Secretary of State Marco Rubio has called on China to prevent Iran from shutting down the Strait of Hormuz, a crucial trade route for global crude oil. Rubio’s warning comes amid escalating tensions in the Middle East.

The Iranian parliament has approved the closure of key shipping route the Strait of Hormuz, in a move that could further escalate the Israel/Iran war.

July WTI crude oil (CLN25 ) Friday closed down -0.21 (-0.28%), and July RBOB gasoline (RBN25 ) closed up +0.0209 (+0.91%). Crude oil and gasoline prices settled mixed on Friday, with gasoline posting a 10-1/4 month high. Friday's weaker dollar was bullish for energy prices. Crude oil prices turned lower...

July WTI crude oil (CLN25 ) today is down -0.26 (-0.35%), and July RBOB gasoline (RBN25 ) is up +0.0057 (+0.25%). Crude oil and gasoline prices today are mixed, with gasoline posting a 10-1/4 month high. Today's weaker dollar is bullish for energy prices. Also, concern about the Israel-Iran conflict...

Crude oil prices have climbed and Asian shares are trading mixed as markets await more clarity on whether or not the U.S. will join Israel’s war against Iran

The refinery fits a pattern long associated with fuel theft and money laundering by criminal groups in Mexico, especially the Jalisco New Generation Cartel (CJNG).

World sugar futures have been in a bearish trend since November 2023, making lower highs and lower lows. The price of the continuous ICE futures contract recently probed below 16 cents for the first time since April 2021. However, one factor could cause a recovery over the coming weeks and…

July WTI crude oil (CLN25 ) Wednesday closed up +0.30 (+0.40%), and July RBOB gasoline (RBN25 ) closed up +0.0367 (+1.62%). Crude oil prices whipsawed Wednesday in volatile trade and finally settled higher. Concern about escalation of the Israel-Iran war boosted crude prices Wednesday after Iran's Supreme Leader Ayatollah Ali...

July WTI crude oil (CLN25 ) today is down -1.06 (-1.42%), and July RBOB gasoline (RBN25 ) is down -0.0054 (-0.24%). Crude oil prices today gave up an early advance and turned lower on signs that the conflict between Israel and Iran could de-escalate after President Trump said Iran reached...