The Latest Breaking News from crude oil

August WTI crude oil (CLQ25 ) today is up +0.73 (+1.12%), and August RBOB gasoline (RBQ25 ) is down -0.94 (-0.35%). Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and...

The National Transportation Safety Board says roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at a problem

Given the shift in U.S. energy policy, I had been bearish on crude oil prices after the Trump administration took office in January 2025. However, I had one caveat, which was solving some of the issues facing the Middle East. The recent hostilities between Israel and Iran have lit a…

August WTI crude oil (CLQ25 ) today is up +1.41 (+2.17%), and August RBOB gasoline (RBQ25 ) is up +0.0380 (+1.84%). Crude oil and gasoline prices are sharply higher today due to the decline in the dollar index (DXY00 ) to a 3-1/4 year low. Also, today's rally in the...

August WTI crude oil (CLQ25 ) Wednesday closed up +0.55 (+0.85%), and August RBOB gasoline (RBQ25 ) closed down -0.0049 (-0.24%). Crude oil and gasoline prices on Wednesday settled mixed. Crude oil found support on Wednesday's bullish weekly EIA report, which showed a larger-than-expected draw in crude oil inventories and...

July NY world sugar #11 (SBN25 ) Wednesday closed up +0.21 (+1.33%), and August London ICE white sugar #5 (SWQ25 ) closed up +11.00 (+2.35%). Sugar prices on Wednesday recovered from early losses and moved higher after a +1% rally in WTI crude oil (CLQ25 ) sparked some short-covering in...

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday.

July NY world sugar #11 (SBN25 ) today is up +0.13 (+0.82%), and August London ICE white sugar #5 (SWQ25 ) is up +10.50 (+2.24%). Sugar prices today recovered from early losses and turned higher after a +2% rally in WTI crude oil (CLQ25 ) sparked some short-covering in sugar...

August WTI crude oil (CLQ25 ) today is up +1.14 (+1.77%), and August RBOB gasoline (RBQ25 ) is up +0.0128 (+0.62%). Crude oil and gasoline are moving higher today on a bullish weekly EIA report that showed a larger-than-expected draw in crude oil inventories and a surge in US gasoline...

August WTI crude oil (CLQ25 ) Tuesday closed down -4.14 (-6.04%), and August RBOB gasoline (RBQ25 ) closed down -0.1282 (-5.83%). Crude oil and gasoline sold off sharply Tuesday to 1-1/2 week lows after President Trump announced a ceasefire in the Israel-Iran conflict, reducing concerns about a disruption to Middle...

July NY world sugar #11 (SBN25 ) Tuesday closed down -0.27 (-1.68%), and August London ICE white sugar #5 (SWQ25 ) closed up +0.50 (+0.11%). Sugar prices on Tuesday settled mixed, with NY sugar slumping to a 4-year nearest-futures low. Tuesday's -5% plunge in crude prices (CLQ25) weighed on sugar...