The Latest Breaking News from crude oil

Oct WTI crude oil (CLV24 ) Monday closed up +1.44 (+2.10%), and Oct RBOB gasoline (RBV24 ) closed up +3.80 (+1.97%). Crude oil and gasoline prices Monday rallied sharply to 1-week highs. Monday's slide in the dollar index to a 1-week low was bullish for most commodity prices. Also, the...

October NY world sugar #11 (SBV24 ) Monday closed up +0.17 (+0.89%), and December London ICE white sugar #5 (SWZ24 ) closed down -4.90 (-0.93%). Sugar prices Monday settled mixed, with NY sugar posting a 1-week high. Sugar prices found support Monday from a +2% rally in crude oil prices...

October NY world sugar #11 (SBV24 ) today is up +0.05 (+0.26%), and December London ICE white sugar #5 (SWZ24 ) is down -6.30 (-1.19%). Sugar prices today are mixed, with NY sugar posting a 1-week high. Sugar prices found support today from a rally in crude oil prices (CLV24...

Oct WTI crude oil (CLV24 ) today is up +1.19 (+1.73%), and Oct RBOB gasoline (RBV24 ) is up +4.02 (+2.085%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Today's slide in the dollar index (DXY00 ) to a 1-week low is bullish for...

Gasoline prices typically fall in the autumn and early winter as demand decreases and gasoline retailers switch to cheaper winter-blend fuels. Additionally, Americans take fewer trips during this period, further reducing demand. OPEC is expected to increase production in December, which could contribute to further price declines. These combined factors…

Oct WTI crude oil (CLV24 ) Friday closed down -0.32 (-0.46%), and Oct RBOB gasoline (RBV24 ) closed up +0.32 (+0.17%). Crude oil and gasoline prices settled mixed on Friday. Crude fell back from a 1-week high and posted moderate losses after oil producers began bringing crude output back online...

October NY world sugar #11 (SBV24 ) today is up +0.14 (+0.73%), and Oct London ICE white sugar #5 (SWV24 ) is up +8.40 (+1.56%). Sugar prices today are moving higher for a third session, with NY sugar posting a 1-week high and London sugar posting a 2-week high. Sugar...

Crude oil remains the energy commodity that powers the world despite the increasing initiatives to combat climate change. Crude oil prices have been trending lower, but the geopolitical landscape and questions about the future of U.S. energy policy could mean the energy commodity is close to a bottom.

Oct WTI crude oil (CLV24 ) today is up +0.69 (+1.00%), and Oct RBOB gasoline (RBV24 ) is up +2.67 (+1.39%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Today's decline in the dollar index (DXY00 ) to a -week low is bullish for...

Oct WTI crude oil (CLV24 ) Thursday closed up +1.66 (+2.47%), and Oct RBOB gasoline (RBV24 ) closed up +2.98 (+1.57%). Crude oil and gasoline prices rallied for a second day on Thursday. Crude oil prices moved higher as tropical storm Francine disrupted US crude production in the Gulf of...

Gasoline is a seasonal fuel, while heating oil is a proxy for other distillates, making it a more year-round oil product. As the markets move into the fall and winter seasons, gasoline demand will decline, but heating oil demand will remain steady.