The Latest Breaking News from crude oil

May WTI crude oil (CLK24 ) on Tuesday closed down -0.33 (-0.40%), and May RBOB gasoline (RBK24 ) closed down -4.31 (-1.58%). Crude and gasoline prices on Tuesday closed moderately lower, with gasoline falling to a 1-week low. A stronger dollar (DXY00 ) Tuesday weighed on energy prices. Also, an...

May WTI crude oil (CLK24 ) this morning is down -0.19 (-0.23%), and May RBOB gasoline (RBK24 ) is down -3.53 (-1.29%). Crude and gasoline prices this morning are moderately lower, with gasoline falling to a 1-week low. A stronger dollar today is bearish for energy prices. Also, an increase...

Indian refiners increase US crude oil purchases to diversify from Russian imports amidst global energy market disruptions.

Late December's tax-driven selling pressures drove oil prices down. As if on cue, seasonal buying pressure emerged, injecting a fresh wave of optimism into the crude oil market. This demand is not without purpose; it marks the onset of preparations for the impending summer driving season. Refiners embark on a…

May WTI crude oil (CLK24 ) on Monday closed up +1.32 (+1.64%), and May RBOB gasoline (RBK24 ) closed up +1.14 (+0.42%). On Monday, crude oil and gasoline prices posted moderate gains on a weaker dollar. Crude oil prices are also seeing support from expectations that global crude supplies will...

May WTI crude oil (CLK24 ) this morning is up +1.42 (+1.46%), and May RBOB gasoline (RBK24 ) is up +1.92 (+0.71%). Crude oil and gasoline prices today are trading higher on a weaker dollar. Crude oil prices are also seeing support from expectations that global crude supplies will remain...

After reaching a record high in 2022, coal prices have come back down to earth. Coal for delivery in Newcastle, Australia, and Rotterdam, the Netherlands, has traded in a range in 2023, well below the 2022 high.

May WTI crude oil (CLK24 ) on Friday closed down -0.44 (-0.54%), and May RBOB gasoline (RBK24 ) closed up +0.48 (+0.08%). Crude oil and gasoline prices on Friday settled mixed. Energy prices Friday were under pressure from a rally in the dollar index to a 5-week high. Energy prices...

May WTI crude oil (CLK24 ) this morning is down -0.23 (-0.28%), and May RBOB gasoline (RBK24 ) is up +0.22 (+0.08%). Crude oil and gasoline prices this morning are mixed. Energy prices are under pressure from the rally in the dollar index to a 5-week high. Losses in crude...

The energy industry is poised for robust growth due to increasing global demand for oil amid supply cuts and potential production disruptions. This trend creates opportunities for investment across the sector. Therefore, investors could consider buying fundamentally strong energy stocks such as Phillips 66 (PSX), Cheniere Energy (LNG), and Western…

May WTI crude oil (CLK24 ) on Thursday closed down -0.25 (-0.31%), and May RBOB gasoline (RBK24 ) closed down -0.71 (-0.26%). Crude oil and gasoline prices Thursday settled moderately lower as a stronger dollar (DXY00 ) undercut energy prices. Also, technical selling weighed on crude as prices neared overbought...