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The Latest Breaking News from crude oil

Crude Gains on Supply Concerns as US May Sanction Russian and Iranian Crude

January WTI crude oil (CLF25 ) Friday closed up +1.27 (+1.81%), and January RBOB gasoline (RBF25 ) closed up +0.0133 (+0.67%). Crude oil and gasoline prices Friday rallied to 2-1/2 week highs and settled higher. The prospects for additional sanctions on Russian and Iranian crude supplies pushed oil prices higher...

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Crude Rises on Possible Sanctions on Russian and Iranian Crude

January WTI crude oil (CLF25 ) today is up +0.80 (+1.14%), and January RBOB gasoline (RBF25 ) is up +0.0112 (+0.56%). Crude oil and gasoline prices today are moderately higher and posted 2-1/2 week highs. The prospects for additional sanctions on Russian and Iranian crude supplies are pushing oil prices...

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Crude Closes Lower on the Outlook for a Global Crude Glut

January WTI crude oil (CLF25 ) Thursday closed down -0.27 (-0.38%), and January RBOB gasoline (RBF25 ) closed up +0.0027 (+0.14%). Crude oil and gasoline prices Thursday fell back from 2-1/2 week highs and settled mixed. Thursday's rally in the dollar index (DXY00 ) to a 2-week high weighed on...

Barchart

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Crude Tumbles as the IEA Projects a Global Crude Surplus Next Year

January WTI crude oil (CLF25 ) today is down -0.92 (-1.31%), and January RBOB gasoline (RBF25 ) is down -0.0239 (-1.20%). Crude oil and gasoline prices today fell back from 2-1/2 week highs and are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-week high is...

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Crude Rallies on the Potential for Additional US Sanctions on Russian Oil

January WTI crude oil (CLF25 ) Wednesday closed up +1.70 (+2.48%), and January RBOB gasoline (RBF25 ) closed up +0.0290 (+1.48%). Crude oil and gasoline prices posted moderate gains Wednesday, with crude climbing to a 1-week high and gasoline rising to a 2-week high. Crude prices rallied Wednesday on the...

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Strength in Crude Oil Pushes Sugar Prices Higher

March NY world sugar #11 (SBH25 ) Wednesday closed up +0.24 (+1.14%), and March London ICE white sugar #5 (SWH25 ) closed up +2.10 (+0.39%). Sugar prices Wednesday posted moderate gains, with London sugar recovering from a 1-month low. Short covering emerged in sugar futures Wednesday after WTI crude oil...

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Sugar Prices Supported by Strength in Crude Oil

March NY world sugar #11 (SBH25 ) today is up +0.25 (+1.19%), and March London ICE white sugar #5 (SWH25 ) is up +3.60 (+0.67%). Sugar prices today are moderately higher, with London sugar recovering from a 1-month low. Short covering emerged in sugar futures after WTI crude oil (CLF25)...

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Crude Climbs on the Possibility of Tighter US Sanctions on Russian Oil

January WTI crude oil (CLF25 ) today is up +1.10 (+1.60%), and January RBOB gasoline (RBF25 ) is up +0.0167 (+0.85%). Crude oil and gasoline prices today are moderately higher, with crude posting a 1-week high and gasoline posting a 2-week high. Crude prices are climbing today on the possibility...

Barchart

Crude Prices Finish Higher on Hopes of Improved Chinese Energy Demand

January WTI crude oil (CLF25 ) Tuesday closed up +0.22 (+0.32%), and January RBOB gasoline (RBF25 ) closed up +0.0043 (+0.22%). Crude oil and gasoline prices posted modest gains on Tuesday. Crude prices rose Tuesday on carryover support from Monday when the Chinese government pledged to revive the economy, which...

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Crude Supported by China Stimulus Optimism

January WTI crude oil (CLF25 ) today is up +0.62 (+0.91%), and January RBOB gasoline (RBF25 ) is up +0.0190 (+0.97%). Crude oil and gasoline prices today are moderately higher. Crude is climbing today on carryover support from Monday when the Chinese government pledged to revive the economy, which will...

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What to look for in Supreme Court arguments over environmental regulation of Utah oil railway plan

A proposed western railroad expansion aimed at boosting crude oil production in Utah is coming before the Supreme Court in a case that could have wider effects on federal environmental regulation

The Independent UK

Crude Prices Finish Higher as China Vows to Ramp-Up Economic Stimulus

January WTI crude oil (CLF25 ) Monday closed up +1.17 (+1.74%), and January RBOB gasoline (RBF25 ) closed up +0.0463 (+2.43%). Crude oil and gasoline prices rallied Monday in the hopes that additional stimulus measures by the Chinese government will boost energy demand in China, the world's second-largest crude consumer....

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Crude Prices Jump as China Vows to Ramp-Up Stimulus

January WTI crude oil (CLF25 ) today is up +1.56 (+2.32%), and January RBOB gasoline (RBF25 ) is up +0.0508 (+2.66%). Crude oil and gasoline prices today are climbing in the hopes that additional stimulus measures by the Chinese government will boost energy demand in China, the world's second-largest crude...

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Crude Prices Weighed Down by a Stronger Dollar and Oversupply Concerns

January WTI crude oil (CLF25 ) Friday closed down -1.10 (-1.61%), and January RBOB gasoline (RBF25 ) closed down -0.0263 (-1.36%). Crude oil and gasoline prices posted moderate losses on Friday, with crude sliding to a 2-1/2 week low and gasoline falling to a 2-month low. A stronger dollar Friday...

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Crude Prices Slip on Dollar Strength and Oversupply Concerns

January WTI crude oil (CLF25 ) today is down -0.94 (-1.38%), and January RBOB gasoline (RBF25 ) is down -0.0255 (-1.32%). Crude oil and gasoline prices today are moderately lower, with crude posting a 2-1/2 week low and gasoline posting a 2-month low. A stronger dollar today is bearish for...

Barchart

Signs of Weak Global Energy Demand Undercut Crude Prices

January WTI crude oil (CLF25 ) Thursday closed down -0.24 (-0.35%), and January RBOB gasoline (RBF25 ) closed down -0.0066 (-0.34%). Crude oil and gasoline prices posted moderate losses on Thursday. Crude prices fell as Thursday's weaker-than-expected global economic news signals stagnant fuel demand. A weaker dollar Thursday limited losses...

Barchart

Are Crude Oil Prices Going Lower?

Crude oil prices are holding near $70 per barrel. Meanwhile, the incoming administration’s plans and the international oil cartel’s response could mean that prices will by significantly lower in 2025.

Barchart

Crude Recovers Early Losses as OPEC+ Delays Planned Crude Output Hikes

January WTI crude oil (CLF25 ) today is up +0.11 (+0.16%), and January RBOB gasoline (RBF25 ) is up +0.0023 (+0.12%). Crude oil and gasoline prices today recovered from early losses and turned higher as the dollar weakened. Gains in crude accelerated today after OPEC+ said it would delay the...

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Crude Prices Tumble on US Energy Demand Concerns

January WTI crude oil (CLF25 ) Wednesday closed down -1.40 (-2.00%), and January RBOB gasoline (RBF25 ) closed down -0.0233 (-1.19%). Crude oil and gasoline prices Wednesday gave up an early advance and settled moderately lower. Weaker than expected US economic news Wednesday on Nov ADP employment and Nov ISM...

Barchart

Crude Prices Slip on Weak US Economic News

January WTI crude oil (CLF25 ) today is down -0.41 (-0.59%), and January RBOB gasoline (RBF25 ) is up +0.0017 (+0029%). Crude oil and gasoline prices today are mixed. Softer than expected US economic news today on Nov ADP employment and Nov ISM services is negative for energy demand and...

Barchart

Crude Oil Rises on Dollar Weakness and Iran Crude Sanctions

January WTI crude oil (CLF25 ) Tuesday closed up +1.84 (+2.70%), and January RBOB gasoline (RBF25 ) closed up +0.0452 (+2.36%). Crude oil and gasoline prices on Tuesday pushed moderately higher due to a weaker dollar. Crude extended its gains Tuesday after the US imposed more sanctions on Iranian crude,...

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Crude Prices Jump on Dollar Weakness and Additional US Sanctions on Iran

January WTI crude oil (CLF25 ) today is up +1.54 (+2.26%), and January RBOB gasoline (RBF25 ) is up +0.0396 (+2.07%). Crude oil and gasoline prices today are climbing due to a weaker dollar. Crude extended its gains today after the US imposed more sanctions on Iranian crude, curbing global...

Barchart

Crude Oil Posts Modest Gains on Signs of Stronger Global Energy Demand

January WTI crude oil (CLF25 ) Monday closed up +0.10 (+0.15%), and January RBOB gasoline (RBF25 ) closed up +0.0184 (+0.97%). Crude oil and gasoline prices Monday posted modest gains on signs of stronger global energy demand after US and Chinese manufacturing activity rose more than expected last month. Also,...

Barchart

Couldn't Find Your Gift on Black Friday? Check Out Black Gold!

How many hours did you spend surfing for a Black Friday special on Amazon? How did that work for you? One thing is for sure: whatever you found was priced higher than last year. Check out this Black Gold opportunity and see if it helps you be more merry as…

Barchart

Commodity Market Roundup- November’s Top Performers and Underperformers

Soft commodities, natural gas, and cryptocurrencies posted impressive gains in November, while metals and most energy commodities were lower. Markets reflect the economic and political landscapes, dramatically changing after the November 5 U.S. election.

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