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The Latest Breaking News from crude oil

Crude Rallies on Dollar Weakness and as OPEC+ Delays Output Hikes

December WTI crude oil (CLZ24 ) today is up +1.57 (+2.26%), and December RBOB gasoline (RBZ24 ) is up +0.0483 (+2.46%). Crude oil and gasoline prices today are moderately higher and climbed to 1-week highs. Today's slide in the dollar index (DXY00 ) to a 2-week low supports energy prices....

Barchart

Grain Market Watch: Can Wheat, Corn, and Soybean Prices Maintain Momentum?

The interview discusses the recent surge in grain prices, driven by increased demand from Mexico and China, as well as the uncertainty surrounding the US election and potential trade disruptions. Additionally, the rising demand for vegetable oils, particularly soybean oil, due to the growing renewable diesel market is highlighted. The…

Barchart

Crude Rallies on Report Iran to Attack Israel Through Iraqi Proxies

December WTI crude oil (CLZ24 ) today is up +0.95 (+1.37%), and December RBOB gasoline (RBZ24 ) is up +0.0169 (+0.86%). Crude oil and gasoline prices are climbing today on concern that hostilities in the Middle East may escalate and disrupt crude supplies. There was a report from Axios today...

Barchart

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Mexican fuel flows to Cuba as the island faces blackouts and the loss of Russian and Venezuelan oil

Mexico has sent nearly half a million barrels of crude oil and diesel in just a span of days, oil shipment data shows

The Independent UK

Crude Settles Higher on Tighter US Supplies and Global Energy Demand Optimism

December WTI crude oil (CLZ24 ) Thursday closed up +0.65 (+0.95%), and December RBOB gasoline (RBZ24 ) closed up +0.0148 (+0.76%). Crude oil and gasoline prices Thursday settled moderately higher. Crude is supported by positive carryover from Wednesday after weekly EIA crude and gasoline inventories unexpectedly declined. Crude is also...

Barchart

Crude Climbs on Tighter US Supplies and Global Energy Demand Optimism

December WTI crude oil (CLZ24 ) today is up +1.07 (+1.56%), and December RBOB gasoline (RBZ24 ) is up +0.0245 (+1.25%). Crude oil and gasoline prices today are moderately higher. Crude is supported by positive carryover from Wednesday after weekly EIA crude and gasoline inventories unexpectedly declined. Crude is also...

Barchart

Crude Rallies on Middle East Tensions and Tighter EIA Inventories

December WTI crude oil (CLZ24 ) Wednesday closed up +1.40 (+2.08%), and December RBOB gasoline (RBZ24 ) closed up +0.0411 (+2.14%). Dec crude oil prices Wednesday rallied on a weaker dollar. Also, lingering Middle East tensions are bullish for crude after Israel vowed to strike Iran "very hard" should it...

Barchart

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Crude Oil Jumps on Middle East Tensions and an Unexpected Draw in EIA Inventories

December WTI crude oil (CLZ24 ) today is up +1.72 (+2.56%), and December RBOB gasoline (RBZ24 ) is up +0.0468 (+2.44%). Dec crude oil prices today are moderately higher. Dollar weakness today is supportive of energy prices. Also, lingering Middle East tensions are supporting crude after Israel vowed to strike...

Barchart

The Sadness of King Crude

Rounding out the latest look at the 3 Kings of Commodities, WTI Crude Oil takes center stage.

Barchart

3 Oil Stocks With High Upside as Global Demand Rebounds

The outlook for oil demand growth appears promising despite economic uncertainties and worldwide supply deficit. Amid this, investing in quality oil stocks Enterprise Products Partners (EPD), Marathon Oil (MRO), and Plains All American Pipeline (PAA) could be ideal as global demand rebounds. Read more.

StockNews.com

Oil Prices Extend Monday's Plunge

December WTI crude oil (CLZ24 ) today is down -0.73%, and December RBOB gasoline (RBZ24 ) is down -0.96%. Dec crude oil prices today extended Monday's plunge of -6.13%, which was driven by the fact that Israel's weekend retaliatory strike was relatively limited and raised hopes that the direct attacks...

Barchart

Oil Prices Plunge after Israel Limits Its Retaliatory Strike on Iran

December WTI crude oil (CLZ24 ) on Monday closed down -4.40 (-6.13%), and December RBOB gasoline (RBZ24 ) closed down -0.0113 (-5.46%). Crude oil prices plunged on Monday after Israel over the weekend launched a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Barchart

Oil Prices Plunge after Israel's Limited Retaliatory Strike on Iran

December WTI crude oil (CLZ24 ) today is down -4.01 (-5.59%), and December RBOB gasoline (RBZ24 ) is down -0.1015 (-4.98%). Crude oil prices are sharply lower after Israel over the weekend launched only a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Barchart

Heightened Middle East Tensions Boost Crude Prices

December WTI crude oil (CLZ24 ) Friday closed up +1.59 (+2.27%), and December RBOB gasoline (RBZ24 ) closed up +0.0447 (+2.25%). Crude and gasoline prices settled moderately higher on Friday, with gasoline posting a 1-week high. Ramped-up Middle East tensions are boosting crude prices. Also, stronger-than-expected global economic news Friday...

Barchart

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Barchart

Crude Oil Pushes Higher on Energy Demand Optimism

December WTI crude oil (CLZ24 ) today is up +0.71 (+1.01%), and December RBOB gasoline (RBZ24 ) is up +0.0243 (+1.22%). Crude and gasoline prices today are moderately higher. Crude is finding support today from a weaker dollar. Also, today's stronger-than-expected global economic news is positive for energy demand and...

Barchart

Crude Prices Slide as Supply Concerns and Middle East Risks Ease

December WTI crude oil (CLZ24 ) Thursday closed down -0.58 (-0.82%), and December RBOB gasoline (RBZ24 ) closed down -0.0118 (-0.59%). Crude and gasoline prices Thursday gave up an early advance and settled moderately lower. Crude is under pressure on negative carryover from Wednesday when weekly EIA crude inventories rose...

Barchart

Crude Weakens on Ample Supplies and Hopes for Cease-Fire in the Middle East

December WTI crude oil (CLZ24 ) today is down -0.61 (-0.86%), and December RBOB gasoline (RBZ24 ) is down -0.0175 (-0.87%). Crude and gasoline prices today gave up an early advance and turned lower. Crude is under pressure on negative carryover from Wednesday when weekly EIA crude inventories rose more...

Barchart

Crude Prices Tumble on Dollar Strength and Large Build in EIA Inventories

December WTI crude oil (CLZ24 ) today is down -1.13 (-1.58%), and December RBOB gasoline (RBZ24 ) is down -3.83 (-1.88%). Crude and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-3/4 month high is undercutting energy prices. Also, renewed efforts to...

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Barchart

Crude Prices Settle Higher on Middle East Conflict

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.53 (+2.17%), and Nov RBOB gasoline (RBX24 ) closed up +5.68 (+2.82%). Crude and gasoline prices posted 1-week highs on Tuesday and settled moderately higher for a second day. Heightened Middle East tensions underpin crude prices due to concern that the...

Barchart

Crude Prices Firm as Middle East Conflict Persists

Nov WTI crude oil (CLX24 ) today is up +1.64 (+2.32%), and Nov RBOB gasoline (RBX24 ) is up +4.97 (+2.47%). Crude and gasoline prices today are moving higher for a second day and posted 1-week highs. Heightened Middle East tensions underpin crude prices due to concern that the escalation...

Barchart

Crude Posts Moderate Gains on Chinese Stimulus

Nov WTI crude oil (CLX24 ) Monday closed up +1.34 (+1.94%), and Nov RBOB gasoline (RBX24 ) closed up +1.27 (+0.63%). Crude and gasoline prices Monday posted moderate gains. Monday's action by Chinese banks to cut interest rates may spur economic growth and is bullish for crude prices. Also, heightened...

International Business Times

It's Too Soon To Abandon Fossil Fuels, Says Pulitzer-Nominated Author, Ronald Stein

Mr. Stein, co-author of the Pulitzer Prize-nominated book Clean Energy Exploitations and Senior Policy Advisor at the Heartland Institute, believes that the world's rush to reduce carbon emissions is overlooking an irreplaceable reality: the petrochemical foundations of modern society.

Barchart

Crude Climbs as China Boosts Stimulus Measures

Nov WTI crude oil (CLX24 ) today is up +0.88 (+1.27%), and Nov RBOB gasoline (RBX24 ) is up +0.10 (+0.05%). Crude and gasoline prices today are moderately higher. Today's action by Chinese banks to cut interest rates may spur economic growth and is bullish for crude prices. Also, heightened...

Barchart

Crude Prices Slide as Chinese Energy Demand Weakens

Nov WTI crude oil (CLX24 ) Friday closed down -1.45 (-2.05%), and Nov RBOB gasoline (RBX24 ) closed down -4.48 (-2.19%). Crude and gasoline prices dropped to 2-week lows on Friday and settled moderately lower. Weak crude demand from China weighed on oil prices Friday. Also, crude is under pressure...

Barchart

Crude Prices Tumble on Weak Chinese Energy Demand

Nov WTI crude oil (CLX24 ) today is down -1.81 (-2.56%), and Nov RBOB gasoline (RBX24 ) is down -5.58 (-2.73%). Crude and gasoline prices today dropped to 2-week lows and are moderately lower. Weak crude demand from China is weighing on oil prices today. Also, crude is under pressure...

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