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The Latest Breaking News from crude oil

Oil prices jump as speculation rises on possible Israeli retaliation against Iran

US crude oil jumped slightly after US President Joe Biden said he was "discussing" an Israeli strike on Iranian oil facilities. Chaos builds for shippers as US dockworkers enter their third day of strike action. In several cities across the US, the cost of childcare is overtaking the cost of…

France 24

Crude Sharply Higher on a Possible Israeli Attack on Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) Thursday closed up +3.61 (+5.15%), and Nov RBOB gasoline (RBX24 ) closed up +10.67 (+5.37%). Crude oil and gasoline prices Thursday surged to 1-month highs on concern Israel may target Iran's oil industry in retaliation for Iran’s missile attack on Israel. Crude prices also...

Barchart

Sugar Prices Rally on Strength in Crude Oil

March NY world sugar #11 (SBH25 ) Thursday closed up +0.56 (+2.47%), and December London ICE white sugar #5 (SWZ24 ) closed up +10.00 (+1.74%). Sugar rallied on Thursday due to a +4% jump in crude prices (CLX24 ) to a 1-month high. Strength in crude oil benefits ethanol prices...

Barchart

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Sugar Prices Gain as Crude Oil Surges

March NY world sugar #11 (SBH25 ) today is up +0.42 (+1.85%), and December London ICE white sugar #5 (SWZ24 ) is up +8.20 (+1.43%). Today's +4% jump in crude prices (CLX24 ) to a 1-month high supports moderate gains in sugar. Strength in crude oil benefits ethanol prices and...

Barchart

Crude Spikes to a 1-Month High on Possible Israeli Retaliation on Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) today is up +2.68 (+3.82%), and Nov RBOB gasoline (RBX24 ) is up +7.77 (+3.91%). Crude oil and gasoline prices surged today to 1-month highs on concern Israel may target Iran's oil industry in retaliation for its missile attack on Israel. Crude prices also...

Barchart

Crude Prices Supported by Middle East Hostilities

Nov WTI crude oil (CLX24 ) Wednesday closed up +0.27 (+0.39%), and Nov RBOB gasoline (RBX24 ) closed up +1.93 (+0.98%). Crude oil and gasoline prices rose to 1-week highs on Wednesday and closed higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart

Crude Gives Up Most Gains as Weekly EIA Inventories Unexpectedly Climb

Nov WTI crude oil (CLX24 ) today is up +0.21 (+0.30%), and Nov RBOB gasoline (RBX24 ) is up +0.14 (+0.07%). Crude oil and gasoline prices today climbed to 1-week highs and are modestly higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart

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Heightened Geopolitical Risks in the Middle East Boost Crude Prices

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.66 (+2.44%), and Nov RBOB gasoline (RBX24 ) closed up +3.15 (+1.63%). Crude oil and gasoline prices Tuesday rallied sharply on escalating Middle East tensions that have the potential to disrupt oil supplies. Israel began a ground assault into Lebanon, and...

Barchart

Sugar Prices Supported by Crude Oil Rally

March NY world sugar #11 (SBH25 ) Tuesday closed up +0.50 (+2.23%), and December London ICE white sugar #5 (SWZ24 ) closed up +5.30 (+0.92%). Sugar prices Tuesday rose due to a surge in crude oil prices. WTI crude (CLX24 ) climbed more than +2% Tuesday, which was positive for...

Barchart

Sugar Supported by a Surge in Crude Prices

March NY world sugar #11 (SBH25 ) today is up +0.36 (+1.60%), and December London ICE white sugar #5 (SWZ24 ) is up +2.30 (+0.40%). Sugar prices today are moderately higher due to a surge in crude oil prices. WTI crude (CLX24 ) is up more than +4% today, which...

Barchart

Crude Surges on Escalating Geopolitical Risks in the Middle East

Nov WTI crude oil (CLX24 ) today is up +2.97 (+4.36%), and Nov RBOB gasoline (RBX24 ) is up +5.60 (+2.89%). Crude oil and gasoline prices today are sharply higher. Escalating Middle East tensions that have the potential to disrupt oil supplies have sparked a rally in crude oil after...

Barchart

3 Oil & Gas Stocks That Remain Undervalued

With growing geopolitical instability, delayed OPEC+ production increases, and rapid technological advancements, the oil and gas market is poised for solid growth. Hence, currently undervalued energy stocks Energy Transfer (ET), Plains All American Pipeline (PAA), and Delek Logistics Partners (DKL) could be ideal investment choices. Read more.

StockNews.com

Crude Gives Early Gains as the Dollar Strengthens

Nov WTI crude oil (CLX24 ) Monday closed down -0.01 (-0.01%), and Nov RBOB gasoline (RBX24 ) closed up +0.81 (+0.42%). Crude oil and gasoline prices settled mixed on Monday. Crude found support from the recent escalation of the conflict between Israel and Hezbollah, which fueled concerns the conflict will...

Barchart

Crude Rallies on Middle East Tensions

Nov WTI crude oil (CLX24 ) today is up +0.75 (+1.10%), and Nov RBOB gasoline (RBX24 ) is up +2.55 (+1.32%). Crude oil and gasoline prices today are moderately higher. Crude is climbing as the recent escalation of the conflict between Israel and Hezbollah is fueling concerns the conflict will...

Barchart

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Barchart

Crude Posts Moderate Gains on Dollar Weakness

Nov WTI crude oil (CLX24 ) Friday closed up +0.51 (+0.75%), and Nov RBOB gasoline (RBX24 ) closed down -0.78 (-0.40%). Crude oil and gasoline prices settled mixed on Friday. Short covering emerged in crude oil Friday after the dollar index (DXY00) tumbled to a 14-month low. Crude also had...

Barchart

Crude Prices Slightly Higher on Dollar Weakness

Nov WTI crude oil (CLX24 ) today is up +0.12 (+0.18%), and Nov RBOB gasoline (RBX24 ) is up +0.10 (+0.05%). Crude oil and gasoline prices today are slightly higher. Short covering emerged in crude oil today after the dollar index (DXY00) tumbled to a 14-month low. Crude also has...

Barchart

Crude Prices Retreat on Report of Higher Saudi Arabian Oil Production

Nov WTI crude oil (CLX24 ) Thursday closed down -2.02 (-2.90%), and Nov RBOB gasoline (RBX24 ) closed down -3.93 (-2.00%). Crude oil and gasoline prices Thursday fell sharply, with crude posting a 2-week low and gasoline posting a 1-week low. Crude prices tumbled Thursday after the Financial Times reported...

Barchart

Crude Falls on the Potential Return of Full Saudi Arabia Output

Nov WTI crude oil (CLX24 ) today is down -1.79 (-2.57%), and Nov RBOB gasoline (RBX24 ) is down -2.65 (-1.34%). Crude oil and gasoline prices today are moderately lower, with crude falling to a 2-week low and gasoline falling to a 1-week low. Crude prices tumbled today after the...

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Barchart

Crude Prices Tumble on Hopes for Resumption of Libyan Oil Exports

Nov WTI crude oil (CLX24 ) Wednesday closed down -1.87 (-2.61%), and Nov RBOB gasoline (RBX24 ) closed down -3.13 (-1.56%). Crude oil and gasoline prices settled sharply lower on Wednesday. A stronger dollar Wednesday weighed on energy prices. Oil prices were also weighed down by concern that Chinese fuel...

Barchart

Crude Oil Prices Lower on Chinese Energy Demand Concerns

Nov WTI crude oil (CLX24) today is down -0.77 (-1.08%), and Nov RBOB gasoline (RBX24) is down -0.940 (-0.47%). Crude oil and gasoline prices today are moderately lower. A stronger dollar today is weighing on energy prices. Oil prices are also lower on concern that Chinese fuel demand will remain...

USAFacts

Is the US a bigger oil importer or exporter?

The US has been a net exporter of oil and petroleum products since late August 2021.

Barchart

Crude Oil Pushes Higher on Chinese Stimulus Measures

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.19 (+1.69%), and Nov RBOB gasoline (RBX24 ) closed up +3.79 (+1.93%). Crude oil and gasoline prices Tuesday posted moderate gains, with crude climbing to a 3-week high. Dollar weakness Tuesday was supportive of energy prices. Also, Tuesday's action by China...

Barchart

Crude Advances after China Boosts Stimulus Measures

Nov WTI crude oil (CLX24 ) today is up +0.90 (+1.28%), and Nov RBOB gasoline (RBX24 ) is up +3.04 (+1.55%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 3-week high. Dollar weakness today is supportive of energy prices. Also, today's action by China...

Barchart

Crude Posts Moderate Losses as Iran Is Said to Ease Tensions

Nov WTI crude oil (CLX24 ) Monday closed down -0.63 (-0.89%), and Nov RBOB gasoline (RBX24 ) closed down -3.97 (-1.98%). Crude oil and gasoline prices Monday gave up early gains and finished moderately lower. The strength of the dollar on Monday was negative for energy prices. Also, signs of...

Barchart

Crude Gives Up Early Gains on Global Fuel Demand Concerns

Nov WTI crude oil (CLX24 ) today is down -0.54 (-0.76%), and Nov RBOB gasoline (RBX24 ) is down -3.18 (-1.58%). Crude oil and gasoline prices today gave up early gains and are moderately lower. The strength of the dollar today is negative for energy prices. Also, signs of weakness...

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