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The Latest Breaking News from crude oil

Crude Prices Surge on Security Risks in Iraq

July WTI crude oil (CLN25 ) Wednesday closed up +3.17 (+4.88%), and July RBOB gasoline (RBN25 ) closed up +0.0788 (+3.77%). Crude oil and gasoline prices rallied sharply on Wednesday, with crude posting a 2-1/4 month high and gasoline posting a 3-week high. Wednesday's weaker dollar was supportive of energy...

Barchart

Sugar Prices Recover on Strength in Crude Oil and the Brazilian Real

July NY world sugar #11 (SBN25 ) today is up +0.02 (+0.12%), and August London ICE white sugar #5 (SWQ25 ) is up +6.20 (+1.33%). Sugar prices today recovered from early losses and moved higher as strength in crude oil and the Brazilian real prompted short covering in sugar futures....

Barchart

Crude Prices Slip as Dollar Strength Sparks Long Liquidation

July WTI crude oil (CLN25 ) Tuesday closed down -0.31 (-0.47%), and July RBOB gasoline (RBN25 ) closed down -0.0072 (-0.34%). Crude oil and gasoline prices on Tuesday gave up an early advance and settled lower. Dollar strength (DXY00 ) on Tuesday sparked long liquidation pressures in crude oil, causing...

Barchart

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Crude Prices Advance on US-China Trade Deal Optimism

July WTI crude oil (CLN25) today is up +0.79 (+1.21%), and July RBOB gasoline (RBN25) is up +0.0153 (+0.73%). Crude oil and gasoline prices are moving higher today, with crude climbing to a 2-1/4 month high and gasoline posting a 2-week high. Crude oil prices have support today on signs...

Barchart

Crude Prices Climb on Hopes of Easing of US-China Trade Tensions

July WTI crude oil (CLN25 ) Monday closed up +0.71 (+1.10%), and July RBOB gasoline (RBN25 ) closed up +0.0184 (+0.89%). Crude oil and gasoline prices settled higher Monday, with crude reaching a 2-1/4 month high and gasoline reaching a 1-week high. Monday's weaker dollar was bullish for energy prices....

Barchart

Strength in Crude Oil and the Brazilian Real Lifts Sugar Prices

July NY world sugar #11 (SBN25 ) Monday closed up +0.18 (+1.09%), and August London ICE white sugar #5 (SWQ25 ) closed up +7.20 (+1.55%). Sugar prices rose on Monday as strength in crude oil and the Brazilian real prompted some short covering in sugar futures. WTI crude oil (CLN25)...

Barchart

Sugar Prices Rally on Strength in Crude Oil and the Brazilian Real

July NY world sugar #11 (SBN25 ) today is up +0.18 (+1.09%), and August London ICE white sugar #5 (SWQ25 ) is up +6.10 (+1.31%). Sugar prices today are moving higher as strength in crude oil and the Brazilian real has prompted some short covering in sugar futures from last...

Barchart

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Crude Prices Edge Higher on Optimism About US-China Trade Talks

July WTI crude oil (CLN25 ) today is up +0.50 (+0.77%), and July RBOB gasoline (RBN25 ) is up +0.0177 (+0.85%). Crude oil and gasoline prices are moving higher today, with crude reaching a 2-1/4 month high and gasoline reaching a 1-week high. Today's weaker dollar is bullish for energy...

Barchart

Crude Prices Rise on Energy Demand Optimism

July WTI crude oil (CLN25 ) Friday closed up +1.21 (+1.91%), and July RBOB gasoline (RBN25 ) closed up +0.0139 (+0.67%). Crude oil and gasoline prices on Friday settled higher, with crude climbing to a 1-1/2 month high. Solid global economic news supports energy demand and crude prices, following Friday's...

Barchart

Solid Global Economic News Lifts Crude Prices

July WTI crude oil (CLN25 ) today is up +0.99 (+1.56%), and July RBOB gasoline (RBN25 ) is up +0.0052 (+0.25%). Crude oil and gasoline prices are moving higher today, with crude climbing to a 1-1/2 month high. Solid global economic news supports energy demand and crude prices, following today's...

Barchart

Are Gasoline Prices Headed Higher This Summer?

Gasoline is a seasonal commodity that typically reaches its annual peak during late spring and summer and then declines during the winter months. As the gasoline market heads into the 2025 vacation season with drivers ready to put more clicks on their odometers, gasoline prices have been trending higher.

Barchart

How a sleepy Texas city turned into the energy export gateway of the U.S.

The completion of a channel deepening and widening project is taking the booming Port of Corpus Christi to new heights—and depths.

Fortune

Crude Prices Settle Higher on Dollar Weakness and US-China Trade Optimism

July WTI crude oil (CLN25 ) Thursday closed up +0.52 (+0.83%), and July RBOB gasoline (RBN25 ) closed up +0.0289 (+1.42%). Crude oil and gasoline prices settled higher on Thursday, with crude posting a 2-week high. Thursday's slump in the dollar index (DXY00 ) to a 6-week low is supporting...

Barchart

Crude Prices Gain on Dollar Weakness and Hopes of Easing US-China Trade Tensions

July WTI crude oil (CLN25 ) today is up +0.67 (+1.07%), and July RBOB gasoline (RBN25 ) is up +0.0318 (+1.56%). Crude oil and gasoline prices today are moving higher, with crude posting a 2-week high. Today's slump in the dollar index (DXY00 ) to a 6-week low is supporting...

Barchart

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Barchart

Crude Prices Retreat on Reports Saudi Arabia Open to Boosting Oil Production

July WTI crude oil (CLN25 ) Wednesday closed down -0.56 (-0.88%), and July RBOB gasoline (RBN25 ) closed down -0.0448 (-2.16%). Crude oil prices fell from a 2-week high Wednesday and turned lower after weaker-than-expected US economic reports raised concern about energy demand. Losses in crude accelerated today after Bloomberg...

Barchart

Crude Prices Tumble on Reports Saudi Arabia Seeks Additional Production Hikes

July WTI crude oil (CLN25 ) today is down -0.86 (-1.36%), and July RBOB gasoline (RBN25 ) is down -0.0465 (-2.24%). Crude oil prices today fell from a 2-week high and turned lower after weaker-than-expected US economic reports raised concern about energy demand. Losses in crude accelerated today after Bloomberg...

Barchart

Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires

July WTI crude oil (CLN25 ) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25 ) closed up +0.0263 (+1.28%). Crude oil and gasoline prices on Tuesday added to Monday's gains, with crude posting a 1-1/2 week high. Signs of strength in the US labor market support economic growth...

Barchart

Strength in Crude Oil Sparks Short Covering in Sugar Futures

July NY world sugar #11 (SBN25 ) Tuesday closed up +0.02 (+0.12%), and August London ICE white sugar #5 (SWQ25 ) closed up +2.80 (+0.59%). Sugar prices on Tuesday recovered from early losses and posted modest gains. Short covering emerged in sugar futures Tuesday to lift prices higher after WTI...

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Barchart

Crude Prices Gain on US Economic Strength and Ongoing Canadian Wildfires

July WTI crude oil (CLN25 ) today is up +1.19 (+1.90%), and July RBOB gasoline (RBN25 ) is up +0.0260 (+1.27%). Crude oil and gasoline prices today added to Monday's gains, with crude posting a 1-1/2 week high. Signs of strength in the US labor market support economic growth prospects...

The Independent UK

Canada’s wildfires may impact gas prices: here’s how

Patrick De Haan, head of petroleum analysis at GasBuddy, told The Independent that if Canada’s oil production shutdown continues, “it could be a bit more problematic to [U.S.] refineries and it could be more impactful.”

Barchart

Crude Prices Finish Higher as the Dollar Slumps and Oversupply Concerns Ease

July WTI crude oil (CLN25 ) Monday closed up +1.73 (+2.85%), and July RBOB gasoline (RBN25 ) closed up +0.0374 (+1.86%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 1-1/2 week high. Monday's fall in the dollar index (DXY00 ) to a 1-1/4 month...

Barchart

Crude Rallies on Dollar Weakness and Easing Global Oversupply Concerns

July WTI crude oil (CLN25 ) today is up +1.73 (+2.86%), and July RBOB gasoline (RBN25 ) is up +0.0459 (+2.28%). Crude oil and gasoline prices today are sharply higher, with crude posting a 1-1/2 week high. Today's fall in the dollar index (DXY00 ) to a 1-1/4 month low...

The Independent UK

Utah oil tycoon family accused of conspiring with Mexican cartel on Trump’s foreign terrorist list

Oil magnate James Jensen and his son Maxwell allegedly trafficked 2,900 shipments of stolen crude oil into the U.S.

Barchart

US-China Trade Tensions and Fears of a Big OPEC+ Production Hike Weigh on Crude

July WTI crude oil (CLN25 ) Friday closed down -0.15 (-0.25%), and July RBOB gasoline (RBN25 ) closed down -0.0221 (-1.08%). Crude oil and gasoline prices today fell to 3-week lows. Dollar strength Friday weighed on crude prices along with the escalation of trade tensions between the US and China,...

Barchart

Crude Prices Slip on Concern About a Large OPEC+ Crude Production Increase

July WTI crude oil (CLN25 ) today is down -0.55 (-0.90%), and July RBOB gasoline (RBN25 ) is down -0.0262 (-1.29%). Crude oil and gasoline prices today fell to 3-week lows. Dollar strength today is weighing on crude prices along with rising trade tensions between the US and China, the...

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