The Latest Breaking News from crude oil

An American-owned oil tanker long suspected of carrying sanctioned Iranian crude oil has begun offloading its cargo near Texas

While the number of electric vehicles on the road continues to rise, gasoline remains the fuel powering most vehicles. Gasoline is a seasonal energy commodity that tends to increase during spring and summer, the peak driving season, and fall during fall and winter. At the end of the 2023 summer,…

September WTI crude oil (CLU23 ) on Friday closed up +0.86 (+1.07%), and Sep RBOB gasoline (RBU23 ) closed up +0.15 (+0.05%). Crude oil and gasoline prices on Friday settled moderately higher. A weaker dollar Friday was supportive of energy prices. Also, concerns about tight global supplies are bullish for...

September WTI crude oil (CLU23 ) this morning is up +0.28 (+0.35%), and Sep RBOB gasoline (RBU23 ) is up +0.06 (+0.02%). Crude oil and gasoline prices this morning are slightly higher. A weaker dollar today is supportive for energy prices. Also, concerns about tight global supplies is bullish for...

September WTI crude oil (CLU23 ) on Thursday closed up +1.01 (+1.27%), and Sep RBOB gasoline (RBU23 ) closed down -4.54 (-1.58%). Crude oil and gasoline prices on Thursday settled mixed. Crude moved higher on carryover support from Wednesday's EIA report that showed U.S crude inventories fell to their lowest...

September WTI crude oil (CLU23 ) this morning is up +1.36 (+1.71%), and Sep RBOB gasoline (RBU23 ) is down -1.22 (-1.43%). Crude oil and gasoline prices this morning are mixed. A weaker dollar today is supportive of energy prices. Crude also has carryover support from Wednesday's EIA report that...

September WTI crude oil (CLU23 ) on Wednesday closed down -1.61 (-1.99%), and Sep RBOB gasoline (RBU23 ) closed up +1.95 (+0.68%). Crude oil and gasoline prices Wednesday settled mixed, with crude falling to a 1-1/2 week low. A stronger dollar Wednesday weighed on energy prices, as did the decline...

September WTI crude oil (CLU23 ) this morning is down -0.16 (-0.20%), and Sep RBOB gasoline (RBU23 ) is up +2.54 (+0.89%). Crude oil and gasoline prices this morning are mixed. A weaker dollar today is supportive of energy prices. However, crude is under pressure on concerns about China's economic...

September WTI crude oil (CLU23 ) on Tuesday closed down -1.52 (-1.84%), and Sep RBOB gasoline (RBU23 ) closed down -5.86 (-2.02%). Crude oil and gasoline prices Tuesday closed moderately lower. Crude prices were under pressure Tuesday on concerns about global oil demand after China reported weaker-than-expected industrial activity and...

Oil demand is on track to average 102.2 million barrels per day in 2023, the highest-ever annual level, and profits on processing a barrel of crude oil at a typical U.S. refinery has jumped by about 33% year to date. Here's one way for investors to cash in.

September WTI crude oil (CLU23 ) this morning is down -1.76 (-2.139%), and Sep RBOB gasoline (RBU23 ) is down -2.75 (-0.95%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure today on concerns about global oil demand after China reported weaker-than-expected industrial activity...