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The Latest Breaking News from crude oil

Crude Prices End Slightly Lower on Dollar Strength

May WTI crude oil (CLK24 ) on Tuesday closed down -0.05 (-0.06%), and May RBOB gasoline (RBK24 ) closed up +3.84 (+1.38%). Crude and gasoline prices on Tuesday settled mixed. Tuesday's rally in the dollar index (DXY00 ) to a 5-1/2 month high weighed on energy prices. However, losses in...

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Where are Energy Prices Heading in Q2?

The composite of traditional energy prices rose 5.12% in Q1 after falling 21.85% in 2023. Crude oil and gasoline posted double-digit percentage gains, while natural gas fell nearly 30%. In early Q2, prices were mostly higher.

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Crude Prices Firm on Israel-Iran Tensions

May WTI crude oil (CLK24 ) this morning is up +0.12 (+0.14%), and May RBOB gasoline (RBK24 ) is up +1.82 (+0.65%). Crude and gasoline prices this morning are moderately higher. Crude prices have support on Middle Eastern geopolitical risks as the markets await any response from Israel to Iran's...

Barchart

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Crude Closes Slightly Lower on Hopes of Descalation in the Iran-Israel Conflict

May WTI crude oil (CLK24 ) on Monday closed down -0.25 (-0.29%), and May RBOB gasoline (RBK24 ) closed down -1.90 (-0.68%). Crude and gasoline prices on Monday posted moderate losses, with crude prices falling to a 1-1/2 week low. Crude oil prices are lower on hopes that the Iran-Israeli...

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Crude Prices Retreat on Hopes of Descalation in the Iran-Israel Conflict

May WTI crude oil (CLK24 ) this morning is down -0.90 (-1.05%), and May RBOB gasoline (RBK24 ) is down -3.64 (-1.30%). Crude and gasoline prices this morning are on the defensive, with crude prices falling to a 1-1/2 week low. Crude oil prices are lower on hopes that the...

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Crude Prices Underpinned on Rising Geopolitical Risks in the Middle East

May WTI crude oil (CLK24 ) on Friday closed up +0.64 (+0.75%), and May RBOB gasoline (RBK24 ) closed up +2.88 (+1.04%). Crude and gasoline prices Friday posted moderate gains, with crude climbing to a 5-1/2 month high and gasoline climbing to a 7-1/2 month high. Crude prices moved higher...

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Crude Prices Jump on Heightened Geopolitical Risks in the Middle East

May WTI crude oil (CLK24 ) this morning is up +2.15 (+2.53%), and May RBOB gasoline (RBK24 ) is up +6.47 (+2.33%). Crude and gasoline prices this morning are sharply higher, with crude posting a 5-1/2 month high and gasoline posting a 7-1/2 month high. Concern that an escalation of...

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3 Energy Stocks Poised for Profits in April

The energy sector is expected to grow significantly due to geopolitical tensions, supply constraints, and rising global demand for natural gas and crude oil. Therefore, fundamentally strong energy stocks Enterprise Products Partners (EPD), Koninklijke Vopak (VOPKY), and VAALCO Energy (EGY) could be worth adding to your portfolio. Read on.

StockNews.com

Residents of Louisiana's 'cancer alley' suffering from industrial pollution

Louisiana is home to 25 percent of the US petrochemical industry and is the country's fourth-largest crude oil producer. As a result, it is one of the states with the highest levels of industrial pollution, with disastrous consequences for the health of its citizens. In St James County, part of…

France 24

Crude Prices Close Lower on Abundant US Crude Supplies

May WTI crude oil (CLK24 ) on Thursday closed down -1.19 (-1.38%), and May RBOB gasoline (RBK24 ) closed down -0.75 (-0.27%). Crude and gasoline prices on Thursday closed moderately lower. Thursday's rally in the dollar index to a 4-3/4 month high pressured energy prices. Crude also had some negative...

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Crude Prices Retreat on Dollar Strength and Ample US Crude Stockpiles

May WTI crude oil (CLK24 ) this morning is down -0.96 (-1.11%), and May RBOB gasoline (RBK24 ) is down -1.69 (-0.61%). Crude and gasoline prices this morning are moderately lower. Today's rally in the dollar index to a 4-3/4 month high pressured energy prices. Crude also has some negative...

Barchart

Crude Recovers Early Losses on Warning of Possible Attack by Iran on Israeli Assets

May WTI crude oil (CLK24 ) on Wednesday closed up +0.98 (+1.15%), and May RBOB gasoline (RBK24 ) closed up +2.60 (+0.94%). Crude and gasoline prices Wednesday recovered from early losses and posted moderate gains after US intelligence said it believes a major missile or drone strike is imminent by...

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Crude Slightly Lower After Large Build in EIA Crude Inventories

May WTI crude oil (CLK24 ) this morning is down -0.28 (-0.33%), and May RBOB gasoline (RBK24 ) is down -0.77 (-0.28%). Crude and gasoline prices this morning are mildly lower, with crude falling to a 1-week low. Crude prices today gave up an early advance and turned lower after...

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Crude Prices Fall Back With Stock Prices

May WTI crude oil (CLK24 ) on Tuesday closed down -1.20 (-1.39%), and May RBOB gasoline (RBK24 ) closed up +0.70 (+0.25%). Crude and gasoline prices on Tuesday settled mixed. Weakness in equity markets Tuesday undercut confidence in the economic outlook, which was bearish for energy demand and crude prices....

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Crude Prices Slip Alongside Equity Prices

May WTI crude oil (CLK24 ) this morning is down -0.81 (-0.94%), and May RBOB gasoline (RBK24 ) is down -0.28 (-0.10%). Crude and gasoline prices this morning are moderately lower. The weakness in equity markets today is undercutting confidence in the economic outlook, which is negative for energy demand...

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US Oil Output Limited By Low Natural Gas Prices

Rise in crude oil prices to /barrel limits US oil output due to weak natural gas prices, creating challenges for producers.

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1 High-Yield Energy Stock Hitting New Highs This April

Kinder Morgan's robust dividend payout is just one reason to consider this standout midstream stock as crude oil prices climb.

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Escalating Middle East Tensions Underpin Crude Prices

May WTI crude oil (CLK24 ) on Friday closed up +0.32 (+0.37%), and May RBOB gasoline (RBK24 ) closed down -0.56 (-0.20%). Crude and gasoline prices on Friday settled mixed, with crude posting a 5-1/4 month high as escalating tensions in the Middle East could lead to oil supply disruptions....

Barchart

Grain Update: Will the Corn, Wheat, and Soybean Markets Continue to Rally?

I joined Michelle Rook this morning on AgWeb's Markets Now to discuss the corn, wheat, and soybean markets. We also discussed today's jobs report, the rise in gold and oil prices, as well as interest rates and the livestock markets.

Barchart

Crude Prices Underpinned by Escalating Middle East Tensions

May WTI crude oil (CLK24 ) this morning is up +0.67 (+0.77%), and May RBOB gasoline (RBK24 ) is up +1.45 (+0.52%). Crude and gasoline prices this morning extended this week's rally, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. Gains in crude today are...

Barchart

Crude Rallies on Dollar Weakness and Geopolitical Risks in Middle East

May WTI crude oil (CLK24 ) on Thursday closed up +1.16 (+1.36%), and May RBOB gasoline (RBK24 ) closed up +3.33 (+1.21%). Crude and gasoline prices Thursday recovered from early losses and moved higher, with crude climbing to a 5-1/4 month high and gasoline climbing to a 7-month high. Thursday's...

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