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The Latest Breaking News from crude oil

Dollar Weakness and Tight US Oil Supplies Push Crude Prices Higher

August WTI crude oil (CLQ24 ) Thursday closed up +0.52 (+0.64%), and Aug RBOB gasoline (RBQ24 ) closed up +1.44 (+0.58%). Crude oil and gasoline prices posted moderate gains on Thursday. The slump in the dollar index (DXY00 ) on Thursday to a 1-month low is bullish for energy prices....

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Crude Prices Supported by Dollar Weakness and Tighter US Supplies

August WTI crude oil (CLQ24 ) today is up +0.47 (+0.57%), and Aug RBOB gasoline (RBQ24 ) is up +1.79 (+0.72%). Crude oil and gasoline prices today are moderately higher. Today's slump in the dollar index to a 1-month low is bullish for energy prices. Crude also has carryover support...

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Crude Settles Higher as Weekly EIA Inventories Fall

August WTI crude oil (CLQ24 ) Wednesday closed up +0.69 (+0.85%), and Aug RBOB gasoline (RBQ24 ) closed down -2.40 (-0.95%). Crude oil and gasoline prices settled mixed on Wednesday. Crude prices Wednesday rebounded from a 1-1/2 week low and moved higher after weekly EIA crude inventories unexpectedly declined. Also,...

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Crude Rallies as Weekly EIA Stockpiles Draw Down

August WTI crude oil (CLQ24 ) today is up +1.00 (+1.23%), and Aug RBOB gasoline (RBQ24 ) is up +0.21 (+0.08%). Crude oil and gasoline prices today recovered from early losses and are moderately higher. Crude prices rebounded from a 1-1/2 week low today and moved higher after weekly EIA...

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Crude Closes Lower on Little Hurricane Damage to Texas Oil Infrastructure

August WTI crude oil (CLQ24 ) Tuesday closed down -0.92 (-1.12%), and Aug RBOB gasoline (RBQ24 ) closed down -1.05 (-0.41%). Crude oil and gasoline prices Tuesday fell to a 1-week low and closed moderately lower. Crude oil prices fell after the landfall of Hurricane Beryl in Texas on Monday...

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Crude Falls on Little Hurricane Damage to Texas Oil Infrastructure

August WTI crude oil (CLQ24 ) today is down -0.33 (-0.40%), and Aug RBOB gasoline (RBQ24 ) is up +0.40 (+0.16%). Crude oil and gasoline prices today are mixed, with crude falling to a 1-week low. A stronger dollar today is weighing on crude prices. Also, the landfall of Hurricane...

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Crude Settles Lower as Hurricane Beryl Misses Gulf Oil Operations

August WTI crude oil (CLQ24 ) on Monday closed down -0.83 (-1.00%), and Aug RBOB gasoline (RBQ24 ) closed down -2.12 (-0.83%). Crude oil and gasoline prices Monday posted moderate losses. A stronger dollar on Monday was bearish for crude prices. Also, concerns receded that Hurricane Beryl would impede oil...

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Crude Erases Early Gains and Settles Lower on Energy Demand Concerns

August WTI crude oil (CLQ24 ) on Friday closed down -0.72 (-0.86%), and Aug RBOB gasoline (RBQ24 ) closed down -4.22 (-1.62%). Crude oil and gasoline prices Friday gave up early gains and closed moderately lower. Crude prices retreated Friday on US energy demand concerns after the June payroll report...

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Crude Gains on Dollar Weakness and Tight Supplies

August WTI crude oil (CLQ24 ) today is up +0.56 (+0.67%), and Aug RBOB gasoline (RBQ24 ) is up +1.72 (+0.66%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 2-1/2 month high and gasoline posting a 2-month high. Today's decline in the dollar index...

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Global oil price circles two-month high stoking petrol cost fears

Motorist groups say previous drops in crude oil prices not fully passed on

Evening Standard

Crude Rallies as the Dollar Weakens and EIA Inventories Plunge

August WTI crude oil (CLQ24 ) on Wednesday closed up +1.07 (+1.29%), and Aug RBOB gasoline (RBQ24 ) closed up +2.79 (+1.08%). Crude oil and gasoline prices Wednesday moved higher after the dollar index (DXY00 ) fell to a 3-week low. Crude added to its gains Wednesday after the weekly...

Barchart

Crude Erases Early Gains on US Economic Concerns

August WTI crude oil (CLQ24 ) today is down -0.14 (-0.17%), and Aug RBOB gasoline (RBQ24 ) is down -2.83 (-1.10%). Crude oil and gasoline prices today gave up an early advance and turned lower on US economic concerns after weekly continuing unemployment claims rose to a 2-1/2 year high,...

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Crude Prices Close Lower as Russian Crude Exports Rebound

August WTI crude oil (CLQ24 ) on Tuesday closed down -0.57 (-0.68%), and Aug RBOB gasoline (RBQ24 ) closed down -0.49 (-0.19%). Crude oil and gasoline prices closed moderately lower on Tuesday. Crude prices Tuesday retreated from a 2-1/2 month high and turned lower after Russian crude exports rebounded to...

Barchart

Crude Prices Underpinned by Tight Supplies and Middle East Tensions

August WTI crude oil (CLQ24 ) on Monday closed up +1.84 (+2.26%), and Aug RBOB gasoline (RBQ24 ) closed up +7.68 (+3.07%). Crude oil and gasoline prices Monday rallied, with crude climbing to a 2-month high. The outlook for declining US crude output is propping up oil prices after last...

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3 Energy Stocks With High Q2 Earnings Growth Estimates

Recent crude oil price surges, robust demand, and supply concerns due to rising geopolitical instability and extended OPEC+ production cuts are creating strong tailwinds for the energy sector. Hence, quality energy stocks, Baker Hughes (BKR), Energy Transfer (ET), and Cenovus Energy (CVE), with high Q2 earnings growth estimates, could be…

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Crude Rallies on Dollar Weakness and Middle East Tensions

August WTI crude oil (CLQ24 ) today is up +1.14 (+1.40%), and Aug RBOB gasoline (RBQ24 ) is up +6.06 (+2.42%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 2-month high. Dollar weakness today is bullish for energy prices. Also, heightened tensions in the...

Barchart

Crude Prices Slip on Tepid Global Energy Demand

August WTI crude oil (CLQ24 ) on Friday closed down -0.20 (-0.24%), and Aug RBOB gasoline (RBQ24 ) closed down -2.53 (-1.00%). Crude oil and gasoline prices Friday settled moderately lower. Crude prices Friday fell back from a 1-3/4 month high and turned lower on concerns about global energy demand....

Barchart

Crude Gives Up Early Gains on Global Energy Demand Concerns

August WTI crude oil (CLQ24 ) today is down -0.29 (-0.35%), and Aug RBOB gasoline (RBQ24 ) is down -1.78 (-0.70%). Crude oil and gasoline prices today are moderately lower. Crude prices today fell back from a 1-3/4 month high and turned lower on concerns about global energy demand. Crude...

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Barchart

Crude Prices Finish Higher on the Outlook for Global Oil Supplies to Remain Tight

August WTI crude oil (CLQ24 ) on Thursday closed up +0.84 (+1.04%), and Aug RBOB gasoline (RBQ24 ) closed up +0.23 (+0.09%). Crude oil and gasoline prices Thursday finished moderately higher, with crude posting an 8-week high and gasoline posting a 5-week high. Thursday's weaker dollar was supportive of energy...

Barchart

Crude Pushes Higher on Dollar Weakness

August WTI crude oil (CLQ24 ) today is up +0.92 (+1.14%), and Aug RBOB gasoline (RBQ24 ) is up +1.75 (+0.69%). Crude oil and gasoline prices today are moving higher, with crude posting an 8-week high and gasoline posting a 5-week high. Today's weaker dollar is supportive of energy prices....

Barchart

Crude Ends Slightly Higher as the Crack Spread Strengthens

August WTI crude oil (CLQ24 ) on Wednesday closed up +0.07 (+0.09%), and Aug RBOB gasoline (RBQ24 ) closed up +2.67 (+1.07%). Crude oil and gasoline prices on Wednesday recovered from early losses and closed higher, with gasoline climbing to a 5-week high. Strength in the crude crack spread sparked...

Barchart

Crude Under Pressure as Weekly EIA Inventories Unexpectedly Build

August WTI crude oil (CLQ24 ) today is down -0.50 (-0.62%), and Aug RBOB gasoline (RBQ24 ) is down -0.55 (-0.22%). Crude oil and gasoline today are moderately lower, with crude falling to a 1-week low. Today's rally in the dollar index to an 8-week high is bearish for energy...

Barchart

Crude Prices Slide as the Dollar Strengthens

August WTI crude oil (CLQ24 ) on Tuesday closed down -0.80 (-0.98%), and Aug RBOB gasoline (RBQ24 ) closed up +0.28 (+0.11%). Crude oil and gasoline on Tuesday settled mixed. Tuesday's stronger dollar weighed on crude prices. Losses in crude were limited and gasoline rose on carryover support from last...

Barchart

Crude Slightly Lower as the Dollar Strengthens

August WTI crude oil (CLQ24 ) today is down -0.07 (-0.09%), and Aug RBOB gasoline (RBQ24 ) is up +1.59 (+0.64%). Crude oil and gasoline today are mixed. Today's stronger dollar is weighing on crude prices. Losses in crude are limited and gasoline rose on carryover support from last Thursday's...

Barchart

Crude Closes Higher on Dollar Weakness and Reduced US Crude Output

August WTI crude oil (CLQ24 ) on Monday closed up +0.90 (+1.11%), and Aug RBOB gasoline (RBQ24 ) closed down -0.16 (-0.06%). Crude oil and gasoline Monday settled mixed. Monday's weaker dollar was bullish for energy prices. Crude also has carryover support from last Friday when Baker Hughes reported that...

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