The Latest Breaking News from crude oil

August WTI crude oil (CLQ23 ) on Friday closed up +2.06 (+2.87%), and Aug RBOB gasoline (RBQ23 ) closed up +4.55 (+1.79%). Crude oil and gasoline prices Friday settled moderately higher, with crude climbing to a 1-month high. A fall in the dollar index (DXY00 ) Friday to a 2-week...

The energy sector includes the traditional commodities that power the world. Oil, natural gas, and coal are hydrocarbons, while ethanol is an alternative fuel. The energy sector edged marginally lower in Q2 2023 but remained the worst-performing commodity market sector over the first half of 2023.

August WTI crude oil (CLQ23 ) this morning is up +1.01 (+1.41%), and Aug RBOB gasoline (RBQ23 ) is up +3.26 (+1.28%). Crude oil and gasoline prices this morning are moderately higher, with crude climbing to a 1-month high. A decline in the dollar index (DXY00 ) to a 1-1/2...

August WTI crude oil (CLQ23 ) on Thursday closed +0.01 (+0.01%), and Aug RBOB gasoline (RBQ23 ) closed +2.55 (+1.01%). Crude oil and gasoline prices Thursday closed higher, with crude posting a 2-week high. Thursday's action by Saudi Arabia to boost crude prices for August delivery boosted energy prices. Also,...

August WTI crude oil (CLQ23 ) this morning is down -0.76 (-1.06%), and Aug RBOB gasoline (RBQ23 ) is down -0.77 (-0.31%). Crude oil and gasoline prices this morning gave up early gains and are moderately lower, with crude falling from a 2-week high. A rally in the dollar index...

Leading oil company Exxon Mobil (XOM) reported better-than-expected earnings in the first quarter of 2023, primarily due to higher oil and gas production. However, oil prices are dropping lately as demand concerns overshadow recent supply cuts. As crude oil prices could pull back XOM, let’s find out how investors should…

August WTI crude oil (CLQ23 ) on Wednesday closed up +2.00 (+2.87%), and Aug RBOB gasoline (RBQ23 ) closed up +5.59 (+2.27%). Crude oil and gasoline prices Wednesday rallied to 1-week highs and closed sharply higher. The outlook for tighter global crude supplies is pushing prices higher after Saudi Arabia...

August WTI crude oil (CLQ23 ) this morning is up +2.01 (+2.88%), and Aug RBOB gasoline (RBQ23 ) is up +6.34 (+2.57%). Crude oil and gasoline prices this morning are sharply higher, with crude posting a 1-1/2 week high. The outlook for tighter global crude supplies is pushing prices higher...

August WTI crude oil (CLQ23 ) on Monday closed -0.85 (-1.20%), and Aug RBOB gasoline (RBQ23 ) closed down -8.25 (-3.24%). Crude oil and gasoline prices Monday gave up an early rally and closed moderately lower. A stronger dollar Monday weighed on energy prices. Also, energy demand concerns undercut oil...

August WTI crude oil (CLQ23) this morning is up +0.55 (+0.78%), and Aug RBOB gasoline (RBQ23) is down -1.39 (-0.55%). This morning, crude oil and gasoline prices are mixed, with crude posting a 1-week high. The main bullish factor for crude prices is today's action by Saudi Arabia to announce...

August WTI crude oil (CLQ23 ) is up +0.64 (+0.92%), and Aug RBOB gasoline (RBQ23 ) is up +0.0116 (+0.46%). Crude oil prices are seeing support from today's rally in stocks, which supports the outlook for the economy and energy demand. Crude oil is getting a boost today from the...