The Latest Breaking News from crude oil

Sugar and crude oil, the soft and energy commodities, correlate for two reasons. As members of the commodities asset class, sugar and oil prices often move in the same direction during secular raw material bullish or bearish market trends. However, sugar’s role in Brazilian ethanol production makes the sweet commodity…

May WTI crude oil (CLK23 ) on Tuesday closed up +0.03 (+0.04%), and May RBOB gasoline (RBJ23 ) closed down -2.31 (-0.83%). Crude oil and gasoline prices Tuesday settled mixed, with gasoline falling to a 2-week low. A weaker dollar Tuesday was bullish for energy prices. Also, signs of strength...

May WTI crude oil (CLK23 ) on Friday closed up +0.36 (+0.44%), and May RBOB gasoline (RBJ23 ) closed up +0.42 (+0.15%). Crude oil and gasoline prices Friday posted modest gains. Crude moved higher Friday on the projection from the International Energy Agency for the global oil market to fall...

May WTI crude oil (CLK23 ) this morning is up +0.66 (+0.80%), and May RBOB gasoline (RBJ23 ) is down -0.55 (-0.19%). May Nymex natural gas (NGK23 ) is up +0.052 (+2.59%). Crude oil and gasoline prices this morning are mixed. Crude has support on today's projection from the International...

Asian giants are buying 1.5 million barrels a day from Russia – each

May WTI crude oil (CLK23 ) on Thursday closed down -1.10 (-1.32%), and May RBOB gasoline (RBJ23 ) closed down -4.10 (-1.43%). Crude oil and gasoline prices Thursday posted moderate losses. Crude prices were under pressure after Thursday's larger-than-expected increase in weekly initial jobless claims intensified concerns that the U.S....

Check out my interview today on AgWeb's Markets Now, where I discussed corn, soybeans, wheat, crude oil, the weakening U.S. dollar, and skyrocketing cattle prices.

May NY world sugar #11 (SBK23 ) on Thursday closed down -0.01 (-0.04%), and May London white sugar #5 (SWK23 ) closed down -3.70 (-0.53%). Sugar prices Thursday gave up an early advance and closed slightly lower after a decline of more than -1% in crude oil prices (CLM23 )...

May WTI crude oil (CLK23 ) this morning is down -0.22 (-0.26%), and May RBOB gasoline (RBJ23 ) is down -2.17 (-0.76%). May Nymex natural gas (NGK23 ) is down -0.057 (-2.72%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure after today's larger-than-expected...