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The Latest Breaking News from crude oil

Crude Prices Finish Sharply Lower on US Economic Concerns

Sep WTI crude oil (CLU24 ) on Friday closed down -2.79 (-3.66%), and Sep RBOB gasoline (RBU24 ) closed down -8.04 (-3.35%). Crude oil and gasoline prices Friday plummeted to 2-month lows and closed sharply lower on concerns about US energy demand. Friday's US economic reports on Jul nonfarm payrolls...

Barchart

3 High-Momentum Energy Stocks to Load up on This Month

The energy sector is poised for robust growth driven by recovering crude oil prices, concerning circumstance in the middle-east, and technological innovation. Hence, it could be wise to invest in high-momentum energy stocks Energy Transfer (ET), Secure Energy Services (SECYF), and Precision Drilling (PDS) this month. Read more.

StockNews.com

Crude Prices Plummet on Fears of Slowing US Energy Demand

Sep WTI crude oil (CLU24 ) today is down -2.78 (-3.64%), and Sep RBOB gasoline (RBU24 ) is down -8.19 (-3.42%). Crude oil and gasoline prices today plummeted to 2-month lows on concerns about US energy demand. Today's US economic reports on Jul nonfarm payrolls and Jun factory orders were...

Barchart

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Crude Prices Close Lower on Energy Demand Concerns

Sep WTI crude oil (CLU24 ) on Thursday closed down -1.60 (-2.05%), and Sep RBOB gasoline (RBU24 ) closed down -4.45 (-1.82%). Crude oil and gasoline prices on Thursday fell back from 1-1/2 week highs and posted moderate losses on global energy demand concerns after the US Jul manufacturing index...

Barchart

Crude Prices Pull Back on Global Energy Demand Concerns

Sep WTI crude oil (CLU24 ) today is down -0.69 (-0.89%), and Sep RBOB gasoline (RBU24 ) is down -2.41 (-0.99%). Crude oil and gasoline prices today fell back from 1-1/2 week highs and turned lower on global energy demand concerns after the US Jul manufacturing index contracted by the...

Barchart

Crude Ends Sharply Higher on Escalation of Geopolitical Risks in the Middle East

Sep WTI crude oil (CLU24 ) on Wednesday closed up +3.18 (+4.26%), and Sep RBOB gasoline (RBU24 ) closed up +9.82 (+4.19%). Crude oil prices Wednesday rallied sharply. Wednesday's fall in the dollar index (DXY00 ) to a 1-1/2 week low was bullish for energy prices. Crude is also climbing...

Barchart

Crude Rallies on Geopolitical Risks and Falling US Inventories

Sep WTI crude oil (CLU24 ) today is up +2.32 (+3.10%), and Sep RBOB gasoline (RBU24 ) is up +7.45 (+3.18%). Crude oil prices today are sharply higher. Today's decline in the dollar index (DXY00 ) to a 1-1/2 week low is bullish for energy prices. Crude is also climbing...

Barchart

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Crude Prices Retreat on the Prospects of Weaker Chinese Energy Demand

Sep WTI crude oil (CLU24 ) on Tuesday closed down -1.08 (-1.42%), and Sep RBOB gasoline (RBU24 ) closed down -2.50 (-1.05%). Crude oil prices Tuesday extended Monday's slide, with crude posting a new 7-week low. Tuesday's rally in the dollar index (DXY00 ) to a 2-1/2 week high was...

Barchart

Crude Prices Pressured by Dollar Strength and Energy Demand Concerns in China

Sep WTI crude oil (CLU24 ) today is down -0.91 (-1.20%), and Sep RBOB gasoline (RBU24 ) is down -2.51 (-1.06%). Crude oil prices today extended Monday's slide, with crude posting a new 7-week low. Today's rally in the dollar index (DXY00 ) to a 2-1/2 week high is bearish...

Barchart

Crude Prices Finish Lower on Dollar Strength and China Energy Demand Concerns

Sep WTI crude oil (CLU24 ) Monday closed down -1.35 (-1.75%), and Sep RBOB gasoline (RBU24 ) closed down -4.47 (-1.85%). Crude oil prices Monday posted moderate losses, with crude tumbling to a 7-week low. Monday's rally in the dollar index (DXY00 ) to a 2-week high undercut energy prices....

Barchart

Crude Prices Tumble on Dollar Strength and Energy Demand Concerns in China

Sep WTI crude oil (CLU24 ) today is down -1.31 (-1.70%), and Sep RBOB gasoline (RBU24) is down -3.93 (-1.63%). Crude oil prices today are moderately lower, with crude tumbling to a 7-week low. Today's rally in the dollar index (DXY00 ) to a 2-week high is undercutting energy prices....

Barchart

Eight arrests as fake crude oil thrown and 'grim reaper' appears at Extinction Rebellion occupation

A protester dressed as the grim reaper on top of a structure ‘some distance in the air’ will be arrested when they can be removed, police have said

Evening Standard

Crude Oil Prices Fall on Demand Concerns

Sep WTI crude oil (CLU24 ) today is down -1.29 (-1.65%), and Sep RBOB gasoline (RBU24 ) is down -0.0200 (-0.82%). Crude oil prices today are trading lower on this week's theme of weaker global economic growth and US political uncertainty. The markets are also worried on a longer-term basis...

Barchart

Crude Oil Prices See Support from Positive US GDP Report

Sep WTI crude oil (CLU24 ) today is up +0.06 (+0.06%), and Sep RBOB gasoline (RBU24 ) is down -0.0093 (-0.38%). Crude oil prices are seeing support from today mildly stronger-than-expected US Q2 GDP report of +2.8% versus expectations of +2.0%. Oil prices are also seeing carry-over support from Wednesday's...

Barchart

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Crude Oil Prices Rally on Bullish EIA Inventory Report and Russia's Promise of Additional Production Cuts

Sep WTI crude oil (CLU24 ) today is up +0.80 (+1.04%), and Sep RBOB gasoline (RBU24 ) is up +0.0384 (+1.62%). Crude oil and gasoline prices today are higher on a bullish weekly EIA report. The energy markets have been to shake off today's sharp sell-off in US stocks and...

Barchart

Bearish Short-Term Outlook for Oil Prices Despite Potential Supply Disruptions

Supply-demand dynamics, inventory fluctuations, and geopolitical tensions characterize the crude oil market landscape. Analysts at Morgan Stanley project the market to reach equilibrium by the fourth quarter of this year, potentially transitioning to a surplus by 2025. As traders await crucial US oil inventory data, the market is also reacting…

Barchart

Sugar Prices Fall on Doubts About Global Economic Growth

October NY world sugar #11 (SBV24 ) is down -0.17 (-0.93%), and Oct London ICE white sugar #5 (SWV24 ) is down -7.80 (-1.46%). Bearish factors for sugar today include sharply lower crude oil prices (CLU24 ) and concern about the global economic outlook. Lower crude oil prices undercut ethanol...

Barchart

Crude Oil Continues Lower on Economic Uncertainty

Sep WTI crude oil (CLU24 ) today is down -1.52 (-1.94%), and Sep RBOB gasoline (RBU24 ) is down -0.0410 (-1.69%). Crude oil prices on Tuesday continued lower on weaker-than-expected US economic reports and US political uncertainty, which increased after President Biden on Sunday dropped out of the presidential race...

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Barchart

Crude Oil Continues Lower on Economic Uncertainty

August WTI crude oil (CLQ24 ) today is down -0.24 (-0.30%), and Aug RBOB gasoline (RBQ24 ) is down -0.0096 (-0.39%). Crude oil and gasoline prices today extended last Friday's sharp losses on concern about the global economy and US political uncertainty. China's -10 bp rate cut today reinforced worries...

Barchart

Crude Ends Sharply Lower on a Strong Dollar and Weak Stocks

August WTI crude oil (CLQ24 ) on Friday closed down -2.69 (-3.25%), and Aug RBOB gasoline (RBQ24 ) closed down -6.60 (-2.62%). Crude oil and gasoline prices on Friday closed sharply lower, with crude sliding to a 1-month low. A stronger dollar on Friday undercut energy prices. Losses in crude...

Barchart

Crude Pressured by Dollar Strength and Energy Demand Concerns

August WTI crude oil (CLQ24 ) today is down -0.64 (-0.77%), and Aug RBOB gasoline (RBQ24 ) is down -1.85 (-0.74%). Crude oil and gasoline prices today are moderately lower. A stronger dollar today has undercut energy prices. Weakness in stocks today also undercut confidence in the economic outlook, which...

Barchart

Crude Posts Modest Losses on a Stronger Dollar and Weak Stocks

August WTI crude oil (CLQ24 ) on Thursday closed down -0.03 (-0.04%), and Aug RBOB gasoline (RBQ24 ) closed up +1.51 (+0.60%). Crude oil and gasoline prices Thursday gave up an early advance and settled mixed. A stronger dollar Thursday weighed on energy prices. Crude prices also turned lower Thursday...

Barchart

Crude Erases Early Gains as the Dollar Strengthens and Stocks Slip

August WTI crude oil (CLQ24 ) today is down -0.17 (-0.21%), and Aug RBOB gasoline (RBQ24 ) is down -0.43 (-0.17%). Crude oil and gasoline prices today gave up an early advance and turned lower. A stronger dollar today is negative for energy prices. Crude prices turned lower after stocks...

Barchart

Crude Rallies on Dollar Weakness and Tighter US Oil Supplies

August WTI crude oil (CLQ24 ) on Wednesday closed up +2.09 (+2.59%), and Aug RBOB gasoline (RBQ24 ) closed up +2.38 (+0.96%). Crude oil and gasoline prices Wednesday settled moderately higher. Wednesday's slump in the dollar index (DXY00 ) to a 3-3/4 month low is bullish for energy prices. Gains...

Barchart

Crude Jumps on a Weaker Dollar and a Plunge in EIA Inventories

August WTI crude oil (CLQ24 ) today is up +1.73 (+2.14%), and Aug RBOB gasoline (RBQ24 ) is up +1.37 (+0.55%). Crude oil and gasoline prices today are moderately higher. Today's slump in the dollar index (DXY00 ) to a 3-3/4 month low is bullish for energy prices. Gains in...

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