The Latest Breaking News from OPEC

February WTI crude oil (CLG26 ) on Wednesday closed down -0.53 (-0.91%), and February RBOB gasoline (RBG26 ) closed down -0.0180 (-1.04%). Crude oil and gasoline prices gave up an early advance and retreated on Wednesday on a mostly bearish weekly EIA inventory report. Also, Wednesday's rally in the dollar...

February WTI crude oil (CLG26 ) today is down -0.03 (-0.05%), and February RBOB gasoline (RBG26 ) is down -0.0196 (-1.13%). Crude oil and gasoline prices gave up an early advance and turned lower today on a mostly bearish weekly EIA inventory report. Also, today's rally in the dollar index...

February WTI crude oil (CLG26 ) today is down -1.02 (-1.75%), and February RBOB gasoline (RBG26 ) is down -0.0306 (-1.74%). Crude oil prices are sharply lower due to possible progress on a Ukraine-Russia peace deal. Ukrainian President Zelensky said he expects to meet with President Trump on Sunday in...

February WTI crude oil (CLG26 ) on Wednesday closed down -0.03 (-0.05%), and February RBOB gasoline (RBG26 ) closed up +0.0040 (+0.23%). Crude oil closed little changed on Wednesday, but rallied earlier in the week on concern about oil risks related to Venezuela and Ukraine-Russia. Crude prices have carry-over support...

February WTI crude oil (CLG26 ) today is up +0.06 (+0.10%), and February RBOB gasoline (RBG26 ) is up +0.0055 (+0.31%). Crude oil today extended this week's rally, which has been driven by concern about oil risks related to Venezuela and Ukraine-Russia. Crude prices have carry-over support from last Friday's...

Crude oil prices had gone nowhere fast and remained in a trading range around the $60 per barrel pivot point on the nearby NYMEX WTI contract. While the 2025 trend is bearish, the price only marginally eclipsed the critical technical support level at the April 2025 low in December.

January WTI crude oil (CLF26 ) today is up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) is down -0.0024 (-0.14%). Crude oil today is higher on continued concern about oil risks related to Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and the slightly stronger stock market....

January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%). Crude oil on Monday rallied on geopolitical risks in Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and the stronger stock market. Crude prices had carry-over support from...

January WTI crude oil (CLF26 ) today is up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) is up +0.0309 (+1.81%). Crude oil is higher today on continued geopolitical risks in Venezuela and Ukraine-Russia. Also, today's higher trading in the US stock market is supportive of the outlook for the...