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The Latest Breaking News from OPEC

Energy Demand Concerns Weigh on Crude Oil Prices

March WTI crude oil (CLH26 ) on Friday closed down -0.04 (-0.06%), and March RBOB gasoline (RBH26 ) closed down -0.0093 (-0.46%). Crude oil and gasoline prices settled lower on Friday amid concerns about energy demand after the US Q4 GDP grew at a slower-than-expected pace. However, losses in crude...

Barchart

Crude Oil Prices Pull Back on Energy Demand Concerns

March WTI crude oil (CLH26 ) today is down -0.47 (-0.71%), and March RBOB gasoline (RBH26 ) is down -0.0070 (-0.35%). Crude oil and gasoline prices are moving lower today amid concerns about energy demand after US Q4 GDP grew at a slower-than-expected pace. However, losses in crude are limited...

Barchart

Crude Oil Prices Supported by Heightened Geopolitical Risks and Falling US Supplies

March WTI crude oil (CLH26 ) on Thursday closed up +1.24 (+1.90%), and March RBOB gasoline (RBH26 ) closed up +0.0386 (+1.96%). Crude oil and gasoline prices added to Wednesday’s sharp rally on Thursday, with crude climbing to a 6.5-month high and gasoline posting a 1-week high. Mounting geopolitical risks...

Barchart

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Crude Oil Prices Jump on Heightened Geopolitical Risks and Falling US Supplies

March WTI crude oil (CLH26 ) today is up +1.58 (+2.42%), and March RBOB gasoline (RBH26 ) is up +0.0311 (+1.58%). Crude oil and gasoline prices added to Wednesday’s sharp rally today, with crude climbing to a 6.5-month high and gasoline posting a 1-week high. Mounting geopolitical risks in the...

Barchart

'Rebellious younger sibling': How Saudi-UAE split is reshaping the Middle East

Saudi Arabia and the UAE, once close allies, are now locked in open rivalry, impacting the Yemen war, cross-border trade, and regional flashpoints. This strategic split challenges core assumptions about Gulf stability and investor confidence. The dispute, fueled by economic competition and differing regional visions, is escalating with potential for…

The Times of India

Crude Oil Prices Supported by Mounting Geopolitical Risks

March WTI crude oil (CLH26 ) on Wednesday closed up +2.86 (+4.59%), and March RBOB gasoline (RBH26 ) closed up +0.0536 (+2.80%). Crude oil and gasoline prices rallied sharply on Wednesday amid mounting geopolitical risks. The likelihood of the Russian-Ukrainian war continuing is bullish for oil prices as it will...

Barchart

Geopolitical Risks and US Economic Strength Boost Crude Oil Prices

March WTI crude oil (CLH26 ) today is up +2.06 (+3.30%), and March RBOB gasoline (RBH26 ) is up +0.0438 (+2.29%). Crude oil and gasoline prices are sharply higher today on geopolitical risks. The likelihood of the Russian-Ukrainian war continuing will keep restrictions on Russian crude and limit global oil...

Barchart

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Crude Prices Weaken on Progress in US-Iran Nuclear Talks

March WTI crude oil (CLH26 ) on Tuesday closed down -0.56 (-0.89%), and March RBOB gasoline (RBH26 ) closed up +0.0034 (+0.18%). Crude oil and gasoline prices settled mixed on Tuesday, with crude falling to a 2-week low. Tuesday's rally in the dollar index ($DXY ) to a 1-week high...

Barchart

Crude Prices Slide on Possible Iran Nuclear Deal with US

March WTI crude oil (CLH26 ) today is down -0.62 (-0.99%), and March RBOB gasoline (RBH26 ) is down -0.0027 (-0.14%). Crude oil and gasoline prices gave up an early advance today and turned lower, with crude falling to a 2-week low. Today's rally in the dollar index ($DXY )...

Barchart

Crude Prices Recover on Dollar Weakness

March WTI crude oil (CLH26 ) on Friday closed up +0.05 (+0.08%), and March RBOB gasoline (RBH26 ) closed down -0.0049 (-0.26%). Crude oil and gasoline prices settled mixed on Friday, with crude rebounding from a 1.5-week low. Crude prices recovered from early losses on Friday and posted modest gains,...

Barchart

Crude Prices Slip as Geopolitical Risks Ease

March WTI crude oil (CLH26 ) today is down -0.18 (-0.29%), and March RBOB gasoline (RBH26 ) is down -0.0125 (-0.64%). Crude oil and gasoline prices are under pressure today, falling to 1.5-week lows. The easing of US-Iran tensions has lowered geopolitical risks and is weighing on crude prices. Also,...

Barchart

Risk-Off Sentiment in Asset Markets Weighs on Crude Oil Prices

March WTI crude oil (CLH26 ) on Thursday closed down -1.79 (-2.77%), and March RBOB gasoline (RBH26 ) closed down -0.0630 (-3.18%). Crude oil and gasoline prices sold off sharply on Thursday, with gasoline falling to a 1-week low. The slight easing of US-Iran tensions sparked long liquidation in energy...

Barchart

Crude Oil Prices Slip as US-Iran Tensions Ease

March WTI crude oil (CLH26 ) today is down -1.19 (-1.83%), and March RBOB gasoline (RBH26 ) is down -0.0533 (-2.69%). Crude oil and gasoline prices are sharply lower today as the chances of a US attack on Iran eased. Also, mounting crude supplies in floating storage are undercutting oil...

Barchart

Geopolitical Risks Support Crude Oil Prices

March WTI crude oil (CLH26 ) on Wednesday closed up +0.67 (+1.05%), and March RBOB gasoline (RBH26 ) closed up +0.0197 (+1.01%). Crude oil and gasoline prices settled higher on Wednesday, with crude posting a 1.5-week high and gasoline posting a 2.75-month high. Escalating US-Iran tensions are underpinning crude prices...

Barchart

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Crude Prices Climb on Iran Tensions

March WTI crude oil (CLH26 ) today is up +1.28 (+2.00%), and March RBOB gasoline (RBH26 ) is up +0.0331 (+1.691%). Crude oil and gasoline prices are moving higher today, with crude posting a 1.5-week high and gasoline posting a 2.75-month high. Escalating US-Iran tensions are underpinning crude prices today...

Barchart

Crude Prices Edge Lower on Energy Demand Concerns

March WTI crude oil (CLH26 ) on Tuesday closed down -0.40 (-0.62%), and March RBOB gasoline (RBH26 ) closed down -0.0263 (-1.32%). Crude oil and gasoline prices settled lower on Tuesday after US retail sales in December unexpectedly stagnated, a sign of weakness in consumer spending that is bearish for...

Barchart

Energy Demand Concerns Weigh on Crude Prices

March WTI crude oil (CLH26 ) today is down -0.33 (-0.51%), and March RBOB gasoline (RBH26 ) is down -0.0195 (-0.98%). Crude oil and gasoline prices are under pressure today on energy demand concerns after US retail sales in December unexpectedly stagnated, a sign of weakness in consumer spending that...

Barchart

Crude Oil Prices Jump as US Advises Ships to Avoid Iran

March WTI crude oil (CLH26 ) on Monday closed up +0.81 (+1.27%), and March RBOB gasoline (RBH26 ) closed up +0.0323 (+1.65%). Crude oil and gasoline prices settled sharply higher on Monday, with gasoline posting a 2.5-month high. Monday's slump in the dollar index ($DXY ) to a 1-month low...

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Crude Prices Climb as US Tells Ships to Avoid Iranian Waters

March WTI crude oil (CLH26 ) today is up +0.79 (+1.24%), and March RBOB gasoline (RBH26 ) is up +0.0360 (+1.84%). Crude oil and gasoline prices are climbing today, with gasoline posting a 2.5-month high. Today's slump in the dollar index ($DXY )to a 1-month low is pushing energy prices...

Barchart

Crude Oil Prices Underpinned by Dollar Weakness and Geopolitical Risks

March WTI crude oil (CLH26 ) on Friday closed up +0.26 (+0.41%), and March RBOB gasoline (RBH26 ) closed up +0.0266 (+1.38%). Crude oil and gasoline prices recovered from early losses on Friday and moved higher after the dollar (DXY00 ) weakened. Also, doubts that the US-Iranian talks in Oman...

Barchart

Crude Oil Prices Rise on Dollar Weakness and Geopolitical Risks

March WTI crude oil (CLH26 ) today is up +0.79 (+1.25%), and March RBOB gasoline (RBH26 ) is up +0.0291 (+1.51%). Crude oil and gasoline prices recovered from early losses today and moved higher after the dollar weakened. Also, concerns that the US-Iranian talks in Oman will not lead to...

The Conversation

If Australia and Indonesia agreed to end new thermal coal mines, it could drive the green transition.

In the 1960s, major oil-producing nations formed a cartel to drive up the price of oil. It worked. For decades, nations in the Organization of the Petroleum Exporting Countries (OPEC) have agreed to manage supply and raise prices.

Barchart

Dollar Strength and Easing Iran Tensions Undercut Crude Prices

March WTI crude oil (CLH26 ) on Thursday closed down -1.85 (-2.84%), and March RBOB gasoline (RBH26 ) closed down -0.0386 (-1.96%). Crude oil and gasoline prices fell sharply on Thursday after the dollar index (DXY00 ) rallied to a 1.5-week high. Also, US-Iran tensions eased, weighing on crude prices,...

Barchart

Crude Prices Tumble as the Dollar Strengthens and Iran Tensions Ease

March WTI crude oil (CLH26 ) today is down -2.22 (-3.41%), and March RBOB gasoline (RBH26 ) is down -0.0469 (-2.39%). Crude oil and gasoline prices are sharply lower today after the dollar index (DXY00 ) rallied to a1.5-week high. Also, US-Iran tensions eased, weighing on crude prices, after Iran...

Barchart

Crude Oil Surges on Concerns Over US-Iran Negotiations

March WTI crude oil (CLH26 ) on Wednesday closed up +1.93 (+3.05%), and March RBOB gasoline (RBH26 ) closed up +0.0673 (+3.55%). Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline climbing to a 2.5-month high. Crude prices shook off early losses on Wednesday and surged on news...

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