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The Latest Breaking News from OPEC

US-China Trade War Concerns Weigh on Crude Prices

March WTI crude oil (CLH25 ) Tuesday closed down -0.46 (-0.63%), and March RBOB gasoline (RBH25 ) closed down -0.0187 (-0.88%). Crude oil and gasoline prices Tuesday settled moderately lower, with crude sliding to a 5-week low. Crude prices are under pressure as tariff concerns eased after the US said...

Barchart

Crude Prices Slip as Tariff Concerns Ease

March WTI crude oil (CLH25 ) today is down -0.48 (-0.66%), and March RBOB gasoline (RBH25 ) is down -0.0285 (-1.35%). Crude oil and gasoline prices today are moderately lower, with crude sliding to a 5-week low. Crude prices are under pressure as tariff concerns eased after the US said...

Barchart

Crude Prices Rise on US Tariffs

March WTI crude oil (CLH25 ) Monday closed up +0.63 (+0.87%), and March RBOB gasoline (RBH25 ) closed up +0.0589 (+2.86%). Crude oil and gasoline prices Monday moved higher, with crude posting a 1-week high and gasoline posting a 2-week high. Crude rallied after President Trump announced tariffs on imports...

Barchart

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Crude Erases Early Gains as Trump Delays Tariffs on Mexico

March WTI crude oil (CLH25 ) today is down -0.07 (-0.10%), and March RBOB gasoline (RBH25 ) is up +0.0424 (+2.06%). Crude oil and gasoline prices today are mixed, with gasoline posting a 2-week high. Crude today initially moved higher after President Trump on Saturday placed tariffs on imports from...

Barchart

Crude Oil Settles Lower on Dollar Strength

March WTI crude oil (CLH25 ) Friday closed down -0.20 (-0.27%), and March RBOB gasoline (RBH25 ) closed down -0.0067 (-0.32%). Crude and gasoline prices settled moderately lower on Friday, with crude posting a 4-week low. Friday's rally in the dollar index (DXY00 ) to a 1-week high undercut energy...

Barchart

Crude Slightly Lower, Awaiting US Tariff News

March WTI crude oil (CLH25 ) today is down -0.02 (-0.03%), and March RBOB gasoline (RBH25 ) is down -0.0067 (-0.32%). Crude and gasoline prices today are slightly lower, with crude posting a 4-week low. Today's rally in the dollar index to a 1-week high is undercutting energy prices. Crude...

Barchart

Crude Prices Supported by Dollar Weakness and Tariff Concerns

March WTI crude oil (CLH25 ) Thursday closed up +0.11 (+0.15%), and March RBOB gasoline (RBH25 ) closed up +0.0058 (+0.28%). Crude and gasoline prices recovered from early losses on Thursday and posted modest gains. Thursday's weaker dollar was supportive of energy prices. Crude also has support on concern that...

Barchart

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Crude Prices Higher on Tariff Concerns

March WTI crude oil (CLH25) today is up +0.58 (+0.80%), and March RBOB gasoline (RBH25) is up +0.0162 (+0.79%). Crude and gasoline prices today recovered from early losses and are moderately higher. Today's weaker dollar is supportive of energy prices. Crude also has support on concern that a possible +25%...

Barchart

Crude Prices Sink on Bigger US Inventories and Easing of Tariff Concerns

March WTI crude oil (CLH25 ) Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline (RBH25 ) closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with crude falling to a 2-1/2 week low. Crude was under pressure Wednesday from a stronger dollar, and after the weekly...

Barchart

Crude Prices Fall as Weekly EIA Inventories Jump

March WTI crude oil (CLH25 ) today is down -0.63 (-0.85%), and March RBOB gasoline (RBH25 ) is down -0.0060 (-0.29%). Crude and gasoline prices today are moderately lower. Crude is under pressure today from a stronger dollar, and after the weekly EIA crude and gasoline inventories rose more than...

Barchart

Crude Posts Moderate Gains on Global Supply Concerns

March WTI crude oil (CLH25 ) Tuesday closed up +0.60 (+0.82%), and March RBOB gasoline (RBH25 ) closed up +0.0223 (+1.09%). Crude and gasoline prices Tuesday posted moderate gains as they recovered from Monday's 2-week lows. The outlook for global crude supplies to remain tight is supporting prices. However, gains...

Barchart

Crude Slightly Higher on the Outlook for Global Oil Supplies to Remain Tight

March WTI crude oil (CLH25 ) today is up +0.05 (+0.07%), and March RBOB gasoline (RBH25 ) is up +0.0088 (+0.43%). Crude and gasoline prices today are slightly higher as they consolidate above Monday's 2-week lows. The outlook for global crude supplies to remain tight is supporting prices. However, gains...

Barchart

Crude Closes Lower on Concerns About Weak Chinese Economic Activity

March WTI crude oil (CLH25 ) Monday closed down -1.49 (-2.00%), and March RBOB gasoline (RBH25 ) closed down -0.0217 (-1.05%). Crude and gasoline prices tumbled to 2-week lows Monday and settled moderately lower. Crude prices were under pressure Monday due to the concern that weakness in China's economy will...

Barchart

Crude Falls to a 2-Week Low on Chinese Energy Demand Concerns

March WTI crude oil (CLH25 ) today is down -1.38 (-1.85%), and March RBOB gasoline (RBH25 ) is down -0.0185 (-0.89%). Crude and gasoline prices tumbled to 2-week lows today and are moderately lower. Crude prices are under pressure today due to the concern that weakness in China's economy will...

Barchart

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Fortune

Chevron sees 1 million barrels per day from one of the world's biggest oil fields in this OPEC+ state

Chevron expects Kazakhstan's Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of oil equivalent per day.

Barchart

Crude Recovers on Dollar Weakness and Softening of Tariff Rhetoric

March WTI crude oil (CLH25 ) Friday closed up +0.04 (+0.05%), and March RBOB gasoline (RBH25 ) closed down -0.0188 (-0.90%). Crude and gasoline prices fell to 2-week lows on Friday, but crude recovered to settle slightly higher. Friday's fall in the dollar index (DXY00 ) to a 5-week low...

Barchart

Crude Falls as Russian President Putin Said He's Open to Discussing Ukraine

March WTI crude oil (CLH25 ) today is down -0.33 (-0.44%), and March RBOB gasoline (RBH25 ) is down -0.0246 (-1.17%). Crude and gasoline prices today fell to 2-week lows and are moderately lower. Crude is under pressure today on comments from Russian President Putin, who said he's open to...

Top News

Kremlin Rejects Trump's Claim That Lower Oil Prices End Ukraine Conflict

Kremlin denies link between oil prices and Ukraine conflict, contrasting with Trump's views at Davos.

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Latin Times

Stock Markets Build On Trump Rally, Yen Climbs After BoJ Rate Hike

In a much-anticipated speech via video link at the Davos World Forum in Switzerland, Trump pushed for lower interest rates and said he would cut taxes for companies investing in the United States while imposing tariffs on those who do not.

AAP

Aussie shares rise as Trump calls for rate cuts

The ASX200 rose 0.4 per cent on Friday to finish up 1.2 per cent for the week as Donald Trump demanded cuts in oil prices and interest rates.

International Business Times

Asian Markets Build On Trump Rally, Yen Steady Ahead Of BoJ

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

The Guardian - AU

Ukraine war briefing: Russians say major oil refinery burning after Ukrainian drone strikes

Trump says Opec should cut oil prices to starve Russia of war funding; Ukraine evacuating children from towns in Kharkiv region. What we know on day 1,066See all our Ukraine war coverage

International Business Times UK

Trump's Davos Speech, Stargate AI Plan, and Robust Earnings Lift S&P 500 To All-Time High

Trump's sweeping policy changes, cooling US Core CPI inflation data for December, a resilient economy, and a strong earnings season played a key role in the S&P500's rapid climb.

Barchart

Crude Falls as Trump Prods Saudi Arabia and OPEC to Lower Oil Prices

March WTI crude oil (CLH25 ) Thursday closed down -0.82 (-1.09%), and March RBOB gasoline (RBH25 ) closed up +0.0084 (+0.40%). Crude and gasoline prices settled mixed on Thursday, with crude falling to a 1-1/2 week low. Crude gave up early gains Thursday and turned lower after President Trump said...

Fortune

Trump says 'the Russia-Ukraine war would end immediately' if Saudi Arabia and OPEC lowered the price of oil

President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.

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