The Latest Breaking News from OPEC

Crude Prices Slip as the Dollar Strengthens and Oil Supplies Remain Ample

October WTI crude oil (CLV25 ) on Thursday closed down -0.48 (-0.75%), and October RBOB gasoline (RBV25 ) closed down -0.0173 (-0.85%). Crude oil and gasoline prices settled lower on Thursday as the dollar rallied. Also, the outlook for a global oil supply glut is undercutting crude prices. Losses in...

Barchart · Sep 18, 2025

Dollar Strength and Global Oil Glut Fears Weigh on Crude Prices

October WTI crude oil (CLV25 ) today is down -0.48 (-0.75%), and October RBOB gasoline (RBV25 ) is down -0.0243 (-1.20%). Crude oil and gasoline prices are under pressure today from a stronger dollar (DXY00 ). Also, the outlook for a global oil supply glut is undercutting crude prices. Losses...

Barchart · Sep 18, 2025

Energy Demand Concerns Undercut Crude Prices

October WTI crude oil (CLV25 ) on Wednesday closed down -0.47 (-0.73%), and October RBOB gasoline (RBV25 ) closed down -0.0129 (-0.63%). Crude oil and gasoline prices were under pressure on Wednesday from energy demand concerns. Wednesday's weaker-than-expected US housing starts and building permits reports were bearish for the economy...

Barchart · Sep 17, 2025

Crude Prices Gain on Concern About Tighter Global Supplies

October WTI crude oil (CLV25 ) on Monday closed up +0.61 (+0.97%), and October RBOB gasoline (RBV25 ) closed up +0.0280 (+1.41%). Crude oil and gasoline prices settled higher on Monday, with gasoline posting a 1-week high. Monday's weaker dollar was supportive for energy prices. Also, concerns over a decline...

Barchart · Sep 15, 2025

Reduced Russian Crude Supplies Boost Oil Prices

October WTI crude oil (CLV25 ) today is up +0.53 (+0.85%), and October RBOB gasoline (RBV25 ) is up +0.0239 (+1.20%). Crude oil and gasoline prices are moving higher today, with gasoline posting a 1-week high. Today's weaker dollar is supportive for energy prices. Also, concerns over a decline in...

Barchart · Sep 15, 2025

Crude Prices Gain on Prospects of Smaller Russian Crude Exports

October WTI crude oil (CLV25 ) on Friday closed up +0.32 (+0.51%), and October RBOB gasoline (RBV25 ) closed up +0.0061 (+0.31%). Crude oil and gasoline prices settled higher on Friday on concerns that a decline in Russian oil exports will curb global oil supplies. The US on Friday proposed...

Barchart · Sep 12, 2025

Crude Rallies as the US Urges G7 Sanctions on Russian Oil

October WTI crude oil (CLV25 ) today is up +1.01 (+1.62%), and October RBOB gasoline (RBV25 ) is up +0.0211 (+1.07%). Crude oil and gasoline prices are moving higher today on concerns that a decrease in Russian oil exports will curb global oil supplies. The US today proposed that the...

Barchart · Sep 12, 2025

Crude Prices Retreat on Fears of a Global Supply Glut

October WTI crude oil (CLV25 ) on Thursday closed down -1.30 (-2.04%), and October RBOB gasoline (RBV25 ) closed down -0.0287 (-1.43%). Crude oil and gasoline prices fell sharply on Thursday due to concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate....

Barchart · Sep 11, 2025

Crude Prices Tumble as IEA Boosts Its Global Oil Surplus Estimate

October WTI crude oil (CLV25 ) today is down -1.10 (-1.73%), and October RBOB gasoline (RBV25 ) is down -0.0372 (-1.85%). Crude oil and gasoline prices are falling sharply today on concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate. Concerns that...

Barchart · Sep 11, 2025

Geopolitical Risks Support Crude Prices

October WTI crude oil (CLV25 ) on Wednesday closed up +1.04 (+1.66%), and October RBOB gasoline (RBV25 ) closed up +0.0155 (+0.78%). Crude oil and gasoline prices settled higher due to an escalation of geopolitical risks in Europe after Poland shot down drones that crossed into its territory during Russia's...

Barchart · Sep 10, 2025