The Latest Breaking News from OPEC

August WTI crude oil (CLQ24 ) on Monday closed down -0.83 (-1.00%), and Aug RBOB gasoline (RBQ24 ) closed down -2.12 (-0.83%). Crude oil and gasoline prices Monday posted moderate losses. A stronger dollar on Monday was bearish for crude prices. Also, concerns receded that Hurricane Beryl would impede oil...

Value stocks tend to perform well during economic recoveries and periods of market volatility, making them a good option for long-term investors seeking stability and growth. Additionally, these stocks often pay dividends, offering an additional income stream. Hence, fundamentally solid value stocks Enterprise Products (EPD), Energy Transfer (ET), and Organon…

August WTI crude oil (CLQ24 ) on Friday closed down -0.72 (-0.86%), and Aug RBOB gasoline (RBQ24 ) closed down -4.22 (-1.62%). Crude oil and gasoline prices Friday gave up early gains and closed moderately lower. Crude prices retreated Friday on US energy demand concerns after the June payroll report...

August WTI crude oil (CLQ24 ) today is up +0.56 (+0.67%), and Aug RBOB gasoline (RBQ24 ) is up +1.72 (+0.66%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 2-1/2 month high and gasoline posting a 2-month high. Today's decline in the dollar index...

Motorist groups say previous drops in crude oil prices not fully passed on

August WTI crude oil (CLQ24 ) on Wednesday closed up +1.07 (+1.29%), and Aug RBOB gasoline (RBQ24 ) closed up +2.79 (+1.08%). Crude oil and gasoline prices Wednesday moved higher after the dollar index (DXY00 ) fell to a 3-week low. Crude added to its gains Wednesday after the weekly...

August WTI crude oil (CLQ24 ) today is down -0.14 (-0.17%), and Aug RBOB gasoline (RBQ24 ) is down -2.83 (-1.10%). Crude oil and gasoline prices today gave up an early advance and turned lower on US economic concerns after weekly continuing unemployment claims rose to a 2-1/2 year high,...

August WTI crude oil (CLQ24 ) on Tuesday closed down -0.57 (-0.68%), and Aug RBOB gasoline (RBQ24 ) closed down -0.49 (-0.19%). Crude oil and gasoline prices closed moderately lower on Tuesday. Crude prices Tuesday retreated from a 2-1/2 month high and turned lower after Russian crude exports rebounded to...

August WTI crude oil (CLQ24 ) on Monday closed up +1.84 (+2.26%), and Aug RBOB gasoline (RBQ24 ) closed up +7.68 (+3.07%). Crude oil and gasoline prices Monday rallied, with crude climbing to a 2-month high. The outlook for declining US crude output is propping up oil prices after last...

Recent crude oil price surges, robust demand, and supply concerns due to rising geopolitical instability and extended OPEC+ production cuts are creating strong tailwinds for the energy sector. Hence, quality energy stocks, Baker Hughes (BKR), Energy Transfer (ET), and Cenovus Energy (CVE), with high Q2 earnings growth estimates, could be…

August WTI crude oil (CLQ24 ) today is up +1.14 (+1.40%), and Aug RBOB gasoline (RBQ24 ) is up +6.06 (+2.42%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 2-month high. Dollar weakness today is bullish for energy prices. Also, heightened tensions in the...