The Latest Breaking News from OPEC

More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.

May WTI crude oil (CLK24 ) this morning is up +1.23 (+1.51%), and May RBOB gasoline (RBK24 ) is up +2.94 (+1.10%). Crude and gasoline prices this morning are moderately higher, with crude climbing to a 1-week high. Today's mostly stronger-than-expected US economic reports signal strength in the economy that...

The energy industry is set for strong growth due to geopolitical tensions, rising global oil demand, and supply adjustments. Therefore, investors could consider buying energy stocks Valero Energy (VLO), Graham (GHM), and Gulf Island Fabrication (GIFI), which are well-positioned to deliver market-beating returns. Keep reading….

May WTI crude oil (CLK24 ) this morning is down -0.19 (-0.23%), and May RBOB gasoline (RBK24 ) is down -3.53 (-1.29%). Crude and gasoline prices this morning are moderately lower, with gasoline falling to a 1-week low. A stronger dollar today is bearish for energy prices. Also, an increase...

May WTI crude oil (CLK24 ) on Monday closed up +1.32 (+1.64%), and May RBOB gasoline (RBK24 ) closed up +1.14 (+0.42%). On Monday, crude oil and gasoline prices posted moderate gains on a weaker dollar. Crude oil prices are also seeing support from expectations that global crude supplies will...

May WTI crude oil (CLK24 ) this morning is up +1.42 (+1.46%), and May RBOB gasoline (RBK24 ) is up +1.92 (+0.71%). Crude oil and gasoline prices today are trading higher on a weaker dollar. Crude oil prices are also seeing support from expectations that global crude supplies will remain...

May WTI crude oil (CLK24 ) on Friday closed down -0.44 (-0.54%), and May RBOB gasoline (RBK24 ) closed up +0.48 (+0.08%). Crude oil and gasoline prices on Friday settled mixed. Energy prices Friday were under pressure from a rally in the dollar index to a 5-week high. Energy prices...

May WTI crude oil (CLK24 ) this morning is down -0.23 (-0.28%), and May RBOB gasoline (RBK24 ) is up +0.22 (+0.08%). Crude oil and gasoline prices this morning are mixed. Energy prices are under pressure from the rally in the dollar index to a 5-week high. Losses in crude...

The energy industry is poised for robust growth due to increasing global demand for oil amid supply cuts and potential production disruptions. This trend creates opportunities for investment across the sector. Therefore, investors could consider buying fundamentally strong energy stocks such as Phillips 66 (PSX), Cheniere Energy (LNG), and Western…