The Latest Breaking News from OPEC

Dollar Strength and Tariff Threats Weigh on Crude Prices

April WTI crude oil (CLJ25 ) today is down -0.73 (-1.04%), and April RBOB gasoline (RBJ25 ) is down -0.0241 (-1.08%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-week high is undercutting energy prices. Crude prices are also...

Barchart · Feb 28, 2025

Expectations for US Tariffs on Canada and Mexico Boosts Crude Prices

April WTI crude oil (CLJ25 ) Thursday closed up +1.73 (+2.52%), and April RBOB gasoline (RBJ25 ) closed up +0.0496 (+2.26%). Crude oil and gasoline prices rallied Thursday after President Trump confirmed plans to impose tariffs on Canada and Mexico, the two top suppliers of crude to the US, starting...

Barchart · Feb 27, 2025

Crude Prices Push Higher as US Affirms Tariffs on Canada and Mexico

April WTI crude oil (CLJ25 ) today is up +1.30 (+1.89%), and April RBOB gasoline (RBJ25 ) is up +0.0326 (+1.49%). Crude oil and gasoline prices today moved moderately higher after President Trump confirmed plans to impose tariffs on Canada and Mexico, the two top suppliers of crude to the...

Barchart · Feb 27, 2025

Crude Prices Tumble on Weak US Economic News and Technical Selling

April WTI crude oil (CLJ25 ) Friday closed down -2.08 (-2.87%), and April RBOB gasoline (RBJ25 ) closed down -0.0560 (-2.41%). Crude oil and gasoline prices tumbled Friday, with gasoline posting a 3-week low. Friday's stronger dollar weighed on energy prices. Also, Friday's US economic news was mostly weaker than...

Barchart · Feb 21, 2025

Crude Prices Pressured by a Stronger Dollar and Weak US Economic News

April WTI crude oil (CLJ25 ) today is down -1.50 (-2.07%), and April RBOB gasoline (RBJ25 ) is down -0.0362 (-1.56%). Crude oil prices today are moving lower, with gasoline dropping to a 2-week low. Today's stronger dollar is weighing on energy prices. Also, today's US economic news was mostly...

Barchart · Feb 21, 2025

Crude Oil Posts a 1-Week High on Supply Uncertainty

March WTI crude oil (CLH25 ) Thursday closed up +0.32 (+0.44%), and March RBOB gasoline (RBH25 ) closed unchanged. Crude oil prices Thursday climbed to a 1-week high and settled moderately higher. Thursday's weaker dollar was supportive of energy prices. Crude also has carryover support from this week's drone attack...

Barchart · Feb 20, 2025

Crude Climbs Ahead of Weekly EIA Inventory Report

March WTI crude oil (CLH25 ) today is up +0.58 (+0.80%), and March RBOB gasoline (RBH25 ) is up +0.0019 (+0.09%). Crude oil and gasoline prices today are moderately higher. Today's weaker dollar is supportive of energy prices. Crude also has carryover support from this week's drone attack on a...

Barchart · Feb 20, 2025

Crude Oil Prices Rise on Supply Risks

March WTI crude oil (CLH25 ) on Wednesday closed up +0.40 (+0.56%), and March RBOB gasoline (RBH25 ) closed down -0.0002 (-0.01%). Crude oil prices on Wednesday traded higher, extending Tuesday's gains that were driven by a drone attack on a Russian pumping station that could reduce Kazakhstan crude oil...

Barchart · Feb 19, 2025

Crude Prices Rise on Supply Risks

March WTI crude oil (CLH25 ) on Wednesday closed up +0.40 (+0.56%), and March RBOB gasoline (RBH25 ) closed down -0.0002 (-0.01%). Crude oil prices on Wednesday traded higher, extending Tuesday's gains that were driven by a drone attack on a Russian pumping station that could reduce Kazakhstan crude oil...

Barchart · Feb 19, 2025

Crude Prices Rally on Supply Risks

March WTI crude oil (CLH25 ) today is up +0.89 (+1.24%), and March RBOB gasoline (RBH25 ) is up +0.0087 (+0.42%). Crude oil prices are trading higher today, extending Tuesday's gains that were driven by a drone attack on a Russian pumping station that could reduce Kazakhstan crude oil exports...

Barchart · Feb 19, 2025