The Latest Breaking News from OPEC

Crude Oil Rallies as Middle Eastern Crude Producers Raise Prices

March WTI crude oil (CLH25 ) Monday closed up +1.32 (+1.86%), and March RBOB gasoline (RBH25 ) closed down -0.0008 (-0.04%). Crude oil and gasoline prices settled mixed Monday. Crude oil prices rallied as tighter US sanctions on Russian crude limited global oil supplies, allowing the largest Middle Eastern oil...

Barchart · Feb 10, 2025

Crude Rallies as Middle Eastern Crude Producers Raise Prices

March WTI crude oil (CLH25 ) today is up +1.16 (+1.63%), and March RBOB gasoline (RBH25 ) is up +0.0046 (+0.22%). Crude oil and gasoline prices today are moderately higher as tighter US sanctions on Russian crude limit global oil supplies and allow the biggest Middle Eastern oil producers to...

Barchart · Feb 10, 2025

Crude Prices Supported by US Economic Strength

March WTI crude oil (CLH25 ) Friday closed up +0.39 (+0.55%), and March RBOB gasoline (RBH25 ) closed up +0.0303 (+1.46%). Crude oil and gasoline prices Friday posted moderate gains on signs of US economic strength after the Jan unemployment rate unexpectedly fell to an 8-month low of 4.0%. Also,...

Barchart · Feb 7, 2025

Iran calls for OPEC to unite against potential US oil sanctions

Iranian president urges members to unite after Trump again initiates ‘maximum pressure’ sanctions campaign.

Al Jazeera · Feb 5, 2025

Crude Prices Post Moderate Losses as EIA Oil and Gasoline Inventories Climb

March WTI crude oil (CLH25 ) Wednesday closed down -1.67 (-2.30%), and March RBOB gasoline (RBH25 ) closed down -0.0483 (-2.30%). Crude oil and gasoline prices posted moderate losses Wednesday on concern that the impact of the US-China trade war will derail global growth and energy demand. Losses in oil...

Barchart · Feb 5, 2025

Crude Prices Tumble as Weekly EIA Oil and Gasoline Inventories Jump

March WTI crude oil (CLH25 ) today is down -1.49 (-2.05%), and March RBOB gasoline (RBH25 ) is down -0.0519 (-2.47%). Crude oil and gasoline prices are sliding today on concern that the impact of the US-China trade war will derail global growth and energy demand. Losses in oil prices...

Barchart · Feb 5, 2025

Trump wants US oil producers to ‘drill, baby, drill.' They’re not interested: Report

American oil producers want higher profits, not more crude just now

The Independent UK · Feb 5, 2025

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 · Feb 4, 2025

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 · Feb 4, 2025

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 · Feb 3, 2025