The Latest Breaking News from OPEC

3 Energy Stocks to Fuel November Gains

With robust global demand for oil and gas and constrained supplies further pushing prices higher, the energy industry’s outlook appears bright. Amid this backdrop, it could be wise to invest in fundamentally sound energy stocks Repsol (REPYY), CrossAmerica Partners (CAPL), and Geospace Technologies (GEOS) this month for potential gains. Read…

StockNews.com · Nov 14, 2023

What impacts the price of oil?

Many factors can influence the price of a barrel of oil, including social and economic events, natural disasters, and geopolitical conflict.

USAFacts · Nov 9, 2023

How have oil prices changed in the US?

Oil prices have historically risen over time, but the last two decades have been particularly volatile.

USAFacts · Nov 9, 2023

Crude Prices Tumble on Dollar Strength and Global Energy Demand Concerns

December WTI crude oil (CLZ23 ) this morning is down -2.44 (-3.02%), and Dec RBOB gasoline (RBZ23 ) is down -0.0593 (-2.65%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 2-1/2 month low and gasoline sliding to a 4-week low. A stronger dollar...

Barchart · Nov 7, 2023

Crude Settles Higher after Saudia Arabia and Russia Reaffirm Crude Production Cuts

December WTI crude oil (CLZ23 ) on Monday closed up +0.31 (+0.39%), and Dec RBOB gasoline (RBZ23 ) closed up +0.0349 (+1.59%). Crude oil and gasoline prices on Monday closed moderately higher after Saudia Arabia and Russia reaffirmed they will keep their crude production cuts in place through the end...

Barchart · Nov 6, 2023

Crude Oil Advances after Saudia Arabia and Russia Reaffirm Crude Production Cuts

December WTI crude oil (CLZ23 ) this morning is up +1.03 (+1.28%), and Dec RBOB gasoline (RBZ23 ) is up +0.0392 (+1.78%). Crude oil and gasoline prices this morning are moderately higher after Saudia Arabia and Russia reaffirmed they will keep their crude production cuts in place through the end...

Barchart · Nov 6, 2023

Invest in These 3 Energy Stocks for a Profitable November

The energy sector's outlook remains positive, with rising oil prices fuelled by scarce supplies and strong global demand. So, fundamentally strong energy stocks Shell (SHEL), Energy Transfer (ET) and TotalEnergies (TTE) might be solid buys. Read on.

StockNews.com · Nov 6, 2023

Energy Update: Down 14% From it's 2023 High, is Now a Good Time to Scoop Up Crude Oil?

Crude oil prices have been highly volatile. Winter is an off-season for crude oil because gasoline demand declines as drivers put less mileage on automobiles. Meanwhile, the geopolitical landscape and the level of the U.S. Strategic Petroleum Reserve remain compelling reasons for a higher low in the oil futures market…

Barchart · Nov 6, 2023

3 Energy Stocks Delivering Promising Gains

The escalating endeavors in oil and gas exploration to cater to the world's rising energy needs are projected to keep the energy services industry afloat in the foreseeable future. Therefore, investing in fundamentally strong energy services stocks Liberty Energy (LBRT), ChampionX Corporation (CHX), and NOW Inc. (DNOW), displaying promising gains,…

StockNews.com · Nov 6, 2023

3 Top-Rated Energy ETFs to Boost Your Investment Portfolio

The long-term demand outlook for oil and gas looks robust despite the near-term challenges. This bodes well for the energy sector. Hence, it could be wise to invest in top-rated energy ETFs, such as Vanguard Energy Index Fund (VDE), Energy Select Sector SPDR Fund (XLE), and SPDR S&P Oil &…

StockNews.com · Nov 3, 2023