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The Latest Breaking News from crude oil

Crude Prices Tumble on Dollar Strength and Large Build in EIA Inventories

December WTI crude oil (CLZ24 ) today is down -1.13 (-1.58%), and December RBOB gasoline (RBZ24 ) is down -3.83 (-1.88%). Crude and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-3/4 month high is undercutting energy prices. Also, renewed efforts to...

Barchart

Crude Prices Settle Higher on Middle East Conflict

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.53 (+2.17%), and Nov RBOB gasoline (RBX24 ) closed up +5.68 (+2.82%). Crude and gasoline prices posted 1-week highs on Tuesday and settled moderately higher for a second day. Heightened Middle East tensions underpin crude prices due to concern that the...

Barchart

Crude Prices Firm as Middle East Conflict Persists

Nov WTI crude oil (CLX24 ) today is up +1.64 (+2.32%), and Nov RBOB gasoline (RBX24 ) is up +4.97 (+2.47%). Crude and gasoline prices today are moving higher for a second day and posted 1-week highs. Heightened Middle East tensions underpin crude prices due to concern that the escalation...

Barchart

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Crude Posts Moderate Gains on Chinese Stimulus

Nov WTI crude oil (CLX24 ) Monday closed up +1.34 (+1.94%), and Nov RBOB gasoline (RBX24 ) closed up +1.27 (+0.63%). Crude and gasoline prices Monday posted moderate gains. Monday's action by Chinese banks to cut interest rates may spur economic growth and is bullish for crude prices. Also, heightened...

Barchart

It's Too Soon To Abandon Fossil Fuels, Says Pulitzer-Nominated Author, Ronald Stein

Mr. Stein, co-author of the Pulitzer Prize-nominated book Clean Energy Exploitations and Senior Policy Advisor at the Heartland Institute, believes that the world's rush to reduce carbon emissions is overlooking an irreplaceable reality: the petrochemical foundations of modern society.

International Business Times

Crude Climbs as China Boosts Stimulus Measures

Nov WTI crude oil (CLX24 ) today is up +0.88 (+1.27%), and Nov RBOB gasoline (RBX24 ) is up +0.10 (+0.05%). Crude and gasoline prices today are moderately higher. Today's action by Chinese banks to cut interest rates may spur economic growth and is bullish for crude prices. Also, heightened...

Barchart

Crude Prices Slide as Chinese Energy Demand Weakens

Nov WTI crude oil (CLX24 ) Friday closed down -1.45 (-2.05%), and Nov RBOB gasoline (RBX24 ) closed down -4.48 (-2.19%). Crude and gasoline prices dropped to 2-week lows on Friday and settled moderately lower. Weak crude demand from China weighed on oil prices Friday. Also, crude is under pressure...

Barchart

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Crude Prices Tumble on Weak Chinese Energy Demand

Nov WTI crude oil (CLX24 ) today is down -1.81 (-2.56%), and Nov RBOB gasoline (RBX24 ) is down -5.58 (-2.73%). Crude and gasoline prices today dropped to 2-week lows and are moderately lower. Weak crude demand from China is weighing on oil prices today. Also, crude is under pressure...

Barchart

Crude Posts Modest Gains on US Energy Demand Optimism and Bullish EIA Report

Nov WTI crude oil (CLX24 ) Thursday closed up +0.28 (+0.40%), and Nov RBOB gasoline (RBX24 ) closed up +0.65 (+0.32%). Crude prices Thursday posted modest gains. Stronger-than-expected US economic news Thursday was supportive of energy demand and crude prices. Also, Thursday's rally in the S&P 500 to a new...

Barchart

Crude Slightly Higher on US Economic Strength and a Fall in Weekly EIA Crude Supplies

Nov WTI crude oil (CLX24 ) today is up +0.08 (+0.11%), and Nov RBOB gasoline (RBX24 ) is up +0.20 (+0.10%). Crude prices today are slightly higher on stronger-than-expect US economic news that supports economic growth and energy demand. Also, today's rally in the S&P 500 to a new record...

Barchart

Crude Closes Lower as Middle East Oil Supply Concerns Ease

Nov WTI crude oil (CLX24 ) Wednesday closed down -0.19 (-0.27%), and Nov RBOB gasoline (RBX24 ) closed up +0.26 (+0.13%). Crude oil and gasoline prices Wednesday settled mixed, with crude falling to a fresh 2-week low. Wednesday's rally in the dollar index (DXY00 ) to a 2-1/4 month high...

Barchart

Crude Prices Pressured as Concerns Ease About Middle East Crude Supplies

Nov WTI crude oil (CLX24 ) today is down -0.75 (-1.06%), and Nov RBOB gasoline (RBX24 ) is down -1.67 (-0.82%). Crude oil and gasoline prices today are moderately lower, with crude falling to a fresh 2-week low. Today's rally in the dollar index (DXY00 ) to a 2-1/4 month...

Barchart

Crude Prices Sharply Lower as Israel May Not Strike Iranian Oil Sites

Nov WTI crude oil (CLX24 ) Tuesday closed down -3.25 (-4.40%), and Nov RBOB gasoline (RBX24 ) closed down -7.09 (-3.36%). Crude oil and gasoline prices Tuesday sold off sharply, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices tumbled Tuesday on...

Barchart

Energy in Q3- Where are Prices Heading in Q4 and Beyond?

The energy sector of the commodities market was the worst-performing sector in Q3, posting a double-digit percentage decline. Seasonality and other factors pushed most traditional energy prices lower, with some exceptions.

Barchart

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Crude Prices Plunge as Israel May Not Target Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) today is down -3.741 (-5.07%), and Nov RBOB gasoline (RBX24 ) is down -8.97 (-4.25%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices are sinking today...

Barchart

Crude Prices Finish Lower on Dollar Strength and Chinese Energy Demand Woes

Nov WTI crude oil (CLX24 ) Monday closed down -1.73 (-2.29%), and Nov RBOB gasoline (RBX24 ) closed down -4.30 (-2.00%). Crude oil and gasoline prices Monday posted moderate losses. Monday's rally in the dollar index (DXY00 ) to a 2-month high undercut energy prices. Also, concerns about Chinese energy...

Barchart

Crude Prices Decline on Dollar Strength and Chinese Energy Demand Concerns

Nov WTI crude oil (CLX24 ) today is down -1.39 (-1.84%), and Nov RBOB gasoline (RBX24 ) is down -4.18 (-1.94%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-month high is undercutting energy prices. Also, concerns about Chinese...

Barchart

Crude Prices Slip on Energy Demand Concerns as US Consumer Sentiment Declines

Nov WTI crude oil (CLX24 ) Friday closed down -0.29 (-0.38%), and Nov RBOB gasoline (RBX24 ) closed up +0.07 (+0.03%). Crude oil and gasoline prices Friday gave up early gains and settled mixed. Fuel demand concerns weighed on crude Friday after the University of Michigan US Oct consumer sentiment...

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Barchart

Crude Slightly Lower as US Consumer Sentiment Unexpectedly Declined

Nov WTI crude oil (CLX24 ) today is down -0.20 (-0.26%), and Nov RBOB gasoline (RBX24 ) is up +0.57 (+0.27%). Crude oil and gasoline prices today are mixed. Weakness in the dollar today is supportive of energy prices. Also, today's rally in the S&P 500 to a new record...

Barchart

Crude Closes Sharply Higher on Heightened Geopolitical Risks in the Middle East

Nov WTI crude oil (CLX24 ) Thursday closed up +2.61 (+3.56%), and Nov RBOB gasoline (RBX24 ) closed up +8.45 (+4.09%). Crude oil and gasoline prices Thursday moved sharply higher on ramped-up war rhetoric in the Middle East. Israeli Defense Minister Gallant said Israel's response to Iran's missile attack on...

Barchart

Sugar Posts Moderate Gains as Crude Oil Rallies

March NY world sugar #11 (SBH25 ) Thursday closed up +0.12 (+0.54%), and December London ICE white sugar #5 (SWZ24 ) closed up +2.80 (+0.50%). Sugar prices posted moderate gains on Thursday, supported by strength in crude oil. WTI crude (CLX24 ) rose more than +3% Thursday, which benefits ethanol...

Barchart

Sugar Supported by Higher Crude Oil Prices

March NY world sugar #11 (SBH25 ) today is up +0.10 (+0.45%), and December London ICE white sugar #5 (SWZ24 ) is up +2.30 (+0.41%). Sugar prices today are moderately higher, supported by strength in crude oil. WTI crude (CLX24 ) is up more than +3% today, which benefits ethanol...

Barchart

Ramped-Up War Rhetoric in the Middle East Boosts Crude Prices

Nov WTI crude oil (CLX24 ) today is up +1.75 (+2.39%), and Nov RBOB gasoline (RBX24 ) is up +5.96 (+2.88%). Crude oil and gasoline prices today are posting moderate gains. Ramped-up war rhetoric in the Middle East is boosting crude prices today. Israeli Defense Minister Gallant said Israel's response...

The Guardian - AU

Global petrol price spike due to Middle East conflict to hit Australian motorists, Jim Chalmers warns

‘Rule of thumb’ is Australia’s inflation rises 0.4% when a 10% increase to crude oil price lasts a year

Barchart

Crude Closes Lower as EIA Inventories Expand

Nov WTI crude oil (CLX24 ) Wednesday closed down -0.33 (-0.45%), and Nov RBOB gasoline (RBX24 ) closed down -0.17 (-0.08%). Crude oil and gasoline prices on Wednesday settled moderately lower. Wednesday's rally in the dollar index (DXY00 ) to a 1-3/4 month high was bearish for energy prices. Also,...

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