The Latest Breaking News from crude oil

August WTI crude oil (CLQ25 ) Tuesday closed up +0.34 (+0.52%), and August RBOB gasoline (RBQ25 ) closed up +2.82 (+1.36%). Crude oil and gasoline prices settled higher Tuesday after the dollar index (DXY00 ) fell to a 3 1/3-year low. Also, concerns that Middle East tensions could flare up...

August WTI crude oil (CLQ25 ) today is up +0.30 (+0.46%), and August RBOB gasoline (RBQ25 ) is up +1.26 (+0.61%). Crude oil and gasoline prices are rising today after the dollar index (DXY00) fell to a 3 1/3-year low. Also, concern that Middle East tensions could flare up again...

August WTI crude oil (CLQ25 ) Monday closed down -0.41 (-0.63%), and August RBOB gasoline (RBQ25 ) closed up +0.27 (+0.13%). Crude oil and gasoline prices on Monday settled mixed. Crude was under pressure Monday due to expectations that OPEC+ will increase its crude production level by another 411,000 bpd...

August WTI crude oil (CLQ25 ) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25 ) is down -0.41 (-0.20%). Crude oil and gasoline prices are under pressure today due to expectations that OPEC+ will increase its crude production level by another 411,000 bpd when they meet on Sunday....

September crude oil futures present a selling opportunity on more price weakness.

August WTI crude oil (CLQ25 ) Friday closed up +0.28 (+0.43%), and August RBOB gasoline (RBQ25 ) closed down -1.04 (-0.50%). Crude oil and gasoline prices settled mixed on Friday. Crude found support on signs of easing trade tensions as the US moves closer to trade deals with China and...

August WTI crude oil (CLQ25 ) today is up +0.73 (+1.12%), and August RBOB gasoline (RBQ25 ) is down -0.94 (-0.35%). Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and...

The National Transportation Safety Board says roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at a problem

Given the shift in U.S. energy policy, I had been bearish on crude oil prices after the Trump administration took office in January 2025. However, I had one caveat, which was solving some of the issues facing the Middle East. The recent hostilities between Israel and Iran have lit a…

August WTI crude oil (CLQ25 ) today is up +1.41 (+2.17%), and August RBOB gasoline (RBQ25 ) is up +0.0380 (+1.84%). Crude oil and gasoline prices are sharply higher today due to the decline in the dollar index (DXY00 ) to a 3-1/4 year low. Also, today's rally in the...

August WTI crude oil (CLQ25 ) Wednesday closed up +0.55 (+0.85%), and August RBOB gasoline (RBQ25 ) closed down -0.0049 (-0.24%). Crude oil and gasoline prices on Wednesday settled mixed. Crude oil found support on Wednesday's bullish weekly EIA report, which showed a larger-than-expected draw in crude oil inventories and...