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The Latest Breaking News from crude oil

Crude Prices Retreat on Global Energy Demand Concerns

November WTI crude oil (CLX23 ) this morning is down -0.65 (-0.71%), and Nov RBOB gasoline (RBX23 ) is down -5.51 (-2.23%). Nov WTI crude oil and gasoline prices this morning are moving lower, with gasoline tumbling to a 4-1/2 month low. Crude prices are under pressure after today’s weaker-than-expected...

Barchart

Weak U.S. Economic News Sparks Long Liquidation in Crude

November WTI crude oil (CLX23 ) on Thursday closed down -1.97 (-2.10%), and Nov RBOB gasoline (RBX23 ) closed down -8.39 (-3.29%). Nov WTI crude oil and gasoline prices on Thursday closed moderately lower, with crude prices falling back from a 13-month high. Thursday’s weaker-than-expected U.S. economic news on Q2...

Barchart

Oil prices edge higher as global demand reignites inflation worries

Brent crude oil surpassed $97 per barrel on Thursday, edging toward the 100 dollar mark which was last hit more than a year ago

The Independent UK

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Energy Stock Halliburton Rides Oil Wave Toward Buy Point

This oil services stock is nearing a 52-week high as crude oil prices also near their highest point in a year.

Investors Business Daily

Crude Prices Fall Back on Weaker-Than-Expected U.S. Economic News

November WTI crude oil (CLX23 ) this morning is down -0.60 (-0.64%), and Nov RBOB gasoline (RBX23 ) is down -0.307 (-1.20%). Nov WTI crude oil and gasoline prices this morning are moderately lower, with crude prices falling back from a 13-month high. Weaker-than-expected U.S. economic news today sparked energy...

Barchart

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

The Independent UK

Crude Prices Rally Sharply as U.S. Inventories Tighten

November WTI crude oil (CLX23 ) on Wednesday closed up +3.29 (+3.64%), and Nov RBOB gasoline (RBX23 ) closed up +3.354 (+1.33%). Nov WTI crude oil and gasoline prices Wednesday rallied sharply, with crude climbing to a 13-month high. Crude prices continue to push higher on concern that global oil...

Barchart

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Crude Prices Soar as U.S. Inventories Tighten

November WTI crude oil (CLX23 ) this morning is up +3.17 (+3.51%), and Nov RBOB gasoline (RBX23 ) is up +5.14 (+2.04%). Nov WTI crude oil and gasoline prices this morning are sharply higher, with crude climbing to a 13-month high. Crude prices continue to push higher on concern that...

Barchart

These Oil Majors May Be Ready For A Promotion As Crude Prices Keep Rising

ExxonMobil and other oil majors are near buy zones as crude oil prices march higher.

Investors Business Daily

3 Inexpensive Energy Stocks to Buy Before October

Rising crude oil prices and higher well productivity are expected to boost domestic oil production this year and beyond, creating high-growth opportunities for companies providing energy services. Amid this backdrop, it could be wise to invest in quality energy stocks Liberty Energy (LBRT), ProPetro (PUMP), and Matrix Service (MTRX) for…

StockNews.com

Crude Prices Finish Higher on Expectations of Tighter Global Supplies

November WTI crude oil (CLX23 ) on Tuesday closed up +0.71 (+0.79%), and Nov RBOB gasoline (RBX23 ) closed up +1.32 (+0.53%). Nov WTI crude oil and gasoline prices Tuesday posted moderate gains on concern that global oil supplies will remain tight for the foreseeable future. Crude prices also moved...

Barchart

Crude Prices Supported by Expectations Global Supplies to Remain Tight

November WTI crude oil (CLX23 ) this morning is up +0.51 (+0.57%), and Nov RBOB gasoline (RBX23 ) is down -1.87 (-0.75%). Nov WTI crude oil and gasoline prices this morning are mixed, with gasoline dropping to a 3-week low. Concerns that global oil supplies will remain tight for the...

Barchart

Crude Prices Settle Lower on Dollar Strength and Chinese Energy Demand Concerns

November WTI crude oil (CLX23 ) on Monday closed down -0.35 (-0.39%), and Nov RBOB gasoline (RBX23 ) closed down -0.85 (-0.34%). Nov WTI crude oil and gasoline prices Monday posted moderate losses, with gasoline falling to a 3-week low. Monday’s rally in the dollar index (DXY00 ) to a...

Barchart

Crude Prices Slip on Dollar Strength and Chinese Energy Demand Concerns

November WTI crude oil (CLX23) this morning is down -0.47 (-0.52%), and Nov RBOB gasoline (RBX23) is down -2.60 (-1.04%). Nov WTI crude oil and gasoline prices this morning are moderately lower, with gasoline falling to a 3-week low. Today’s rally in the dollar index (DXY00 ) to a 6-1/2...

Barchart

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The Independent UK

Russian oil supplies continue to spike despite G7 price cap sanctions, data shows

Russia’s oil revenues likely to increase due to constant increases in crude prices, show estimates

Barchart

Tight Global Supplies Boost Crude Prices

November WTI crude oil (CLX23 ) on Friday closed up +0.40 (+0.45%), and Nov RBOB gasoline (RBX23 ) closed down -5.62 (-2.19%). Nov WTI crude oil and gasoline prices on Friday settled mixed, with gasoline falling to a 2-week low. A rally in the dollar index today to a 6-1/2...

Barchart

Crude Prices Underpinned by Tight Global Supplies

November WTI crude oil (CLX23 ) this morning is up +0.81 (+0.90%), and Nov RBOB gasoline (RBX23 ) is down -1.29 (-0.50%). Nov WTI crude oil and gasoline prices this morning are mixed. A rally in the dollar index today to a 6-1/2 month high is bearish for energy prices....

Investors Business Daily

Dow Jones Rises As Apple Stock Shines; Meta Platforms, Nvidia Lead Tech Bounce

The Dow Jones held a modest gain near midday Friday. Apple stock outperformed in the blue-chip index as the iPhone 15 became available today.

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Barchart

Crude Gives Up Early Gains as Stocks Tumble

November WTI crude oil (CLX23 ) on Thursday closed down -0.03 (-0.03%), and Nov RBOB gasoline (RBX23 ) closed down -0.26 (-0.10%). Nov WTI crude oil and gasoline prices on Thursday whipsawed throughout the day and finally settled with modest losses. An early rally in the dollar index (DXY00 )...

Barchart

Crude Gains After Russia Bans Gasoline and Diesel Exports

November WTI crude oil (CLX23 ) this morning is up +0.83 (+0.93%), and Nov RBOB gasoline (RBX23 ) is up +1.96 (+0.76%). Nov WTI crude oil and gasoline prices this morning shook off early losses and are moderately higher after Russia banned gasoline and diesel exports, further tightening global fuel...

The Hindu

India to clock GDP growth of 6.5 pc in FY24 despite high crude oil prices: NITI Aayog member Arvind Virmani

India's GDP growth projected at 6.5% for FY24, despite high crude oil prices & increased uncertainty due to climate change. Gross household savings ratio consistently up, net household savings down due to consumer debt. Inflationary impact of oil prices, but govt has managed food inflation well.

Barchart

Crude Gives up Early Gains on a Hawkish Fed

October WTI crude oil (CLV23 ) on Wednesday closed down -0.92 (-1.01%), and Oct RBOB gasoline (RBV23 ) closed down -3.89 (-1.46%). Oct WTI crude oil and gasoline prices Wednesday gave up early gains and posted moderate losses after the Federal Reserve raised its estimate for interest rates next year,...

Barchart

Weak Crude Oil Prices Spark Long Liquidation in Sugar Futures

Oct NY world sugar #11 (SBV23 ) on Wednesday closed -0.65 (-2.37%), and Dec London white sugar #5 (SWZ23 ) closed -13.50 (-1.82%). Sugar prices on Wednesday closed sharply lower after a -1% fall in crude oil prices sparked long liquidation pressures in sugar futures. Weaker crude prices undercut ethanol...

Barchart

Crude Prices Gain on a Bullish Weekly EIA Report

October WTI crude oil (CLV23 ) this morning is up +0.23 (+0.25%), and Oct RBOB gasoline (RBV23 ) is down -1.15 (-0.43%). Oct WTI crude oil prices this morning are mixed, with gasoline falling to a 1-week low. A weaker dollar today is supportive of energy prices. Also, crude prices...

Barchart

Crude Prices Post 10-1/2 Month High on Tight Supply Outlook But Then Fall Back

October WTI crude oil (CLV23 ) on Tuesday closed -0.28 (-0.31%), and Oct RBOB gasoline (RBV23 ) closed -3.98 (-1.48%). Oct WTI crude oil prices on Tuesday climbed to a new 10-1/2 month high on the nearest-futures chart, extending the rally seen in the past three months driven by expectations...

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