The Latest Breaking News from crude oil

2025 has seen the crude oil market as a crucible of volatility, shaped by a cascade of global events that demand the attention of professional traders and hedgers. Understanding these dynamics is critical to seizing opportunities and risk management for those trading West Texas Intermediate (WTI) or Brent contracts or…

May WTI crude oil (CLK25 ) Monday closed up +0.03 (+0.05%), and May RBOB gasoline (RBK25 ) closed up +0.0231 (+1.16%). Crude oil and gasoline prices on Monday posted modest gains. Monday's weaker dollar was supportive of energy prices. Also, a pause for some US tariffs lifted equity markets and...

May WTI crude oil (CLK25 ) Thursday closed down -2.07 (-3.32%), and May RBOB gasoline (RBK25 ) closed down -0.0771 (-3.78%). Crude oil and gasoline prices on Thursday fell sharply because of concerns that the US trade war would slow economic growth and energy demand. Also, Thursday's stock selloff reduced...

Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland

May WTI crude oil (CLK25) today is down -2.68 (-4.30%), and May RBOB gasoline (RBK25) is down -0.0765 (-3.75%). Crude oil and gasoline prices today are sharply lower on concern the escalation of the US-China trade war will lead to a slowdown in economic growth and energy demand. Also, today's...

Trucks and workers started a cleanup effort at the site of a spill of the Keystone oil pipeline in rural North Dakota

May WTI crude oil (CLK25 ) Wednesday closed up +2.77 (+4.65%), and May RBOB gasoline (RBK25 ) closed up -0.0470 (+2.36%). Crude oil and gasoline prices Wednesday recovered from early losses and rallied sharply as short-covering emerged when President Trump announced a 90-day pause on reciprocal tariffs for 56 countries,...

May NY world sugar #11 (SBK25 ) Wednesday closed down -0.40 (-1.18%), and May London ICE white sugar #5 (SWK25 ) closed down -9.90 (-1.89%). Sugar prices on Wednesday posted moderate losses, with NY sugar falling to a 5-week low and London sugar dropping to a 2-month low. Global trade...

May NY world sugar #11 (SBK25 ) today is down -0.36 (-1.97%), and May London ICE white sugar #5 (SWK25 ) is down -9.20 (-1.76%). Sugar prices today are under pressure, with NY sugar falling to a 5-week low and London sugar dropping to a 2-month low. Global trade war...