The Latest Breaking News from crude oil

September WTI crude oil (CLU23 ) on Tuesday closed down -1.52 (-1.84%), and Sep RBOB gasoline (RBU23 ) closed down -5.86 (-2.02%). Crude oil and gasoline prices Tuesday closed moderately lower. Crude prices were under pressure Tuesday on concerns about global oil demand after China reported weaker-than-expected industrial activity and...

Oil demand is on track to average 102.2 million barrels per day in 2023, the highest-ever annual level, and profits on processing a barrel of crude oil at a typical U.S. refinery has jumped by about 33% year to date. Here's one way for investors to cash in.

September WTI crude oil (CLU23 ) this morning is down -1.76 (-2.139%), and Sep RBOB gasoline (RBU23 ) is down -2.75 (-0.95%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure today on concerns about global oil demand after China reported weaker-than-expected industrial activity...

September WTI crude oil (CLU23 ) on Monday closed down -0.74 (-0.89%), and Sep RBOB gasoline (RBU23 ) closed down -5.87 (-1.98%). Crude oil and gasoline prices Monday settled moderately lower. Monday's rally in the dollar index (DXY00 ) to a 5-week high pressured energy prices. Also, concerns that a...

The shipping industry looks poised for steady growth amid increasing global demand. To that end, it could be wise to buy fundamentally strong shipping stocks Danaos Corporation (DAC), Tsakos Energy Navigation (TNP), Teekay Corporation (TK), Overseas Shipholding Group (OSG), and Dynagas LNG Partners LP (DLNG). Keep reading.

September WTI crude oil (CLU23 ) this morning is down -0.42 (-0.50%), and Sep RBOB gasoline (RBU23 ) is down -5.78 (-1.95%). Crude oil and gasoline prices this morning are moderately lower. Today's rally in the dollar index (DXY00 ) to a 5-week high pressures energy prices. Also, concerns that...

September WTI crude oil (CLU23 ) on Friday closed up +0.37 (+0.45%), and Sep RBOB gasoline (RBU23 ) closed up +6.02 (+2.07%). Crude oil and gasoline prices Friday posted moderate gains. Crude prices rose Friday after a monthly report from the International Energy Agency (IEA) said global oil demand has...

September WTI crude oil (CLU23 ) this morning is up +0.65 (+0.78%), and Sep RBOB gasoline (RBU23 ) is up +4.87 (+1.68%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing after today's monthly report from the International Energy Agency (IEA) said global oil demand...

September WTI crude oil (CLU23 ) on Thursday closed down -1.58 (-1.87%), and Sep RBOB gasoline (RBU23 ) closed down -2.37 (-0.81%). Crude oil and gasoline prices Thursday gave up an early advance and closed moderately lower. Crude fell back from an 8-3/4 month high posted in overnight trade and...

September WTI crude oil (CLU23 ) this morning is down -0.68 (-0.81%), and Sep RBOB gasoline (RBU23 ) is down -3.07 (-1.05%). Crude oil and gasoline prices this morning are moderately lower. Crude fell back from an 8-3/4 month high posted in overnight trade and moved lower as funds liquidated...

One by one the major energy markets have completed long-term bullish reversal patterns, making Energies one of the more bullish sectors in the commodity complex.