The Latest Breaking News from crude oil

February WTI crude oil (CLG25 ) Thursday closed down -0.48 (-0.68%), and February RBOB gasoline (RBG25 ) closed down -0.0119 (-0.60%). Crude oil and gasoline prices Thursday gave up an early advance and closed moderately lower. Crude prices retreated after Thursday's report on weekly US jobless claims showed US continuing...

February WTI crude oil (CLG25 ) today is up +0.05 (+0.07%), and February RBOB gasoline (RBG25 ) is down -0.0068 (-0.35%). Crude oil and gasoline prices today are mixed. A weaker dollar today is supportive of energy prices. Crude also garnered some support today after the API reported late Tuesday...

February WTI crude oil (CLG25 ) is up +1.06 (+1.53%), and February RBOB gasoline (RBG25 ) is up +0.0335 (+1.72%). Crude oil prices today are trading higher on hopes for increased Chinese economic stimulus after Reuters reported that China may sell a record 3 trillion yuan ($411 billion) of special...

January WTI crude oil (CLF25 ) today is down -0.67 (-0.95%), and January RBOB gasoline (RBF25 ) is down -0.0222 (-1.14%). Crude oil prices are trading lower today on a stronger dollar. In addition, oil prices were undercut by global political uncertainty after President-Elect Trump over the weekend threatened to...

Palestinians accuse UK firm of breaching human rights laws by piping oil allegedly used by Israeli army

January WTI crude oil (CLF25 ) is down -0.67 (-0.95%), and January RBOB gasoline (RBF25 ) is up +0.0158 (+0.82%). Crude oil prices are trading lower today due to concern about the possibility of an all-out US-EU trade war after incoming-President Trump today said he would slap tariffs on the...

January WTI crude oil (CLF25 ) Thursday closed down -0.67 (-0.95%), and January RBOB gasoline (RBF25 ) closed down -0.0200 (-1.03%). Crude oil and gasoline prices settled moderately lower on Thursday, with gasoline falling to a 1-1/2 week low. Thursday's rally in the dollar index (DXY00) to a 2-year high...

January WTI crude oil (CLF25 ) today is down -0.50 (-0.71%), and January RBOB gasoline (RBF25 ) is down -0.0275 (-1.42%). Crude oil and gasoline prices today are under pressure, with gasoline falling to a 1-1/2 week low. Today's rally in the dollar index (DXY00) to a 2-year high is...

Learn about the U.S.'s reliance on Canadian oil, potential tariff threats, and inflation concerns in the energy sector.

The U.S. increasingly relies on Canadian crude oil to meet domestic demand and that relationship faces potential strain amid tariff threats

January WTI crude oil (CLF25 ) Wednesday closed up +0.50 (+0.71%), and January RBOB gasoline (RBF25 ) closed down -0.0011 (-0.06%). Crude oil and gasoline prices settled mixed on Wednesday. Crude rose on the prospects of tighter global oil supplies after Kazakhstan pledged to comply with OPEC+ production quotas. Crude...