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The Latest Breaking News from crude oil

Crude Sharply Higher as Risk-On Sentiment Outweighs EIA Crude Inventory Build

June WTI crude oil (CLM23 ) on Wednesday closed up +1.97 (+2.78%), and June RBOB gasoline (RBM23 ) closed up +9.01 (+3.63%). June Nymex natural gas (NGM23) is down -0.024 (-1.01%). Crude oil and gasoline prices Wednesday rallied sharply, with gasoline climbing to a 2-week high. Wednesday's main bullish factor...

Barchart

Crude Rallies as Risk-On Sentiment Outweighs an Unexpected Build in EIA Inventories

June WTI crude oil (CLM23 ) this morning is up +1.45 (+2.05%), and June RBOB gasoline (RBM23 ) is up +6.69 (+2.70%). June Nymex natural gas (NGM23) is down -0.024 (-1.01%). Crude oil and gasoline prices this morning are moderately higher, with gasoline climbing to a 2-week high. Today's main...

Barchart

Crude Oil- Back in the U.S. Administration’s Buying Zone

In October 2022, the Biden administration told the crude oil market that the target range for replacing barrels sold from the U.S. Strategic Petroleum Reserve was $67 to $72 per barrel. The price is back at its buying level, and time will tell if the administration pulls the trigger to…

Barchart

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Crude Closes Slightly Lower on Chinese Energy Demand Concerns

June WTI crude oil (CLM23 ) on Tuesday closed down -0.25 (-0.35%), and June RBOB gasoline (RBM23 ) closed up +0.71 (+0.29%). Crude oil and gasoline prices Tuesday settled mixed. A stronger dollar Tuesday weighed on crude prices. Also, weaker-than-expected Chinese economic news Tuesday suggested the Chinese economic recovery is...

Barchart

Sluggish economy tames local oil prices

Diesel prices dipped again on Monday to around 32 baht a litre as global crude oil prices are on a decline.

Bangkok Post

Crude Slightly Lower on Dollar Strength and Concern About Chinese Energy Demand

June WTI crude oil (CLM23 ) this morning is down -0.22 (-0.31%), and June RBOB gasoline (RBM23 ) is down -0.20 (-0.08%). June Nymex natural gas (NGM23 ) is up +0.062 (+2.61%). Crude oil and gasoline prices this morning are slightly lower. A stronger dollar today is weighing on crude...

Barchart

Crude Posts Moderate Gains on the Outlook for Stronger U.S. Fuel Demand

June WTI crude oil (CLM23 ) on Monday closed up +1.07 (+1.53%), and June RBOB gasoline (RBM23 ) closed up +4.18 (+1.72%). Crude oil and gasoline prices Monday shook off early losses and closed moderately higher. A weaker dollar Monday gave energy prices a boost along with expectations for U.S....

Barchart

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Crude Prices Climb on Outlook for Stronger U.S. Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +1.10 (+1.57%), and June RBOB gasoline (RBM23 ) is up +1.08 (+0.44%). June Nymex natural gas (NGM23 ) is up +0.109 (+4.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar today is giving energy prices...

Barchart

Nigerian community reveals the horrifying impact of pollution from major oil spill

A 16,000-LITRE oil spill by Shell last summer in Nigeria allegedly polluted drinking water, contaminated farmland and killed hundreds of birds,…

The National (Scotland)

Crude Prices Finish Moderately Lower on Dollar Strength and Economic Concerns

June WTI crude oil (CLM23 ) on Friday closed down -0.83 (-1.17%), and June RBOB gasoline (RBM23 ) closed down -3.228 (-1.38%). Crude oil and gasoline prices Friday gave up an early advance and closed moderately lower. Friday's rally in the dollar index to a 1-month high weighed on crude...

Barchart

Crude Prices Fall on a Stronger Dollar and Slump in U.S. Consumer Sentiment

June WTI crude oil (CLM23 ) this morning is down -0.58 (-0.82%), and June RBOB gasoline (RBM23 ) is down -1.22 (-0.50%). June Nymex natural gas (NGM23) is up +0.033 (+1.51%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower on today's rally...

Barchart

Crude Prices Finish Lower on Dollar Strength and Energy-Demand Concerns

June WTI crude oil (CLM23 ) on Thursday closed down -1.69 (-2.33%), and June RBOB gasoline (RBM23 ) closed down -3.72 (-1.49%). Crude oil and gasoline prices on Thursday posted moderate losses. Thursday's rally in the dollar index to a 1-week high undercut energy prices. Also, demand concerns weighed on...

Barchart

Crude Prices Drop on Dollar Strength and Energy-Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -0.76 (-1.05%), and June RBOB gasoline (RBM23 ) is down -2.94 (-1.18%). June Nymex natural gas (NGM23 ) is up +0.058 (+2.65%). Crude oil and gasoline prices this morning are moderately lower. A rally in today's dollar index to a...

Barchart

Crude Prices Retreat on an Unexpected Build in EIA Crude Stocks

June WTI crude oil (CLM23 ) on Wednesday closed down -1.15 (-1.56%), and June RBOB gasoline (RBM23 ) closed up +1.50 (+0.60%). Crude oil and gasoline prices Wednesday settled mixed, with gasoline climbing to a 1-week high. A weaker dollar Wednesday was supportive of energy prices. Also, signs of strength...

Barchart

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Crude Prices Fall as Weekly EIA Crude Inventories Unexpectedly Climb

June WTI crude oil (CLM23 ) this morning is down -0.92 (-1.25%), and June RBOB gasoline (RBM23 ) is up +1.76 (+0.71%). June Nymex natural gas (NGM23 ) is down -0.073 (-3.22%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 1-week high. A weaker...

Al Jazeera

DR Congo in discussions with Uganda over use of crude pipeline

The controversial pipeline is for transporting Uganda’s crude to foreign markets when it begins production in 2025.

Barchart

Crude Closes Higher as U.S. Plans to Refill SPR After Repairs

June WTI crude oil (CLM23 ) on Tuesday closed up +0.55 (+0.75%), and June RBOB gasoline (RBM23 ) closed up +1.83 (+0.74%). Crude oil and gasoline prices Tuesday recovered from early losses and rose to 1-week highs. Short covering emerged in crude after the Biden administration said Tuesday it was...

Barchart

Dollar Strength and China Economic Concerns Weigh on Crude Prices

June WTI crude oil (CLM23 ) this morning is down -1.51 (-2.06%), and June RBOB gasoline (RBM23 ) is down -3.37 (-1.37%). June Nymex natural gas (NGM23 ) is down -0.013 (-0.58%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy...

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Barchart

Crude Prices Close Higher on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) on Monday closed up +1.82 (+2.55%), and June RBOB gasoline (RBM23 ) closed up +8.26 (+3.47%). Crude oil and gasoline prices Monday settled moderately higher. Crude prices rose Monday on carryover support from last Friday's stronger-than-expected U.S. Apr payroll report that eased recession fears...

Barchart

Crude Prices Gain on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) this morning is up +1.81 (+2.54%), and June RBOB gasoline (RBM23 ) is up +6.68 (+2.81%). June Nymex natural gas (NGM23 ) is up +0.106 (+4.96%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing today on carryover support...

Barchart

Crude Rallies on U.S. Economic Optimism

June WTI crude oil (CLM23 ) on Friday closed up +2.78 (+4.05%), and June RBOB gasoline (RBM23 ) closed up +5.31 (+2.28%). Crude oil and gasoline prices Friday settled sharply higher. A weaker dollar Friday was supportive of energy prices. Crude prices also moved higher after Friday's stronger-than-expected U.S. Apr...

Barchart

Are the Wheat and Corn Markets Bottoming?

This morning I was a guest on AgWeb's Markets Now with Michelle Rook. We discussed wheat, corn, soybeans, cattle, and crude oil.

Barchart

Crude Prices Sharply Higher as Economic Concerns Ease

June WTI crude oil (CLM23) this morning is up +2.74 (+4.00%), and June RBOB gasoline (RBM23) is up +6.07 (+2.61%). June Nymex natural gas (NGM23) is up +0.025 (+1.19%). Crude oil and gasoline prices this morning are sharply higher. A weaker dollar today is supportive of energy prices. Crude prices...

The Independent UK

NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

Barchart

Crude Prices Slightly Lower on Global Energy Demand Concerns

June WTI crude oil (CLM23 ) on Thursday closed down -0.04 (-0.06%), and June RBOB gasoline (RBM23 ) closed up +0.38 (+0.16%). Crude oil and gasoline prices Thursday settled mixed, with crude falling to a 5-month low. A stronger dollar Thursday weighed on energy prices. Crude oil prices also fell...

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