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The Latest Breaking News from crude oil

Crude Prices Sharply Lower as Israel May Not Strike Iranian Oil Sites

Nov WTI crude oil (CLX24 ) Tuesday closed down -3.25 (-4.40%), and Nov RBOB gasoline (RBX24 ) closed down -7.09 (-3.36%). Crude oil and gasoline prices Tuesday sold off sharply, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices tumbled Tuesday on...

Barchart

Energy in Q3- Where are Prices Heading in Q4 and Beyond?

The energy sector of the commodities market was the worst-performing sector in Q3, posting a double-digit percentage decline. Seasonality and other factors pushed most traditional energy prices lower, with some exceptions.

Barchart

Crude Prices Plunge as Israel May Not Target Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) today is down -3.741 (-5.07%), and Nov RBOB gasoline (RBX24 ) is down -8.97 (-4.25%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices are sinking today...

Barchart

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Crude Prices Finish Lower on Dollar Strength and Chinese Energy Demand Woes

Nov WTI crude oil (CLX24 ) Monday closed down -1.73 (-2.29%), and Nov RBOB gasoline (RBX24 ) closed down -4.30 (-2.00%). Crude oil and gasoline prices Monday posted moderate losses. Monday's rally in the dollar index (DXY00 ) to a 2-month high undercut energy prices. Also, concerns about Chinese energy...

Barchart

Crude Prices Decline on Dollar Strength and Chinese Energy Demand Concerns

Nov WTI crude oil (CLX24 ) today is down -1.39 (-1.84%), and Nov RBOB gasoline (RBX24 ) is down -4.18 (-1.94%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-month high is undercutting energy prices. Also, concerns about Chinese...

Barchart

Crude Prices Slip on Energy Demand Concerns as US Consumer Sentiment Declines

Nov WTI crude oil (CLX24 ) Friday closed down -0.29 (-0.38%), and Nov RBOB gasoline (RBX24 ) closed up +0.07 (+0.03%). Crude oil and gasoline prices Friday gave up early gains and settled mixed. Fuel demand concerns weighed on crude Friday after the University of Michigan US Oct consumer sentiment...

Barchart

Crude Slightly Lower as US Consumer Sentiment Unexpectedly Declined

Nov WTI crude oil (CLX24 ) today is down -0.20 (-0.26%), and Nov RBOB gasoline (RBX24 ) is up +0.57 (+0.27%). Crude oil and gasoline prices today are mixed. Weakness in the dollar today is supportive of energy prices. Also, today's rally in the S&P 500 to a new record...

Barchart

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Crude Closes Sharply Higher on Heightened Geopolitical Risks in the Middle East

Nov WTI crude oil (CLX24 ) Thursday closed up +2.61 (+3.56%), and Nov RBOB gasoline (RBX24 ) closed up +8.45 (+4.09%). Crude oil and gasoline prices Thursday moved sharply higher on ramped-up war rhetoric in the Middle East. Israeli Defense Minister Gallant said Israel's response to Iran's missile attack on...

Barchart

Sugar Posts Moderate Gains as Crude Oil Rallies

March NY world sugar #11 (SBH25 ) Thursday closed up +0.12 (+0.54%), and December London ICE white sugar #5 (SWZ24 ) closed up +2.80 (+0.50%). Sugar prices posted moderate gains on Thursday, supported by strength in crude oil. WTI crude (CLX24 ) rose more than +3% Thursday, which benefits ethanol...

Barchart

Sugar Supported by Higher Crude Oil Prices

March NY world sugar #11 (SBH25 ) today is up +0.10 (+0.45%), and December London ICE white sugar #5 (SWZ24 ) is up +2.30 (+0.41%). Sugar prices today are moderately higher, supported by strength in crude oil. WTI crude (CLX24 ) is up more than +3% today, which benefits ethanol...

Barchart

Ramped-Up War Rhetoric in the Middle East Boosts Crude Prices

Nov WTI crude oil (CLX24 ) today is up +1.75 (+2.39%), and Nov RBOB gasoline (RBX24 ) is up +5.96 (+2.88%). Crude oil and gasoline prices today are posting moderate gains. Ramped-up war rhetoric in the Middle East is boosting crude prices today. Israeli Defense Minister Gallant said Israel's response...

Barchart

Global petrol price spike due to Middle East conflict to hit Australian motorists, Jim Chalmers warns

‘Rule of thumb’ is Australia’s inflation rises 0.4% when a 10% increase to crude oil price lasts a year

The Guardian - AU

Crude Closes Lower as EIA Inventories Expand

Nov WTI crude oil (CLX24 ) Wednesday closed down -0.33 (-0.45%), and Nov RBOB gasoline (RBX24 ) closed down -0.17 (-0.08%). Crude oil and gasoline prices on Wednesday settled moderately lower. Wednesday's rally in the dollar index (DXY00 ) to a 1-3/4 month high was bearish for energy prices. Also,...

Barchart

Crude Prices Weighed Down as Weekly EIA Supplies Jump

Nov WTI crude oil (CLX24 ) today is down -0.34 (-0.46%), and Nov RBOB gasoline (RBX24 ) is down -0.11 (-0.05%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 1-3/4 month high is bearish for energy prices. Also, today's...

Barchart

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Crude Prices Sink as China Refrains from New Stimulus Measures

Nov WTI crude oil (CLX24 ) Tuesday closed down -3.57 (-4.63%), and Nov RBOB gasoline (RBX24 ) closed down -8.57 (-3.98%). Crude oil and gasoline prices Tuesday gave up an early advance and sold off sharply after China refrained from adding new stimulus measures. Also, an increase in Libyan crude...

Barchart

NY Sugar Undercut by Weakness in Crude Oil and the Brazilian Real

March NY world sugar #11 (SBH25 ) Tuesday closed down -0.06 (-0.27%), and December London ICE white sugar #5 (SWZ24 ) closed up +4.90 (+0.86%). Sugar prices Tuesday settled mixed, with NY sugar posting a 1-week low. Sugar prices were undercut by Tuesday's sharp drop of more than -4% in...

Barchart

Crude Tumbles as China Holds Back from Adding Stimulus Measures

Nov WTI crude oil (CLX24 ) today is down -3.96 (-5.13%), and Nov RBOB gasoline (RBX24 ) is down -10.48 (-4.87%). Crude oil and gasoline prices today gave up an early advance and sold off sharply after China refrained from adding new stimulus measures. Also, an increase in Libyan crude...

Barchart

Crude Oil Settles Sharply Higher as the Middle East Remains on Edge

Nov WTI crude oil (CLX24 ) Monday closed up +2.76 (+3.71%), and Nov RBOB gasoline (RBX24 ) closed up +5.80 (+2.77%). Crude oil and gasoline prices Monday rallied sharply, with crude posting a 7-week high and gasoline posting a 6-week high. Crude prices Monday extended last week's sharp rally on...

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Barchart

Crude Oil Rallies on Mounting Middle East Hostilities

Nov WTI crude oil (CLX24 ) today is up +1.88 (+2.53%), and Nov RBOB gasoline (RBX24 ) is up +4.89 (+2.33%). Crude oil and gasoline prices today are moving higher, with crude posting a 7-week high and gasoline posting a 6-week high. Crude prices today extended last week's sharp rally...

Barchart

Crude Prices Rally on Fears of Escalation of Middle East Hostilities

Nov WTI crude oil (CLX24 ) Friday closed up +0.67 (+0.91%), and Nov RBOB gasoline (RBX24 ) closed up +0.32 (+0.15%). Crude oil and gasoline prices Friday added to Thursday's sharp rally and posted 5-week highs. Crude prices have rallied sharply in the past two sessions on concern Israel will...

Barchart

Crude Prices Underpinned by War Risks in the Middle East

Nov WTI crude oil (CLX24 ) today is up +0.98 (+1.33%), and Nov RBOB gasoline (RBX24 ) is up +0.92 (+0.44%). Crude oil and gasoline prices today added to Thursday's sharp gains and posted 5-week highs. Crude prices have rallied sharply in the past two sessions on concern Israel will...

France 24

Oil prices jump as speculation rises on possible Israeli retaliation against Iran

US crude oil jumped slightly after US President Joe Biden said he was "discussing" an Israeli strike on Iranian oil facilities. Chaos builds for shippers as US dockworkers enter their third day of strike action. In several cities across the US, the cost of childcare is overtaking the cost of…

Barchart

Crude Sharply Higher on a Possible Israeli Attack on Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) Thursday closed up +3.61 (+5.15%), and Nov RBOB gasoline (RBX24 ) closed up +10.67 (+5.37%). Crude oil and gasoline prices Thursday surged to 1-month highs on concern Israel may target Iran's oil industry in retaliation for Iran’s missile attack on Israel. Crude prices also...

Barchart

Sugar Prices Rally on Strength in Crude Oil

March NY world sugar #11 (SBH25 ) Thursday closed up +0.56 (+2.47%), and December London ICE white sugar #5 (SWZ24 ) closed up +10.00 (+1.74%). Sugar rallied on Thursday due to a +4% jump in crude prices (CLX24 ) to a 1-month high. Strength in crude oil benefits ethanol prices...

Barchart

Sugar Prices Gain as Crude Oil Surges

March NY world sugar #11 (SBH25 ) today is up +0.42 (+1.85%), and December London ICE white sugar #5 (SWZ24 ) is up +8.20 (+1.43%). Today's +4% jump in crude prices (CLX24 ) to a 1-month high supports moderate gains in sugar. Strength in crude oil benefits ethanol prices and...

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