The Latest Breaking News from OPEC

August WTI crude oil (CLQ24 ) today is up +0.83 (+1.03%), and Aug RBOB gasoline (RBQ24 ) is up +0.78 (+0.31%). Crude oil and gasoline today are moderately higher. Today's weaker dollar is bullish for energy prices. Crude also has carryover support from last Friday when Baker Hughes reported that...

August WTI crude oil (CLQ24 ) on Friday closed down -0.56 (-0.69%), and Aug RBOB gasoline (RBQ24 ) closed up +1.15 (+0.46%). Crude oil and gasoline prices settled mixed on Friday, with gasoline posting a 1-month high. Crude on Friday fell back from a 7-week high and turned lower after...

July WTI crude oil (CLN24 ) today is up +0.59 (+0.72%), and July RBOB gasoline (RBN24 ) is up +2.05 (+0.83%). Crude oil and gasoline prices today are moving higher, with crude posting a 7-week high and gasoline posting a 3-week high. Today's rally in the S&P 500 to a...

Kuwait has announced temporary power cuts in some parts of the country during peak consumption hours, saying it is struggling to meet increased demand spurred by extreme summer heat.

Amid rising oil prices and promising forecasts for global demand, it could be wise to invest in fundamentally sound energy stocks HF Sinclair Corp. (DINO), Energy Transfer (ET), and Cenovus Energy (CVE) that are trading at a discount to their peers. Read on….

Oil prices recently hit seven-week highs on expectations of robust energy demand and supply concerns amid escalating geopolitical instability and extended OPEC+ production cuts. Hence, quality energy stocks ConocoPhillips (COP), Schlumberger (SLB), and Baker Hughes (BKR), with solid upside potential, could be ideal investments now. Read more….

July WTI crude oil (CLN24 ) on Tuesday closed up +1.24 (+1.54%), and July RBOB gasoline (RBN24 ) closed up +3.63 (+1.48%). Crude oil and gasoline prices Tuesday finished moderately higher, with crude posting a 7-week high and gasoline posting a 3-week high. A weaker dollar Tuesday was supportive of...

July WTI crude oil (CLN24 ) today is up +1.27 (+1.58%), and July RBOB gasoline (RBN24 ) is up +3.29 (+1.34%). Crude oil and gasoline prices today are moderately higher, with crude posting a 7-week high and gasoline posting a 3-week high. A weaker dollar today is supportive of energy...

July WTI crude oil (CLN24 ) on Monday closed up +1.88 (+2.40%), and July RBOB gasoline (RBN24 ) closed up +4.73 (+1.97%). Crude oil and gasoline prices Monday pushed higher, with crude posting a 2-1/2 week high. A weaker dollar on Monday was bullish for energy prices. Crude also has...