The Latest Breaking News from OPEC

January WTI crude oil (CLF25 ) today is down -1.16 (-1.64%), and January RBOB gasoline (RBF25 ) is down -0.0366 (-1.85%). Crude oil and gasoline prices are posting moderate losses today, with gasoline falling to a 1-week low. Concerns about weak Chinese energy demand are pressuring crude prices. Also, today's...

January WTI crude oil (CLF25 ) Monday closed down -0.58 (-0.81%), and January RBOB gasoline (RBF25 ) closed down -0.0261 (-1.30%). Crude oil and gasoline prices on Monday settled moderately lower. Lackluster Chinese economic news on Monday weighed on crude prices. Also, last month's weaker-than-expected U S and Eurozone manufacturing...

January WTI crude oil (CLF25 ) today is down -0.75 (-1.05%), and January RBOB gasoline (RBF25 ) is down -0.0263 (-1.31%). Crude oil and gasoline prices today are moderately lower. Lackluster Chinese economic news today signals weak economic growth that is bearish for energy demand and crude prices. Also, last...

January WTI crude oil (CLF25 ) Friday closed up +1.27 (+1.81%), and January RBOB gasoline (RBF25 ) closed up +0.0133 (+0.67%). Crude oil and gasoline prices Friday rallied to 2-1/2 week highs and settled higher. The prospects for additional sanctions on Russian and Iranian crude supplies pushed oil prices higher...

The oil sector looks poised to grow due to steady growth in oil and natural gas consumption forecasted. Therefore, it could be wise to explore investments in robust oil stocks such as Obsidian Energy (OBE), Weatherford International (WFRD), and Energy Transfer (ET). Keep reading….

January WTI crude oil (CLF25 ) today is up +0.80 (+1.14%), and January RBOB gasoline (RBF25 ) is up +0.0112 (+0.56%). Crude oil and gasoline prices today are moderately higher and posted 2-1/2 week highs. The prospects for additional sanctions on Russian and Iranian crude supplies are pushing oil prices...

January WTI crude oil (CLF25 ) Thursday closed down -0.27 (-0.38%), and January RBOB gasoline (RBF25 ) closed up +0.0027 (+0.14%). Crude oil and gasoline prices Thursday fell back from 2-1/2 week highs and settled mixed. Thursday's rally in the dollar index (DXY00 ) to a 2-week high weighed on...

January WTI crude oil (CLF25 ) today is down -0.92 (-1.31%), and January RBOB gasoline (RBF25 ) is down -0.0239 (-1.20%). Crude oil and gasoline prices today fell back from 2-1/2 week highs and are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-week high is...

January WTI crude oil (CLF25 ) Wednesday closed up +1.70 (+2.48%), and January RBOB gasoline (RBF25 ) closed up +0.0290 (+1.48%). Crude oil and gasoline prices posted moderate gains Wednesday, with crude climbing to a 1-week high and gasoline rising to a 2-week high. Crude prices rallied Wednesday on the...

January WTI crude oil (CLF25 ) today is up +1.10 (+1.60%), and January RBOB gasoline (RBF25 ) is up +0.0167 (+0.85%). Crude oil and gasoline prices today are moderately higher, with crude posting a 1-week high and gasoline posting a 2-week high. Crude prices are climbing today on the possibility...

January WTI crude oil (CLF25 ) Tuesday closed up +0.22 (+0.32%), and January RBOB gasoline (RBF25 ) closed up +0.0043 (+0.22%). Crude oil and gasoline prices posted modest gains on Tuesday. Crude prices rose Tuesday on carryover support from Monday when the Chinese government pledged to revive the economy, which...