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The Latest Breaking News from crude oil

Oil Prices Lower on a Report US-Iran Nuclear Talks Will Restart

August WTI crude oil (CLQ25 ) on Thursday closed down -0.45 (-0.67%), and August RBOB gasoline (RBQ25 ) closed down -0.0043 (-0.20%). Oil prices on Thursday fell after Axios reported that the US plans to restart nuclear talks with Iran, which could eventually lead to reduced sanctions and increased Iranian...

Barchart

Oil Prices Lower on Report US-Iran Nuclear Talks Will Restart

August WTI crude oil (CLQ25 ) today are down -0.69 (-1.02%), and August RBOB gasoline (RBQ25 ) is down -0.0146 (-0.69%). Oil prices are trading lower after Axios reported that the US plans to restart nuclear talks with Iran, which could eventually lead to reduced sanctions and increased Iranian oil...

Barchart

Energy Demand Optimism Pushes Crude Prices Sharply Higher

August WTI crude oil (CLQ25 ) Wednesday closed up +2.00 (+3.06%), and August RBOB gasoline (RBQ25 ) closed up +2.26 (+1.08%). Crude oil and gasoline prices on Wednesday rallied to 1-week highs and settled sharply higher. Crude has support on concerns that Middle East tensions could flare up again after...

Barchart

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Crude Oil Gains 1.5%; Greenbrier Shares Spike Higher

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 150 points on Wednesday.

Benzinga

Crude Oil Prices Supported by Middle East Tensions

August WTI crude oil (CLQ25 ) today is up +0.48 (+0.73%), and August RBOB gasoline (RBQ25 ) is down -0.63 (-0.30%). Crude oil and gasoline prices today are mixed, with crude prices climbing to a 1-week high. Crude has support on concerns that Middle East tensions could flare up again...

Barchart

Iran Concerns and Dollar Weakness Support Crude Oil Prices

August WTI crude oil (CLQ25 ) Tuesday closed up +0.34 (+0.52%), and August RBOB gasoline (RBQ25 ) closed up +2.82 (+1.36%). Crude oil and gasoline prices settled higher Tuesday after the dollar index (DXY00 ) fell to a 3 1/3-year low. Also, concerns that Middle East tensions could flare up...

Barchart

Dollar Weakness and Iran Concerns Boost Crude Oil Prices

August WTI crude oil (CLQ25 ) today is up +0.30 (+0.46%), and August RBOB gasoline (RBQ25 ) is up +1.26 (+0.61%). Crude oil and gasoline prices are rising today after the dollar index (DXY00) fell to a 3 1/3-year low. Also, concern that Middle East tensions could flare up again...

Barchart

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Crude Oil Prices Slip as OPEC+ Expected to Boost Production

August WTI crude oil (CLQ25 ) Monday closed down -0.41 (-0.63%), and August RBOB gasoline (RBQ25 ) closed up +0.27 (+0.13%). Crude oil and gasoline prices on Monday settled mixed. Crude was under pressure Monday due to expectations that OPEC+ will increase its crude production level by another 411,000 bpd...

Barchart

Crude Oil Price Pressured by Global Oversupply Concerns

August WTI crude oil (CLQ25 ) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25 ) is down -0.41 (-0.20%). Crude oil and gasoline prices are under pressure today due to expectations that OPEC+ will increase its crude production level by another 411,000 bpd when they meet on Sunday....

Barchart

Is Crude Oil Set to Fall Here?

September crude oil futures present a selling opportunity on more price weakness.

Barchart

Crude Oil Settles Higher on US-China Trade Optimism

August WTI crude oil (CLQ25 ) Friday closed up +0.28 (+0.43%), and August RBOB gasoline (RBQ25 ) closed down -1.04 (-0.50%). Crude oil and gasoline prices settled mixed on Friday. Crude found support on signs of easing trade tensions as the US moves closer to trade deals with China and...

Barchart

Crude Oil Prices Climb on Positive Trade News

August WTI crude oil (CLQ25 ) today is up +0.73 (+1.12%), and August RBOB gasoline (RBQ25 ) is down -0.94 (-0.35%). Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and...

Barchart

NTSB says company failed to shut down oil pipeline for nearly 13 hours after pressure dropped

The National Transportation Safety Board says roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at a problem

The Independent UK

How High Can Middle East Turmoil Drive Crude Oil Prices?

Given the shift in U.S. energy policy, I had been bearish on crude oil prices after the Trump administration took office in January 2025. However, I had one caveat, which was solving some of the issues facing the Middle East. The recent hostilities between Israel and Iran have lit a…

Barchart

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Dollar Weakness and Stock Strength Push Crude Oil Prices Higher

August WTI crude oil (CLQ25 ) today is up +1.41 (+2.17%), and August RBOB gasoline (RBQ25 ) is up +0.0380 (+1.84%). Crude oil and gasoline prices are sharply higher today due to the decline in the dollar index (DXY00 ) to a 3-1/4 year low. Also, today's rally in the...

Barchart

Crude Prices Settle Higher as Weekly EIA Inventories Tumble

August WTI crude oil (CLQ25 ) Wednesday closed up +0.55 (+0.85%), and August RBOB gasoline (RBQ25 ) closed down -0.0049 (-0.24%). Crude oil and gasoline prices on Wednesday settled mixed. Crude oil found support on Wednesday's bullish weekly EIA report, which showed a larger-than-expected draw in crude oil inventories and...

Barchart

Sugar Prices Boosted by Strength in Crude Oil Prices

July NY world sugar #11 (SBN25 ) Wednesday closed up +0.21 (+1.33%), and August London ICE white sugar #5 (SWQ25 ) closed up +11.00 (+2.35%). Sugar prices on Wednesday recovered from early losses and moved higher after a +1% rally in WTI crude oil (CLQ25 ) sparked some short-covering in...

Benzinga

Crude Oil Rises Sharply; Torrid Holdings Shares Plunge

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday.

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Sugar Prices Recover on Strength in Crude Oil

July NY world sugar #11 (SBN25 ) today is up +0.13 (+0.82%), and August London ICE white sugar #5 (SWQ25 ) is up +10.50 (+2.24%). Sugar prices today recovered from early losses and turned higher after a +2% rally in WTI crude oil (CLQ25 ) sparked some short-covering in sugar...

Barchart

Crude Prices Gain as Weekly EIA Inventories Fall and Gasoline Demand Soars

August WTI crude oil (CLQ25 ) today is up +1.14 (+1.77%), and August RBOB gasoline (RBQ25 ) is up +0.0128 (+0.62%). Crude oil and gasoline are moving higher today on a bullish weekly EIA report that showed a larger-than-expected draw in crude oil inventories and a surge in US gasoline...

Barchart

Crude Prices Plunge as Geopolitical Risk Premium Vanishes

August WTI crude oil (CLQ25 ) Tuesday closed down -4.14 (-6.04%), and August RBOB gasoline (RBQ25 ) closed down -0.1282 (-5.83%). Crude oil and gasoline sold off sharply Tuesday to 1-1/2 week lows after President Trump announced a ceasefire in the Israel-Iran conflict, reducing concerns about a disruption to Middle...

Barchart

Weakness in Crude Oil Weighs on Sugar Prices

July NY world sugar #11 (SBN25 ) Tuesday closed down -0.27 (-1.68%), and August London ICE white sugar #5 (SWQ25 ) closed up +0.50 (+0.11%). Sugar prices on Tuesday settled mixed, with NY sugar slumping to a 4-year nearest-futures low. Tuesday's -5% plunge in crude prices (CLQ25) weighed on sugar...

Barchart

Sugar Prices are Undercut by Lower Crude Oil Prices

July NY world sugar #11 (SBN25 ) today is down -0.26 (-1.62%), and August London ICE white sugar #5 (SWQ25 ) is down -0.80 (-0.174%). Sugar prices are under pressure today, with NY sugar slumping to a 4-year nearest-futures low. Today's -5% plunge in crude prices (CLQ25) is weighing on...

Barchart

Crude Prices Tumble as Geopolitical Risks Ease in the Middle East

August WTI crude oil (CLQ25 ) today is down -3.34 (-4.88%), and August RBOB gasoline (RBQ25 ) is down -0.0930 (-4.23%). Crude oil and gasoline fell sharply today to 1-1/2 week lows after President Trump announced a ceasefire in the Israel-Iran conflict, reducing concerns about a disruption to Middle Eastern...

The Guardian - UK

Oil prices pare back losses amid doubts over Israel-Iran ceasefire

Stock markets including FTSE 100 edge higher as traders hope conflict will not disrupt oil supplies

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