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The Latest Breaking News from crude oil

Crude Prices Jump on Signs US Oil Production Will Decline

June WTI crude oil (CLM25 ) today is up +2.47 (+4.32%), and June RBOB gasoline (RBM25 ) is up +0.0543 (+2.68%). Crude oil and gasoline prices today are sharply higher. Today's weaker dollar is bullish for energy prices. Also, short covering emerged to push crude prices higher today on concern...

Barchart

Crude Prices Pressured as OPEC+ Boosts Production

June WTI crude oil (CLM25 ) Monday closed down -1.16 (-1.99%), and June RBOB gasoline (RBM25 ) closed up +0.0029 (+0.14%). Crude oil and gasoline prices on Monday settled mixed, with crude posting a 3-1/2 week low. Concern about a global crude oil supply glut weighed on oil prices Monday...

Barchart

A New Storm Cloud Is Throwing Shade on Grain Markets. Here’s What Could Bring Out the Sun.

Grain markets traders have a weather-market wild card in their vests as the spring and summer months kick off.

Barchart

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Does the WTI Crude Oil Market Make Sense?

If we take WTI crude oil down to its structure, the market doesn't make much sense. But then again, it doesn't have to.

Barchart

Crude Prices Sink on Concerns About a Global Oil Glut

June WTI crude oil (CLM25 ) today is down -1.78 (-3.05%), and June RBOB gasoline (RBM25 ) is down -0.0327 (-1.62%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 3-1/2 week low and gasoline dropping to a 3-week low. Concern about a global crude...

Barchart

Crude Prices Settle Lower as OPEC+ Discusses a Crude Production Hike

June WTI crude oil (CLM25 ) Friday closed down -0.95 (-1.60%), and June RBOB gasoline (RBM25 ) closed down -0.0293 (-1.43%). Crude oil and gasoline prices fell moderately on Friday after OPEC+ brought forward its meeting to discuss an increase in crude production, bolstering concerns about a global supply glut....

Barchart

Crude Prices Fall on Speculation that OPEC+ Will Boost Crude Production

June WTI crude oil (CLM25 ) today is down -0.90 (-1.52%), and June RBOB gasoline (RBM25 ) is down -0.0314 (-1.53%). Crude oil and gasoline prices today are moderately lower after OPEC+ brought forward its meeting to discuss an increase in crude production, bolstering concerns about a global supply glut....

Barchart

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Crude Prices Climb as a Stock Rally Boosts Market Sentiment

June WTI crude oil (CLM25 ) Thursday closed up +1.03 (+1.77%), and June RBOB gasoline (RBM25 ) closed up +0.0315 (+1.56%). Crude oil and gasoline prices recovered from early losses on Thursday and posted moderate gains. Short covering emerged in crude oil Thursday after US stocks rallied sharply, which boosted...

Barchart

Crude Prices Recover as Risk-On Sentiment Improves in Asset Markets

June WTI crude oil (CLM25 ) today is up +0.41 (+0.70%), and June RBOB gasoline (RBM25 ) is up +0.0196 (+0.97%). Crude oil and gasoline prices today recovered from early losses and are moderately higher. Short covering emerged in crude oil today after US stocks rallied sharply, which boosted risk-on...

Barchart

Crude Prices Plunge on Reports Saudi Arabia Can Sustain a Period of Low Oil Prices

June WTI crude oil (CLM25 ) Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25 ) closed down -0.0393 (-1.91%). Crude oil and gasoline prices on Wednesday extended this week’s sharp losses, with crude sinking to a 3-week low and gasoline tumbling to a 2-week low. Concerns about global...

Barchart

Is HRW the Next WTI?

Back in 2025, WTI crude oil famously fell below $0, setting the standard for overwhelmingly bearish commodity markets. With that, another look at the 2025 HRW wheat market.

Barchart

TotalEnergies Profits Drop As Prices Slide

TotalEnergies boosted crude oil production by two percent from the first quarter of 2024, but that wasn't enough to compensate for nine percent drop in the international reference price.

International Business Times

Crude Oil Prices Fall Sharply on Energy Demand Concerns

June WTI crude oil (CLM25 ) Tuesday closed down -1.63 (-2.63%), and June RBOB gasoline (RBM25 ) closed down -0.0368 (-1.76%). Crude oil and gasoline prices on Tuesday fell sharply, with crude dropping to a 1-1/2 week low. Tuesday's weaker-than-expected US job openings and consumer confidence reports were negative for...

Barchart

'Absolutely dreadful': Local representatives react to Grangemouth refinery's last day

LOCAL representatives have called the last day of crude oil production at the Grangemouth oil refinery an “absolutely dreadful day” for Scotland…

The National (Scotland)

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Barchart

Weak US Economic Reports Weigh on Crude Oil Prices

June WTI crude oil (CLM25) today is down -1.07 (-1.72%), and June RBOB gasoline (RBM25) is down -0.0331 (-1.58%). Crude oil and gasoline prices today are sharply lower, with crude dropping to a 1-1/2 week low. Today's weaker-than-expected US job openings and consumer confidence reports were negative for economic growth...

The National (Scotland)

Grangemouth refinery officially ceases processing crude oil

The Grangemouth refinery has now ceased processing crude oil, its owner Petroineos has confirmed

Latin Times

Utah Family Arrested For Aiding Suspected Cartel Members Smuggle $300M Worth Of Crude Oil Into The U.S.

A Utah family is making headlines after being arrested and indicted on federal charges in connection with a scheme to smuggle crude oil from Mexico

Barchart

Crude Prices Post Moderate Losses on US-China Trade War and Iranian Nuclear Negotiations

June WTI crude oil (CLM25 ) Monday closed down -0.97 (-1.54%), and June RBOB gasoline (RBM25 ) closed down -0.0134 (-0.64%). Crude oil and gasoline prices posted moderate losses on Monday. Oil prices fell because of concern that the US-China trade war would persist after President Trump said the US...

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Barchart

Crude Prices Pressured by US-China Trade War and Iranian Nuclear Negotiations

June WTI crude oil (CLM25 ) today is down -1.09 (-1.73%), and June RBOB gasoline (RBM25 ) is down -0.0184 (-0.87%). Crude oil and gasoline prices today are sharply lower. Oil prices are lower on concern that the US-China trade war will persist after President Trump said the US would...

Barchart

Crude Prices Moderately Higher on Hopes of De-Escalation of Tariffs

June WTI crude oil (CLM25 ) Friday closed up +0.23 (+0.37%), and June RBOB gasoline (RBM25 ) closed up +0.0109 (+0.52%). Crude oil and gasoline prices settled moderately higher on Friday. The hope that the US-China trade war would de-escalate gave crude prices a boost after Bloomberg reported that the...

Roll Call

Trump’s false claims about gas, egg prices - Roll Call

President Donald Trump's comments on the price of eggs and gasoline have not reflected the current prices of both products.

Barchart

Crude Prices Dip on Dollar Strength and Concern the US-China Trade War Persists

June WTI crude oil (CLM25 ) today is down -0.10 (-0.16%), and June RBOB gasoline (RBM25 ) is up +0.0067 (+0.32%). Crude oil and gasoline prices today are mixed. Today's stronger dollar is weighing on energy prices. Crude prices are also under pressure on concern the China-US trade war will...

Barchart

Dollar Weakness and Stock Gains Lift Crude Prices

June WTI crude oil (CLM25 ) Thursday closed up +0.52 (+0.84%), and June RBOB gasoline (RBM25 ) closed up +0.0220 (+1.06%). Crude oil and gasoline prices on Thursday posted moderate gains. Thursday's weaker dollar supported energy prices. Also, Thursday's stock strength shows confidence in the economic outlook supporting energy demand....

Barchart

Crude Moderately Higher on Dollar Weakness and Stock Gains

June WTI crude oil (CLM25 ) today is up +0.21 (+0.34%), and June RBOB gasoline (RBM25) is up +0.0069 (+0.33%). Crude oil and gasoline prices today are moderately higher. Today's weaker dollar (DXY00 ) is supporting energy prices. Also, today's strength in stocks shows confidence in the economic outlook that...

Barchart

Crude Prices Fall on Fears of Global Oversupply

June WTI crude oil (CLM25 ) Wednesday closed down -1.40 (-2.20%), and June RBOB gasoline (RBM25 ) closed down -0.0165 (-0.79%). Crude oil and gasoline prices on Wednesday fell back from 2-1/2 week highs and settled moderately lower. Wednesday's stronger dollar is bearish for energy prices. Crude also came under...

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