The Latest Breaking News from crude oil

July WTI crude oil (CLN25 ) today is up +1.88 (+2.62%), and July RBOB gasoline (RBN25 ) is up +0.0286 (+1.29%). Crude oil prices are sharply higher today on the increase in Middle East tensions after President Trump downplayed the prospects for an early end to the Israel-Iran war. Today's...

Technical traders should watch this key chart level for crude oil as the commodity responds to geopolitical headlines.

The latest escalation in tensions between Israel and Iran is arguably the most significant among a slew of flare ups, involving both state and non-state actors, in West Asia in the last two years. Even if these conflicts have been seen as the spillover of the Gaza conflict, each one…

July WTI crude oil (CLN25 ) is up +4.20 (+6.17%), and July RBOB gasoline (RBN25 ) is up +0.0825 (-3.85%). Crude oil prices initially soared by +11% after news that Israel launched a major military strike on Iran, although prices have since fallen back and are currently up about +6%....

JPMorgan fears crude oil could hit a high of $130 a barrel, causing U.S. inflation to return to 5% in a worst-case scenario.

The underlying fear is not only a reduction in Iranian oil supply but also a broader disruption in the Strait of Hormuz, the world's most important passage point for crude oil transportation, which connects the Gulf of Oman with the Persian Gulf and is a vital shipping route for Middle…

July WTI crude oil (CLN25 ) Thursday closed down -0.11 (-0.16%), and July RBOB gasoline (RBN25 ) closed down -0.0239 (-1.10%). Crude oil and gasoline prices on Thursday erased an early rally and turned lower as the latest tariff threats from President Trump sparked long liquidation in energy futures. Crude...

July WTI crude oil (CLN25) today is down -0.53 (-0.78%), and July RBOB gasoline (RBN25 ) is down -0.0240 (-1.11%). Crude oil and gasoline prices erased an early rally and turned lower as the latest tariff threats from President Trump sparked long liquidation in energy futures. Crude prices today initially...

July WTI crude oil (CLN25 ) Wednesday closed up +3.17 (+4.88%), and July RBOB gasoline (RBN25 ) closed up +0.0788 (+3.77%). Crude oil and gasoline prices rallied sharply on Wednesday, with crude posting a 2-1/4 month high and gasoline posting a 3-week high. Wednesday's weaker dollar was supportive of energy...