The Latest Breaking News from crude oil

Robust global demand and constrained supplies aggravated by escalating geopolitical tensions will probably keep oil prices high this year, propelling the energy sector’s growth prospects. Hence, fundamentally sound oil & gas stocks Antero Midstream Corporation (AM), Dorchester Minerals (DMLP), and VAALCO Energy (EGY) could be ideal watchlist additions. Keep reading….

Discover how Iran continues to sell oil despite sanctions, using a network of smugglers known as the Ghost Armada. Learn about the impact on the global eco...

India is benefiting from importing cut-price Russian oil amid European sanctions – and also selling that same oil to EU markets at full price once it has been refined

In this market update, crude oil prices show little reaction to the strikes in Yemen, while banks report their latest financial results. Stay informed with...

February WTI crude oil (CLG24 ) on Thursday closed up +0.65 (+0.91%), and Feb RBOB gasoline (RBG24 ) closed up +4.70 (+2.27%). Crude oil and gasoline prices Thursday settled moderately higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf...

The global oil and gas market is flourishing with increased demand amid an unstable geopolitical backdrop. Hence, fundamentally strong oil & gas stocks Cheniere Energy (LNG), Plains All American Pipeline (PAA), and Hess Midstream (HESM) might be worth buying for positive gains. Read more….

February WTI crude oil (CLG24) this morning is up +1.96 (+2.75%), and Feb RBOB gasoline (RBG24) is up +5.98 (+2.89%). Crude oil and gasoline prices this morning are sharply higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf of...

February WTI crude oil (CLG24 ) on Wednesday closed down -0.87 (-1.20%), and Feb RBOB gasoline (RBG24 ) closed down -0.95 (-0.46%). Crude oil and gasoline prices Wednesday erased an early rally and closed moderately lower. Crude prices retreated after weekly EIA crude inventories unexpectedly rose, and gasoline and distillate...

March NY world sugar #11 (SBH24 ) closed down -0.29 (-1.34%) on Wednesday, and March London ICE white sugar #5 (SWH24) closed down -9.50 (-1.53%). Sugar prices on Wednesday posted moderate losses. Weakness in crude prices weighs on sugar as WTI crude oil (CLG24 ) fell more than -1% on...

The oil and gas industry is well-positioned to experience substantial long-term growth primarily driven by rising energy demand worldwide. As oil prices are projected to remain steady in 2024, it could be wise to buy fundamentally strong oil and gas stocks Western Midstream Partners (WES), Sunoco (SUN), and Adams Resources…

February WTI crude oil (CLG24 ) this morning is up +0.14 (+0.19%), and Feb RBOB gasoline (RBG24 ) is up +0.77 (+0.37%). Crude oil and gasoline prices this morning are modestly higher. Crude prices rose after Houthi rebels carried out one of their largest missile and drone attacks on commercial...