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The Latest Breaking News from crude oil

Concerns About Rising Global Oil Supplies Weigh on Crude Prices

July WTI crude oil (CLN25 ) today is down -0.58 (-0.94%), and July RBOB gasoline (RBN25 ) is down -0.0126 (-0.61%). Crude oil and gasoline prices today gave up an early advance and turned lower, with gasoline falling to a 3-week low. Crude prices retreated today amid concerns about a...

Barchart

Crude Prices Rally on Risks to Russian and Iranian Oil Supplies

July WTI crude oil (CLN25 ) Wednesday closed up +0.95 (+1.56%), and July RBOB gasoline (RBN25 ) closed up +0.0152 (+0.74%). Crude oil and gasoline prices rallied Wednesday on concern the US might ramp up sanctions on Russian crude exports since Russian President Putin refuses to agree to a ceasefire...

Barchart

Crude Prices Climb on Possible Sanctions on Russian Oil and Middle East Tensions

July WTI crude oil (CLN25 ) today is up +1.02 (+1.68%), and July RBOB gasoline (RBN25 ) is up +0.0150 (+0.73%). Crude oil and gasoline prices today are climbing on concern the US might ramp up sanctions on Russian crude exports as Russian President Putin refuses to agree to a...

Barchart

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Expectations for Higher OPEC+ Output Weigh on Crude Prices

July WTI crude oil (CLN25 ) Tuesday closed down -0.64 (-1.04%), and July RBOB gasoline (RBN25 ) closed down -0.0275 (-1.32%). Crude oil and gasoline prices on Tuesday settled sharply lower, with gasoline posting a 2-1/2 week low. Tuesday's stronger dollar weighed on energy prices. Crude prices were also under...

Barchart

Crude Prices Pressured by Expectations for OPEC+ to Boost Crude Production

July WTI crude oil (CLN25 ) today is down -0.91 (-1.48%), and July RBOB gasoline (RBN25 ) is down -0.0255 (-1.23%). Crude oil and gasoline prices today are sharply lower, with gasoline falling to a 2-1/2 week low. Today's stronger dollar is weighing on energy prices. Crude prices are also...

Barchart

Utah Family Conspired With Jalisco Cartel in Cross-Border Fuel Scheme, Indictment Says

A Utah family has been arrested and indicted on federal charges in connection with a scheme to smuggle hundreds of millions of dollars in crude oil from Mexico into the United States

Latin Times

Crude Prices Edge Higher on Dollar Weakness and Decline in US Oil Rigs to 3-1/2 Year Low

July WTI crude oil (CLN25 ) Friday closed up +0.33 (+0.54%) and July RBOB gasoline (RBN25 ) closed down -0.0169 (-0.81%). Crude oil and gasoline prices on Friday settled mixed, with gasoline sliding to a 1-week low. Crude prices recovered from a 2-week low Friday and moved higher as the...

Barchart

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Crude Prices Recover Early Losses as the Dollar Sinks

July WTI crude oil (CLN25 ) today is up +0.24 (+0.39%) and July RBOB gasoline (RBN25 ) is down -0.0072 (-0.34%). Crude oil and gasoline prices today are mixed, with gasoline sliding to a 1-week low. Crude prices recovered from a 2-week low today and moved higher as the dollar...

Barchart

Crude Prices Weighed Down by Fears of a Global Supply Glut

July WTI crude oil (CLN25 ) Thursday closed down -0.37 (-0.60%) and July RBOB gasoline (RBN25 ) closed down -0.0127 (-0.60%). Crude oil and gasoline prices on Thursday fell to 1-week lows and settled lower. Thursday's stronger dollar was bearish for energy prices. Also, concerns about a global supply glut...

Barchart

Crude Prices Decline as OPEC+ may Boost Production Again in July

July WTI crude oil (CLN25 ) today is down -0.71 (-1.15%) and July RBOB gasoline (RBN25 ) is down -0.0249 (-1.18%). Crude oil and gasoline prices today are moving lower and posted 1-week lows. Today's stronger dollar is bearish for energy prices. Also, concerns about a global supply glut of...

Barchart

Activists accuse major bank of suppressing protest over controversial African oil pipeline

The 11 activists, who are still detained in prison, are the latest arrests of protesters against the East African Crude Oil Pipeline

The Independent UK

Crude Prices Settle Lower as EIA Crude Inventories Rise to a 10-Month High

July WTI crude oil (CLN25 ) Wednesday closed down -0.46 (-0.74%) and July RBOB gasoline (RBN25 ) closed up +0.0003 (+0.01%). Crude oil prices on Wednesday fell from a 1-month high and turned lower after weekly EIA crude inventories unexpectedly rose to a 10-month high. Crude prices Wednesday initially spiked...

Barchart

Crude Prices Decline as Weekly EIA Inventories Unexpectedly Increase

July WTI crude oil (CLN25) today is down -0.28 (-0.45%) and July RBOB gasoline (RBN25) is down -0.0145 (-0.68%). Crude oil prices today fell from a 1-month high and turned lower after weekly EIA crude inventories unexpectedly rose to a 10-month high. Crude prices today initially spiked higher on escalating...

Barchart

Risk-Off Sentiment in Asset Markets Weighs on Crude Prices

June WTI crude oil (CLM25 ) Tuesday closed down -0.13 (-0.21%) and June RBOB gasoline (RBM25 ) closed up +0.0133 (+0.62%). Crude oil prices on Tuesday posted modest losses as weakness in equity markets sparked risk-off sentiment in asset markets and dampened confidence in the economic outlook and energy demand....

Barchart

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Crude Prices Ease on Energy Demand Concerns

June WTI crude oil (CLM25 ) today is down -0.26 (-0.41%) and June RBOB gasoline (RBM25 ) is up +0.0018 (+0.09%). Crude oil prices today are moving lower as weakness in equity markets has sparked risk-off sentiment in asset markets and dampened confidence in the economic outlook and energy demand....

Barchart

Crude Oil Prices Gain on Dollar Weakens and Doubts Over an Iran Nuclear Deal

June WTI crude oil (CLM25 ) Monday closed up +0.20 (+0.32%) and June RBOB gasoline (RBM25 ) closed down -0.0030 (-0.14%). Crude oil prices on Monday recovered from early losses and settled slightly higher on the decline in the dollar index (DXY00 ) to a 1-week low. Crude also has...

Barchart

What 3 Key ‘Outside’ Commodity Markets Are Telling Us About Grains Prices This Week

The U.S. dollar, Nymex crude oil, and U.S. stock indexes each play key influential roles in determining how grains futures trade.

Barchart

Crude Oil Prices Supported by Dollar Weakness and Iran Nuclear Deal Doubts

June WTI crude oil (CLM25 ) today is up +0.19 (+0.30%) and June RBOB gasoline (RBM25 ) is down -0.00082 (-0.38%). Crude oil prices today recovered from early losses and are moving higher on the decline in the dollar index (DXY00 ) to a 1-week low. Crude also has support...

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Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal

June WTI crude oil (CLM25 ) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25 ) closed up +0.0074 (+0.25%). Crude oil and gasoline prices on Friday settled higher after Iran's foreign minister expressed doubts about the status of nuclear talks with the US. Gains in crude were limited...

Barchart

Crude Prices Rise on Doubts About a US-Iran Nuclear Deal

June WTI crude oil (CLM25 ) today is up +0.49 (+0.80%) and June RBOB gasoline (RBM25 ) is up +0.0012 (+0.06%). Crude oil and gasoline prices are moving higher today after Iran's foreign minister expressed doubts about the status of nuclear talks with the US. Gains in crude are limited...

Barchart

Crude Prices Finish Sharply Lower on Fears of a Global Oil Glut

June WTI crude oil (CLM25 ) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25 ) closed down -0.0356 (-1.64%). Crude oil and gasoline prices fell sharply Thursday after President Trump said the US and Iran are getting closer to a nuclear deal, which could ease sanctions on Iranian...

Barchart

Is There More Downside in Crude Oil?

Nearby June NYMEX crude oil futures prices fell to a $55.30 per barrel low on May 5, just above the most recent $54.67 bottom on April 9. While the energy commodity made a higher low and has rallied, the trend remains bearish, and lower lows could be on the horizon.

Barchart

Crude Prices Tumble as Prospects Improve for a US-Iran Nuclear Deal

June WTI crude oil (CLM25 ) today is down -1.73 (-2.74%) and June RBOB gasoline (RBM25 ) is down -0.0442 (-2.04%). Crude oil and gasoline prices today are sharply lower after President Trump said the US and Iran are getting closer to a nuclear deal, which could ease sanctions on...

Barchart

Market Top Warning: Get Ready to Sell Soybean Oil Futures

Traders will likely unwind long soybean oil, short soybean meal spreads in the near term.

Fortune

Energy private equity patiently waits to pounce and lead the next wave of oil and gas M&A amid crude oil, tariff chaos

Tariffs and weak oil prices have ground deal making to a halt, but private equity has the dry powder ready to fire as the turmoil subsides.

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