The Latest Breaking News from crude oil

The energy demand has been rising globally, boosting the demand for energy services. Moreover, the energy services industry is expected to benefit from the transition to cleaner energy sources. Amid this backdrop, it could be wise to buy fundamentally strong stocks REX American Resources (REX), Profire Energy (PFIE), and NCS…

November WTI crude oil (CLX23 ) this morning is down -2.76 (-3.21%), and Nov RBOB gasoline (RBX23 ) is down -5.89 (-2.61%). Nov WTI crude oil and gasoline prices this morning are sharply lower on signs the war between Israel and Hamas will have a limited impact on oil flows...

Surging crude oil prices and solid energy demand worldwide will likely incentivize operators to produce more oil and natural gas, creating growth opportunities for companies providing energy drilling services. So, let’s look at captivating energy stocks Patterson-UTI (PTEN), Helmerich & Payne (HP), and Precision Drilling (PDS), which investors have been…

November WTI crude oil (CLX23 ) on Tuesday closed down -0.41 (-0.47%), and Nov RBOB gasoline (RBX23 ) closed up +2.03 (+0.91%). Nov WTI crude oil and gasoline prices on Tuesday settled mixed, with crude giving back some of Monday's surge. Profit-taking emerged in crude Tuesday after the IMF cut...

November WTI crude oil (CLX23 ) today is down -0.90 (-1.04%), and Nov RBOB gasoline (RBX23 ) is down -0.12 (-0.05%). Nov WTI crude oil and gasoline prices this morning are moderately lower as prices give back some of Monday's surge. Profit-taking emerged in crude today after the IMF cut...

November WTI crude oil (CLX23 ) on Monday closed up +3.59 (+4.34%), and Nov RBOB gasoline (RBX23 ) closed up +4.59 (+2.09%). Nov WTI crude oil and gasoline prices on Monday closed sharply higher. Renewed instability in the Middle East pushed crude prices sharply higher after Hamas militants attacked Israel...

March NY world sugar #11 (SBH24 ) on Monday closed +0.44 (+1.65%), and Dec London white sugar #5 (SWZ23 ) closed +11.90 (+1.68%). Sugar prices on Monday rallied to 2-week highs and closed moderately higher on a surge of more than +3% in crude oil prices. (CLX3 ) Strength in...

WTI crude jumps 5.3% as Hamas launches rockets on Israel, raising concerns of potential supply disruptions.

November WTI crude oil (CLX23 ) this morning is up +3.29 (+3.97%), and Nov RBOB gasoline (RBX23 ) is up +5.27 (+2.40%). Nov WTI crude oil and gasoline prices this morning are sharply higher. Renewed instability in the Middle East has pushed crude prices sharply higher after Hamas militants attacked...

The case has been made the WTI crude oil market is broken. While global players continue to create chaos, the market's structure provides an interesting answer.

November WTI crude oil (CLX23 ) on Friday closed up +0.48 (+0.58%), and Nov RBOB gasoline (RBX23 ) closed up +0.32 (+0.15%). Nov WTI crude oil and gasoline prices Friday posted moderate gains. Bullish factors included a weaker dollar and the outlook for global crude supplies to remain tight. Also,...