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The Latest Breaking News from crude oil

Crude Prices Fall after Weekly EIA Crude Inventories Unexpectedly Climb

July WTI crude oil (CLN23 ) this morning is down -0.60 (-0.86%), and July RBOB gasoline (RBN23 ) is down -0.34 (-0.13%). July Nymex natural gas (NGN23 ) is up +0.003 (+0.09%). Crude oil and gasoline prices this morning are mixed. Crude prices gave up an early advance and moved...

Crude Prices Finish Sharply Higher on Hopes for Additional China Stimulus

Crude Prices Finish Sharply Higher on Hopes for Additional China Stimulus

July WTI crude oil (CLN23 ) on Tuesday closed up +2.30 (+3.43%), and July RBOB gasoline (RBN23 ) closed up +7.53 (+3.03%). Crude oil and gasoline prices Tuesday rallied sharply. A slump in the dollar index Tuesday to a 3-week low was bullish for energy prices. Also, the outlook for...

Crude Prices Jump on the Outlook for Additional China Stimulus

Crude Prices Jump on the Outlook for Additional China Stimulus

July WTI crude oil (CLN23 ) this morning is up +2.02 (+3.01%), and July RBOB gasoline (RBN23 ) is up +6.71 (+2.70%). July Nymex natural gas (NGN23 ) is up +0.072 (+3.18%). Crude oil and gasoline prices this morning are sharply higher. A slump in the dollar index today to...

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Crude Prices Fall Sharply after Goldman Sachs Cuts its Crude Price Forecast Again

July WTI crude oil (CLN23 ) on Monday closed down -3.05 (-4.35%), and July RBOB gasoline (RBN23 ) closed down -11.06 (-4.27%). Crude oil and gasoline prices Monday sold off sharply, with crude falling to a 6-week low and gasoline sliding to a 1-week low. A stronger dollar Monday weighed...

Crude Prices Tumble after Goldman Sachs Cuts its Crude Price Forecast Again

July WTI crude oil (CLN23 ) this morning is down -2.25 (-3.21%), and July RBOB gasoline (RBN23 ) is down -9.07 (-3.50%). July Nymex natural gas (NGN23 ) is down -0.021 (-0.93%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 6-week low and...

Pakistan gets first shipment of Russian crude under discount deal

Prime Minister Shehbaz Sharif calls arrival of the Russian crude a ‘transformative day’ for the crisis-ridden country.

Malayali sailors, who were detained in Nigeria, return to an emotional reunion with families

Three Malayali sailors of very large crude oil carrier MT Heroic Idun who were detained by the Nigerian Navy for almost a year had an emotional reunion with their families at the Cochin International Airport on their return via the South African city of Cape Town

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Crude Prices Fall on Energy Demand Concerns in China

Crude Prices Fall on Energy Demand Concerns in China

July WTI crude oil (CLN23 ) on Friday closed down -1.12 (-1.57%), and July RBOB gasoline (RBN23 ) closed down -1.95 (-0.75%). Crude oil and gasoline prices Friday posted moderate losses. A stronger dollar Friday undercut energy prices. Also, concern about weakness in China's energy demand is bearish for crude...

Crude Slightly Lower on Energy Demand Concerns in China

Crude Slightly Lower on Energy Demand Concerns in China

July WTI crude oil (CLN23 ) this morning is down -0.08 (-0.11%), and July RBOB gasoline (RBN23 ) is down -0.16 (-0.06%). July Nymex natural gas (NGN23 ) is down -0.063 (-2.68%). Crude oil and gasoline prices today are slightly lower. A stronger dollar today is undercutting energy prices. Also,...

Crude Prices Fall on Iran Media Reports and Global Energy Demand Concerns

Crude Prices Fall on Iran Media Reports and Global Energy Demand Concerns

July WTI crude oil (CLN23 ) on Thursday closed down -1.24 (-1.71%), and July RBOB gasoline (RBN23 ) closed down -2.85 (-1.08%). Crude oil and gasoline prices this morning gave up an early advance and posted moderate losses on reports that Iran and the U.S. have made progress in talks...

Crude Prices Sink on Global Energy Demand Concerns

Crude Prices Sink on Global Energy Demand Concerns

July WTI crude oil (CLN23 ) this morning is down -2.98 (-4.11%), and July RBOB gasoline (RBN23 ) is down -9.15 (-3.46%). July Nymex natural gas (NGN23 ) is down -0.046 (-1.98%). Crude oil and gasoline prices this morning gave up an early advance and fell sharply on concern that...

What is e-fuel? Synthetic petrol could displace electric vehicles

You can make car fuel without crude oil, but do e-fuels show a visible future for the internal combustion engine?

Evening Standard

Crude Rallies on an Unexpected Decline in Weekly EIA Crude Inventories

Crude Rallies on an Unexpected Decline in Weekly EIA Crude Inventories

July WTI crude oil (CLN23 ) on Wednesday closed up +0.79 (+1.10%), and July RBOB gasoline (RBN23 ) closed up +7.69 (+3.00%). Crude oil and gasoline prices Wednesday closed moderately higher. Signs of stronger Chinese crude demand pushed prices higher, as did a jump in U.S refinery runs to a...

Crude Rallies on Dollar Weakness and an Unexpected Decline in EIA Crude Inventories

Crude Rallies on Dollar Weakness and an Unexpected Decline in EIA Crude Inventories

July WTI crude oil (CLN23 ) this morning is up +1.07 (+1.49%), and July RBOB gasoline (RBN23 ) is up +5.95 (+2.32%). July Nymex natural gas (NGN23 ) is up +0.041 (+1.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar (DXY00 ) today is pushing...

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Crude Prices Slip on Stronger Dollar and Weak Economic News

July WTI crude oil (CLN23) on Tuesday closed down -0.41 (-0.57%), and July RBOB gasoline (RBN23) closed up +3.99 (+1.58%). Crude oil and gasoline prices Tuesday settled mixed. A stronger dollar Tuesday weighed on crude prices. Crude was also under pressure from concerns that a slowdown in the global economy...

Crude Prices Under Pressure from Global Energy Demand Concerns

July WTI crude oil (CLN23 ) this morning is down -0.23 (-0.32%), and July RBOB gasoline (RBN23 ) is up +3.75 (+1.49%). July Nymex natural gas (NGN23 ) is up +0.024 (+1.07%). Crude oil and gasoline prices this morning are mixed. A stronger dollar today is weighing on crude prices....

No Surprise as OPEC+ Trims Production

OPEC, the international oil cartel, meets twice yearly in a formal gathering in Vienna, Austria. The members convene to debate and decide on petroleum production policy for the coming months to balance supply and demand at a price that delivers the most attractive return for oil-producing countries and traditional energy…

OPEC+ -- No Surprise as the Cartel Trims Production

OPEC, the international oil cartel, meets twice yearly in a formal gathering in Vienna, Austria. The members convene to debate and decide on petroleum production policy for the coming months to balance supply and demand at a price that delivers the most attractive return for oil-producing countries and traditional energy…

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Crude Prices Find Support as Saudi Arabia Cuts Crude Production

July WTI crude oil (CLN23 ) on Monday closed up +0.41 (+0.57%), and July RBOB gasoline (RBN23 ) closed up +2.37 (+0.95%). Crude oil and gasoline prices Monday posted moderate gains, with crude climbing to a 1-month high. Crude prices rallied Monday after Saudi Arabia said it would cut its...

Eye on oil: on oil prices and India

The softening in crude oil purchase prices has not percolated to the Indian consumer

Crude Prices Jump as Saudi Arabia Cuts Crude Production

July WTI crude oil (CLN23 ) this morning is up +1.19 (+1.66%), and July RBOB gasoline (RBN23 ) is up +4.01 (+1.60%). July Nymex natural gas (NGN23 ) is up +0.121 (+5.57%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-month high. Crude prices...

Investors Business Daily

Dow Jones Falls, Apple Hits High On 'Flex The Muscles Moment'; Oil Prices Rise On Saudi Cut

The Dow Jones dipped with Apple set to unveil its mixed-reality headset. Oil prices popped on a surprise Saudi cut. Tesla is rising.

The Independent UK

Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway

A spokesperson for Egypt's Suez Canal says a tanker transporting crude oil broke down in the canal, briefly disrupting traffic in the global waterway

Maltese oil tanker breaks down in Egypt’s Suez Canal

A tanker transporting crude oil has broken down in a single-lane part of Egypt's Suez Canal, disrupting traffic in the global waterway.

India's import of Russian oil scales new high in May

India’s import of cheap Russian oil scaled another record and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the U.S., industry data showed. India took 1.96 million barrels a day from Russia, 15% more than the previous according to data from energy cargo tracker…

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