The Latest Breaking News from crude oil

May WTI crude oil (CLK24 ) on Monday closed down -0.29 (-0.35%), and May RBOB gasoline (RBK24 ) closed down -2.49 (-0.92%). Crude and gasoline prices on Monday posted moderate losses, with gasoline falling to a 6-week low. The main bearish factor for crude prices Monday was an easing of...

The energy sector’s prospects are boosted by escalating geopolitical tensions and tight supplies arising from production cuts. Therefore, quality energy stocks Precision Drilling Corporation (PDS), VAALCO Energy (EGY), and Adams Resources & Energy (AE) could be solid buys, as they look likely to soar beyond expectations. Read on.

May WTI crude oil (CLK24 ) this morning is down -0.35 (-0.42%), and May RBOB gasoline (RBK24 ) is -2.66 (-0.98%). Crude and gasoline prices this morning are moderately lower, with gasoline falling to a 6-week low. A stronger dollar today is undercutting energy prices. Crude prices also fell as...

After a volatile week in crude oil futures, Friday saw slightly higher prices at the close. However, for the week, crude oil fell for the second time in two weeks. Two nuclear-armed countries fired missiles and drones upon each other for the first time in history. The US will be…

May WTI crude oil (CLK24 ) on Friday closed up +0.41 (+0.50%), and May RBOB gasoline (RBK24 ) closed down -0.34 (-0.13%). Crude and gasoline prices on Friday settled mixed. Crude prices spiked more than +$3 a barrel in overnight trade on escalation of Middle East tensions after US officials...

May WTI crude oil (CLK24 ) this morning is up +0.39 (+0.47%), and May RBOB gasoline (RBK24 ) is up +0.34 (+0.13%). Crude and gasoline prices this morning are moderately higher. Crude prices spiked more than +$3 a barrel in overnight trade on escalation of Middle East tensions after US...

May WTI crude oil (CLK24 ) on Thursday closed up +0.04 (+0.05%), and May RBOB gasoline (RBK24 ) closed down -1.50 (-0.55%). Crude and gasoline prices on Thursday settled mixed, with crude rebounding from a 3-week low and gasoline falling to a 2-week low. A stronger dollar Thursday weighed on...

Geopolitical tensions and a potential disruption in supply are boosting the energy sector’s prospects. However, a slowdown in the global economy and a delay in interest rate cuts pose demand concerns for the sector. Let's analyze the investment prospects of Occidental Petroleum (OXY) and Exxon Mobil (XOM).

I joined Michelle Rook on Agweb's Markets Now earlier today to discuss the soybean, corn, and wheat markets. We also chatted about the U.S. dollar, oil, the stock market, and cattle prices.

May WTI crude oil (CLK24 ) this morning is down -0.51 (-0.62%), and May RBOB gasoline (RBK24 ) is down -2.36 (-0.86%). Crude and gasoline prices this morning extended Wednesday's losses, with crude sliding to a 3-week low and gasoline falling to a 2-week low. A stronger dollar today is...

China increases crude oil storage capacity to secure energy reserves amidst global uncertainties.