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The Latest Breaking News from crude oil

Crude Prices Slip Alongside Equity Prices

May WTI crude oil (CLK24 ) this morning is down -0.81 (-0.94%), and May RBOB gasoline (RBK24 ) is down -0.28 (-0.10%). Crude and gasoline prices this morning are moderately lower. The weakness in equity markets today is undercutting confidence in the economic outlook, which is negative for energy demand...

Barchart

US Gulf Coast Heavy Crude Oil Prices Firm Amid Supply Shortage

Learn about the strengthening US Gulf Coast heavy crude oil prices due to supply constraints and increased demand, impacting stakeholders in the oil industry.

Top News

1 High-Yield Energy Stock Hitting New Highs This April

Kinder Morgan's robust dividend payout is just one reason to consider this standout midstream stock as crude oil prices climb.

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Escalating Middle East Tensions Underpin Crude Prices

May WTI crude oil (CLK24 ) on Friday closed up +0.32 (+0.37%), and May RBOB gasoline (RBK24 ) closed down -0.56 (-0.20%). Crude and gasoline prices on Friday settled mixed, with crude posting a 5-1/4 month high as escalating tensions in the Middle East could lead to oil supply disruptions....

Barchart

Grain Update: Will the Corn, Wheat, and Soybean Markets Continue to Rally?

I joined Michelle Rook this morning on AgWeb's Markets Now to discuss the corn, wheat, and soybean markets. We also discussed today's jobs report, the rise in gold and oil prices, as well as interest rates and the livestock markets.

Barchart

Crude Prices Underpinned by Escalating Middle East Tensions

May WTI crude oil (CLK24 ) this morning is up +0.67 (+0.77%), and May RBOB gasoline (RBK24 ) is up +1.45 (+0.52%). Crude and gasoline prices this morning extended this week's rally, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. Gains in crude today are...

Barchart

Crude Rallies on Dollar Weakness and Geopolitical Risks in Middle East

May WTI crude oil (CLK24 ) on Thursday closed up +1.16 (+1.36%), and May RBOB gasoline (RBK24 ) closed up +3.33 (+1.21%). Crude and gasoline prices Thursday recovered from early losses and moved higher, with crude climbing to a 5-1/4 month high and gasoline climbing to a 7-month high. Thursday's...

Barchart

Crude Oil Prices Consolidate This Week's Rally

May WTI crude oil (CLK24 ) this morning is down -0.21 (-0.25%), and May RBOB gasoline (RBK24 ) is down -0.59 (-0.21%). Crude and gasoline prices this morning are slightly lower as they consolidate this week's rally that pushed crude up to a 5-1/4 month high and gasoline to a...

Barchart

3 Energy Stocks to Invest in for April Gains

With robust oil and gas demand, government support, and the incorporation of technologies like IoT and data analytics, the energy sector seems well-placed to grow and evolve considerably. Thus, it could be wise to invest in quality energy stocks Petróleo Brasileiro (PBR), Phillips (PSX), and VAALCO Energy (EGY) for potential…

StockNews.com

Crude Ends Higher as OPEC+ Maintains its Crude Production Cuts

May WTI crude oil (CLK24 ) on Wednesday closed up +0.28 (+0.33%), and May RBOB gasoline (RBK24 ) closed up +0.20 (+0.07%). Crude and gasoline prices Wednesday settled moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. A weaker dollar on Wednesday was supportive...

Barchart

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Crude Gains as OPEC+ Maintains its Crude Production Cuts

May WTI crude oil (CLK24 ) this morning is up +0.75 (+0.88%), and May RBOB gasoline (RBK24 ) is up +2.56 (+0.93%). Crude and gasoline prices this morning are moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. A weaker dollar today is supportive...

The Hindu

India to build first commercial crude oil strategic storage

India, the world’s third biggest oil consumer and importer, plans to build its first commercial crude oil strategic storage as part of efforts to shore up stockpiles as insurance against any supply disruption.

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Crude Prices Strengthen on Geopolitical Risks and Improved Global Energy Demand

May WTI crude oil (CLK24 ) on Tuesday closed up +1.44 (+1.72%), and May RBOB gasoline (RBK24 ) closed up +4.89 (+1.80%). Crude and gasoline prices Tuesday settled moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar on Tuesday was supportive...

Barchart

Crude Prices Firm on Geopolitical Risks and Strength in Global Energy Demand

May WTI crude oil (CLK24 ) this morning is up +1.07 (+1.28%), and May RBOB gasoline (RBK24 ) is up +2.32 (+0.86%). Crude and gasoline prices this morning are moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar today is supportive...

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Crude Prices Close Higher on Positive US and US and Chinese Economic Reports

May WTI crude oil (CLK24 ) on Monday closed up +0.45 (+0.65%), and May RBOB gasoline (RBK24 ) closed down -1.06 (-0.39%). Crude and gasoline prices on Monday settled mixed, with crude climbing to a 5-month high. Signs of strength in US and Chinese energy demand pushed crude prices higher...

Barchart

Crude Prices Climb on Positive US and US and Chinese Reports

May WTI crude oil (CLK24 ) this morning is up +0.95 (+1.14%), and May RBOB gasoline (RBK24 ) is up +0.24 (+0.09%). Crude and gasoline prices this morning are moderately higher, with crude climbing to a 5-month high. Signs of strength in US and Chinese energy demand are pushing crude...

Barchart

Crude Rallies on Stronger-Than-Expected US Economic Reports

May WTI crude oil (CLK24 ) on Thursday closed up +1.82 (+2.24%), and May RBOB gasoline (RBK24 ) closed up +4.87 (+1.82%). Crude and gasoline prices Thursday settled moderately higher, with crude posting a 1-week high. Thursday's stronger-than-expected US economic reports signaled strength in the economy that was bullish for...

Barchart

Crude Rallies on Strength in the US Economy

May WTI crude oil (CLK24 ) this morning is up +1.23 (+1.51%), and May RBOB gasoline (RBK24 ) is up +2.94 (+1.10%). Crude and gasoline prices this morning are moderately higher, with crude climbing to a 1-week high. Today's mostly stronger-than-expected US economic reports signal strength in the economy that...

Barchart

Crude Prices Fall on Bearish Weekly EIA Report

May WTI crude oil (CLK24 ) on Wednesday closed down -0.27 (-0.33%), and May RBOB gasoline (RBK24 ) closed down -1.34 (-0.50%). Crude and gasoline prices on Wednesday posted mild losses, with gasoline falling to a 1-1/2 week low. A stronger dollar on Wednesday was bearish for energy prices. Also,...

Barchart

Crude Prices Fall after EIA Crude and Gasoline Inventories Unexpectedly Climb

May WTI crude oil (CLK24 ) this morning is down -0.27 (-0.33%), and May RBOB gasoline (RBK24 ) is down -2.39 (-0.89%). Crude and gasoline prices this morning are moderately lower, with gasoline falling to a 1-1/2 week low. A stronger dollar today is bearish for energy prices. Also, today's...

Barchart

Dollar Strength and Increased Russian Fuel Exports Undercuts Crude

May WTI crude oil (CLK24 ) on Tuesday closed down -0.33 (-0.40%), and May RBOB gasoline (RBK24 ) closed down -4.31 (-1.58%). Crude and gasoline prices on Tuesday closed moderately lower, with gasoline falling to a 1-week low. A stronger dollar (DXY00 ) Tuesday weighed on energy prices. Also, an...

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