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The Latest Breaking News from crude oil

Crude Prices Rally on Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23 ) on Monday closed up +1.22 (+1.51%), and Sep RBOB gasoline (RBU23 ) closed up +0.79 (+0.27%). Crude oil and gasoline prices Monday settled moderately higher, with crude posting a 3-1/2 month high. Recent supply cuts from OPEC+ and Russia are underpinning crude oil prices....

Barchart

Sugar Prices Follow Crude Oil Higher

Oct NY world sugar #11 (SBV23 ) on Monday closed +0.19 (+0.79%), and Oct London white sugar #5 (SWV23 ) closed +4.80 (+0.71%). Sugar prices Monday posted moderate gains. Strength in crude oil (CLU23) supported sugar prices after WTI crude on Monday rallied more than +1% to a 3-1/2 month...

Barchart

Crude Prices Underpinned by Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.01 (+1.25%), and Sep RBOB gasoline (RBU23 ) is down -0.93 (-0.42%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-1/2 month high. Crude prices are underpinned by recent supply cuts from OPEC+ and...

Barchart

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Oil Prices Hit $80, Sparking 5-Week Winning Streak: 5 Must-Watch Oil ETFs To Ride The Wave

Crude oil has gained five weeks in a row, almost undetected by investors who are completely focused on the stock market surge fueled by AI stocks and the significant reduction in inflation

Zenger

Crude Settles Higher on Dollar Weakness and U.S. Energy Demand Optimism

September WTI crude oil (CLU23 ) on Friday closed up +0.49 (+0.61%), and Sep RBOB gasoline (RBU23 ) closed up +0.61 (+0.21%). Crude oil and gasoline prices Friday posted moderate gains, with crude climbing to a 3-1/4 month high and gasoline climbing to a 9-month high. A weaker dollar Friday...

Barchart

Crude Pushes Higher on Dollar Weakness and Easing U.S. Price Pressures

September WTI crude oil (CLU23 ) this morning is up +0.11 (+0.14%), and Sep RBOB gasoline (RBU23 ) is up +3.04 (+1.06%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting a 9-month high. A weaker dollar today is bullish for energy prices. Crude prices also...

Barchart

3 Energy Stocks to Watch With Strong Momentum

The dwindling crude oil supply and heightened demand for oil and gas may establish a continual upswing for the energy sector. The market conditions have helped energy stocks Chevron Corporation (CVX), Kinder Morgan (KMI), and PBF Energy (PBF) gain robust momentum lately. Read on….

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Crude Rallies on U.S. Energy Demand Optimism

September WTI crude oil (CLU23 ) on Thursday closed up +1.31 (+1.66%), and Sep RBOB gasoline (RBU23 ) closed up +4.13 (+1.45%). Crude oil and gasoline prices Thursday rallied moderately, with crude posting a 3-1/4 month high and gasoline posting a 9-month high. Signs of U.S. economic strength that is...

Barchart

Crude Moves Higher on U.S. Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.23 (+1.56%), and Sep RBOB gasoline (RBU23 ) is up +1.99 (+0.70%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 3-1/4 month high and gasoline posting a 9-month high. Signs of U.S. economic strength...

Barchart

France's TotalEnergies starts drilling for oil in Uganda

French oil giant TotalEnergies has started drilling oil wells in Uganda as part of the massive East African Crude Oil Pipeline project that has been opposed by environmental and human rights groups.

Radio France Internationale

Crude Settles Lower on a Smaller-Than-Expected Draw in Weekly EIA Supplies

September WTI crude oil (CLU23 ) on Wednesday closed down -0.85 (-1.07%), and Sep RBOB gasoline (RBU23 ) closed up +4.39 (+1.57%). Crude oil and gasoline prices on Wednesday settled mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's action Wednesday...

Barchart

Crude Under Pressure on a Smaller-Than-Expected Draw in EIA Inventories

September WTI crude oil (CLU23 ) this morning is down -0.23 (-0.29%), and Sep RBOB gasoline (RBU23 ) is up +5.32 (+1.89%). Crude oil and gasoline prices this morning are mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's expected 25...

Barchart

Crude Moves Higher on Improved Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) on Tuesday closed up +0.89 (+1.13%), and Sep RBOB gasoline (RBU23 ) closed down -4.28 (-1.51%). Crude oil and gasoline prices Tuesday settled mixed, with crude posting a 3-month nearest-futures high. Crude found support Tuesday on optimism of stronger Chinese energy demand after China...

Barchart

Crude Gains on the Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) this morning is up +0.61 (+0.77%), and Sep RBOB gasoline (RBU23 ) is down -4.46 (-1.57%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-month nearest-futures high. Crude found support today after China signaled further measures to bolster...

Barchart

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Crude Prices Underpinned by Tight Global Supplies

September WTI crude oil (CLU23 ) on Monday closed up +1.67 (+2.17%), and Sep RBOB gasoline (RBU23 ) closed up +8.24 (+2.99%). Crude oil and gasoline prices Monday moved sharply higher, with crude posting a 3-month nearest-futures high and gasoline posting a 9-month high. Crude prices are underpinned by the...

Barchart

Crude Rallies on Tight Global Supplies and Technical Buying

September WTI crude oil (CLU23 ) this morning is up +1.84 (+2.39%), and Sep RBOB gasoline (RBU23 ) is up +8.77 (+3.18%). Crude oil and gasoline prices this morning are sharply higher, with crude rallying to a 3-month nearest-futures high and gasoline climbing to a 9-month high. Crude prices are...

Barchart

Crude Prices Jump on Tightness in Global Supplies

September WTI crude oil (CLU23) on Friday closed up +1.42 (+1.88%), and Sep RBOB gasoline (RBU23) closed up +6.00 (+2.22%). Crude oil and gasoline prices Friday settled moderately higher, with gasoline posting a 3-month nearest-futures high. Crude prices are underpinned by the outlook for tighter crude supplies after news this...

Barchart

Sugar Prices Push Higher on Strength in Crude Oil and Brazilian Real

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.34 (+1.38%), and Oct London white sugar #5 (SWV23 ) closed +12.70 (+1.84%). Sugar prices Friday rallied to 1-month highs and closed moderately higher. Strength in the Brazilian real is bullish for sugar prices after the real on Friday climbed...

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Barchart

Crude Prices Underpinned by Tightness in Global Supplies

September WTI crude oil (CLU23) this morning is up +0.89 (+1.18%), and Sep RBOB gasoline (RBU23) is up +4.87 (+1.81%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting to a 3-month nearest-futures high. Crude prices are underpinned by the outlook for tighter crude supplies after...

Barchart

Crude Settles Higher on the Outlook for Tighter Global Supplies

August WTI crude oil (CLQ23 ) on Thursday closed up +0.28 (+0.37%), and Aug RBOB gasoline (RBQ23) closed up +2.27 (+0.83%). Crude oil and gasoline prices on Thursday posted moderate gains, with gasoline climbing to a 3-month nearest-futures high. Crude prices Thursday moved higher on the outlook for tighter crude...

Barchart

Dollar Strength Weighs on Crude Oil Prices

August WTI crude oil (CLQ23 ) this morning is down -0.42 (-0.56%), and Aug RBOB gasoline (RBQ23 ) is down -1.42 (-0.59%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower on a rally in the dollar index (DXY00 ) to a 1-week...

Barchart

Crude Gives Up Early Gains on Dollar Strength

August WTI crude oil (CLQ23 ) on Wednesday closed down -0.40 (-0.53%), and Aug RBOB gasoline (RBQ23 ) closed up +2.61 (+0.97%). Crude oil and gasoline prices Wednesday settled mixed, with gasoline climbing to a 3-month nearest-futures high. Crude prices Wednesday gave up an early advance and turned lower on...

Barchart

Crude Prices Gain as Russian Oil Shipments Fall

August WTI crude oil (CLQ23 ) this morning is up +0.29 (+0.38%), and Aug RBOB gasoline (RBQ23 ) is up +2.70 (+1.00%). Crude oil and gasoline prices this morning are moderately higher, with gasoline climbing to a 3-month nearest-futures high. The outlook for tighter crude supplies is boosting oil prices...

StockNews.com

3 Energy Stocks with Massive Growth Opportunities

With a resurgent global energy demand amid increased summer travel and constrained supplies, fundamentally strong energy stocks Weatherford International (WFRD), North European Oil Royalty Trust (NRT), and Euronav (EURN) could generate solid returns given their impressive growth prospects. Read on….

Barchart

Crude Settles Sharply Higher on Tight Oil Supplies

August WTI crude oil (CLQ23 ) on Tuesday closed up +1.60 (+2.16%), and Aug RBOB gasoline (RBQ23 ) closed up +6.27 (+2.38%). Crude oil and gasoline prices Tuesday rallied sharply, with gasoline posting a 1-1/2 month nearest-futures high. The outlook for tighter crude supplies is boosting oil prices ahead of...

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