The Latest Breaking News from crude oil

September WTI crude oil (CLU23 ) on Friday closed up +0.86 (+1.07%), and Sep RBOB gasoline (RBU23 ) closed up +0.15 (+0.05%). Crude oil and gasoline prices on Friday settled moderately higher. A weaker dollar Friday was supportive of energy prices. Also, concerns about tight global supplies are bullish for...

September WTI crude oil (CLU23 ) this morning is up +0.28 (+0.35%), and Sep RBOB gasoline (RBU23 ) is up +0.06 (+0.02%). Crude oil and gasoline prices this morning are slightly higher. A weaker dollar today is supportive for energy prices. Also, concerns about tight global supplies is bullish for...

September WTI crude oil (CLU23 ) on Tuesday closed down -1.52 (-1.84%), and Sep RBOB gasoline (RBU23 ) closed down -5.86 (-2.02%). Crude oil and gasoline prices Tuesday closed moderately lower. Crude prices were under pressure Tuesday on concerns about global oil demand after China reported weaker-than-expected industrial activity and...

Oil demand is on track to average 102.2 million barrels per day in 2023, the highest-ever annual level, and profits on processing a barrel of crude oil at a typical U.S. refinery has jumped by about 33% year to date. Here's one way for investors to cash in.

September WTI crude oil (CLU23 ) this morning is down -1.76 (-2.139%), and Sep RBOB gasoline (RBU23 ) is down -2.75 (-0.95%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure today on concerns about global oil demand after China reported weaker-than-expected industrial activity...

September WTI crude oil (CLU23 ) on Monday closed down -0.74 (-0.89%), and Sep RBOB gasoline (RBU23 ) closed down -5.87 (-1.98%). Crude oil and gasoline prices Monday settled moderately lower. Monday's rally in the dollar index (DXY00 ) to a 5-week high pressured energy prices. Also, concerns that a...

The shipping industry looks poised for steady growth amid increasing global demand. To that end, it could be wise to buy fundamentally strong shipping stocks Danaos Corporation (DAC), Tsakos Energy Navigation (TNP), Teekay Corporation (TK), Overseas Shipholding Group (OSG), and Dynagas LNG Partners LP (DLNG). Keep reading.

September WTI crude oil (CLU23 ) this morning is down -0.42 (-0.50%), and Sep RBOB gasoline (RBU23 ) is down -5.78 (-1.95%). Crude oil and gasoline prices this morning are moderately lower. Today's rally in the dollar index (DXY00 ) to a 5-week high pressures energy prices. Also, concerns that...

September WTI crude oil (CLU23 ) on Friday closed up +0.37 (+0.45%), and Sep RBOB gasoline (RBU23 ) closed up +6.02 (+2.07%). Crude oil and gasoline prices Friday posted moderate gains. Crude prices rose Friday after a monthly report from the International Energy Agency (IEA) said global oil demand has...