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The Latest Breaking News from crude oil

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

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

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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...

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

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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...

Barchart

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….

StockNews.com

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...

Barchart

Sugar Settles Mixed as Crude Prices Jump

Oct NY world sugar #11 (SBV23 ) on Tuesday closed +0.06 (+0.25%), and Oct London white sugar #5 (SWV23 ) closed -3.30 (-0.49%). Sugar prices Tuesday settled mixed. A +2% rally in WTI crude oil (CLQ23 ) Tuesday supported sugar prices. Higher crude prices benefit ethanol prices and may prompt...

Barchart

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Crude Gains on Tight Oil Supplies and Economic Optimism

August WTI crude oil (CLQ23 ) this morning is up +1.31 (+1.77%), and Aug RBOB gasoline (RBQ23 ) is up +4.71 (+1.79%). Crude oil and gasoline prices this morning are moderately higher, with gasoline climbing to a 1-1/2 month nearest-futures high. The outlook for tighter crude supplies is lifting oil...

StockNews.com

Is Momentum on the Rise for Exxon Mobil (XOM)?

While energy stocks have struggled to deliver stable returns, let us analyze if leading oil producer Exxon Mobil (XOM) has managed to maintain its momentum. Keep reading.

Barchart

Crude Retreats as Libya Restarts Production and Chinese Growth Disappoints

August WTI crude oil (CLQ23 ) on Monday closed down -1.27 (-1.68%), and Aug RBOB gasoline (RBQ23 ) closed down -1.20 (-0.45%). Crude oil and gasoline prices Monday posted moderate losses on weaker-than-expected Chinese economic reports and the restart of crude oil production in Libya as protesters left oilfields Crude...

Barchart

Sugar Prices Fall Back on Crude Oil Weakness and Brazil Harvest Pressures

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.52 (-2.14%), and Oct London white sugar #5 (SWV23 ) closed -16.30 (-2.38%). Sugar prices Monday closed lower after WTI crude oil fell more than -1% on Monday. Weaker crude prices undercut ethanol prices and may prompt global sugar mills...

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Barchart

Crude Slides as Libya Restarts Production and Chinese Growth Disappoints

August WTI crude oil (CLQ23 ) this morning is down -0.62 (-0.82%), and Aug RBOB gasoline (RBQ23 ) is down -1.84 (-0.70%). Crude oil and gasoline prices this morning are moderately lower. Bearish factors include (1) a stronger dollar, (2) the restart of crude oil production in Libya as protesters...

Barchart

Crude Falls on a Stronger Dollar and Technical Selling

August WTI crude oil (CLQ23 ) on Friday closed down -1.47 (-1.91%), and Aug RBOB gasoline (RBQ23 ) closed down -3.49 (-1.30%). Crude oil and gasoline prices Friday posted moderate losses. Crude oil prices were undercut as the dollar index recovered from a 15-month low and moved higher. Also, technical...

Barchart

Crude Prices Slip on Dollar Strength and Technical Selling

August WTI crude oil (CLQ23 ) this morning is down -1.15 (-1.50%), and Aug RBOB gasoline (RBQ23 ) is down -2.13 (-0.280). Crude oil and gasoline prices this morning are moderately lower. A reversal in the dollar today weighed on energy prices after the dollar index (DXY00 ) recovered from...

Bangkok Post

Oil Prices Predicted to Recover Amidst Global Economic Rebound

The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a…

Barchart

Crude Pushes Higher on Concern About Tighter Global Oil Supplies

August WTI crude oil (CLQ23 ) Thursday closed up +1.14 (+1.50%), and Aug RBOB gasoline (RBQ23 ) closed up +1.16 (+0.43%). Crude oil and gasoline prices Thursday added to this week's gains, with crude posting a 2-1/2 month nearest-futures high and gasoline posting a 3-week high. The action by Libya...

Barchart

Crude Gains on Dollar Weakness and Stronger Chinese Demand

August WTI crude oil (CLQ23 ) this morning is up +0.44 (+0.58%), and Aug RBOB gasoline (RBQ23 ) is up +0.11 (+0.04%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 2-1/2 month nearest-futures high and gasoline posting a 3-week high. The selloff in the...

Barchart

Crude Oil Prices Higher on Dollar Weakness and Strength in Stocks

August WTI crude oil (CLQ23 ) on Wednesday closed up +0.92 (+1.23%), and Aug RBOB gasoline (RBQ23 ) closed up +4.43 (+1.69%). Crude oil and gasoline prices Wednesday settled moderately higher, with crude climbing to a 3-1/4 month nearest-futures high and gasoline rising to a 3-week high. The selloff in...

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