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The Latest Breaking News from OPEC

Tough Negotiations And Uncertainty Ahead Of OPEC+ Meeting

Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered.

International Business Times

Crude Oil Prices Plunge on Report Saudi Arabia Wants to Speed Up Production Hikes

October WTI crude oil (CLV25 ) is down -1.91 (-3.01%), and October RBOB gasoline (RBV25 ) is down -0.0576 (-2.87%). Crude oil and gasoline prices are sharply lower after a report that Saudi Arabia wants OPEC+ to speed up production hikes. Oil prices are also lower due to concerns about...

Barchart

Crude Oil Prices Fall as Weekly EIA Crude Inventories Unexpectedly Build

October WTI crude oil (CLV25 ) today is down -0.54 (-0.84%), and October RBOB gasoline (RBV25 ) is down -0.0020 (-0.10%). Crude oil and gasoline prices today are mixed, with crude falling to a 2-week low. Crude prices today added to Wednesday's losses on concerns of a global oil supply...

Barchart

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Crude Oil Prices Sharply Lower as OPEC+ Considers a Crude Production Increase

October WTI crude oil (CLV25 ) on Wednesday closed down -1.62 (-2.47%), and October RBOB gasoline (RBV25 ) closed down -0.0308 (-1.51%). Crude oil and gasoline prices retreated on Wednesday due to concerns of a global oil supply glut following a report from Reuters that OPEC+ is considering an increase...

Barchart

Crude Oil Prices Tumble as OPEC+ May Boost Crude Production

October WTI crude oil (CLV25 ) today is down -1.75 (-2.67%), and October RBOB gasoline (RBV25 ) is down -0.0301 (-1.47%). Crude oil and gasoline prices are falling sharply today on concerns of a global oil supply glut following a report from Reuters that OPEC+ is considering an increase in...

Barchart

Crude Prices Rally as Global Oil Supplies Tighten

October WTI crude oil (CLV25 ) on Tuesday closed up +1.58 (+2.47%), and October RBOB gasoline (RBV25 ) closed up +0.0739 (+3.75%). Crude oil and gasoline prices on Tuesday rallied sharply and posted 1-month highs. Concerns over tighter global oil supplies are pushing crude prices higher after Ukraine's attacks on...

Barchart

Crude Prices Climb on Signs of Tighter Global Supplies

October WTI crude oil (CLV25 ) today is up +1.26 (+1.97%), and October RBOB gasoline (RBV25 ) is up +0.0660 (+3.35%). Crude oil and gasoline prices are sharply higher today and posted 1-month highs. Concerns over tighter global oil supplies are pushing crude prices higher today after Ukraine's attacks on...

Barchart

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Crude Prices Settle Lower on Energy Demand Concerns

October WTI crude oil (CLV25 ) on Friday closed down -0.59 (-0.91%), and October RBOB gasoline (RBV25 ) closed down -0.0213 (-1.07%). Crude oil and gasoline prices moved lower on Friday as a slide in stocks prompted a risk-off sentiment in asset markets. Also, Friday's weaker-than-expected global economic news was...

Barchart

Crude Prices Fall on Risk-Off Sentiment in Asset Markets

October WTI crude oil (CLV25 ) today is down -0.55 (-0.85%), and October RBOB gasoline (RBV25 ) is down -0.0184 (-0.92%). Crude oil and gasoline prices are under pressure today as a slide in stocks has prompted a risk-off sentiment in asset markets. Also, today's weaker-than-expected global economic news is...

Barchart

Crude Prices Recover on Geopolitical Concerns

October WTI crude oil (CLV25 ) on Thursday closed up +0.45 (+0.70%), and October RBOB gasoline (RBV25 ) closed up +0.0220 (+1.12%). Crude oil and gasoline prices recovered from early losses on Thursday and settled higher as short covering emerged following German Chancellor Merz's statement that a meeting between Russian...

Barchart

Easing Global Supply Concerns Weigh on Crude Prices

October WTI crude oil (CLV25 ) today is down -0.33 (-0.51%), and October RBOB gasoline (RBV25 ) is down -0.0122 (-0.62%). Crude oil and gasoline prices are under pressure today, with gasoline falling to a 1-week low. Global crude supply concerns have eased and are weighing on prices after Russia...

Barchart

Crude Prices Settle Higher as Supplies Tighten

October WTI crude oil (CLV25 ) on Wednesday closed up +0.90 (+1.42%), and October RBOB gasoline (RBV25 ) closed up +0.0135 (+0.69%). Crude oil and gasoline prices recovered from early losses on Wednesday and settled higher as short covering emerged after the weekly EIA report showed that weekly crude inventories...

Barchart

Crude Prices Recover as Weekly EIA Crude Inventories Fall More than Expected

October WTI crude oil (CLV25 ) today is up +0.31 (+0.49%), and October RBOB gasoline (RBV25 ) is up +0.0037 (+0.19%). Crude oil and gasoline prices recovered from early losses today and are posting moderate gains as short covering pushed prices higher after the weekly EIA report showed declines in...

Barchart

Crude Prices Fall Sharply as Global Oil Supply Concerns Ease

October WTI crude oil (CLV25 ) on Tuesday closed down -1.55 (-2.39%), and October RBOB gasoline (RBV25 ) closed down -0.0370 (-1.86%). Crude oil and gasoline prices retreated on Tuesday as global crude supply concerns eased after Russia said one of its largest refineries will soon restart after repairs were...

Barchart

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Crude Prices Retreat as Global Oil Supply Concerns Ease

October WTI crude oil (CLV25 ) today is down -1.20 (-1.85%), and October RBOB gasoline (RBV25 ) is down -0.0330 (-1.65%). Crude oil and gasoline prices today are moving lower as global crude supply concerns eased after Russia said one of its largest refineries will soon restart after repairs were...

Barchart

Crude Prices Settle Sharply Higher on Geopolitical Risks and Possible Fed Rate Cut

October WTI crude oil (CLV25 ) on Monday closed up +1.14 (+1.79%), and October RBOB gasoline (RBV25 ) closed down -0.0021 (-0.11%). Crude oil and gasoline prices on Monday settled mixed, with crude posting a 2.5-week high. Crude oil prices have support from doubts about negotiations for an end to...

Barchart

Crude Prices Supported by Geopolitical Risks and Possible Fed Rate Cut

October WTI crude oil (CLV25 ) today is up +0.98 (+1.54%), and October RBOB gasoline (RBV25 ) is up +0.0083 (+0.42%). Crude oil and gasoline prices are moving higher today, with crude posting a 2.5-week high and gasoline posting a 3-week high. Crude oil prices have support from doubts about...

Barchart

Crude Oil Finishes Higher as the Dollar Weakens and Stocks Rally

October WTI crude oil (CLV25 ) on Friday closed up +0.14 (+0.22%), and October RBOB gasoline (RBV25 ) closed up +0.0066 (+0.33%). Crude oil and gasoline prices on Friday settled higher, with crude posting a 2-week high and gasoline posting a 3-week high. Friday's plunge in the dollar index (DXY00...

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Barchart

Dollar Weakness and Strong Equity Markets Support Crude Oil Prices

October WTI crude oil (CLV25 ) today is up +0.07 (+0.11%), and October RBOB gasoline (RBV25 ) is down -0.0019 (-0.10%). Crude oil and gasoline prices today are mixed, with crude climbing to a 2-week high. Today's plunge in the dollar index (DXY00 ) to a 1-week low is bullish...

Barchart

Crude Oil Rallies on Tighter Inventories and Signs of Stronger Energy Demand

October WTI crude oil (CLV25 ) on Thursday closed up +0.81 (+1.29%), and October RBOB gasoline (RBV25 ) closed up +0.0281 (+1.43%). Crude oil and gasoline prices rallied on Thursday, with crude posting a 2-week high and gasoline posting a 2.5-week high. Crude and gasoline have carryover support from Wednesday,...

Barchart

Crude Prices Supported by Tighter Supplies and Strength in Global Manufacturing

October WTI crude oil (CLV25 ) today is up +0.34 (+0.54%), and October RBOB gasoline (RBV25 ) is up +0.0224 (+1.14%). Crude oil and gasoline prices today are climbing, with crude posting a 1.5-week high and gasoline posting a 2.5-week high. Crude and gasoline have carryover support from Wednesday, when...

MarketBeat

3 Energy Stocks That Could Rally If the Oil Bears Are Wrong

Oil bears may be too crowded; if demand surprises higher, Chevron, Exxon, and Schlumberger could see strong upside as oil prices rally

Barchart

Crude Oil Prices Climb as Weekly US EIA Inventories Decline

September WTI crude oil (CLU25 ) on Wednesday closed up +0.86 (+1.38%), and September RBOB gasoline (RBU25 ) closed up +0.0393 (+1.88%). Crude oil and gasoline prices rallied on Wednesday, with gasoline posting a 2-week high. Dollar weakness on Wednesday was supportive for energy prices. Crude and gasoline also found...

Barchart

Crude Prices Supported by Dollar Weakness and Tighter US Supplies

September WTI crude oil (CLU25 ) today is up +0.59 (+0.95%), and September RBOB gasoline (RBU25 ) is up +0.0225 (+1.08%). Crude oil and gasoline prices are moving higher today, with gasoline posting a 2-week high. Dollar weakness today is supportive for energy prices. Crude and gasoline also found support...

The Conversation

How can Western countries back up Palestine recognition with action? Here are 4 ways to pressure Israel

Italian Defence Minister Guido Crosetto said recently the Israeli cabinet has “lost its reason and humanity” in Gaza, reflecting a widespread view around the world.

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