The Latest Breaking News from OPEC

Heightened tensions in the Middle East have ignited a surge in oil prices, casting a spotlight on the energy sector and amplifying its allure. Hence, fundamentally sound energy stocks Sabine Royalty (SBR), Obsidian Energy (OBE), and Energy Transfer (ET), each boasting formidable growth potential, might emerge as opportune buys for…

December WTI crude oil (CLZ24 ) today is up +0.95 (+1.37%), and December RBOB gasoline (RBZ24 ) is up +0.0169 (+0.86%). Crude oil and gasoline prices are climbing today on concern that hostilities in the Middle East may escalate and disrupt crude supplies. There was a report from Axios today...

December WTI crude oil (CLZ24 ) Thursday closed up +0.65 (+0.95%), and December RBOB gasoline (RBZ24 ) closed up +0.0148 (+0.76%). Crude oil and gasoline prices Thursday settled moderately higher. Crude is supported by positive carryover from Wednesday after weekly EIA crude and gasoline inventories unexpectedly declined. Crude is also...

December WTI crude oil (CLZ24 ) today is up +1.07 (+1.56%), and December RBOB gasoline (RBZ24 ) is up +0.0245 (+1.25%). Crude oil and gasoline prices today are moderately higher. Crude is supported by positive carryover from Wednesday after weekly EIA crude and gasoline inventories unexpectedly declined. Crude is also...

December WTI crude oil (CLZ24 ) Wednesday closed up +1.40 (+2.08%), and December RBOB gasoline (RBZ24 ) closed up +0.0411 (+2.14%). Dec crude oil prices Wednesday rallied on a weaker dollar. Also, lingering Middle East tensions are bullish for crude after Israel vowed to strike Iran "very hard" should it...

December WTI crude oil (CLZ24 ) today is up +1.72 (+2.56%), and December RBOB gasoline (RBZ24 ) is up +0.0468 (+2.44%). Dec crude oil prices today are moderately higher. Dollar weakness today is supportive of energy prices. Also, lingering Middle East tensions are supporting crude after Israel vowed to strike...

The outlook for oil demand growth appears promising despite economic uncertainties and worldwide supply deficit. Amid this, investing in quality oil stocks Enterprise Products Partners (EPD), Marathon Oil (MRO), and Plains All American Pipeline (PAA) could be ideal as global demand rebounds. Read more.

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

Former ConocoPhillips economist Marianne Kah on the election: Whether it's Harris or Trump, the outcome likely won't affect oil production.

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared

December WTI crude oil (CLZ24 ) Friday closed up +1.59 (+2.27%), and December RBOB gasoline (RBZ24 ) closed up +0.0447 (+2.25%). Crude and gasoline prices settled moderately higher on Friday, with gasoline posting a 1-week high. Ramped-up Middle East tensions are boosting crude prices. Also, stronger-than-expected global economic news Friday...