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The Latest Breaking News from OPEC

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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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

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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...

Barchart

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

MarketBeat

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...

Barchart

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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.

The Conversation

Crude Prices Slip on Prospects to End the War in Ukraine

September WTI crude oil (CLU25 ) on Tuesday closed down -1.07 (-1.69%), and September RBOB gasoline (RBU25 ) closed down -0.0097 (-0.46%). Crude oil prices retreated on Tuesday on signs of progress in Ukraine peace talks, which could pave the way for fewer restrictions on Russian crude exports. Tuesday's stronger...

Barchart

Crude Prices Pressured by Signs of Progress in Ukrainian Peace Talks

September WTI crude oil (CLU25 ) today is down -0.62 (-0.98%), and September RBOB gasoline (RBU25 ) is down -0.0011 (-0.05%). Crude oil prices are under pressure today on signs of progress in Ukraine peace talks, which could pave the way for fewer restrictions on Russian crude exports. Losses in...

Barchart

Crude Prices Gain on Doubts About an Early End to Russian-Ukrainian War

September WTI crude oil (CLU25 ) on Monday closed up +0.62 (+0.99%), and September RBOB gasoline (RBU25 ) closed up +0.0262 (+1.26%). Crude oil prices on Monday settled higher on speculation that there will be no resolution to the Russian-Ukrainian war anytime soon, which could lead to secondary sanctions on...

Barchart

Crude Oil Little Changed Ahead of Trump-Zelenskiy Meeting

September WTI crude oil (CLU25 ) today is down -0.02 (-0.03%), and September RBOB gasoline (RBU25 ) is down -0.0003 (-0.01%). Crude oil prices are little changed today. Dollar strength today is bearish for energy prices. Price moves in crude oil are limited as the market awaits today's meeting between...

Barchart

Crude Oil Closes Lower Ahead of Trump-Putin Summit

September WTI crude oil (CLU25 ) on Friday closed down -1.16 (-1.81%), and September RBOB gasoline (RBU25 ) closed down -0.00329 (-1.56%). Crude oil prices during Friday's futures session were on the defensive ahead of the afternoon Trump-Putin summit, which began after the futures markets settled. Before the summit, President...

Barchart

Crude Oil Lower Ahead of Today's Trump-Putin Summit

September WTI crude oil (CLU25 ) is down -0.71 (-1.11%), and September RBOB gasoline (RBU25 ) is down -0.0244 (-1.16%). Crude oil prices are on the defensive ahead of today's Trump-Putin summit, which will reportedly begin at around 3 pm ET, according to Reuters, after the US oil futures market...

Barchart

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Fortune

Oil and fuel prices hang in the balance of Trump and Putin peace talks

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.

Barchart

Crude Oil Rallies Ahead of Friday's Trump-Putin Summit

September WTI crude oil (CLU25 ) today is up +1.07 (+1.71%), and September RBOB gasoline (RBU25 ) is up +0.0377 (+1.82%). Crude oil prices today are sharply higher on some short-covering ahead of Friday's Trump-Putin summit. President Trump has said he will proceed with high tariffs on countries that buy...

Barchart

Crude Oil Falls on Bearish Weekly Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25) on Wednesday closed down -0.52 (-0.82%), and September RBOB gasoline (RBU25) closed down -0.0040 (-0.19%). Crude oil prices on Wednesday fell due to a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency....

Barchart

Crude Oil Falls on Bearish EIA Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25 ) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25 ) is down -0.0266 (-1.29%). Crude oil prices are sharply lower today on a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy...

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Barchart

Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus

September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0022 (-0.11%). Crude oil prices on Tuesday fell on the possibility of progress at the Trump-Putin summit in Alaska on Friday regarding the Russia-Ukraine war, which could result in reduced...

Barchart

Crude Oil Trades Lower Ahead of Friday's Trump-Putin Summit

September WTI crude oil (CLU25) today is down -0.70 (-1.09%), and September RBOB gasoline (RBU25) is down -0.044 (-0.21%). Crude oil prices are trading lower in light summer trading on the possibility of progress in the Trump-Putin summit in Alaska on Friday, which could result in reduced sanctions on Russian...

Barchart

Crude Prices Recover Early Losses on Doubts Over Ukraine Peace Plan

September WTI crude oil (CLU25 ) on Monday closed up +0.08 (+0.13%), and September RBOB gasoline (RBU25 ) closed down -0.095 (-0.46%). Crude oil and gasoline prices on Monday settled mixed. Crude prices were under pressure Monday from a stronger dollar, as the dollar index (DXY00 ) rose to a...

Barchart

Crude Prices Pressured on Hopes of an End to the Russian-Ukrainian War

September WTI crude oil (CLU25 ) today is down -0.09 (-0.14%), and September RBOB gasoline (RBU25 ) is down -0.172 (-0.82%). Crude oil and gasoline prices today are under pressure from a stronger dollar, as the dollar index (DXY00 ) rose to a 1-week high. Also, expectations that the US...

Barchart

Crude Prices Supported by Doubts About Ukrainian Peace Plan

September WTI crude oil (CLU25 ) on Friday closed unchanged, and September RBOB gasoline (RBU25 ) closed up +0.086 (+0.41%). Crude oil and gasoline prices on Friday settled mixed. Crude finished the session little changed but had support from doubts about whether a US peace plan to end the Russian-Ukraine...

Barchart

Crude Prices Pressured on Possible End to Russian-Ukraine War

September WTI crude oil (CLU25 ) today is down -0.30 (-0.47%), and September RBOB gasoline (RBU25 ) is down -0.014 (-0.07%). Crude oil and gasoline prices dropped to 2-month lows today after Bloomberg News reported that the US and Russia are looking to reach a deal on ending the war...

Barchart

Possible End to the Russian-Ukraine War Weighs on Crude Prices

September WTI crude oil (CLU25 ) on Thursday closed down -0.47 (-0.73%), and September RBOB gasoline (RBU25 ) closed down -0.129 (-0.62%). Crude oil and gasoline prices settled lower on Thursday, but crude remained above Wednesday's 2-month low. The dollar's strength on Thursday pressured crude prices along with the possible...

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