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The Latest Breaking News from OPEC

Crude Prices Settle Lower on Chinese Energy Demand Concerns

August WTI crude oil (CLQ24 ) on Monday closed down -0.30 (-0.36%), and Aug RBOB gasoline (RBQ24 ) closed down -2.37 (-0.94%). Crude oil and gasoline prices Monday were under pressure, with gasoline falling to a 4-week low. Weak economic news from China, the world's second-largest crude consumer, weighed on...

Barchart

Crude Prices Undercut by Chinese Energy Demand Concerns

August WTI crude oil (CLQ24 ) today is down -0.20 (-0.24%), and Aug RBOB gasoline (RBQ24 ) is down -2.44 (-0.97%). Crude oil and gasoline prices today are under pressure, with gasoline falling to a 4-week low. Weak economic news from China, the world's second-largest crude consumer, is weighing on...

Barchart

Crude Gives up Early Gains as US Consumer Sentiment Unexpectedly Falls

August WTI crude oil (CLQ24 ) Friday closed down -0.41 (-0.50%), and Aug RBOB gasoline (RBQ24 ) closed down -0.25 (-0.10%). Crude oil and gasoline prices Friday gave up an early advance and closed moderately lower. Crude prices gave up an early rally Friday and turned lower after the US...

Barchart

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Crude Gains on Dollar Weakness and Tighter US Oil Supplies

August WTI crude oil (CLQ24 ) today is up +0.63 (+0.76%), and Aug RBOB gasoline (RBQ24 ) is up +0.74 (+0.29%). Crude oil and gasoline prices today are posting moderate gains. Today's slide in the dollar index to a 5-week low is bullish for energy prices. Crude also has carryover...

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Dollar Weakness and Tight US Oil Supplies Push Crude Prices Higher

August WTI crude oil (CLQ24 ) Thursday closed up +0.52 (+0.64%), and Aug RBOB gasoline (RBQ24 ) closed up +1.44 (+0.58%). Crude oil and gasoline prices posted moderate gains on Thursday. The slump in the dollar index (DXY00 ) on Thursday to a 1-month low is bullish for energy prices....

Barchart

3 Undervalued Energy Stocks Poised for a Comeback

As the energy sector navigates the complexities of fluctuating oil prices and shifting global demand, some undervalued stocks show signs of potential resurgence. Therefore, Energy Transfer (ET), VAALCO Energy (EGY), and Obsidian Energy (OBE), each trading under $20, might be solid buys now to capitalize on the current oil market…

StockNews.com

Crude Prices Supported by Dollar Weakness and Tighter US Supplies

August WTI crude oil (CLQ24 ) today is up +0.47 (+0.57%), and Aug RBOB gasoline (RBQ24 ) is up +1.79 (+0.72%). Crude oil and gasoline prices today are moderately higher. Today's slump in the dollar index to a 1-month low is bullish for energy prices. Crude also has carryover support...

Barchart

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Crude Settles Higher as Weekly EIA Inventories Fall

August WTI crude oil (CLQ24 ) Wednesday closed up +0.69 (+0.85%), and Aug RBOB gasoline (RBQ24 ) closed down -2.40 (-0.95%). Crude oil and gasoline prices settled mixed on Wednesday. Crude prices Wednesday rebounded from a 1-1/2 week low and moved higher after weekly EIA crude inventories unexpectedly declined. Also,...

Barchart

Crude Rallies as Weekly EIA Stockpiles Draw Down

August WTI crude oil (CLQ24 ) today is up +1.00 (+1.23%), and Aug RBOB gasoline (RBQ24 ) is up +0.21 (+0.08%). Crude oil and gasoline prices today recovered from early losses and are moderately higher. Crude prices rebounded from a 1-1/2 week low today and moved higher after weekly EIA...

Barchart

Crude Closes Lower on Little Hurricane Damage to Texas Oil Infrastructure

August WTI crude oil (CLQ24 ) Tuesday closed down -0.92 (-1.12%), and Aug RBOB gasoline (RBQ24 ) closed down -1.05 (-0.41%). Crude oil and gasoline prices Tuesday fell to a 1-week low and closed moderately lower. Crude oil prices fell after the landfall of Hurricane Beryl in Texas on Monday...

Barchart

Donald Trump’s oil baron lovefest wins over a Nikki Haley supporter and his cash

With his finances drained by legal woes, Trump is now engaging in increasingly brazen efforts to win both big-money backers and non-Republican voters

The Independent UK

Crude Falls on Little Hurricane Damage to Texas Oil Infrastructure

August WTI crude oil (CLQ24 ) today is down -0.33 (-0.40%), and Aug RBOB gasoline (RBQ24 ) is up +0.40 (+0.16%). Crude oil and gasoline prices today are mixed, with crude falling to a 1-week low. A stronger dollar today is weighing on crude prices. Also, the landfall of Hurricane...

Barchart

Crude Settles Lower as Hurricane Beryl Misses Gulf Oil Operations

August WTI crude oil (CLQ24 ) on Monday closed down -0.83 (-1.00%), and Aug RBOB gasoline (RBQ24 ) closed down -2.12 (-0.83%). Crude oil and gasoline prices Monday posted moderate losses. A stronger dollar on Monday was bearish for crude prices. Also, concerns receded that Hurricane Beryl would impede oil...

Barchart

3 Value Stocks With Dividend Yields Above 4%

Value stocks tend to perform well during economic recoveries and periods of market volatility, making them a good option for long-term investors seeking stability and growth. Additionally, these stocks often pay dividends, offering an additional income stream. Hence, fundamentally solid value stocks Enterprise Products (EPD), Energy Transfer (ET), and Organon…

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Crude Erases Early Gains and Settles Lower on Energy Demand Concerns

August WTI crude oil (CLQ24 ) on Friday closed down -0.72 (-0.86%), and Aug RBOB gasoline (RBQ24 ) closed down -4.22 (-1.62%). Crude oil and gasoline prices Friday gave up early gains and closed moderately lower. Crude prices retreated Friday on US energy demand concerns after the June payroll report...

Barchart

Crude Gains on Dollar Weakness and Tight Supplies

August WTI crude oil (CLQ24 ) today is up +0.56 (+0.67%), and Aug RBOB gasoline (RBQ24 ) is up +1.72 (+0.66%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 2-1/2 month high and gasoline posting a 2-month high. Today's decline in the dollar index...

Evening Standard

Global oil price circles two-month high stoking petrol cost fears

Motorist groups say previous drops in crude oil prices not fully passed on

Barchart

Crude Rallies as the Dollar Weakens and EIA Inventories Plunge

August WTI crude oil (CLQ24 ) on Wednesday closed up +1.07 (+1.29%), and Aug RBOB gasoline (RBQ24 ) closed up +2.79 (+1.08%). Crude oil and gasoline prices Wednesday moved higher after the dollar index (DXY00 ) fell to a 3-week low. Crude added to its gains Wednesday after the weekly...

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Crude Erases Early Gains on US Economic Concerns

August WTI crude oil (CLQ24 ) today is down -0.14 (-0.17%), and Aug RBOB gasoline (RBQ24 ) is down -2.83 (-1.10%). Crude oil and gasoline prices today gave up an early advance and turned lower on US economic concerns after weekly continuing unemployment claims rose to a 2-1/2 year high,...

Barchart

Crude Prices Close Lower as Russian Crude Exports Rebound

August WTI crude oil (CLQ24 ) on Tuesday closed down -0.57 (-0.68%), and Aug RBOB gasoline (RBQ24 ) closed down -0.49 (-0.19%). Crude oil and gasoline prices closed moderately lower on Tuesday. Crude prices Tuesday retreated from a 2-1/2 month high and turned lower after Russian crude exports rebounded to...

Barchart

Crude Prices Underpinned by Tight Supplies and Middle East Tensions

August WTI crude oil (CLQ24 ) on Monday closed up +1.84 (+2.26%), and Aug RBOB gasoline (RBQ24 ) closed up +7.68 (+3.07%). Crude oil and gasoline prices Monday rallied, with crude climbing to a 2-month high. The outlook for declining US crude output is propping up oil prices after last...

StockNews.com

3 Energy Stocks With High Q2 Earnings Growth Estimates

Recent crude oil price surges, robust demand, and supply concerns due to rising geopolitical instability and extended OPEC+ production cuts are creating strong tailwinds for the energy sector. Hence, quality energy stocks, Baker Hughes (BKR), Energy Transfer (ET), and Cenovus Energy (CVE), with high Q2 earnings growth estimates, could be…

Barchart

Crude Rallies on Dollar Weakness and Middle East Tensions

August WTI crude oil (CLQ24 ) today is up +1.14 (+1.40%), and Aug RBOB gasoline (RBQ24 ) is up +6.06 (+2.42%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 2-month high. Dollar weakness today is bullish for energy prices. Also, heightened tensions in the...

Barchart

Crude Prices Slip on Tepid Global Energy Demand

August WTI crude oil (CLQ24 ) on Friday closed down -0.20 (-0.24%), and Aug RBOB gasoline (RBQ24 ) closed down -2.53 (-1.00%). Crude oil and gasoline prices Friday settled moderately lower. Crude prices Friday fell back from a 1-3/4 month high and turned lower on concerns about global energy demand....

Barchart

Crude Gives Up Early Gains on Global Energy Demand Concerns

August WTI crude oil (CLQ24 ) today is down -0.29 (-0.35%), and Aug RBOB gasoline (RBQ24 ) is down -1.78 (-0.70%). Crude oil and gasoline prices today are moderately lower. Crude prices today fell back from a 1-3/4 month high and turned lower on concerns about global energy demand. Crude...

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