The Latest Breaking News on Crude Oil Settles Sharply Higher on Heightened Geopolitical Risks

February WTI crude oil (CLG24 ) this morning is up +2.34 (+3.18%), and Feb RBOB gasoline (RBG24 ) is up +4.31 (+2.01%). Crude oil and gasoline prices this morning are sharply higher, with crude posting a 3-week high. A weaker dollar today is supportive of energy prices. Heightened geopolitical risks...

Despite the increasing focus on transitioning away from fossil fuels worldwide, oil demand is expected to remain solid in the coming years. Hence, fundamentally solid energy stocks Baker Hughes (BKR), Sasol (SSL), and CrossAmerica Partners (CAPL) might be ideal buys now. Keep reading.

December WTI crude oil (CLZ23 ) this morning is down -3.32 (-4.33%), and Dec RBOB gasoline (RBZ23 ) is down -0.0807 (-3.67%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 4-month low and gasoline sinking to an 11-month low. Crude prices have a...

The energy industry stands on the cusp of substantial growth, fueled by rising demand and soaring crude oil prices. Given this backdrop, quality oil and gas stocks Energy Transfer LP (ET), Sunoco LP (SUN), and Transportadora de Gas del Sur S.A. (TGS) making fall profits could be solid portfolio additions…

December WTI crude oil (CLZ23 ) on Wednesday closed down -1.60 (-2.04%), and Dec RBOB gasoline (RBZ23 ) closed down -0.0210 (-0.94%). Crude oil and gasoline prices Wednesday settled moderately lower. A stronger dollar Wednesday weighed on energy prices. Crude prices extended their losses after Wednesday's weekly EIA report showed...

December WTI crude oil (CLZ23 ) this morning is down -1.21 (-1.55%), and Dec RBOB gasoline (RBZ23 ) is down -0.0240 (-1.08%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy prices. Crude prices extended their losses after today's weekly EIA...

December WTI crude oil (CLZ23 ) on Tuesday closed unchanged, and Dec RBOB gasoline (RBZ23 ) closed down -0.0131 (-0.59%). Crude oil and gasoline prices Tuesday gave up early gains and settled mixed on global energy demand concerns. Crude oil prices Tuesday initially moved higher, with crude posting a 1-week...

December WTI crude oil (CLZ23 ) this morning is up +0.66 (+0.84%), and Dec RBOB gasoline (RBZ23 ) is up +0.0190 (+0.85%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-week high and gasoline posting a 1-1/2 week high. Today's slump in the dollar...

With robust global demand for oil and gas and constrained supplies further pushing prices higher, the energy industry’s outlook appears bright. Amid this backdrop, it could be wise to invest in fundamentally sound energy stocks Repsol (REPYY), CrossAmerica Partners (CAPL), and Geospace Technologies (GEOS) this month for potential gains. Read…