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

Higher oil prices and robust energy demand are primary drivers for sustained growth in domestic oil production this year, propelling the demand for energy services. Hence, it could be wise to buy fundamentally solid energy stocks NOW (DNOW), MRC Global (MRC), and Solaris Oilfield (SOI) this week for potential gains.…

Asian shares are mostly higher as a plunge in oil prices aided a recovery on Wall Street

November WTI crude oil (CLX23 ) on Wednesday closed down -5.01 (-5.61%), and Nov RBOB gasoline (RBX23 ) closed down -16.21 (-6.87%). Nov WTI crude oil and gasoline prices on Wednesday sold off sharply, with crude falling to a 5-week low and gasoline tumbling to a 9-1/2 month low. Wednesday's...

November WTI crude oil (CLX23 ) this morning is down -3.88 (-4.35%), and Nov RBOB gasoline (RBX23 ) is down -12.93 (-5.48%). Nov WTI crude oil and gasoline prices this morning are sharply lower, with crude falling to a 1-month low and gasoline tumbling to a 9-month low. Today's weaker-than-expected...

Tight supplies amid extended output cuts by Saudi and Russia and soaring oil demand worldwide are expected to feed into higher oil and gas prices this year and beyond. Amid this backdrop, let’s find out if energy ETFs Energy Select Sector SPDR ETF (XLE) and iShares U.S. Energy ETF (IYE)…

Recent oil production cuts and dwindling inventories are pushing oil prices to multi-month highs. As a result, investors could benefit from investing in fundamentally strong energy stocks PBF Energy (PBF), Energy Transfer (ET), and Shell plc (SHEL) this week. Read on….

November WTI crude oil (CLX23 ) on Monday closed down -1.97 (-2.17%), and Nov RBOB gasoline (RBX23 ) closed up +1.27 (+0.53%). Nov WTI crude oil and gasoline prices on Monday settled mixed. Monday's rally in the dollar index to a 10-month high was bearish for energy prices. Crude prices...

November WTI crude oil (CLX23 ) this morning is down -1.39 (-1.43%), and Nov RBOB gasoline (RBX23 ) is up +1.41 (+0.59%). Nov WTI crude oil and gasoline prices this morning are mixed. Today's rally in the dollar index to a 10-month high is bearish for energy prices. However, today's...

November WTI crude oil (CLX23 ) on Friday closed down -0.92 (-1.00%), and Nov RBOB gasoline (RBX23 ) closed down -6.67 (-2.70%). Nov WTI crude oil and gasoline prices Friday retreated, with gasoline tumbling to a 4-1/2 month low. Crude prices were under pressure after Friday’s weaker-than-expected global economic news...

November WTI crude oil (CLX23 ) this morning is down -0.65 (-0.71%), and Nov RBOB gasoline (RBX23 ) is down -5.51 (-2.23%). Nov WTI crude oil and gasoline prices this morning are moving lower, with gasoline tumbling to a 4-1/2 month low. Crude prices are under pressure after today’s weaker-than-expected...

Brent crude oil surpassed $97 per barrel on Thursday, edging toward the 100 dollar mark which was last hit more than a year ago