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

Crude Settles Lower on Global Energy Demand Concerns

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...

Barchart

Crude Prices Retreat on Global Energy Demand Concerns

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...

Barchart

Oil prices edge higher as global demand reignites inflation worries

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

The Independent UK

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Crude Prices Fall Back on Weaker-Than-Expected U.S. Economic News

November WTI crude oil (CLX23 ) this morning is down -0.60 (-0.64%), and Nov RBOB gasoline (RBX23 ) is down -0.307 (-1.20%). Nov WTI crude oil and gasoline prices this morning are moderately lower, with crude prices falling back from a 13-month high. Weaker-than-expected U.S. economic news today sparked energy...

Barchart

The 2 immovable forces behind $100-per-barrel oil

Oil prices are expected to near that threshold into next summer.

Fortune

Oil prices jump again leading to energy cost fears

OIL prices jumped to near year highs today, prompting talk that inflation could return and already hard-pressed motorists could be squeezed yet further.

Evening Standard

Crude Oil Prices Fuel NOV, IBD Stock Of The Day, Back Above Buy Point

Stock Of The Day: NOV ran above a buy point as crude prices jumped. It's part of the No. 3 ranked Oil & Gas-Machinery/Equipment group.

Investors Business Daily

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Top 3 Energy Stocks With Promising Prospects

Globally, the energy demand is rising. In turn, this is bolstering the demand for energy services. Moreover, the growing adoption of sustainable energy sources is also expected to propel the demand for energy services. Therefore, it could be wise to buy fundamentally strong energy stocks ChampionX (CHX), NCS Multistage (NCSM),…

StockNews.com

These Oil Majors May Be Ready For A Promotion As Crude Prices Keep Rising

ExxonMobil and other oil majors are near buy zones as crude oil prices march higher.

Investors Business Daily

3 Inexpensive Energy Stocks to Buy Before October

Rising crude oil prices and higher well productivity are expected to boost domestic oil production this year and beyond, creating high-growth opportunities for companies providing energy services. Amid this backdrop, it could be wise to invest in quality energy stocks Liberty Energy (LBRT), ProPetro (PUMP), and Matrix Service (MTRX) for…

StockNews.com

Crude Prices Finish Higher on Expectations of Tighter Global Supplies

November WTI crude oil (CLX23 ) on Tuesday closed up +0.71 (+0.79%), and Nov RBOB gasoline (RBX23 ) closed up +1.32 (+0.53%). Nov WTI crude oil and gasoline prices Tuesday posted moderate gains on concern that global oil supplies will remain tight for the foreseeable future. Crude prices also moved...

Barchart

Crude Prices Supported by Expectations Global Supplies to Remain Tight

November WTI crude oil (CLX23 ) this morning is up +0.51 (+0.57%), and Nov RBOB gasoline (RBX23 ) is down -1.87 (-0.75%). Nov WTI crude oil and gasoline prices this morning are mixed, with gasoline dropping to a 3-week low. Concerns that global oil supplies will remain tight for the...

Barchart

Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war

Oil prices are up, and that affects people far and wide

The Independent UK

Tight Global Supplies Boost Crude Prices

November WTI crude oil (CLX23 ) on Friday closed up +0.40 (+0.45%), and Nov RBOB gasoline (RBX23 ) closed down -5.62 (-2.19%). Nov WTI crude oil and gasoline prices on Friday settled mixed, with gasoline falling to a 2-week low. A rally in the dollar index today to a 6-1/2...

Barchart

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Fortune

JPMorgan's energy guru Malek warns oil prices are headed to $100 per barrel. 'Put your seatbelts on, it's going to be a very volatile supercycle'

Lower investment in new oil production and production cuts by many producers will lead to higher crude prices for years to come, a JPMorgan analyst warns.

Barchart

Crude Prices Underpinned by Tight Global Supplies

November WTI crude oil (CLX23 ) this morning is up +0.81 (+0.90%), and Nov RBOB gasoline (RBX23 ) is down -1.29 (-0.50%). Nov WTI crude oil and gasoline prices this morning are mixed. A rally in the dollar index today to a 6-1/2 month high is bearish for energy prices....

Barchart

Crude Gives Up Early Gains as Stocks Tumble

November WTI crude oil (CLX23 ) on Thursday closed down -0.03 (-0.03%), and Nov RBOB gasoline (RBX23 ) closed down -0.26 (-0.10%). Nov WTI crude oil and gasoline prices on Thursday whipsawed throughout the day and finally settled with modest losses. An early rally in the dollar index (DXY00 )...

Barchart

Crude Gains After Russia Bans Gasoline and Diesel Exports

November WTI crude oil (CLX23 ) this morning is up +0.83 (+0.93%), and Nov RBOB gasoline (RBX23 ) is up +1.96 (+0.76%). Nov WTI crude oil and gasoline prices this morning shook off early losses and are moderately higher after Russia banned gasoline and diesel exports, further tightening global fuel...

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Barchart

Crude Gives up Early Gains on a Hawkish Fed

October WTI crude oil (CLV23 ) on Wednesday closed down -0.92 (-1.01%), and Oct RBOB gasoline (RBV23 ) closed down -3.89 (-1.46%). Oct WTI crude oil and gasoline prices Wednesday gave up early gains and posted moderate losses after the Federal Reserve raised its estimate for interest rates next year,...

StockNews.com

3 Energy Stocks to Track for Momentum

Extended production cuts by major oil-producing nations and rising global oil demand have led to higher oil and pump gas prices. Thus, it could be wise to monitor leading energy stocks Archrock (AROC), Halliburton (HAL), and Newpark Resources (NR), which have been displaying solid momentum. Read more….

Barchart

Crude Prices Gain on a Bullish Weekly EIA Report

October WTI crude oil (CLV23 ) this morning is up +0.23 (+0.25%), and Oct RBOB gasoline (RBV23 ) is down -1.15 (-0.43%). Oct WTI crude oil prices this morning are mixed, with gasoline falling to a 1-week low. A weaker dollar today is supportive of energy prices. Also, crude prices...

Fortune

Chevron CEO says we're headed for oil at $100—but is confident consumers can handle it

Why are gas prices so expensive? When will gas get cheaper? Where can you get the cheapest gas? Here's what you need to know.

Fortune

Top analyst Ed Yardeni raises the odds of recession to 25% citing oil prices rising to $94 and a potential repeat of 1970s-style stagflation

If oil prices rise to and remain above $100 per barrel, Yardeni fears we could see a repeat of the inflationary 1970s.

Barchart

Crude Prices Post 10-1/2 Month High on Tight Supply Outlook But Then Fall Back

October WTI crude oil (CLV23 ) on Tuesday closed -0.28 (-0.31%), and Oct RBOB gasoline (RBV23 ) closed -3.98 (-1.48%). Oct WTI crude oil prices on Tuesday climbed to a new 10-1/2 month high on the nearest-futures chart, extending the rally seen in the past three months driven by expectations...

Barchart

Crude Prices Post 10-1/2 Month High on Tight Supply Outlook

October WTI crude oil (CLV23 ) today is up +1.45 (+1.59%), and Oct RBOB gasoline (RBV23 ) is down -0.0130 (-0.48%). Oct WTI crude oil prices today climbed to a new 10-1/2 month high on the nearest-futures chart, extending the rally seen in the past three months driven by expectations...

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