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The Latest Breaking News from crude oil

It's All About the Crude Oil Insiders Knowing Something We Don't

Peter Lynch had a fantastic run managing the Magellan Fund, using the basic concept that equity investors should only buy a stock if they understand the business and are confident of holding it through market turbulence. Futures markets can be as rewarding. Traders only need to respect what the brilliant…

Crude Gains on US Economic Strength and Tighter Global Supplies

Crude Gains on US Economic Strength and Tighter Global Supplies

February WTI crude oil (CLG25 ) today is up +0.79 (+1.07%), and February RBOB gasoline (RBG25 ) is up +0.0026 (+0.13%). Crude oil and gasoline prices today are moderately higher. Stronger-than-expected US economic news today shows economic strength and supports energy demand and crude prices. Also, falling Russian crude exports...

Crude Oil Erases Early Gains on Long Liquidation Pressure

Crude Oil Erases Early Gains on Long Liquidation Pressure

February WTI crude oil (CLG25 ) Monday closed down -0.40 (-0.54%), and February RBOB gasoline (RBG25 ) closed down -0.0182 (-0.89%). Crude oil and gasoline prices Monday gave up an early advance and posted moderate losses. Long liquidation pressure emerged in crude futures Monday after prices could not breach $75...

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Crude Climbs on Dollar Weakness and Energy Demand Optimism

February WTI crude oil (CLG25 ) today is up +0.28 (+0.38%), and February RBOB gasoline (RBG25 ) is up +0.0030 (+0.15%). Crude oil and gasoline prices today are moderately higher, with crude oil posting a 2-1/2 month high and gasoline posting a 1-1/2 month high. Today's weaker dollar is bullish...

Crude Rallies on Dollar Weakness and US Economic Strength

February WTI crude oil (CLG25 ) Friday closed up +0.83 (+1.13%), and February RBOB gasoline (RBG25 ) closed up +0.0018 (+0.09%). Crude oil and gasoline prices finished higher on Friday, with crude oil posting a fresh 2-1/2 month high. Friday's weaker dollar was supportive of energy prices. Signs of US...

Crude Prices Climb on Dollar Weakness and US Economic Strength

February WTI crude oil (CLG25 ) today is up +0.65 (+0.89%), and February RBOB gasoline (RBG25 ) is up +0.0057 (+0.28%). Crude oil and gasoline prices today are moderately higher, with crude oil posting a fresh 2-1/2 month high. Today's weaker dollar is supportive of energy prices. Signs of US...

Signs of US Economic Strength Push Crude Prices Higher

February WTI crude oil (CLG25 ) Thursday closed up +1.41 (+1.97%), and February RBOB gasoline (RBG25 ) closed up +0.0427 (+2.13%). Crude oil and gasoline prices rallied Thursday, with crude oil posting a 2-1/2 month high and gasoline posting a 6-week high. Signs of US economic strength support energy demand...

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Crude Prices Climb on Signs of Strong US Energy Demand

Crude Prices Climb on Signs of Strong US Energy Demand

February WTI crude oil (CLG25 ) today is up +1.82 (+2.54%), and February RBOB gasoline (RBG25 ) is up +0.0570 (+2.84%). Crude oil and gasoline prices today are climbing, with crude oil posting a 2-1/2 month high and gasoline posting a 6-week high. Signs of US economic strength support energy...

Year-End Short Covering Boosts Crude Prices

Year-End Short Covering Boosts Crude Prices

February WTI crude oil (CLG25 ) Tuesday closed up +0.73 (+1.03%), and February RBOB gasoline (RBG25 ) closed up +0.0190 (+0.95%). Crude oil and gasoline prices Tuesday posted moderate gains, with crude climbing to an 8-week high and gasoline climbing to a 3-week high. Crude has carryover support from last...

Sugar Closes Higher as Strength in Crude Oil Sparks Short Covering

Sugar Closes Higher as Strength in Crude Oil Sparks Short Covering

March NY world sugar #11 (SBH25 ) Tuesday closed up +0.13 (+0.68%), and March London ICE white sugar #5 (SWH25 ) closed up +376 (+0.72%). Sugar prices Tuesday recovered from early losses and are settled moderately higher. Tuesday's rally in WTI crude oil (CLG25 ) to an 8-week high sparked...

Strength in Crude Oil Sparks Short Covering in Sugar Futures

Strength in Crude Oil Sparks Short Covering in Sugar Futures

March NY world sugar #11 (SBH25 ) today is up +0.15 (+0.78%), and March London ICE white sugar #5 (SWH25 ) is up +4.70 (+0.93%). Sugar prices today recovered from early losses and are moderately higher. Today's rally in WTI crude oil (CLG25 ) to an 8-week high sparked short...

Crude Moves Higher in Thin Holiday Trade

Crude Moves Higher in Thin Holiday Trade

February WTI crude oil (CLG25 ) today is up +0.78 (+1.10%), and February RBOB gasoline (RBG25 ) is up +0.0107 (+0.54%). Crude oil and gasoline prices today are pushing higher, with crude posting an 8-week high. Crude has carryover support from last Friday when the weekly EIA report showed that...

Crude Settles Higher on Tighter US Supplies and a Surge in Nat-Gas Prices

Crude Settles Higher on Tighter US Supplies and a Surge in Nat-Gas Prices

February WTI crude oil (CLG25 ) Monday closed up +0.39 (+0.55%), and February RBOB gasoline (RBG25 ) closed up +0.0191 (+0.97%). Crude oil and gasoline prices posted moderate gains on Monday, with crude climbing to a 5-week high and gasoline climbing to a 2-week high. Crude has carryover support from...

Crude Gains on Tighter US Inventories and Carryover Support From Nat-Gas

Crude Gains on Tighter US Inventories and Carryover Support From Nat-Gas

February WTI crude oil (CLG25 ) today is up +0.72 (+1.02%), and February RBOB gasoline (RBG25 ) is up +0.0289 (+1.47%). Crude oil and gasoline prices today are moderately higher, with crude posting a 5-week high and gasoline posting a 2-week high. Crude has carryover support from last Friday when...

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Crude Oil Rallies as Weekly EIA Inventories Fall

February WTI crude oil (CLG25 ) Friday closed up +0.98 (+1.41%), and February RBOB gasoline (RBG25 ) closed up +0.0139 (+0.71%). Crude oil and gasoline prices Friday rallied moderately, with crude posting a 1-week high. Crude found support Friday from a weaker dollar. Crude also has support on this week’s...

Crude Prices Supported by Dollar Weakness Ahead of Weekly EIA Report

February WTI crude oil (CLG25 ) today is up +0.70 (+1.01%), and February RBOB gasoline (RBG25 ) is up +0.0102 (+0.52%). Crude oil and gasoline prices today are moderately higher due to a weaker dollar. Crude also has carryover support from Tuesday when the API reported that weekly US crude...

Crude Prices Close Lower on Soft US Labor Market News

February WTI crude oil (CLG25 ) Thursday closed down -0.48 (-0.68%), and February RBOB gasoline (RBG25 ) closed down -0.0119 (-0.60%). Crude oil and gasoline prices Thursday gave up an early advance and closed moderately lower. Crude prices retreated after Thursday's report on weekly US jobless claims showed US continuing...

Crude Prices Slightly Higher on Dollar Weakness and a Decline in API Stockpiles

February WTI crude oil (CLG25 ) today is up +0.05 (+0.07%), and February RBOB gasoline (RBG25 ) is down -0.0068 (-0.35%). Crude oil and gasoline prices today are mixed. A weaker dollar today is supportive of energy prices. Crude also garnered some support today after the API reported late Tuesday...

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Crude Prices Rally on Hopes for Chinese Stimulus

February WTI crude oil (CLG25 ) is up +1.06 (+1.53%), and February RBOB gasoline (RBG25 ) is up +0.0335 (+1.72%). Crude oil prices today are trading higher on hopes for increased Chinese economic stimulus after Reuters reported that China may sell a record 3 trillion yuan ($411 billion) of special...

Crude Prices Fall on Stronger US Dollar

January WTI crude oil (CLF25 ) today is down -0.67 (-0.95%), and January RBOB gasoline (RBF25 ) is down -0.0222 (-1.14%). Crude oil prices are trading lower today on a stronger dollar. In addition, oil prices were undercut by global political uncertainty after President-Elect Trump over the weekend threatened to...

The Guardian - UK

Gaza war victims take legal action against BP over oil supply to Israel

Palestinians accuse UK firm of breaching human rights laws by piping oil allegedly used by Israeli army

Crude Prices Fall on US Government Shutdown Threat and US-EU Trade Concerns

January WTI crude oil (CLF25 ) is down -0.67 (-0.95%), and January RBOB gasoline (RBF25 ) is up +0.0158 (+0.82%). Crude oil prices are trading lower today due to concern about the possibility of an all-out US-EU trade war after incoming-President Trump today said he would slap tariffs on the...

Crude Prices Fall on a Stronger Dollar

January WTI crude oil (CLF25 ) Thursday closed down -0.67 (-0.95%), and January RBOB gasoline (RBF25 ) closed down -0.0200 (-1.03%). Crude oil and gasoline prices settled moderately lower on Thursday, with gasoline falling to a 1-1/2 week low. Thursday's rally in the dollar index (DXY00) to a 2-year high...

Dollar Strength Weighs on Crude Oil Prices

January WTI crude oil (CLF25 ) today is down -0.50 (-0.71%), and January RBOB gasoline (RBF25 ) is down -0.0275 (-1.42%). Crude oil and gasoline prices today are under pressure, with gasoline falling to a 1-1/2 week low. Today's rally in the dollar index (DXY00) to a 2-year high is...

U.S. Relies On Canadian Oil Amid Tariff Threats

Learn about the U.S.'s reliance on Canadian oil, potential tariff threats, and inflation concerns in the energy sector.

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