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The Latest Breaking News from crude oil

Crude Gains on Speculation Fed is Done Raising Interest Rates

December WTI crude oil (CLZ23 ) Thursday closed up +2.02 (+2.51%), and Dec RBOB gasoline (RBZ23 ) closed up +6.05 (+2.77%). Crude oil and gasoline prices Thursday settled moderately higher. Thursday's decline in the dollar index to a 1-week low was bullish for energy prices. Also, a broad rally in...

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Crude Rallies on Speculation the Fed is Done Raising Interest Rates

December WTI crude oil (CLZ23 ) this morning is up +1.81 (+2.25%), and Dec RBOB gasoline (RBZ23 ) is up +5.55 (+2.54%). Crude oil and gasoline prices this morning are moderately higher. Today's decline in the dollar index to a 1-week low is bullish for energy prices. Also, a broad...

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Crude Prices Relinquish Early Gains on Dollar Strength and Energy Demand Concerns

December WTI crude oil (CLZ23 ) on Wednesday closed down -0.58 (-0.72%), and Dec RBOB gasoline (RBZ23 ) closed down -3.18 (-1.43%). Crude oil and gasoline prices on Wednesday gave up an early rally and closed moderately lower, with crude falling to a 2-month low and gasoline dropping to a...

Barchart

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Crude Prices Underpinned by Geopolitical Risks in the Middle East

December WTI crude oil (CLZ23 ) this morning is up +1.13 (+1.39%), and Dec RBOB gasoline (RBZ23 ) is up +1.86 (+0.84%). Crude oil and gasoline prices this morning are moderately higher. Geopolitical risks are underpinning crude prices on concern an escalation of the Israeli-Hamas conflict could threaten crude supplies...

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3 Energy ETFs Recommended for Sustainable Returns

Robust global demand for oil and gas and tighter supplies presents a promising outlook for the energy sector. Amid this backdrop, it could be wise to invest in top energy ETFs First Trust Natural Gas ETF (FCG), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), and iShares Global…

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Crude Oil Retreats on Dollar Strength and Weak Global Economic News

December WTI crude oil (CLZ23 ) on Tuesday closed down -1.29 (-1.57%), and Dec RBOB gasoline (RBZ23 ) closed up +0.05 (+0.02%). Crude oil and gasoline prices Tuesday gave up an early advance and settled mixed, with crude posting a 2-month nearest-futures low. A stronger dollar Tuesday and mostly weaker-than-expected...

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Crude Oil Prices Firm on Possible New Front on Israel Conflict

December WTI crude oil (CLZ23 ) this morning is up +0.58 (+0.70%), and Dec RBOB gasoline (RBZ23 ) is up +2.93 (+1.32%). Crude oil prices this morning are moderately higher. Concerns that the Israeli-Hamas conflict could escalate are underpinning crude prices on reports that Israel is shelling militant targets in...

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Crude Oil Prices End Sharply Lower as Middle East Conflict Remains Limited So Far

December WTI crude oil (CLZ23 ) on Monday closed down -3.23 (-3.78%), and Dec RBOB gasoline (RBZ23 ) closed down -7.84 (-3.42%). Crude oil prices on Monday sold off sharply, with crude posting a 4-week nearest-futures low as Israel's ground incursion into Gaza has so far been less extensive than...

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Crude Oil Prices Tumble as Middle East Conflict Remains Limited

December WTI crude oil (CLZ23 ) this morning is down -2.91 (-3.40%), and Dec RBOB gasoline (RBZ23 ) is down -7.06 (-3.08%). Crude oil prices this morning are sharply lower Friday as Israel's ground incursion into Gaza has so far been less extensive than expected, easing concerns that the Israeli-Hamas...

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Crude Oil Prices Rally on U.S. Air Strikes and Stepped-Up Israeli Ground Activity

December WTI crude oil (CLZ23 ) Friday closed +2.33 (+2.80%), and Dec RBOB gasoline (RBZ23 ) closed +5.81 (+2.60%). Crude oil prices Friday rallied on Middle East tensions after the U.S. overnight carried out aircraft strikes on two Iranian-backed facilities in Syria. The U.S. strikes were in response to attacks...

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Crude Oil Prices Rally on Weaker Dollar and U.S. Air Strikes

December WTI crude oil (CLZ23 ) today are up +0.72 (+0.87%), and Dec RBOB gasoline (RBZ23 ) is up +0.0259 (+1.16%). Crude oil prices are higher today on a mildly lower dollar and Middle East tensions after the U.S. overnight carried out aircraft strikes on two Iranian-backed facilities in Syria....

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3 Budget-Friendly Energy Stocks to Buy Now

The energy sector seems poised for significant growth, thanks to robust global demand for oil and gas and constrained supplies pushing prices higher. Given the industry’s promising outlook, fundamentally sound, cost-effective energy stocks Energy Transfer (ET), CVR Energy (CVI), and Euronav (EURN) could be ideal buys now. Keep reading….

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Grain Market Update: Will We See a Rebound in Wheat, Soybean, and Corn Prices?

Earlier today I discussed the grain markets, cattle prices, oil, gold, and interest rates with Michelle Rook on AgWeb's Markets Now.

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Grain Market Updates: Will We See a Rebound in Wheat, Soybean, and Corn Prices?

Earlier today I discussed the grain markets, cattle prices, oil, gold, and interest rates with Michelle Rook on AgWeb's Markets Now.

Barchart

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Crude Oil Prices Decline on Stronger Dollar and Stock Weakness

December WTI crude oil (CLZ23 ) today is down -1.74 (-2.04%), and Dec RBOB gasoline (RBZ23 ) is down -0.0163 (-0.72%). Crude oil prices are trading lower today on the mildly higher dollar, today's sell-off in stocks, and carry-over from Wednesday's bearish EIA report. Crude oil prices have underlying support...

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Crude Rallies as Israel Prepares for a Ground Invasion of Gaza

December WTI crude oil (CLZ23) on Wednesday closed up +1.65 (+1.97%), and Dec RBOB gasoline (RBZ23) closed up +1.61 (+0.71%). Nov WTI crude oil and gasoline prices on Wednesday shook off early losses and moved higher on speculation that Israel will soon stage a ground assault on Gaza, which could...

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Crude Prices Slip as Geopolitical Risks Ease and Weekly EIA Crude Inventories Climb

December WTI crude oil (CLZ23 ) this morning is down -0.24 (-0.29%), and Dec RBOB gasoline (RBZ23 ) is down -0.40 (-0.12%). Nov WTI crude oil and gasoline prices this morning are moderately lower and fell to 1-1/2 week lows. A stronger dollar this morning is weighing on crude prices....

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Crude Prices Fall on Reduced Middle East Geopolitical Risks

December WTI crude oil (CLZ23 ) on Tuesday closed down -1.75 (-2.05%), and Dec RBOB gasoline (RBZ23 ) closed down -5.89 (-2.55%). Nov WTI crude oil and gasoline prices Tuesday settled moderately lower and posted 1-week lows. A stronger dollar Tuesday weighed on crude prices. Crude oil prices were also...

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Crude Prices Sink as Israel Rethinks a Ground Invasion of Gaza

December WTI crude oil (CLZ23 ) this morning is down -2.04 (-2.39%), and Dec RBOB gasoline (RBZ23 ) is down -6.94 (-3.00%). Nov WTI crude oil and gasoline prices this morning are sharply lower and posted 1-week lows. A stronger dollar today is weighing on crude prices. Also, an easing...

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Crude Prices Sharply Lower on Possible Delay of Israeli Ground Invasion of Gaza

December WTI crude oil (CLZ23 ) on Monday closed down -2.59 (-2.94%), and Dec RBOB gasoline (RBZ23 ) closed down -4.22 (-1.79%). Nov WTI crude oil and gasoline prices on Monday closed sharply lower as geopolitical risks in the Middle East eased. Diplomatic efforts to release hostages taken by Hamas...

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Crude Prices Retreat on Possible Delay of Israeli Ground Invasion of Gaza

December WTI crude oil (CLZ23) this morning is down -1.48 (-1.68%), and Dec RBOB gasoline (RBZ23) closed down -2.46 (-1.05%). Nov WTI crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure today on an easing of Middle East geopolitical risks as diplomatic efforts to...

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Crude Price Fall Back on Reports Israel to Delay a Ground Assault of Gaza

November WTI crude oil (CLX23 ) on Friday closed down -0.62 (-0.69%), and Nov RBOB gasoline (RBX23 ) closed up +1.19 (+0.50%). Nov WTI crude oil and gasoline prices Friday settled mixed. Crude prices Friday fell back from a 2-1/2 week high and posted moderate losses after Bloomberg reported that...

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Crude Extends Gains on Geopolitical Risks in the Middle East

November WTI crude oil (CLX23 ) this morning is up +0.78 (+0.87%), and Nov RBOB gasoline (RBX23 ) is up +2.59 (+1.10%). Nov WTI crude oil and gasoline prices this morning extended this week's rally and posted 2-week highs. A weaker dollar today is supporting energy prices. Also, a ratcheting...

StockNews.com

3 Energy Stock Picks for Steady Long-Term Momentum

The energy sector’s outlook looks bright amid rising oil prices fueled by constrained supplies and robust demand for crude oil and natural gas worldwide. Thus, Exxon Mobil (XOM), Shell (SHEL), and Imperial Petroleum (IMPP), with solid long-term momentum, could be ideal stock picks now. Keep reading….

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Crude Rises as Middle Eastern Geopolitical Risks Outweigh Venezuelan Oil Exports

November WTI crude oil (CLX23 ) on Thursday closed up +1.05 (+1.19%), and Nov RBOB gasoline (RBX23 ) closed up +0.82 (+0.35%). Nov WTI crude oil and gasoline prices on Thursday settled moderately higher, with gasoline posting a 2-week high. A weaker dollar Thursday was supportive of energy prices. Crude...

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