Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

EXPLAINED: 44 - The Real Truth

Crude Prices Gain on Dollar Weakness and Prospects for OPEC+ to Delay Production Cuts

January WTI crude oil (CLF25 ) today is up +0.73 (+1.06%), and January RBOB gasoline (RBF25 ) is up +0.0172 (+0.89%). Crude oil and gasoline prices today are moderately higher. Today's decline in the dollar index (DXY00 ) to a 2-1/2 week low is bullish for energy prices. Also, expectations...

Barchart

OPEC+ Postpones Meeting On Oil Output To December 5

The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were signs of disagreement among the group over plans to increase output.

International Business Times

Crude Prices Pressured as Middle East Tensions Ease

January WTI crude oil (CLF25 ) Wednesday closed down -0.05 (-0.07%), and January RBOB gasoline (RBF25 ) closed down -0.0201 (-1.03%). Crude oil and gasoline prices Wednesday settled lower, with gasoline posting a 1-week low. Crude oil was under pressure Wednesday from an easing of geopolitical risks in the Middle...

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Crude Little Changed as Middle East Tensions Ease

January WTI crude oil (CLF25 ) today is up +0.03 (+0.04%), and January RBOB gasoline (RBF25 ) is down -0.0203 (-1.04%). Crude oil and gasoline prices today are mixed, with gasoline falling to a -week low. Today's dollar weakness is supportive of energy prices. Also, expectations that OPEC+ will delay...

Barchart

Prospects for an Israel-Hezbollah Cease-Fire Weigh on Crude Prices

January WTI crude oil (CLF25 ) Tuesday closed down -0.17 (-0.25%), and January RBOB gasoline (RBF25 ) closed down -0.0027 (-0.14%). Crude oil and gasoline prices Tuesday gave up an early advance and fell to 1-week lows on a report that US President Biden will announce that Israel and Hezbollah...

Barchart

Crude Prices Climb as OPEC+ Set to Delay Oil Production Increases

January WTI crude oil (CLF25 ) today is up +0.64 (+0.93%), and January RBOB gasoline (RBF25 ) is up +0.0231 (+1.18%). Crude oil and gasoline prices today recovered from early losses and moved higher after Bloomberg reported that OPEC+ had begun discussions to delay oil production further increases initially set...

Barchart

Crude Settles Higher as EIA Gasoline and Distillate Inventories Fall

December WTI crude oil (CLZ24 ) Thursday closed up +0.27 (+0.39%), and December RBOB gasoline (RBZ24 ) closed up +0.0166 (+0.84%). Crude oil and gasoline prices on Thursday posted moderate gains after weekly EIA gasoline and distillate supplies unexpectedly declined, a sign of stronger fuel demand. Gains in crude were...

Barchart

Read news from The Economist, FT, and more,
with one subscription

Crude Gains as Weekly EIA Gasoline and Distillate Supplies Decline

December WTI crude oil (CLZ24 ) today is up +0.18 (+0.26%), and December RBOB gasoline (RBZ24 ) is up +0.0200 (+1.02%). Crude oil and gasoline prices today are moderately higher after weekly EIA gasoline and distillate supplies unexpectedly declined, a sign of stronger fuel demand. Gains in crude are limited...

Barchart

Crude Closes Higher on Signs of Cooperation Among Major OPEC+ Producers

December WTI crude oil (CLZ24 ) Wednesday closed up +0.31 (+0.46%), and December RBOB gasoline (RBZ24 ) closed up +0.0008 (+0.04%). Crude oil and gasoline prices recovered from 2-week lows and settled slightly higher on Wednesday. Short covering emerged in crude Wednesday after Russian President Putin and Saudi Crown Prince...

Barchart

Crude Rebounds on Comments of OPEC+ Cooperation

December WTI crude oil (CLZ24 ) today is up +0.35 (+0.51%), and December RBOB gasoline (RBZ24 ) is up +0.0006 (+0.03%). Crude oil and gasoline prices today recovered from 2-week lows and are slightly higher. Short covering emerged in crude today after Russian President Putin and Saudi Crown Prince Mohammed...

Barchart

Crude Recovers on Short Covering as US Crude Production Falls

December WTI crude oil (CLZ24 ) Tuesday closed up +0.08 (+0.12%), and December RBOB gasoline (RBZ24 ) closed up +0.0073 (+0.37%). Crude oil and gasoline prices Tuesday recovered from 1-1/2 week lows and closed slightly higher. Mild short-covering emerged in crude oil Tuesday after the Bureau of Safety and Environmental...

Barchart

Crude Oil Pressured by a Stronger Dollar and Global Energy Demand Concerns

December WTI crude oil (CLZ24 ) today is down -0.11 (-0.16%), and December RBOB gasoline (RBZ24 ) is up +0.0023 (+0.12%). Crude oil and gasoline prices today fell to 1-1/2 week lows and are mixed. Today's rally in the dollar index (DXY00 ) to a 4-1/4 month high weighs energy...

Barchart

UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

The Guardian - UK

Crude Closes Lower On China Energy Demand Woes

December WTI crude oil (CLZ24 ) Friday closed down -1.98 (-2.74%), and December RBOB gasoline (RBZ24 ) closed down -0.0411 (-2.00%). Crude oil and gasoline prices Friday were under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, Friday's...

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Crude Oil Tumbles on Disappointment About Chinese Stimulus Measures

December WTI crude oil (CLZ24) today is down -2.14 (-2.96%), and December RBOB gasoline (RBZ24) is down -0.0459 (-2.24%). Crude oil and gasoline prices today are under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, today's dollar strength...

Barchart

Crude Oil Moves Higher on Dollar Weakness and Energy Demand Optimism

December WTI crude oil (CLZ24 ) Thursday closed up +0.67 (+0.93%), and December RBOB gasoline (RBZ24 ) closed up +0.0182 (+0.89%). Crude oil and gasoline prices recovered from early losses on Thursday, climbed to 3-week highs, and settled moderately higher. Thursday’s weaker dollar boosted crude prices along with the rally...

Barchart

Crude Gains on Dollar Weakness and Strength in Stocks

December WTI crude oil (CLZ24 ) today is up +0.10 (+0.14%), and December RBOB gasoline (RBZ24 ) is up +0.0045 (+0.21%). Crude oil and gasoline prices today are slightly higher on a weaker dollar and the rally in the S&P 500 to a record high, which shows confidence in the...

Latin Times

Oil Prices Could Sink To $60 Under Trump Presidency, Citi Warns

However, Citi stated that "there is a risk that Trump imposes more sanctions on oil-producing countries like Venezuela and Iran, which could have bullish effects on oil prices."

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

Oil Prices Could Sink to $60 Under Trump Presidency, Citi Warns

However, Citi stated that "there is a risk that Trump imposes more sanctions on oil-producing countries like Venezuela and Iran, which could have bullish effects on oil prices."

Barchart

Crude Prices Slip on Dollar Strength and a Build in EIA Inventories

December WTI crude oil (CLZ24 ) Wednesday closed down -0.30 (-0.42%), and December RBOB gasoline (RBZ24 ) closed down -0.0092 (-0.45%). Crude oil and gasoline prices settled moderately lower on Wednesday. Crude prices Wednesday were under pressure from a stronger dollar after the dollar index (DXY00 ) surged to a...

Barchart

Crude Recovers Early Losses on Speculation Trump's Policies Will Boost Energy Demand

December WTI crude oil (CLZ24) today is up +0.18 (+0.25%), and December RBOB gasoline (RBZ24) is up +0.0004 (+0.02%). Crude oil and gasoline prices today recovered from early losses and are slightly higher. Short covering emerged in crude today to push prices higher after the S&P 500 soared to a...

Barchart

Crude Prices Supported by Dollar Weakness and Tighter Global Supplies

December WTI crude oil (CLZ24 ) Tuesday closed up +0.52 (+0.73%), and December RBOB gasoline (RBZ24 ) closed up +0.0253 (+1.26%). Crude oil and gasoline prices on Tuesday extended Monday's rally and posted 3-week highs. Tuesday's slide in the dollar index (DXY00 ) to a 2-1/2 week low is bullish...

Barchart

Crude Pushes Higher on Dollar Weakness and Prospects of Tighter Global Supplies

December WTI crude oil (CLZ24 ) today is up +1.07 (+1.50%), and December RBOB gasoline (RBZ24 ) is up +0.0379 (+1.89%). Crude oil and gasoline prices today extended Monday's rally to 3-week highs. Today's slide in the dollar index (DXY00 ) to a 2-week low is bullish for energy prices....

Barchart

Crude Prices Jump as OPEC+ Delays Production Increases

December WTI crude oil (CLZ24 ) Monday closed up +1.98 (+2.85%), and December RBOB gasoline (RBZ24) closed up +0.0528 (+2.68%). Crude oil and gasoline prices rallied to 1-week highs on Monday and settled moderately higher. Monday's fall in the dollar index (DXY00 ) to a 2-week low was bullish for...

Barchart

Which Way Are Crude Oil Prices Going for the Remainder of 2024?

Crude oil prices have ground lower in a highly volatile way since peaking in April 2024. Contributing to this volatility are the upcoming election, the Israel/Iran conflict, and Opec + flip-flopping from increasing production to not. The recent rally of the US dollar has not helped oil prices find much…

1 … 43 44 45 46

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Office for National Statistics

the Wall Street Journal

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.