Oil prices rose more than 1% on Wednesday, June 3, continuing the rise seen in the previous session, as renewed hostilities in the Middle East and stalled negotiations between Iran and the United States added uncertainty to the market. At 0640 GMT, Brent crude futures were up $1.56, or 1.6%, at $97.56 per barrel (bbl),…
By Nicole Jao NEW YORK, April 16 (Reuters) – California gasoline inventories have fallen to record lows as fuel prices have soared nationwide in the wake of the war with Iran, and analysts warn that the full effect of “supply disruptions linked to the closure of the Strait of Hormuz has not yet hit the…
May WTI Crude Oil (CLK26) is down -1.62 (-1.60%), and May RBOB Gasoline (RBK26) is down -0.0787 (-2.46%) today. Crude oil and gasoline prices are sharply lower today amid growing optimism that the war in the Middle East is coming to an end. Crude oil prices remained low after EIA weekly crude oil inventories rose…
Today January WTI Crude Oil (CLF26) rose +0.76 (+1.38%) and January RBOB Gasoline (RBF26) rose +0.0166 (+0.99%). Crude oil and gasoline prices are rising today amid increased geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the United States is preparing new sanctions on Russian energy exports…
November WTI Crude Oil (CLX25) is down -0.06 (-0.10%), and November RBOB Gasoline (RBX25) is down -0.0084 (-0.46%) today. Crude oil and gasoline prices gave up an early advance today and fell after EIA weekly crude oil inventories unexpectedly rose and U.S. crude production rose to a record level. Crude oil prices initially rose today…
