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…
March WTI crude oil (CLH26) closed down -0.04 (-0.06%) on Friday and March RBOB gasoline (RBH26) closed down -0.0093 (-0.46%). Crude oil and gasoline prices fell on Friday amid concerns about energy demand after U.S. fourth-quarter GDP grew at a slower-than-expected pace. However, crude oil losses were limited due to a weaker dollar and geopolitical…
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…
January WTI Crude Oil (CLF26) is down -0.91 (-1.51%), and January RBOB Gasoline (RBF26) is down -0.0279 (-1.52%) today. Crude oil and gasoline prices are falling today, with gasoline falling to a 1-and-a-half-week low. The strength of the dollar today is undermining energy prices. Furthermore, the current weakness in stock prices weighs on confidence in…
January WTI Crude Oil (CLF26) closed Friday up +0.41 (+0.69%) and January RBOB Gasoline (RBF26) closed up +0.0070 (+0.38%). Crude oil and gasoline prices closed higher on Friday, with crude oil hitting a two-week high. Crude oil prices are supported by prospects for a continued war in Ukraine, which will keep sanctions on Russian energy…
January WTI Crude Oil (CLF26) closed Tuesday down -0.68 (-1.15%) and January RBOB Gasoline (RBF26) closed down -0.00386 (-2.07%). Crude oil and gasoline prices fell on Tuesday in hopes of ending the Russian-Ukrainian war as key parties exchange various peace plans. The end of the war could allow restrictions on Russian energy exports to be…
Today, January WTI Crude Oil (CLF26) rose +0.08 (+0.14%), and January RBOB Gasoline (RBF26) rose +0.0110 (+0.61%). Crude oil and gasoline prices are slightly higher today. The weakness of the dollar today is driving crude oil prices. Additionally, doubts over a deal to end the Russo-Ukrainian war have prompted some crude short coverage after European…
December WTI Crude Oil (CLZ25) closed Tuesday up +0.91 (+1.51%) and December RBOB Gasoline (RBZ25) closed up +0.0409 (+2.07%). Crude oil and gasoline prices rose on Tuesday; crude oil hit a one-week high and gasoline hit a six-week high. Tuesday’s drop in the dollar index (DXY00) to a 1.5-week low is bullish for energy prices….
December WTI Crude Oil (CLZ25) today rose +0.94 (+1.56%), and December RBOB Gasoline (RBZ25) rose +0.0412 (+2.09%). Crude oil and gasoline prices have risen sharply today, with crude oil hitting a one-week high and gasoline hitting a six-week high. Today’s dollar index (DXY00) drop to a 1.5-week low is bullish for energy prices. Crude oil…
December WTI Crude Oil (CLZ25) closed Friday up +0.32 (+0.54%) and December RBOB Gasoline (RBZ25) closed down -0.0253 (-1.29%). Crude oil and gasoline prices closed mixed on Friday. Dollar weakness supported crude oil prices on Friday, as the dollar index (DXY00) fell to a one-week low. Additionally, the strength of crude oil demand from China,…
