Friday closed up +0.83 (+1.13%), and February RBOB gasoline (RBG25) closed up +0.0018 (+0.09%). Crude oil and gasoline prices ...

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 ...

Reduced oil supply from Iran and Russia due to U.S. sanctions and pressure from OPEC+ is causing a surge in prices for Middle Eastern crudes.

The price of some Middle Eastern oil grades strengthened in the final week of December on robust demand from Asian refiners, after barrels from Iran and Russia became sparse and more expensive.

Here are some things to look out for in the tanker market in 2025. Over the years, VLCCs have tended to set the tone for the tanker market; when they went up, they would drag the rest of the market up ...