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…
November WTI Crude Oil (CLX25) closed Wednesday down -0.43 (-0.73%) and November RBOB Gasoline (RBX25) closed up +0.0058 (+0.32%). Crude oil and gasoline prices closed mixed on Wednesday. Crude oil remains under pressure on concerns about a global supply glut after the IEA on Tuesday forecast a record global oil glut of 4.0 million bpd…
