Oil Supplies - Truenewj

Crude oil prices fall on prospect of ample global supply

amefika8 months ago04 mins

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…

Crude oil prices supported by easing US-China trade tensions

amefika8 months ago04 mins

November WTI Crude Oil (CLX25) closed Monday up +0.59 (+1.00%) and November RBOB Gasoline (RBX25) closed up +0.0012 (+0.39%). Crude oil and gasoline prices closed higher on Monday, recovering some of last Friday’s decline. Crude oil prices rose after the Trump administration over the weekend indicated its openness to reaching a trade deal with China….