Abundant Crude Supplies Weigh on Prices
Yahoo Finance·2025-10-01 15:40
November WTI crude oil (CLX25) today is down -0.43 (-0.69%), and November RBOB gasoline (RBX25) is down -0.0321 (-1.67%). Crude oil and gasoline prices today extended this week's selloff, with crude falling to a 4-month nearest-futures low and gasoline dropping to a 10.5-month low. Crude prices are sliding on concerns about a global supply glut as OPEC+ is set to increase its crude production levels. Crude prices added to their losses today after weekly EIA crude and gasoline inventories rose more tha ...