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Crude Prices Retreat with Global Supplies Set to Increase
Yahoo Finance·2025-10-01 19:20

November WTI crude oil (CLX25) on Wednesday closed down -0.59 (-0.95%), and November RBOB gasoline (RBX25) closed down -0.0364 (-1.89%). Crude oil and gasoline prices on Wednesday 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 on Wednesday after weekly EIA crude and gasol ...