Crude Oil Rallies on Geopolitical Tensions and Energy Demand Optimism
Yahoo Finance·2025-12-05 16:32

January WTI crude oil (CLF26) today is up +0.41 (+0.69%), and January RBOB gasoline (RBF26) is up +0.0093 (+0.51%). Crude oil and gasoline prices are moving higher today, with crude oil posting a 2-week high.  Crude prices are supported by the prospects for the war in Ukraine to continue, which will keep sanctions on Russian energy exports in place, after US-Russian talks failed to reach a breakthrough in ending the war.  Today's rally in the S&P 500 to a 5-week high is also supportive of crude prices, as ...