Crude Rallies as Iranian Protests Escalate
Yahoo Finance·2026-01-09 16:42
February WTI crude oil (CLG26) today is up +1.79 (+3.10%), and February RBOB gasoline (RBG26) is up +0.0352 (+2.00%). Crude oil and gasoline prices are up sharply today, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the government escalate. Also, optimism in the US economic outlook is supportive for energy demand and crude prices after the US Dec unemployment rate fell and Jan consumer sentiment increased. Crude pri ...