Crude Oil Prices Supported by Heightened Geopolitical Risks and Falling US Supplies

March WTI crude oil (CLH26) on Thursday closed up +1.24 (+1.90%), and March RBOB gasoline (RBH26) closed up +0.0386 (+1.96%). Crude oil and gasoline prices added to Wednesday’s sharp rally on Thursday, with crude climbing to a 6.5-month high and gasoline posting a 1-week high. More News from Barchart Mounting geopolitical risks in the Middle East are pushing crude prices sharply higher.   On Thursday, the United Nations nuclear watchdog said that the US military buildup in the Middle East means Iran’s w ...