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Crude Prices Extend Slide on Oversupply and Energy Demand Concerns
Yahoo Finance· 2025-10-02 15:27
November WTI crude oil (CLX25) today is down -0.70 (-1.13%), and November RBOB gasoline (RBX25) is down -0.0263 (-1.39%). Crude oil and gasoline prices are sliding today, with crude falling to a 4-month nearest-futures low and gasoline dropping to a 1-year low.   Crude prices are retreating as OPEC+ is set to increase its crude production levels, which will boost global supplies and potentially lead to a worldwide oil supply glut.   Today's dollar strength is also bearish for crude prices.  Additionally, ...
Energy Demand Concerns Undercut Crude Prices
Yahoo Finance· 2025-09-17 19:27
October WTI crude oil (CLV25) on Wednesday closed down -0.47 (-0.73%), and October RBOB gasoline (RBV25) closed down -0.0129 (-0.63%). Crude oil and gasoline prices were under pressure on Wednesday from energy demand concerns.  Wednesday's weaker-than-expected US housing starts and building permits reports were bearish for the economy and energy demand.  Losses in crude were limited after weekly EIA crude inventories and gasoline supplies fell more than expected. More News from Barchart In a negative f ...