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Crude Oil Falls Back After Thursday's Rally on US and EU Sanctions on Russian Energy
Yahoo Finance· 2025-10-24 19:44
December WTI crude oil (CLZ25) on Friday closed down -0.29 (-0.47%), and December RBOB gasoline (RBZ25) closed down -0.0043 (-0.23%). Crude oil and gasoline prices on Friday ran into some pre-weekend long liquidation pressure after the sharp gains seen on Wednesday and Thursday.  Crude oil prices rallied after the US and EU ramped up sanctions on Russian energy and energy infrastructure, raising the prospect of major disruptions to Russian crude production and exports and potentially removing oil supplies ...