November WTI crude oil (CLX25) on Thursday closed down -1.30 (-2.10%), and November RBOB gasoline (RBX25) closed down -0.0349 (-1.85%). Crude oil and gasoline prices sold off on Thursday, with crude posting a 4-month nearest-futures low and gasoline posting a 4.5-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.   Thursday's dollar strength was also bearish for crude prices. ...

November WTI crude oil (CLX25) on Wednesday closed down -0.59 (-0.95%), and November RBOB gasoline (RBX25) closed down -0.0364 (-1.89%). Crude oil and gasoline prices on Wednesday extended this week's selloff, with crude falling to a 4-month nearest-futures low and gasoline dropping to a 10.5-month low.   Crude prices are sliding on concerns about a global supply glut as OPEC+ is set to increase its crude production levels.   Crude prices added to their losses on Wednesday after weekly EIA crude and gasol ...

November WTI crude oil (CLX25) today is down -1.00 (-1.58%), and November RBOB gasoline (RBX25) is down -0.0224 (-1.15%). Crude oil and gasoline prices have fallen sharply for a second consecutive day, reaching one-week lows.   Crude prices are falling for a second consecutive day, driven by concerns about a global supply glut as OPEC+ is set to increase its crude production levels.   Todays' weaker dollar is limiting losses in crude. More News from Barchart Crude prices are being weighed down by the ou ...

Ukraine has stepped up its attacks on Russian refineries and oil infrastructure, which is bullish for crude prices as it curbs Russian crude exports and tightens global oil supplies. Ukraine attacked Russia's Salavat and Volograd oil refineries on Thursday, halting around 300,000 bpd of refining capacity. On Tuesday, Russia's Transneft Pipeline, which handles more than 80% of the country's oil, restricted the ability to store crude. Also, the Kirishi refinery, one of Russia's biggest refineries that has an ...