Global Oil Glut Fears Weigh on Crude Prices
Yahoo Finance·2025-12-10 00:40
January WTI crude oil (CLF26) today is down -0.57 (-0.97%), and January RBOB gasoline (RBF26) is down -0.0062 (-0.34%). Crude oil and gasoline prices added to Monday's losses today, with crude posting a 1.5-week low and gasoline posting a 2-week low. Today's stronger dollar is bearish for energy prices. Crude prices are also falling on concerns about a global oil glut. Losses in crude are limited on expectations that restrictions on Russian energy exports will remain, with no end in sight to the Russi ...