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Crude Oil Prices Retreat on Concerns Over a Global Oil Glut
Yahoo Finance· 2025-12-12 00:37
January WTI crude oil (CLF26) today is down -1.27 (-2.17%), and January RBOB gasoline (RBF26) is down -0.0342 (-1.92%). Crude oil and gasoline prices are sharply lower today, with crude posting a 7-week low and gasoline slumping to a 4.75-year nearest-futures low. Concerns about a global oil glut continue to pressure crude prices. Also, today's stock weakness has dampened optimism in the economic outlook, a bearish factor for energy demand. More News from Barchart Losses in crude are limited today a ...
Crude Prices Decline on Global Oil Glut Fears
Yahoo Finance· 2025-12-10 04:18
January WTI crude oil (CLF26) on Tuesday closed down -0.63 (-1.07%), and January RBOB gasoline (RBF26) closed down -0.0084 (-0.47%). Crude oil and gasoline prices added to Monday's losses on Tuesday, with crude posting a 1.5-week low and gasoline posting a 2-week low. Tuesday'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 ...
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 ...