October WTI crude oil (CLV25) today is up +0.99 (+1.58%), and October RBOB gasoline (RBV25) is up +0.0190 (+0.95%). Crude oil and gasoline prices are moving higher today due to a weak dollar.  Also, escalation of geopolitical risks in Europe gave oil prices a boost after Poland shot down drones that crossed into its territory during Russia's latest air strike on Ukraine, calling it an "act of aggression."  Crude prices are climbing today despite a bearish EIA inventory report that showed weekly crude supp ...

October WTI crude oil (CLV25) on Tuesday closed up +0.37 (+0.59%), and October RBOB gasoline (RBV25) closed up +0.0339 (+1.73%). Crude oil and gasoline prices moved higher on Tuesday on concern that the conflict in the Middle East could widen after Israel conducted a strike in Qatar targeting Hamas leaders.   Also, Ukraine said it has stepped up attacks on Russian refineries and oil infrastructure, which is reducing Russian crude production capabilities.   Dollar strength on Tuesday limited the upside in ...

October WTI crude oil (CLV25) on Monday closed up +0.39 (+0.63%), and October RBOB gasoline (RBV25) closed down -0.0056 (-0.29%). Crude oil and gasoline prices on Monday settled mixed.  Crude found support Monday from a weaker dollar and after OPEC+ raised its production at a lower rate than expected.  Gains in crude prices were limited after Saudi Arabia cut the prices of all of its crude for buyers in Asia for delivery in October, a sign of weaker demand. More News from Barchart Crude prices moved hig ...