Crude Oil WTI Sep '28 (CLU28)
Crude Oil WTI Futures Market News and Commentary
October WTI crude oil (CLV26) closed up +1.30 (+1.58%) on Thursday, and October RBOB gasoline (RBV26) closed up +0.0298 (+1.01%).
Crude oil and gasoline prices settled higher on Thursday. Crude prices rallied Thursday after a Wall Street Journal report said the US has no interest in returning to the terms of the deal it signed with Iran in June, casting doubt on oil flows from the Middle East returning to normal anytime soon.
Crude prices rallied on Thursday after the Wall Street Journal reported that President Trump has no interest in returning to the terms of a June ceasefire deal signed with Iran, dashing hopes that a deal between Iran and Oman to reopen the Strait of Hormuz could pave the way for a broader deal with the US.
Crude also has support on concerns that Russian crude production could be disrupted further after a Bloomberg News report on Wednesday said that Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a p... Read more
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October WTI crude oil (CLV26 ) closed up +1.30 (+1.58%) on Thursday, and October RBOB gasoline (RBV26 ) closed up +0.0298 (+1.01%). Crude oil and gasoline...
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