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Rich Asplund

Crude Little Changed on Diplomatic Efforts to Contain the Israeli-Hamas Conflict

Oil Hamas Israel United States Joe Biden EIA

November WTI crude oil (CLX23) on Tuesday closed unchanged, and Nov RBOB gasoline (RBX23) closed up +1.15 (+0.51%).

Nov WTI crude oil and gasoline prices on Tuesday settled mixed. Crude oil prices were little changed as diplomatic efforts to contain the Israeli-Hamas war lessened the chance the conflict would spread and threaten Middle Eastern crude supplies. Crude oil prices saw some underlying support Tuesday from a weaker dollar and stronger-than-expected U.S. economic news.

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