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Barchart
Barchart
Rich Asplund

Crude Oil Prices Rise as OPEC+ Raises Crude Production Modestly

Oil OPEC Russia United States Barchart

October WTI crude oil (CLV25) today is up +0.73 (+1.18%), and October RBOB gasoline (RBV25) is up +0.0046 (+0.23%).

Crude oil and gasoline prices are moving higher today due to a weak dollar.   Crude is also climbing after OPEC+ raised its production at a lower rate than expected.  Crude prices fell back from their best level after Saudi Arabia cut the prices of all of its crude for buyers in Asia for next month, a sign of weaker demand.

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