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Barchart
Barchart
Rich Asplund

Crude Oil Prices Supported by Heightened Geopolitical Risks and Falling US Supplies

Oil United States EIA Iran OPEC Russia Ukraine Vortexa

March WTI crude oil (CLH26) on Thursday closed up +1.24 (+1.90%), and March RBOB gasoline (RBH26) closed up +0.0386 (+1.96%).

Crude oil and gasoline prices added to Wednesday’s sharp rally on Thursday, with crude climbing to a 6.5-month high and gasoline posting a 1-week high.

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