
January WTI crude oil (CLF24) on Wednesday closed up +1.45 (+1.90%), and Jan RBOB gasoline (RBF24) closed up +0.0547 (+2.49%).
Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 1-week high and gasoline climbing to a 2-week high. Crude has support on signs of U.S. economic strength after U.S. Q3 GDP expanded more than expected. Also, short covering ahead of Thursday's OPEC+ meeting is lifting crude prices. Crude prices rallied Wednesday despite a stronger dollar and a bearish EIA inventory report.