Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Crude Prices Fall as Oil Supplies Move Through the Strait of Hormuz

Oil Strait of Hormuz United States Iran Scott Bessent OPEC IEA

October WTI crude oil (CLV26) is down -2.06 (-2.35%) today, and October RBOB gasoline (RBV26) is down -0.0820 (-2.69%).

Crude oil and gasoline prices are under pressure today from a stronger dollar. Also, signs that crude supplies are moving through the Strait of Hormuz are undercutting oil prices. Energy markets are awaiting new economic sanctions against Iran, expected to be announced by US Treasury Secretary Scott Bessent later today.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Mark Zuckerberg Almost Gets Sick After Sipping Guinness as Online Critics Joke About His 'First Beer'
A clip of Mark Zuckerberg appearing hesitant after sipping Guinness on a podcast has prompted jokes on Reddit, while his reaction remains open to interpretation.
International Business Times UK
International Business Times UK
50 Cent Shades Kanye West and Jokes Rapper Can Do His Wedding 'If He Is Not Banned at the Time'
During a Today appearance, 50 Cent imagined Kanye West and Jay-Z performing at his wedding, while stressing that the event and any bookings remain hypothetical.
International Business Times UK
International Business Times UK
Miley Cyrus Admits She Wants Men to 'Hurry' During Sex Because She Doesn't Want To Look at Their Penises
Miley Cyrus's candid discussion of sex, attraction and her queer identity on Call Her Daddy has gone viral, prompting humour, criticism and debate across social media.
International Business Times UK
International Business Times UK
Man Shares 8 Non-Negotiables For How Men Should Treat Women, And Some Of His Rules Have People Talking
A man’s list of “non-negotiables” for how men should treat women has sparked a heated online debate, with some viewers calling the advice the “bare minimum” and others saying several rules feel “outdated.”
Bored Panda
Bored Panda
Billionaires love Trump’s AI rebrand
Trump and his tech bros want to turn us all into video game wallpaper
Salon
Salon
Shane Gillis Drew Backlash Over Joke That Women Dress Like 'Whores' as Dan Levy Responds
Shane Gillis faces criticism over his SNL monologue as Dan Levy calls out misogyny and urges men to challenge the objectification of women
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play