
November WTI crude oil (CLX23) this morning is down -0.60 (-0.64%), and Nov RBOB gasoline (RBX23) is down -0.307 (-1.20%).
Nov WTI crude oil and gasoline prices this morning are moderately lower, with crude prices falling back from a 13-month high. Weaker-than-expected U.S. economic news today sparked energy demand concerns and undercut crude prices. Weakness in the dollar today limited losses in crude prices. Crude also has carryover support from Wednesday after EIA crude inventories fell to a 9-month low and crude supplies at Cushing, the delivery point of WTI futures, dropped to a 14-month low.