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Rich Asplund

Crude Prices Finish Higher on Expectations of Tighter Global Supplies

Oil United States EIA Vortexa

November WTI crude oil (CLX23) on Tuesday closed up +0.71 (+0.79%), and Nov RBOB gasoline (RBX23) closed up +1.32 (+0.53%).

Nov WTI crude oil and gasoline prices Tuesday posted moderate gains on concern that global oil supplies will remain tight for the foreseeable future. Crude prices also moved higher Tuesday on expectations for Wednesday's weekly EIA crude inventory report to fall by -900,000 bbl.

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