July WTI crude oil (CLN24) today is down -0.16 (-0.22%), and July RBOB gasoline (RBN24) is down -1.42 (-0.60%).
Crude oil and gasoline prices today are mildly lower, with crude holding above Tuesday's 4-month low. A stronger dollar today is weighing on energy prices. Crude is also under pressure on negative carryover from Sunday when OPEC+ rolled out a plan to restore some crude production in Q4, which sparked worries about a glut in global oil supplies. Crude prices were undercut after today's weekly EIA crude inventories unexpectedly rose.
