December WTI crude oil (CLZ25) today is down -0.04 (-0.07%), and December RBOB gasoline (RBZ25) closed down -0.0246 (-1.24%).
Crude oil prices are under pressure today as a selloff in the S&P 500 to a 1-month low has sparked risk-off sentiment in asset markets. Also, signs of weakness in the US labor market are negative for economic growth and energy demand, after ADP reported that US employees shed 2,500 jobs per week on average in the four weeks ended November 1.
