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Barchart
Rich Asplund

Crude Prices Rally on Report that OPEC+ May Further Delay Production Increases

Oil OPEC United States Russia China Drone Kazakhstan

March WTI crude oil (CLH25) today is up +0.88 (+1.24%), and March RBOB gasoline (RBH25) is up +0.0044 (+0.21%).

Crude oil prices are trading higher after a drone attack on a Russian pumping station may reduce crude oil exports from Kazakhstan.  Oil prices are also seeing support from a Bloomberg report that OPEC+ is considering a delay of monthly supply increases that are currently due to start in April.

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