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Barchart
Barchart
Rich Asplund

Crude Prices Rally on Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23) on Monday closed up +1.22 (+1.51%), and Sep RBOB gasoline (RBU23) closed up +0.79 (+0.27%).

Crude oil and gasoline prices Monday settled moderately higher, with crude posting a 3-1/2 month high.  Recent supply cuts from OPEC+ and Russia are underpinning crude oil prices.  

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