
November WTI crude oil (CLX25) today is down -2.31 (-3.51%), and November RBOB gasoline (RBX25) is down -0.0468 (-2.35%).
Crude oil and gasoline prices are sharply lower today due to the outlook for OPEC+ to increase its crude production levels for November, which is expected to boost global oil supplies. Bloomberg reported today that OPEC+ is considering raising its crude output level by +137,000 bpd, starting November 1.