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Rich Asplund

Crude Prices Slip After OPEC+ Raises Crude Production Levels

Oil OPEC Donald Trump United States India

September WTI crude oil (CLU25) today is down -0.62 (-0.92%), and September RBOB gasoline (RBU25) is down -0.0064 (-0.30%).

Crude oil and gasoline prices today are moving lower after OPEC+ on Sunday raised its crude production levels, stoking fears of a global supply glut. Crude prices recovered from their worst levels on dollar weakness and after President Trump threatened to raise tariffs on India "substantially" for buying Russian crude oil.

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