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Barchart
Barchart
Rich Asplund

Crude Prices Slip on a Rift Among OPEC+ Members on Crude Production

OPEC Oil Saudi Arabia United States

January WTI crude oil (CLF24) this morning is down -0.31 (-0.41%), and Jan RBOB gasoline (RBF24) is up -0.0120 (+0.56%).

Crude oil and gasoline prices this morning are mixed.  Crude prices are under pressure from a stronger dollar and a dispute among Saudi Arabia and other OPEC+ members on crude production levels.  Also, weaker-than-expected U.S. economic news suggests weaker growth that is negative for energy demand and crude prices.

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