
December WTI crude oil (CLZ24) Friday closed up +1.59 (+2.27%), and December RBOB gasoline (RBZ24) closed up +0.0447 (+2.25%).
Crude and gasoline prices settled moderately higher on Friday, with gasoline posting a 1-week high. Ramped-up Middle East tensions are boosting crude prices. Also, stronger-than-expected global economic news Friday was positive for energy demand and crude prices.