October WTI crude oil (CLV26) is up +1.38 (+1.52%) today, and October RBOB gasoline (RBV26) is up +0.0282 (+0.91%).
Crude oil and gasoline prices are moving higher today, with crude oil posting a new 6-week high. Crude prices are climbing as the US-Iran conflict continues with no end in sight, prolonging disruptions to energy flows through the Strait of Hormuz. Crude oil also found support from today's decline in the dollar to a 1-week low.
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