October WTI crude oil (CLV26) closed up +0.29 (+0.32%) on Thursday, and October RBOB gasoline (RBV26) closed up +0.0311 (+1.00%).
Crude oil and gasoline prices settled higher on Thursday, 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 Thursday's decline in the dollar index ($DXY) to a 1.5-week low. Crude prices fell from their best level on signs that oil supplies are still moving through the Strait of Hormuz.
Adequate US Nat-Gas Storage Pressures Prices
Crude Oil Prices Rally as No End in Sight to US-Iran War
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, ***** ysis, and headlines.
#crude #prices #closed
Crude oil and gasoline prices settled higher on Thursday, with crude oil posting a new 6-week high. Crude prices are climbing as the US-Iran conflict continues with no end in sight, prolonging disruptions to energy flows through the Strait of Hormuz. Crude oil also found support from Thursday's decline in the dollar index ($DXY) to a 1.5-week low. Crude prices fell from their best level on signs that oil supplies are still moving through the Strait of Hormuz.
Adequate US Nat-Gas Storage Pressures Prices
Crude Oil Prices Rally as No End in Sight to US-Iran War
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, ***** ysis, and headlines.
#crude #prices #closed
3 hours ago
