Supply Disruptions Underpin Crude Oil Prices
September WTI crude oil (CLU26) on Friday closed up +1.08 (+1.29%), and September RBOB gasoline (RBU26) closed down -0.0171 (-0.55%). Crude oil and gasoline prices settled mixed on Friday. Crude oil rose sharply due to threats to global supplies with disruptions in the Strait of Hormuz and the Red Sea. Also, concerns about the safety […]